Betting on sports? Here’s why it’s a game-changer for fans in Canada

Saturday, November 30, 2024 1:37 PM
Photo:  Shutterstock
  • Josh Greenblatt, The Globe and Mail

In January, 2022, on a whim and a touch of peer pressure, Sam Jadavji placed a $25 bet during the third quarter of a Minnesota vs. New Orleans NBA game. He won $20.83. “I watch sports anyway,” he says, “so why not make some money while I’m at it?”

What started as a casual experiment has become a booming pastime for Canadians. With single-game sports betting now legal, fans like Jadavji are finding new ways to connect with their favourite teams, elevate the excitement and even turn a profit.

Since the federal government legalized single-game sports betting in 2021, sports betting has grown into a multibillion-dollar industry in this country, while the fantasy sports market in North America is predicted to reach US$21.46-billion by 2028.