Bet365 Ontario Sportsbook Review May 2024
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Bet365 is one of the world's most-famous online sportsbooks. This UK-based betting site earns around $5 billion per year and employs over 4,500 people around the globe. Following its launch on April 4, Bet365 brings its famed brand to the Ontario sports betting market.
You can read about what to expect regarding Bet365 Ontario Sports below. This review covers potential Bet365 odds, betting markets, features, bet types, loyalty program and more.
Bet365 Ontario Betting App
Is Bet365 Sportsbook Currently Available in Ontario?
Bet365 is currently live in Ontario having officially been regulated in time for the April 4th launch. Ontario single game sports betting is live as from April 4, 2022. In turn, plenty of new betting sites have gone online on this date or shortly after.
Bet365 is among the first half dozen, or so, legal Ontario sportsbooks to launch first.
Bet365 Ontario Sports Betting Review
Bet365 is among the betting sites that announced intentions to operate in Ontario. Given its international clout, Bet365 quickly gained licensing in the first legal Canadian sports betting market. Bet365's Ontario betting site provides several features and plentiful deposit methods.
Overview of Ratings for Bet365 Ontario
- Overall Sportsbook Reputation 4/5
- Quality of Odds vs. The Competition 5/5
- Noteworthy Sportsbook Features 5/5
- Market Variety and Bet Types 3/5
- Deposit and Cash Out 5/5
- Mobile App Design & Performance 4/5
- Rewards & Loyalty Programs 0/5
- Security & Trust 5/5
- OVERALL RATING: 31/40
1. Overall Sportsbook Reputation: 4/5
Bet365 is, for the most part, a trusted brand in the online sports betting industry. Headquartered in Stoke-on-Trent, England, it has been operating since 2000. It earns roughly $5 billion (£3 billion) in annual revenue and is easily one of the world's most successful online sportsbooks.
This betting site hasn't had much success in New Jersey and Colorado—its only US markets. However, it'll look to improve its North American standing when serving Ontario sports bettors.
While Bet365 excels regarding brand recognition, it has experienced some negative incidences. In 2014, this internet sportsbook took bets from China through different domain names. In 2016, Australian officials fined Bet365 with $2.75 million AUD for misleading bets (the bets required 1x rollover). Owner Denise Coates has also taken criticism for her lofty salary, which reached £422 million in 2021.
On the other side, Bet365 has some awards to its credit, including the following accolades:
- 🥇 2021 Global Gaming Awards London - Online Sports Betting Operator
- 🥇 2018 Global Gaming Awards Las Vegas - Digital Operator
- 🥇 2010 eGaming Review Operator Awards - Operator of the Year
2. Quality of Odds VS. The Competition: 5/5
We always consider odds when rating sports betting operators. Simply put, we rate online sportsbooks higher if they consistently offer superior prices to the competition. Bet365 odds and margins stack up well to their closest competitors. This site does an excellent job of continually rolling out favourable odds in different betting markets.
The following moneyline bet provides an example on how Bet365 shines in this department:
3. Noteworthy Sportsbook Features 5/5
Bet365 excels in terms of features. It offers the essentials you'd come to expect from a top-tier betting site, along with the unique early payout feature. Here are the features available at Bet365 Ontario:
- Live streaming - Watch certain games live through the Bet365 website.
- Cash out - Collect winnings before a bet is decided. Your winnings depend upon the current odds.
- Same game parlay - Build a parlay by using multiple outcomes from the same game.
- Early payout - Your bet automatically wins under certain circumstances (e.g. your chosen NHL team goes up by two goals).
4. Market Variety and Bet Types 3/5
This site does okay regarding betting markets. Bet365 typically covers 23–25 sports wherever it operates, which is somewhere in the middle compared to the industry.
Despite its average quantity of betting markets, Bet365 no doubt provides the essentials. It offers Ontario favourites, such as NHL betting, NBA wagering and NFL betting. This operator also covers esports, baseball, boxing, soccer, tennis and plenty of other sports.
As for bet types, this operator offers every type of online wagering available. You can bet on moneylines, point spreads, totals, prop bets, futures, live betting and parlays.
5. Deposit and Cash Out 5/5
Common Bet365 deposit methods include Visa, Mastercard, PayPal, Skrill, Interac, online banking, PayNearMe, Paysafecard and cash. $10 is the minimum deposit for all of these methods.
Bet365 Ontario withdrawal methods include Visa, Mastercard, PayPal, Skrill, Interac, online banking and cash. $10 is the minimum withdrawal option for most methods, but the branded Bet365 Mastercard allows for $5 cashouts. The branded Mastercard and cash offer instant payouts, while Skrill and PayPal deliver funds in 1–2 days.
