Sharing his opinions on the latest Ontario sportsbooks
Sharing his opinions on the latest Ontario sportsbooks
For those of you who want to bet on Raptors games, Strafe.com is the best place to come. This guide will detail the best ways to bet on Canada’s only NBA team.
From the betting odds and lines to finding the best sportsbooks, this article will detail exactly how to bet on the Raptors. Not only do we aim to inform, but we have also provided our experts’ top tips to help you have the best experience when betting on the Toronto Raptors.
The Raptors are both Ontario and Canada’s one and only NBA team, making them a popular team to bet on. In order to understand how to bet on the Raptors, it’s first important to understand how to bet on the NBA and basketball games in general.
That’s why a large part of this article will focus on the most popular betting lines for basketball games. We will also cover props bets that can be applied to individual players and the Raptors team as a whole.
If you're looking to bet on other Toronto-based teams, we also have other guides here at Strafe.com. For example, Hockey fans can find the best ways to bet on Maple Leafs games in 2022.
So, is it legal for me to bet on the NBA in Ontario? It is indeed, legal online and retail single-game sports betting was launched in Ontario back in August 2021. At first, wagers could only be placed in-person at retail betting outlets, or online using the government-owned Proline+ app, which was operated by the state lottery.
That all changed in April 2022, when the first licensed private sportsbooks were launched. Now there are multiple online sportsbooks available to you in Ontario for betting on NBA and Raptors games. The online sports betting industry is regulated by iGaming Ontario, with the licenses being given out by the Alcohol and Gaming Commission of Ontario (AGCO).
In order to find the best sportsbook for Raptors betting, it’s best to seek out the best sportsbook in Ontario for NBA betting in general. It’s also important for you to consider what else you want to get out of your betting experience as well. For example, those who wish to also bet on other sports will perhaps want a more well-rounded sportsbook.
Ontario has been quite generous in giving out sports betting licenses since the launch, as a result, you are simply spoiled for choice. Keeping up to date and doing research is vital when it comes to finding the right sportsbook. Using a comparison tool is therefore the best way that you can find their ideal sportsbook for betting on the Toronto Raptors.
Here at Strafe.com, our sportsbook comparison tool contains up-to-date reviews of all of the currently available Ontario sportsbooks, as well as those coming soon in 2022. We therefore strongly recommend making use of our site to all readers who want to bet on basketball and any other sports in Ontario.
At the end of the day, the best way to have an overall enhanced experience when betting on the Toronto Raptors is by finding the best possible value for each wager. And the best way to do that is, of course, by finding the best possible odds for each line. This is where it can pay to shop around and have an account with more than one sportsbook.
Bettors are often surprised by just how much the odds can fluctuate between different sportsbooks. However, there are a lot of different factors that can influence the odds of each sportsbook when it comes to setting their Raptors odds, and it’s not all about what happens on and off the court regarding the team.
Sportsbooks also have internal factors to consider, including their own profit margins. It can happen that different sportsbooks see money coming in on different outcomes for Raptors games. This can, in some cases, cause a big disparity in the odds between sportsbooks on the same game. The bottom line - it pays for you to shop around.
The easiest way to see all of the available odds for each sportsbook on any betting line is to use an odds comparison tool. Odds comparison tools are essentially the Skyscanners of betting odds. You simply have to search for your desired game and betting line, then the odds from all of the available sportsbooks in Ontario will be displayed in real-time. Fortunately, we have an odds comparison tool for Raptors and NBA games right here at Strafe.com.
Since the launch of online single-game sports wagering, it’s never been easier for you to put your money on the Raptors and other sports teams in Ontario - you can also check out how to bet on the Senators games right here. When it comes to betting on sports right now, there are so many more options available than simply backing the winner. Below, we’ve explained the most popular betting lines for Raptors games available to you:
This is the bread and butter betting line for any sport and simply involves picking one of the two teams to win. The moneyline displays the odds for the two possible outcomes in the game - i.e. the odds for each team to win.
