American Express Betting Sites in Canada (Amex)

Sports betting is becoming more popular by the second all over the world and it’s the same case in Canada! That’s right, hockey isn’t the only sport to rule the stadium in the cold yet scenic country. Rather, there are numerous sporting events that attract many viewers as well as bettors from across the world!

With so many sporting events to choose from and figuring out what strategies are better for the win, bettors often forget about one main thing. The payment method. While choosing a payment method may seem like a mundane task, it can make or break your betting experience! That’s why we’re here today to give you an all-in-one solution.

American Express betting. Yes, you’ve read right. The financial giant is here to provide a safe and simple means of payment for all your betting needs. We’ll cover all the best American Express betting sites, what they have to offer, how to get started with American Express and much more. If you’re interested to find out more, then keep on reading!

The Best Betting Sites in Canada 2023

Expert Rating
Welcome Offer
  • Generous welcome offer and ongoing sports promotions
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93 Payout Ratio
  • Generous welcome offer and ongoing sports promotions
  • Good selection of sports
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Vulkanbet Review
19+. Gambling can be addictive, please play responsibly: This promotion offers three different bonuses: 100%, 125%, and 150% of the deposit total. • Opt-in required • Terms apply
  • Streamlined and simple user interface
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  • Huge variety of sports & betting markets
93 Payout Ratio
  • Streamlined and simple user interface
  • Excellent new user bonuses & daily bonuses
  • Huge variety of sports & betting markets
Spin Sports Review
19+. Gambling can be addictive, please play responsibly: 1st Deposit - Free Bet up to C$ 200 • New customers only • Min deposit C$ 10 • Wagering at odds of 1.3+ to unlock free bet • Opt-in required • Terms apply
  • Live Streaming
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93 Payout Ratio
  • Live Streaming
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Ivibet Review
19+. Gambling can be addictive, please play responsibly: This offer is only available to new players who made their first deposit and selected this offer as a welcome bonus. All players must be 18+ years old and of legal age to gamble.
  • Fast Withdrawals
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93 Payout Ratio
  • Fast Withdrawals
  • Competitive Odds
  • A Full Range of Sports and Betting Markets
Slotimo Review
19+. Gambling can be addictive, please play responsibly: This offer is only available to new players who made their first deposit and selected this offer as a welcome bonus. All players must be 18+ years old and of legal age to gamble.

What is American Express?

Chances are you’ve heard of American Express. If you haven’t, where have you been all this time? But don’t worry because we’ll give you a summary of the company to get you started.

  • American Express or Amex in short, sits among one of the most popular credit cards in the world.
  • The company started back in 1850 and started as a freight forwarding company.
  • They have over 150 years of experience in this sector and have proven to be a favourite among customers.
  • The payment card provider issues businesses and individuals with credit cards.
  • Their credit cards have also become very popular in the online sports betting scene.
  • Some very reputable American Express betting sites in Canada that accept this method of payment.

How Does American Express Betting Work?

Before we get into American Express betting sites, we need to understand how this system actually works. American Express is a company that issues credit cards to businesses and individuals. They also issue prepaid debit cards, gift cards and travel services.

When a customer applies for a card, Amex makes an offer of credit. This credit line is directly from American Express itself and not from any bank or other financial institution like other credit cards. There are many types of Amex cards for customers to choose from. When a customer uses their Amex card for payment at a store, the transaction is sent directly to American Express. The payment is then made directly to the store by Amex for the amount charged by the customer.

There may be some processing or additional fees to this transaction. Other card services usually send the charge to your bank and then the bank will pay the charged amount to the store. As for payments, customers can make direct payments to American Express after making a charge. You can have direct communications with Amex when it comes to paying your credit card bill.

History of American Express

History of American Express

American Express started its journey back in 1850 as a freight forwarding company. In the late 19th and early 20th centuries, the company dabbled into the world of commerce and introduced new financial products.

And thus, the magic began.

By the 1950s, they introduced their charge card. Through this card, customers could make easy and convenient payments whenever they needed. Ever since then, they have continued to bring more innovations in their cards and tried to create products with customers in mind.

Their credit cards have revolutionized the financial sector and give customers the chance to have direct communication with the card provider. They also have several other benefits for customers which explains why customers have stuck to this company for so long!

American Express is now a leading financial and travel service company with services spanning across more than 40 countries worldwide. They also had a publishing division that produced magazines such as “Travel & Leisure” or “Food & Wine”. However, these were sold in 2013 to Times Inc.

American Express Betting in Canada

Much like all over the world, American Express is a widely accepted payment method in Canada. Over 90,000 places in Canada have started accepting Amex cards in 2019 alone. So, there’s a good chance your store of choice also has this infamous form of payment.

