CoolBet Ontario Sportsbook & Online Casino Review 2022

Read our latest CoolBet Ontario review!

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Hello and welcome to the coolest review of the CoolBet Ontario online casino that you’re likely to find anywhere. CoolBet claims to be the most transparent sportsbook around, and we set out to see if that really is the case.

From covering the legal questions of its licensing in Ontario to checking out all areas of the site, our CoolBet review aims to leave no stone unturned. This site offers sports betting and an online casino as well as poker – and we’ll thoroughly review all three of these platforms in detail for you.

Coolbet Ontario: Pros & Cons
  • Fast withdrawals
  • Sports, casino, and poker available
  • USP is to always provide the best odds
  • Transparent sportsbook
  • App not yet available

The spring of 2022 saw a major change in the law put into practice, as private sportsbooks were then able to apply for an iGaming Ontario license from the Alcohol and Gaming Commission of Ontario. The CoolBet Ontario sportsbook was successful in obtaining one of these licenses, meaning that it is now 100% legal in the province. But is it among the best Ontario online gambling sites? Let’s find out…

Usability, look, and feel - A site that’s as cool as the name suggests

The overall design of the CoolBet Ontario sportsbook and online casino is excellent. It’s super-easy to navigate, looks good, and placing a bet could not be easier. The sportsbook technology has been intelligently designed and everything is put on display for you in a neat way. What we particularly liked was the focus on popular Canadian betting markets.

The casino and poker rooms have an equally clever design and the platforms should suit both experienced and first-time users. As far as Ontario online casinos go, this is definitely one of the best in class. The best way to summarize it – cool by name, cool by nature.

The CoolBet Ontario app – Coming soon

The CoolBet sports Ontario app isn’t yet available but is promised to be on the very near horizon in 2022. In the meantime, you will find that the mobile-optimized site does more than enough to make up for the lack of a dedicated app. Take a look at our LeoVegas Ontario review to find an example of how the CoolBet Ontario app may look when it finally goes live.

How to open a CoolBet Ontario online casino account – Follow these simple steps

The CoolBet Ontario app registration form literally takes seconds to complete. All you have to do is provide your name, email address, and phone number before clicking two checkboxes to confirm that you are aged 19 or older and have read the terms and conditions.

After that, you will need to provide a few more details, including at least one form of ID in order to have your account verified. Account verification shouldn’t take long and once it has been completed you will be ready to make your first deposit and start betting – it’s as simple as that!

Payments - Quick withdrawals in the CoolBet Ontario online casino

CoolBet offers players free instant deposits via a decent range of payment methods and the minimum required deposit is just $10. For Canadian customers, Visa, Mastercard, and Interac are the best available options in our opinion. You can also make your withdrawals using all of the aforementioned payment options, and the processing time is between just one and three business days. This is among the fastest withdrawal times that you will find anywhere else. See the Royal Panda Ontario online casino for comparison.

Customer service - Help is at hand with the CoolBet Ontario app support team

Transparency is the core USP of CoolBet and the customer service team certainly doesn’t disappoint. Before contacting them, their policy, rules, and T&Cs are all made very clear. You can reach the excellent customer care team via live chat on the site or by email. There isn’t a CoolBet Ontario phone number, however, this isn’t too much of a setback as phone assistance is becoming increasingly rare in the online betting industry.

License and security - You're in safe hands at the CoolBet casino online betting industry

As we mentioned earlier in this article CoolBet does hold a valid iGaming Ontario license, so from a legal standpoint, everything is in order. In terms of security, the CoolBet Ontario sportsbook is both safe and transparent. The site deploys SSL encryption technology, as well as firewalls, and more. All of this works to protect your personal data and financial information when betting with CoolBet.

Rewards and loyalty - It pays to be a CoolBet customer

While the CoolBet Ontario online casino might not have a VIP or loyalty program in the traditional sense, we definitely wouldn’t let this put you off. CoolBet is a unique site that rewards its loyal customers in different ways via its transparency and promises to always offer the best odds on the market.

