World Cup Odds in Ontario

The 2022 World Cup will be held in Qatar beginning in November. Various World Cup sports betting odds on the quadrennial event will be available in Ontario.

In the 2018 World Cup, staged at multiple venues throughout Russia, France captured the World Cup title with a 4-2 win over Croatia in the championship game. France entered the 2018 World Cup at 6-1 odds to win. Germany was the 7-2 favorite to defend its World Cup title in 2014.

32 teams compete in the World Cup, but the full list of participants has yet to be determined for the next World Cup. There are World Cup futures odds available for the teams that have qualified and many other countries that could compete in the event. 

2022 World Cup Winning Team

Outright WinnerBetMGM Odds
Brazil      +550
France    +550
England  +700
Spain  +750
Belgium +1000
Portugal   +1000

These were the betting odds for the top-10 favorite teams in the tournament as of January 2022 at DraftKings. These are moneyline odds on the winner of the 2022 World Cup. A $100 bet on Brazil will win you $550 if the favorite wins the tournament.  

Where Can I Bet On The World Cup Online In Ontario?

On April 4, 2022, Ontario will be the first province to have popular sportsbooks such as DraftKings, FanDuel, and PointsBet operational in the Canadian marketplace. There are lottery-backed sportsbook operators in several provinces already. But for the purposes of this article, we’ll be providing top recommendations as if the major US sportsbooks were up and running as of today. After all, it won’t be too long before that’s the reality of the situation in Canada.  

3 Sportsbooks For World Cup Bets In Ontario

DraftKings Sportsbook Ontario

  • Why we like it: Best overall betting experience

BetMGM Sportsbook Ontario

  • Why we like it: Best for Vegas bettors

Caesars Sportsbook Ontario

  • Why we like it: Best for loyalty program

Types Of Bets In Canada 

In addition to futures odds on the winner of the 2022 World Cup, oddsmakers at sportsbooks create betting lines for each game during the tournament. Let’s use the betting line for the 2018 World Cup championship game between France and Croatia as an example.    

Team    Odds           Total
France -110 O 2 (-165)
Croatia +360U 2 (-125)
Draw    +230

France entered the game as the favorite with -110 odds, meaning you would have had to bet $110 to win $100. A $100 bet on underdog Croatia would have paid out $360. You could have also wagered on the game to be tied after 90 minutes of regulation time expires.

The total for the game involved the combined number of goals scored by each team in regulation time. This is an important distinction to make when it comes to soccer, particularly in a World Cup final.

If the game is tied after regulation, the teams will play two 15-minute overtime sessions. If the game is still tied, it will be decided by penalty kicks. You also have the option to bet on the match’s outright winner without regard to how things play out in regulation. In this case, France was offered at betting odds of -220 and Croatia was dealt at +180. 

Parlay Bets 

What if you want to bet on two teams to win their respective matches in the World Cup? This is where a parlay comes into play. Parlays include multiple bets (or legs) and they typically pay out larger amounts because they’re inherently harder to win. If you bet $100 on a two-team parlay at standard -110 odds for both games, you’ll win $260 if both of your teams win.

Parlay odds increase with the number of teams (or outcomes) you include in this type of bet. A $100 bet on a three-team parlay pays out $600, and a successful four-team parlay would bring back $1,100.

It’s important to remember that all of the bets inside your parlay wager need to win for the parlay to be successful. Be sure to take advantage of free online tools including a parlay calculator to help with these bets. The parlay calculator will reveal your implied probability of winning and the amount you’ll win on a successful parlay bet.   

Prop Bets  

Prop bets, also known as proposition bets, are also available when it comes to betting predictions on the World Cup. Prop bets aren’t tied to the ultimate outcome of a game. In soccer, for example, you can bet on the number of corner kicks each team will have relative to each other in a match.

It would look something like an Italy Serie A game of Verona versus Bologna. For corner kicks, the odds would be Verona -0.5 and  -155 as well as Bologna +0.5 and +125.

Simply put, Verona needs to have one more corner kick during the match for you to win $100 on a $155 bet. Conversely, Bologna would have to have the same number of corner kicks as Verona to win $125 on a $100 bet. 

Another prop bet option involving these teams is the result after a certain amount of time has elapsed. For example, for a bet based on after 75 minutes of play, the odds are Bologna (+230), Verona (even), and Draw (+230). 

