Coolbet Review

Coolbet Summary

Coolbet is a fresh face in the Ontario sportsbook scene, priding itself on being transparent. While it may not have the same level of recognition as FanDuel or bet365, Coolbet offers a Canadian-themed experience with a variety of sports betting options for bettors in Canada’s most populous province.

Continue reading to determine if registering for Coolbet is the right choice for you.

Coolbet Quick Facts

Coolbet Locations

Coolbet, with its headquarters in Tallinn, Estonia, employs over 300 individuals. It is licensed for gaming operations in Estonia, Sweden, and Malta. Coolbet provides sports betting services in Norway, Sweden, Finland, Iceland, Chile, Peru, and Canada, and is regulated in Ontario.

Sports Leagues to Bet On

Coolbet, like numerous other sportsbooks in Canada, offers a diverse range of sports to bet on. Popular sports are conveniently located on the left side of the website, and the odds provided are competitive, often surpassing those of well-known bookmakers like Caesars and BetMGM.

Coolbet offers a wide variety of sports with an impressive range of unique markets for you to explore.

NFL Betting

Coolbet’s NFL offering is comprehensive, with options beyond just the main spread and Over/Under markets. Bettors can also wager on spread and Moneylines for halves and quarters, as well as team totals. However, the anytime touchdown market can be confusing as passing TDs are oddly excluded from some bets. Additionally, ML bets are not prominently displayed on the main NFL page, requiring users to click into each game to find the odds offered.

Coolbet offers popular future markets such as Super Bowl, conference winners, division winners, and player awards. However, more specific futures like most regular season rushing yards are not available on Coolbet, unlike competitors such as bet365 who offer a wide range of these markets.

NBA Betting

Those knowledgeable about basketball will likely become fans of Coolbet’s NBA betting options. Coolbet not only offers the standard moneyline, spread, total, and team/player prop markets, but also provides entertaining NBA specials with competitive odds of just 30 cents of juice. This puts Coolbet on par with other top sportsbooks that offer similar opportunities.

College Football

Although the odds for college football are not as competitive as those for the NFL, Coolbet offers a wide variety of college football options. While there may be fewer player props available compared to the NFL, all major Division I FBS college football games can be found on the site. Coolbet also caters to live bettors with a diverse selection of in-game wagering markets.

College Basketball

Ontario bettors who enjoy betting on U.S. college basketball can expect a similar experience to Coolbet’s NCAA football offerings. They will have access to a variety of betting options on primary and secondary markets during the regular season, with even more opportunities available during conference tournaments and March Madness. Coolbet offers competitive odds on college basketball games in Ontario.

NHL Betting

Given Coolbet’s emphasis on the Canadian market, it’s no surprise that their NHL selections rank among the top choices available.

There are plenty of options in the futures market for betting. You can wager on the Stanley Cup winner, division winner, regular point totals, and winners of major awards like the Hart, Vezina, and Norris trophies. The site also features Over/Under lines for individual player goals, assists, and points, as well as special bets for high-profile players such as Connor McDavid and Alexander Ovechkin.

MLB Betting

Coolbet offers a wide range of betting options for Major League Baseball, including competitive odds in the ML, run line, and O/U markets. You can also bet on first inning results, first five innings results, and player props like strikeouts, home runs, and total bases. However, there is no option for singles or doubles.

Other Sports Leagues

At Coolbet, bettors have a wide variety of sports to choose from, ensuring that they never get bored.

Coolbet offers a wide variety of sports to bet on, including soccer, curling, golf, tennis, MMA, eSports, Australian rules football, volleyball, boxing, cricket, cycling, darts, disc golf, floorball, Formula 1, futsal, handball, horse racing, NASCAR, rugby, squash, and winter sports like cross country skiing. Additionally, you can place bets on political events such as international presidential elections.

Coolbet also offers a unique Canadian option with USports football games, which is the equivalent of NCAA college football in Canada. While the market is limited to ML, spread, and O/U options with no alternate lines available like in NCAA, the fact that it is offered sets Coolbet apart from other sportsbooks.

Online Betting Experience

Website Experience

Coolbet’s desktop layout simplifies navigating to popular betting markets. A featured “Match of the Day” is prominently showcased, while popular sports such as NFL and MLB are conveniently located in the left side menu for easy access.

The sports and live betting sections highlight important upcoming games, while live games are easily sorted using emojis at the top. Signing up was a breeze with my debit card, allowing me to make a deposit and claim my bonus in just a few minutes.

There is a search option available to assist you in locating the desired bet. I tested out the search function by entering two terms, “Pittsburgh Steelers team total” and “Connor McDavid.” The results displayed the upcoming game between the Cleveland Browns and the Steelers, which was somewhat disappointing as I could have easily found that information on my own. Additionally, the search also yielded games involving the Pittsburgh Pirates and NHL futures for the Pittsburgh Penguins.

