On this page we're going to cover everything related to live betting in Canada, from how to place a bet through to the sports you can gamble on. We'll also let you know about the best live betting sites open to Canadian players, so you'll be able to find the perfect place for you to gamble. Keep on reading to get the full lowdown!
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So what exactly is live ‘in-play' betting? While normal gambling sees you placing a bet prior to the event happening, live betting allows you to bet on the market while the game is happening. For example, you could bet on the next touchdown in the NFL, or even which soccer team is going to get the next corner! The only events you can't bet on are those that are over too quickly, such as short horse races or the 100m.
In-play sports betting has only been around for a relatively short time, but it's already firmly established as a favourite with punters. This is because you're always able to add an extra slice of excitement and potential profit to any match, regardless of whether your chosen team is living up to expectations. All things considered, it's clear to see why live betting has become such a big part of the Canadian gambling scene in 2020.
The biggest advantage to betting live is that it's incredibly exciting. Even if your main bet looks like it won't come in, you'll still have the chance to place multiple side bets and claw back a profit. Live gamblers are often found transfixed to the TV while a game is on, with adrenaline pumping as they hope their bets come in!
The chance to win more money is the other obvious advantage, especially for those who have a real knowledge of the sport. So, for example, if you're an expert on the NFL and you think a quarterback is looking good, you could place a quick live bet on him throwing a touchdown pass. Think that the defence is looking strong? Then why not place a bet on the quarterback getting sacked?
It should also be remembered that live betting can be enjoyed wherever you are, thanks to the mobile live betting sites. So, whether you're sat on the couch at home, or actually in the stadium, you can crank up the excitement and give yourself the chance to win some real money!
Live cashing out is a fantastic invention and makes live betting even more exciting for eager punters. Essentially, it allows you to cash in your bet slip at pretty much any time, although you'll need to compromise on the odds if you elect to take advantage of the live cash out option.
Here's an example: imagine you've bet on the Montreal Canadiens to beat the New York Rangers, and you initially got odds of 3.5. It's near the end of the game and the Canadiens are 3-2 up, however the Rangers are looking threatening and could score. You could cash out at this point and, for example, get odds of 2.5 for the win, or you could stick with your initial bet and hope that the Rangers don't manage to hit the back of the net before the game is over. Which option you choose really depends on the type of gambler you are!
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We're also staffed by a number of betting experts and always keep our finger on the pulse of the Canadian gambling scene, meaning that our pages should be insightful, accurate and filled with everything a gambler would want to know.
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If you're already familiar with odds at standard gambling sites, the live gambling odds should be pretty easy to work out. They're displayed in the same format - which is usually decimal odds in Canada - and the higher the number, the higher the odds are, but the lower the chances are of the bet being successful.
If you're confused about the way odds are displayed, here's how to work out the amount you could win. First, you should subtract 1 from the odds, so 3.5 would become 2.5. You then multiply the amount you bet by the new figure. For example, a $10 bet would be multiplied by the 2.5, giving you a result of $25. This is the sum you'll win if the bet is a good one, and it includes getting your stake back.
Whether you want to place a bet on this evening's NHL match, or make a live prediction during the soccer, you'll find you can do so at any of our recommended live betting websites. We've gone through all the sites available to Canadian players to ensure you only ever play at the sites best, most secure sites. Why not read through the reviews of our top-rated live sportsbooks right now?
Live betting is exactly what it sounds like - it's when you bet on a sporting event as it's happening, meaning you can engross yourself in the contest and use your own knowledge and skill to make winning bets. It's become incredibly popular throughout the world thanks to the increased excitement it brings.
When the match starts, a page will open featuring all live bet options. The odds will then change as the sporting event ebbs and flows. You'll need to pick the right time to make the right bet in order to maximise the amount of profit you can make. Live betting is offered on most sports, including NHL and NFL.
Yes, it certainly is, and this is for two main reasons. The first is the fact that live betting really enhances your enjoyment of a sporting event, as you'll always have something to cheer for. The second reason is that knowledgeable gamblers can really capitalise when betting live.
You can bet in play at pretty much every online sportsbook found in Canada - sites now have to offer it, otherwise they'll fall a long way behind the competition. You'll usually find the live betting option has its own place on the main menu, so it should be very easy to find.
Free bets allow you to bet on sport without risking your own cash. If the free bet is successful, you'll be paid the correct amount of money, however you won't be able to withdraw it straightaway. Instead, you'll need to bet the money a number of times over, which is called the rollover requirement. This can be found in the bonus' terms.
The NHL is massively popular with live betting enthusiasts, as is the NFL, NBA and MLB. Canadians also love to gamble on soccer, plus many enjoy live betting on tennis or golf.
You certainly can. In fact, mobile gambling is nearly as popular as desktop gambling nowadays, meaning sites that aren't mobile-friendly will never be able to compete in the marketplace. All mobile devices are generally supported, including iOS and Android devices, and all you need is an internet connection.