6. Mobile App Design and Performance 4/5
The Bet365 sports betting app is definitely a winner. It offers smooth navigation and a clean layout. We had no trouble finding our way around the app and quickly accessing sections.
Bet365 Ontario mobile betting is a strength for this operator. Then again, we used an iPhone during our review. As seen below, those using Android mobile devices aren't as thrilled with the performance.
- ⭐️ Bet365 App Store rating - 4.4/5
- ⭐️ Bet365 Google Play rating - 2.4/5
7. Rewards & Loyalty Programs 0/5
Bet365 doesn't provide a VIP program in any of its current markets. Therefore, Bet365 Ontario doesn't offer a loyalty program either.
8. Security & Trust 5/5
This operator typically only operates in legal and regulated markets, rather than engaging in offshore gambling. It obtained licensing from the Alcohol and Gaming Commission of Ontario (AGCO). As a licensed operator, Bet365 must abide by the relevant gaming authority's rules. It also provides responsible gambling resources, such as deposit limits, cool-off periods and self-exclusion
For good measure, Bet365 runs a safe and secure website. It uses Secure Sockets Layer (SSL) technology to protect users' data and bankrolls.
Bet365 Ontario Closest Competitors
Bet365's closest competitors figure to be other international brands that are establishing themselves in North America. Well-known US brands, including BetMGM, Caesars, DraftKings and FanDuel, have excelled in America. They could likely have an edge in the Ontario online betting industry too.
Bet365 will probably focus on outdoing Unibet (based in Malta), Betway (Malta) and PointsBet (Australia). These three online sportsbooks should be in close competition with Bet365 for second-tier popularity in Ontario.
Comparison Summary
Unibet
- Prestigious brand that has had much success in Europe
- Many live betting opportunities
- Variety of betting market including niche sports.
PointsBet
- Offers the unique "Points Betting" and "Name a Bet" options
- Runs a stellar app that's backed by favourable Play and App Store reviews
- Provides a worthwhile three-tier VIP program
Betway
- E-Sports specialists
- Many banking options
- User-friendly sports betting app
Bet365 Ontario Sportsbook Top Features & Experience
- ⭐️ Early Payout
- ⭐️ Cash out
- ⭐️ Live streaming
We enjoyed the multiple Bet365 features during our review. This sportsbook provides Early Payout, cash out, live streaming and same game parlays.
Early Payouts on your bet automatically when your team goes up by so many points. For example, you might get an early payout on a CFL game if your team is winning by two touchdowns.
Cash out, live stream and same game parlays are becoming more common in the online sports betting industry. Nevertheless, most Canadian sportsbooks don't offer all of these features.
Popular Sports Bets at Bet365 Ontario
Popular bet types at Bet365 include:
- Point spreads - Spread bets attach handicapped scores to each side. The favourite must win by so many points (e.g. -3.5), while the underdog must avoid losing by so many (e.g. +3.5).
- Over/under - You bet on two teams scoring above or below a combined point total (e.g. 212.5 for an NBA game).
- Prop bets - A wager that doesn't involve the final outcome. Certain NFL games, for example, often have prop bets on which player will score the first touchdown.
- Parlays - Parlay bets involve multiple outcomes that all must be successful for a winning bet.
- Live betting - Wagers that become available in the middle of a game.
Bet365: How to Register and Play
You should experience no trouble creating a sports betting account at Bet365 Ontario. You simply need to meet the proper qualifications when signing up and depositing.
First off, you must be 19 years old, which is Ontario's legal gambling age. ON regulators also require that you be within provincial borders when depositing and betting. Bet365 ON will use geolocation software to ensure that you're in Ontario when doing so. You don't, however, need to be an Ontario resident just to place wagers.
Beyond the qualifications, you can complete the signup process in 5 easy steps:
- ✅ Visit the Bet365 Ontario Sportsbook
- ✅ Select the Join button.
- ✅ Fill in all required fields (email, password, name, address, etc.).
- ✅ Agree to the terms and verify your age (19+).
- ✅ Submit your account for approval (should happen instantly).
After joining, you can deposit and begin placing bets once you're located inside Ontario. Assuming you're not within the province, you won't be able to make wagers here.
Downloading the Bet365 Sportsbook App in Ontario
We've had no trouble downloading the Bet365 iPhone app in other jurisdictions. The same thing is true with sports betting in Ontario now live.
Our experience with Bet365 mobile sports betting has been really good. We're easily able to find the major sections and place bets. The available bet slip also makes keeping track of wagers easy. The slip came in handy when we placed multiple soccer bets during a session.