During my second search, I quickly found the odds for Connor McDavid’s potential wins in the Rocket Richard, Art Ross, and Hart Trophy races at the top of the page. The search also included information on potential Connor McGregor fights and a matchup between the Miami Dolphins and Buffalo Bills due to a Connor Williams anytime touchdown bet. While it is commendable that Coolbet has implemented this feature, there are still some improvements that need to be made.

Coolbet’s reputation for transparency is based on several features, with the most important one for bettors being the “turnover” feature. By clicking the button below the odds, users can see the amount of money wagered on a specific event.

While it does have some restrictions, such as only displaying betting trends for ML bets and not providing information on the O/U or spread amounts, this tool represents a significant advancement in offering valuable data for bettors that is not available from other sportsbooks.

Mobile Betting and Betting App

Coolbet’s mobile website effectively replicates the layout of the desktop version.

To access the Casino and poker options, simply use the menu on the left side. Popular markets are displayed prominently once the page loads. However, finding smaller or less popular markets can be challenging. I had to use the search feature to locate their NBA futures market, but accessing upcoming events and live bets was easy. The first time I logged in, I had to verify my identity through text, but the process was seamless after that.

Currently, Coolbet does not offer a betting app for iOS or Android devices.

Live Betting

The “Livebet Lobby” at Coolbet offers a wide range of events for betting. While I would prefer it to be organized by league rather than just emojis at the top, the most popular sports are typically highlighted first. Additionally, you have the option to favorite live matches for easy tracking and quick betting opportunities.

Casino, Poker, & Other Gaming Options

Coolbet has you covered if you prefer casino games and poker. They offer games from nearly 70 providers, with over 2,500 slots, 59 table games, and 28 jackpot games to choose from.

There is a wide variety of Live Casino options available at Coolbet. With 41 live roulette tables, 241 live blackjack tables, 64 baccarat games, and 35 other live games, players have plenty of choices. Users can easily filter live games by game type, minimum bet, and language, while casino games can be filtered by provider, RTP, features, max win multiplier, and game type.

Coolbet History

Jan Svendsen founded Coolbet in 2016, starting out by providing sports betting and casino choices to Estonia and Scandinavian countries. They are now under the ownership of GAN Limited, a publicly traded online gaming platform (NASDAQ: GAN) with a strong track record. GAN has been collaborating with international companies for two decades, delivering top-notch business-to-business services.

They played a key role in FanDuel’s expansion into the regulated gaming markets in the U.S. in 2018 with the launch of the sportsbook in New Jersey. Additionally, they have collaborated with other prominent gaming operators including Penn National Gaming (theScore Bet and Barstool Underscoreg parent company), Wynn Resorts, and others.

Customer Ratings & Reputation

Coolbet has successfully established a strong reputation in the province.

Coolbet provides markets on popular events for Ontario bettors such as the World Junior Hockey Championships and maintains a strong presence on social media. Its esports market is highly popular with bettors due to its advantageous lines, and customers appreciate the competitive margins offered on a variety of major sports. Coolbet is also recognized for its sponsorship of Andre De Grasse, the current Olympic champion in the 200-meter sprint.

Some of the complaints include the absence of teasers for NFL betting, difficulties in depositing funds through Gigadat eTransfer, lower betting limits for less popular sports like NASCAR, and the absence of live streaming options.

Customer Service

You can contact Coolbet via live chat or email. I noticed that the live chat was highly responsive, with the customer service representative addressing my questions within a minute of initiating the chat. This option is quicker and more convenient than sending an email.

Coolbet Contact

• Live chat
• Email: [email protected]
• Twitter: @CoolbetCanadaFacebook

Coolbet Legal Betting

Coolbet_Regulated is overseen by both the Alcohol and Gaming Commission of Ontario and iGaming Ontario in Ontario.

Responsible Gambling

Below is a list of responsible gambling resources that we recommend for Coolbet Ontario players:

• ResponsibleGambling.org: The Responsible Gambling Council (RGC) is a respected, independent non-profit organization. They have been a leader in preventing problem gambling in Canada and globally for more than 35 years. Operators in Ontario are required to register with RGC to operate in the province.
• ConnexOntario: ConnexOntario provides service information for people experiencing problems with gambling, drugs, alcohol, or mental health. Helpful, supportive system navigation specialists answer all calls, emails, or web chat requests 24/7. Call 1-866-531-2600 for more info.
• BeGambleAware.org: offers free, confidential help and support to anyone worried about gambling for themselves or others.
• Gambling Therapy: a global service provided by Gordon Moody offering free emotional support and advice to anyone affected by gambling.

Why Choose Coolbet?

Look beyond the polar bear theme and the lack of initial name recognition and you’ll discover that Coolbet excels in many areas.

The platform excels in providing uniquely Canadian betting markets, with highly competitive odds in popular markets such as the NFL and NHL. While the turnover feature is basic, it can offer valuable insights for those who are able to interpret it effectively.

Experienced bettors may find the limits frustrating, but for newer Ontario bettors seeking to try out a different sportsbook, Coolbet is a top choice.