betting line

Sport Select refers to a group of sports betting games offered by Canada's provincial governments. In Quebec, the program is known as Pari sportif, in Ontario and Atlantic Canada it is known as Pro-Line while in British Columbia, it is known as Sports Action. However, the rules for the games are similar in all provinces. Initially created to offer betting primarily on the North American major professional sports leagues, Sport Select has expanded to offer betting on competitions such as soccer's English Premier League and college sports.
Sport Select (or equivalent) tickets can be purchased at all lottery centres across Canada, thus creating one of the most dense sports betting networks in the world. In addition, some provinces are now accepting wagers over the Internet.
Known as Oddset in British Columbia and Mise-O-Jeu in Quebec, Pro-Line offers fixed-odds sports betting, and is the most popular Sport Select game. It does not offer betting on individual matches, partly because betting on a single sporting event is technically illegal under the Criminal Code of Canada. Therefore, Pro-Line is a parlay game where bettors wager on the outcome of anywhere from three to six of the matches offered by the lottery corporation. Decimal odds are quoted for individual matches, the odds for each selection being multiplied to calculate the potential payout of the ticket. For the ticket to pay out, all selections must be correct. Some provinces offer Combo Play which does not require all selections to be correct for a payout, but a Combo Play ticket is effectively nothing more than a number of similar, individual Pro-Line tickets rolled into one. Overtime is considered when determining results, but overtime in soccer is notPoint Spread is similar to those games offered by other bookmakers where bettors are wagering against a quoted point spread. Bettors can make predictions on the outcomes of two to twelve games, depending on the province. The payouts offered vary by province.
Also known as Total in Quebec, Over/Under is similar to those games offered by other bookmakers where bettors are wagering that the number of points scored in each match are over or under the quoted total. Bettors can make predictions on the outcomes of three to twelve games, depending on the province. The payouts offered vary by province.
In recent years, Sport Select has come under increasingly heavy criticism from Canadian gamblers due to the poor odds it offers (from the gambler's perspective). A private bookmaker licensed in the United Kingdom or Nevada generally maintains an overround (or "vig") of about 110%, meaning the bookmaker can expect to pay out $100 for every $110 that is wagered. In Canada, however, the overround for an individual match in Sport Select odds often exceeds 130%. To make matters worse for the bettor, the parlay requirement compounds the overround - the actual vigorish is a minimum of 160% but can climb to well over 300% (if six selections are made).
Most experts agree that the odds offered on Sport Select are such that even the sharpest punter would have no hope of making a profit in the long term.
While ties are a common in soccer and used to be common in ice hockey as well, unlike what would be the case with most bookmakers the rules of Sport Select provide for betting on "ties" in nearly every sport including football, basketball and in some provinces baseball, even though ties are never allowed in basketball or baseball and are rare in football. Consequently, Sport Select mandates that any game decided by five points or less in basketball, three points or less in football or one run in baseball (where applicable) is declared a "tie". Furthermore, when the NHL introduced shootouts in for the 2005-06 season the lottery corporations (in contrast to most bookmakers) quickly ruled that shootout results would not count, specifically so they could keep offering "ties" in hockey. In Ontario, a hockey game that goes to a shootout counts as both a Tie and a Visitor or Home win, depending on the outcome. The rule is loathed by most Canadian gamblers because the size of the winning margin often means little to the teams on the field/court. Many bettors believe the rule's true purpose is to confuse gamblers and allow for larger vigs.
Canada's NHL teams, particularly those in the smaller markets, have become increasingly agitated for not receiving a portion of the profits from NHL betting. The clubs argue that the provinces are making millions of dollars on events for which they assume all responsibility, expense and risk, and that those revenues would disappear if the clubs were to fold or move. These arguments were bolstered by the 2004-05 NHL lockout, which cost the provinces more than $100 million in lost revenue. Nonetheless, most provinces have rejected the request outright - although the British Columbia Lottery Corporation agreed to licence the Vancouver Canucks' name and logo for a fee while the Albertan government agreed to allow the Calgary Flames and Edmonton Oilers to conduct a separate, joint lottery. The different NHL teams in Canada are the Ottawa Senators, the Montreal Canadiens, the Vancouver Canucks, the Calgary Flames, the Edmonton Oilers, and the Toronto Maple Leafs.
In Ontario, wagering on NBA games nearly cost Toronto an NBA franchise due to the strict league rules prohibiting gambling. The Toronto Raptors began play in the league only after the provincial lottery corporation agreed to stop offering these wagers. As of 2004, the Raptors are still forced to pay millions of dollars each year into a charitable fund and to the provincial lottery corporation to compensate it for the perceived loss of revenue. The same may happen, if the NBA decides to put a team in Las Vegas.
In recent years, provinces have started offering odds on college basketball and college football, much to the annoyance of the NCAA and others who would prefer to keep gambling out of amateur sport.[citation needed] At the start of the 2004-05 NHL lockout, Loto-Québec caused a major uproar when they attempted to compensate for the lost revenue by offering odds on QMJHL games. Players in this major junior league are aged 16 to 20 and make about $30 per week in meal money. Faced with intense opposition, wagering on QMJHL games was quietly abandonedIn response to what is perceived as extreme arrogance and a lack of respect from what is effectively the state bookmaker, many Canadian gamblers have taken advantage of the Internet and are starting to do business with reputable offshore bookmakers or betting exchanges. The exchanges in particular often offer odds that are up to 50% better than what would be offered for an individual match on Sport Select. Moreover, both traditional bookmakers and exchanges offer single sports betting, thus greatly increasing a bettor's chances of winning.
Estimates of the amount of money the provinces lose to offshore competition are rough, but believed to be in the millions. According to some analysts, the provincial lottery corporations are already losing more revenue to the offshore firms than they continue to make by tilting the rules and odds in their favour.