Nov 27

Canada Online Sportsbooks & Casinos: One thing leads to another

Canada Online Sportsbooks & Casinos: One Thing Leads to AnotherThe largest, most populated provinces in Canada have recognized the need for a competitive, internet-based gambling market. British Columbia, Manitoba, Ontario and Quebec each offer their residents a safe and secure, home-grown online casino venue, complete with a wide range of gaming options. For Canadian casino fans, it’s more than enough. But what about those who also enjoy sports betting?

The argument has been circulating for years, but never so vigorously as it has since May of this year. That’s the month the US Supreme Court overturned a 26-year old law banning sports betting across most of the country.

Canadians are no longer content to play their Pro Line parlay tickets. They want good odds, on single event bets, and they know exactly where to get them. And while they’re at it, they’re taking advantage of other online gambling needs that they could have gotten right here in Canada. But why should they?

Best Canada Online Sportsbooks Aren’t in Canada

The law may not permit Canadians to bet on single sporting events here at home, but there’s no legal recourse for betting over the internet with internationally regulated sportsbooks. Logging onto these websites gives punters access to all the games they could ever desire to bet on, in all ways imaginable, and then some.

For years, a small margin of Canadian sports fans used offshore sportsbooks to place their bets. Now that it’s legal to do so for our neighbors to the south, the attraction is so much stronger. And with mobile gambling set to surpass traditional desktop betting, it’s more convenient than ever before, as well.

The end result is simple. With no good online sports betting in Canada, more and more people are accessing international betting sites than ever. But that’s only part of the problem. International sportsbooks aren’t just taking a toll on our Pro Line ticket sales. They’re detracting from the clientele at those provincially run online casinos our government officials spent so much time and money establishing.

One Thing Leads to Another…

So many of today’s premier online gambling websites are a multi-channel affair. Take Unibet for example. It’s a one-stop-shop for all your iGaming needs. There’s Unibet Sports, Unibet Casino, Unibet Poker, Unibet Bingo, etc., etc., etc. A lot of today’s major brands offer the same multi-channel set-up. When a Canadian joins one of these websites to gain access to good online sports betting odds, what’s to stop them from using the other verticals?

Think about it. Bob from Ontario could use Unibet Sports to bet on the Toronto Blue Jays, and then log into PlayOLG.com for his blackjack gaming, but why should he? Bob is a busy man. With Unibet, he could make a single deposit into a single account, then bet on both with just a few taps of his finger. Bob would also have access to larger deposit bonuses, bigger tournaments and a throng of additional promotions that home-grown operators simply can’t stack up to.

The only argument Canadian provinces can pose is that Bob should game with them, because his losses will end up in the provincial tax coffers. Bob doesn’t want to hear that. Bob wants to hear that. He doesn’t want to hear how his losing will benefit others. He wants to focus on winning. And with offshore online sportsbooks and casinos, his odds of winning are so much better.

We Need Good Online Sportsbooks in Canada

As you can see, the need for more liberal sports betting laws goes so much deeper than most of our government officials, and even regulatory bodies, realize. It’s not just sportsbook revenue we’re losing out on. It’s not just a mere fraction of Canadians taking advantage of offshore internet gambling websites.

One thing leads to another, and the problem will only get bigger. Instead of missing out on higher revenue, provinces are going to start losing revenue all across Canada. Online sportsbooks are what the people want, and until the government gives it to them, they’re going go out and get it—along with everything else they want to wager on—elsewhere.

written by Grameister777 \\ tags: , , , , , , , , , , , , , , , , , ,

Oct 08

NASCAR betting rules coming in 2019 as Dover hosts first on-track bets.

As the green flag waved down over Dover International Speedway this weekend, it indicated much more than the start of the Gander Outdoors 400, part of the Monster Energy NASCAR Cup Series, at the popular Delaware raceway. It also marked the beginning of a new era in auto race betting.

First on-site auto race betting comes to Dover Intl Speedway, NASCAR betting rules to follow.

Fans line up to place first on-site bets on Sunday’s NASCAR race at Dover International Speedway in Delaware, October 7, 2018 – photo credit AP

The Dover racetrack launched its new on-site betting kiosk on Sunday, becoming the first NASCAR track ever to permit race gambling on location. With the introduction of sports betting, the racing association says it will be implementing gambling regulations for the sport next year.

