Soccer Betting Guide Canada

Soccer is the most popular sport in the world with over 4.0 billion followers. Although the popularity of soccer is overshadowed by sports like hockey in Canada, the sport is growing tremendously in Canada.

Soccer had the highest youth participation rate in Canada in 2011 with over 48% Canadians participating in the sport. Canada will also be co-hosting the 2026 FIFA World Cup with the United States and Mexico.

Because of the popularity of Soccer in the world and it’s growing popularity in Canada, there are many different types of betting markets,bet types and odds offered by bookmakers.

Is Soccer Betting Legal in Canada?

Canadians bookmakers are only allowed to offer parlay betting in Canada and this applies not only to soccer betting but betting on all sports.  However, Canadian residents can legally bet on online bookmakers based outside of Canada.

The Best Online Bookmakers For Residents of Canada

When you are looking for an online bookmaker outside of Canada we recommend you to bet on licensed bookmakers. Usually these bookmakers will carry a license from the UKGC(UK Gambling Commission) or the gambling or gaming authority of another country.

Bookmakers authorized by most countries have stringent regulations but these also limit your ability to gamble because they might not allow you to gamble from Canada,limit your choices when it comes to gambling in Canadian Dollars or have taxes involved.

In our opinion bookmakers licensed by the MGA (Malta Gaming Authority) are best for Canadian residents not only for soccer betting but all other forms of sports betting because they give a lot of freedom to sports bettors while also protecting their rights.

Here are some of the best bookmakers licensed by the MGA that have special bonuses for residents of Canada:

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A brief introduction to how sports betting works

If you are a complete beginner to sports betting the first thing you should know is how bookmakers odds work.

The odds set by bookmakers are basically a representation of the ratio between the stake you bet and the amount of money you stand to win if you place the bet.

Odds are usually shown in three formats:

  1. Decimal format: This format is shown in decimals. What the decimal represents is how much you would win for every $1 you bet. For example, if the odds are 2.05, it means for every $1 you bet, you stand to win $2.05.
    Decimal formats are usually popular in mainland Europe.
  2. Fractions: this odds format is usually popular in Britain. The denominator in the fraction represents the bet amount and the numerator shows the amount of money you stand to win from the bet amount. For example, if the odds are 2/1, it means for every $1 you bet you will win $2.
  3. American: The American odds format is popular mostly in the United States and Canada. In this format odds are offered in a + or – format. For example let’s assume there is an international match between Germany and Canada. Germany might have odds like $159 and Canada might have odds like -127. This means in order to win $100 you might have to bet $159 on Germany while you can win an additional $127 for every $100 you bet on Canada.

How soccer betting works

Because soccer is such a popular sport there are plenty of soccer matches for you to bet on throughout the year.If the popular soccer leagues like the Premier League or La Liga seasons end you can still bet on less popular soccer leagues or international matches and competitions.

Apart from soccer matches, you’ll find many different things to bet on in soccer like the number of goals scored,total number of corners, saves by goalkeepers etc.

Many EU bookmakers will give you competitive odds, free bets and special offers that help you get the best value bets.Once you place a bet and the outcomes you bet on are in your favor the bookmaker gives you a payout.

Now, We will be covering the different types of bets in soccer betting:

Match winner bets or 1×2 bets in soccer betting

This is the most simple and straightforward bet in soccer betting. In 1×2 bets or match winner bets in soccer, you basically bet on either of the teams winning the soccer match or on a draw.

One way to understand 1×2 betting in soccer is to see it terms of three outcomes:

Outcome 1: Team 1 wins
Outcome 2: x, or draw

Outcome 3: Team 2 wins

Combo bets or accumulator bets in soccer betting

Combo bets are multiple bets all combined into one.The odds for each outcome are added in this type of soccer bet and each outcome has to occur in your favor so that you win an accumulator or combo bet in soccer betting.

Combo bets offer good odds in soccer but they can be quite risky as well.It is not recommended for beginners or bettors with little experience or knowledge about the sport.

Prop Bets in Soccer Betting

A prop bets or proposition bet is a bet made regarding the occurrence or non-occurrence of an event during a sporting event.