You can also use the American Express Maps website to check out if your store of choice carries American Express. It’s a nifty tool and can help you stay prepared in case the store doesn’t accept Amex and you have to take cash. American Express cards allow for membership rewards, shopping coverage and insurance, exceptional service and much more. These benefits aren’t only applicable when you’re shopping online but also when you’re betting online!

In the U.S, the government has restricted the use of credit cards in online gaming but if you’re in Canada it won’t be a problem! There are many reputable American Express betting sites in Canada that accept this mode of payment without any hassle.

Advantages of American Express Betting

If you’re thinking about playing in American Express betting sites then you may be in for a treat! There are several advantages of using Amex in both normal shopping and online betting. Let’s explore some of them below!

Enhanced Transaction Security

American Express prides itself on its enhanced transaction security and rightfully so! Every transfer that is made is individually verified and approved to ensure security. They have anti-fraud systems to fish out any suspicious activity that may occur during transactions to make sure your personal information is always kept safe.

Instant Deposits

With American Express betting, you can help to see instant deposits into your betting account. They facilitate instant sportsbook deposits for all their customers and can help you cut back on the waiting time. Many punters usually use American Express cards to take advantage of this feature as other payment methods may take significantly longer.

No Transaction Fees for Sportsbook Deposits

We love a payment method that isn’t going to charge us extra for making deposits! American Express betting doesn’t ask for any transaction fees for most sportsbook deposits. However, there is an annual and advance fee that may be applicable for Amex card users.

Higher Deposit Limits

In comparison to other payment methods, American Express cards allow punters to make larger deposits as the maximum deposit limit is higher. This can be great for high-rollers who want to go big or go home!

Mobile App

You’ll be happy to know that American Express also has a mobile app to make your payment experience even more seamless! The app is available on both Android and iOS. It allows punters to make deposits into betting accounts when they’re on the go. There are additional features on the app so be sure to check it out yourself!

Eligibility for Welcome bonus

Playing in an Amex betting site can also help you land a welcome bonus! When you sign up or register with an online sportsbook and choose Amex as your preferred mode of payment, you are likely to be eligible for their welcome bonus. Other than the welcome bonus, there may also be other bonuses and promotions that are exclusive for Amex users.

24/7 Customer Support

You’ll feel a lot more at ease when you know you can contact your financial institution whenever you need. If you’re going to play on American Express betting sites, this may be the case for you! Amex is known to have excellent customer service who are available round the clock to aid you in any kind of problem. You can contact them through a live chat, email or phone.

How Does American Express Perform in Betting?

How Does American Express Perform in Betting

American Express works just as seamlessly in betting sites as it would in practically any other situation. Like we said above, Canadian users will notice that this form of payment is widely accepted in reputed online betting sites.

With the fast deposits, little to no deposit fees and reliable service, Amex should be your number one choice!

The first thing you need to do is find out whether your online sportsbook of choice has Amex or not. You can also check out the list mentioned above to see the best American Express betting sites in Canada. Once you verify that the betting site does take Amex, the rest of it is the price of cake!

To get things started you need to navigate to the payment options in the online betting site. There should be a cashier/banker section, that’s where you should be headed. Among the list provided to you, pick out American Express.

Note that sometimes the American Express option is oftentimes crumpled up with other methods in the “Credit Card” section. So, if you don’t find it independently, look for it there.

Once you do find it, you can simply fill out your card details and link your card to the American Express betting site. And voila! You’re done with one of the main steps in just a few minutes!

How To Deposit and Withdraw at American Express Betting Sites

We’ve given you a brief rundown of what American Express is and how it’s the best option for you. Now, let’s go a bit in-depth into how to use Amex cards for depositing and withdrawing at the online sportsbook.

How To Deposit at American Express Betting Sites

Let’s start things with depositing at an American Express betting site. Follow the simple steps we’ve mentioned below and you should be on your way to making your first deposit!

  1. Sign into your chosen online bookmaker site.
  2. Click on the “Deposit” option.
  3. From the list of options provided, pick out “American Express”.
  4. Enter your card details, such as the number, expiration date and CVV.
  5. Insert the amount you wish to deposit.
  6. Click to confirm the payment.

How To Withdraw at American Express Betting Sites

One of the main drawbacks of using American Express cards in betting is that you cannot withdraw with these cards. They are only meant for deposits and not for withdrawals. Thus, you need to select another means of payment on the betting site to serve as an alternative.

We’ll discuss some alternatives to making withdrawals at online betting sites so don’t worry. Just keep on reading to find out more!

How Secure Is American Express for Betting?

American Express flaunts itself as one of the safest means of payment and we understand why! Their advanced monitoring systems target and eliminate any fraudulent activity that may occur during transactions.

