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Online sports betting in Canada

Online sports betting in Canada

According to the classic lotto games, the sports bets belong to the most popular gambling of the Canadaer . But not only in this country, but worldwide there is a great passion for betting. While it is also very common in the motherland of betting, in Great Britain, to bet on other social events, in the rest of the world it is above all the sport that causes odds fever.

Since man has been doing sports, he has been betting on the outcome of sporting events. Already in the Ancient times there was the profession of bookmaker, which is traditionally responsible for setting the odds. A relatively wide public was interested in sports betting with the Olympic Games known. Many hundreds of years before Christ, various disciplines had already been bet on there.

The British, especially the English, cultivated betting in the 18th century. Especially with the Horse racing which are now really not suspected to be disreputable events. Quite the contrary: here the rich and beautiful of the upper class meet to this day to pursue the betting pleasure with considerable stakes. Gin and sandwich, of course. The bets were particularly important at the time because they financed the horse races.

Also the Football Betting it was invented in England. No wonder that at the latest she has also tempted the German-speaking world to bet. Football is the national sport in Canada and Germany. At the latest, when state betting providers such as Oddset came onto the market and stirred the advertising drum for sports betting, the country was in betting fever.

How big the fan community of sports betting is, you can read wonderfully from the cityscape of the local inner cities. Even in small towns there is a considerable selection of betting shops. However, the majority of bets are made on the Internet today. This article reveals everything you need to know about Online sports Betting must know.

Definition: What are sports betting actually?

A bet is basically nothing more than an agreement between two people. You could also say a contract. One of the participants claims something, and the other contradicts this assertion. Sports betting, of course, is about sporting events. Thus, one could claim that team A wins the game, while the other claims the opposite, that is, that team A loses and team B wins. The one whose assertion is correct, will emerge as the winner of the bet .

If the bet is not only for honor, but for money or valuables, then the winner not only gets his bet back, but of course also wins the other's bet. That is the attraction of every bet.

But if you are now seized by the desire to bet, then it is sometimes tedious to find a betting partner who also just wants to bet on the outcome of a certain game – and then also claims the opposite. So that the need for betting does not remain unsatisfied, the betting offices have been founded. They actively offer bets, which you can get into at any time. For this, a bookmaker sets so-called odds, which will be discussed in more detail below. This is exactly how betting on the Internet works - just independent of space and time.

What can you bet on?

Even if sport is the origin of betting and that is why almost everything revolves around it even today, in principle you can bet on everything possible. The betting nation England also does this with great passion. For example, you can bet on who will be the next heir to the throne or when Prince Harry will have his first child. For example, betting on political elections is widespread worldwide. In particular, the outcome of large, regional elections can also be bet on in Canada and Germany. A fixed date in the betting calendar is also the dollarvision Song Contest . Bets on internationally renowned award ceremonies such as the Oscars or the Grammys are still popular. In general, the so-called entertainment bets have increased in recent times. Strictly speaking, of course, every bet is for entertainment – or at least it should be! Because if you need money, you are completely wrong with betting.

What types of bets are there?

In the field of Online sports betting and also offline in the betting shops, these five different types of bets have essentially developed and established themselves:
  1. Single Bet

Which Single Bet is the oldest type of bet ever. In this case, a concrete bet is made on a result. If you can only bet on victory or defeat, then we are talking about the so-called 2-way bet. In the 3-way bet, on the other hand, it is also possible to bet on a draw.

  1. Combination bets

As the name suggests, in a combination bet multiple single bets combined with each other. The goal is to maximize the profit as a result. Because the combination bet, which is sometimes also called a multi bet, allows you to make high profits with relatively low-risk single bets. Therefore, this type of bet is particularly suitable for low stakes. But beware: a lost single bet is enough and the entire bet is lost.

  1. System bets

Which System bets is a combination bet that forgives mistakes. In the case of "3 out of 4", for example, only three out of four bets must have been correctly typed in order for the bet slip to be paid out. The risk of total loss is therefore lower, but the fees are often higher.

