Sportsbet.io

Sportsbet.io Canada (2024)

Sportsbet.io is one of the most popular crypto-gambling platforms right now. The site was launched in 2016 by mBet Solutions NV, an operator licensed and regulated by Curaçao Gaming Control Board. Canadian punters who prefer transacting with digital coins like BTC, ETH, and USDT will find Sportsbet.io features appealing. The main advantage is that using crypto ensures more secure and faster transactions. 

Gambling can be addictive, please play responsibly. Any offers mentioned are not available for Ontario players.
Reviewed by Ijeoma Esther
Last updated: 2024-08-08
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Sportsbet.io Canada Review

Sportsbet.io appears to be a solid sportsbook and online casino. The platform focuses only on cryptocurrencies, and Canadians can’t deposit or withdraw using CAD directly. Nevertheless, a good number of CA punters prefer using digital coins over FIAT. As such, Sportsbet.io is steadily gaining ground in the country.

In this review, our aim is to confirm whether the online gambling platform maintains its quality all around. So, we analyzed critical aspects like legitimacy, sports coverage, games, promotions, deposits and withdrawals, mobile compatibility, and more. Everything has been detailed on this page to help Canadians decide if Sportsbet.io is worth a signup.

Quick Facts

Minimum Deposit Varies
Owner mBet Solutions NV
Available in Ontario No
Payout Speed Instant
Payment methods BTC, ETH, USDT, BNB, LTC, XRP, DOGE, USDC, TON, TRON, MATIC, ADA
Banking Fees No Fees
Payout Percentage 96.5%
Number of Games 6,500+
Game Providers Pragmatic Play, Play’n GO, Spinomenal, Evolution, One Touch, Hacksaw Gaming, Caleta, Turbo Games, Kalamba Games, SmartSoft, and more.
Mobile App Yes (Android only)

Pros and Cons

Pros

👍 Multiple award-winning casino and sportsbook

👍 Fast deposits and withdrawals with crypto

👍 Intuitive and well-designed mobile interface

Cons

👎 Doesn’t support CAD

👎 No standard welcome bonus

Operator’s Safety

Products Casino, Live Casino, Sports Betting, Live Betting
License OGL/2023/110/0072
Founded 2016

Without mincing words, Sportsbet.io is a secure and legitimate platform. It's licensed and regulated by the Curaçao Gaming Control Board under license number OGL/2023/110/0072. However, the operator isn’t available in Ontario since it’s yet to get approval from the AGCO.

During our review, we found that Sportsbet.io employs SSL technology to encrypt its website. Additionally, the platform supports two-factor authentication (2FA) via Google Authenticator. Both factors ensure user accounts are safe and secure from third parties.

We must mention that the platform is in official partnerships with prominent sports teams and brands, including Newcastle United, Southampton FC, FIBA WASL, and Imperial. Such a high level of endorsement is rare among similar betting sites and casinos in Canada.

Furthermore, Sportsbet.io is a recipient of numerous prestigious awards, including:

  • AskGamblers’ Player’s Choice Award in 2019
  • SBC Awards in 2020
  • EGR Brand of the Year in 2022
  • SBC Awards in 2022

The above accolades clearly highlight Sportsbet.io’s excellence and reliability in the iGaming industry. So, to reiterate, the platform is 100% secure and legitimate.

Welcome Bonus Offer

Sportsbet.io is quite a dynamic platform when it comes to promotions. On the site, we didn’t find any standard welcome bonus for new users to claim. This was the case for both the casino and sports products.

Instead, Sportsbet.io features several promotions new users can leverage for a rewarding wagering experience. Most of these promos are tournaments where Canadians compete to win part of prize pools and jackpots.

Promotions

Sportsbet.io doesn’t have standard bonuses. All existing users can simply check the promotions page from time to time to know what’s available. It’s worth mentioning that the platform has an exclusive section labelled “My Rewards” where users can claim some special bonuses on offer.

Sportsbet.io also rewards users with promo codes. The operator regularly shares these codes on social media platforms like Facebook, Twitter, and Instagram. Once entered on the site, the associated bonus is awarded instantly.

Based on our checks, the closest thing to standard bonuses to expect from Sportsbet.io is from the loyalty program. The platform features a VIP ClubHouse with seven tiers: Steel, Bronze, Silver, Gold, Platinum, Titanium, and Diamond. New users kick off from Steel and get points from placing bets and playing casino games. Typically, more points lead to higher ranks.

Sportsbet.io Canada doesn't detail the exact rewards for each tier. Nevertheless, our research suggests the benefits include a personal account manager, wager-free bonuses, weekly bonuses, higher betting limits, and other exclusive promotions. These are available for both the casino and sportsbook.