NASCAR Betting Rules Coming in 2019

At present, there are no rules in place to direct NASCAR associates, drivers or members of their crew. All are capable of betting on races, should they choose to do so. Kyle Busch could place a bet on himself, or on any other driver. And if history has taught us anything, it’s that contestants being able to bet on themselves and/or others does not bode well for the integrity of the sport.

On-Track Auto Race Betting on NASCAR Cup SeriesSteve Phelps, President of NASCAR, says a whole new set of guidelines will appear in the racing rulebook next year. The regulations will address a number of gambling factors, including who can bet, what can be bet on, and the code of conduct for sponsorship.

“I think for ’19, we’ll have some rules that we’ll put in place,” said Phelps on Sunday. “For right now, there’ll be betting here. They have a kiosk here, you can bet inside. We’ll study and see how that goes, but I think we’ll have some rules in place for sponsorship, for what betting looks like, and continue to see what happens in the landscape overall.”

He believes drivers and teams understand “the way the rulebook looks today”, and says that clarification will come next year. No doubt, it will provide exclusions that prohibit drivers and teams from participating in auto race betting.

“From a sponsorship standpoint,” adds Phelps, “I think sponsorship will definitely … gravitate to NASCAR as most sponsors do because of the return on the investment they can get because of the visibility that it has.”

Auto Race Betting in Dover

Delaware has taken an accelerated approach to sports betting. On June 5, 2018, hardly three weeks after the PASPA law was rescinded by the US Supreme Court, the necessary regulations were in place to launch a full-scale sports gambling market in the state. It took a bit longer to get on-site auto race betting on the menu.

Fans were lined up at the betting kiosk outside Dover International Speedway hours before Sunday’s big race, placing their wagers on various outcomes and situations. Straight up bets on the eventual winner weren’t the only popular means of gambling. Various prop bets were made available, including things like ‘most laps led by any driver’, and the ‘total number of caution flags’ waved over the course of the race.

NASCAR betting isn’t the only option, either. Delaware’s Dover International Speedway and Dover Downs each offer a wide range of professional league sports betting options at their properties; baseball, basketball, football, golf, hockey, and soccer round out the current menu.

written by Grameister777 \\ tags: , , , , ,

Jul 17

The Market Marauders Approach to Gambling: Online casino games, sports books, or poker? Pick your digital poison.

Online Casino games, sports books or poker? Pick your digital poison.This may be the digital age—an age where the upcoming generation knows nothing of touch-tone phones, hard-cover dictionaries, or mechanized musical apparatus—but gambling existed long before the internet, or anything close to touch-screen technology. And yet, the forms of gambling enjoyed today are the same types our long-lost ancestors enjoyed centuries ago. We just enjoy them a bit differently, and with much greater ease of access. 

Online gambling opened a vast door of opportunities. The three most popular types of online gambling align closely with the most famous gambling amusements of old. Wagering on sporting events, or any competition of athletic prowess, was the first among them. Card games, much like the poker games played today, came after. Then, just a few short centuries ago, gambling was commercialized by way of casinos, with game variety evolving and expanding throughout the decades. 

Online Casino Games, Sports Books or Poker? Pick your Digital Poison

The internet made access to these games so invariably convenient. As a result, the number of casual gamblers has exploded. For so many, the idea of whether to place a wager is no longer the question, but rather on what to place a wager? 

Online Casino Games 

Casino games are perfect for those who have no exceptional passion, particularly for sports or mentally-extraneous poker games. The variety of gaming options is immense. They range from the easiest of games, like slot machines, to more complex titles with a multitude of betting options, such as craps and roulette. Card gaming enthusiasts will find no shortage of table games; things like blackjack, baccarat, pai gow poker, Caribbean stud, let ‘em ride, red dog, war, ultimate Texas holdem, the list goes on and on. And that doesn’t even include the array of single-player video poker variants on the market. 

If having a wide selection of entertainment suits your fancy, online casino games are a perfect choice. And another fascinating corollary of the internet is access limitless to tips, tricks and strategies to increase your odds of actually winning these games. You won’t sway the edge into your favor, but there’s nothing wrong with raising the odds. 

Online Sports Books 

The oldest gambling form in history, betting on sports contests has always been popular. It’s no surprise that more and more people are using their computers and smartphones to place bets than ever before. Where betting on the locally televised events was once fancied, the internet gave us access to wagers on every possible contest played around the globe. 

If you enjoy athletics in general, whether it be a particular sport or league, or anything worthy of ESPN coverage, sports books present the perfect opportunity to increase the action. If you happen to closely follow the sports and leagues you wager on, you’re already a step ahead of the game in making the best statistical picks. 

