Canadian Online Betting

Betting News and Strategy Articles

Betting Favourites for the NHL 2016/2017 Season

Of course, as is customary before the start of any new NHL season, fans, tipsters and pundits are all trying to gaze into the future and make their ownseason-long predictions. Unsurprisingly, the weight of expectation heading into the start of

Can Southgate's Side Score Two Wins in England's Upcoming World Cup Qualifiers?

For all intents and purposes, the lead up to the latest round of World Cup qualifiers has been far from ideal. However, as is often the case with England, adversity brings out a certain resolve, so maybe a little instability

Betway Becomes First UK Operator to Directly Invest in eSports Following Partnership with Top eSports Team

Betway became the first UK-based gambling operator to sign on as a sponsor for a top eSports team, announcing a partnership with the Swedish eSports team Ninjas in Pyjamas (NiP). The trusted streaming service used by many eSports players, Twitch,

Best Mobile In-Running Betting Apps

Betting in-play has never been easier. So which are the best mobile apps for betting in-play? Let guide you through the top six mobile in-running betting apps!

Recommended Betting Sites

Betting Knowledge Articles

An Overview of Sports Betting Odds Formats

Understanding sports betting odds formats is the crucial first step to ensuring you get value for money when you bet.

Effective Sports Betting Money Management

Money management, sometimes called bankroll management, is not, strictly speaking, a betting strategy. It's the cornerstone of every betting strategy.

Arbitrage Betting Strategy Guide

Arbitrage is simultaneously depicted as the holy grail of sports betting and a demanding, rigid financial tool. The truth, however, is much more interesting.

Sports Betting Strategy: Accumulators

Accumulators are incredibly popular across all sports and markets, but how much do you really understand about the tactics involved?

Back-to-Lay Betting Strategy

While there is always an element of risk involved in betting, there are a number of strategies that you can employ to minimise the risk that you're exposed to, and even to guarantee yourself a profit.

Lay Betting Strategy

Lay betting is the process by which punters are given the opportunity to bet against a certain outcome.

Popular Betting Software

Popular Betting Markets

An Overview of Online Betting

Online betting is more than just having your local bookies at your fingertips, it's about finding creative ways to maximise enjoyment and profit from some of the greatest, most exciting and even the most obscure events from around the world. Most top betting websites allow customers to bet on events on their mobile and tablet, as well as on desktop computers.

Mobile betting can take the form of both apps and in-browser mobile betting sites. They generally have reduced graphics and/or functionality, so it's wise to see which mobile-responsive betting site best matches your approach to online betting. Users may also want to consider how much data a mobile gambling site uses, particularly with limited data plans.

Understanding Betting Markets

Online betting sites are generally divided into sections by sport, with additional areas for entertainment, political and specials betting. Within these you'll find individual events happening in the near future. Once you've picked your event you get to the heart of online betting: the betting markets. Betting markets are a list of every outcome you can bet on in an event.

Betting markets will generally include a minimum of the event winner, winning margin and handicap markets, plus accumulator (multiple outcome) options. Although each online betting site will have its own range of specialist markets, for example goals scored or time of first goal, some sites may specialise in specific events, and offer particularly diverse markets for it.

Most Popular Betting Markets

  1. Football
  2. Horse Racing
  3. Cricket
  4. Rugby
  5. Specials

Most Common Types of Bets

Three Types of Betting Odds Formats

Odds represent the prices online betting sites will pay if your bet is successful, expressed as a proportion of your original stake. They're generally displayed in one of three formats:

  1. Fractional

    These show your potential winnings as a fraction of your original stake, which means you divide the numbers displayed and multiply the result by your stake to determine your winnings. So a bet of £10 at odds of 2/1 would be calculated as: 2 divided by 1 = 2, 2 x 10 = 20. That's a win of £20, plus your initial stake of £10, making a total return of £30.

  2. Decimal

    These represent the multiple of your stake that's returned in the event of a successful bet, including your initial stake. So if you made a successful bet of £10 at odds of 1.5, you'd get 1.5 x £10 = £15. Decimal odds of 1.5 are equivalent to fractional odds of 1/2.

