Emphasizing security and customer support, these sites ensure a secure and enjoyable betting environment for all users.
Online Sports Betting Laws in Canada
Sports betting has beenlegal in Canada since 1985.
And in 2021 it passed abill legitimizing single-event wagers.
In Ontario, the sports betting scene is rife with top quality local and international online sportsbooks.
These are regulated byiGaming Ontario.
This government agency has the authority to issue licenses to sportsbooks and give them access toOntario’s betting market.
Dedicated to Canadians only, this sportsbook covers a wide array of sports.
Basketball, especially March Madness, is covered extensively, with all kinds of props and player bets.
BET99 offers a variety of payment methods, including Interac, VISA, MasterCard and Instadebit.
BET99 isnt just for sports bettingit also offers a full casino experience with over 2,800 games.
Fromslotsand video poker to casino classics, bingo, and even lottery games, BET99 has something for everyone.
TonyBet is available in five different languages, including English, French, German, Russian, and Swedish.
This emphasis reflects the growing interest in college basketball within Canada.
Plus it is one of the top sites for combining intricateparlay betsand same game parlays.
For those who prefer to bet on the go, BetVictor provides user-friendly Android & iOS apps.
In addition to its sports betting services, BetVictor boasts a substantial casino section.
It perfectly aligns with the interests of Ontario’s sports aficionados.
Characterized by an intuitive interface and diverse betting options, the sportsbook is right up there with the best.
Understanding the needs of Ontario’s betting community, NorthStar Bets boasts a broad sportsbook covering over 25 sports.
Customer service is a key priority for NorthStar Bets.
Additionally, the platform includes a live chat feature and a comprehensive Help Centre for prompt assistance.
For those in Ontario preferring mobile betting, NorthStar Bets offers a specialized Android & iOS app.
For mobile users they offer bothAndroid & iOSapps.
Exclusive to Ontario All other provinces are prohibited.
Visit NorthStar Bets
5.
The difference between the two subgroups is that Ontario has legitimized the international sportsbooks in its territories.
The other Canadian provinces still have a single sportsbook monopoly.
These international sportsbooks have bigger networks, more resources, and cater to a larger community of sports bettors.
Thus, with higher competition, their betting products are far more comprehensive.
But we don’t mean to say the provincial sportsbooks are no good.
it’s possible for you to join them and test out their products.
Betting on College Basketball in Canada
College basketball is becoming quite the phenomenon in Canada.
The explosive March Madness tournaments and thrill of watching up-and-coming players has caught on in the Great White North.
And the best betting sites in Canada offer a fair share ofNCAAB betting markets.
NCAAB Basketball Bets
The standard pregame betting markets aremoneylines, point spreads and totals.
Moneylines are bets on which team will win a game.
But you might always pick an alternate line to adjust the odds and potential returns to your liking.
Totals are bets on how many points will be scored in a game.
At the likes of Bet99 and TonyBet, you will findpremium NCAAB odds, for better betting value.
Potentially is the key word here, as sports betting is a gamble.
Financial losses are not the only danger of sports betting.
The other, and arguably bigger danger, isgambling addiction and pathological betting.
Betting is really a different ball game tocasino game psychology.
The fast paced nature and big payouts can make casino games a lot more addicting.
Butsports betting is addictivein a different throw in of way.
This is because there is a certain element of skill to sports betting.
But this is not true.
But these probabilities are not directly translated into odds.
Instead, the sportsbooks apply a littlejuiceon the odds,inflating the probabilityever so slightly.
Of course, it has absolutely no impact on what will happen in a game of college basketball.
We are not saying that the bets are rigged against you, far from it.
However, you have to be careful with your budget and double-check you don’t overspend on bets.
After all, your bet is based on your assessment of a game.
This can lead some punters to making reckless decisions or trying to chase their losses.
As yourstress level increases, it is easy to fall prey to other cognitive biases.
Such as thehot hand fallacy, and optimism bias where you overestimate the chances of a favorite.
Or, have a go at buy into winning or losing streaks.
Safer Gambling Practices and Tips
You will want to avoid all of thesebiases and psychological traps.
We recommend you to do a little preplanning and create a system for yourself.
Make a bankroll for your college basketball betting, based on how much you could afford to lose.
Don’t base it on how much you want to win.
But bear in mind that these systems do not guarantee wins.
They are guidelines that only cut losses in theory, not necessarily in real life.
For example, thekelly criterion betting strategyis one that looks for positive expected value in bets.
The next best thing you’re free to do is practice quitting while you are ahead.
These organisations help promote gambling addiction awareness and also teach punters about the dangers of online gambling.
Conclusion
March Madness opens up a world of opportunities for college basketball fans.
Beyond March Madness, theres always something happening in the basketball world.
That said, its important to approach all forms of betting with a clear plan.
Stay in control, know your limits, and never lose sight of the bigger picture.
Weve outlined some key risks to be aware of, because informed betting is smart betting.
The platforms we have picked also have online casino games.
Canada March Madness Betting FAQs
Is college basketball betting legal in Canada?
Yes, it is legal.
Ontario has a regulated market, while other provinces allow betting through government-run or international sportsbooks.
How old do I need to be to bet on sports in Canada?
In the other provinces, the minimum legal age is set at 19+.
Are sports betting winnings taxable in Canada?
No, unless you are a professional gambler who declares betting as a primary income source.
Does Canada have March Madness betting sites?
Yes, platforms like Bet99 and NorthStar Bets offer March Madness betting alongside international sportsbooks accessible to Canadians.
