Guide

Welcome to the How To Guide section of HowToBet.ca.  In this section I’ve added a wide variety of “how to” articles looking at various aspects of betting online.  I will continue to add more articles here in the future, so check back often.

How To Guide For Betting Online (Beginner)

How To Read Sports Betting Odds – Before you start betting on sports online you need to know how to read and understand sports betting odds.  The odds are what determine the risk vs reward, which is essentially what a bet is.  This page explains each of the three types of sports betting odds (decimal, American, fractional) and explains them in an easy to understand manner using several examples.  This is a must read for new bettors.

How Parlay Bets Work – I have found that Canadians in particular tend to enjoy parlay bets.  This page will break down what a parlay bet is and how to find the “parlay odds” for a multiple selection parlay wager.  I use plenty of examples to help make parlay betting easy to understand.

How Each-Way Bets Work – Many online betting veterans still don’t know what each-way betting is.  This page aims to change that by breaking down exactly what an each-way bet is, what the each-way betting terms mean and how you can use each-way bets to your advantage.

How 3-Way Bets Work – 3-way bets, also known as 1×2, full time result or regulation time result bets, are popular wagers for any sporting event where a draw is possible.  On this page I outline what a 3-way bet is and provide examples in both soccer and hockey.

Basic Sports Betting Tips (Intermediate)

How To Manage Your Sports Betting Bankroll – There are a lot of sharp bettors out there who can never maintain a profit betting on sports due to poor bankroll management.  In this article I provide you with two simple rules, which if you follow will allow a sharp bettor to avoid ever going broke betting on sports.