Coolbet Casino

Software - Find our preferred provided in the CoolBet Ontario online casino

The game titles in the CoolBet Ontario online casino have been provided by all of the top igaming software developers in the world. Included in these are NetEnt and Play N Go. You can easily find the games available from your software provider by using the filtered search function.

Game portfolio - A large range with a transparent search function

The CoolBet casino offers all of the usual games, from slots, to table games, video poker and more. What’s most impressive about the games library here though, is the transparent search function. As well as being able to search for games by name and software provider, you can also filter your search based on RTP, max win multiplier, and volatility.

Live casino - Blackjack is the highlight here

CoolBet offers a decent range of live dealer games that you should be able to play at any time of the day. The undoubted highlight here is blackjack, as you have the best quality and games selection with these types of games at CoolBet.

Limits - Both big and small

As is the case in most online casinos, you will mind that the minimum limit on slot games can be as low as just 0.10 CAD. The maximum limit differs depending on the game that you are playing, but you will find high roller games with limits exceeding 10,000 CAD per play.

Product summary - A fair and honest operator

CoolBet claims to put transparency at the forefront of its core values, and that’s seen nowhere better than in the casino. We have never seen an online casino that allows players to filer their game search based on things such as RTP and volatility. That alone makes this casino worth a spin in our opinion.

Coolbet Sports Betting

Betting markets - A great range of betting markets in the CoolBet Ontario sportsbook

All in all, there are around 30 sports to bet on in the CoolBet Ontario sportsbook, with a massive range of betting markets found within each sport. As you can probably imagine for a sportsbook aimed at the Ontario market, hockey very much takes pride of place at the top of the bill. As well as that you can also enjoy betting on a range of other sports including soccer, football, basketball, and much, much more.

Odds - The best in Ontario

When it comes to odds, CoolBet truly is the best sportsbook in Ontario as they reduce their own margins so that they can beat the competition in every area. Offering the best possible odds is one of CoolBet’s USPs and they definitely don’t disappoint. As standard, the odds are displayed in American format but can be changed to decimal if you so wish.

Limits - Flexible to suit all bettors

The minimum betting limit in the CoolBet Ontario sportsbook is 0.10 CAD, with the maximum being $30,000. This may change between betting markets but seemed to be the standard when we tested it out on a few different betting lines. When it comes to withdrawals, you have a minimum limit of $20 and the maximum differs depending on the payment option that you use.

Product summary - Our CoolBet sportsbook verdict

What CoolBet can offer you is an intelligently designed sportsbook that is completely transparent in its operations. The standout element here is definitely the odds – in some cases we found them to be so far ahead of the competition we almost couldn’t figure out how they do it. If you are a fan of betting on team sports, then CoolBet is definitely worth a shot.

CoolBet Ontario online casino FAQ

⚖️ Is CoolBet legal in Ontario

You can find out if CoolBet is legal and licensed in Ontario by consulting our CoolBet review here at GamblingGuy.com. All of our information is kept consistently up-to-date, therefore if there are any changes in the future, we will let you know.

🎰 Can I play the CoolBet Casino in Canada?

The CoolBet casino is available in a number of locations worldwide, however, it also has restricted access in a number of areas. In our CoolBet review, we have provided you with all of the available jurisdictions for both the online casino and the sportsbook platforms offered by this operator.

📱 Does CoolBet have an app in Ontario?

To keep yourself updated on the status of the CoolBet app in Ontario, bookmaker our review page here at GamblingGuy.

Overall conclusion - A unique and quality betting site

CoolBet is a fantastic gambling site that genuinely offers something fresh and different in a landscape that has become quite saturated. Particularly for sports betting fans, this is an operator that we definitely wouldn’t hesitate to recommend. That being said the online casino platform and the poker room definitely aren’t to be overlooked.

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