Gain an Advantage by Finding Bookmakers with the Best Odds Online

The most successful sports bettors look for any advantages they can get. Even a small edge can have a huge impact on a bettor’s bottom line. One of the most important components of any sports betting strategy is getting the best possible odds online.

While the difference between one bookie’s odds and another bookie’s odds may only be a penny or two, those pennies add up over time and can be the difference between making a profit and losing money. It also helps if your bookmaker gives you access to the most betting markets. If you want to find out which bookmakers offer the best odds, look no further.

Odds and Betting Markets

Bettors didn’t have a lot of wagering options before the internet came along and revolutionized the industry. Whether you used a back-alley bookie or placed your wagers at legal betting outlets, few bookmakers offered up much more than moneylines, spreads, and totals. They also didn’t cover nearly as many sports as they do today.

These days, the best bookmakers offer a huge selection of odds online for almost any sport you can think of. Many even offer odds on entertainment props and eSports. It’s not uncommon for modern sportsbooks to have hundreds of betting options. Check out the bookmakers listed below. They offer great odds online on the most sports betting markets.

Popular Sports for Canadians to Wager on

Canadians love betting on a wide range of sports. Thanks to modern technology, they can easily follow and wager on sports and leagues all over the world. Still, there are certain sports that are more popular than others. Let’s take a look at some of them and find out about the types of bets they attract.

Football

To clarify, we’re talking about European football here. You may know it as soccer. As you may or may not know, football is the most popular sport on the planet. There are professional football leagues all over the globe and they generate a huge amount of betting action. One of the most popular and easiest football wagers is the two-way moneyline bet. With this type of bet, you simply need to pick the winner.

There are also several types of prop wagers that are specific to football. For example, you can bet on the Over/Under for the number of corner kicks or the number of red or yellow cards issued. The best bookmakers often give you well over 100 different betting options to choose from.

Basketball

While the NBA is likely the first thing that comes to mind when thinking about basketball leagues, there are dozens of other leagues operating throughout the world. The most highly rated bookmakers cover many of them ranging from NCAA hoops and the WNBA to foreign leagues like the PBA and France’s LNB. Like almost every other sport, basketball comes with a variety of betting options that are specific to basketball.

Sure, you can bet the standard moneylines, spreads, and totals, but you can also bet on props such as the number of rebounds, free throws, and fouls. Many bettors also love playing teasers which are essentially parlays with adjustable spreads and totals. Of course, the NCAA’s March Madness Tournament attracts a massive amount of betting action from Canadian sports betting enthusiasts. Bookmakers post future odds online well in advance of the tournament.

Tennis

Tennis is an interesting sport in that it has an impressive female fan base. Unlike betting on most major North American sports, tennis bettors can engage in their favorite pastime all year long. There is usually a tennis competition going on somewhere. Bettors can wager on a certain player or twosome to win a tournament or they can bet on individual matches.

You can bet on who will win a particular set or wager the Over/Under on the total number of sets played in a match. The possibilities are nearly endless. Bookmakers offer dozens of betting options for major tennis events. Of course, most sportsbooks give bettors plenty of live betting options too. You can find loads of live betting odds online in a bookmaker’s live betting section.

Hockey

There’s no doubt that hockey has mass appeal in Canada. While the NHL is widely regarded as the best league in the world, it isn’t the only one. Aside from foreign professional leagues like the KHL, DEL, and Liiga, many Canadians are keen on junior and collegiate hockey. The OHL, AHL, WHL, and NCAA are quite popular among bettors. No matter what league you are a fan of, the best sportsbook has it covered.

They offer odds online for a plethora of betting markets. You stand to win a nice payout if you correctly predict an exact score, winning margin, or one of the many player props. One of the more popular hockey bets is the puckline bet which is basically a spread bet. A lot of hockey bettors also like to pick regulation ties on the three-way moneyline. Those can pay off nicely too.

eSports

You might be surprised to learn that some eSports are even more popular than many traditional sports. While bookmakers were initially hesitant to jump on eSports, games like Dota 2, League of Legends, Call of Duty, and many more, they are now standard offerings at sportsbooks. ESports have added a lucrative revenue stream for bookies.

You can find eSports odds online at almost any bookmaker. Like traditional sports, you can wager on moneylines, spreads, totals, and dozens of prop bets. ESports are also like traditional sports in that they offer betting opportunities that are specific to each individual game. They even draw massive viewing audiences on various platforms like Twitch and YouTube.

Golf

Golf has experienced a significant surge in popularity over the past couple of decades. Some point to the rise of Tiger Woods in the 1990s as a catalyst while others feel that the increase in popularity has to do with an increase in female fans. Regardless, golf tournaments draw millions of spectators and millions of dollars worth of wagers. Like other individual sports, bettors can wager on outright winners.

Most bookmakers offer moneyline bets and spreads on randomly paired competitors. You can earn a sweet payout if you correctly predict a player’s score or the number of birdies they get. Many things can occur during a round of golf and bookmakers offer odds online for a lot of them.

