Sports fans in Canada don’t have too many in-country options when it comes to placing a wager on their favourite sports teams. The official rules tell us that the only type of bet allowed is the so-called parlay bet, which can also be called a combo or accumulator. This means that betting is only allowed one two or more events or outcomes at a time, and in order to win it’s necessary to be correct in all your predictions. While some sports savants may like this approach, the average supporter just wants to bet on a single outcome, whether it be on a particular match or the winner of a championship competition.
The good news is that single-event sports wagering is perfectly possible for Canadians, and it’s legal too. As long as the sports betting service operates on foreign soil, it’s possible to place single wagers on all the major Canadian sports. The European market is full of well-regulated and reputable sportsbooks, and they are more than happy to accept wagers from the Canadian market. No wonder that Canada makes more than $4 billion worth of sports bets with international bookmakers every year.
Bonuses for New Customers
Most online sportsbooks are part of an online casino, and as most people know, online casinos love to offer welcome bonuses and regular promotions to their customers. The sports betting bonus offers are usually in the form of free bets, although most of these have certain conditions, for example, the free bet must be wagered on an outcome with longer odds. Some international sites exclude certain jurisdictions from their bonus deals, so make sure that your chosen site offers bonuses to Canadian customers.
Two of the main draws of online sports betting are the accessibility and the minute-by-minute excitement, and the two go hand in hand. All the biggest sports betting sites are mobile compatible, so there’s never any need to miss out. Live AKA in-play betting allows you to place bets while the game is in play, and the odds are constantly updated. Many sites even offer an early cash-out option, so if you think the game is not going as expected, you can still get some money back and maybe a small profit before the match is over. The freedom of mobile sportsbook means that you are not tied to your computer screen, and instead, you can enjoy the game with friends and still place bets as the odds fluctuate throughout the game.
The Canadian government has resisted legalizing single-event sports bets in Canada, but this makes no difference at all to hockey-mad Canucks who want to bet on who will win next season’s Stanley Cup. Canadians have access to a wealth of trusted sites based overseas, all offering odds on the nation’s most beloved sports. The USA recently decided to remove a ban on online sports betting, and it probably won’t be long until Canada follows suit. Canadian players are estimated to make up as much as 14% of the online sports betting customer base, and it’s certain that the politicians in Ottawa are interested in getting a slice of the pie.