Online Poker Rooms

Unlike online casino games and sports betting, the popularity of poker is clearly a product of the world wide web. Before the internet came along, the World Series of Poker—the most prestigious poker event in the world—never once saw 400 players in the field. 

Then in 2000, when online poker was in its absolute infancy, interest began to rise, if ever so slightly, attracting a record field of 512. The next year, 613. And in 2003, when the first WSOP satellites were offered online, the crowd rose to 839. That was the same year Chris Moneymaker took a satellite entry all the way to the WSOP Championship bank for $2.5 million. His success encouraged a much larger field of over 2,500 players the following year. Since 2006, entries have fluctuated anywhere from 6,300, up to the current record of 8,773. 

But alas, poker is not a game for the faint of heart. One must master the skill of mathematics, or psychological warfare, to have any hope of survival. Those who master both… they are the freakishly successful pros we love (fear) and admire today. 

Of course, the choice is yours to make. Online casinos, sports books or poker? Only you can decide which is right for you. The best advice I can offer is to choose your gambling sites wisely, know the games you play, start small, and always be mindful of your budget. 

written by Grameister777 \\ tags: , , , , , , , , , , , , , , , ,

Jul 14

Complex Sports Parlays: Understanding If Bets and Reverse Bets

Complex sports parlays, How If Bets and Revers Bets workSome sports betting options are simple. Straight up bets are the easiest. “I bet $5 this team will beat that team.” Couldn’t be easier, right? Then there are some more complicated types of wagers that serious punters thrive on. If Bets and Reverse Bets are certainly among them.

In general, parlays aren’t the types of wagers I’m attracted to. The more contests you pick, the longer the odds become of winning. Of course, the payout gets higher too, which is one reason some people like them. But if bets and reverse bets are a bit different. They allow parlay punters to hedge their bets, in a manner, making them less risky.

Understanding If Bets and Reverse Bets

As I said, these can seem like pretty complex sports parlays. But once you understand the concept, they aren’t so difficult at all. If you’re like most sports betting enthusiasts, you’ll either love them or hate them.

Because these are essentially parlays with extenuating circumstances that govern their profitability, you need to be familiar with basic parlay bets first. You can learn more about how to bet on parlays here:

How to Bet on Futures, Parlays & Teasers

How If Bets Work

An If Bet could be called a protected parlay. Or, you could call it a straight up bet on one team, which rolls over to the next team if it wins, and the next again if that one wins, etc. Most online sportsbooks allow punters to select between 2 and 6 picks.

In order to collect any pay out, you just need the first selection to be correct. If that selection wins, you get the payout, and the original stake rolls over to the next pick. If the second selection is also correct, your profit increases, and again, the parlay continues. The bet remains active until one of your picks loses, or until all bets come in correct. If, however, the first selection loses, it’s all over—the wager is lost.

For example, let’s say you place a $100 if bet on three hockey games. You choose the Maple Leaves, Canucks and Penguins to win, in that order. We’ll assume each pays even money, to make things simple, but of course, that won’t always be the case (see Understanding Sports Odds for more information).

Here are the possible scenarios…

  • The Maple Leaves lose. Your wager is lost and the bet is over. Or…

  • The Maple Leaves win. You receive $100—an equal amount to your stake—and the bet continues. Then…

    • The Canucks lose. Your initial $100 stake is lost, but you keep the first $100 payout. You’ve broken even, and the bet is over. Or…

    • The Canucks win. You receive another $100 payout, and the initial stake is placed on the next game. The parlay continues. Then…

      • The Penguins lose. Your initial $100 stake is lost, but you keep the $200 payout for the first two games. You’re up $100, and the bet is over. Or…

      • The Penguins win. You receive another $100 payout, plus your original stake back, and the bet is complete. Your profit is $300.

How Reverse Bets Work

A Reverse Bet is simply a compilation of If Bets that set the picks in all possible orders. Using the same example as above, a $100 reverse bet on these three teams would look like this:

Maple Leaves – Canucks – Penguins

Maple Leaves – Penguins – Canucks

Canucks – Maple Leaves – Penguins

Canucks – Penguins – Maple Leaves

Penguins – Maple Leaves – Cancuks

Penguins – Canucks – Maple Leaves

In this way, if just one of your selections is correct, you’re guaranteed to receive at least $200. If two teams win, your receive $600. And if all three teams win, you get $1,800, plus your initial stake back.

