International Soccer betting: Ontario vs. the rest of Canada
In 2021, Canada legalized single-event sports betting. Parlays are no longer mandated. In 2022, Ontario opened their market to licensed betting operators. However, the rest of the country's provinces made no such change. Thus, people in BC, AB, SK, MB, QC and the rest of Canada are left to wager on top international soccer matches at at online sportsbooks run by lottery corporations, or at "grey market" operators. The latter group includes some highly untrustworthy options.
If you are in Ontario, above the international soccer odds, we display the top legal Ontario sportsbooks. If you are outside Ontario, above the odds, we display the top "offshore" betting sites for the rest of Canada. All the operators that we recommend for the rest of Canada are licensed in Ontario, but you will play at their "grey market" sites, which are based "offshore". See our Canadian betting site reviews to learn more.
Experience the highest odds available for upcoming matches within the international context for the main 1X2 match result market through our odds feed. Our platform aggregates odds from a diverse range of reputable betting providers operating in the Canadian "grey market" and the regulated Ontario market. It then isolates the highest odds for each match result. By presenting the odds in this way, we offer a distinct advantage over relying on a single sportsbook.
In Canada and Ontario, many sportsbooks apply a "sportsbook hold" or "odds margin" that typically ranges from 4% to over 8% for popular soccer events. This means that these operators retain these percentages of the total wagers placed on any given 1X2 betting market.
However, our consolidated odds provide a unique perspective. By analyzing the implied odds margin or sportsbook hold associated with the combined best odds above, we often uncover margins as low as 2% or 3%. In some instances, we even identify negative odds margins, opening the door to potential guaranteed profits, irrespective of the match outcome. These opportunities, known as "sure bets," enable bettors to secure a profit through strategic wagering.
While a single online sportsbook account may suffice for placing your international soccer bets, those seeking to maximize their potential returns should consider diversifying with several accounts across multiple betting operators. Engaging in international soccer odds comparison allows you to access the best prices and optimize your betting strategy. Additionally, SNBET offers a similar aggregation for FIFA World Cup odds and UEFA Euro odds for the respective outright winners of these events.
The 1X2 betting market is the main betting market for international soccer matches, including prestigious tournaments like the FIFA World Cup, UEFA European Championship, and CONCACAF Gold Cup. This betting market allows you to predict the outcome of a match at the end of regulation time, excluding extra time or penalty shootouts.
When participating in 1X2 betting, you have three options to choose from for each match:
"1" (Home Team Win): If you place a bet on the "1," you're predicting that the home team will secure a victory at the end of regulation time.
"X" (Draw): If you bet on the "X," you anticipate that the match will conclude in a draw at the end of regulation time.
"2" (Away Team Win): If you wager on the "2," you're indicating that the away team will emerge triumphant at the end of regulation time.
It's important to note that bookmakers assign odds to each outcome based on factors such as team form, historical performances, player availability, and other relevant information. These odds reflect the perceived probabilities of each outcome. However, odds can vary between different bookmakers due to their individual assessments and strategies in managing their liabilities.
When engaging in 1X2 betting for international soccer matches, it's advisable to compare odds from different bookmakers to find the best value and potentially maximize your returns. Stay updated on team news, analyze team performances, and consider various factors that can influence the outcome of matches within regulation time.
By understanding the 1X2 betting market in international soccer, you can make more informed predictions and enjoy the excitement of wagering on matches at the highest level of the sport.
Please note that additional time, extra time, and penalty shootouts that may occur in knockout stages or certain competitions do not affect the 1X2 market, as it specifically refers to the result at the end of regulation time.