Along with the NBA and NHL, the NFL is one of the hottest leagues to bet on in Canada. In 2022, the Canadians are as crazy about hockey as they’ve always been.
At the same time, a growing number of them are eyeing NFL betting opportunities south of the border. If you live in Canada, here’s how you can bet on NFL matches in three simple steps.
Open a Sportsbook Account
Single-event sports betting is already legal in Canada’s largest provinces, including Ontario. So, many whale sportsbooks like BETMGM have shown serious interest in the looming new markets.
The list of available sportsbooks continues with Sports Interaction, BET 99, and Bet365, but the lavish BetMGM Ontario bonus code dwarfs them all.
Up to $1,000 Welcoming Bonus
BetMGM Sportsbook will most likely roll out in April 2022 in Ontario, and the sportsbook promises newcomers to their site up to $1,000 risk-free bet with their unique promotion code.
If you think you know the NFL like the back of your hand, open an account with BETMGM as soon as the platform goes live in Ontario.
Even if your initial $1,000 bet loses, the sportsbook will refund the sum to your credit card. Newbies can also take advantage of MGM’s parlay insurance, which will also be available on NFL single bets.
Inexperienced bettors fall for parlays because they allow them to wager on several NFL games at once and chase higher profits with a small bet.
Make a Deposit
To make your first bet with BETMGM, you need to deposit at least $10 into your account. You have a wide variety of options here. You can make a deposit by debit card, direct bank transfer, or PayPal.
All you have to do is follow the instructions on their mobile app or website. Once you see the confirmation screen, you can start betting.
Place Your First Bet
Once you’ve made a deposit on BETMGM or any other platform of choice, it’s time to make your first bet. Apart from the parlays I mentioned above, you’ve got several different options to check out.
Moneyline
The most straightforward of all bets, a Moneyline will bring you small profit if the favorite wins their NFL match. To make big money, you’ve got to play against the odds and predict that David will beat Goliath.
Point Spread
Also known as handicap betting, this index shows the difference between two teams with similar odds. For example, if team A has a +10 spread, they are the underdog in the match. So, your bet wins if they win or lose by not more than ten points.
On the contrary, if team B has a -10 handicap, they are the bookies’ favorites, and your bet wins only if they beat their opponents by ten points or more.
You Can Bet on More Than Scores
The so-called Prop Bets allow bettors to wager on aspects of the match other than the final score. You can bet on who will score the first touchdown or over/under a certain number of passing yards per quarter.
Final Words
Most bettors place combined bets when playing on a single wager to increase their chances of winning. The most common combinations are points spread + over/under and Moneyline + over/under.