When it comes to player prop bets in soccer betting, you have many options like:

  1. Which player will score the winning goal
  2. Which player will score the first goal
  3. Which player will get the first yellow cards
  4. How many corners will be conceded during the game

Handicap Betting in Soccer Betting

What is handicap betting in soccer?

In handicap betting in soccer betting one of the teams is given a theoretical advantage while the other is given a theoretical disadvantage in terms of the number of goals one of the teams starts of the match with. There are two kinds of Handicap bets in Soccer, the Asian Handicap and the European Handicap bet

Asian Handicap Bets in Soccer

For example let’s say there is a match between Germany and Romania.Germany is the stronger team.

Bookmakers might offer handicap odds such as 

+1.5 goals for Romania,-1.5 goals for Germany.

What this means is that the game is essentially starting at 1.5-0 in Romania’s favor. In order for Germany to win this theoretical matchup, Germany would have to win by a margin of 1.5 goals.

As goals can’t be in decimals, this means that Germany would have to win byu a margin of at least 2 goals.

This means that if you bet on Romania in this handicap bet and Romania loses by margin of less than 1.5 goals, you will win the bet.

Usually in games between two teams of fairly even caliber, the handicap may be set at 0.25 or 0.5. In these cases, the favorite (or the team that has the – goals handicap) has to win by a margin of at least 1 goal.

This is an example of Asian handicap.

There are two forms of Asian handicap bets in handicap betting in Soccer. The first type of handicap we mentioned above is called a half goal handicap.

The second type of handicap in soccer betting is called the full goal handicap. In this case one team is given a whole goal advantage or handicap,sometimes this can be more than one goal.

Let’s go back to our example of the theoretical matchup between Germany and Romania. This time Germany gets a handicap of -1 goal and Romania gets an advantage of +2 goals.

If you bet on Germany you win the game if Germany wins by a margin of 2 goals or more, you lose the bet if Germany draws or loses the game. If Germany wins by a margin of 1 goal, the result in the handicap scenario would be a draw. In this case your bet amount would be returned to you.

If you bet on Romania,you win if Romania wins,draws or loses by a margin of one goal.If Romania loses by a 3 goal margin or more then you lose. If Romania loses by a margin of 2 goals, in the handicap scenario this would be a draw and you would get your money back.

European Handicap bets in Soccer

There are  two main differences between an Asian handicap bet and a European handicap bet in soccer. 

The first difference is that the handicaps are always whole numbers.

The second difference is that draws also have a handicap.

Let’s go back to our example on the theoretical matchup between Germany and Romania.

Bookmakers would offer handicaps in this format

Germany -1, Draw -1, Romania +2.

In this case,If you bet on Germany, you win if Germany wins by a two-goal margin or more.

If you bet on the draw, you win if Germany wins by a single goal.

If you bet on Romania, you win the bet if Romania wins the game, draws the game or loses by only one goal.

Half-time/full-time bets in soccer betting

In soccer betting you can bet on both the first half result and the second half result. Half time/full time bets in soccer basically work like match winner bets where you predict who will lead(or win) the first half or whether the scores will be level (draw).

When in comes to soccer, some teams tend to start matches poorly and this kind of bet is useful if you have done your homework on a team’s past performance and tendencies.

Double chance in soccer betting

Double chance, is a type of bet in soccer which allows you to be on 2 of 3 outcomes. This obviously increases your chances of winning a bet but the odds for these kinds of bets are lower.

The three choices bookmakers will offer you in double chance bets in soccer betting are:

  1. Home team win or draw
  2. Away team win or draw
  3. No draw,Home team or Away team win

Accumulator bets in Soccer

What are accumulator bets?

Accumulator bets involve making multiple bets. In order for you to win the accumulator bet, you have to win all the bets to get the big payout. Accumulator bets are also known as ACCA.

Accumulator bets are one of the most popular bets in soccer betting. This is due to the fact that they offer huge odds. The odds for accumulator bets are high precisely because of the fact that you have to win all the bets, which makes it a risky bet if you are not very familiar with the sport.

Here is an example of how accumulator bets work:

Let’s say you want to bet on 4 teams to win their games in the premier league and you decide to bet on Manchester United,Leeds United,Arsenal and Liverpool to win their games in a particular game week. The odds for each team to win is 2/1.

