The first step in getting into sports betting on the Canadian Football League (CFL) is learning the rules that runs the league. The Canadian Football League was founded in 1958 and currently includes nine clubs across Canada. Each team competes in 18 regular-season games and three playoff rounds before the Grey Cup championship game. For any bettor, whether you’re engaging in eSports betting or regular sports betting, knowing how the teams compete against each other is essential for successful wagering.
In this article, you will learn about three important factors to help you get started with betting on the CFL.
Understand the Basics of Betting on CFL Games
Betting on the Canadian Football League games can be fun, but before you begin gambling, you should understand the fundamentals of CFL betting.
Point spread bets are the most popular bet, and involve you picking one team to win by a specified number of points.
Another common bet is the money line bet, which entails picking one team directly without considering any point spreads. This type of bet typically pays out significantly more than a point spread wager, but also involves higher risk because there is no cushion for error.
Prop bets on CFL games include predicting particular outcomes like how many total yards each team will acquire or who will score first.
Strategies for Managing Your Bankroll
When wagering on the CFL, it’s important to follow a sound bankroll management approach.
- Create and stick to a budget. Decide how much you can afford each month, and stay with that amount.
- Be practical and not emotional with your decisions.
- Don’t expect to win every wager; instead, focus on making small, regular profits over time.
- Don’t chase losses by increasing the number of your bets after losing one or two games; doing so will get you into problems in the long run.
- Take advantage of any bonuses and promotions to maximize your winnings and minimize your losses.
Analyzing Team Performance and Statistics
Evaluating team performance and data is crucial for making smarter bets. Begin by looking at the team’s overall record, encompassing their victories and losses. Consider individual player statistics such as points per game, assists per game, and so forth. Also, pay attention to schedules for teams; if they are playing against a weaker opponent or one who has recently struggled, this could be an excellent time to place a wise bet on them. Keep an eye out for any injuries or suspensions that may impact a team’s performance in forthcoming games. Take note of any changes in coaching staff or personnel that might have occurred during the season, as this could potentially influence a team’s success.
