Sports betting

Basic knowledge of how the betting odds work helps make better wagering decisions. Online sports betting is increasingly becoming popular in Canada with many sites offering mouth-watering promotions and odds.

This article explains the concept of sports betting online and how you can get started today.

To make an accurate online sports betting in Canada, you need to know the options available. That way, you play a better hand and win a good amount of money if the prediction is right.

Each of the different kinds of markets has distinct rules and offers various odds. As a bettor, you can expect various outcomes depending on the type of market you leverage. In this section, you’ll find out the several betting markets available for sports bettors.

Game Props

Generally, «props» are used to postulate a sporting event’s potential outcome. The idea is to use other metrics, such as previous game outcomes to predict what the future holds.

Game props is an expansive sports betting market that covers the following:

• The number of corner kicks a team will have.
• The team that wins the match.
• Which team will be leading by the time the game draws into the first quarter?

Also called match event betting, it covers whether the teams would end the game in a draw, the number of penalties missed, whether a player would score an own goal, or the number of offsides.

Moneyline

A popular sports betting market is moneyline. It requires the bettor to choose the team that wins at the end of the game.

Player Props

This is another type of props betting only that this time, it is based on the player’s performance. Player props covers:

• The player(s) to score in a game and the total number of goals, in the case of football.
• Player(s) to be booked.
• The first player to be sent off the field of play.

Over/Under

This market is popular in the Canadian online sports betting space because of the overall representation of the game’s outcome. Typically, the Over/Under market represents the total number of runs, goals, or points between the two teams.

While Over means both teams will exceed the projected line, Under means they’ll perform below the projected odds.

Sports Betting Leagues at Slots City

Betting online has gotten easier in Canada has gotten easier with the novel solutions Slots City offers. Our online betting site allows Canadian bettors to wager on the outcomes of several leagues, including the NBA, NHL, and the upcoming EURO 2024.

Our extensive market and better odds make our platform the best betting website for Canadians who wish to wager on their favorite sports.

Sports Betting Promotions

Slots City offers a plethora of bonus offers and promotions to help new and existing bettors wager with little or no money. These range from deposit bonuses to no-deposit bonuses. Some of the offers on our sports betting site are:

How Betting Odds Work

Odds mean the probability of something happening. In Canada sports betting, it is the value depicting the possible outcome of a sporting event or game.

As a bettor, understanding how all these works will help you figure out the best way to interpret the values. In this section, we talk about the various types of odds.

Fractional Odds

Also called British Odds, these are the odds typically written with a hyphen (-) or a slash (/). Traditional odds like this one posit the potential payout on a successful prediction.

For example, a fractional odd that reads 6/1 means that the bettor gets to receive $6 for every $1 wager that turns out as predicted.

American Odds

Also called the Moneyline, these odds are popular in the United States and Canada. American Odds uses the negative sign (-) to depict the favorites and the positive sign (+) for the underdogs.

For example, if a Canada sports betting site gives the odds as +585 for Pittsburgh and -750 for Steelers, the potential payout would look like this:

• You’d receive a payout of $685 on a $100 wager on Pittsburgh ($585 is the amount you won and $100 is your wager).
• You’d bet $750 on Steelers to win $100, which results in a $850 payout if the bet is succesful.

Decimal Odds

These betting lines are interpreted in the form of decimals. Also called Continental Odds or European Odds, they reflect the total amount to be paid out.

For example, a decimal odd of 1.50 pays out $150 on a $100 wager, while that of 4.0 pays out $400. The idea is to multiply the wagered amount by the decimal odds.

How to Start Betting on Sports with Slots City

Slots City makes online betting in Canada simpler for bettors by offering an array of markets and unique odds. You need to sign up for an account, complete the data verification, add money to your account, and then choose a market to wager on.

Conclusion

Betting on your favorite sports allows you to immerse into the game and win a good amount of money too if the prediction is right. The right way to get started is by signing up for an account with the best sports betting site in Canada. Also, read guides on wagering so you can make a better decision.