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Canbet Review

 CANBET
 www.canbet.com
 reviewed on March, 2009
 
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On this page: History, Company Info, Odds, Offer and Betting procedure

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Canbet.com Football

 HISTORY

'Canbet Ltd.' is a wholly owned subsidiary of ‘International All Sports Limited’ (IAS), one of the biggest Australian gambling companies. Canbet has strengthened its position as one of the best online bookmakers for US sports and soccer, especially for high-stakes gamblers. Canbet.com is online since 1999.

 COMPANY INFO

Canbet's parent company IAS was established in 1995. The group own and manages various licensed and regulated Racebooks, Sportsbooks, Casinos and Poker Rooms in both the UK and Australia. IAS is listed on the Australian Stock Exchange and is subject to independent audit. Canbet offers their customers access to Internet and Telephone betting on World Sport, North American Sport, International Horse Racing, Entertainment Events, Poker, Casino and Games 24/7. UK address: Level 10, 414 Chiswick High Road, London W4 5TF, UK.
Category evaluation: EXCELLENT

>>> sub-category: REGULATION

Member of IBAS. Canbet is licensed in both the United Kingdom and Australia and guarantee completely safe and secure environment for your deposits and winnings.
Category evaluation: EXCELLENT

 ODDS

Canbet is a renowned name among the low-juice bookmakers. They try to keep the pace of industry leader Pinnacle sports and are just a little step behind them. Don't be surprised to see Canbet's asian odds on top of any betting market, this is becoming more and more usual situation in last years. Biggest markets margin (US sports and major soccer leagues) is as low as 2-3 %. Even non-mainstream sports markets (such as cricket, yachting, etc.) are operated on very good 4-5 % margins. Be aware of the rapid odds movement though. As any other big limits bookmaker, Canbet is moving odds very fast in order to balance the considerable money flows. Therefore it's very important to catch the value odds early. Time of release is pretty standard, usually 4-5 days before the event. Canbet is a must-have bookie for any serious bettor because of their great odds and big limits.
Category evaluation: EXCELLENT

>>> sub-category: SOCCER

Asian odds (sides and totals) are Canbet's priority, so they are operated on very low 2-4 % margin. Straight odds (1X2 style) margin is between 5-12 %, depending on the league. Soccer odds don't move as much as US sports ones, still checking them early is the best choice. Odds for bigger leagues are released 4-5 days before the match day usually. Release time for smaller leagues odds (Canbet don't offer many small leagues though) is 2-3 days, which is faster than most other Asian style bookies. Favourites and underdogs odds are well balanced as principle.
Category evaluation: VERY GOOD

>>> sub-category: US SPORTS

Canbet's US sports odds are very good really. Actually it's hard to think of any bookie surpassing Canbet in this area, except Pinnacle of course. Margins are 2-4 %. Spread lines odds are released very early (immediately after previous day matches are over) and totals and money line odds - a bit later through the day. One additional spread line (0.5 point) is available on the bet slip. Accumulators and teasers are available too, though teasers include bigger margin (8-9 %). Odds on underdogs are slightly better usually.
Category evaluation: VERY GOOD

 OFFER

Canbet's offer include all major mainstream sports and leagues, but you want find any exotic leagues or events available. Their policy is to offer as big limits as possible for any league on offer, so they just skip the so-called 'unknown' leagues. Sports offer include: horse racing (UK, Hong Kong and South African) and greyhounds, American football, Australian rules, baseball, basketball, boxing, cricket, cycling, golf, ice hockey, motor racing, rugby league, rugby union, snooker, soccer, tennis, yachting. Entertainment and politics bets are available too - different shows, awards, elections, etc. All basic betting types are supported (asian spreads, straight odds, money lines) but don't expect to find many special bets or props (goal scorers, corners, player performance, etc.)
Category evaluation: SHOULD BE BETTER

>>> sub-category: SOCCER

Soccer list on offer includes: all major International competitions, all major European leagues (UK - covering all professional levels of English and Scottish football, Spain, Italy, Germany and France - all covered down to second or third level divisions), Netherlands and Belgium (plus second divisions), Portugal, Scandinavia, Ireland, Central Europe (Austria, Czech, Poland, Switzerland), Russia, Greece, Turkey, Romania, major North and South American leagues. Betting types include straight odds for all offered leagues and asian spreads on sides and totals (plus HT lines for the bigger leagues).
Category evaluation: VERY POOR

>>> sub-category: US SPORTS

All major US sports are covered: American football (NFL), basketball (NBA and college basketball), baseball (MLB), ice hockey (NHL). Betting types on offer are limited to spreads, totals and money lines. Props bets aren't so popular for US sports, so this isn't as big a miss as soccer special bets.
Category evaluation: AVERAGE

>>> sub-category: LIVE BETTING

Soccer live-betting is one of Canbet's strongest sides. Every week they offer over 500 soccer matches for live-betting, from every league on offer. Asian handicap live line and total goals line are available for any random live coverage. Asian handicap live lines neglect the current result, so only goals scored after the bet confirmation count for settlement. It would be good if Canbet starts offering straight outcome odds (1X2) too. Some major US sports games are available for live-betting, outside soccer live offer.
Category evaluation: EXCELLENT

>>> sub-category: CASINO, POKER & GAMES

Customers have two options for playing casino games and poker: downloading and installing the respective client (stand-alone application) or playing directly in their browsers. All major categories of casino games are offered: card and table games, video slots and video poker, progressives, keno, etc. Canbet's poker client offers Texas Hold'em (Fixed, Pot and No Limit), Omaha and Stud poker. You can play at cash ring tables, sit'n'go tables and many tournaments (including freerolls). Whatever is your preferred game and limit, you will find more than enough opponents. Poker and casino games can be played only for fun too, with 'play' money. Different arcade games are available too, again for real or play money.
Category evaluation: EXCELLENT

 BETTING PROCEDURE

Betting procedure is easy and secure overall. All betting options for a single event can be revealed with a single button, which is a good feature. Bet slip is loaded in new page and is always accessible under the bet slip tab (upper side of the page) afterwards. Selections are available for single betting, accumulators (unfortunately no systems are offered) and teasers (for US sports). One additional spread line by half a point is available on the bet slip for US sports. After entering the desired stake, a confirmation/bet review page is loaded with your stake, selection and potential winnings. Settlement of bets is very fast, almost immediately after the related event is over.
Category evaluation: EXCELLENT

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