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When Canadian bettors bet online on sports, they usually use prematch bets. It is the most popular type of gambling at TonyBet, so it's worth learning a thing or two about it. Let's start with the basics – what is sports betting, and why do so many players opt for prematch game wagering?

What Is Sports Betting?

Sports betting, particularly prematch betting, are wagers placed on events before they start. For example, if Team A plays against Team B on Sunday, you can bet online on Friday on Team A to win.

One of the main advantages of this type of sports betting is that the odds don't fluctuate much. Usually, there is a noticeable change only when an incident happens that lowers the team's chances of winning, like an injury of the player before the start of the game. 

As lines don't fluctuate that much, you can do your research and read our statistics to decide which wager you'd like to place. You can bet on a single game or create a multi-bet. With our bet slip, it only takes a few seconds.

Is TonyBet Online Sportsbook Legal in Canada?

TonyBet is an international bookmaker that operates legally in Canada. We have acquired licenses for sports betting from Kahnawake Gaming Commission and Estonia Tax and Customs Board, proving our legitimacy, following all local betting laws, and accepting players from all provinces. Canadians can enjoy the best sports betting experience here at TonyBet sportsbook.

How to Bet on Sports Online?

The first thing you need to do is to create an account with us. It's an effortless process that involves entering your name, age, address, and password in the registration form. 

TonyBet sportsbook has many banking options that work in Canada, and we will discuss them in detail in a different section. Once you top up your account, it's time to set a budget and place your bets. 

Scour through the lines and find sports that appeal to you the most. Add your pick to the bet slip, enter the amount you want to wager and confirm your bet online. All you must do now is wait till the sports game ends to see the outcomes of your bet.

How Does Our Online Sportsbook Work?

Canadian players can legally and safely register on our website and wager on sports. We have all the major sports events, including a long list of professional tournaments. We also accept bets on online sports and have an extensive live sports betting section.

What Sports Do Canadian Bettors Bet on the Most?

Canadians love to back their favourite teams and players. Many sports get their share of fans from Canada. Locals like to place games lottery bets from time to time. Here, we have highlighted those sports that top the betting charts at TonyBet sportsbook:

1. Baseball. The Blue Jays is a pro team from Toronto that keeps getting more Canadian fans, so naturally, they love to bet online on it. As we’ve noticed, punters often place money-line, over/under, and run-line bets on baseball.

2. Basketball. The Raptors are hugely responsible for popularizing basketball in Canada. And recently, more and more Canadian basketball players have joined the NBA. So, the number of people betting on this sport on our online sportsbook has proliferated.

3. Boxing. Big fights gather massive crowds at TonyBet sportsbook, making boxing a mainstream sport for Canadians.

4. Cricket. The most popular cricket tournament is the Indian Premier League, but the Cricket World Cup also gathers quite an audience. We follow the demand and offer competitive odds for these significant cricket tournaments.

5. Football. The NFL and the Canadian Football League are two famous tournaments in Canada. Football is also an excellent option for fun sports interaction because it has various bet types.

6. Golf. This isn't the most viewed sport, but thousands of Canadians watch its four-day tournaments. 

7. Hockey. This is one of the most popular sports in Canada, so unsurprisingly, punters love to bet online on its matches.

8. Horse racing. Canada has a few racecourses, but most locals prefer international tournaments, like the Kentucky Derby. Our online sportsbook is happy to meet the demand and supply our bettors with many betting markets.

9. Tennis. Canada has many young talented tennis players, which explains the great interest in this sport. We also have some of the best odds for tennis matches.

What Is a Risk-Free Bet?

A risk-free bet is an offer that the best sportsbooks provide to make sports betting more enjoyable. It's also known as bet insurance or no-sweat bet, where you get a refund for your initial bet if you lose. However, your winnings have a certain cap, so we recommend reading the T&C before using this feature.

Are Sports Betting Apps Safe?

It is challenging to guarantee the safety of every app, but we can assure ours is 100% safe. We use SSL encryption to secure all deposit and withdrawal options and implement other methods to protect personal information. Two licenses are our stamp of approval, just like hundreds of positive reviews.

We adhere to the strictest Canadian security requirements, making our app safe and legal to bet online. To download our app, click "Mobile App" in the upper left corner and follow the instructions to download. The app works optimally well on Android and iOS devices.

Our online sportsbook also has a web app you can open on your PC. It is perfect for players who want to avoid installing the mobile app. The web app has the same features as the desktop website and the mobile app. Our bettors only need one TonyBet sportsbook account to sign in to all our versions.

How to Withdraw Money Online From Tonybet Sportsbook?

We at TonyBet sportsbook have employed various payment methods that operate in Canada. The most popular ones are Neteller, Interac, and ecoPayz, but we also offer Visa and Mastercard, Skrill, Perfect Money, and Jeton. The three cryptocurrencies we accept are Bitcoin, Litecoin, and Tether.

Why Is TonyBet the Best Sports Betting Site?

TonyBet online sportsbook has earned a flawless reputation amongst prominent online bookmakers in Canada. We offer dozens of sports to bet online and hundreds of daily live betting games. Add great bonuses for new and returning players, 24/7 professional customer support, and high-quality casino games to the mix, and you'll know why our sportsbook is so popular.

Our inclusive platform accepts Canadians from all provinces and on different budgets. Our minimum deposit limit is relatively low, yet you have the chance to win when you bet online, even with a small amount. We also accommodate multiple payment modes, from traditional credit cards to cryptocurrencies.

What Types of Betting Odds Are Available in Our Online Sportsbook?

TonyBet sportsbook offers six odds types, including rare options like Indonesian, Hong Kong, and Malaysian. Still, most Canadians prefer one of these three options:

• Decimal.

• Fraction.

• American.

The most popular option is decimal odds due to their ease of reading. The underdog has the highest number, so the favoured team has minimum odds. For example, if the odds for Team A are 1.80 and Team B are 2.25, the winning probability of Team A is higher. Backing Team B is riskier, but your profits will be higher if they win.

What Are the Current Online Sportsbook Promos?

TonyBet sportsbook has lots of promotions for Canadian bettors. And we profess without false modesty that our bonuses are some of the biggest in Canada. So, let's have a look at them:

1. First Deposit Bonus. Sign up and deposit at least 15 CAD for a 100% bonus of up to 350 CAD. 

2. Forecast. Use one of our deposit options to deposit at least 30 CAD in five days to place a forecast. The goal is to get the proper outcomes of ten matches to receive 1,500 CAD. Did you get nine outcomes correctly? Incredible, you'll get 150 CAD. And if you could guess eight results, you'll get 80 CAD.

3. Odds Boost. Combo bets at TonyBet sportsbook let you get your odds boosted by up to 100%. Build a multi-bet of at least three events with odds of 1.2 or more. Activate your booster. If your bet wins, we'll multiply your winnings.

On top of these three great deals, our online sportsbook features a VIP program with a bettor tournament with a prize pot of up to 8,000 CAD every month. We are also an online casino with over 70 gaming operators and hundreds of gaming options. 

Do I Have to Pay Taxes on My Winnings?