  1. Live betting

In recent years, the Live betting get. It brings a whole new dynamic and excitement to the betting process. In contrast to the conventional types of bets, the tips do not have to be submitted on time before the start of the game, but can be bet over the entire game. The odds change during the course of the game, depending on how the chances develop for the participating athletes or teams. Sometimes the live bet is therefore a race between tipster and bookmaker. In any case, however, it offers special thrills. Also because far more than the game output can be tapped. For example, in football, bets can be made on who will score the next goal or who will receive the most yellow cards. Live bets can be placed online, but also in the betting shop. This is the reason why most offices have various screens on which sports events are broadcast in real time.

  1. Long-term bet

While live betting is fast, sometimes even hectic, it comes with Long-term bets the more comfortable betting friend at his expense. However, some foresight is required here. Because the bet is not on the winner of a game in the short term, but on long-term sports results, such as the champion at the end of the Bundesliga or the winner of a tournament. Depending on the sport, you have to wait for a year before you actually know whether you have won or lost the bet. That's why the long-term bet is rather unattractive for most sports tipsters, even if the odds are quite impressive. Basically, the long-term bet is nothing more than a live bet, just stop in the cozy variant.

The quota determines the success

While in private bets, everyone involved makes a bet that does not necessarily have to be of a monetary nature, there are betting offices and Online sports Betting which a much-praised quote . The betting odds indicate how likely or unlikely the individual betting options are and ultimately, of course, how much you can win with a correct tip.

Notice! The higher the odds, the less likely it is that the result or event will occur. The lower the quota, the more likely. While high odds are attractive, they are also riskier. Low odds, on the other hand, do not bring as much profit, but the chance to win the bet is much greater.

The so-called bookmaker is responsible for setting the odds. If you give your tips to a betting provider on the Internet or at the local betting office, you are entering a competition with the bookmaker. He has the responsible task of setting odds that are so attractive on the one hand that customers want to bet, but which on the other hand turn out so that the provider has a plus in the cash register at the end of the day. Because so much is clear: A bookmaker has nothing to give away, quite the opposite! It is a profit-oriented company like any other. In order for someone to win big, many others have to lose first.

Today, a optimal quota already using various mathematical algorithms, some of which work incredibly precisely. But as large as the database of these algorithms is, they can hardly or not at all take into account influencing factors such as a change of coach or the injury of certain games. That's why no betting provider can do without flesh and blood bookmakers who are more familiar with the respective sport than anyone else. Especially in live betting, you have to watch the match with keen eyes and react to game changes within seconds. A stressful and very responsible job, because an incorrect quote can quickly cost the bookmaker millions of dollars.

The presentation of the betting odds varies from region to region, which can sometimes be a bit confusing. In this country, a typical ticket usually looks like this:

1 1,5 | 0 2,5 | 2 1,0

The one always stands for home victory, that is, for the home team to win the game. The two stands for the away win. The 0, which is sometimes replaced by an X, stands for a draw. This option falls on 2-Way Betting and of course in all sports where there is no difference, such as tennis.

Important! There are games or sports that never end in a draw, but sometimes you can bet on a draw. This is due to the fact that basically the result is scored after the end of the regular playing time. In football, after 90 minutes. What happens in the extra time is irrelevant for the standard bet. Bets with a different starting position are clearly indicated by the betting provider accordingly.

While the usual quote in decimal numbers in continental dollars is familiar, the quote in England is usually given in fractions. 1⁄2 means that in the event of a win, in addition to your bet, you will receive half of it on top. In the USA, on the other hand, the odds are presented with hundreds of numbers, where they indicate only the net profit. +100 therefore corresponds to a ratio of 2.0. Computationally, in any case, a little more complicated. It is easier to quote quotas in the Asian region. Again, you have decided on decimal numbers, but only the profit is given. So 0.5 corresponds to our ratio of 1.5.

