Online gambling is a global industry that generates billions of dollars in revenue. In the United States, online gambling is illegal but it is legal in Canada and some other countries. A recent study by OLG revealed that Canadians are among the most avid gamblers worldwide.
Minty bets is a new sports betting survey that OLG has released. The survey will be used to help determine what the best type of betting for you would be.
This summer will go down in history since Canada was able to bring long-awaited individual athletic event wagering to the country, making the approaching autumn sports season even more thrilling. The OLG ran a poll on its new PROLINE+, which was the country’s first online organization to sell the new goods, to get feedback from players on the new laws.
Hill and Knowlton Strategies produced the study, which polled 1,000 Ontario people between August 16 and August 23. All of the participants were of legal age and had previously placed bets on sporting events either online or at a sportsbook, lottery kiosk, or other land-based facility that provided such services.
Having a Fantastic Start
The Crown is delighted to be the first jurisdiction to offer a safe and quality online platform that matches to their sports wagering requirements, according to David Pridmore, Chief Digital and Strategy Officer at OLG. He said that since the platform’s debut, over CA$6 million in betting volume has been generated, and the company is certain that the numbers and interest will continue to grow as the season progresses.
According to a PROLINE+ poll, 37 percent of bettors and 44 percent of regular bettors were interested in betting on novelty choices. This includes award show results, such as those for the greatest television in entertainment this weekend. Locals said they like betting on the site because it offers player tools and instructional materials that promote safe and responsible gaming.
In addition, one in every three regular sports gamblers has had a bad experience making a wager on a grey market online app or platform in the past, according to the study. Overall, half of the province’s sports gamblers bet at least once a month, and almost one in four bets weekly. A quarter of sports bettors and half of regular bettors say that they bet more than usual during the unusual circumstances.
More than half of Ontarian sports bettors think that sports betting is a wonderful source of entertainment and that it makes matches more enjoyable to watch, according to the study. Sports offer a subject for conversation with friends for more than 45 percent of regular gamblers. Furthermore, more than half of those polled prefer to bet on PROLINE+ because they know their money will be utilized to help the province’s economy.
On the first day of the passage of Bill C-218, which legalized single-sport betting in Canada, OLG’s new sportsbook platform PROLINE+ officially launched. All types of devices may now be used to make pre-match or live bets during matches. There’s also an event tracker built in, as well as a Pay-Out function that allows participants to cash out before the game ends.
First Impressive Results
The introduction of single-event betting in Ontario has taken off like a rocket. On its PROLINE+ platform, the province recorded CA$1 million in income in the first week of the new betting option. According to the OLG, single-game betting accounts for almost 74% of total betting volume. The firm believes that this is only the start of a bright future for the local business.
Source: Yahoo Finance, September 16, 2021, “New PROLINE+ Survey Shows 62 Percent of Ontario Bettors Want to Place Legal Single Bets.”