If you’re never taken part in sports betting before now but are keen to get started, then we have just the thing for you. Take a look at our top 5 tips for beating the bookie and winning with sports betting in Canada, and you could see yourself betting like a pro in no time.
1. Know Your Market
Any veteran sports bettor in Canada will be able to rattle off statistics from past and present seasons of their favourite betting sport, and this is because they know their market. In order to become successful with sports betting, you need to focus on getting to know your chosen sport, as to place the best informed wagers. Read sporting news, watch as many games as possible, and learn about past and present seasons and any injuries that may have occurred. If you’re feeling good about a Premier League match-up, take a look at past results for the same two teams, and learn as much as you can.
2. Shop the Odds
One of the greatest advantages to online sports betting is that you can sign up to a multitude of online sportsbooks, and in fact this is advised. By signing up to multiple sites, you will better be able to shop the odds on a variety of wagers and make sure you are getting the best value for money and the best online betting offers. Look at your chosen sportsbook, decide on a specific wager and then take a look at the other online sportsbooks you’ve signed up to and compare the odds. Place a wager with the sportsbooks that offers you the best return on your investment.
3. Bet with Your Head Not Heart
Even though you’re a die-hard fan of the Phoenix Suns, and you hope against all hopes that they will win the next NBA Finals, it is highly unlikely that this will actually take place. This tip is a key factor in sports betting success – make smart bets, and don’t let your personal favourites influence your wagers. Unfortunately passion doesn’t win matches, and bookies make a ton of money off punters who bet with their hearts instead of their heads. Place wagers that will close to guarantee you a win, and don’t let your personal feelings get in the way.
4. Take Advantage of Sign-Up Bonuses
As mentioned previously, signing up to multiple online sportsbooks is advised, and for more reason than one. When signing up to a new online sportsbook you will be afforded a signup bonus which will either take the form of an instant cashback or your initial deposit will be matched up to a certain limit, effectively doubling your bankroll. This boost in cash can really increase your betting power if used appropriately, and can cushion the blow if you’re just starting out with sports betting and are still getting the hang of it.
5. The Favorite Doesn’t Always Win
One thing about odds is that they are the bookmaker’s way of telling you who is most likely to win a match. The team who sees less than attractive odds for winning are the clear favourite to win, and the team which sees fantastic odds are the underdogs. It’s important to remember that the underdog can sometimes take the lead and if you have some choice info on a line-up change or an injury which is sure to affect the match then be sure to place a wager on the underdog to win.
This article was updated on 1-18-2018