Coolbet Latest Operator in Ontario Online Casinos and Sports Betting Race

Coolbet Latest Operator in Ontario Online Casinos and Sports Betting Race
By Mark Keast
Fact Checked by Jim Tomlin

This week, Coolbet Sportsbook Ontario and Coolbet Online Casino became the latest operator to get an operating agreement with iGaming Ontario in place and go live in the province.

That brings the total number of live, regulated digital gaming operators in Ontario to 35, with industry insiders predicting at least another 15 operators coming into the market.

The online casino Ontario market, as well as online sports wagering in the province, launched in April.

 
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Most Interesting Bet Of The Week

How would you like to be this bettor this week: According to OLG, one person turned an eight-team parlay on a $100 bet over the weekend into a $25,189.40 win.

The first seven came through on the NFL side: Detroit, Pittsburgh, Green Bay and Arizona on Moneyline, and the L.A. Chargers +8.5 and Minnesota +5.5 on the spread. That was then rounded out by the Winnipeg Jets over the Seattle Kraken in NHL betting. Then came Monday Night Football. A cover by Washington +10.5 over undefeated Philadelphia would mean the ticket would cash.

Washington upset the Eagles 32-21.

The most popular Proline event of the week was the Sunday night NFL matchup between the Chargers and San Francisco. Bettors liked the favored 49ers on the Moneyline with 79% of the bets. San Francisco came through with the 22-16 win. The spread was a different story: 57% preferred the Chargers at +8.5. The majority was right on that too as Los Angeles covered the spread.

And talk about long odds: At 400-1 odds, someone bet that the halftime score in the Freiburg versus Union Berlin Bundesliga soccer match in Germany would be exactly 4-0 for Freiburg. That 25-cent Ontario sportsbook apps bet won $100.25.

 
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NorthStar Bets Calls For 90-Minute Soccer Holiday

The 2022 FIFA World Cup gets going this weekend in Qatar. Canada’s first match is Nov. 23 against Belgium, and there’s a lot of excitement brewing. It’s the first time since 1986 that Canada is taking part in the world’s biggest soccer tournament.

This year’s World Cup is the first to take place since Ontario sportsbooks began operating.

NorthStar Bets is proposing an all-new 90-minute “statutory holiday” to help rally Canadians together, so fans can step away from work and watch that first game, which starts at 2 p.m. Eastern. NorthStar is urging Canadian companies and senior leaders to give their employees the time off.

“Canadian soccer fans have waited 36 years for this moment, and we want to ensure every Canadian has the opportunity to cheer on the Canadian squad,” said Michael Moskowitz, CEO and a founding partner of NorthStar Gaming. “We hope that a 90-minute ‘stat holiday’ will provide a sense of togetherness and patriotism, while demonstrating our nation's pride of Canada's men's soccer team. Canadians have a long and rich history of rallying around marquee hockey, baseball and basketball moments, and now it's time to show our support for our soccer team.”

Canada is +600 with BetMGM Sportsbook Ontario to upset Belgium in the opening game of Group F for both teams. Belgium is listed at -225 and a draw is +340.

 
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Trade With Blue Jays Shifts Mariners Title Odds

In a blockbuster trade announced this week, the Toronto Blue Jays moved All-Star outfielder Teoscar Hernandez to the Seattle Mariners for reliever help (Erik Swanson and prospect Adam Macko). According to MLB Pipeline, Macko, a lefthander, moves into the No. 8 position on the Jays’ prospect list.

Debate among yourselves. Hernandez, in what can be considered an off year, still had 25 homers. 

The trade has impacted Seattle’s World Series odds. According to FanDuel Sportsbook Ontario, right after the trade, their 2023 World Series outright futures line was cut to +1800. Toronto’s odds of +1400 weren’t affected – at least for now. That’s seventh on FanDuel’s list. The Jays were ranked as high as fourth in future odds just a few weeks ago.

What’s the next Blue Jays next move, since they freed up a lot of salary?

 
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Native Sportsbook Solutions Picks Canada’s Quarter4

Native Sportsbook Solutions, the only native American-owned sportsbook provider and operator, announced that it chose Quarter4, the Canadian AI-powered sports and betting data engagement platform, to push itself toward better engagement and retention of users.

Quarter4 says its AI technology delivers 3 million predictions a day, related to team and player performance.

 
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Contributors

Mark Keast

Mark Keast has recently covered the sports betting industry in Canada for The Parleh, and is a long-time sportswriter and editor, most notably with the Toronto Sun.