Depositing and Withdrawing Money at Fanduel Ontario
Bet365 offers a wide range of banking options in its current markets. You can fund your account through major credit cards, e-wallets, bank transfers and in-person transfers. Depending upon how Bet365 Ontario operates, you may even qualify for bet credits after depositing. Withdrawals are available through credit cards, e-wallets, bank transfers and cash.
Deposit & Withdrawal Options:
How to Deposit and Place your First Bet365 Ontario Wager:
You can quickly deposit and place wagers at Bet365 through the following steps:
- Register for an account (can be done outside of ON).
- Make sure that you're in Ontario.
- Select the Deposit (cashier) option.
- Choose your deposit method.
- Enter any required information about the banking option.
- Input how much you'd like to deposit and confirm the transaction.
- Choose one or more wagers to put on your bet slip.
- Confirm the bet(s) and wait for the outcome.
Bet365 Sports you can Legally Bet on in Ontario
The Ontario market offers many sports betting options. It goes beyond just allowing wagers on major Canadian markets, such as the CFL, NBA, NHL and NFL. It also covers esports and smaller markets, including Alpine skiing, biathlon, curling, darts, snooker, water polo and more. International sports events, such as the Winter Olympics and World Cup, are also on the menu.
Bet365 DFS Betting in Ontario
Bet365 doesn't currently offer daily fantasy sports anywhere. We don't see this situation changing in the Ontario market.
Bet365 Sportsbook in Ontario vs Other Provinces
Ontario is by far Canada's biggest province with 14.6 million people. It's also paving the way for legal Canada sports betting by becoming the first province to regulate single wagers. ON, as well as Canada in general, previously only regulated parlays. Now, Ontarians can enjoy multiple bets, such as moneyline, over/under, futures, prop and spread bets.
Bet365 should have more success in the Loyalist Province than any future Canadian-regulated market. With the brand now live, it is certain that there will be a huge marketing campaign in Ontario.
Bet365 Betting Locations in Ontario
Bet365 has mainly operated online since selling its UK betting shops to Coral in 2005. We don't predict that they'll have any ON retail sportsbooks.
Legal Sports Betting at Bet365 Ontario
National Canadian legislation previously only allowed for parlay betting. Meanwhile, it let unregulated single bets slide and treated them as a grey area. This all changed, though, when Parliament legalized C-218 in June 2021.
C-218 lets provinces regulate single wagers along with parlays. Ontario is the first province to take advantage of this new opportunity. Bet365, meanwhile, is seeking to capitalize on this renewed betting interest in ON.
Responsible Gambling with the Bet365 Ontario Sportsbook
This sports gambling site prominently displays a Responsible Gaming link on its homepage. Upon visiting this section, you'll find options for the following:
- Activity tracking
- Deposit limits
- Self-exclusion
- Session limits
- Spending limits
- Time outs
Our Bet365 Online Sportsbook Ontario Verdict
Bet365 is looking for more success than they've had in the US so far. It stands a good chance of doing so thanks to its helpful features and competitive odds. It will need to overcome some potential downsides, including no VIP program and an average number of markets. Nevertheless, it still has an opportunity to draw many bettors in Ontario thanks to its notable strengths.
Bet365 Sportsbook Ontario FAQs
Is Bet365 legal in Ontario?
Bet365 Ontario is currently legal and has obtained an ON license. It has a solid reputation, which earned it a spot in Ontario's regulated online sports gambling market.
When will Bet365 launch in Ontario?
Ontario officially has allowed legal single bets since April 4, 2022. The first wave of legal ON online sportsbooks has gone live on this date. Bet365 was one of the first operators to launch on April 4.
Where can I use Bet365 sportsbook in Ontario?
Bet365 Ontario Sports is live and you can use it anywhere within the province's borders. You just need to be in Ontario when depositing or placing bets. Bet365 will use geolocation to determine if you're in ON before letting you deposit.
Can you bet on football at Bet365 Ontario?
Yes, Bet365 ON assuredly offers football betting. It already features NFL wagering in many markets. It provides CFL betting to appeal to Canadian sports fans.
What is the minimum age to wager at Bet365?
The Ontario legal gambling age is 19 years old. That said, Bet365 ON will also require online bettors to be 19 when wagering on their site. It'll require you to confirm your age during the registration process.
What are the banking options for Bet365 Ontario?
Bet365 has plenty of banking options since going live in Ontario. However, they feature of Interac, Visa, Mastercard, PayPal, Skrill, online banking, PayNearMe, Paysafecard and cash.
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