Prior to its demise, GoldPay was an online banking method that was favoured by quite a few sportsbooks across the world. The premise behind the GoldPay system was that users would deposit funds to their GoldPay account via credit cards or other banking methods and essentially they were buying credits of real Gold. Users would then use those “credits” to deposit into sportsbooks and wager from there.
Since it's shut down because of the relatively recent US laws against online gaming, Canadian sports bettors who used GoldPay as a payment method have had to look elsewhere for banking methods suiting their needs. Thus, bettors will not currently find any GoldPay sites in Canada.
GoldPay Online Race & Sportsbook Handicapping Sites
GoldPay was considered one of the better funding methods when it was around because it was backed by actual quantities of gold. The decision to build an online funding method around this idea was very attractive and it also made transactions between the sportsbooks and their players nearly instantaneous.
All of that went down the drain though when the new online gaming legislation was introduced by the US in the mid-2000s and GoldPay just couldn't remain functional in a rough environment for their product.
However, Canadian bettors can find many other reputable and secure banking methods to get back into sports betting online. There are plenty of great options out there for you, whether you are looking to go the credit card or e-wallet route. Just make sure you do your homework on the method of your choosing and find the best sportsbooks out there that offer a said method to Canadians.