Reviewed By Jeremy Olson
Coolbet launched in Estonia in 2016 with the goal of serving the Eastern European and Scandinavian markets. It has since transitioned towards Canada as well. Coolbet is now one of the top Canadian betting sites. It is also available in Ontario’s newly regulated sports betting market.
On a national level, Coolbet offers a large welcome bonus for Canadians. However, we don’t know what kind of Coolbet Ontario bonus is currently available. After all, Ontario online sportsbooks aren’t allowed to advertise their welcome deals. In any case, Coolbet is one of the most popular Canadian online sportsbooks for a reason, well, multiple reasons. It has plenty of markets, favourable odds and a great reputation.
Coolbet features no shortage of markets, with dozens of sports available. You can get an idea on what it offers from the sample below:
These markets represent just a portion of Coolbet’s markets. That said, you’ll enjoy numerous betting opportunities here.
The Coolbet odds are some of the best in the business. This online sportsbook frequently takes reduced juice from bets and, thus, has lower margins on wagers. Therefore, you’re often getting a better price at Coolbet versus almost every online sportsbook.
You can quickly become a Coolbet Sportsbook member through the following steps:
You can place your first deposit as follows:
Coolbet Sportsbook presents a number of reasons to get excited over it. First off, it has some of the best odds/lowest margins in the industry. You can sometimes look forward to margins as low as (2%–3%). Coolbet also offers many markets, ranging from hockey to darts. You can always find something to wager on here.
Some online sportsbooks offer betting contests to spice up the action. We’ll discuss if the same is true of Coolbet Sports.
We don’t see any available tournaments at Coolbet during this review. Tournaments give bettors an opportunity to compete against other sports betting enthusiasts.
Pool betting is another popular contest that pits gamblers against each other in fixed-price wagering. Coolbet isn’t running any pools right now either.
This betting site offers a decent number of deposit and withdrawal methods. You can fund your account with major credit cards, e-wallets and bank transfers.
You can place a deposit in as few as four steps:
The Coolbet withdrawal process also offers four easy steps:
The online sports betting Canada scene is mostly unregulated. Therefore, Coolbet and other betting sites can legally operate here without any problems. You can access this mobile sportsbook in 9 out of the 10 provinces.
Ontario is the lone exception because it has a regulated market. All Ontario online sportsbooks must hold licensing to operate here. The good news for Coolbet is that it already has licensing from the Alcohol and Gaming Commission of Ontario. Therefore, it has free reign to operate throughout this province.
Coolbet is available on both desktop and mobile devices. Beginning with the desktop version, we had no trouble finding various markets and bet types. This website offers options like “recommendations” and “my favourites” to help you find the best wager types.
No Coolbet app is available, but you can still enjoy mobile betting through your device. You just need to visit Coolbet’s website with an iPhone or Android. We found that the instant mobile version operated every bit as good as a leading app. The same filters that helped us during the desktop review were also around. We weren’t surprised by this excellent experience, given that Coolbet won “Mobile Product of the Year” in 2020.
Having quick and useful help is crucial, especially when you are a new user looking to find your way around the rapidly growing online gambling industry in Canada with so many new sportsbooks entering the market and offering great incentives. That is why the customer support agents at Coolbet are making sure that you always feel welcome and that no questions remain unanswered. Should you require some assistance, this brand offers several channels through which they can be contacted:
Coolbet is already one of the top betting sites in Canada. It has the potential to be a star in the regulated Ontario market. This bookmaker offers great odds, many markets and a user-friendly mobile site. The lack of live streaming and limited promotions are downsides worth mentioning. However, Coolbet Sports has too much going in its favour to be overlooked.
"Jeremy Olson has been writing about gambling since 2004. He started out by covering poker and branched out into casino games and sports betting shortly thereafter."