However—and this is a BIG however—your initial stake is multiplied by the number of bets being placed. In this case, there are six total bets, for a total stake of $600 ($100 each).

This means that, at even-money odds, two of your selections must be correct just to break even. A profit is only made if all three are correct. If one is correct, you lose $400; if none correct, you lose $600.

To have a decent chance of being profitable, reverse bets are generally made on underdog teams with long odds and high payouts for a win. If the odds are long enough, you can actually make a profit on just one team’s unlikely success.

written by Grameister777 \\ tags: , , , , ,

Jul 09

Guide to Easy Alternative Sport Bets: Spreads, Totals and Prop Bets

Guide to Easy Alternative Sports Bets – Spreads, Totals and Prop BetsSports betting is one of the most common gambling mechanisms in the world. Whether it’s a friendly bet between friends, an online wager with your favorite sportsbook, or laying odds at the local casino—putting action on an upcoming sporting event certainly increases the entertainment level of watching the game.

Previously, in our introduction to sports betting for beginners, we covered the most basic wager of all—the straight up bet. This is a simple wager for one athlete or team to win over the other. Today, we’ll get a little more involved, covering a few intermediate types of sports wagers.

Easy Alternative Sports Bets

There are nearly as many ways to bet on sports as there are types of sports to bet on. That’s a high number, let me tell you. We won’t get into the more complex wagering methods just yet, though. Some easy alternatives to the straight-up betting include point spreads, totals (a.k.a. over/unders), and prop bets.

Betting on Point Spreads

Point spread betting is extremely easy, once you become familiar with the semantics. It’s all about calculating the probable difference between how much one team scores, versus their opponents score. Point spreads are very similar to straight up bets, except that instead of picking one team to win, you’re picking a range of how many points a team will win or lose by.

The bookmaker will set the spread, and the payout is always even money. For example, let’s say the Toronto Raptors are playing the Boston Celtics. The spread might look like this:

Toronto Raptors -8

Boston Celtics +8

This means the bookmaker believes the Toronto Raptors will win by 8 points. Therefore they’ve deducted 8 points from their total score. The Celtics are the underdog, and have been given +8 points.

If you choose to bet on the Raptors, they must win by more than 8 points in order for your wager to pay out. If the Raptors lose, or win by 7 points or less, the bet is lost.

If you pick the Celtics, they must either win, or lose by less than 8 points in order for you to win the bet. If the Raptors lose by 8 or more points, you lose the bet.

Should the game end directly on the points spread—meaning the Raptors win by exactly 8 points—it’s a tie. All player bets are lost; the bookmaker wins everything.

Betting on Totals (Over/Unders)

Totals, or Over/Unders as some call them, are similar to point spreads. However, you’re not betting on a team to win/lose by a certain range of points. Instead, you’re betting that the total score between both contenders will be higher or lower—over or under—the total score estimated by the bookmaker.

Let’s say the projected total score for a football game is 42.

If you bet Over, you’re betting that the two teams combined will score a total of 43 or more points. If so, you win. But if the score is 42 or below, you lose.

If you bet Under, you’re wagering that the total score will be 41 or less. If so, you win. But if the score is 42+, you lose.

Again, if the score is exactly 42, the bookmaker claims all bets.

Prop Bets and Specials

Prop bets, short for proposition bets (a.k.a. Specials), are very different from straight up bets. It has nothing to do with winners and losers, or who scores the most. These are extremely easy sports bets on whether some particular event will occur during the game.

Some examples of common prop bets in football include:

  • Which team will win coin toss
  • First team to score
  • First player to score
  • First score will be a touchdown
  • First score will be a field goal
  • Team who scores first will win
  • [Player Name] will score a touchdown
  • Special teams will score touchdown
  • [Player Name] will fumble

These and other prop bets can be applied to all types of sports, in many different ways. The payouts will be determined by the bookmaker, based on the likelihood of the event occurring.

Once you’re familiar with some of these easier alternative sports bets, why not explore some of the more complex wagering options? See our follow-up tutorial, Advanced Sports Betting Tactics, dealing with futures, parlays, teasers and pleasers. You can also learn about special types of parlay wagers in our segment on Understanding If Bets and Reverse Bets.

written by Grameister777 \\ tags: , , , , , , ,

Jun 28

ULeth Prof. says Canada single-game sports betting law will broaden.

