Interac Betting Sites: Sportsbooks that Accept Interac

Interac is one of the most popular payment methods in Canada, with people able to use it at more than half a million merchant locations across the country. In this guide, we’ll explore everything you need to know about Interac betting sites, from the top options to how betting with Interac works. Ready? Let’s dive in!

Top Sportsbooks That Accept Interac

Many sports betting sites currently offer Interac as a payment method. Interac facilitates numerous types of financial transactions including Direct Payment (IDP), cash withdrawals, e-Transfers and online payments. 

The Interac e-Transfer system allows customers to send money to any individual who has an email address and bank account in Canada. It is highly secure and fast, which is why there are so many betting sites with Interac enabled.  

The impartial experts at BettingTop10 have saved you time and effort by taking a closer look at Interac as a payment method for gambling.

Best Interac Betting Sites

SportsbookIs Interac Accepted?Best for
BetovoPayment Options
Hot.BetEsports Betting
SupabetBet Boosts
10betExciting Features
TonyBetAndroid App
SpinoliPlayer Props
BetOspinWebsite Design
BetwayMobile Experience
RoyalGameLive Betting
CashedBetting Tournaments

Each of the above sportsbooks is known for its excellent offerings that separate them from the pack. Below, we’ll take a quick look at what makes each of these operators rank among the top Interac betting sites.

Betovo

Betovo

Betovo is a premier sportsbook that is taking the Canadian market by storm. It is known for its stylish website, which immediately draws users in. Betovo stands out in several key ways. It has a huge number of payment options available, including Interac and cryptocurrency.

It Is considered a top betting site, but there are drawbacks. Betovo lacks a top-notch mobile experience and could more prominently display its licensing info. But still, I’ve found Betovo to be well worth bettors’ time.

100% Up To $375

Hot.Bet

Hot.Bet

Hot.Bet is a dynamic operator that has managed to attract a large number of Canadian users. It has all the primary ingredients bettors tend to look for, including great coverage and markets.

They have a dedicated Esports betting page where gamblers can browse a massive number of ongoing events in this category, and their live betting page is similarly great. Hot.Bet is another operators that would benefit from enhancing their mobile offering. I have still found this to be a sportsbook that delivers the goods.

100% Up To C$300 Welcome Bonus

Supabet

Supabet

Supabet is one of many operators that accepts Interac as a primary deposit and withdrawal option. That aspect of the website may be what draws users in, but there is much more to be found here.

Supabet is known for its wide range of bonus offers that can help kickstart bettors’ earnings, including a great bet boost feature that pays out for parlays. The website could use a little bit of cleaning up, but overall, gamblers will find that the experience on Supabet is organized, top-notch, and filled with depth.

100% Up To $150

10Bet

10bet

10Bet is a comprehensive sports betting site that has enabled Interac transactions, as well as a range of other payment options that are completed at high-speed. 10Bet has an intuitive layout, massive collection of markets, and top-notch features that make it one of the premier options on the market.

It has features like virtual sports, live betting, and a mobile app, so there’s a lot to love here. 10Bet could improve by adding player props and reducing the wagering requirements on their welcome offer.

125% Up To C$250 + C$10 Free Bet

TonyBet

tonybet

TonyBet is a sportsbook that is now well established amongst Canadian users. It has a lot going for it, including a stylish website that is extremely easy to navigate.

TonyBet has acquired a license in Ontario, which is a big selling point for users in the province, and it has a world-class Android App that can be downloaded from the Google Play Store. If there’s any area for TonyBet to improve, they could stand to diversify their features. But regardless, this a great website for Interac betting.

100% Up To $350

Spinoli

Spinoli

Spinoli is an Interac betting site that has it all. It is a great website that I have thoroughly enjoyed my experience with. Spinoli includes a massive sportsbook that covers a broad range of different events.

One thing that really stands out is their player prop collection, as they have a vast number of prop betting options for Canadian bettors. Spinoli’s mobile experience may not be as dynamic as others, without the downloadable app, but bettors will still enjoy wagering with Interac here.

100% Up to C$375 + 100 Free Spins

BetOspin

betospin

BetOspin is a sports betting site that comes complete with many of the primary features gamblers seek out. For starters, they have plenty of payment options for gamblers to pick from, which includes things like cryptocurrency, and, of course, Interac.

They also have an immaculately designed website and virtual sports betting options to enjoy. They could benefit from making the licensing info on their website more visible, but, other than that, no complaints here! BetOspin stands out as a class option for gamblers to enjoy.

Premium 125% Sports Bonus up to C$5,000 + 20% Free Bet

Betway

betway

Betway is a world-renowned sports betting site that has existed for well over a decade and has managed to carve out a foothold in markets around the world. They stand out for their unparalleled user experience. It is easy to see why Betway is so successful.

Their website design, mobile apps, markets, and additional features are all at the highest of levels, which means gamblers will find limitless ways to enjoy themselves. Betway could stand to add some more payment options, but with Interac, most bettors will be satisfied.

Up To $200 If Your First Bet Loses + 50 Bonus Spins

RoyalGame

Royal Game

RoyalGame is a massive online betting site that offers bettors Interac wagering options. It is hard to deny the appeal of this sportsbook. It has a fantastic website design with a gorgeous color scheme and great graphics.

Their live betting page ranks amongst the best in the world, as they have a huge collection of games that are being played in real-time for gamblers to wager on. RoyalGame does not yet have an Ontario license, so it is harder for them to acquire a Canadian mobile app, but hopefully this changes in the future. Overall, they bring the goods.

100% Up To $150

Cashed

Cashed

Cashed is a digital sports betting website that has managed to become wildly popular amongst Canadians. There is a lot to love about this digital sportsbook. Their website is stylish and easy-to-use, and they have massive coverage of sports played around the world.

