Coolbet Review (2023)

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Veselin Ignatov
Certified Expert
Veselin Ignatov
Veselin Ignatov

Veselin's primary job is to create unique content, such as reviews and analyses of different bookmakers and other topics...

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Coolbet Canada is undoubtedly one of the most interesting iGaming platforms you can find in North America. It’s rare to come across an online casino and a website that offers sports betting, poker, virtual sports, and so many other offers. Therefore, it’s no surprise that the company is gaining popularity really quickly.

Before deciding whether Coolbet is the right iGaming operator, this article will show you what to expect from it. We will reveal more details about the top betting categories, some of the features, different proposals, and more.

Pros & Cons

One of the first things we want to point out in this Coolbet review is the pros and cons. People who want to use the online sportsbook should be aware of the positives and negatives, so here’s a quick summary of what to expect.

  • Innovative design
  • Poker client, a sportsbook and a casino
  • Different bonuses
  • Secure payments
  • No apps yet
  • Some products are not available in certain countries

Is Coolbet legit?

Yes, Coolbet Canada is a legit online betting operator that accepts people from a wide range of countries. Even though it is not accessible in the Ontario market due to the lack of an exclusive permit, Coolbet has a license from the Malta Gaming Authority (MGA/CRP/681/2019).

Another interesting thing about Coolbet is the company’s additional security features. Once you start looking for more options, you will find an SSL encryption tool, as well as other options. As a result, gamblers have access to safe transactions and bets.

How do You Complete the Coolbet Registration?

To create a new Coolbet account, you can follow these steps:

coolbet register
  1. After going to the brand’s website, choose “Register”‘.
  2. Input your email and password, as well as your phone number, preferred currency, and country of residence. Lastly, you must confirm that you are at least 19 years of age and agree to the Terms, Cookie, and Privacy Policy.
  3. Second, you must provide a first/last name, gender, birth year, address, and alias.
  4. Finally, you will receive a unique SMS code that you have to enter to complete the first verification process.

Sign Up

New players who do not want to register using the traditional can sign up using their Google or Facebook account.

The KYC Process

After creating your Coolbet login details, you may have to complete the KYC process. Since the iGaming brand has a permit from the Malta Gaming Authority, it must ensure you are a real person. To do that, it could require a copy of an ID Card, proof of home address, and proof that the financial instrument used to deposit is yours. Sometimes, the operator could carry out an additional verification process.

Regardless of the information you need to provide, you must contact the casino and its customer support first. They will tell you what to do and how to proceed as fast as possible.

Coolbet login Canada Process

Bettors with an existing account do not need to register to play. Instead, they can use your Coolobet login details and access their account. To do that, they simply have to select “Login”, and enter the email and password they’ve registered with. As mentioned, players can also log in using their Facebook and Google accounts.

Up To $200 from the Coolbet Welcome Bonus

Coolbet is the leading in the Canadian market for a reason, and one of them is the welcome promotion. Following our full Coolbet review, we found out that new customers who use the Coolbet bonus code CAD200 can get a 100% deposit bonus. The minimum amount that the website will require you to deposit is $10, but depending on your transaction, you can obtain up to C$200.

Like all promotions, this one has specific conditions you have to follow. For example, the sports betting operator will grant you 30 days to complete the 6x wagering requirements. Don’t forget to read the complete Terms and Conditions for more details.

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Coolbet Sports Betting Options

coolbet sport betting

A lot of Coolbet reviews do not focus on the sports section because they think the casino is better. However, after checking the online sportsbooks of other brands, we can confirm that this one is different.

The sports you will have access to will allow you to bet on a wide range of competitions. Everything is just a few clicks away, so here’s what you will find:

  • Alpine Skiing
  • American Football
  • Athletics
  • Badminton
  • Bandy
  • Baseball
  • Basketball
  • Beach Volleyball
  • Biathlon
  • Boxing
  • Cricket
  • Cross Country Skiing
  • Cycling
  • Darts
  • eSports
  • Football
  • Golf
  • Handball
  • Ice Hockey
  • MMA
  • Motor Sports
  • Politics
  • Rugby
  • Ski Jumping
  • Snooker
  • Specials
  • Speedway
  • Tennis
  • Trotting
  • Volleyball

Sports betting fans can also find options to wager on politics, entertainment, and special kinds of bets. Furthermore, Coolbet offers shortcuts to some of the more popular competitions, as well as different campaigns.

The Available Betting Markets

Once you visit the Coolbet sportsbook and select a given sport, you will find many betting options. This operator is highly competitive, so it usually has more markets than many of its counterparts. However, they number will always depend on the sport you want to place a bet on.

