There is some merit to finding a service provider that does the job well and sticking with that company. However, it’s beneficial to ditch the idea of loyalty when it comes to Ontario sportsbook apps.
In this situation, it can literally pay to be a free agent. Spending a few moments to open accounts on multiple sports betting apps can prove well worth it.
Why is it wise to register for multiple Ontario sportsbooks?
While betting on sports should be all about the experience, it can be fun to win actual money. So, you want to put yourself in the best possible position to get wins. That’s what this is all about.
Many new Ontario sports betting apps offer introductory deals to new customers. And registration doesn’t cost anything, so you only stand to gain by completing multiple sign-ups. The more you complete, the better your chances of taking advantage of various welcome offers.
Additionally, even after you’ve initially signed up, having accounts with multiple sportsbooks allows you to compare recurring deals that the different apps offer. Some of these offers may accompany specific sporting events, so you can further maximize your bankroll this way.
Along the same lines, creating accounts on multiple apps sets you up to shop the lines and odds for the events you want to wager. The choice allows you to get the best return possible on your wagers.
If you stay loyal to one app, you’re stuck with whatever deals and lines the operator wants to offer. As a result, you might be missing out on better odds or a different deal elsewhere.
However, it’s best to consider other essential aspects of sportsbook apps beyond simply price hunting.
Take advantage of features and innovations
Many elements of sports betting apps are similar across the board. They aren’t all carbon copies of each other, though. They are competing businesses. For that reason, some facets of the apps are unique.
For example, some apps offer streamlined features for creating same-game parlays. Others give you more options to tease lines than their competitors. Additionally, some function better when live wagering on events.
By keeping active accounts across several brands, you can take advantage of their competition. Yes, that does mean spending more time signing up. But, it can more than pay off if you place some winning bets.
At the same time, responsible gambling is a prevailing concern. Keeping accounts active at multiple sportsbooks doesn’t supersede the need to set a budget and stick to it. It just means you have to split that budget more ways.
Never a better time to play the field looking for your best odds
In any case, here’s what the difference in odds at different books could mean for your bank balance.
As we write this, Caesars Sportsbook has the Jays moneyline at -135 (1.74) for Wednesday night, while BetMGM has them at -140 (1.71). That means on a $100 bet, Caesars would pay the winner $174.07 (including the stake), while BetMGM brings in slightly less at $171.43.
However, for Wednesday’s Raptors game, if you liked the home team, you could bet Toronto at +105 (2.05) at BetMGM, but you’d actually prefer to bet them at +110 (2.10) at PointsBet. However, in this particular case, the difference is small. A winning $100 wager at PointsBet would garner the winner $210 (including the stake), while a BetMGM win means a return of $205.
Regardless, if you’re betting the Ontario home teams, you’d make $384.07 betting at BetMGM or PointsBet and $376.43 at Caesars. Despite being small, the differences in rake add up over time and oftentimes the differences are more drastic. Besides, no one book can always be your best option. Dividing your wagers between available books presents a chance at increased winnings.
Ontario sportsbook apps are happy to have your business even if you spread the love around. As the customer, you should make them earn your loyalty. The best way to make that happen is to have accounts with more than one app.