Canadians will no longer be able to place wagers on the site after January 14th, 2016, and all pending wagers will be voided out. Players are being urged to clear out their accounts before this time in order to beat out any potential issues that may arise.
The announcement was made via an email to the company's Canadian punters and read: "We are sorry to inform you that as of 14th January 2016, Betfair's products will no longer be available to residents of Canada."
"On 14th January 2016 Canadian residents will no longer be able to place bets and Betfair shall close it's website. All outstanding Sportsbook bets will be cancelled, you will no longer be able to place new exchange bets and all gaming products will be blocked. Please note that all outstanding Exchange bets will remain in place until 14th January 2016, so please ensure you manage any positions you have open in advance of this date."