Banking Methods

Sportsbet.io is a crypto online casino and sportsbook. As such, it doesn’t support direct FIAT transactions. We discovered the following 12 digital coins for deposits and withdrawals at the site:

  • Bitcoin
  • Ethereum
  • Litecoin
  • Tether
  • Polygon
  • Tron
  • Ripple
  • Binance Coin
  • Cardano
  • Dogecoin
  • The Open Network
  • USD Coin

For users with CAD, Sportsbet.io only allows purchasing coins using debit/credit cards, Apple or Google Pay, Onramper, Binance, Kraken, or Blockfinex. We count this extensive list of payment methods as a significant advantage, and it sets Sportsbet.io apart from competitors. That said, we have a guide to top casino payment methods for online gambling in Canada to check out other platforms that directly support CAD.

Deposit Methods

Since it’s all crypto, the deposit experience at Sportsbet.io is quite identical for each coin. Players only have to copy the platform’s wallet address and transfer funds. The process is that simple.

However, we used Bitcoin for our deposit since Sportsbet.io supports the Lightning Network. This option allows for much faster transactions, and we didn’t find anything similar for the other 11 cryptocurrencies. Additionally, we noted that Sportsbet.io has relatively low minimum deposit limits for users in Canada. This is typical of crypto casinos and sportsbooks, anyway.

The table below provides more details on each Sportsbet.io payment method and their characteristics:

Payment method Min limit Max limit Exchange fee Proccessing time
Bitcoin
Bitcoin
0.000007 N/A Free Instant
Ethereum
Ethereum
0.00013 N/A Free Instant
Litecoin
Litecoin
0.002 N/A Free Instant
Tether (USDT)
Tether (USDT)
0.25 N/A Free Instant

Withdrawal Methods

Switching to payouts, our experience with Sportsbet.io Canada was still smooth. However, the minimum withdrawal amount is relatively higher compared to deposits. We placed a request via Bitcoin, and the minimum payout was 0.001 BTC. Subsequently, we tested Tether, and it was 20 USDT.

In our opinion, the main upside of withdrawing from Sportsbet.io is that the platform doesn’t charge for transactions. Also, the payout process was impressively fast. To illustrate, our Bitcoin withdrawal took less than 30 seconds, and the same applied to other coins we tested.

Consequently, we rate Sportsbet.io as one of the best fast payout casinos in Canada. You can find out more details about the withdrawal methods below:

Payment method Min limit Max limit Exchange fee Proccessing time
Bitcoin
Bitcoin
0.001 N/A Free Instant
Ethereum
Ethereum
0.01 N/A Free Instant
Litecoin
Litecoin
0.1 N/A Free Instant
Tether (USDT)
Tether (USDT)
20 N/A Free Instant

Casino Games

Sportsbet.io Casino stands out with 6,500 games from some of the top software providers. Canadian players who love slots, table games, and live dealer games will find impressive titles to enjoy. Plus, there are game shows and instant wins.

To make things even more interesting, Sportsbet.io features its own line of titles called Clubhouse Games. These games aren't directly developed by the casino. They’re from third-party developers but tailored for Sportsbet.io. We’ve provided insights into our experience with the slot and live casino sections below:

  • Slots

    The Sportsbet.io slot section is home to no less than 5,400 games. It’s a high count unavailable at many CA online casinos. Besides the number, the quality and variety is also top-notch. There are titles of diverse themes, in-game mechanics, bonus rounds, and other special features.

    sportsbet.io slot testing

    Consequently, we had a great time testing various slots during this Sportsbet.io review. Rise of Olympus 100 by Play’n GO was the title we enjoyed the most. Its Greek mythology theme made each spin exciting, combined with high volatility and a 96.2% RTP. Additionally, we believe many Canadian players will appreciate the option to try the slots in Fun Mode before wagering real money.

  • Live Casino

    With 270+ games, we rate Sportsbet.io as one of the best live casinos available for players in Canada. For those who enjoy real-time versions of blackjack, roulette, baccarat, and poker, the platform has it all. Additionally, there are live game shows and dice options.

    sportsbet.io live casino testing

    We decided to try ONE Blackjack by Evolution, and the game delivered a premium experience. The purple table with clear layouts made it easy to follow the cards, and the betting limit was accommodating. However, the game cover featured a female dealer, but we found a male one after launching.