If you bet $1 for all these teams to win, individually your return would be $2 per team or a total of $8. Your total profit would your total return of $8- $4 that you bet in total. So essentially, your profit would be 2 times your bet amount.

If you decided to place an accumulator bet of $1 on all four of these teams to win, the $2 that you won from the first bet would get transferred to the second bet, if that team would, your money would be doubled and the $4 would be transferred to the third game. If your team won, you would get $8 and this amount would automatically be bet on the fourth match. If the 4th team wins you would get $16.

In this case because of your choice of using an accumulator bet, your profit would be 16 times your original bet of $1.

Goalscorer bets in soccer betting

Goalscorer bets are similar to prop bets. In fact, we can even say that it is a prop bet. As the name implies, goalscorer bets are bets where you bet on a particular player to score during the course of the match.

The odds depend on which player you decide to bet on to score. If you are betting on a player with a good scoring record, the odds would be low.

You can also bet on a player to score at a particular time during the match, for example in the first half, second half or in the final 10 minutes. In this case, the odds would be higher.

Our soccer betting tip when it comes to goalscorer bets would be to look at the statistics of the player and when he is most likely to score during the game. Also, you can choose to combine a match winner bet with goalscorer bets to get a better payout.

Correct score bets in soccer

A correct score bet is one in which you predict the final score of a match. Remember, that this will be the outcome after 90 minutes in cup ties that could go to extra time and/or penalties. The prices for correct score bets are often attractive but, of course, predicting the exact score is far from easy.

A Scorecast is a bet that combines selecting a goalscorer and the correct score. For example, you can bet on Mo Salah to score and Liverpool to win 1-0. Again, the odds on such bets are higher because you are betting on the likelihood of two outcomes. Some bookmakers will also let you choose the goalscorer in a Scorecast to be the first, last or at any time.

A Wincast is similar to a Scorecast, but involves selecting a goalscorer and the outcome of the match rather than the correct score. The odds will not be as high as a Scorecast because it is easier to predict the outcome rather than the scoreline. 

Over and Under soccer betting

Over/under bets in soccer usually involve betting on whether the total number of goals will be over a certain number. Usually you will see these numbers in decimales like over/under 2.5 goals.

If you bet on under 2.5 goals, you will win the bet if there are 2 or fewer than 2 goals during the match. If you bet on over 2.5 goals you will win the bet if there will be 3 or more goals during the match.

You can also use over/under bets on a particular team to score a certain amount of goals. For example if there is a match between Manchester United and Real Madrid, you can bet on over 1.5 goals for Mancheser United or Under 1.5 goals for Manchester United.

In this case, if you bet on over 1.5 goals for Manchester United you will win the bet if Manchester United score at least 2 goals, if you bet on under 1.5 goals for Manchester United then you will win the bet if Manchester United score 1 or less than 1 goal.

You can also bet on over/under corners or yellow cards as well.

In-play Soccer betting

In play soccer betting is also called live soccer betting. This involves placing a bet while the game is being played. This can be very exciting and is popular amongst soccer bettors because of the flexibility it affords to bettors. The odds during live soccer betting are very volatile though. You can read more live soccer betting in our article on live soccer betting from Canada.

Important Soccer Betting Tips

The first soccer betting tip we have for you is to remember that there are no sure shot bets in soccer.You could be very knowledeable about the sport, do airtight research but still end up losing your bet.

That being said, doing your research does tilt the odds in your favor.

The next soccer betting tip we have for you is if you are a beginner you should start off small and with low risk bets like match winner bets or goalscorer bets.

The third soccer betting tip we have for you is to focus on a particular league or like the Premier league, La Liga. This helps you to focus in on the stats in that particular league and not get overwhelmed. As you learn more about the sport you can graduate to betting on international leagues like the UEFA Champions league and other leagues and eventually the international matches and tournaments like the Confederations Cup, EFA European Football Championship, African Cup of Nations, the FIFA World Cup etc.

The final soccer betting tip is the most important one, keep an eye out for your budget. You should start off with a modest budget, keep track of your wins and losses on an excel spreadsheet or google spreadsheet and then as you become more experienced, increase your budget.

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