Is sports betting legal in Canada and do you have to pay tax on winnings?

deke70 · **Joined:** Mon Oct 19, 2009 7:50 pm **Posts:** 6

The type of sports betting i'm referring to is placing bets on offshore internet sites.

bowdoin63 · **Joined:** Mon Oct 19, 2009 7:56 pm **Posts:** 8

Yes and yes. It is legal to wager on sports online with offshore sportsbooks in Canada. Yes, you do have to pay tax on your winnings, but you can claim your losses against them. You will find my recommendations for reputable sportsbooks, and yes I use them myself! @ http://GamblingReviewsSite.com I live in Ontario and have had no problems over the past 10 years with any of them. You will also find my free daily sports picks too, join the conversation on the message board as we help each other smash the books!

anbessa · **Joined:** Mon Oct 19, 2009 7:56 pm **Posts:** 4

Yes, sportsbetting in Canada is absolutely legal. I guarantee you cause I have friends that play online. I suggest you to visit http://www.bettingwise.com/
for info of the best sites.

brendon · **Joined:** Mon Oct 19, 2009 7:50 pm **Posts:** 4

Sports betting is legal through provincial Gaming and Lotteries ministries. Off-shore betting is also legal.

Proceeds from (legal) gambling are tax-free in Canada.

Is sports betting legal in Canada and do you have to pay tax on winnings?

Who is online