Coolbet Sportsbook Ontario Update
Launched in 2016, Coolbet is a relatively new online gambling site. They originally targeted European and Scandinavian markets, but have quickly become quite popular in Canada as well. From April 4th they’ll be one of the first Ontario sports betting sites starting their commercial Ontario operations under license from the Alcohol and Gaming Commission of Ontario (AGCO).
Coolbet’s award-winning sports betting and casino platform, which many Canadians have already fallen in love with, will not change substantially. That’s good news!
Coolbet Sportsbook Review
Coolbet used to operate under the license of MGA (Malta Gaming Authority), one of the strictest iGaming licensors in the world. Therefore, the transition to Ontario’s legalized market will hardly change things for coolbettors.
Coolbet has never offered the biggest bonuses or other perks on the market. Above all, the competitive advantage has been an excellent platform for sports betting combined with high odds, both on desktop and on mobile. The same seems to continue in Ontario
One thing worth noting is that Coolbet will no longer be offering Poker in Ontario. This is because the new license doesn’t allow players to compete with anyone located outside of Ontario. Coolbet Ontario casino, on the other hand, remains the same.
|🎫 Coolbet Ontario Bonus Code||None Needed - Use our link|
|🎁 Welcome Bonus||TBA|
|💱 Wagering Requirements||TBA|
|✔️ Regulated By||Ontario Gaming Commission|
|📱 Coolbet App Ontario||Android & iOS|
|💲 Minimum Deposit||C$10|
|⌚️ Withdrawal Time||Depends on the payment method|
|📅 Launch Date||April 4th|
Coolbet Ontario Betting App
Mobile betting is getting more and more popular in Canada. Coolbet meets this demand with its excellent mobile-optimized website. They have won numerous awards for the best mobile sports betting product, which says a lot.
You will be totally fine by just browsing their website with your mobile device, logging in, and selecting your bets on sports and markets same as on your desktop. However, Coolbet also offers a mobile app. If you place most of your bets on mobile, Coolbet or theScore Bet is the best choice in Ontario sports betting market.
Pros & Cons of the App
Coolbet betting app is available for most operating systems and devices, including iPhone and Android. All the same familiar features from the Coolbet mobile app like top betting markets live betting, banking, and even customer service are available. This applies to both sports betting and the Coolbet Casino Ontario.
Downloading Coolbet Ontario Sportsbook App couldn’t be easier. Just follow these steps:
- Sign up a new Coolbet account
- Go to your native app store (Android, iOS)
- Search for Coolbet and install the app on your device
- Log in and start placing bets!
How to Verify Your Coolbet Account
Before you can place a bet at Coolbet, you’ll be asked to verify your new account. It’s based on regulations set out by the AGCO. It means verifying your address and ID using a form of Government ID and/or submitting additional documents such as a driver’s license and a utility bill or bank statement.
Verifying your ID/Account is a straightforward process and only needs to be done once. You can do it in Coolbet’s easy-to-use verification portal. All other new Ontario licensed bookmakers, such as LeoVegas, and Royal Panda, follow the same policy.
Sports Markets Offered by Coolbet Ontario
Coolbet caters well to the Canadian sports betting market. The main focus of the offer, like all bookmakers, is on big sports and leagues like the NHL, NFL, NBA, and MLB. However, there are also a huge number of smaller leagues and sports from both North America and worldwide.
Ontario’s new gambling law reform will also open up a better market for single bets for Canadians. So whether you like singles or multi-legged parlays, Coolbet’s got you covered. You can combine selections the way you want and go after either a more secure win with a single bet or a big pot parlay.
Coolbet Sportsbook Odds
Coolbet has become known not only for its wide range of sports betting markets but also for its high odds. It’s good news for Ontario bettors.
However, competition among bookies in Ontario’s new regulated market will be fierce, and we always recommend comparing the odds, especially if you place multiple bets each week. Shopping for the best odds has a significant impact on the final results in the long run.
Betting Options / Bet Types
- Point Spread Bets
- Over / Unders
- Prop Bets
- In Game Betting
A significant change in Canadian sports betting is the possibility to place also wagers on single games and single sporting events. The most popular single game markets include money line, the point spread, and over/under bets. Coolbet allows you to place any of the wagers as a single bet.
Parlays are, of course, going nowhere either. Canadians love parlay bets, and Coolbet knows that. You can combine single bets into the parlays of your choice. If you select enough items, you can even get an odds boost for your parlay.
Coolbet also offers a comprehensive live in-game betting market. The live betting lobby is usually packed with different markets and betting lines. So it doesn’t matter if you miss the start of a Senators or Raptors match or just want more excitement in the middle of a match.
Promotions & Loyalty Program
As mentioned earlier, Coolbet is not the site with the biggest and most spectacular bonuses and promotions. However, they still offer many valuable perks to their customers. Coolbet is well-known to give, for example, risk-free bets, cash prize competitions, and free bets on major sporting events.
Coolbet doesn’t have a specific loyalty program. This is a small shortcoming compared to, for example, an excellent M Life Rewards loyalty scheme at BetMGM Sportsbook.
- Visa/Mastercard credit cards
- Online Banking
- Interac Online
- Visa Gift Card
Coolbet supports banking in CAD and offers all the popular Canadian banking methods. The most popular ways to fund a Coolbet account are credit cards Visa and Mastercard. You can also use other convenient payment methods such as Interac, PayPal, or Paysafecard.
Most of the deposits at Coolbet are instant. Coolbet has also received praise for quick withdrawals. Most requests are processed within hours.
You can reach Coolbet’s friendly support team via various communication channels. The fastest way is their Live Chat feature. However, for less urgent or complicated matters, we recommend using email.
Coolbet also has a comprehensive FAQ section where you can find answers to most questions quickly and easily. FAQ section is available on both Coolbet’s website and mobile app.
Coolbet might not be the most famous sports betting site in Canada, at least not yet. However, they have made their mark in Europe, and the site’s popularity will probably continue to grow in Ontario as well.
Superb usability, an excellent selection of betting markets, and many advanced features make Coolbet worth a visit for Ontario gamblers. Especially if you value effortless mobile betting, we recommend checking out this first-class sports betting site.
Coolbet Ontario Sportsbook FAQ
- Is Coolbet Ontario sportsbook legit?
Absolutely! Coolbet has the iGaming Ontario license issued by the Alcohol and Gaming Commission of Ontario (AGCO). It makes Coolbet legit in the regulated Ontario online gambling market.
- How can I deposit money to Coolbet?
Coolbet supports several online payment methods in Canada. Visa, Mastercard, and Interac are some of those options that are popular among Canadians.
- Is there a Coolbet Sportsbook Ontario app?
Yes, there is. You can download the Coolbet mobile app, which includes almost all the capabilities of the original desktop site.