One thing that makes them stand out is their betting tournaments, where gamblers can win massive cash prizes by wagering on major sports events like the Masters. Cashed could improve by more prominently displaying license info and adding some player props. But this is still a top-end Interac sportsbook.

Cashed 100% Up To €500 + 200 FS

Is Interac Safe for Betting?

Bettors should always put their safety first. If you are interested in wagering on Interac sportsbooks, you should make very sure that Interac is safe and secure. Luckily for gamblers, this is certainly the case. 

Interac is one of the most popular methods of paying for things across the nation, with millions of users. As a massive corporate company with a huge user base, Interac understands how important security is. They have top-of-the-line cybersecurity to protect users’ money and data, and they are supported by the biggest banks in the country.  

With Interac being so established and secure, you can feel comfortable that betting with Interac is similarly reliable. Betting sites that accept Interac benefit from the top-notch security the payment platform provides, and gamblers similarly benefit. They can experience fast, secure, reliable payments on one of the world’s top digital funds transfer services.

Pros and Cons of Interac Betting

As with any payment method there are pros and cons attached when it comes to using them for betting purposes. For Interac, these are as follows:

Pros
Cons
  • Interac is accepted by the majority of online gambling operators in Canada.
  • Transactions occur online and in real-time meaning deposits hit your betting account almost immediately.
  • Each transaction must be approved by your financial institution, allowing you to keep full control of your spending.
  • Chip pin technology on Interac debit cards offers users an increased level of security.
  • Interac e-Transfers allow you to keep your payment details completely safe and secure.
  • Minimal fees are applied to Interac and are much smaller than many other payment methods.
  • A handful of online gambling operators in Canada are yet to offer the option of making Interac e-Transfers on their sites.
  • Some betting sites have restrictive limits for deposits and withdrawals via Interac.

How to Deposit Funds using Interac

Each gambling operator has their own process for depositing funds into your betting account. However, as a general rule-of-thumb most will require you to follow these steps.

  1. Enter your username and password to login to your chosen betting site.
  2. Click the ‘My Account’ section.
  3. Search for the ‘Deposit’ link to access the different payment options.
  4. Choose ‘Interac’ to start the process.
  5. Enter the amount you wish to deposit along with any other requested details.
  6. If you are making an e-Transfer, you will be asked to login to your banking platform.
  7. Enter the requested information and click ‘Confirm’.
  8. If you have sufficient funds, your deposit will be confirmed and you can start betting.

How to Withdraw Funds using Interac

Much like making deposits, each gambling operator will have their own unique process for facilitating withdrawals. Most will be along similar lines to the following:

  1. Enter your username and password to login to your chosen betting site.
  2. Click the ‘My Account’ section.
  3. Search for the ‘Deposit’ link to access the different payment options.
  4. Choose ‘Interac’ and enter the amount you wish to withdraw.
  5. Enter any other requested information and click ‘Confirm’.
  6. Your withdrawal will be actioned in line with the stated processing times on the site.

How Does Interac Stack Up Against Other Top Payment Options

Interac is a premier payment method, but it is far from the only great option on the market. Below, let’s look at how Interac compares to some of the other top options that can be used on sports betting sites for Canadians.

Payment MethodTransaction SpeedMin. DepositMax. DepositAvailability
InteracModerateLow (depends on sportsbook)Moderate (depends on sportsbook)Available Everywhere
Visa/MasterCardModerateLow (depends on sportsbook)High (depends on sportsbook)Available Everywhere
CryptocurrencyFastHigh (depends on sportsbook)High (depends on sportsbook)Available Everywhere
E-WalletsFastHigh (depends on sportsbook)High (depends on sportsbook)Available Everywhere

Avoiding Common Issues with Interac Betting

There are some issues that can crop up when using Interac for your sports betting experience. We are here to help gamblers avoid these pitfalls, and ensure they have the best possible experience on Interac sportsbooks.

Below, we’ll identify some common issues with Interac betting, and how you can avoid these potential pitfalls.  

  • Security Risks: Security risks can crop up no matter what payment method you use. To avoid these risks, make sure to check that your sportsbook is licensed and reliable before Interac betting.
  • Restrictions on Bonuses: There may be some sportsbooks that have restrictions on bonuses for Interac bettors. These are few and far between. Check the terms and conditions of every bonus before you bet to avoid this issue.
  • Identification Requirements: Numerous operators required ID verification before bettors can withdraw. If you want to withdraw using Interac, double-check that the sportsbook doesn’t require verification, and if they do, go through the process.
  • Lack of Bankroll Management: Many gamblers can lose track of how much they’re spending when using Interac. Don’t make this mistake. Be cautious and cognizant of your spending and keep track of every dollar.
  • Transaction Limitations: There are limitations on how much bettors can deposit for each payment method. Check before you deposit to see how much the Interac limitations are on the specific sportsbook you use.

Frequently Asked Questions

The Interac website lists nearly 100 financial institutions that currently support betting transactions via this method.

No, providing you possess one of the supported payment methods from your banking service provider there is no requirement to open an account with Interac.

Some operators charge a small fee for using Interac. Details of these will be listed on the respective betting sites.

Providing you have sufficient funds in your bank account, your deposit will be credited to your betting account almost immediately.

Each site has its own set of rules, but most withdrawals are completed within 3-4 working days.

Cameron is a 2020 graduate from the University of Southern California’s Journalism program. He is an avid sports fan and bettor, whose favourite teams include the Toronto Raptors, and the Chicago Bears. Cameron has been writing about and following sports since the age of 10, when he first fell in love with the NFL and NBA.