Legal Complications

The first challenge of getting the most out of a hockey bet in Canada is the legal system. Although sports betting is legal, it does have some complications that may impact the outcome of your bet. You should be aware that Canada's sports betting system requires a parlay bet. That means you must bet on more than one game at the same time. You cannot place a bet on a single game and then walk away from the bet. You must have two or more games to meet the standards set by the legal system.

The complication of making a parlay bet is the potential for differences in the outcome of your games. You may win one game and then lose the second game, resulting in a loss on your bet. Due to the legal complications, you do want to pay attention to the teams before you finalize your bet.

Researching Your Teams

Research is the foundation of any bet. You cannot make a good bet without finding out details about the team, the players, and the situations that may impact the outcome of the game. Look into the historical plays made by your favorite teams. Find out the odds of a win or a loss against a specific team. Pay attention to the way others are placing their bets.

Looking into the teams before you place a bet will help you avoid a loss. You want to be focused on the teams you think will win and the teams they will play against.

Placing a Bet

After you have an idea of your teams for a parlay bet, you can place your bet through any preferred source. Online bets allow you to use promotions to help reduce your risk. You can also place a bet through official bookies if you are uncomfortable using an online source. Set up your parlay bet by selecting your first team and the spread before you move onto the second game. You can parlay with the same team in different matches or place a bet with different teams for different games. The key is that you place a bet on multiple games at the same time.

Betting on hockey allows you to participate in a popular sport in Canada. The challenge with sports betting in Canada is the legal complications that relate to the betting system. You want to make sure you understand the risks before you set up a parlay bet since it has a higher risk when compared to a single bet on a single match. By learning about the teams and the matches, you make an educated choice about the team with the higher chance of winning.