How to calculate the betting profit?

If you know your bet and the odds of the bet(s), you can easily calculate your (potential) profit. For this, both factors must first be multiplied together. So if you bet ten dollars and get a odds of 1.7 for it, you will get paid out 17 dollars in the end. But that's not the profit yet, after all, ten dollars were deposited before. So this bet still has to be deducted, so that the net profit is ultimately seven dollars.

At Kombiwetten the odds of the individual games are not added together, but multiplied. A small but significant difference, after all, the profit with this method of calculation turns out to be much more abundant. The total odds are again multiplied by the stake, which must ultimately be deducted.

For Canadians, the calculation of the profit is done with it. Things are sometimes a little more complicated in neighbouring Germany, where in 2012 a Betting tax has been introduced. Since then, five percent of each operation has to be deducted. The state gets the money directly from the weather provider, so customers are actually only indirectly affected. But not every provider is willing to bear the costs and so there are quite a few models on the market. One prices the costs, which is of course very clear, the other transfers them completely to the customer and still others calculate the tax only in case of profit, so subtract them from the withdrawal amount.

In practice, by the way, no one has to dig out the calculator. The possible winning amount is usually already displayed by the provider on the bet slip, regardless of whether it is printed or digital.

The best sports betting providers on the Internet

The business with sports betting today takes place mainly on the Internet. It's just more convenient to calmly place suitable bets at home with attractive odds to pick out. While you are watching the game comfortably from the sofa, you can watch it on the laptop or the Smartphone study the odds . Especially in live betting, just one click is enough. And sometimes the odds are a little better, because the cost structure of the providers is leaner. After all, rent, personnel costs and the like are only very limited at the online betting provider.

Sports betting Providers table

The following table contains the most important Sports betting Providers in Canada.

Bet at Home Bet at Home is one of the largest gambling operators in Canada. It is represented in well over 100 countries and has 20 million customers. Founded in Canada in December 1999, the company focuses on sports betting, although other games of chance are also offered. There is hardly a sport that at Bet-at-Home cannot be betted. The offer of live betting is also particularly versatile. If you don't feel like betting anymore, you will also find a huge casino and games offer here.
Pray-fair While Bet365 is the world's largest gambling operator, it is Pray-fair the largest online betting provider in the world. Of course, the focus here is on sports betting. A staggering five million bets are made through Betfair day after day. That alone is a technical challenge. What made Betfair great is the betting principle of the betting exchange. Because provider as a rule, does not act as a bookmaker himself, but only provides the infrastructure. The one who creates a so-called lay bet bets AGAINST something and offers a odds to the one who makes a back bet, that is, votes FOR something. You become a bookmaker yourself. An exciting experience for all weathermen. Advantage of the betting exchange: The odds are usually much higher.
Betway Also the cradle of Betway as the name suggests, it is in sports betting. The company was founded in London in 2002 and has been offering online sports betting since 2006. Depending on the season, an average of around 30 different sports can be bet here, whereby the number of bets is of course many times larger. Not least because international games are also offered. The focus is on the football of the big leagues. But fans of marginal sports also get their money's worth. Betway live bets can also be tapped, and a classic online casino is also part of the repertoire.
Bwin dollarpas largest online bookmaker Bwin it is possible to present his immense betting offer in a clear and structured way. The possibility of betting is particularly rich due to the offer of double chance. More than 30 sports are continuously on the program here, including classics such as Formula 1, but also snooker, chess and water polo. A special feature is the entertainment category, which provides some variety from sports and the the provider Bwin we also like to use it for marketing purposes. Here, for example, in the context of the Oscar ceremony, it is possible to guess who will give the longest acceptance speech, whether a false winner will be announced or whether a prizewinner drops his trophy. Entertainment tips can also be given as part of the TV show "Hit the Star".
William Hill William Hill is one of the more unknown betting providers in the German-speaking world. The bookmaker also comes from the United Kingdom and is one of the top dogs there. In addition to sports betting, he offers the whole casino offer including live casino. By William Hill can be typed live before the start of the game and of course also during it. Leagues, competitions and games are represented around the globe. Here, too, the football offer is very pronounced and international. You can bet on the English Premier League, the Spanish La Liga, the French Ligue 1, the Italian Serie A and the Turkish Süper Lig, among others.