Here are just some of the markets that this sportsbook can provide:

  • Over/Under
  • Money Line
  • Spread
  • Total Goals
  • Draw No Bet
  • Double Chance

Double Chance Live Betting at Coolbet

coolbet live betting

Whether you are a fan of international sports or want to bet on some of the options in Canada, you will be able to do that in real time. The live betting options at Coolbet Canada allow you to punt on many different sports and leagues. Although there isn’t a separate section, you can find the Livebet lobby inside the sportsbook.

Once you check the available live betting options, you will notice many new markets with better odds than those in the pre-match category. Another interesting fact here is that clicking on any live event will provide you with more information about it. This feature of the site allows you to check the stats and pick one of the many markets.

One of the advantages of the live betting option on the site is that players can access some of Coolbet’s additional features. There are a couple of them, but we will learn more about each one in a bit.

Before moving on, keep in mind there are more options for live betting during the weekend than throughout the week. Fortunately, you can find loads of different sports.

The Odds at Coolbet Canada

One thing that people notice after accessing the Coolbet website is that the odds here are better than elsewhere. Coolbet’s odds for the most popular sports will always be higher whether you’re using the mobile version or the desktop website. That’s one of the big reasons why many people choose this site over others.

Interestingly, Canadian players will use the American odds format by default, but they can also select Decimal. Regardless of the preferred format, Coolbet provides competitive odds, especially if you compare them to other Canadian iGaming operators.

How to Place a Bet?

To place a bet at Coolbet, do the following:

  1. Create an account and make a deposit.
  2. Go to the sportsbook, choose a sport, and select a market.
  3. Once that market is in your betslip, add the amount you to wager.

As you can see, even beginners should have no problems doing it because the process is simple.

The Available Betting Features

Live bettors and people who want to place regular bets will find a wide range of sports betting features. Coolbet provides more than many of its counterparts, so let’s check what is available.

Cash Out

Before you check some of the limited promotions and other options, remember that Coolbet allows you to use Cash Out. Having the option to settle bets earlier than usual means that you can minimize losses and save time. Punters use this option when they think they’ll lose or when they do not want to settle a bet.

Bet Builder

Interstingly, Coolbet is one of the few sportsbooks in Canada where users can try out the Bet Builder option. Although it seems complicated, the option lets punters combine markets from the same selection. Doing this allows them to get the best odds for their bet, but it is riskier to predict.

Combo Generator

There is no arguing that Combo Generator is one of the unique features that Coolbet has in store. It allows you to randomize your next bet by selecting your preferred odds as well as the size. You can even add your expected results within a specific time frame.

Once ready, select “Generate”, and Coolbet will come up with different kinds of selections and markets you can bet on.

Live Streaming

Even though not all events on the mobile optimized operator have live streaming, sometimes, this may be one of the available options. You must visit the live betting category and check whether the event you want has this option. Sadly, there will be cases where you won’t find anything.

Esports Betting at Coolbet

Coolbet is one of the places where Canadian players have the opportunity to wager on different eSports. Since the brand has a permit from the gaming commission in Malta, it is home to a wide range of eSports titles, such as:

  • StarCraft
  • CS
  • Dota 2
  • Rainbow Six
  • Arena of Valor

Regardless of the banking methods used to make a deposit, you can wager on many different kinds of markets and events. Don’t forget to learn additional information regarding each eSport if you do not have any experience.

Virtual Sports Betting at Coolbet

coolbet virtual sport

Even though this iGaming operator may not have an eSports section, it has a special one for virtual sports. Whether you are using Coolbet mobile or the site’s desktop platform, you can find several different kinds of virtual sports. The list consists of things like basketball, the virtual World Cup, the football cup, and the football league.

Coolbet Casino Canada

coolbet casino games

After analyzing some of the sports betting options, it’s time to share a few things about the Coolbet casino. Nowadays, you can find a lot of online casino websites, but Coolbet simply has more options than others.

The entire section looks more advanced because you have access to a lot of cool features. Besides checking your favourite games, you can use the RTP calculator to select a given title. The site will even let you access the winners feed, as well as a list of all casino software providers. Brands like Pragmatic Play and many other industry leaders offer their services, so there will always be slots, table games, and many more options to choose from.

