Soccer betting is rapidly growing in Ontario and Canada as a whole, so there's much discussion about MLS betting odds. Our experts have compiled this guide to let you know everything you need to launch full throttle into MLS betting.
The knowledge of odds is what sets the novice bettor apart from the savvy one. Being able to read the odds correctly makes the difference between a casual flutter and a calculated bet. If you're looking to maximize your soccer betting potential, then keep reading.
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In sports betting, the odds dictate the payout potential and reflect the probability of certain outcomes. Specifically for MLS, a league renowned for its unpredictability, understanding these odds can be both exciting and challenging.
American odds are the most common format in Ontario and much of North America, and are expressed as positive or negative numbers. For instance, if Toronto FC is listed at +200 to win their next match, it means that a bet of $100 could yield a profit of $200 if they're victorious. On the other hand, a team with -150 odds would require a bet of $150 to achieve a profit of $100. A positive number tells you how much you win for a $100 bet, while a negative number tells you how much you have to bet to win $100.
To better understand betting odds, it's also important to get a bearing on the different betting markets in the MLS. Betting on the MLS goes beyond simply picking the winning team. The league offers diverse betting markets, allowing punters to wager on various aspects of the game.
The three popular betting markets for soccer betting are MLS Moneyline, MLS Over/Under, and MLS Futures.
Moneyline bets are straightforward wagers on which team will win a match and are the most popular betting markets, even at NBA betting sites in Ontario. In the context of the MLS, the three-way moneyline is especially popular.
Soccer is a low-scoring game, so matches often end in a draw. The three-way moneyline allows bettors to stake on either team to win or for the match to end in a draw. For instance, consider a game between Toronto FC and Montreal Impact. The moneyline odds might be presented as:
With moneyline odds, the lower number reflects the favourite team to win. The lower the number, the more likely they are to win.
The Over/Under market, also known as totals, lets punters wager on the combined score of both teams. Unlike the moneyline, these are not MLS winner odds. Instead, totals only consider how many goals will be scored in the game.
The bookmaker sets a predicted total, and bettors decide if the actual total will be over or under that figure. For example, in a game between LA Galaxy and New York City FC, the set total might be 2.5 goals. If you bet 'Over', you're predicting that the two teams' combined score will be three goals or more. Conversely, betting 'Under' means you expect the total to be two goals or fewer.
Futures bets predict outcomes that will be decided in the future. Within the MLS, there are several futures markets, with the most popular being the MLS playoff odds and MLS cup betting odds. While the former lets you bet on which teams will make it to the playoffs or how they'll perform once there, the latter concerns the outright winner of the MLS Cup.
For instance, at the beginning of the season, Atlanta United might have odds of +800 to win the MLS Cup, suggesting that a successful $100 bet would lead to an $800 profit if they clinch the title. NBA championship odds are an example of future odds.
Let's take a look at the top recommendations for soccer betting odds in the province:
| Ontario sportsbook | Pros | Cons |
|---|---|---|
| 888 Sports | Renowned brand with trusted reputation User-friendly interface Live betting suite for MLS |
Limited live streaming options |
| Caesars | Extensive betting coverage Dedicated mobile apps Casino available in-app |
Must be 21+ to bet |
| LeoVegas | Premier mobile experience Fast payouts Unique in-game betting features |
Relatively small betting coverage |
888 Sports is one of the most recognizable names in the realm of online betting. It has solidified its reputation by offering consistently competitive odds and an array of markets for top North American sports, including the MLS. But beyond mere numbers, what makes 888 Sports truly shine is its commitment to enhancing the user experience. The platform is designed intuitively, ensuring that both new bettors and seasoned enthusiasts can easily navigate. Special features like live betting come to the fore during MLS matches, allowing punters to engage with the game in real time. When you bet at 888 Sports, you can access 888 Casino and 888 Poker via the same site.
Caesars, a legacy name with decades of gaming history, seamlessly translates its vast experience into the digital betting world. MLS fans in Ontario can benefit from consistently competitive MLS odds when playing at this sportsbook. While its roots are traditional, Caesars' online platform is anything but. The digital interface is sleek, user-friendly, and intuitive, making it an excellent choice for both newcomers and seasoned bettors. The commitment to customer service is evident, with responsive support and regular promotional events to engage users. This proves their dedication to offering value beyond just odds. Besides MLS, Caesars sportsbook also has some of the best NBA odds in Ontario.
For MLS aficionados in Ontario, LeoVegas isn't just a betting platform; it's a tool optimized for the on-the-go bettor without sacrificing depth or functionality. While many platforms boast mobile compatibility, LeoVegas has been lauded specifically for its mobile-first approach. This means their design, features, and overall user experience are finely tuned for handheld devices. Their soccer odds are not only competitive but presented in an interface that offers unique insights, ensuring bettors have all the necessary information right at their fingertips.
Fast payouts are another hallmark of LeoVegas, ensuring that winning bettors gain access to their funds swiftly. The platform also offers an array of deposit methods, catering to a broad spectrum of user preferences.
Navigating the MLS betting landscape requires a blend of strategy and insight. Here are some tips to get the best value from soccer odds:
Look beyond the favourites. Often, underdogs or draws offer better odds.
Diversify by exploring different betting markets like Over/Under. Soccer betting has many more betting options, such as both teams to score (BTTS), double chance, and correct score. There are lots of props, too.
Lines are always shifting and keep doing so until the end of the game. You should keep an eye on these odds shifts in order to snag the best value odds when they pop up. Like the top NFL betting sites in Ontario, leading MLS sportsbooks will provide odds pretty early on, so you can compare those first numbers with the live MLS betting odds across the industry.
Keep up with team news, player forms, and league trends to make informed wagers. Also, pay attention to seasonal dynamics and adjust your strategy based on where teams are in the season.
Check the MLS prices offered at different sites to ensure you take advantage of the best value offer.
Given MLS's dynamic nature, with its closely matched teams and frequent surprises, getting to grips with the odds can provide a distinct edge in making informed betting decisions. Understanding MLS soccer odds goes beyond merely recognizing numbers. It's crucial for bettors to factor in team performances, player conditions, and other influencing elements. As you delve deeper into other aspects of MLS betting, always remember that understanding the basics of odds is your starting point for a potentially rewarding betting experience.
Yes, MLS odds are available at many of the best sportsbooks in Canada. For punters in Ontario, just make sure you're betting at a site that is locally licensed and regulated. You can confirm this by looking for the iGaming Ontario logo at the footer.
The most common market for MLS betting is the moneyline or match winner. However, depending on the kind of action you prefer, you may choose to go for non-match winner bets like totals. These are great for cutting down risks.
MLS futures are a great way to bet on soccer. Future bets typically offer very generous odds that can award large payouts. However, there are lower chances of winning because team dynamics can change drastically throughout a season.
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