BEST ONLINE SPORTS BETTING SITES FOR 2025

There is no exact answer to this. It is always best to stick with a sport which you understand the most.

Yes, it is legal to place sports bets and wagers online in Canada.

The laws surrounding online sports betting sites clearly state that any gambling site-based and location in Canada must hold a Government-issued gambling license. 

With a money line bet, one team or athlete is assigned a number with a negative sign (the favorite), while the other gets a number with a positive sign (the underdog).

Example: Kansas City Chiefs  -225 vs Tampa Bay Buccaneers  +325. 

When a team is favored, you’ll have to wager the amount indicated by their number to win $100. In the previous example, a bettor would need to successfully wager $225 on Kansas to collect $100. 

In the case of an underdog, the number indicates the payout on a wager of $100. In the previous example, correctly betting $100 on the Buccaneers would earn you $325. 

A unit is the amount of money you most often wager on a game. A $100 unit is common, while others use $50 units or $1,000 units. If you use units of $100 and decide to wager $500 on a contest, then you would be betting 5 units. 

Also known as a “total,” the over/under is an oddsmaker’s prediction for the combined score of a game. If the over/under for an NBA game is 175, the bettor can wager on the combined score being above 175 (over) or less than 175 (under). 

There are more than a few different odds types. The most popular odds types are decimal and money line odds, with fractional odds just behind those two. The default odds at your sportsbook will depend on your region, but just about all sportsbooks offer several different odds types.