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B-

Coolbet Ontario Review

Last Updated 04/04/22
country-not-accepted-icon USA US Sports Bettors Not Accepted
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Mobile Betting, Sportsbook App, and Promo Code Polygon icons
Pros
  • Award-winning mobile sports platform.
  • Favorable in-house odds on most markets.
Biggest Complaint
  • Lackluster design elements.
  • Low limits on less popular markets like NASCAR.

Bonuses

Coolbet Welcome Bonus and Promo Codes for Ontario
Due to unique regulations set by the Alcohol and Gaming Commission of Ontario, only online sportsbook providers are allowed to promote new user bonuses, odds boosts, and other promotions. In other markets, Coolbet is typically around the industry average when it comes to bonuses.

For current promotions, visit Coolbet Ontario or chat with the experienced sports betting community on our Forum.

Summary

Coolbet launched in Ontario, Canada, on April 4th, 2022, as one of the first iGaming operators licensed and regulated by the Alcohol and Gaming Commission of Ontario, iGaming Ontario, and the Responsible Gambling Council.

Coolbet has been offered in provinces throughout Canada under regulation from foreign bodies like the Malta Gaming Authority. Their move to Ontario’s online legal sports betting market is ideal for bettors. They will now be bound by local regulations, creating a safer and more consistent product.

Coolbet is owned by GAN Limited, a publicly-traded (NASDAQ: GAN) global online gaming platform with extensive experience. GAN has worked with international brands for 20 years offering business-to-business services. 

They were behind FanDuel’s early push into the regulated gaming markets in the U.S. in 2018 when the sportsbook launched in New Jersey. They’ve also worked closely with other notable gaming operators such as Penn National Gaming (theScore bet and Barstool Sportsbook parent), Wynn Resorts, and more.

Coolbet Mobile Betting in Ontario
With solid backing from GAN, Coolbet offers an extensive market of betting options, online poker, and casino. In addition to the basic online betting amenities, Coolbet features unique interactive features such as an incoming bets feed, winners feed, and regionally-focused betting leaderboard. These tools give you direct insight into live activity from other bettors and see how you’re performing compared to other players at Coolbet.

Does Coolbet Have a Sportsbook App?
Coolbet offers a poker app in some regions but does not currently have an iOS or Android app for the sportsbook at this time. However, they have won several awards for their mobile-optimized betting products. GAN was also recognized by EGR Global (eGaming Review) as the leading full-service platform provider in 2021 and Social Gaming Operator of the Year by SBC North America (Sports Betting Communities).

Coolbet Reputation
Overall, Coolbet hasn’t reached the level of popularity that some industry leaders like FanDuel and PointsBet may have, but they are worth checking out as long as you can get past their polar bear theme. They boast some of the most favorable lines in Canada.

Banking

Currencies Accepted

CAD USD

Methods of Deposit

visa-cashier-1
Min: N/A
Max: N/A
Fee: Free
Mastercard-logo 5(1)
Min: N/A
Max: N/A
Fee: Free
interac-42×42
Min: N/A
Max: N/A
Fee: Free
neosurf-cashier-1
Min: N/A
Max: N/A
Fee: Free

Methods of Withdrawal

visa-cashier-1
Fee: Free
mastercard-cashier-1
Fee: Free
interac-42×42
Fee: Free

Coolbet Ontario Review
B- Last Updated
04/04/22