Single Game Betting vs. Parlays
If you are new to sports betting, you might not fully understand the difference between single-game betting and parlays. Single-game bets let bettors wager on the outcome of a single contest or on events within that contest. In addition, single-game wagering supports various bet types, the most popular being moneyline bets, point spread bets, totals, prop bets, and futures.
Parlay bets, also called accumulators, combine multiple selections into one wager and can produce generous payouts. However, every leg must win for the parlay to pay out; if even one selection loses, you forfeit your stake.
Single-game betting increases your chances of success and makes bankroll management easier. Canada is following in the footsteps of the United States by relaxing its laws and allowing each province to decide how to regulate its betting market. Each province must also appoint the authority that will oversee the industry.
Province-by-Province Overview of Sports Betting Regulations
At the time of writing, sports fans in Ontario can place bets at over 20 locally regulated betting sites, including DraftKings, FanDuel Ontario, bet365 Ontario, and others. The body that oversees gambling in the province is iGaming Ontario, a subsidiary of the Alcohol and Gaming Commission of Ontario.
British Columbia offers legal online and retail sports betting. In August 2021, the province launched single-game wagering on PlayNow.com. Just two months later, PlayNow had processed more than $25 million in single-game bets. The BC Lottery Corporation regulates all gambling activities, including sports betting.
Manitoba also introduced single-game betting shortly after the federal ban was lifted. Bettors can place single-game wagers through PlayNow.com, currently the only site licensed by the local regulator, the Manitoba Liquor and Lotteries Corporation. Both online and in-person betting are permitted in Manitoba.
Sports fans in Quebec can place single-game wagers online and at retail locations via Loto-Quebec’s sports betting platform, Mise-o-jeu. The platform even allows users to wager on live events.
Within Quebec lies the Mohawk Territory of Kahnawake, a First Nations reserve that operates under its own regulatory body. The Kahnawake Gaming Commission ensures that all gambling conducted on its territory is fair and responsible, and many online sportsbooks hold a license from this commission.
In 2016, the New Jersey Division of Gaming Enforcement (DGE) announced that operators licensed by the Kahnawake Gaming Commission could no longer accept bets from U.S. customers.
Other Canadian provinces that currently offer online single-game betting include Alberta, New Brunswick, Newfoundland and Labrador, Nova Scotia, Prince Edward Island, and Saskatchewan.
Remember that online sports betting is not yet available in every Canadian province. The Northwest Territories, Nunavut, and Yukon allow bettors to wager on single events only through Sports Select. Bettors must visit participating retail outlets and convenience stores to place their wagers. The Western Canada Lottery Corporation oversees Sport Select.