MLS betting: Ontario vs. the rest of Canada
In 2021, the Canadian government legalized single-event sports betting. Soon after that, Ontario opened their regulated market to licensed betting operators. However, the rest of Canada made no such change. Thus, BC, AB, SK, MB, QC and the rest are left to wager on MLS matches at online sportsbooks run by lottery corporations, or at "offshore" providers. This latter group can leave players that live outside Ontario open to registering at very disreputable operators.
If you are in Ontario, above the MLS odds, we display the top legal Ontario betting sites. If you are outside Ontario, above the odds, we display the top "offshore" MLS betting sites for the rest of Canada. All the brands that we recommend for the rest of Canada are now licensed in Ontario, but you will play at their "offshore" sites. Look for our Canadian betting site reviews to learn more.
Experience the advantage of our odds feed, showcasing the top odds for upcoming matches in the 1X2 market of Major League Soccer above. Furthermore, SNBET also provides MLS futures odds, allowing you to explore potential returns for bets on the MLS Cup winner. Our platform collates odds from various reputable betting providers, both in the Canadian "grey market" and the regulated Ontario market, providing a diverse range of options to enhance your betting experience.
In Canada and Ontario, many leading sportsbooks implement a "sportsbook hold" or "odds margin," typically ranging from 4% to over 8% for popular soccer leagues in the main match result betting market. This implies that these operators retain these respective portions of the total wagers placed on any given 1X2 betting market.
However, our aggregated odds present a contrasting picture. By analyzing the implied odds margin or sportsbook hold associated with the combined best odds shown above, we often unveil significantly lower margins, often ranging from 2% to 3%. In certain instances, we even identify negative odds margins, presenting the potential for guaranteed profits, irrespective of the match outcome. These opportunities, known as "sure bets," empower bettors to secure profits with precise, strategic wagering techniques.
While a single online sportsbook account may cater to your MLS betting needs, maximizing your potential returns entails exploring having accounts with multiple reputable betting operators. Engaging in MLS odds comparison enables you to access the most favorable prices to optimize your betting strategy.
1X2 betting is a popular wagering market in Major League Soccer (MLS), the top professional football league in the United States and Canada. It provides you with the opportunity to predict the outcomes of matches between teams competing in MLS.
When you participate in 1X2 betting in MLS, you have three distinct options to choose from for each match:
It's important to note that the odds for each outcome are determined by the betting sites. These odds are influenced by various factors, including team form, past performances, player strengths, injuries, and other relevant information. However, betting sites also manage their own liabilities, which can result in slight variations in odds among different providers.
Betting sites strive to strike a balance by setting odds that attract bets on all possible outcomes while ensuring they can cover potential payouts and maintain a profit margin. They consider things like market demand, expert analysis, market fluctuations, and competitor odds. Additionally, betting sites manage their liabilities by adjusting the odds to reflect the probabilities and attract bets on less popular outcomes, thereby balancing their exposure.
As a soccer bettor, it may be crucial to you to compare odds from different betting sites if you have a desire to find the best value and potentially maximize your returns. Understanding that betting sites manage their own liabilities empowers you to make informed decisions and take advantage of favorable odds when placing your bets in MLS.
Major League Soccer (MLS) is the top professional soccer league in the United States and Canada. Founded in 1993, the league has experienced significant growth and popularity over the years. MLS consists of teams from both countries, with fierce rivalries and exciting matches that captivate fans across North America. The league has seen the emergence of talented players from around the world, as well as the development of homegrown talent through its youth academies. Clubs such as LA Galaxy, Seattle Sounders, and Atlanta United have garnered a strong following and achieved success both on and off the pitch. With its unique blend of international flair and local talent, MLS continues to expand and elevate the sport of soccer in North America, providing thrilling action and a vibrant soccer culture for fans to enjoy - now with Messi!