Coolbet Sportsbook

US Sportsbooks · Canada Sports Betting · Coolbet

Plans to add commercial sportsbook operators in the Canadian province of Ontario has drawn quite a bit of interest from outside parties. One of those operators is Coolbet Sportsbook as a sports betting site with existing Canadian roots.


Coolbet Sportsbook has expressed a strong interest in obtaining a sports betting license in the Ontario province. Breaking away from the existing system of government-owned lottery gaming corporations, Canada’s most populated province is in the process of adding commercial sportsbooks to the marketplace.

Coolbet Sportsbook would have quite a bit to offer Ontario sports bettors as an established offshore operator. As a licensed operator in the province, the site could position itself as a full-service online gaming site with both sports betting and casino games.

Coolbet Sportsbook Promo Code

Mirroring most online sportsbooks, Coolbet offers a very attractive welcome offer to new customers. Activated by a special promo code, Coolbet will double the amount of an initial deposit into a new online betting account.

Welcome Offer

The welcome offer for new Coolbet customers is a matching deposit bonus up to $200 CAD. Tied to a special promo code, new customers can activate this bonus offer by registering for an online account and making their initial payment through a variety of popular banking option.

The Collbet offer may be live in Canada, but offers are unavailable for promotion in Ontario!

Terms and conditions for this welcome offer include a minimum deposit of $10 CAD all the way up to $200. The sports bonus amount must be wagered at least six times before any withdrawal request can be made. Member accounts are limited to just one customer per household address.

How to Sign Up with Coolbet Sportsbook

Canadians 18 and older can sign up for a Coolbet Sportsbook online betting account by following a simple three-step process:

  • Using the online registration form on the Coolbet website or mobile app, new customers will enter their first and last name along with a valid email address. Additional information will be required to complete the process.
  • Once a new customer’s identity and location have been verified, they will be able to fund their new account while also using the promo code to activate the welcome offer bonus.
  • When the funds tied to the initial deposit have been cleared, new customers will be able to place sports wagers online through the website or mobile Coolbet app.

Coolbet Sportsbook Mobile App Review

The Coolbet Sportsbook mobile app has been designed to mirror the functionality of the sports betting website. The app is available for download by iOS and Android mobile devices. Menu items at the top of the home page offer Sports, Casino and Poker.

There is also a stand-alone section for promotional offers along with a detailed set of terms and conditions.

The sportsbook section of the Coolbet mobile app is clean and concise with easy to follow categories for finding both betting leagues and betting markets. The overall selection of both is extensive to reflect the international flare of this betting site.

Other mobile app features such as banking, customer service and a general support section are easy to find and navigate. Overall, the Coolbet Sportsbook app would score high grades across the board among most online sports betting customers.

Available Leagues & Markets

Coolbet caters to the Canadian sports betting market with a special emphasis on professional leagues such as the NHL for ice hockey and the CFL for football. However, the range and scope of pro betting leagues offered covers both a North American and international spectrum for every major betting sport.


Given the widespread appeal of US pro sports, the NFL, NBA and MLB are three more popular betting leagues at Coolbet. Bettors will also find a wide array of listings for pro golf via the PGA Tour, NASCAR’s Cup Series, ATP and WTA tennis, boxing and UFC for MMA fights.

Coolbet also expands its betting board to cover betting options on other pro leagues for basketball, hockey, soccer and baseball outside the North American market. The overall sports betting board does a good job at covering the majority of leagues that Canadian bettors are most eager to wager on.


The biggest change in the Canadian sports betting market is wagers on single games and single sporting events. This was added to the list of available betting markets towards the end of August last year.

Single game markets utilize the point spread, total line and money line odds as the three most popular sports betting lines.

Parlay bets are still a very popular betting market in Canada as the original basis for the industry. Coolbet has expanded its parlay markets to include even more betting options with a higher return in payout odds.

Betting futures, prop bets for individual games and live in-game betting are three more Coolbet markets that have been expanded on the site and mobile app.

Customer Service & Payment Options

As an established online sports and iGaming site, Coolbet has created a highly responsive customer service department. Payment options through the site’s banking section make it easy to fund a Coolbet account as well as request prompt withdrawals.

Customer Service

The Coolbet “Support” section covers all the applicable terms and conditions for betting on the site or app. This includes a very helpful FAQ section that covers almost every possible aspect of sports betting, casino gaming and poker.

Coolbet customers can also have their most common questions answered through FAQ’s for payments, bonus offers and the process for verifying identity and location.

Online contact options to reach Coolbet customer service include 24/7 chat and email. There is no active phone number option at this time.

Payment Options

The most popular way to fund a Coolbet online account starts with Visa and Mastercard. Customers can also use money transfer services such as Trustly, Skrill, Neteller and a prepaid PaySafeCard.

Withdrawal requests are processed within three hours of receipt on average. Along with Visa/Mastercard, Trustly, Skrill and Neteller, payouts can be requested through a bank transfer.

Coolbet Sportsbook FAQ

How can a bettor check to find settled bets?

All settled bets are recorded in the “My account/Bet History” section. The bet receipt contains a shortcut to all betting results.

What is the difference between a “free bet” and a “risk-free bet?”

Free bets can be placed through any accumulated account credit in the absence of available cash funds. Risk-free bets must be placed with actual cash.

Can someone open more than one Coolbet Sportsbook account?

Coolbet customers are limited to one online betting account per household address and personal identity verification.

Coolbet Sportsbook Conclusion

As the excitement and anticipation of commercial sports betting in Ontario continues to grow, Coolbet Sportsbook is well positioned to make an immediate impact in the marketplace.

This online betting site and mobile betting app was specifically designed for Canadian sports bettors. The overall graphics and site presentation should be well received once Coolbet does go live.

The generous welcome offer for new customers is the main attraction of the entire Coolbet promotional plan. Another big plus is the expanded online iGaming options for casino gaming and poker.

As a full-service online gaming site, Coolbet has covered all the bases to becoming a major commercial player in the Ontario sports betting marketplace.

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