Dr. Robert Wood says Canada single-game sports betting law will come to passDr. Robert Wood has an academic resume a mile long. After earning a B.A. (Hons), M.A. and Ph.D in Sociology, he went on to become a Professor of Sociology, and the Dean of the School of Graduate Studies, at the University of Lethbridge in Alberta, Canada.

According to his auto-biographical profile on the ULeth website, Dr. Wood says for the last 15 years:

…my research activity has been situated predominantly in the area of problem gambling, with particular foci on Internet gambling, problem gambling revenue, the socio-cultural aspects of problem gambling, prevention of problem gambling, and public policies related to gambling in contemporary society.”

In a recent report, Dr. Wood shares his expertise on single-game betting on sports, and how the “trickle effect” will see the Canadian government legalize this multi-billion dollar industry.

Canada Single-Game Sports Betting Law will Broaden

Wood admits that Canada’s gambling laws are already lenient. We have land-based and online casinos, poker, bingo, lotteries, and—to a limited degree—sports wagering. However, the Pro-Line and Sport Select products currently available are more restrictive than most bettors would like. Wagers must be placed as parlays, selecting the outcomes of multiple events, as opposed to single-event betting.

To the south, sports betting has been wholly illegal in all states except Nevada for more than two and a half decades. The US Supreme Court overturned that law last month, opening the levy for a flood of legal sports betting across the country.

This action brought about the biggest question in the history of Canadian gambling laws since the inception of provincial lotteries in 1969…

Will Single-Game Betting Become Legal in Canada?

Live, Online and Mobile Single-Game Betting on Sports in CanadaDr. Wood certainly believes so. “I’d be surprised if if we don’t follow suit,” he says. “There is often a trickle effect associated with gambling. The fact that it will be legal in the U.S. is going to make it pretty hard for us to maintain it as an illegal form here.”

He argues that the stigma that once surrounded gambling, and even online gambling, no longer exists in Canada. Betting on single events is something that already takes place on a widespread basis in the country—or more appropriately, outside the country.

An estimated $4 billion is wagered annually by Canadians through offshore websites; which are, for the record, not illegal to access. Sources indicate as much as $10 billion more is bet each year through organized crime.

“You’re trying to regulate something that many people want to do and something that, for most people, is not that morally contentious anymore,” says the Professor.

Legalizing Single-Game Betting Won’t Solve Everything

“Even if the government legalizes sports betting, it doesn’t mean you’re going to stop all illegal gambling,” he continues. In his expert onion, it is largely dependent “on the quality of the product”, as has been proven already by existing online gambling websites.

“Some countries have regulated online gambling in order to minimize the outflow of cash, but the product they offer isn’t very desirable,” he says. “The games aren’t what gamblers want to play and ultimately it fails.”

Thus, if and when Canada does broaden its sports betting laws to include single-event wagers, provinces will need to take the extra step to provide a product that genuinely appeals to Canadian punters. Otherwise, billions of dollars will continue to flow offshore, and into the hands of criminal organizations.

The Social Effects of Legalization

Being an expert on the social aspect of gambling and addiction, Dr. Wood’s opinion is highly valuable in this regard. One of the major arguments against legalization is that it will proliferate problem gambling. Professor Wood disagrees.

“There’s always going to be a social cost to gambling,” he says. “There’s a small proportion of the population that becomes addicted to gambling or develops some sort of severe form of problem gambling and that’s always going to be the case, whether it is legal or illegal.”

He believes the determining factor will be the government’s willingness to reinvest “enough of the gambling revenue in a way that’s going to minimize the harm.” Unfortunately, Dr. Wood doesn’t believe Canada’s politicians have been very effective in that department.

“For the government, it comes down to revenue,” he says. As of now, the lack of a Canada single-game sports betting law is a missed opportunity. “It’s just lost revenue that could be used to fund any number of positive social initiatives, and to treat gambling problems that already pose a cost to our health-care system.”

written by Grameister777 \\ tags: , , , , , , , , , , , ,

May 22

Could expansion of Canada sports betting law lead to illegal match fixing?

Canada Sports Betting LawWhen the US Supreme Court ruled to overturn a 26 year old law prohibiting sports betting in all states but Nevada, it ignited a fire beneath political agendas all across Canada. One after another, advocates of legalizing single game sports betting bled from the woodwork, touting numerous benefits. At the same time, opponents began pleading their case, with a single, but ominous, message.