Horse Racing

Known as the Sport of Kings, horse racing is one of just a few major sports that run all year long. Even countries that have strict anti-gambling laws make an exception for horse racing. Not only do the top bookmakers cover hundreds of horse races almost every day, but many of them run ongoing promotions explicitly for horse race betting. An example would be a promotion through which you would still win your bet even if the horse you bet on to win finished second.

The types of horse race bets are quite different from the bets you make in other sports. This is especially true when you get into the exotic bets like exactas, trifectas, and daily doubles. People like these types of bets because the potential payouts can be huge.

Handball

While handball isn’t the most popular sport in Canada, it still has a sizeable fan base. A lot of people play it too. In 2016, the sport had an estimated 27 million active players. Canadian handball players like Ryan Bowler and Shane Vigan have won bettors some money over the past few years. In addition to moneylines and spreads, handball bettors wager on such things as 1^st half results while 2^nd half wagers are popular among those who enjoy live betting. Of course, lots of people like betting on totals when they see good odds online. Because of its global appeal, a variety of handball bets are offered at most online sportsbooks.

American Football

Few sports dominate the North American betting scene like football. It’s been that way for decades. While many consider the NFL as the cream of the football crop, there are quite a few Canadians who would argue that the CFL is the superior product. Of course, we can’t forget about college football in the United States. We’ve even had brief encounters with other professional football leagues such as the ill-fated AAF and XFL versions one and two.

Many people firmly believe that American football would not exist if it wasn’t for gambling. They claim that gambling is the biggest reason why so many fans are interested in it. Whether this is true or not, the fact remains that bookmakers continue to post their odds online and they accept millions of dollars worth of wagers during football season. The best bookmakers give bettors well over 100 betting options on a single NFL game.

Formula 1

The popularity of formula 1 has grown in leaps and bounds since its inception in 1950. A Formula 1 season consists of several races that are held at various racing venues throughout the world. For instance, the 2021 Formula 1 season will feature 23 races between March and December. As such, you can bet on Formula 1 most of the year. Bookmakers give bettors a great selection of betting options.

Wagering on the winner of a race is one of the simplest wagers you can make. As it is in horse racing, the posted odds online usually feature several long shots that can pay handsomely. And you can bet on much more than who wins the race. You can bet on who has the fastest lap, who wins the final qualifying session, and several other propositions.

FAQs

How do you successfully bet on sports?

Unless you’re like Arnold Rothstein and have the ability and financial resources to fix a sports match, there’s really no way to guarantee that you’ll win a sports bet. That’s why it’s called gambling. However, successful sports bettors employ various strategies. On top of knowing the sports they bet on and studying matches in depth, profitable bettors manage their money well and they always get the best odds possible.

How can I make money out of betting?

There are no guarantees. Those who make money from sports betting usually stick to a multi-faceted strategy. The most sure-fire way of making money is obviously picking winners. If only it was that easy. One way to get off to a good start is by finding the best bonuses and taking advantage of ongoing promotions. It really helps if you have luck on your side too.

What are wagering requirements and how do they affect sports betting bonuses?

Sports betting bonuses usually come with wagering requirements. These requirements usually refer to the number of times you must wager through your bonus money before you can cash it out and put it into your pocket. For example, if you got a $100 cash bonus with a 5X wagering requirement, you would have to place $500 worth of bets before you could withdraw that $100. The higher the wagering requirement is, the tougher it is to satisfy the conditions which makes it harder to turn the bonus cash into real cash.

What is the best sports bonus?

The best sports betting bonus is the one that suits you best. Some bonuses are aimed at big bettors who won’t think twice about depositing thousands of dollars. A small-time recreational bettor won’t likely get the best value out of such a bonus. Conversely, a high roller won’t be too attracted to a $100 bonus when they plan on depositing $10,000. You definitely want to find the bonus that gives you the most value.

Is there a limit to how much I can win betting on a game?

Most bookmakers put limits on the amount of money you can win on a sports bet. You will usually find that these limits vary depending on the sportsbook. Bookmakers typically have different win limits for different sports. For example, your bookmaker might have a $250,000 win limit on EPL football and a $100,000 win limit on handball.

What are parlays?

Parlays are bets that consist of two or more selections on a single bet slip. For example, you pick the Winnipeg Jets, Pittsburgh Penguins, and the Toronto Maple Leafs on the same ticket. You need all of your predictions to be correct to win. While you have a bigger chance of losing with parlays, the potential payouts can be massive.

Conclusion

Sports betting was very popular in Canada long before it was legalized. Canadian sports bettors are fortunate because they have so many great bookmakers to choose from. Not only can they legally wager at international sites, but many provinces also have government-operated bookmakers that offer odds online.

While many people dream of being the next Frank Rosenthal, it’s important to view sports betting as a form of entertainment. Very few people are fortunate enough to do it for a living. Still, if you get the best odds, take advantage of bonus offers and promotions, and exercise strict money management, you’ll give yourself the best chance of making money.