Ontario iDebit Sports Betting & Casino Sites 2024

iDebit is losing market share in Ontario, as fewer and fewer brands offer it, moving instead for other bank debit services like Trustly.  Some brands in Ontario still support iDebit.  A long-time holdover from the old "grey market", iDebit allows Ontario players to make instant and secure online bank transfer deposits to top tier legal Ontario sportsbooks & casino sites, while also facilitating player account withdrawals. Only our #2 sportsbook and casino, Betway still supports it. Two of our top recommended casino-only brands also support iDebit, in JackpotCity and Spin Casino. Find them below with links to their respective reviews. We also outline how iDebit works, answering FAQs on fees, timelines, minimum and maximum deposit levels, which banks support it. We even compare iDebit to Instadebit.

How does iDebit work with Ontario gambling sites? Is it an e-wallet?

iDebit allows people in Ontario with personal bank accounts to make secure bank transfers to supporting merchants, which includes several licensed online gambling operators. You do not need an account with iDebit to get started, as you may complete your first transfer via iDebit as a guest.  From the cashier area at your chosen betting or casino site, select iDebit. You then indicate the amount you wish to deposit. Select your financial institution from those shown to you (we discuss which banks are supported below). Then, you may securely login to your online banking as prompted, and follow the screens to confirm the bank transfer. 

After you fully set up your iDebit account, you will be able to use it to withdrawal and hold funds from your chosen legal Ontario gambling site. Once funds are in your iDebit account, you can withdraw them back to your bank, or use the funds toward payments or deposits to other iDebit merchants or Ontario gambling operators. 

Thus, iDebit is not an e-wallet, because you do not pay into iDebit directly initially, and then make payments from your account with them. For your initial deposits, they facilitate secure payments from your bank, where they are merely the conduit for your payment. Their ability to receive player account withdrawals into your iDebit account makes it feel like an e-wallet service, when technically, it is not.

Which banks does iDebit support in Ontario?

iDebit works with personal bank accounts at BMO, CIBC, Desjardins, National Bank, RBC, Scotiabank, Simplii Financial and TD Bank. If you are with a regional bank, online-only bank or credit union that is not listed, but you like the sounds of the essential service, scroll down to read our section that compares iDebit to Instadebit. We also provide links to other popular Ontario online gambling payment methods, so you might find a good alternative.

What are the fees to use iDebit with gambling sites in Ontario?

Signing up with iDebit is free.

iDebit charges a $1.50 fee when you make a payment from your bank account via iDebit.

If you make a payment to an iDebit-supporting gambling site from your iDebit account balance, there is no fee, this style of payment is free of charge.

When you process a withdrawal from your Ontario gambling sites to iDebit, there is no fee to receive funds. It will land in your iDebit account balance for free.

If you withdraw funds from your iDebit account balance to your bank account, there is a $2.00 fee.

Note that your bank may or may not charge their own fees as related to your iDebit transactions. Check with your bank if concerned about their associated fees.

How long does it take for iDebit transfers to land in my player account?

When you use iDebit to make a bank transfer, or you make a payment directly from your iDebit balance to an Ontario online gambling provider, the funds should land instantly. On rare occasions, it could take a few minutes.

How long do withdrawals take when using iDebit?

When you withdraw funds from your betting or casino site with iDebit, the funds always go back to your iDebit account. iDebit does not facilitate direct withdrawals from your player account to your bank account in the same manner as their deposits, where they act as a secure conduit for your bank transfer payment.

Gambling site withdrawals to iDebit should land within about 24 hours or one business day. To then withdraw those funds from your iDebit account to your personal bank account, it can take up to five business days, but this is the maximum time it should take. Most withdrawals to your bank should land within a couple of days.

What are the minimum deposit levels with iDebit to gambling sites in Ontario?

In general, minimum deposit or withdrawal transaction limits tend to be in the $10 region for iDebit. Some operators may have it set at $20.

What are the maximum transaction levels with iDebit to gambling sites?

Maximum value limits can really vary between operators when it comes to iDebit deposits or withdrawals. At the moment of writing, On September 2, 2023: 

bet365 allowed iDebit deposits up to $5,000, and withdrawals up to $9,999.

Betway allowed iDebit transactions up to $3,000.

Sports Interaction allowed iDebit deposits up to $1,000.

How does iDebit compare with Instadebit in Ontario?

From a player perspective, iDebit and Instadebit function in the same essential way. They allow people to make secure & instant online bank transfers as deposits to online gambling providers that offer them as banking methods. Their respective customer accounts also allow people to withdraw funds back from player accounts so that funds may be forwarded to the original bank account, or be used for payments to other supported gambling providers. Here are the three key differences in their services:

1) Maximum transaction value: If you were to compare the maximum transaction size allowable at our various recommended operators with iDebit, that figure will be significantly lower than the same figures for Instadebit, if both methods are available at the same operator. This won't affect most players. However, if you might want to move larger sums of money, whether in or out of your player account, iDebit tends to be able to move less money per transaction than Instadebit.

2) iDebit more widely offered: iDebit remains one of the most popular payment methods across legal Ontario gambling sites. While Instadebit was at one time very popular and available at nearly every major operator that served the former "grey market", fewer brands support Instadebit now in the legal Ontario market. The count of sites that still support iDebit payments remains high.

3) iDebit works with fewer financial institutions: As we indicate above, iDebit works with personal bank accounts held at just nine banks. Instadebit however, works with personal bank accounts at essentially every financial institution in the province, which includes regional banks and credit unions. So if you are with an Ontario credit union, regional or online-only bank, Instadebit will work for you, but iDebit will not.

Does bet365 Ontario accept iDebit?

No. bet365 Ontario no longer accepts iDebit. 

Does Betway Ontario accept iDebit?

Yes. Betway Ontario supports iDebit. As a gaming brand that was a staple within the former "grey market", iDebit was a key method in the past, and continues to be one now.

Does Sports Interaction Ontario accept iDebit?

No. Sports Interaction Ontario no longer offers iDebit as a deposit and withdrawal method.

Does ComeOn! Ontario support iDebit payments?

No. ComeOn! does not support iDebit payments in Ontario toward their casino-only operation in the province.

Does Unibet Ontario accept iDebit?

No. Unibet does not accept iDebit in Ontario. They accept debit, credit, Interac and Instadebit.

Does BetVictor Ontario support iDebit payments?

No. BetVictor does not accept iDebit in Ontario. They accept Interac, debit & credit cards and paysafecard.

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