Futures betsĪs the name suggests, this is a wager on an event or outcome that will take place in the more distant future (beyond the current day or week). Examples of prop bets include things like how many shots a particular player will make in a basketball game, or the total number of touchdowns in the Super Bowl. Prop bets, or proposition bets, are bets based on occurrences or non-occurrences during a game or match that don’t necessarily impact the overall result or outcome. Oddsmakers are responsible for setting the totals number, and bettors then need to determine whether the total number of points scored by both teams will go ‘over’ or ‘under’ the oddsmaker’s total. Totals bet (over/under)Īlso known as over/under betting, a totals bet is the combined score of two teams in any given sporting event. They have to win by two or more points for the bet to come off. For example, Toronto Maple Leafs are listed with a -2 spread. In sports spread betting, you’re betting on your chosen team or player to win by so many points. These simplify sports gambling on events where one team or player is clearly superior to the other. You’ll also find spread betting (also referred to as point spreads) on Canadian sportsbooks.

On the other hand, if you backed the favourites, the Cleveland Cavaliers, you would only make a profit of C$40, plus your C$100 stake back for a total return of C$140. So, if you were to back the Toronto Raptors to win an NBA game, you would make C$300 profit, plus your C$100 stake back for C$400 total return. Teams with a minus sign in front of them are the favourites, while teams represented with a plus sign are the underdogs. One of the most popular bet types, the moneyline is simply wagering on which team will win the game.

We’ll take you through some of the best bets available on the market today, from moneyline and point spread to live betting. There are several different ways in which you can place a sports bet.

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