Coolbet Canada Sportsbook Review

Written by: Jeff Veillette

Last Updated: April 23, 2024

Relatively new to the gaming scene, CoolBet has seen a meteoric rise since its launch in May 2016. Originally launched in the Estonian and Scandinavian markets, Coolbet builds on founder Jan Svendsen’s prior experience with NordicBet and Triobet and emphasises a responsible, transparent, quality-over-quantity approach to sports betting.

• Deposit with Interac e-Transfer
• Top Choice for Canadian Bettors
• Serving Canadians Since 2016
• All In One Wagering Website

In what markets is Coolbet available?

Coolbet’s primary platform presently accepts new members in Norway, Sweden, Finland, Iceland, Chile, Peru, and Canada. As confirmed by the company on March 24th, Coolbet will be launching a new, separate platform in accordance with their acquisition of an iGaming Ontario licence, moving Coolbet Ontario customers to the new domain on April 4th.

The new Coolbet Ontario website will operate similarly to the original, with some changes to their casino options. Sports betting is expected to remain the same.

Walkthrough of the Coolbet registration process

Registration via Coolbet’s web-based platform is very straightforward. Upon clicking through to the registration page, one must provide their email address, a username, their first name, and a password with a minimum length of six characters. New members can opt to receive updates on news and offers from Coolbet Canada. Those using the Coolbet Ontario website will be required to verify their identity with a form of Government ID. This will either come during the registration process, or if one is an Ontario resident and already a member of the primary Coolbet website, you will have to provide verification when your account is automatically transferred to the new platform.

CoolBet Canada sportsbook basics

Coolbet’s new platform will be tailored to the new rules and regulations set by iGaming Ontario, as one of the sixteen operators approved to run legally in Ontario as of April 4th. This requires players to be at least 19 years of age, and to verify themselves with a piece of Government-issued identification. Previously, Coolbet operated in Ontario – and will continue to do so throughout Canada for the time being – with a licence from the Malta Gaming Authority.

Once set up, bettors will have a wide variety of sports and events to choose from for their plays. Along with single-game betting, Coolbet also allows for parlay or “combo” betting on multiple events, along with prop bets for the vast majority of its events. Players can use Coolbet Canada’s “Betbuilder” feature to fine-tune their props and parlays, enjoy a rotating collection of events boosted odds, or participate in the platform’s Match of the Day, which offers a “Boring Match Guarantee” to refund your bet (up to a certain maximum) should games in certain sports end up with unusually low and/or close scores.

The web experience also allows for easy access to Coolbets other games, along with transparent data on users’ recent bets, recent winners, and your own personal history and records. 

Coolbet Ontario Overall User Experience

Coolbet does a spectacular job of making a perceived negative into a positive, through their universal, cross platform web app experience. Knowing that you have more or less the same presentation no matter what device you use to access your account, and that said experience is simple and well-presented, is a huge plus. It also allows for smooth performance regardless of ecosystem.

On a betting level, Coolbet does a very good job of giving you variety, but also focusing you on the events most interesting to you. A bevy of options exist to make your choices as simple or as intricate as you’d like, allowing both beginners and experienced bettors to get the most out of the options they give you.

Transparency is also a positive – being able to track your own history and also get a feel for the pulse of the whole community allows you to participate at your own pace and with as much information on your risk and opportunity as possible.

Enjoy Betting On Coolbet

Ready to give Coolbet a shot? Click here to sign up using our referral code, and let the games begin!

Jeff Veillette

Based out of Toronto, Ontario, Jeff Veillette has been in the sports writing industry for over half of his life. While primarily focused on hockey at all high levels, Veillette also brings knowledge on all the major North American team sports, plus a few individual and global ones as well. His work over the years has been featured on just about every mainstream Canadian media platform.