What do betting odds actually mean and what is the difference between American, decimal, and fractional odds? These questions and more are covered in our guide.
Sports betting guides
It’s important to be fully aware of how to bet, what you can bet on, and exactly what needs to happen for your bet to win. BET.CA is here to help with our detailed and informative betting guides, which cover a wide range of topics, from what different betting markets mean to which are the best sports to bet on, and the betting rules and legislation for your province. Take a look and begin your journey to becoming a better bettor.
The moneyline is one of the most popular yet straightforward markets in sports betting. Learn about how to bet on the moneyline and how it can provide value.
The point spread is a fun market that allows you to bet on the margin a game will be won or lost by. Find out about point spreads, and why they’re popular in high-scoring sports.
Futures offer markets for the season’s biggest talking points, such as which team will be crowned champions and who will be MVP. Learn about how to place futures bets.
If you like the idea of a bet featuring multiple selections and boosted odds, then parlay wagers are for you. Our guide gives you the lowdown on how to place them.
Totals or over/under betting allows you to predict how action-packed a game will be without actually having to guess the winner. Learn about how to bet on the total.
Prop bets offer interesting markets for almost anything that can happen in a sporting event not directly linked to the final result. Discover how to place a prop bet.
Betting in Canada
Check the latest on which provinces in Canada offer online sports betting and single-game betting products, so that you know what’s available where you are.
The legalization of single-game betting has revolutionized sports wagering in Canada. Find out more about what this means and the new markets you can bet on.
Are you looking to get started in sports betting? Read our beginner’s guide for everything you need to know ahead of placing your first bet at a sportsbook.
What are the best and most popular sports to bet on for bettors in Canada? Find out with our rundown of Canada’s top sports, including hockey, football and basketball.
How can you ensure that your sports bets are in the best possible position to win money? Our detailed guide has top tips and advice to help you out with your wagers.
If your bet looks likely to lose, you can use hedging to minimize your loss or even lock in a guaranteed profit. Find out more about how and when to use it.
Arbitrage betting lets you take advantage of the difference between two sportsbooks’ odds for the same market. Read our guide to become an arbing expert.
Matched betting is a guaranteed way to make money from sports betting through taking advantage of free bets. Find out about how you can do it.
Do you hate it when your parlays lose because one selection fails? Discover how you can use round robin betting to get around this and improve your chances.
Every sportsbook has “the vig” or “juice” for all of their odds. Find out more about how this works and why you should bear it in mind for your betting decisions.
All betting guides on BET.CA are written by in-our house team, who have over 40 years’ experience in the sports betting and gaming industries, and have worked and written for several of the world’s leading sportsbooks. They possess in-depth knowledge of betting markets and strategies, as well as an understanding of what is important to bettors, meaning you can read on with the confidence that they will help improve your betting.
Getting started with sports betting
Looking to place your first ever sports bet? Check BET.CA’s step-by-step guide for how to bet on sports to find out how to get set up with a sportsbook, deposit funds, and decide what to bet on. We also run through how sports betting odds work and how to use picks to help with your bets.
Learn more about sports betting markets
BET.CA has detailed guides for the most common and popular sports betting markets, including:
Moneyline: Probably the most well-known and straightforward betting market around, it simply involves wagering on a team or player to win a match.
Point spread: Betting the spread involves predicting whether a team will win or lose a match by a margin specified by the sportsbook.
Total or over/under: This market requires you to predict whether the number of points, goals, or runs in a game will be over or under the total specified by a sportsbook.
Prop bets: Prop bets are fun markets that focus on things not related to the final outcome of a game. These can range from how many runs a player will score in a MLB match to how long the national anthem will be at the Super Bowl.
You can learn more about each of these markets using the links above.
Single-game vs. parlay betting
Following the legalization of single-event sports betting with Bill C-218 in 2021, Canadian bettors now have the option to enjoy single-game wagering for the first time and no longer have to build a parlay with a minimum of three selections in order to place a sports bet.
As a result, it’s important to understand the difference between single-game and parlay betting, and the advantages to both. If you enjoy betting on certain teams or games at specific times, you may want to check out our single-game betting guide, while sports fans who like following multiple matches at once can learn more about parlay betting.
What are the best sports to bet on?
For many sports fans, betting adds another layer of enjoyment to following Canada’s biggest sports and unsurprisingly, the most popular sports and events in Canada to watch are also the most popular to bet on. These include hockey (NHL), football (NFL), baseball (MLB), basketball (NBA), and soccer.
Read our guide to the best sports to bet on for more information about each of these, including popular leagues and competitions, which markets are available, and notable Canadian teams.
What is the juice/vig?
Many bettors may understand how odds work and what different markets mean, but they may not know what role the “juice” or “vig” plays in this. The vig is essentially the house edge a sportsbook gives themselves to ensure they make money from the odds they offer, meaning it can have a large impact on your betting and the value and payouts you can get from odds. Read our guide to the juice/vig to learn more about this, including how you can work it out and remove it in order to see a sportsbook’s “true odds.”
Betting rules in your province
Regardless of what sport or market you’re betting on, you need to ensure that you’re up to speed with the betting rules and legislation for your province. These vary across Canada on factors including whether single-game betting is legal, which sportsbooks are available, and how old you must be to place a bet.
BET.CA has all the rules and regulations for every province in one place with our Canada betting guide, so you can check what you can (and can’t) wager on before heading to the sportsbooks.
Tips for sports betting
As any bettor will tell you, your bets won’t win every single time and there’s no way of guaranteeing that they can. However, there are many helpful tips and points you can remember to place your bets from the best possible position.
Our how to win at sports betting guide runs through these, including how to find your betting niche, locate the best odds around, and other useful tricks and techniques. No matter how long you have been betting on sports, remember that there will always be more you can learn.