How do you recognize a reputable sports betting provider?

Trust plays a big role in gambling of all kinds. After all, you entrust your money to the betting provider. Because before you can start typing, the betting account must be topped up with all providers. There are some characteristics by which you can recognize a fair and reputable online bookmaker:

  1. License

If you want to offer commercial sports betting, you need a License . You can't do without it. Reputable sports betting providers announce on their website where their license comes from and what number it has. Usually you can find this information in the foot of the page, in the imprint or in an "About us" section.

Since there is no uniform licensing solution within the dollar-dollar european Union, most providers rely on licenses from Malta or Gibraltar. Both states like to issue licenses, but also regulate harshly. They are just as trustworthy as the licenses of the Caribbean states Antigua and Barbuda and Curacao. Of course, all four states are also the first choice of providers because the taxes here are relatively low.

In Germany, a new attempt to issue gambling licenses is to be made in 2019. A total of 35 concessions are to be issued. The companies are already relatively safe. All of them are also considered serious. Among them, of course, all well-known brands.

  1. Provider identification

Anyone who bets at an online betting company enters into a business relationship with it. Of course, you want to know with whom exactly. That's why you should look for one on every betting site without much Masthead in which the provider is written down together with the registered office and contact details. Since the imprint obligation in this form only exists in Germany and Canada, but the providers usually come from abroad, the site does not necessarily have to call itself imprint. The link can usually be found at the foot of the Internet offer.

  1. Payment options

It is also worth taking a look at the payment options offered. Good is always a wide range, which also includes widely accepted methods such as credit card or paypal contain. You should be suspicious if only anonymous payment options are offered or you can only make deposits by bank transfer to a foreign account.

  1. Privacy

Equally important is the Privacy . Because what good are the best odds if the provider also earns something by selling the customer data and you are later showered with casino spam. Nobody wants that! Therefore, you should check in advance what the privacy policies of the provider are. As a rule, it is already a good sign if there is such an area with a privacy policy.

  1. Support

Those bookmakers and online casinos that offer their customers a Support offer, so they are personally reachable. For example, to clarify problems. The more ways to contact are offered, the better. A very good sign is, for example, a telephone support in the respective national language. It is complex and expensive, no fraudster can afford it. A live chat is also up-to-date, which contributes to the rapid clarification of problems. An e-mail address should always be indicated somewhere on the page.

  1. Layout and structure of the website

A good reference point is also the online presence of the web provider. Is it seriously designed? Are there all the areas that are expected? Is the site easy to use? Be personal data encrypted transferred? Even though it is easier today than in the past to build good-looking fake sites, a betting portal is still a technical challenge that not everyone can master.

  1. Sponsorship

Many bookmakers are in Sponsorship in this way, large sports clubs operate and support in order to increase their awareness in return. Such an advertising commitment is associated with costs in the millions. Only the big players can afford that. In addition, the clubs usually check very carefully whose logo they have printed on the jersey.

  1. Reputation

Last but not least, of course, the World Wide Web is the perfect place to find out about the seriousness of an Internet betting provider. There are not only many test portals, but also various forums where betting friends exchange ideas with each other. Who Google the name of the provider and the word " Experi “ enter, he gets a lot of hits. It is immediately noticeable when a provider has dirt stuck, especially because this is usually made public by the victims immediately.

Sports betting bonus: How to get an additional betting budget

Even if you separate the wheat from the chaff and only serious sports betting providers then there is still an immense selection. The competition is great and so the providers have to come up with something to attract customers. The bonus that new customers receive exclusively has always been a classic. You can now also find current betting providers in comparison at sportwette.net in a detailed overview. The competition has ensured that hardly any provider can afford not to pay a bonus.