  3. American

    These odds are totally different, and can be negative or positive. Negative numbers indicate how much you must bet to win $100 (or £100, €100 etc), so odds of -140 mean you must bet $140 to win $100. Positive numbers indicate how much you'd win from a $100 bet. So odds of +160 would mean a win of $160. To work out how much you'd win on a different bet amount, you just have to scale the figure up or down proportionally. So a £1 bet at 140 would win £1.40.

What are Oddsmakers and How Do They Price Markets?

Online betting sites have a large staff of odds compilers, or oddsmakers, whose job is to price up markets. You might think that this involves a lot of work predicting likely outcomes, but the key job for oddsmakers is to make sure that there's a roughly even number of bets for and against a certain outcome – the idea being that they don't lose too much money if punters successfully pick a winner.

This means that the odds on show at any online betting site aren't actually a reflection of the likelihood of something happening, but rather a reflection of where people are betting. Online betting sites also run frequent loyalty and bonus offers to encourage a consistent flow of cash from customers.

This helps keep the numbers steady, but can also give savvy punters free bets, cashback and money back offers that help with strategies such as hedging and arbitrage. These offers also represent an opportunity to try out new markets or tactics without risking their own funds.

What is Exchange Betting?

Betting exchange sites operate a little differently; instead of holding the cash to bet against customers themselves, betting exchanges act like a financial market in which punters bet both for and against an event outcome. Betting for the outcome in the conventional way is called backing, and betting against it is called laying.

When laying a bet at an exchange site, the sum you lay is the amount you want to win – not your total risk. Your total risk is calculated from the odds you lay the bet at. Take a look at a Premier League example involving Arsenal and Man United to better understand this unique form of sports betting.

An Example of Exchange Betting

If you were to lay £10 on Arsenal against Manchester United at 2.0 (1/1), you stand to win £10 if Arsenal lose, and you'd have to pay out £20 if Arsenal win. Essentially the odds represent the bet you're offering other customers of the betting exchange. As exchange sites aren't profiting from the actual betting, they usually charge commission on winnings.

What is In-Play Betting?

Sometimes called live betting or in-running betting, in-play betting the practice of betting on an event while it's underway. The best online betting sites will accompany events with statistics and live streams to enhance the experience, and empower players to make bets on a wide range of markets.

Meanwhile, odds are updated moment-by-moment as the event progresses. Many sites also offer a cash out option. This allows players to withdraw (or cash out) their bet for a fixed sum, if they believe that the bet is likely to fail later in the event, or if they've given up on it and want to claw back losses.

Betting News and Strategy Articles

Bookmakers' Odds Shift in Clinton's Favor Following First Debate

One of the most rib-tickling descriptions of the 2016 US Presidential race so far stated that Hillary Clinton stands a good chance of winning "simply because she isn’t Donald Trump". That might be a slightly outlandish claim, but given the

Which Online Bookmakers Have the Lowest Vig?

When a punter uses a bookmaker to place a bet, they are charged for the service. This charge is known by many names – the cut, the take, the juice or under-juice – but the term that has become standard

Betting Favourites for the Formula 1 Singapore Grand Prix

With the F1 season shifting gears – and owners – between the last race in Italy and the next in Singapore, it will be interesting to see how, or even if, the sale to Liberty Media upsets the running order

Which Players Offer the Safest Odds for the PGA European Tour's Italian Open?

With a prize fund of €3,000,000, players will be itching to get on the green and see if they can follow in the footsteps of Swedish player Rikard Karlberg, who managed to win in a play-off against Martin Kaymer in

With Serena Out, Kerber the Favourite in US Open Women's Singles

The 2016 US Open took a shocking twist when world number one Serena Williams was dispatched from the tournament by tenth seed Karolina Pliskova on Thursday. Some analysts had expected to see a third Grand Slam final between Williams and

Lucky Thirteen for Djokovic at US Open?

So here we are: the final four of the US open. The final major of the calendar year has provided plenty of thrills, spills and strong wills so far and it's hard to contest the advancement of any of the

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