As of August 2021, single-event sports wagering is finally available in Canada! But although parlay wagers are no longer the only type of sports bet legal for Canadian residents, sports betting as an industry still has some ways to go before it is really up and running. We anticipate DraftKings Canada will be one of the first sports betting apps to arrive in the Canadian market.
Individual Canadian provinces must come up with regulations and restrictions for sports betting operators in their territories. They must also decide whether to legalize single event wagers like the federal government already did. In many ways, the legalization of single-event sports wagering in Canada is similar to the Supreme Court overturning of PASPA in the US. Some US states still don’t allow legal sports bets.
That said, many sports betting operators like DraftKings are already looking for partnership opportunities and will apply for operational licensure. DraftKings is a major force in the mobile sports betting market in the US and we expect it to be just as popular in Ontario and throughout Canada. They also already have a presence in Canada with their daily fantasy platform.
With that in mind, let’s take a look at DraftKings’s mobile sportsbook in detail and break down what Canadian sports bettors can expect when they use the DraftKings Canada mobile app for the first time.
DraftKings Canada Promo Code For October 2021
At this time, it’s impossible to know what type of opening bonus DraftKings may offer for new account holders in Canada. However, it may be similar to the opening bonus it offers its US customers in most of its active states. Expect $50 in free bets plus a 20% deposit match bonus up to $1,000 at DraftKings Canada.
Terms & conditions apply.
|DraftKings Canada Promo Code||Use our exclusive link to register|
|No Deposit Bonus||$50 free bet ($5 deposit)|
|Deposit/Match Bonus||20% up to $1,000|
|What Provinces Allow DraftKings In Canada||TBD|
|Promo Code Verified For||October 2021|
DraftKings Sportsbook: Bonus And Promotional Grade (4.5/5)
The above opening bonus seems to be great on the surface, and it is. However, it does come with a few strings attached. For instance, the $50 free bets are distributed in separate vouchers and have to be redeemed one week after creating your account. But, it’s still $50 in free bets with only a $5 deposit, so it’s a great way for Canadian bettors to test out the DraftKings Canada app.
Furthermore, the 20% deposit match bonus credit has to be played through 25 whopping times in total before you can withdraw it as cash. Because of this, many DraftKings users won’t ever actually see the bonus credit in their bank accounts.
Still, this opening bonus is a great way to improve your initial bankroll. Aside from this, DraftKings also provides a plethora of regular promotions and ongoing bonus offers, including odds boosts, special game-day promotions, and weekly contests for big winners.
Between all of these, there’s always something new to do at DraftKings’s mobile sportsbook in the US. In Canada, we expect the promotional and bonus systems to continue or even improve over time. Canadian sports bettors will find a lot to like when it comes to bonuses and promotions at DraftKings.
We also want to mention that DraftKings recently launched DraftKings Marketplace in Canada, which offers mainstream NFT trading options for Canadian residents. This allows Canadian residents to purchase and trade digital collectibles, including some exclusive Wayne Gretzky-themed NFT drops.
While this promotional offering is not directly related to the sportsbook, we wouldn’t be surprised if it played a role in promotions or bonus offerings once the betting platform launches.
DraftKings: Odds Vs. The Competition Grade (5/5)
There’s another big reason why DraftKings is so popular in the US: its high quality, player-friendly odds. Odds from DraftKings are calculated through professional line-making algorithms, which contribute odds both for its regular wagers and for its in-play betting opportunities.
The odds are very player-friendly for both underdog and favorite bettors. No matter which team you like to put your money down on, you’ll find a profitable wagering opportunity for Canadian football league games, hockey games, soccer games, and much more.
In fact, many American sports bettors like to use DraftKings as their anchor mobile betting app for line shopping. They use DraftKings as their go-to choice for wagering lines, but also check other betting apps to make sure they’re getting the best bang for their buck and put their money down on the most potentially profitable line available.
Bottom line: DraftKings has excellent odds compared to the competition and these are only likely to get better as the sportsbook juggernaut continues to expand its market reach.