Amex also uses verification codes for their customers to give added online security. American Express also has a built-in security protocol within their system to keep everything a bit safer for their customers. So, rest assured your data is going to be safe when playing in American Express betting sites!

How To Get an American Express Card?

When setting up an American Express account, you first need to get your card. The process to issue your card is pretty straightforward. We’ll walk you through the process in some simple steps that are mentioned below.

  1. Start by accessing the American Express website and then click on “Cards”.
  2. After clicking on ‘Cards”, you will be given a number of options to choose from a dropdown menu.
  3. Choose the card that suits you. If you want to apply for a credit card, choose “Credit Card” from the personal cards option.
  4. You will then be presented with the most popular types of credit cards. Choose the right one depending on your financial situation.
  5. Once you click on the one you will be taken to a window where you need to submit all your personal details. Fill out all your information and click on “Continue”.
  6. Once American Express has processed and verified your information, they will contact you regarding your application.

Once you have gotten your card and all the necessary information, you can move on to making your American Express betting site account. Just make sure you have all the account information and card information that may be needed when you make the actual payment.

Fees for American Express Betting

American Express is a credit card and this will have fees that are dependent on the plan you have with your credit card company.

There will be an interest rate for using the credit card and there may also be annual fees that are charged. If you don’t clear your payments within a set time, there may be fees for that as well. However, for American Express betting sites in Canada, there are usually no charges for depositing money into your betting account. There may be some annual and advance fees charged when you do Amex transactions.

It would be better to find out all this detailed information from the betting site itself before you march on with your Amex card! You can easily find this information on the terms and conditions page of the online sportsbook.

Alternatives to American Express


mastercard icon

Mastercard is one of the biggest card suppliers all over the world. Finding a Mastercard betting site will be easy in Canada as well as anywhere in the world. With Mastercard, you can also claim bonuses and promotions at the betting site. Payouts can be a bit slow with Mastercard so be on the lookout for that.



visa icon

Another well-known name in the world of electronic payments is Visa. They have been around since 1958 and have provided excellent services to online bettors across the world. Visa is a good alternative to American Express but sometimes withdrawals can take up to 5 business days.



paypal iconPayPal is an e-wallet that is infamous globally as well as in Canada. You can fund this e-wallet with your bank account or card and then use it both online and offline. While this can be a great alternative to American Express, it is said to have slow customer support.



Is It Safe to Use American Express for Sports Betting?

Yes! It is safe to use American Express in your online sports betting. They have advanced security measures that monitor and eliminate any fraudulent activity that may happen during a transaction.

Which Deposit/Withdrawal Method Can I Use When I Use American Express?

With American Express betting, you can easily deposit money into your betting account. However, you cannot withdraw your winnings with American Express and may have to choose another payment method.

Do I Have to Verify Anything, When Using American Express?

You need to verify your identity, your residence and some card details when using American Express. This is for your safety and security when betting on an online sportsbook

Will There Be Any Fees Added When I Use American Express?

So far, we have not seen any additional fees being charged when you deposit with American Express. There may be some fees for the credit card which will be dependent on your financial institution.

What Do I Do If My Payment Is Declined?

If your payment is declined, consider contacting the customer support of American Express. If the problem persists, then you can contact the online sportsbook to find a solution.

How Long Will It Take Before My Deposit Is Received by The Betting Site?

The deposits at American Express betting sites are almost instant. This means that you can top-up your account almost immediately with Amex cards.

How Long Will It Take Before My Withdrawal Is Received by The Betting Site?

American Express betting does not allow for withdrawals. For withdrawals, consider choosing another payment method from the list we mentioned above or anything else you find suitable.


We’ve also rounded up some tips for you to keep in mind when playing at American Express betting sites. We think these tips will help you have a nice betting experience and will also help you stay prepared for any situation.

Take Your Time When Choosing the Best Payment Method for You

Finding the right payment method that will suit you is no easy task. Still, try to understand what you want from the method of payment and what is important to you. Is it the deposit limits or the efficiency of the customer support? Whatever you deem important will play a part in you choosing the payment option that is right for you.

Be Aware of Any Fees That May Occur

Although we said that most betting sites do not have any deposit fees for Amex transactions, it’s always better to double-check this at your chosen site. Some betting sites may have different rules and rates for transactions so be sure to check them on the terms and conditions page.

Make Sure the Site Accepts American Express

It would be foolish to assume that all the betting sites accept American Express in Canada. You don’t want to make an uninformed decision and then see that the betting site you signed up for doesn’t have Amex cards. Thus, do a check on the site to see if they take American Express as a means of payment.

Know The Transaction Limits

Before you go in to deposit an amount with American Express, make sure you are aware of the transaction limits at the betting site. Remember that your deposit cannot be higher than the available credit on the card. There may also be limits set by the online sportsbook to ensure responsible gambling.