Online Sports Betting In Canada

Online betting is a particularly popular activity in Canada. It is about making predictions on various sporting events in different disciplines. Since you are going to bet your money, it is important that you register on the best online sports betting site. To be sure that you are making the right choice, you must first understand how it works, especially the different types of bets that exist. Next, you need to know the criteria to take into consideration before opening an account. Whether it's the various possible predictions, reliability, payment methods, bonuses or technical support. Nothing should be left to chance. Make sure that you will benefit from an optimal experience and that the security of your data and your money is ensured. Here is exactly all the information you need to know before registering on the best online sports betting site in Canada.

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The Different Types Of Online Betting Canada And How They Work

The Moneyline Rating

Also called the American rating, the Moneyline rating is quite different from what we usually find. It is presented in the form of a positive or negative sign and a number (or more precisely an amount). The number actually corresponds to the amount that one could pocket by betting an amount of $100.

For example, if the odds are +150, it means that you have the opportunity to pocket an amount of $150 by betting $100. Insofar as your starting bet will also return to you, you will then win a total of $250.

The system is different with the "–" sign. A negative rating reveals the amount to bet to make a profit of $100. Thus, for a odds of -150, you need to bet $150 to make a profit of $100. A good prognosis will then earn you a total of $250.

The Point Spread Or Point Spread

In the jargon of online sports betting, it is also a question of disability. This is also a very popular rating on the American side. The spread +/- point usually applies for a match for which the main bet is on the victory of the favorite player or the favorite team. With the point spread, you will define the number of points that he will win in addition to the opponent.

In other words, the favorite will inherit a certain handicap (a certain number of points less). Or the underdog starts the match with a certain number of points ahead. In this way, the match is, in a way, more balanced.

The Parlay Bet

Also known as a combination bet or accumulator bet, Parlay betting is aimed at players who have a pronounced taste for risk and who want to boost the base odds. The principle is quite simple: it is a question of betting on several results at once. Be careful, to be able to win the bet, it is mandatory that all bets that have been made fall on the correct result. Even if only one of them is not good, you lose.

The Prop Bet Or Proposal Bet

This way of betting is still little known to the public, but nevertheless makes it possible to claim particularly tempting winnings. The point here is to bet on an event that has no impact on the final outcome of the game.

It can be the person who scores a goal, the team that got the first points, the number of times such an event will happen, the moment when such a fact will take place, etc. In practice, prop bet gives the possibility to predict on any event that can be the subject of a statistic

The Teaser Bet

This is another type of combined bet that is most often used for predictions on basketball or American football. You bet on different selections by benefiting from an adjustment of the point spread that works in your favor.

As is the case with Parlay betting, it is necessary that all selections are winning for you to win. Also, in case of a tie, the match is removed from the combination. In the event that the teaser is assimilated to a single match, this entails the cancellation of the teaser and the refund of the bet.

The Bet On The Total

This way of betting is also known as Over/Under or Plus/Minus. As its name suggests, it is a question of making a prediction on the total goals that will be scored. Two options are therefore conceivable :

  • Over: you predict a result exceeding a number of goals ;
  • Under: you make a prediction about an outcome below a certain result.

The Bet Live Or Live

As we can guess, it is a question here of making live live bets, as the meeting takes place. Online betting sites set up a special window through which players can follow the match. They also find the bets they can place there. The bookmaker usually offers different types of them. It is up to everyone to choose the one that meets their goals.

The Criteria For Selecting The Best Online Sports Betting Site

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Safety is an essential element in choosing a site to make predictions. First, make sure that the platform is installed and regulated. In particular, check that it has an operating license. Also, make sure that specific devices such as SSL encryption systems have been put in place to guarantee the confidentiality of personal and financial data.
Payment Methods
Look for the platform that offers a maximum of payment methods. There is a basic rule to take into account: it should be possible to use the same solution to make a deposit and a withdrawal. So check that the site you are going to select provides several payment methods. Also, find out about the minimum amount to deposit and the maximum amount to withdraw. In addition, the processing time for your requests should be as short as possible.
The Sports Disciplines Available
Compare the proposals of the sites in terms of sports disciplines. The more, the better. Choose a bookmaker that gives you the opportunity to bet on matches in your favorite sports? At the same time, it is more interesting to be able to pray about different tournaments and championships.
The Variety Of Bets
In addition to being able to bet on different sports disciplines, you should also be able to make different types of bets. In addition to the classic prediction on the outcome of the match, in particular which player or which team will win, it is interesting to be able to make other more interesting bets: double, combined, handicap bet or even on the exact score
bonus
A good online betting site should offer different types of bonuses, including the welcome offer for new players, the gift on deposits or rewards for the most diligent and for those who deposit and play big.
Customer Support
Take a close interest in customer support. The team that assists users must be available, competent and responsive. Several ways should be available to contact her (phone, e-mail, chat...). It should be possible to get quick and effective answers. Especially when it comes to sensitive issues.