DraftKings Canada: Market Depth And Variety Grade (4.8/5)
DraftKings is a major sports betting operator in the US because of its high-quality market depth and variety. In the US, if you want to bet on a sport, DraftKings is your go-to choice since it offers varied and diverse betting markets for US professional sports like NFL games, NBA games, MLB games, and more.
But on top of all that, it also offers betting markets for niche sporting activities like darts, cricket, rugby, MMA or UFC fights, and more. You can even bet on international sports like Korean baseball, Australian rules football, and so on. When it comes to any type of sporting event, you can bet that DraftKings will have at least a few betting lines available. Even esports are on DraftKings at some locations.
While we don’t know what betting markets will be available for Canadian residents, we expect the market depth and variety to continue. Canadian football matches, Canadian soccer, Toronto and the MLB, and especially Canadian teams and the NHL overall, are just a handful of markets to anticipate. Betting lines should be available by the hundreds.
DraftKings: Deposit And Cashout Grade (4.6/5)
DraftKings’s deposit and withdrawal options vary heavily by state in the US, and this will probably be the same for Canadian provinces. Your province will determine how you can deposit and withdraw money from your DraftKings sports betting account.
However, the total possible selection of deposit and withdrawal methods is good, including credit or debit card transactions, PayPal transfers, ACH transfers, online banking wiring, and cash deposits or withdrawals from casino cash cages.
The latter option may be your go-to choice if you live near a local casino and want your withdrawal to go through immediately. But that’s contingent on DraftKings partnering with a casino location in Canada.
Time will tell which deposit and withdrawal options are available for Canadian residents. But either way, we expect you’ll have at least a handful of good choices to suit your preferences.
DraftKings Sportsbook: Mobile App Grade (4.9/5)
Of course, a good mobile sportsbook has to have a quality app for it to be really worth your time. Luckily, Canadian residents can look forward to a superb app from DraftKings should this mobile platform launch in their province.
DraftKings’s mobile app is well known for a few key things, including an intuitive layout, great ongoing promotions and customer support options, and excellent live streaming or in-play betting. The last feature is very nice if you like to put your money down in the middle of the action and take advantage of special live betting lines that you can’t get from other betting pools.
Even better, the live streaming is usually lag-free and very smooth, even if a lot of people are using the app at the same time.
We also really like DraftKings’s excellent user interface. Your betting slip is retrievable with the flip of your thumb and all the major menus and betting pools are easy to navigate to. You’ll notice a special mobile users-only promotional tab on this app – in this way, DraftKings’s mobile sportsbook is a better choice than the desktop platform which is otherwise functionally identical.
All in all, this mobile app has everything you could want in a phone sportsbook: ease of access, excellent layout, and smooth operation no matter what. DraftKings’s mobile app is definitely one of the best in the industry, bar none.
DraftKings Canada: Overall Grade (4.8/5)
All in all, DraftKings is one of the best mobile sportsbooks we can hope to come to Canada sooner rather than later. It has excellent market depth and variety, great odds for the most part, and is one of the best mobile apps in the industry overall.
Because of all these factors, Canadian residents would do well to check out DraftKings if and when it comes to their home province. Given the fact that you’ll be able to take advantage of a generous opening bonus upon making an account, you might be able to try out all the bet types it has to offer without making a huge deposit.
Is DraftKings Legit?
Canadian residents have been limited to government-run sports betting sites for quite a long time. If they didn’t want to use those, they could technically use offshore betting sites, though this ran the risk of them losing their money or personal information.
Given this history, it’s natural for many Canadians to wonder whether DraftKings is truly a legitimate company. However, we definitely think DraftKings is a legitimate sports betting operator to check out for a few major reasons:
- Already offers DFS or daily fantasy sports to Canadian residents. This is a big deal as it shows Canada’s government trusts the organization.
