Coolbet Sportsbook Review 2025
Coolbet started out in Estonia back in 2016 and has steadily grown into one of the more recognizable names among Canadian betting sites.
It has earned that reputation with sharp odds, a wide range of sports markets to choose from, and a mobile site that has won industry awards. Coolbet is also licensed to operate as one of the many Ontario betting sites, giving local players a fully legal way to bet.
While you won’t find a ton of flashy promotions, the platform’s fair pricing and reliability have made it a favourite among Canadian bettors.
Coolbet Canada Sportsbook at a Glance:
Coolbet Canada Sportsbook Pros and Cons
- Large variety of markets
- Favourable odds (low margins)
- Award-winning mobile sportsbook
- Reputable online sportsbook
- Few promotions
- No live streaming
Coolbet features no shortage of markets, with dozens of sports available. You can get an idea on what it offers from the sample below:
- MLB
- NBA
- Curling
- Cycling
- NFL
- Hockey
- MMA
- Rugby
- Volleyball
These markets represent just a portion of Coolbet’s markets. That said, you’ll enjoy numerous betting opportunities here.
Coolbet Odds
The Coolbet betting 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.
How to Sign Up at Coolbet Canada
You can quickly become a Coolbet Sportsbook member through the following steps:
- Select the Register prompt.
- Enter your email, username, and password.
- Verify that you’re at least 19 years old.
- Enter your personal details (e.g,. name, phone number).
Placing Your First Deposit
You can place your first deposit as follows:
- Make sure you’re signed in.
- Visit the cashier area.
- Choose a banking method.
- Enter the amount you wish to deposit.
- Confirm the transaction and check on your funds.
Why Sign Up with Coolbet Sportsbook
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.
Betting Contests at Coolbet Sportsbook
Some online sportsbooks offer betting contests to spice up the action. We’ll discuss if the same is true of Coolbet Sports.
Tournaments
We don’t see any available tournaments at Coolbet during this review. Tournaments give bettors an opportunity to compete against other sports bettors.
Pools
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.
Banking Options and Payout Speeds
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.
Depositing Money Into Your Account
You can place a deposit in as few as four steps:
- Log in (or register if you haven’t).
- Visit the payments section.
- Choose a payment method.
- Enter the amount you wish to deposit and confirm the transaction.
Withdrawing Your Winnings
The Coolbet withdrawal process also offers four easy steps:
- Ensure that you’re logged in.
- Go to the cashier's area.
- Choose a withdrawal option.
- Enter the desired cash-out amount and confirm.
Betting at Coolbet Sportsbook in Canada
The online sports betting scene in Canada 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 a license to operate here. The good news for Coolbet is that it already holds a license from the Alcohol and Gaming Commission of Ontario. Therefore, it has free rein to operate throughout this province.
Betting Experience on Desktop & Mobile
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.
Coolbet Mobile Betting App
No sports betting apps in Canada are available for Coolbet, 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.
Company Information
Email:
support@coolbet.comAddress:
Website:
Social:
Coolbet Customer Support
With so many new sportsbooks in Canada entering the market, having helpful support on hand is key for new players. That is why the customer support agents at Coolbet ensure 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:
- Live chat: 24/7
- Email: customersupport@coolbet.com
- Twitter: @CoolbetCanada
- Phone: n/a
Our Final Verdict
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 notable downsides. However, Coolbet Sports has too much going in its favour to be overlooked.
Company Information
Email:
support@coolbet.comAddress:
Website:
Social:
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