Sports Betting Expansion leads to Match Fixing

Anti-gambling expansion crusaders fear, above all, that such an expansion would potentially compromise the integrity of Canada’s professional sports leagues. Their theory is a simple one, and one that government officials don’t seem to have an answer for; at least not yet.

How do you ensure that the athletes and/or referees won’t be swayed by generous ‘donations‘ to throw a game, or make an erroneous call? If organized crime is able to infiltrate Canadian sports for profit, it could not only destroy a multi-billion dollar industry, but the beloved pastimes of fans all across the country.

Sandy Garossino has spent years lobbying against the expansion of gambling. In 2011, she co-founded an organization called Vancouver Not Vegas; a successful campaign that helped to dissuade Vancouver City Council from approving the expansion of a downtown casino.

She is leery of the potentially corruptive effects of single game sports betting. “You can do a lot of damage to the integrity of your oversight and regulatory culture when you make [officials] responsible for a field that is inherently at risk of infiltration by organized crime,” says Garossino.

Support Mounts for New Canada Sports Betting Law

Despite those fears, the support for expansion is mounting. The very moment the US Supreme Court decision was announced, the Canada Gaming Association (CGA) spoke out in favor of single-sport betting. Others were quick to follow.

The British Columbia Lottery Corp (BCLC) is another long time proponent of expansion. BCLC told Business in Vancouver in no uncertain terms that it’s on board with the idea, having supported altering the Criminal Code to permit wagers on individual games for many years.

Legislation was submitted to do just that in 2012. The House of Commons unanimously passed the measure, but it failed miserably in the Senate. Manitoba MP Brian Masse renewed the charged in 2016, but this time it was the House of Commons that turned it down by a vote of 156-133.

An optimistic Paul Burns, President of the CGA, believes ‘the third time’s the charm‘. In his assessment, the support of North American sports leagues, like the NBA and MLB, had everything to do with nationwide legalization in the US. He thinks similar lobbying efforts will usher in a new legislative era here in Canada, as well.

“We know that there’s an appetite for single-event wagering because of the volume of money that we’ve been able to ascertain that goes to overseas sports books,” asserts Burns. “It’s in excess of $4 billion annually.”

Single Event Sports Betting = More Money for Gov’t

If there’s one thing we can all agree on, it’s that money makes things happen. In this case, provincial governments are looking at millions, if not billions, of dollars that could be flowing into their coffers. Instead, that money is siphoning offshore to international, online sportsbooks that offer single-event betting.

It’s not illegal for Canadians to access these websites. Burns points out that the Criminal Code says gambling can only be regulated and conducted by provincial governments. But since these operators are offshore, the bets don’t take place in Canada. Therefore no court challenge has ever arisen. No Canadian has ever been charged with illegal betting for using the sites. And no government agency is collecting any revenue from it.

In a statement, BC Attorney General David Eby agrees that a change to Canada sports betting law just might be the perfect answer to a growing problem. “It may be that legalization and regulation of single-sport betting is ultimately the most appropriate route to address this ongoing issue of unregulated sites.”

written by Grameister777 \\ tags: , , , , , , ,

May 17

Canada single sports betting immediately on CGA’s lobbying menu.

Canada Single Sports BettingFollowing the US Supreme Court‘s decision on Monday to overturn a 26 year old anti-sports betting law, the Canadian Gaming Association (CGA) took immediate action. The CGA wasted no time in announcing their intention to lobby—and lobby hard—for the legalisation of single event sports betting in Canada.

US Dissolves 1992 PASPA Law

Sports betting of any kind has been illegal in all but one US state (Nevada) since 1992. That was the year the federal government enacted the Professional and Amateur Sports Protection Act, aka PASPA.

Prior to this, sports betting was only legal in four US states. Each of the four were given an opportunity continue with legal sports betting by grandfathering in their existing laws. Only Nevada chose to do so, making sportsbooks a fiery hot commodity in Las Vegas.

On Monday, May 14, 2018, the US Supreme Court voted 6-3 in favor of abolishing PASPA. As such, every state now has the right to legalise and regulate land-based and/or online sports betting activities at their discretion. Anticipating this event, more than one-third of all US states have already passed the required legislation. Their hope is to have sportsbooks open and operating before the start of the 2018-19 NFL season.

CGA Push for Canada Single Sports Betting

Opportunistic US state legislators were not the only ones anticipating this day would come. The CGA published a statement immediately following the SCOTUS decision. It was issued so fast, in fact, there’s little doubt that it was scripted before (if not long before) the ruling came down. The press release outlines their intent to vigorously lobby for single event sports betting in Canada.

