Market depth
A headline NHL fixture might carry three markets at a shallow book and two hundred at a deep one — puck line, totals, period betting, player points, shots on goal, goalscorer props. Depth is where the difference shows.
What is legal, what differs between betting apps, how to read decimal odds and work out the margin baked into a price.
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Single-event betting has been legal across Canada since August 2021. Where you may place those bets is a provincial matter: Ontario runs a licensed private market through iGaming Ontario and the AGCO, Québec channels betting through Loto-Québec, British Columbia through PlayNow, and Alberta is opening a regulated market under the iGaming Alberta Act. Offshore books licensed elsewhere are a separate question, and one worth settling before you deposit.
Not the sports. Every serious book covers the NHL, the NFL, the major soccer leagues and the tennis calendar. What differs is the depth of markets on each fixture, how fast in-play odds update, whether cash-out is offered, and how long a withdrawal takes once you request it. Those four things decide the experience far more than the size of the sport list.
A headline NHL fixture might carry three markets at a shallow book and two hundred at a deep one — puck line, totals, period betting, player points, shots on goal, goalscorer props. Depth is where the difference shows.
Live odds update every few seconds and suspend around key events. A slow feed means more rejected bets and more stale prices, which matters if in-play is how you bet.
Settling a bet early for a calculated value. Convenient, but the operator prices in a margin every time, so habitual cash-out is expensive over a season.
The number that matters most and gets advertised least. Verify your identity before you need to withdraw, not after — that is what causes most delays.
Mostbet’s sportsbook shows a live event count per sport in the app rail. Football — soccer — carries the largest count by a wide margin, followed by table tennis, tennis and basketball, with cricket and martial arts filling the overnight hours.
Canadian books default to decimal. Understanding the conversion matters because it is the only way to compare a price across formats — and because the implied probability tells you the book’s margin.
Total return per dollar staked, stake included. C$10 at 2.50 returns C$25. Implied probability is 1 divided by the decimal — here, 40%.
Profit relative to stake. C$10 at 3/2 profits C$15 and returns C$25. The same price as 2.50 decimal, written the British way.
Profit on a C$100 stake for a positive number; stake needed to profit C$100 for a negative one. +150 is again the same price as 2.50.
| Market | Odds | Implied probability |
|---|---|---|
| Team A to win | 2.10 | 47.6% |
| Team B to win | 2.00 | 50.0% |
| Total | — | 97.6% → margin of about 2.4% |
A two-way market whose implied probabilities total 100% would be a fair book. Anything above that is the operator’s margin, and it is charged on every bet you place regardless of whether it wins.
In-play markets reprice continuously while a match runs, with over/under, totals, handicap and correct-score lines alongside the main result. Virtual sports from GoldenRace run simulated football, greyhound and league fixtures on a continuous timer — the outcomes are generated by a random number generator, not by any real event, which is worth being clear about before you bet on them.
Different thing entirely — these are slots with sports iconography, unconnected to any real fixture or result.
The minimum gambling age is set province by province in Canada.
MapleBird is an independent guide and does not operate any gambling service. By continuing you confirm you are of legal age in your province.