ToonieBet Sportsbook Review
Canadian-based operator
Over 35 sports to wager on
Access to 80,000+ live events
Ontario’s Newest Sportsbook
Covers BetSmart Rating:
Banking and payout speed
Key features
Security and trust
Customer support
User experience
Betting odds
Payout speed
24 hours
Deposits & withdrawals
Why ToonieBet Sportsbook?
Canadian-based operator
Over 35 sports to wager on
Access to 80,000+ live events
Payout speed
24 hours
Covers BetSmart Rating:
Covers BetSmart Rating:
Deposits & withdrawals
Pros and cons
| ⭐ Top feature | Extensive live betting section |
| 🏅 Covers BetSmart Rating | 4.9/5 |
| 🏧 Minimum first deposit | $10 |
| 📱 Mobile app |   |
| 🎰 Casino | Yes |
| 🔮 Odds provider | Soft2Bet |
| 🕒 Payout speed | Within 24 hours |
| ✅ Live betting | Yes |
| ✅ Early cash out | Yes |
| ✅ Same-game parlays | Yes |
| ✅ Live streaming | Yes |
Deposit options
For a new online sports betting Canada site, ToonieBet is making an immediate splash with the extensive list of hassle-free payment options it offers Ontario sports bettors. You'll not only find traditional vendors like Visa, Mastercard, and Interac — a personal favourite here at Covers — but can also use PayPal, MuchBetter, and Skrill to add funds to your online sports betting account.
No matter your chosen provider, you can expect instant processing times and no hidden fees.
| Deposit Method | Fee | Process Time | |
|---|---|---|---|
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Free | instant | $20 |
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Free | instant | $10 |
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Free | instant | $10 |
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Free | instant | $20 |
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Free | instant | $20 |
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Free | instant | $10 |
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Free | instant | $20 |
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Free | instant | $20 |
Withdrawal options
While there are fewer withdrawal options, you can still use established vendors like Visa, PayPal, and Interact e-Transfer to receive money from your online sportsbook account securely. While all ToonieBet Sportsbook withdrawal methods are free, we've heard of several instances when bettors have been charged a small fee by the individual banking institution, which is outside the operator's control.
| Withdrawal Method | Fee | Process Time | |
|---|---|---|---|
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Free | 0-3 Banking Days | $10 |
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Free | 0-3 Banking Days | $20 |
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Free | 0-3 Banking Days | $10 |
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Free | 0-3 Banking Days | $10 |
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Free | 0-3 Banking Days | $20 |
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Free | 0-3 Banking Days | $20 |
Since TooniBet Sportsbook is the new kid on Ontario's sports betting block, we didn't know what to expect heading into our evaluation. But, after thoroughly examining the online sportsbook, we're happy to report that ToonieBet offers several great features that will impress Ontarians of all betting experience levels, such as:
Live betting and streaming
In our option, the crown jewel of ToonieBet's new online sports betting platform is its live betting section, allowing you to wager on over 85,000 live matches monthly across the over 35 sports leagues it offers in 2025 directly on-site. ToonieBet Sportsbook provides a schedule for upcoming matches that you can watch live on-site. The schedule, which is located in the dedicated 'Live' section, is broken into three, six, and 24 hours, plus tomorrow's events so you never miss a moment of the action.
Parlay builder tool
ToonieBet Sportsbook allows you to design your own parlay or same-game parlays for all of your favourite sports like the NFL, NBA, and NHL via its 'Build Parlay' tool. You can combine up to six bets onto a single ticket to boost your potential payout.
Esports betting
ToonieBet offers over 300 esports betting markets in 2025, including Call of Duty, Counter-Strike, Dota 2, League of Legends, Overwatch, and Valorant. This wealth of market coverage instantly makes ToonieBet one of the top esports betting sites in the province.
Betting insights
Toggle the 'Insights' button to see stats, trends, and other relevant data to help inform your wagering. While this feature is only available for pre-match betting, it is a useful tool we rely upon before placing any wager at ToonieBet Sportsbook.
Fast markets
ToonieBet Sportsbook offers unique time-sensitive betting markets for most sports, allowing you to predict what will happen during various upcoming intervals of an ongoing game. We found this feature greatly enhanced our live soccer betting experience, as we were offered props on 'what would happen within the next 10 minutes' of the match we were watching.
Like with most new platforms, the Tooniebet Sportsbook app — which is free for download on the Apple App Store for iOS devices and Google Play Store for Androids — shows a lot of promise but has a few kinks to work out before I consider it one of the best Ontario betting apps in 2025.
The app blends the ToonieBet Sportsbook and ToonieBet Casino, allowing access to both gaming platforms under one account. Unfortunately for sports bettors, the mobile app focuses more on the latter, requiring you to scroll further to access the sportsbook offerings.
ToonieBet app design
While I wouldn't classify it as visually engaging, I appreciate the classic look of the ToonieBet Sportsbook mobile platform, as it reminds us of the aesthetic that you can expect from BetMGM Ontario — one of our favourite mobile apps in 2025. Live betting is easy to access, as the section is clearly labeled in red at the top of the 'Sports' and 'Menu' sections at the bottom. You can toggle the 'Streaming' button within this section to check out what games are or will be available to watch directly on the ToonieBet Sportsbook app.
ToonieBet Sportsbook app improvements
Like any new platform, the ToonieBet Sportsbook app has room to grow before we'd consider it among the cream of Ontario's mobile betting crop. Other than balancing out the sportsbook-to-casino offerings, I believe that fixing bugs to reduce crashes — especially on Android devices — should be ToonieBet's number one concern, as users and experts alike have complained about the platform randomly botting them out and losing their betting progress.
