Although legalization happened at the federal level, Canadian provinces still possess the ability to legalize single-game wagering at their own discretion.
Luckily, Ontario, home of the Toronto Raptors, allows single-game wagering.
Thanks to the legalization of single-game, Raptors fans can participate with some of the more common wager-types, including spread bets.
A spread bet on a Toronto Raptors game might look something like this:
· Raptors -3.5
· Cavaliers +3.5
In this example, a bettor backing the Raptors’ spread would need the Raptors to beat the Cavaliers by at least 4 points.
If the Raptors won by less than 4, or lost outright, the bettors would lose their wager.
Raptors’ Sportsbook Partnerships
The Raptors do not yet have any sportsbook partnerships, mostly due to the country’s relative infancy in the online sports betting world. We’ll, of course, be covering the ongoing sports betting legalization and expansion efforts in Canada!