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I’m sure you are aware that Proline is a sports betting lottery game run by the Ontario government. To play you select between 3 and 6 outcomes on any given night and your potential payout is calculated. If all of your outcomes are correct your ticket wins. Check out our Proline odds page for more detail on how to understand the odds and how to calculate your potential payout.
It is important to remember that Proline is run by the Ontario government in order to bring in revenue, just like all other lottery games run by the OLGC. In fact, in 2010 the OLGC profited $91.8 million on Proline alone and had a 34.46% profit margin on the $266.4 million tickets sold. The reason that the Ontario government is able to profit so much on Proline is because their odds have HUGE amounts of juice (house edge). The 34.46% house edge is simply unheard of, especially when it is compared to the average 4.5% juice or house edge that online sportsbooks typically provide.
Betting on Proline is a lot of fun and it is possible to win money now and then, but over the long run YOU WILL LOSE MONEY. And even if you believe you are above the system and are a keen bettor you are still losing money betting on Proline because of the amount of winnings you are leaving on the table by not betting with an online sportsbook!
Even if you are betting small amounts it adds up quickly over the course of the year and I expect you would prefer an extra $2331 in your bank account at the end of the season, which is about what you would have by betting online rather than through Proline. Look below for proof:
Proline Payouts vs Online Sportsbook Payouts
Here you will see an example that uses 5 NHL games from February 2nd, 2012. On the left hand side is the ProLine ticket and on the right hand side is the SportsInteraction.com ticket, each with the potential payout circled. The same 5 NHL games on the same night. Check out the difference in payout:
As you can see, for the same $5 wager you would win $130.99 more betting at the online sports betting site Sports Interaction than with Proline.
But wait. Unfortunately it gets even worse for Proline than just being more than doubled in potential payout. If any of your teams win in a shootout then your Proline ticket is a loser, but the Sports Interaction ticket would still win! And we all know how often NHL games seem to go to shootouts these days.
So, if you win your $5 parlay bet (3-6 team wager) once every 20 times and you bet daily then you are leaving $194 a month on the table. That is $2,331.62 a year!
There are even more reasons why I would highly recommend betting at an online sportsbook rather than with Proline.
6 Reasons Online Sportsbooks are Better Than Proline
#1 Bigger Payouts – This is obviously the most important reason. You saw above how much more money you can make betting at an online sportsbook, so I would consider you crazy if you kept betting with Proline now. The amount of money you are leaving on the table is ridiculous.
#2 More Options – At Proline you can only bet 3-6 team parlays and it is rare to find prop bets included. Online you can still bet parlays, but there is no restriction on the amount of teams. You can also bet money line wagers, spread bets, prop bets, futures wagers and much more!
#3 Faster Payouts – With Proline you have to head down to your local Proline retailer with your ticket in order to get your winnings. Online the funds are immediately added to your online sports betting account and available for use. You can even withdraw from the online sportsbook to your bank account with the click of a few buttons. Most importantly you do not have to leave your house.
#4 No Paper Tickets – The paper tickets may look cool and you can show your friends who you picked for the night, but those tickets can also often get damaged or lost. If you place your bet online you don’t have to worry about this. Online bookies also give you the option to print off your bets, so you can still have proof to show your friends when you have a big winning night.
#5 Bet Any Amount – With Proline you are only able to bet set amounts up to a maximum of only $100. At an online sportsbook you can wager any amount down to the penny and the maximum wager amount is much, much higher.
#6 Convenience – This is another big one for me. You can place your wagers anywhere you have a computer or even a mobile phone. With Proline you have to plan ahead and make a trip down to the store to place your bets. The convenience factor is huge and setting up an online sportsbook account only takes 2 minutes, much less time then heading down to the local Proline retailer for one nights bet.
What Are Online Sportsbooks
I realize that I have been talking a lot about online sportsbooks and some of you might not know much about them so here is some information:
Online sports betting is a huge industry and the top online sportsbooks, such as any of the ones you will see recommended here, have great reputations and are extremely trusted by players. Online sportsbooks are like Proline, but on a much grander scale. They offer far more betting options and much, much better odds as we have proven above.
The online sports betting industry is also very competitive so many sportsbooks offer sign up bonuses and promotions to entice players to use their book and to give value back to players. For example, at SportsInteraction.com you would receive a 100% matching bonus up to $125 if you sign up through a link found here at ProlinePicks.net. They also offer some great promotions from time to time such as free NHL bets.
Sports betting has continued to grow worldwide and with the legitimacy and simplicity that online sportsbooks bring to the industry I expect more and more people to realize that online sports betting is perfect for them and a great way to add some more excitement to a game.
I personally am an avid NHL bettor (you can check out my website NHL Betting Tips where I make predictions every day) who does fairly well throughout the season. If I was making Proline picks instead of betting through online sportsbooks I could not possibly be a profitable bettor and I would feel like an idiot for leaving all the money in the Ontario governments pocket.
If you do make the jump to an online sportsbook I highly recommend SportsInteraction.com. They are going out of their way to gain market share in Canada, which means great promotions and customer service for Canadians. Visit SportsInteraction.com now to set up an account.