Coolbet sportsbook review for 2024

  • Licensed by AGCO
  • Award-winning mobile site
  • 24/7 customer support
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100% PAYOUT - 1-3 working days
  • Licensed by AGCO
  • Award-winning mobile site
  • 24/7 customer support
Customer support 24/7 live chat, email, FAQs
Play on PC, Android, iOS
Licensed by
  • Malta Gaming Authority
  • Alcohol and Gaming Commission of Ontario
Jump to
What this sportsbook offers
Site Coolbet
No. of sports 31
Sports available Hockey, soccer, football, basketball, baseball, horse racing, golf, F1
Markets 100+
Device compatibility PC, Android, iOS
Payout speed 1-3 working days

Our verdict

Overall, there's a lot to like about Coolbet Canada. The online sportsbook prides itself on its transparency, and you can rest assured your money's safe here. The site is well designed, easy to navigate and offers decent odds. Another thing that stood out for us was the seamless mobile experience. Saying that, we would have liked to have seen a mobile app given most of the top sportsbooks today offer this.

Something else that could be improved upon is the range of promotions, particularly the addition of a VIP or loyalty program. There's also no live streaming option, but Coolbet does offer extensive in-play features. Learn more in our full Coolbet review.

  • Licensed by AGCO
  • Fast withdrawals
  • 24/7 customer support
  • Award-winning mobile site
  • Great coverage of international sports
  • No VIP/loyalty program
  • Live streaming not available

Coolbet bonuses & promotions


You won't find many ongoing promotions at Coolbet Canada, but there are a few available. Here's a look at our favourites:

  • Welcome bonus

    Welcome bonus

    • 100% welcome deposit bonus up to C$200
    • Minimum deposit of C$10
    • Bonus comes with a 6x wagering requirement (very low for industry standards) and minimum American odds of -200 (or 1.50 decimal)
    • Wagering requirement must be met within 30 days before you can withdraw bonus funds
    • A Coolbet bonus code is required
  • Other promos

    Other promos

    • Champions League quiz: players can win C$15 free live bet credits for answering questions based on specific Champions League matches
    • Coolbet has other limited promotions for esports and bet building. Exact details subject to change so make sure to check the site for the latest info
  • VIP/Loyalty scheme

    VIP/Loyalty scheme

    • There is currently no VIP or loyalty rewards program for players

Coolbet sports betting options


Coolbet stands out for its broad range of sports. There are currently 31 sports on offer, enough to keep any bettor occupied. Some of the most popular include:

These sports are covered even more extensively with plenty of international and local leagues on offer. For instance, if you love soccer, you can wager on the EFL Championship, Premier League, UEFA Europa League, Canadian Premier League, etc.

Fans of basketball are also well catered for, with all of the major leagues covered at this sportsbook, include the NBA, EuroLeague and Basketball Champions League. There are also more unusual sports, such as curling, futsal and trotting, available to bet on.

Coolbet claims to offer 'the best odds' and for the most part we we are impressed with its offering for sports. Coolbet odds for most games are decent, and you'll sometimes find reduced odds of around 2-3% on specific matchups. This can be a great way to save yourself some cash when making a real money wager.

Types of bets

Along with a wide variety of sports, there are also a number of different betting markets to choose from at Coolbet, including (but not limited to):

How to bet at Coolbet

Betting at this sportsbook is pretty straightforward. Just follow these steps:

  1. Select your preferred sports category.
  2. Choose one of the numerous events/matches available. If you want to combine multiple bets, continue to pick your selections.
  3. Pick a betting market.
  4. Input the amount you want to wager.
  5. Place your bet.

Coolbet banking options


Coolbet offers a number of banking methods for seamless deposits and withdrawals. Deposits are instant on this platform, while the withdrawal processing time typically takes roughly three hours, which is one of the fastest in the business. Of course, it may take longer for you to receive your winnings depending on the payment method you choose.

Take a look at the Coolbet payment methods available:

Payment provider Deposit Withdrawal Withdrawal Time
muchbetter C$10 C$20 Instant
Interac Online C$10 C$20 1-3 working days
Interac e-Transfer C$10 C$20 1-3 working days
Visa C$10 C$20 1-3 working days
Mastercard C$10 C$20 1-3 working days
EcoPayz C$10 C$20 Instant
Jeton C$10 C$20 Instant
Neosurf C$10 N/A N/A

You can withdraw a maximum of C$75,000 within the same 24 hours unless you've made other arrangements directly with Coolbet.

To make a deposit or withdrawal, simply need to head to the cashier/banking section and choose your preferred option. Then input the amount you want to deposit/withdraw and click 'Confirm'.

To protect your account and earnings, you always have to verify your identity when you make your first withdrawal. This is standard for all reputable sportsbooks and is in place for your safety.

Coolbet mobile & app


There's no Coolbet mobile app available for Android or iOS devices. But this doesn't rule out playing on your phone. Thanks to the well-designed mobile site – which won the 'Mobile Sports Product of the Year' award in 2020 at the International Gaming Awards (IGA) – you can simply login and start playing your favourite games via your browser without having to download any software.

What's more, the mobile version is fast and convenient, particularly for live bettors, who can have their next bets served to them automatically based on their historical betting behaviour – ideal for when you're betting on the go.

Coolbet security & fair play


Coolbet prides itself on being 'the most transparent gaming company'. The sportsbook has a licence from the AGCO/iGaming Ontario, which requires all casinos and sportsbooks to meet its strict requirements if they are to operate legally in the region. You can find out more in our Ontario sports betting guide.

The company is also licensed by the Malta Gaming Authority, a renowned regulatory body. In addition, it uses an encrypted connection using 128-bit keys to ensure your information is kept safe.

Coolbet customer support


If you ever run into issues when playing on Coolbet Canada, there are various tools available to you. The first option is the extensive FAQs page, which answers common queries.

Alternatively, you can reach out to the support team via live chat or email. The team is very reliable and always willing to get you back on track regardless of the time. On the downside, there's no phone support.

Welcome Bonus
  • Check iconBonus 100% up to C$200
  • Check icon24/7 live chat; Payout 1-3 days


Is Coolbet legit and safe?

Yes, Coolbet is a safe and legit platform. It has a licence from the MGA and iGaming Ontario/the Alcohol and Gaming Commission of Ontario. These bodies regulate it so you can play without worrying about your safety. Visit our Ontario online gambling guide to learn more.

Does Coolbet have an app?
How do you parlay on Coolbet?
How do I deposit money with Coolbet?
How do I withdraw money from Coolbet?
How long do withdrawals take?
How do I make a bet with Coolbet?

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