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The Best Soccer Betting Sites in Canada for 2022

The Best Soccer Betting Sites in Canada for 2022

The famous Italian soccer coach Arrigo Sacchi once said that soccer is the most important of the least important things in life. Anyone who’s ever experienced the passion and thrill of watching it will agree.

Those who enjoy betting on it known just how much can happen in a single game. They’re also aware of all things big and small that can decide a winner.

Whether you’re a seasoned bettor or would like to place your first wager, our recommended websites will provide you with everything you need for a smooth betting experience.

Soccer Betting Sites We Recommend

To help you choose the right online betting site for your soccer bets, we paid attention to these few things (so you don’t have to).

Leagues/Tournaments Offered

Finding a sportsbook that covers popular leagues like the Canadian Premier League, English Premier League, or the Spanish La Liga is fairly easy. But if you’re after smaller leagues, like say, the third Finnish league, you may end up having a hard time finding a betting site that covers it.

This means your chances of finding a value bet (more on that below!) are diminished.

find value bets

Luckily, LeoVegas is well known for letting you bet on niche leagues, which is one of the many reasons we featured it on our list.

Odds

Among the most important things to check before placing your first soccer bet is which website offers the highest odds. And while we will explain the meaning of odds, how to read them, and how to pick a sportsbook that offers the best ones, we also did this portion of the work so you don’t have to.

All of the sportsbooks we recommend have competitive odds. However, they do differ across leagues, and even based on whether you’re betting on the favourite or the underdog.

Stick around!

We feature some examples further down in our guide to give you a general idea of which one is right for you.

Security

All online sportsbooks legal in Canada need to adhere to certain rules in order to be deemed safe and secure.

With that being said, our recommended operators go a step further to protect your account, and offer extensive resources pertaining to responsible gambling.

Easy Navigation

Finally, you want your betting experience to be smooth, and not a pain in the neck. Website navigation plays a huge role in that.

Our recommended sportsbooks allow you to easily find the league, match, and type of bet you’re after. It’s a huge timesaver, and you’ll avoid unnecessary stress!

How to Start Betting on Soccer

Anyone can bet on soccer. You visit an online betting site, you place your bet, and you wait. But to bet smart, you need to master a couple of things first.

Learn What Influences the Result of a Soccer Match

First, you need to know a bit (or, ideally, a lot!) about soccer. Understanding not only the rules of the game but what influences outcomes as well is a must.

For one, if you’re an avid soccer fan, you’ll know that the players’ form and injuries can easily decide the game. To understand the form of each player, you’ll need to look back at their recent results, such as number of goals and assists.

Players’ form

Still, keep in mind that having the team’s top player away due to injury is not the same as missing a player who regularly “warms the bench”.

Whether they play at home or away can influence some teams as well, especially if a dedicated fanbase is something they’re known for.

Next, you’ll want to stay in the know about the players coming to and leaving a team. If the team’s top scorer leaves mid-season, the fact that the team won The Double last year fades in comparison.

Same thing applies to changing a coach.

Players need time to rest!

Even a seemingly small thing such as the date of the team’s previous match can be a decisive factor.

Master Probability, Odds, and Value

Once you’ve mastered how soccer games and outcomes work and what they depend on, it’s time to learn all about odds, probability, and value. After all, those are the terms that will determine how much money you stand to win.

Probability

Probability lets you know how likely an outcome is to pass.

For example, if you’re flipping a coin, there’s a 50% probability it will land on either side. Now, tossing a coin is easier than figuring out the probability of a team winning a game. However, there is some data on it.

For example, if a team has a 1-goal lead, they’re 74% likely to win a game. On the other hand, a 2-goal lead boosts their chances to 94%! This is great to know if you like betting live.

Luckily, you don’t need to be a math whizz in order to start betting on soccer. The probability of the team winning a game, scoring a number of goals, or winning a championship is already factored into your main area of interest: odds.

Odds

The odds on a soccer game tell you two things:

  • How likely an outcome is, and
  • How much money you stand to win by guessing it correctly.

When you’re betting on soccer (or any other sport for that matter) just keep in mind that linemakers always factor vigorish into odds. A portion of each wager is going to them — that’s how they make their profit.

That is one of the reasons you’ll find different odds across different online betting websites, as some bookmakers take a higher “cut” than others. In that case, the odds offered will be lower, and so will be your potential payout.

There are several ways of writing odds. However, decimal odds make it easy to calculate payouts, so we’ll work with those.

Simply take the odds and multiply them by the amount you wagered. Let’s look at an example:

Cavalry FCDrawForge FC
LeoVegas2.303.402.60
888sport2.453.252.45
Royal Panda2.283.302.55
Cavalry FC vs Forge FC

When it comes to the away team and the draw option, LeoVegas has very competitive odds. Meanwhile, the odds for the favourite differ a bit more between the three sportsbooks.

If you bet $100 on the favourite at all four sportsbooks, here’s how much you’ll be getting:

  • LeoVegas – 2.30x$100 = $230
  • 888Sport – 2.45x$100 = $245
  • Royal Panda – 2.28x$100 = $228

When you subtract the original wager, your winnings are, respectively, $130, $145, and $128. Therefore, for the same match, you could get $17 more if you bet at 888Sport, than by betting at Royal Panda.

But it’s not all that straightforward. You’ll often see differing odds for different matches and competitions.

good to know!

The smartest thing to do is to carefully check multiple betting sites before placing your bets.

Now, part of the reason odds aren’t the same everywhere lies in the bookmakers’ understanding of all that goes into winning a soccer match. And that’s where value comes in.

Value

The value of a bet essentially means that you’re playing better odds than is realistic.

If you’re betting on MLS’ biggest rivalry match, Seattle Sounders vs Portland Timbers, dozens of soccer specialists and enthusiasts will be looking into their chances, carefully crafting the odds.

But if you opt for, say, the third Spanish league, not many will be looking into it with so much vigor. With enough knowledge and dedication, you could spot an underdog who isn’t that much of an underdog, place a bet on high odds and win back some decent money.

Value Bets!

By following certain teams closely, you’ll be able to spot the best odds and improve your chances of winning.

Once you’re ready to place your first soccer bet, it’s time to decide what kind of bets interest you.

Betting on World Cup?

If you’re a soccer fan, you’re likely excited about the upcoming FIFA World Cup 2022. After all, Canada has qualified for the first time in 36 years!

Should you decide to set a futures bet on the World Cup, you’ll want to check which sportsbook offers the best odds first.

Brazil, France, and England are the top 3 favorites. Let’s see how their odds compare across different sportsbooks:

BrazilFranceEngland
LeoVegas6.00 7.508.00
888Sport6.006.507.50
Royal Panda5.807.508.00
World Cup futures bets comparison

Even if you’re betting on the clear favourite, you can still gain more by betting at certain providers. For the lesser favourites, the differences in odds are even higher.

By betting $100 on England at LeoVegas or Royal Panda, you stand to gain $800 (minus the original wager), compared to $750 at 888Sport.

The upcoming World Cup offers a sea of possibilities when it comes to futures bets. From group winners to who gets to go into the quarter-finals, or who scores the most goals, you can pick and choose as you please.

Royal Panda Canada Review

Check out Royal Panda’s competitive odds for the World Cup!

Bet at Royal Panda

19+. Gambling can be addictive. Please play responsibly.

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