Interac Betting Sites: Sportsbooks that Accept Interac

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Cody Aceveda
Last Updated:

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

1
Exclusive Bonus
Low Minimum Deposit
Low Minimum Deposit

T&Cs Apply


2
All-In-One: Esports & sports betting + online casino
All-In-One: Esports & sports betting + online casino

T&Cs Apply


3

The bonus is not available to Ontario residents


4

Must be 18+ to participate, T&Cs apply, Play responsibly. Offers Not Available For Ontario Residents


8
Play Live Games

T&Cs Apply


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
BetovoWelcome Bonus
WynsNiche Sports Betting
CashedBonus Offers
Bank On Bete-Sports
Tony BetSoccer Betting

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.

Deposit $200, Play with $400

Wyns

Wyns

Wyns is an internationally licensed sportsbook with extensive markets for Canadian bettors. The live betting feature also applies to sports such as volleyball and futsal. Beyond the major North American markets, Wyns has a good selection of niche sports, including cricket, short football, and water polo.

Wyns is a soccer bettor’s paradise with hundreds of daily matches in over 50 countries. Interac is the main e-wallet for instant deposits for as low as C$10. The C$10 minimum is far lower than the C$45 minimum for using Bitcoin.

Get 100% up to $150 Bonus

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 more player props. But this is still a top-end Interac sportsbook

Get 100% up to $150 Bonus

Bank On Bet

bankonbet

Bank On Bet is a sportsbook with impressive graphics and animations to smoothly update real-time odds. Live betting is among the best at Canadian sportsbooks, including ATP tennis tournaments, international soccer leagues, and mixed martial arts events. Bank On Bet also offers an extensive e-Sports section, with popular games like Counter Strike available for live streaming.

Soccer and hockey bettors can look forward to 2-goal early payouts. Bank On Bet also offers weekly cashback and boosted odds. Interac is one of many trusted e-wallets, along with Skrill and Neteller.

Get 100% up to $150 Bonus

Tony Bet

TonyBet

Tony Bet is one of the most popular Canadian sportsbooks for soccer players. The soccer coverage is deep with 3-way bets, handicaps, and Asian totals. Hockey fans can bet live on NHL contests with complete statistics. Other hockey leagues for live betting include Latvia, Norway, and Switzerland.

Tony Bet offers plenty of sports promos to cover most sports. Make enough winning moneyline bets to pick up bonus credits in the weekly forecast. Same game parlay, boosted odds, and cashouts are also available. Interac is a main payment method along with Visa and MasterCard.

Get 100% Up To $350 Bonus

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 Kozinets is an experienced sports betting content writer who has been developing articles with BettingTop10 for nearly five years. Cameron has an educational background, including a degree in Journalism from the University of Southern California and an in-progress JD degree at Osgoode Hall. Cameron has long been a serious sports fan, with a love for all Toronto teams, as well as the Chicago Bears. He has more than 6 years of sports betting experience and enjoys sharing his passion for both sports betting and sports in general through his writing.