![]() Well, if the simple math of getting 60 cents back on every dollar you bet doesn’t paint a clear enough picture, let’s compare that payout percentage to those offered by other lottery and casino games: That structure allowed the OLG to make $1.7 billion from when it began offering sports betting in 1992 to when the article was written. What did surprise us was, later in the article, an OLG spokesperson stated that the OLG aims for roughly a 60 per cent payout. This revelation was certainly an interesting one, though it didn’t necessarily surprise us. In some cases, the OLG will close betting on games if too many players are betting on the same combination and make the OLG vulnerable to losing too much money. ![]() The article, titled ‘ OLG shut down NFL Pro-Line betting on Sunday’, described how the Ontario Lottery and Gaming Corporation constantly monitors and limits wagers on games. We always knew Proline betting odds were bad, but we didn’t fully comprehend how bad they are until reading a 2013 article in the Toronto Star. ![]() ![]() (Photo credit: Jeff Kubina / Foter / CC BY-SA) Even slots in Ontario have to pay out at least 85%. ![]()
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