There are two parties to be considered here, the favorite and the underdog. The favorite is the team deemed to have the best chance of winning, and the underdog is the team with the least chance of coming out on top. Let’s take a look at how this works in practice below.
Here we can see that the Raptors are favorites on the moneyline at odds of -150 (1.67 decimal), meaning that a $150 stake would be required in order to yield a $100 profit should the bet win and money be returned. The 76ers are +130 (2.3) underdogs, meaning a $100 stake would yield a potential profit of $130.
Perhaps the most popular type of bet on Raptors games is the point spread. What the spread does is balance an otherwise unevenly weighted contest by giving the underdog a handicap and giving the favorites an advantage. When placing a bet on the Blue Jays or other MLB games, this is known as the run line. In NHL betting, it’s known as the puck line. Let’s take a look at an example of an NBA point spread using the same game as above.
In this case, the sportsbook has given the Raptors a 3.5 point handicap, meaning that if you bet them on the spread, you would need them to win by four or more points in order for it to payout. A bet on the 76ers, on the other hand, would payout if they lost, so long as they stayed within three points of the Raptors.
As the contest has effectively been evened out here, so have the odds. In most cases, the odds on the points spread will start at -110 for each outcome. Generally speaking, they will fluctuate slightly in the build-up to the game based on the money the sportsbook is seeing coming in on each outcome. However they rarely go longer than -105 or shorter than -120.
When it comes to placing a bet on Raptors games, the actual result of the game isn’t the only thing that you can wager on. Totals, sometimes known as over/under betting, is a betting line that shows the total points that the sportsbook thinks will be made by both teams combined in the game.
You are then given the choice between betting on the points total being over or under the total amount. For example, if the totals line is 212.5, the over will payout if 213 points or more are made in the game by both teams combined. Meanwhile, the under will payout if 212 points or less are scored. As with the point spread, the odds for the totals line start the same and don’t drift drastically.
Sportsbooks will commonly set point spreads and totals lines with a .5 decimal, though not always. This is done to eliminate the possibility of a tied outcome, which would require the sportsbook to pay back the stake on all bets.
Totals betting is just one example of props betting, which is a blanket term used to describe all betting lines that don’t directly affect the result of the game. Props bets are generally divided into three categories - game props, team props, and player props. The totals line is an example of a game prop, as it involves a stat from both teams combined. Betting lines can also be found on other game totals, such as fouls, blocks, and free throws.
All of the above can also be bet on for just the Raptors. stats, rather than both teams in the game. Where props bets really come into their own is through player props bets. Popular player props for games include betting on the first player to put points on the board or the player that will total the most points.
You can now also legally place in-play bets on Raptors games. This is a faster-paced and more exciting way to bet on NBA games but isn’t for the novice or the faint-hearted. It involves reacting quickly to what is happening on the court and placing bets in real-time as the game is happening. The best way to bet on the Raptors in-play is to wait for breaks in play, such as halftime, commercial breaks, and timeouts. It’s essential to be watching the game closely to have success in live betting.
To summarize, there are a few key things you should take away from this article with regards to betting on the Raptors. The first step is finding the ideal sportsbook in Ontario for betting on NBA games. Secondly, it always pays to use an odds comparison site to find the best possible odds for each bet. Lastly, and perhaps most importantly - knowing the Raptors and the rest of the NBA inside out is always going to help.
The latest odds for the Raptors to win the NBA can be found right here at Strafe.com. NBA betting odds are always moving, so it’s important to keep up to date. Our comparison tool displays the odds from all of the available sportsbooks in your region and is updated in real-time, showing odds drifting as well.
There are multiple ways for you to bet on the Raptors and finding out how to do so could not be easier. Our team of gambling experts here at Strafe.com has created a step-by-step guide to help you get started. The Raptors are Canada’s one and only NBA team, so find out how you can back them today!
The laws regarding betting on all sports in Canada are somewhat complex and are set by individual governments in each province. You can find a province-by-province breakdown here at Strafe.com. We will always update you when legislative changes happen in each province - so bookmark our page today for all things sports betting in your country.