The titles are divided into a lot of categories and include options such as:

  • 10 Swords
  • Super Joker Megaways
  • Hot Chilliways
  • 9 Masks of Fire
  • Retro Tapes

Live Casino at CoolBet

coolbet live casino

Besides the classic Coolbet casino category, there is also a separate option for live casino games. The titles with real dealers allow people to play against other gamblers in real time. They have the opportunity to test the latest innovations in the casino category, such as:

  • Runner Runner Roulette 500x
  • PowerUp Roulette
  • Blackjack 49- Ruby
  • Super 8 Baccarat

Poker at Coolbet

coolbet poker section

Although you may be unable to access Ontario Coolbet options, the gambling operator has a separate poker section. In fact, it’s safe to say it is one of Canada’s most advanced poker categories. Here, you can play online poker, participate in tournaments, and try various cash games.

What’s even more impressive about the poker alternatives is that there are different Coolbet bonuses. For example, there’s a welcome promotion, as well as different rewards that allow you to win tickets.

Besides downloading a separate poker client, you can also play in your browser.

Coolbet Mobile App and Website

coolbet mobile app

If you want a Coolbet app on your Android and iOS devices, you must wait because the site does not have such options. Fortunately, the operator allows people to do everything on the mobile website. The latter is optimized and provides the same products as the app, however, you do not need to install any files.

Like other online casinos, everything on the mobile site is optimized and works flawlessly. No matter which betting category you want, you will have no problems testing it. You can also find all the payment methods, features, and bonuses that this company is known for.

Payment Options

Regarding the deposit methods available at Coolbet Canada, the website has a lot of things in stock. Every payment method here is secure, allowing you to make payments without worrying about anything. The withdrawal options are also safe and faster than usual.

Below, you can find the complete Coolbet payment methods list that is available to iGaming fans in Canada. The important thing to remember is deposits do not have any processing time and offer user-friendly minimum requirements. Moreover, Coolbet is big on responsible gambling, so you have the option to limit the amount you can deposit.

Payment MethodDeposit MinimumDeposit MaximumTime for DepositMinimum WithdrawalWithdrawal MaximumTime for Withdrawal
Visa LogoVisaC$10No infoInstantC$20No info1-3 bank days
EcoPayz LogoEcoPayzC$10No infoInstantC$20No infoInstant
MasterCard LogoMasterCardC$10No infoInstantC$20No info1-3 bank days
Jeton Wallet LogoJeton WalletC$10No infoInstantC$20No infoInstant
Neosurf LogoNeosurfC$10No infoInstantC$20No infoInstant
MuchBetter LogoMuchBetterC$10No infoInstantC$20No infoInstant
Interac LogoInteracC$10No infoInstantN/AN/AN/A
Interact e-Transfer LogoInteract e-TransferC$10No infoInstantC$20No info1-3 bank days
Bank Wire Transfer LogoBank Wire TransferN/AN/AN/AC$20No info1-3 bank days

Affiliate Program

If you want to advertise Coolbet’s incredible platform, you should take a look at the affiliate program. If you decide to join, you will receive stimulating commissions once someone registers and starts playing from your referral. You can learn more information by contacting the support team via email.

Coolbet Customer Support Options

Whether you want to know more about the Coolbet logo, a given e wallet, or the site’s services, you can use the customer support department. We had to contact it on several occasions, and it’s safe to say it is one of the best in Canada. Unlike other sites that use bots or third-party customer support, here, Coolbet has an in-house crew. However, it is unavailable 24/7 because the working hours are from 9 AM to 12 PM.

In terms of the contact options, you can use one of these options:

💬 Live Chat✅ 24/7


Is Coolbet legal in Canada?

Yes, Coolbet is legal in Canada because locals can access it thanks to a permit from the Malta Gaming Authority. However, you will not find permission from iGaming Ontario.

Does Coolbet have a mobile app?

No, Coolbet does not have a mobile app for iOS or Android yet.

Will Coolbet allow me to make a deposit in Canadian Dollars?

Yes, Coolbet will allow you to deposit Canadian dollars.

Does Coolbet have monthly withdrawal limits?

Yes, there could be such things, so check the Terms and Conditions.

Do withdrawals at Coolbet take long?

It depends on the payment methods you have decided to use.

Is Coolbet available in the Ontario market?

No, Coolbet is not available in Ontario.

Can I use phone support at Coolbet Canada?

No, we couldn’t find a dedicated phone number you can use during our Coolbet Canada review.

Conclusion and Rating

After our complete Coolbet overview, we came to the natural conclusion that this is one of the most interesting iGaming sites in Canada. It has everything you need to have a solid experience while punting. You can find several popular betting categories, a lot of  bonuses, and so much more. That’s why our final rating is 4.5/5.

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Veselin Ignatov
Veselin Ignatov
Certified Expert Certified Expert
Veselin is one of the primary authors of Nostrabet Canada. He has a lot of experience analyzing online casinos and sports betting websites. Also, he is known for his professional touch on various valuable iGaming content.

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