The opening statement announces the CGA’s approval of the US Supreme Court decision. However, it goes on to detail the detrimental effects it could have on Canada’s own sports wagering system; unless changes to existing laws are made, and swiftly.

While sports betting has been legal in Canada for decades, punters are restricted to participation in sports lotteries, or parlay betting. We must pick multiple outcomes, and all of those picks must be accurate, or the wager is lost. The odds are not appealing, to say the least. Thus the CGA’s goal is to convince Canada’s Liberal Party that amending the laws to permit single event wagers is paramount to the continued success of provincial sports gambling markets.

The SCOTUS ruling “further reinforces that the Canadian Parliament needs to act,” says CGA Chief Executive Paul Burns. He warns the government that, “Sports betting is a product enjoyed by millions of Canadians who spend billions illegally to access it.”

Can CGA Break the Seven Year Curse?

Provinces have been pushing for single event bets for the last seven years. A simple amendment would have granted the request, giving their regulators a greater opportunity to protect consumers, professional athletes, and the integrity of sports, by permitting single-event wagers.

“This request has fallen on deaf ears,” says Burns.

Bill C-290, introduced by MP Joe Comartin in 2011, spent five years floating through Canada’s lawmaking cabinets. When it languished, Bill C-221 was introduced by MP Brian Masse in 2016. Both had the same directive—to “allow for wagering on the outcome of a single sporting event”. Both failed.

Competition Could Drive Change in Canada

Despite years of opposition to single event sports betting in Canada, there’s one thing the CGA has on its side… Competition.

Throughout history, the US and Canada have remained highly competitive in many major industries. What one does, the other follows. Sometimes Canada pioneers the movement; other times it’s the US that prompts our nation to act. Either way, things tend to get done much faster when there’s a challenge to remain competitive.

That’s exactly where we stand now. Canadian provinces may have generated millions from its less-than-appealing parlay system up until now—with billions more going to illegal single-event gambling—but now, Canadians will have the option to head south across the border and place all the legal wagers they want. If the laws regarding Canada single sports betting don’t change soon, millions more could be lost.

written by Grameister777 \\ tags: , , , , , , , , , ,

May 15

Canada to feel the burn as government ruling legalizes sports betting in US.

Canada Trembles as Government Legalizes Sports Betting in USFor decades now, Canadians have been restricted to a very limited form of legal sports betting activities. Parlays aren’t the most advantageous type of betting. But they are the only type permitted here in Canada. Then again, for most of those years, we could at least bask in the knowledge that Americans had it much worse.

Ever since the Professional and Amateur Sports Protection Act (PASPA) was passed in 1992, US punters in all but one state have been unable to bet on sports—at least, not legally. Before PASPA went into effect, four states were given the option to grandfather-in legal sports betting, but only Nevada chose to do so. Thus, any American who wanted to make a legal sports bet, traveled to Las Vegas to do it.

Those days are about to be over…

Government Legalizes Sports Betting in US

On Monday, the US Supreme Court did away with the federal law that banned sports betting in most states. By a vote of 6-3, history was made—PASPA was repealed. This opens the doors wide for any US state to regulate sportsbooks. Not just sports betting, but the most popular form of single event sports betting.

PASPA Overturned, US Sports Betting Laws ComingNot only are most states sure to jump aboard this lucrative market—in fact, several have already passed the necessary laws to do so in anticipation of this day—chances are it will trigger a mass expansion of US online gambling legalization as well. After all, online sportsbooks are sure to make a fortune, especially considering the exponential growth of mobile gaming.

Canada Must Play Catch-Up w/ Sports Betting Laws

Overnight, Canada has become the underdog in the North American sports betting market. The nation’s provinces, which are currently allowed to offer nothing more than sports lotteries (parlay tickets), stand to lose millions of dollars. They’ll have to play some very quick catch-up in the legislative ledgers to prevent it.

It would only make sense now for provincial governments to beseech federal lawmakers to amend the laws, post-haste. Until that’s done, major provincial gaming regulators in British Columbia, Ontario, Quebec and elsewhere won’t be able to provide their punters with equally appealing odds.

No doubt, officials are already scrambling to take action. Several provinces rely very heavily on the revenue generated from land-based and online gambling. Losing millions of dollars isn’t something they’ll take kindly to. And a history of competition between Canada and their neighbors below the 49th parallel should only help to expedite the process.

