- Canadians can choose regulated and non-regulated sports betting platforms
- Unregulated markets, aka “grey markets,” are not illegal and come with risks
- Novelty betting includes the coin toss and the colour of the Gatorade poured onto the winning coach
- Parlay betting was the only type of betting in Canada from 1971. In 2021 Canada legalized single game sports betting.
Super Bowl LVIII between the Kansas City Chiefs and the San Francisco 49ers is here and if going to the game is not in the cards, getting close to game and feeling the action may include placing some bets.
Steve McAllister, co-founder of Gaming News Canada joins us (see above video) with a rundown of how to bet on the Super Bowl in Canada. He outlines the differences between regulated and non-regulated platforms, single-game sports betting, as well as some precautions to take when choosing a sports betting company and platform.
McAllister also touches on novelty bets, one of the most inclusive ways for game watchers to get involved.
Novelty bets
For those sports betting “newbies” and Super Bowl weekend fans, one of the best parts of the big game is making novelty or prop bets. The bonus – you don’t have to know anything about football and can get in on the competitive fan action.
Some popular novelty bets include the pregame coin toss, the colour of the Gatorade bath for the winning coach, and this year, what is the colour of Taylor Swift’s lipstick?
Taylor Swift
This year with the “Tay-Tay” and Travis Kelce headlines, Ms. Swift is in the bets! Since both teams have red in their uniforms, there is a decent chance the platinum celebrity will go with classic red. There is also a bet that her name is mentioned in the Super Bowl championship speech at the end of the game.
Gatorade bath colour
Last year, the Chiefs dumped purple Gatorade over head coach Andy Reid. Since 2001 here is a recap of the Gatorade “colour” poured on the the winning coach:
- Orange (5)
- None (5)
- Clear (4)
- Yellow (3)
- Blue (3)
- Purple (2)
Coin toss
Just a little note on the coin toss, tails won last year and in six of the past 11 Super Bowls.
You might even want to bet on if the Super Bowl Indicator will determine a bear or bull market in 2024.
The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
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