Usually this is 100 percent and refers to the amount that you deposit for the first time. While at the Online Casinos 300 dollars are common, sometimes even 500 dollars are paid as a bonus, the sum is slightly less in sports betting. But a hundred dollars is still in it on average. Some people pay double, smaller bookmakers pay at least 20, 30 or 50 dollars. In any case, nice amounts with which newcomers can practice a bit and get a feel for betting.

Sports Betting Bonus Table

The following sports betting bonus table gives a very good overview of the bonus amounts of the largest betting providers in Canada and Germany.
Provider Bonus Remark
10Bet $200.00
888Sport $150.00 additional recommendation: 888 Casino
Bet3000 $150.00
Bet365 100%
(+18 - The following applies Terms and Conditions of Bet365 )
best provider of recent years
Bet-at-home $100.00 Main sponsor of Hertha BSC
Betclic $150.00 especially popular in France
Pray-fair $100.00 successful online provider since 1999
Betsafe $100.00 our tip: Betsafe Casino
Betsson $100.00 huge selection of betting options
Betvictor $40.00 especially very popular in the UK
Betway $200.00 very good live bets + Betway Casino
Betworld $100.00
Bigbetworld $100.00 this is where Novomatic software is used
Bwin $100.00 more than 20 million customers online worldwide
Cashpoint $100.00 exclusively for Canadians and Swiss
Comeon $100.00 still quite a young provider
Expekt $50.00
Happybet $150.00
Intertops $20.00 successfully online Since 1996!
Interwetten $100.00 The InterWetten Casino is also worth seeing!
Ladbrokes $300.00 by far the highest bonus
Mobilebet $100.00
Mybet $200.00 our recommendation: MyBet Casino
Netbet $100.00 our tip: Live Casino NetBet
Nordicbet $20.00
Noxwin $50.00
Rivalo $100.00 exclusively for Canadians and Swiss
Sportingbet $150.00 A veteran of online sports betting providers
Sunmaker $215.00 top Merkur games software at Sunmaker
SuperLenny $50.00 exclusively for Canadians and Swiss
Tipbet $100.00
Tipico $100.00 one of the largest suppliers in Germany
Titanbet $200.00 our offer: 3000 dollars in Titan Casino
Betway $75.00
Direct hit $100.00
William Hill $100.00 our tip: William Hill Casino
XTip $100.00 belongs to the Merkur Gauselmann Group

Strategies and tips for sports betting

Every betting friend is looking for the the perfect betting strategy . Whole books could be written about this. Everyone thinks they have a system with which they can maximize their profits. Even if sports betting always remains an unpredictable game of chance, there are of course ways, for example, to minimize the risk. As an example, three easy-to-use strategies are presented below.

Double chance

If you want to increase your chance of winning, you can achieve this relatively easily with the double chance which many online betting providers have in the program. Instead of betting on just one outcome, you bet on two out of three. So, for example, on home victory (1) and draw (0). The chance of winning increases by a third to 66 percent. The disadvantage: with the risk, the odds and thus the profit also decrease. Which Double Chance Strategy it is therefore always suitable if you are undecided about the outcome of the bet and attach great importance to winning, even if the winning amount is relatively small. Perfect for those who are just getting into the world of sports betting.

Betting on a draw

Those who rely on the draw strategy usually follow the exact opposite principle: you take a higher risk for higher odds. Especially in football, the odds on a draw are usually much higher. This is based solely on the fighting spirit of the players, who absolutely want to make a decision in the event of a draw. If a team is in the lead, on the other hand, it is not uncommon to only play for safety. So a draw is unlikely. On average, the betting rate on draws in football is 3.5. But you should already be well versed in the sport and the respective league if you want to systematically bet on draws.