Uncertainty Looms as Canadians Play the Waiting Game…

While this all sounds well and good, the Canadian government isn’t exactly known for its consonance. As much as regulators and experts alike know the correct path to take, there’s every chance political figureheads will spend months, even years, debating the future of sports betting laws in Canada.

The country already passed up on a chance to generate millions, if not billions, of dollars from Americans in the northern states. MP Brian Masse spent years touting the benefits of legalizing single-event sports wagers, which would inevitably draw punters from all bordering US states to place their wagers at nearby Canadian casinos. But alas, every effort was dismantled.

Harley Redlick, a sports writer and regular columnist for the Toronto Sun, is confident that—despite Canada’s missed opportunities of the last few years—single event sports betting will be legalized in the Great White North.

“Canada will follow the USA and legalize single sports betting within a couple years to ensure its casinos and economy do not lose jobs and money to the U.S,” writes Redlick. “It is just a shame we always have to react to the U.S. versus proactively doing the right thing when we have the chance.”

written by Grameister777 \\ tags: , , , , , , , , , , , , , , ,

Jan 31

Konami Gaming’s Fortune Cup™ real money horse racing sim headed for Canada casinos?

Konami Releases Fortune Cup Real Money Horse Racing SimIf you know anything about old-school arcades and video games, the name Konami should ring a bell. Konami Gaming, Inc. has been producing first-in-class games for nearly 50 years now. Frogger, Contra, Metal Gear, Gradius, Castlevania, Silent Hill… these are just a few of their most popular series creations.

In more recent years, Konami has been using its superior gaming expertise to develop real money gambling amusements, both for online and land-based casinos. This week, the company is announcing the release of what’s sure to be a hit all across North America.

Fortune Cup™ Real Money Horse Racing Sim

The new Fortune Cup™ game is a mechanical horse racing machine that simulates live races. Its immense in size, consisting of a 9-foot wide race track, large LCD screen, and betting stations for up to 10 players. The track is fitted with 8 mechanical horses capable of traversing to course freely and independently of one another. It’s already been lab certified to meet Nevada’s strict regulatory demands, thus we know the races are as fair as any real-life situation.

Fortune Cup Mechanical Horse Race Betting

The new horse race betting game is sure to change the dynamics of casinos all across North America, where it’s being heavily promoted. Konami’s creation combines modern technology with the high demand for innovation. It was specifically designed to appeal to all gamblers, especially the tech-savvy millennial generation.

The actions of each horse are mimicked in real-time on the digitally animated LCD display. Players have access to odds and statistics for each runner, as well as information on a special mystery progressive jackpot, via touch-screen betting stations. Optional bets include the usual win, place and quintella.

Konami’s Horse Race Betting Las Vegas Approved

The creators have been running a trial of the Fortune Cup game in limited Las Vegas Strip casinos for several months through Nevada’s New Innovation Beta program. The field test evaluates new games that have been lab certified to determine whether they successfully meet payer demand. The process saves a lot of time and money for casinos and manufacturers.

Following a very successful trial, the game is now live in four Vegas casinos and available for installment all across the US and Canada.

“Mechanical horse racing is a unique attraction and beloved casino classic for its shared social experience, fun creative ingenuity, and irresistible nostalgia,” says company EVP and CCO Tom Jingoli. “Konami’s Fortune Cup is bringing that dynamic back to the casino with top quality and advanced features for players to enjoy for years to come.”

Jongoli went on to extol the excitement around the office following the official product release. “Fortune Cup has proven entertainment value both in the legacy of the product category and Konami’s roots as an amusement company for nearly 50 years.”

Fortune Cup Coming to Canada Casinos?

The only question that remains now is this; what casinos will jump on the chance to install the new mechanical horse racing game? According to this morning’s press release, Konami’s multi-station Fortune Cup machines are now available for placement in casinos all across North America.

“Fortune Cup is designed to provide new entertainment options to players and appeal to a broad audience,” says Jingoli. There’s no question that horse racing is immensely popular in Canada and the US. So many of the region’s land-based casinos were first horse racing tracks, long before the slot machines and table games came along.

The device may take up a lot of floor space, but it’s nothing compared to the space betting track casinos devote to live horse racing. This innovative real money horse racing sim gives stand-alone casinos a chance to compete with them in the burgeoning digital realm.

written by Grameister777 \\ tags: , , , , , , , ,