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Never Pay for Hockey Picks Again

February 15th, 2010 Sport Journalist

Proline betting is one of the world’s most concentrated sports book set-ups, offering players across Canada the opportunity to bet against various given sporting outcomes. Run by not-for-profit entities on behalf of the respective provincial governments, it offers cumulative odds on the results of NHL hockey, baseball and other sporting events, raising billions of dollars for public services, charities, research and the arts. But what’s Proline all about, and how does it actually work?

Proline is effectively a state-run sports book, offering individuals the chance to bet on multiple sporting events. Picking the results of between 3 and 6 events, odds are accumulated to determine a payout at fixed decimal odds (with returns obviously greater for 6 correct predictions than 3). It is this multiplier effect that makes playing Proline an attractive proposition for sports fans and gamblers alike and as a result of the cumulative odds the highest payout ever recorded on a Proline bet was $304,000.

And because it is government operated, getting involved is as easy as heading down to your local convenience store and making your selection from the available sports on offer, including, baseball, football and of course, hockey.

One of the main difficulties with Proline betting for the gambler is the tight odds it offers. Unlike independent bookmakers based in foreign jurisdictions, the odds offered with Proline don’t leave much room for profit when factoring in the occasional loss. That means it’s even more important to make sure you’re capitalizing on your bet by identifying the most likely outcomes and leveraging the odds in your favor.

Conceptually, the true odds of a gambling outcome and the odds paid by the bookmaker diverge, giving the bookmaker his margin. With Proline, this is even more emphasized in two key ways – the odds offered being naturally lower than offshore market odds, and the exclusion of the bet in paid-out winnings. As such, the gambler needs to make sure that all factors have been taken into account in order to ensure a long-term profit, and it can seem deceptively simple to pick three correct outcomes when actuarially-speaking, the odds on offer are lesser than the odds of the predicted outcome.

Perhaps the most effective way of improving your chances of making a profit from Proline betting is through the use of algorithmically driven betting software. Based on applied mathematics, software applications can improve the consistency of betting outcomes by computing and interpreting data in a non-biased, wholly objective way, helping you pick the best selections to make up your Proline bet. In other words, through the use of Proline specific betting software, it is possible to more frequently hit a winning ticket – whether that’s across 3 or 6 events.

Proline is fun to play, and it can be profitable too if you know what you’re doing. Provided you make sensible, rational choices when making your bets (and that means not always backing your favorite team), it is possible to generate a consistent return on your bets whatever your sport of choice.

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