How to fund your online sportsbook account

Canadian MMA and UFC bettors fortunately have a wide variety of deposit options to fund their online sportsbook.  Like any online transaction, you are trusting the company with your money and in some cases your financial details.  That is why it’s important to choose a reputable, secure and safe sportsbook such as Sports Interaction.

Some deposit methods such as VISA and Mastercard are well known brands, while others have brand names that you don’t recognize but are safe alternatives to transfer funds.  We’ve provided an overview of our favourite safe and secure methods.

Credit card (Mastercard, Visa)

  • Credit cards are the main deposit option for most bettors. In Canada it can be common for some banks to restrict their credit cards from being used at an online sportsbook.  So if your credit card is declined, it’s not the Sportsbook, but rather your bank.  All you can do is try a different card, or one of the other methods listed below.  Even though some banks restrict gambling transactions, credit cards still account for about half of all deposits at online sportsbooks.


  • iDebit is described as connecting consumers to their online banking directly from checkout.  You don’t need to create an account, but you can create one if you will be completing future payments.  No banking details are shared with the online sportsbook, and you will have access to funds immediately.


  • Instadebit is like paying with a cheque online.  Unlike the eCheck option below where you directly provide the sportsbook with your banking information, you create an account with Instadebit.  When selecting Instadebit you will be redirected to their site to finish your transaction.  If you have concerns about providing banking details to the online sportsbook (which you shouldn’t if you pick a good one), this is a method for you.


  • Popular deposit method that allows you to directly deposit funds from your checking or savings account to the online sportsbook.  You will need information such as account number, Bank number and transit number which can be found on a cheque.  Funds are typically available immediately, however it may take 7-10 days to be deducted from your bank account, as such you cannot withdraw until the sportsbook has your funds.

Funding your sportsbook conclusion

  • Picking a reputable and safe online sportsbook is the most important step in this process.  You should never have concerns about your money when betting online, and you won’t if you use our trusted and recommended sportsbook, Sports Interaction.