Sports Betting

There are about 20 sports available for betting on the Sportsbet.io website. While the range might not seem extensive compared to other Canadian bookmakers, the variety deserves some applause. All top sports, including hockey, soccer, basketball, tennis, and volleyball, are covered. Then, there are less popular ones like darts, harness racing, and sumo. Esports are available as well.

To evaluate the odds, we calculated margins and payout rates for sports like soccer and basketball. The results showed low odd margins of 3.5% and 4.5%, translating to payout rates of 95.5% to 96.5%. Not many sportsbooks in Canada offer such. For sports like ice hockey and MMA, the margins were around 5% to 6%. It’s higher than the first but low nonetheless.

During our review, we placed bets on some soccer events, and the minimum stake was 0.001 mBTC. This minimum varies depending on the cryptocurrency. With Tether, we got 0.07, while Ethereum was 0.001 ETH. These are still minimal, so our verdict is, Sportsbet.io is one of the best betting sites in Canada in terms of affordability. Curious about the maximum bet limit? There’s none.

Sportsbet.io App

Sportsbet.io Canada features a mobile app, but it’s only available for Android. However, the mobile site runs smoothly on Safari, and we encountered no issues during our review. The Android app isn’t available on the Google Play Store and can only be downloaded from the official website.

Drawing from our first-hand experience, the Sportsbet.io mobile user experience is impressive. There’s a top tab, which features Sports, eSports, and Casino, making it easy to switch between each page with one tap:

sportsbet.io mobile preview

Another notable feature of the mobile interface is the bottom menu with Betslip and Club Talk buttons. With this add-on, sports bettors can easily access picks and join discussions:

sportsbet.io mobile sportsbook

Switching to the casino on mobile, we were impressed with how the games were displayed. The covers highlighted the developers, and it was easy to favorite titles using the Star icon:

sportsbet.io casino on mobile

Overall, we rate Sportsbet.io’s mobile compatibility highly. The only drawback is that there’s no iOS app to install. For players looking for more, we have a detailed guide on the best sports betting in Canada to check out. 

Responsible Gaming

So far, we’ve had high praise for Sportsbet.io Canada. However, this section is different. Responsible gambling is an important area where the platform has room for improvement. During our review, we found the site only offers cooling-off periods from 24 hours to 6 months and self-exclusion for over 6 months. Both require manual requests via email to safergaming@Sportsbet.io.io.

There are no built-in tools to set deposit, bet, or loss limits. Based on our experience, it’s a significant drawback for Canadian bettors and players looking for comprehensive responsible gaming features. All the same, we commend the fact that there’s a separate email for responsible gambling issues at Sportsbet.io. It shows that the requests are handled separately from regular inquiries.

Customer Support

Chat Yes
Email hello@sportsbet.io.io
Phone -
Opening hours 7 Days a week, 24/7

Reaching out to Sportsbet.io's customer support was a breeze. We used the Live Chat button on the website and connected to a real agent in under 10 seconds. The chat was excellent, thanks to how fast the agent responded. There were a few delays in verifying information, but it never took more than two minutes.

For users who prefer traditional options, Sportsbet.io Canada supports email. Players can use the Email Us form on the website or send a message directly to hello@Sportsbet.io.io. When we tested the channel, we received a response in about 40 minutes, which is reasonable.

Besides live chat and email, Sportsbet.io offers a detailed Help Center. This section is highly informative, covering critical topics like getting started, sportsbook features, placing bets, payments, and using cryptocurrencies. The guides are clear, too, so everything is easy to follow.

Overall Score

Bonus 6
Customer support 8
Payment methods 7
Licensing safety 8
Design & usability 9
Overall 8
Reviewed by Ijeoma Esther

To conclude this review, we highly recommend Sportsbet.io to crypto gamblers in Canada. The Curaçao Gaming Control Board license and partnerships with well-known teams like Newcastle United and Southampton FC highlight Sportsbet.io’s credibility. While the platform has its pros and cons, the latter outweighs the former.

We can point out the variety of sports betting markets, with competitive odds that range from low to medium margins. Also, the casino section is impressive, with 6,500+ games from leading providers. Sportsbet.io Canada scores high points in terms of payouts. There’s no support for CAD since the platform is exclusive to crypto. However, users can still buy coins directly, and deposits and withdrawals are notably fast.

The absence of a standard welcome bonus may put off some punters. Nevertheless, the regular promotions and VIP Clubhouse offer generous rewards and special perks. In our opinion, the key drawback is the lack of many responsible gambling tools. So, we recommend Canadians who join this site set their own limits in terms of deposits, wagers, and losses. Besides that, Sportsbet.io ticks all the right boxes expected from a quality online casino and sportsbook.

Ijeoma Esther

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