In this case, the oddsmakers have installed Verona as a fairly big favorite. They expect Verona to be leading three-quarters of the way through regulation time. The odds reflect that for this prop bet, too. You could bet $100 to win $100 on that prop.

The other two possibilities have the game tied or Bologna with a lead, and both are priced the same at +230. If you’re confident Bologna can compete with Verona and at least be tired after 75 minutes, the recommended play would be to bet $100 on the draw to win $230. 

There are also individual prop bets on players to score a goal, to score multiple goals, and even the number of yellow cards a team will have in a match.  

Live Betting On The World Cup In Canada 

The wonders of technology allow sportsbooks to offer updated odds on a real-time basis once a match is in progress. Live bets, also known as in-game wagers, have increased in popularity in recent years. These odds can fluctuate wildly during a 90-minute game that might be extended into overtime, and in the World Cup, on penalty kicks.

All of the major bets including spread, moneyline, and total can be adjusted and offered in new betting markets. Oddsmakers pay close attention to the action on the pitch and at their respective sportsbooks. Betting odds will be tweaked based on the volume and amounts of live bets coming in on each side of the adjusted line.

It’s important to note that oddsmakers always try to ensure equal amounts of money on both sides of a bet to avoid liability for the sportsbook. 

What’s The Best Way To Find World Cup Odds On My Mobile Device? 

Simple answer, here. The best way to find competitive World Cup odds on your mobile device is to download one of the sports betting apps from DraftKings, FanDuel, or PointsBet.

Let’s take DraftKings for this example on how to go from A to Z in downloading the app to betting on it in no time flat. Apple iOS users can head to the App Store and search for the DraftKings sports betting app.

The company also has a daily fantasy sports app. That’s not the one you want. Android users will follow the same steps, but you’ll need to download the DraftKings sports betting app at the Google Play Store.

Once you have the correct app downloaded, you’ll be asked for some personal information including your name, email address, mailing address, and the last four numbers of your Social Security number during the registration process. DraftKings will then send you an email to verify your account.

Once you do that, the next step involves funding your account. DraftKings has a variety of options for making deposits. Be sure to take advantage of the current sign-up promotion before making your initial deposit. Confirm that the funds have hit your new account, and get ready to make your first bet on the World Cup.

Navigate to the soccer link, click it, and then click on the World Cup link. You’re good to go now with access to competitive World Cup odds and a myriad of betting options.

We recommend is setting up accounts with multiple sportsbooks. This will allow you to shop around for the best odds (and value) for any bet you make on the World Cup. Betting odds can vary from shop to shop based on how customers at the respective sportsbooks are wagering on a specific World Cup market.  

World Cup Betting Odds In Canada FAQs

Is it legal to bet on the World Cup in Canada?

Yes. There are lottery-run provincial sportsbooks in place now, but major US operators such as DraftKings, FanDuel, and PointsBet are expected to be available for the 2022 World Cup in Ontario this November.

How old do I need to be to bet on the World Cup in Canada?

It depends on the province. For Ontario as an example, the legal betting age is 19.

Is it safe to place a World Cup bet online?

Yes, as long as you are betting with a licensed and regulated sportsbook in Canada. These include the provincial sportsbooks listed above and any of the blue-chip US operators coming online soon. DraftKings, FanDuel, PointsBet, BetMGM, Caesars Sportsbook, and BetRivers are all recommended options once operational in Ontario. We strongly advise against using offshore sportsbooks that aren’t licensed or regulated.

Do online sportsbooks in Ontario offer in-game live betting on the World Cup?

Yes. You’ll find the best live betting sports platforms at well-established sportsbooks, such as DraftKings, FanDuel, and PointsBet. They are known for having highly competitive in-game odd, and superior interfaces that help ensure smooth live betting in this fast-paced wagering arena.

Who is the current World Cup odds favorite for 2022?

Brazil was recently listed as a +550 favorite to win the 2022 World Cup at both DraftKings and PointsBet. They are at the top of most commercial sportsbooks at this time.

When is the 2022 World Cup, and where will it be played? 

The 2022 World Cup will start on November 21 and end with the championship game on December 17. Multiple venues throughout Qatar will host 2022 World Cup matches. This is the first time a World Cup will be played in the Middle East.

About the Author

Kris Johnson

With more than 15 years of experience as a sports journalist, Kris Johnson’s work has appeared in Sports Business Daily, Sports Business Journal, NASCAR Illustrated, and more. Kris also wrote a sports-betting novel entitled, The Endgame.