October 18, 2006
18-Oct-06. Sports Select caters to a casual crowd. Calgary Herald, D1.
A sports betting expert and consultant says that serious bettors prefer wagering on Internet gambling sites to provincial sports lottery games. He says that the provincial games offer poor value because gamblers are forced to combine winning predictions from three games which gives the house a huge edge. According to Randle the Handle, a typical offshore betting operation has a profit margin of around four per cent while the Western Canada Lottery Corporation clears about 30 per cent annual on sports wagering.
