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Betting Hero Survey Finds Ontario Sports Betting Differs Vastly From US – Casino.org
Posted on: August 31, 2022, 08:26h.
Last updated on: August 31, 2022, 08:26h.
Steve Bittenbender
A research report released Wednesday by Betting Hero shows that the top US online gaming companies have stiff competition for the top spots in Ontario.
Teoscar Hernandez of the Toronto Blue Jays drops the bat as he rips a double against the Boston Red Sox in a June 28 game at Rogers Centre. On Wednesday, Betting Hero released the results of a survey showing bettor behaviors and preferences in Ontario. (Image: Jon Blacker/The Canadian Press)
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Bet365 stood at the top of the charts for bettors’ favorite site in the Canadian province. Amid a crowded field, 38% listed the British-based outfit as their top choice, compared to 14% who liked the Ontario Lottery. FanDuel and Toronto-based theScore Bet earned 11% each, while BetMGM, Unibet, and DraftKings each garnered 4%.
Ontario’s regulated iGaming market, which includes both online sports betting and casino gaming, launched on April 4. The Alcohol and Gaming Commission Ontario established a framework allowing gray operators to gain access to the new market, and bet365 took advantage of the opportunity.
Slightly more than half of the respondents, 51%, said they had used an online sportsbook before April 4, and 30% of those bettors said they had wagered at bet365.
Jai Maw, president of Betting Hero, said in a statement that the survey shows the province “understandably” continues to deal with its gray market past.
Unfortunately for new entrants to Ontario’s emerging legal sports betting market, that loyalty seems to be heavily weighted in favor of companies previously operating in Ontario’s gray market,” Maw said. “Legacy U.S. and European sports betting companies entering Ontario could greatly benefit from tailoring their marketing and retention strategies to meet the unique needs of the Canadian consumer and regulatory environment.”
The report is based on surveys conducted with 115 respondents, with 95% of the responses coming from online or telephone interviews. The surveys were conducted in May and June.
Differences Aplenty Between Ontario, US Bettors
The Betting Hero survey also found that Ontario bettors liked apps for different reasons than bettors surveyed in New York and New Jersey. In all three jurisdictions, the user interface or experience was the leading factor for why bettors liked a particular app, but in Ontario, 58% cited UI as the primary reason, compared to 43% in New York and 37% in New Jersey.
Ontario bettors were far likelier to prefer an app because of a strong brand or customer service. At 15%, that was nearly four times more important than in New York (4%) and five times more important than in New Jersey (3%).
Ontario’s regulated market has set up stringent rules that prohibit public advertising of promos and bonuses. Approved sports betting operators can offer them, but they’re allowed to do so only on their sites and through direct promotional advertising if the bettor gives their consent.
Those rules seem to have had an impact so far. In New York and New Jersey, 17% and 18%, respectively, cited promotions and rewards offered as the reason why they preferred their favorite sportsbook. Only 8% cited that in Ontario. Diving deeper into the promos, only 25% of Ontario bettors surveyed said they’d try a new sportsbook because of promos. The responses in New York (49%) and New Jersey (51%) were significantly higher.
In New York, 27% said they chose to sign up for an app because of a risk-free wager or deposit match offer of $300 or more. Just 10% said cited that as a factor in Ontario.
Bettors were also more inclined to use one app in Ontario than odds or promo shop. Nearly a third (32%) said they only use one app. That’s compared to 24% in New Jersey and 17% in New York. The average bettor in Ontario is on 2.6 apps, compared to 3.3 apps in New York and 2.8 in New Jersey.
“Sports bettors in Canada have noticeably different betting behaviors than their American counterparts,” Maw said. “They’re less attracted to, and in many cases less aware of, available promotions and are seemingly more loyal to their preferred sportsbook.”
About the Betting Hero Survey
Of those surveyed, 85% were male. The age range for participants was 19 (the legal betting age in Ontario) to 66, with the average age at 30.
A fifth of the respondents told Betting Hero they bet on sports at least once a day, if not more, and the average amount participants wagered each month was CDN$512.
Less than half (47%) said they played the online real-money casino games allowed to operate in Ontario.
The survey also came out just one day after iGaming Ontario (iGO) released its first quarterly report that showed bettors wagered more than CDN$4 billion through the registered sports betting and Online Casino apps through the first quarter, which ran from the April 4 start date to June 30.
The financial numbers reported were considered disappointing to both gaming industry experts and investment analysts who thought the numbers would compare better to US markets, especially since Ontario is home to 14.5 million people.
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