I will closely monitor any updates ToonieBet implements in the coming months to improve their promising mobile sports betting app.
ToonieBet iOS rating
Apple device users have rated the ToonieBet Sportsbook mobile app a score of 4.4/5 based on over 450 reviews.
ToonieBet Android rating
Likewise, Android users have rated the ToonieBet Sportsbook mobile sports betting app at 4.1/5.
ToonieBet Sportsbook iOS app
ToonieBet Sportsbook is a legitimate operator, receiving approval from the Alcohol and Gaming Commission of Ontario and iGaming Ontario to deliver legal online sports betting services within the province. ToonieBet is only authorized in Ontario, as the online sportsbook is not available in any other Canadian province or territory at this time.
ToonieBet Sportsbook may host your personal information outside of Ontario, as it is typically stored within the European Economic Area (EEA) for various operational and legal purposes. Be assured that, regardless of where your data is, ToonieBet prides itself on safely securing your sensitive information.
Overall, I am quite impressed with the ToonieBet Sportsbook customer support team, as you can reach them 24/7 via live chat. I connected with a real agent within 30 seconds who was kind and quickly resolved our issue.
Its great live chat feature makes up for its subpar phone support. I didn't get through to an representative and our call was not returned even after I was prompted to leave a message and phone number for call back. ToonieBet must improve and provide a more well-rounded customer support department to compete with the other top Canadian online sportsbooks.
- Live chat available 24/7
- Email: support@tooniebet.ca
- Phone: +1-844-789-4200
- Support languages: English + 39 others
- Twitter: @Tooniebet
All in all, I believe ToonieBet Sportsbook is a promising operator that has the potential to be a staple of the Ontario online sports betting scene once it becomes more established in the marketplace and refines its platform.
Great sports coverage
You can find betting markets for over 35 sports and 70,000 pre-game events at ToonieBet Sportsbook, ranging from popular leagues like the NFL and NHL to niche offerings like international beach soccer and odds on who will win the next Eurovision Song Contest. I feel confident stating that, no matter your betting preference, ToonieBet Sportsbook has you covered.
Fantastic live section
Never miss a minute of the action with ToonieBet Sportsbook's comprehensive 'Live' section, featuring ongoing and upcoming live markets for over 85,000 monthly events. You can also live stream most live betting events directly on the ToonieBet platform, allowing you to sweat your bets in real-time as the match unfolds.
Room for improvement
Despite ToonieBet Sportsbook's promising initial launch into the online Ontario betting industry, there are a few areas I believe the online betting site can grow or improve upon.
First off, I believe ToonieBet could benefit from an overall platform update, as its current layout and design is outdated, basic, and lacking the flash that other top Ontario sportsbooks implement to draw bettors in. In my opinion, even something as simple as incorporating team logos or colour schemes onto their betting markets would make a dramatic difference to the page's overall look.
As mentioned above, ToonieBet Sportsbook must provide a more well-rounded customer support service. Although I could have just caught them during a bad time, waiting days to receive a call back is abominable in 2025.
Lastly, and likely the most important issue that ToonieBet Sportsbook needs to address initially, is its uneven withdrawal processing times. Although a customer support agent ensured that all withdrawals should be finalized within 24 hours, I've heard from existing users who have waited up to eight days to receive their funds, which is simply unacceptable. ToonieBet must be consistent in order to compete with the best Ontario sports betting sites in 2025.
ToonieBet Sportsbook in the news
Learn more about this emerging online Ontario sportsbook below:
May 6, 2025: Soft2Bet announced the launch of ToonieBet Sportsbook in Ontario.
March 28, 2024: Soft2Bet secures licenses from iGaming Ontario before launching its online betting site — ToonieBet Sportsbook.
ToonieBet SportsBook review FAQ
Yes, ToonieBet is a legit, real-money sports betting site. It received a license from the Alcohol and Gaming Commission of Ontario (AGCO) and its subsidiary, iGaming Ontario, in March 2024, making it legal and safe to use in Ontario. Additionally, ToonieBet is owned by Soft2Bet, one of the largest iGaming operators in the world.
No. ToonieBet Sportsbook is only available in Ontario at this time.
No, as Bitcoin (BTC) is not an available deposit option at ToonieBet Sportsbook. As a matter of fact, there are no cryptocurrencies offered as ToonieBet, as Ontario law prohibits legal sportsbooks from accepting any currency other than Canadian Dollars, meaning you can only use fiat payment methods like debit/credit cards, e-wallets, and bank transfers.
Absolutely. ToonieBet Sportsbook is a real-money sports betting site, allowing you to withdraw any winnings you've earned from sports wagering. ToonieBet accepts bank transfers, Interac, PayPal, MuchBetter, and Skrill for withdrawals.
Yes. You can use the ToonieBet Sportsbook app — which is available for free on both the App Store and Google Play Store — to place mobile sports bets anywhere within Ontario provincial borders.
Withdrawal times vary depending on the banking option you choose, but, typically, the average wait time is up to three business days to process your request and issue your funds.
No, ToonieBet Sportsbook does not accept American Express directly. However, you can use your American Express card to fund an e-wallet, which you can use to fund your ToonieBet account.
You can contact ToonieBet Sportsbook by phone, email, and live chat. Phone lines are available from 9 a.m. to 6 p.m. ET, while the live chat is available 24/7. The online sports betting site also has a detailed FAQ section containing helpful questions and advice on various topics.
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