- Recently expanded its Marketplace NFT ecosystem to Canadian residents with exclusive Wayne Gretzky items to purchase or trade. Again, this emphasizes how DraftKings is committed to expanding legitimately into the Canadian market.
- Excellent digital security for all of its users. Because of this, you’ll never need to worry about your personal information being stolen or your funds being lifted out of your account. This is a major concern with offshore betting sites Canadians had to use in the past.
- History of excellent operation throughout the US. It hasn’t been involved in any major scandals.
- Thoroughly reviewed and investigated by individual state regulatory bodies. Again, there’s no problem with this organization so far, so there’s no reason to expect issues when it launches in Canada.
Put simply, DraftKings is one of the best mobile sports betting operators in the industry for a reason. Millions of people already trust this mobile app with their money and enjoy high-quality wagering action with their favorite sporting events.
Why Choose DraftKings Sportsbook Over Offshore Betting Sites?
Similarly, you can and should choose DraftKings over offshore betting sites every time. While offshore betting sites aren’t strictly illegal in Canada, they have several major problems, including:
- Distinct lack of good digital security. Even if they don’t steal your money or personal information, it’s much easier for a hacker or cyber-criminal to commit identity theft if you use an offshore sports betting platform.
- A lack of good betting odds. Official sportsbooks have official league data that they can use to formulate profitable odds for all their betting lines. Offshore betting sites usually don’t create good wagers for favorites or underdog bettors.
- No guarantee of payment. When you use an offshore betting site, there’s no guarantee they’ll actually pay your earned winnings. If they choose not to, you can’t approach the Canadian government for assistance since using an offshore site is neither legal nor illegal.
Sure, DraftKings may not have launched quite yet. But it is almost certainly coming to Ontario, and likely the rest of Canada, so don’t risk your money on an offshore betting site. Wait until the legislation goes through in your local province that allows for single-event sports betting if it hasn’t already.
Why Can You Trust DraftKings Canada With Your Money?
DraftKings wants to expand into as many markets as possible. It can’t do that if it breaks the trust of its users or if it seems sketchy.
Because of this, DraftKings works hard to maintain a high-quality reputation and make sure that people know that they are very trustworthy with funds. Plus, DraftKings uses SSL certification and other cyber security measures to ensure that the information and funds of its users are safe at all times from external threats.
However, that’s not the only reason why you can trust DraftKings in Canada with your money. If and when this sportsbook eventually launches, it will be overseen by the province’s regulatory body or organization. They’ll thoroughly investigate and review the sportsbook before giving DraftKings its license to operate.
In other words, you won’t be able to use DraftKings until it has already been double-checked for any problems. Once it launches, you can be assured that there aren’t any issues.
Even if there’s a cyber security breach, you’ll be able to contact your Canadian province’s regulatory organization for legal recourse and an insurance-backed refund.
DraftKings Canada Fact Sheet
|How old do you have to be?||18 or 19|
|What provinces is DraftKings legal in?||TBD|
|Who is DraftKings' partner in Canada?||TBD|
|Launch date in Canada||TBD|
DraftKings Canada FAQs
Not at this time. However, that may change sometime in the near future. DraftKings already has a presence in Canada with daily fantasy. Ontario is opening up its market for commercial sportsbooks, which will likely feature DraftKings Sportsbook.
It depends on the Canadian province in which you live. In Manitoba, Alberta, and Quebec, you need to be 18. In all other provinces, including British Columbia, Ontario, Nova Scotia, and so on, you need to be 19.
It’s very likely that when DraftKings launches in Canada, you’ll be able to enjoy in-play betting since they offer it as much as they can in US states where they are active.
Yes. Each DraftKings app will use geolocation software to make sure that you don’t place any bets outside provincial lines.
You’ll be able to sign up for DraftKings’s mobile sportsbook from anywhere within your home province. Those already holding a daily fantasy sports account will have a quicker experience in signing up.
No one at the time of this writing. However, given a recent expansion of its Marketplace to Canadian customers, DraftKings may partner with Canada’s hockey league or teams in the league once it launches sports betting.