Football is one of the most exciting and popular sports to bet on, with billions of dollars wagered every season. While the NFL might be the biggest league and attracts the most wagers, the CFL is an excellent opportunity for fans looking for more games to bet on. What makes it even better is that it takes place during the summer when the NFL is in its offseason.
Although the rules of the CFL are slightly different, betting on it is exactly like betting on the NFL. You have the same markets to choose from, such as point spreads, point totals, and moneyline bets, as well as lots of game and player props. Almost all big sportsbooks feature betting odds for the CFL, but if you want to make a profit, you need to know how to find the best.
Choosing the Right Betting Site
Your first step to finding the best CFL betting odds is to choose the right betting site. Your choice of betting sites, better known as online sportsbooks, will depend on where you live, as these sites need to be licensed in your area. It’s important to only ever use licensed sportsbooks, as this ensures that you’re safe when you sign up to bet.
When looking at online sportsbooks that are licensed in the area you live, you want to make sure you pick the best option. First of all, you should check to see which sites offer odds on the CFL. While football is extremely popular to bet on, some sites may only list the NFL.
Aside from featuring CFL betting, your choice of sportsbook should also be influenced by the overall betting experience it offers, including how easy it is to use, the availability of payment methods, and the bonuses it offers. While these won’t affect the odds, they will help you enjoy your time betting on the CFL.
Looking for Value
The key to finding the best CFL betting odds is to look for value when placing your bets. Value is where the odds provided by the sportsbook are more favorable than the true probability of an event. Generally speaking, sportsbooks will set the odds based on the probability, with a slight edge in their favor.
However, the odds will change as people place their bets, meaning it’s possible to get better value in some cases. In addition, sportsbooks can sometimes be slow to change the odds when something happens that changes the probability of the outcome. While this is rare, it’s possible to gain an edge if you do the right research.
Researching Your Bets
Researching your bets is key to finding value and getting an edge of the sportsbooks. Before you place a bet, you should always consider the following factors:
- Weather
- Injury news
- Current form
- Head to head record
- Other relevant statistics
You can find a wealth of information on stats, form, injuries, and more online, with a lot of social media accounts providing the latest CFL news.
Line Movement
Line movement is where the sportsbooks adjust the line or the odds to reflect how people are betting. Generally, sportsbooks prefer to have even money on both sides of the line. That way, they always profit no matter the outcome.
You can use the line movement to your advantage, as it presents an opportunity to find better value. In the CFL, the line usually moves in the direction of the smart bet, as there are fewer bettors who simply bet on the favorite. Following the line movement can be a great strategy.
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