How to Do Matched Betting in Canada

Canadians who are looking to make some extra cash need to learn more about Matched Betting. This method is safe, easy and completely legal. That makes it a much better option than regular sports betting for people a lower tolerance for risk.

That said, there are many other questions to be answered. Is sports betting legal in Canada? Which online bookmakers are the best for Matched Bettors from Canada? How much money can you make from Matched Betting in a month’s time?

Keep on reading to find out the answers to all these questions!

Matched Betting in a Nutshell

It’s safe to say that all the best Canadian bookmakers give away some sort of bonus to their players. The most common type of bonus is the welcome bonus, which new players get after signing up. In order to qualify for the bonus, the players need to make a deposit straight after making an account.

To turn the bonus funds into real cash that they can withdraw whenever they feel like it, the players need to fulfill the wagering requirements. Sometimes, these conditions can be very difficult to clear.

For example, there are some bookmakers that give away bonuses with wagering requirements as high as 5x. What this means is that in order to turn the bonus into real money, you need to wager it (and win) 5 times. That’s something that’s not very easy to achieve.

The good news is that there is a way to clear the bonus without risking any money. What we’re talking about is Matched Betting. By betting the bonus on one outcome, while simultaneously laying it at a sharp bookmaker or betting exchange, you make sure that whatever happens, you win.

Sounds good? It really does, and you must feel eager to learn how to do Matched Betting in Canada. Before we teach you how to do it, there’s one thing we need to deal with first – the legality of online sports betting in your country.

The legality of Online Sports Betting in Canada

So far, we have covered a number of countries, including the United Kingdom, Italy, Norway, and so on. Now it’s time to discuss Canada and its stance on sports betting.

The situation regarding gambling laws in Canada is pretty hectic, with some regulations being around for more than 150 years. The good news is that online sports betting is not illegal on the federal level. Canadian players are free to bet online under the condition that they do it at a platform that carries a legit license.

Unless a bookmaker has an operating license issued by Canada’s gambling authority, it isn’t allowed to operate. Luckily, there are literally dozens of online bookmakers that have a license issued in Canada.

Do Canadians Pay Gambling Tax?

Are Canadian sports betting winnings taxed? No. This country doesn’t look at any gambling winnings, including those made at online sportsbooks as a constant source of income. Gambling is not a business in the eyes of Canadian lawmakers, as it’s based on luck.

Matched Betting is not based on luck, but on mathematics. Nevertheless, you are not required to pay any tax. All the money you make from this activity stays in your account!

Best Bookmakers for Canadian Matched Bettors

At the moment, there are more than 100 online bookmakers that have a license in Canada. The best thing is that most of those are top-quality operators, famous for their user-friendly attitude. These sportsbooks are giving their players exactly what they want.

One of the things that bettors demand is a lucrative welcome bonus. This is fantastic news for Matched Bettors from Canada, who have the opportunity to take advantage of those bonuses and make themselves as much as 2,500 CAD in a month.

Sounds good? If so, here are some bookmakers whose bonus deals you mustn’t miss out on.


Bet365 is probably the most famous online bookmaker in the world. It accepts players from various parts of the planet, including Canada.

Not only is it legal to bet at bet365 Canada, but the players from this country also have some fantastic bonuses at their disposal. The first of those deals is the 100% Welcome Bonus up to 200 CAD.

It sure does sound awesome, but that’s not all. Another reason why bet365 Canada is an excellent choice is that this sportsbook is available with Oddshero Free. You get to clear the bet365 bonus without having to pay for a subscription to our Matched Betting tool.

Once you’ve cleared it, you can use that money to purchase an Oddshero Premium subscription. With the Premium version of our software, you will be able to clear all the other bonuses available to Canadian players.


The 200 CAD bonus you can get from bet365 does seem pretty impressive, but there’s one bookmaker that’s giving away an even bigger bonus. If you sign up to 888sport Canada, you will get a 100% match up to 250 CAD.

Apart from having amazing bonus deals at the table, this sportsbook is also great for many other reasons. For instance, its track record of user payouts is flawless, meaning that you can trust this operator. The same goes for customer service and many other things.


The stuff you’ve read about 888sport also applies to Betway. This sportsbook is also giving a 200 CAD bonus to its new customers. Another similarity is that this operator too has a very user-friendly business philosophy.

You should also know that this sportsbook is famous for having very attractive odds, which is exactly what Matched Bettors want.

Other Bookmakers for Matched Betting in Canada

The sportsbooks we discussed are just some of the many excellent operators that offer their services to Canadian players. Some others include William Hill, Intertops, and so on. The list is just too long to mention every single one of them.

Because the choice of Canadian sportsbooks is really big, Matched Bettors can get busy and take advantage of dozens of lucrative bonuses. To do that, they need help from Matched Betting software.

Oddshero for Canadian Matched Bettors

Oddshero is a fantastic choice for Matched Bettors from Canada, not only because it takes care of all the hard work for them. It’s also because our tool works with more than 90 bookmakers, most of which accept Canadians.

With Oddshero to guide you, you can get a hold of a few thousand dollars in a month’s time!

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