Best Betting Sites in Alberta
There are around 4 million people that live in Alberta. Most of them are sports fans and they like to place sports bet. In Alberta, there are also some of the most popular teams in Canada like the Calgary Flames and Edmonton Oilers.
Usually, where there are big successful teams, there are also lots of sports fans and therefore sports bettors.
The government has estimated that more than $35 billion was spent in Alberta on betting and gambling. This has contributed to a $1.7 billion in government revenue. The Alberta Gaming & Liquor Commission is therefore looking into new opportunities like a government-run online betting site, which could increase those numbers even further.
Sports Betting in Alberta
Albertans population is hardworking, and they like to spend their money on entertainment. There are several opportunities to place bets and those are regulated by the Western Canada Lottery Corporation and also by the Alberta Gaming & Liquor Commission. All the bets that are placed offline have to go through the WCLC.
The most popular sports betting products are Sport Select. Those are Proline, Pools and also Point Spread. Below we have provided an explanation for those products.
Proline is the most popular betting product. A Proline bet is made of 3 to 6 selections and it works like a Parlay bet. This means that you need to predict correctly every selection if you want to get a return. There are different outcomes you can wager on H+, H, T, V and V+. Over/Under is also available. Similarly to Parlay bets, the odds of all the selections are multiplied together. If you win, you will receive a payout based on the overall odds.
The vast majority of Canadian sports bettors start their betting activity through Proline in their local store and they mostly wager on NHL.
Point Spread Bet
The second most popular betting option for Canadians is Point Spread betting. This is very similar to Proline with the main difference being that the selections don’t have separate odds associated with them. You would need to decide to pick every selection on the spread. From 2 to 12 games are allowed, and the more selections, the higher would be the multiplier.
Pools gives you the opportunity to get some massive wins. You get to pick the winner without having the distraction of odds or spreads. You need to think that pools betting is similar to casino progressive jackpots. When you buy a Pools ticket a percentage of that is going towards the jackpot. If you are lucky enough the guess the winners correctly, you win the whole pot which can be massive.
Online Betting in Alberta
The citizens of Alberta can choose from lots of Canadian and foreign betting sites to place their bets online. There are many reasons why betting online is more convenient and it is not surprising to see that the majority of Canadians that have started betting on Proline, Point Spread or Pools have ultimately moved to online. Even though there are some Canadian online sports betting sites, those are not regulated or licensed directly in Alberta. Having said that, they are coming from licensing jurisdictions that are all recognized by the province.
Gambling Law in Alberta
Gambling in Alberta has a very long tradition with the first casino that was opened in 1967. That was a charitable casino. The first real casino opened the doors in 1980 in Calgary while the second one followed a year later in 1981. Today in Alberta there are more than 12 land-based casinos.
Albertans cannot be persecuted when they bet online as there are no current laws that do prohibit them from betting remotely. In addition to that, they don’t have to pay tax on the winnings that are made at an off-shore betting site.
Having said that, it is illegal to set up a betting or gambling operation without having a license from the Alberta Gaming & Liquor Commission. Generally speaking, Alberta is seen as the best example of a government that is turning what is seen as a social vice into a healthy revenue stream for the province.
Licensing Authorities in Alberta
The agency that is responsible for assigning the license to casino and sports betting operators is the Alberta Gaming & Liquor Commission. The agency is working closely with the gaming operators and make sure they are compliant with the gaming policy that are dictated by the Government of Alberta.
Population of Alberta
Alberta has a population of 4,2 million. It is the 4th biggest populated province in Canada and ethnically it is one of the most diverse of North America. The Canadian ethnic group is the 3rd biggest in the province.
Offline Betting in Alberta
There are around 12 offline licensed operators in Alberta where it is possible to play casino games or wager on sport. The biggest operator is the group called Century Casinos, Inc. The biggest betting venue is the River Cree Resort and Casino. Here you will find more than 1,000 gaming machines and also 50 tablers. Others famous venues are the Stoney Nakoda Resort and Casino, Casino Dene, Century Down Casino and Racetrack and other.
The gambling revenue that the government in Alabama is getting is significant. Even when the province had tough economic times, the gambling revenue was continuing to increase. Some reports say that around half of Alberta’s revenue is coming from gambling activities.
This is thanks to an open-minded and well-articulated regulation that has made Alberta the right place where safely bet on casino and sports. Gambling offline in Alberta is straightforward as everyone can go to the nearest gas station or store and place bets on games. In case they want to get better odds, they can use Sports Select products.