Value Bets

The strategy of the Value Bets . These are bets that are overestimated by the bookmaker in terms of odds. Some strategists specifically seek out such bets from the crowd. Because we remember: the odds always indicate the probability of a bet outcome. If you evaluate them differently from the bookmaker on the basis of your own expertise – and this must of course be available for the respective sport – you can Value Bets relatively good profits.

The hard part is finding these overvalued quotas. But comparison portals that compare the different odds of the betting providers to common bets help in this. Thanks to sophisticated filtering systems, you can click through thousands and thousands of bets with a little practice and filter out those that seem particularly lucrative.

Anyone who bets strategically on value bets should note that the providers can certainly notice this and are then usually entitled to block a customer according to their own terms and conditions. So you should also bet regularly on normal and therefore perhaps less lucrative bets, so that this strategy is not quite so obvious. After all, the best strategy will not bring anything if the betting account is blocked.

Sports betting fan guide Onlinecasinos.at

For true sports betting lovers, we now have the Fan Guide by Henkel tracked down. What exactly is behind it, the company will tell you henkel-fanguide.at . The offer is aimed specifically at football fans. If you live in Vienna or at least are visiting there, you should definitely not miss this chance.

Henkel is in his Download Fan Guide for football fans a total of 21 scenes summarized. So the goal celebration is even more fun. Anyone who chooses the Fan Guide also supports the Vienna Institute for the Blind. According to the information on archive.org from henkel-fanguide.at for every download, Henkel donates 5 cents to Contrast, an institution that invests all its energy in therapies and aids for blind and visually impaired children.

Conclusion about sports betting

Betting is a centuries-old game of chance, which enjoys the greatest popularity to this day. Unlike many other games, they are relatively easy to understand and almost everyone is in a betting mood once. Potential gains and losses are transparent from the very beginning. With strategies you can influence risk and chance of profit, but ultimately also remain online sports betting an unpredictable game of chance based only on probabilities.

The Internet has revolutionized sports betting. Especially thanks to the live bets, which bring even more excitement and entertainment to the betting business. In addition, on the Internet, everyone can bet on what they feel like right now. 24 Hours a day. Fast and uncomplicated.

Questions and answers about sports betting

Can I make only one bet or do I always have to make several bets?

This is provider-dependent. As a rule, single bets are not a problem. In combination and system bets, several individual bets are necessary.

Is there a minimum bet?

There is no legal or basic minimum bet. However, each provider sets its own minimum bet. At some betting offices, you can bet from as little as 50 cents per bet. Sometimes five or ten dollars per bet slip is also necessary.

How old do I have to be to bet?

Gambling of any kind is allowed from the age of majority, i.e. at the age of 18.

What do I do if I have lost my bet slip?

With the bet slip it behaves like with the lottery ticket: if this is lost, you can unfortunately not withdraw the win. No matter how big or small he is. This is the great advantage of online betting shops: nothing can be lost here, the profit will be credited to the customer account immediately after the end of the sporting event.

When can I withdraw my bet balance?

Minimum withdrawal amounts are set individually by the providers. Some online providers already pay out from a penny, others only from 30 dollars. The lower the withdrawal hurdle, the better. Sometimes the payout limit also depends on the selected payout method.

How long does it take for my bet balance to be paid out?

All major providers are striving to make withdrawals without delays. However, the specific duration also depends on the payout variant and is usually indicated on the website.

Do I have to pay taxes on my winnings from sports betting?

Winnings from sports betting are not taxable either in Canada or in Germany, because they cannot be classified under any of the legally defined income tax types. In Germany, however, a tax of five percent is levied on all bets, which, however, the betting provider must pay.

Which is the largest sports betting provider?

Among the all-rounders, Bet365 is clearly the world's largest provider. Here you can not only place sports bets, but also play in the casino. dollarpa's largest betting provider is Bwin.

Review
Date
Contribution
Sports betting
Review
5
Software Name
Sports betting
Software Category
Games