Because of its convenience, safety, and low costs, Interac is Ontarians’ favorite option for moving money online. People use it to send money to friends or pay for goods and services all over Canada.
As such, Interac e-transfer represents a perfect match for Ontario sports betting aficionados. It’s fast, convenient, and widely accepted among the top operators in the region.
For all sports fans who want to fund their online sportsbook accounts via this highly popular method, we have compiled a list of Ontario’s best online sportsbooks that accept Interac. In doing so, we will pay attention to all important parameters that separate elite operators from competitors, including the range of sports and markets on the menu, the quality of their apps, welcome bonuses, and more.
Top 3 Interac Sportsbooks in Ontario
BetRivers Sportsbook Ontario
BetRivers is one of the most popular American sports betting operators owned by US company Rush Street Interactive. It has everything a top-tier sportsbook should have, from a wide range of leagues and markets on the menu to a strong in-play department with a live streaming service and a “Buy Out” (commonly known as cash out) feature.
The value of the odds varies based on several factors, including sports, leagues, and event time. We have noticed that the margins for the odds suit bettors are higher the closer we get to the start of a certain event in the top four North American professional leagues. Similarly, the odds for the Premier League match-winner markets come in with 2%-3% margins, unlike the other European leagues or MLS, where they are usually at around 5%.
On top of Interac, BetRivers Sportsbook Ontario supports Visa, Mastercard, and PayPal as banking options. Our Interac transactions went smoothly at BetRivers Ontario. Deposits landed immediately, while the withdrawal cash hit our bank account in around 30 minutes. While this is the usual payout speed, it is important to note that withdrawals can sometimes take up to 1-3 business days to be processed.
- Great variety of sports betting markets
- Quality odds on popular sporting events
- Place in-play bets with ease
BetMGM Sportsbook Ontario
BetMGM was one of the inaugural sports betting companies to join the newly emerged Ontarian market in April 2022. They quickly became one of the major players in the region on the back of the prompt partnerships with the NHL and The Hockey News (one of the most popular Canadian sports magazines).
Competitive odds, sleek website design, modern app, and bountiful features put BetMGM Sportsbook Ontario very high on the list of the best sports betting sites in Ontario. Users particularly like the accessibility of live streaming service (available on a drop-down menu) and special features like “Edit My Bet” or “Easy Parlay.” The former allows bettors to change their running parlays in addition to the early cash-out option. The “Easy Parlay” feature permits quick navigation through the list of upcoming events with three main markets highlighted.
It is great to have Interac among the available payment options at BetMGM, alongside Visa, Mastercard, Apple Pay, and PayPal. The minimum deposit is $10, while the amount for the maximum withdrawal varies depending on the financial institution associated with your Interac account. The maximum for a single transaction is $10,000.
- Bet with one of the leading bookmakers in North America
- The greatest variety of sports betting markets
- Top-tier BetMGM Sportsbook app
DraftKings Sportsbook Ontario
Known for its daily fantasy sports platform, DraftKings expanded its betting empire to include some of North America’s most reputable sportsbooks and casino apps. In search of a special betting experience, Ontarians massively flocked to DraftKings Sportsbook as soon as it went live in the region. Most US-based TV sports channels Canadians consume advertise DraftKings, so you should not be surprised by the operator’s enormous popularity here.
Indeed, DraftKings Sportsbook Ontario stands out in many ways, two in particular. You will hardly find a better variety of betting options on any other sports betting app in Ontario. The range of markets is beyond extensive, even outside of the most popular leagues. For example, bettors can place wagers on a 12-way winning margin in a WNBA game or team with the highest-scoring inning in the MLB All-Star game. One of the best in-play sections in the industry and a tremendous array of futures markets make the experience even better.
DraftKings Ontario also enriches its users’ experience via bountiful unique features like StatsHub, micro-betting, or betting carousel options. Finally, DraftKings accepts all major banking methods available to Canadians, including Visa, Mastercard, Interac, and PayPal. There are no fees for any transaction between Interac and the sportsbook. However, your bank or credit union may charge a dollar as compensation for facilitating the online transfer, which is a very small price to pay for such an excellent service.
- One of the best betting apps for Android & iOS
- Bet on all popular sports & competitions
- Get the best odds around