How To Open An Online Betting Account?

The steps to follow to open an account are quite similar from one online sports betting site to another. Here's what you'll need to do :

  • Choose a reliable and regulated site ;
  • Go to the official website of the online bookmaker ;
  • Click on "Register" ;
  • Fill in the form that appears on the screen with your personal data ;
  • You usually need to provide your email address and choose a strong password ;
  • Once you arrive at your personal account, you will be prompted to authenticate your identity by providing documents ( proof of identity and address ) ;
  • Before you can make predictions, you will be prompted to make a first deposit to your account ;
  • Then go to the betting section. All you have to do is choose the discipline and then the type of predictions you want to make.

Popular Payment Methods With Sports Betting Sites In Canada

An interesting online bookmaker should offer a wide range of payment methods to adapt to the needs and requirements of as many people as possible. Here are the most common solutions adopted by Canadian players :

  • Credit card such as Visa or Mastercard ;
  • E-wallets like PayPal, Skrill or Neteller ;
  • Transfer by e-mail or SMS like Interac ;
  • Cryptocurrency like Bitcoin ;
  • Prepaid debit card like ecoPayz.

It should be noted that players today prefer the most convenient payment methods, especially those that require the minimum amount of information. In particular, they appreciate solutions that do not require them to provide their banking information. Processing times also matter a lot in their choice.

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Tips For Making Online Bets In The Best Conditions

Skip the illegal betting sites

Rule number 1: Absolutely avoid illegal sites. If you have any doubts about an online betting site, go your way. Are you interested exclusively in to legal sites . In this way, you are sure that your personal information as well as your money are in good hands. Then you don't have to worry about withdrawing any of your winnings.

Bet only on the sports that you master

Contrary to popular belief, sports betting is not a game of chance. True, you can select the results at random, but the chances of winning would be very slim. When making predictions about the sport, you need to know not only the discipline, but also the teams as well as their histories and their records. You must carefully study the course of the players and their opponents to make the best choices.

Take advantage of the bonuses and promotions offered

When bonuses and promotions are available, do not hesitate to take advantage of them to make bets for free. This is an opportunity for you to earn money without having to bet a lot. However, be careful to carefully study the conditions and requirements related to these offers to avoid unpleasant surprises.

Manage your bankroll well

It is essential to properly manage your bankroll, that is, the money you have available to bet. First, you should only bet the money that you are willing to lose. Then, it is essential to set limits for yourself, both in terms of gains and losses. As soon as these limits are reached, make sure to stop.

What Is Responsible Gambling?

Responsible gambling is a concept that is close to the heart of operators and which is overseen by organizations specially set up for this. The overall objective is to ensure the safety of the players. Everything is then done to ensure that the game is safe and to prevent the bettors from falling into an infernal spiral. The bookmaker is required to put in place specific measures to avoid compulsive gambling. This can be seen from the ergonomics and use of the site. Then, a rigorous sorting is carried out at the time of connection, minors being excluded in particular. Finally, measures are being taken to prevent fraud on both sides.

FAQ

Is Sports Betting Legal In Canada?
Yes, sports betting is legal in Canada, provided, however, that you practice this activity with legal operators, justifying a license recognized by the Canadian authorities. Note that each province has its own regulations in place and the rules may therefore vary from one region to another.
Are Sports Betting Popular In Canada?
Yes, Canadian players especially appreciate online sports betting. This craze has been reinforced since 2020 when global health circumstances forced many people to stay at home more.
Can We Win Regularly At Sports Betting?
Yes, this is quite possible, provided that you make predictions in the best conditions. In particular, it is essential to carry out relevant studies and analyses before starting.
What Are The Most Popular Sports Disciplines When It Comes To Sports Betting In Canada?
Here are the sports disciplines on which Canadian players bet most often: football or soccer, hockey (NHL), American football (NFL), basketball or NBA, Tennis, but also Baseball.
Can I Get A Welcome Bonus For Registering On An Online Sports Betting Site?
Yes, most interesting sites offer a welcome bonus to newly registered people. This is most often a sum of money to be used to make bets on the platform.
Article by
Rose Kelly
Rose is the person who makes the pages of the site available to you. His role is to choose the contents, assemble them, classify them and format them. Without it, our site would be empty!
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