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Major League Soccer Betting Guide for 2024

Did you know there are teams from Canada playing in Major League Soccer? This is our guide to MLS betting which is the American soccer league.

With its own franchises involved, Major League Soccer betting in Canada is important. You’ll find all this and more on this page:

  • Key facts about the MLS and an overview of the competition’s history
  • Popular bet types and how Major League Soccer odds work
  • The best MLS betting sites via our list below:

Top Online Soccer Betting Sites in 2024

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An Introduction to Major League Soccer

Before we start handing out the MLS betting advice, a great foundation is knowing how this competition works. With that in mind, here are our top 10 facts about Major League Soccer:

  • The MLS is split into the Eastern and Western Conference based on geography

  • In the 2020 Major League Soccer season, there are 13 teams in each Conference

  • Each team plays every other from their own Conference both home and away, and all the teams from the other once either home or away

  • Three points are awarded for a win and one for each tied game

  • The team that finishes top of each Conference at the end of the regular season receives a bye into the Conference semi-finals of MLS playoffs

  • Teams that finish second down to seventh enter the MLS playoffs at the Conference quarter-finals stage

  • Winners of the two Conference playoff finals are taken forward to the MLS Cup

  • Both the Conference semi-finals and finals are now just one match instead of two-legged ties

  • Extra-time and penalties can be used to determine the winners of MLS playoffs matches

  • The away goals rule is no longer in effect for the MLS playoffs

How Major League Soccer Odds Work

If you’re a gambling newbie, then you may not understand how MLS betting works. We can help, though. Let’s work through an example of a typical match result market:

Montreal Impact
Montreal Impact
1.80
Draw
3.75
Toronto FC
Toronto FC
4.33

In this hypothetical MLS game, Montreal Impact are favourites because they’re the shortest price. For every C$5 bet on them, you would make C$4 of profit if they won. That’s total returns of C$9 on the wager.

A draw or tie occurs commonly in soccer matches. A C$4 stake on the scores being level here returns C$15. That means C$11 profit.

Toronto FC are betting outsiders to win the game. If you wagered C$30 on them, you would win C$100, garnering a return of C$130.

We’ve used decimal odds in our example, but you might also encounter MLS prices in fractions or using the American moneyline system. Our odds calculator below lets you see how these ways of expressing betting odds compare:

Major League Soccer Betting Options

Now we come to the heart of all MLS betting advice. What different kinds of wager are there that prove popular with gamblers? Here are some of the most frequently used odds types for Major League Soccer betting in Canada:

  • Match result

    Match result

    Which team will win their match or will it end in a draw?

    Eg:
    Orlando City
    Orlando City
    2.90
  • Half-time/full-time

    Half-time/full-time

    What will the match result be at half-time and then full-time? This market allows you to build the possibility for a change in fortunes in the second half.

    Eg:
    Draw/Columbus Crew
    5.50
    Columbus Crew
  • Correct Score

    Correct Score

    What will the precise final score in goals be between two teams after a regulation 90 minutes?

    Eg:
    Philadelphia Union
    Philadelphia Union
    2-1
    8.50
    Toronto FC
    Toronto FC
  • Goalscorer markets

    Goalscorer markets

    Which soccer player will score the first or last goal? Can they score a goal at any time, or two or more, or even a hat-trick? With goalscorer markets, you’ve got many options.

    No goalscorer is even priced up.

    Eg:
    Bradley Wright-Phillips
    to score first
    2.88
    Bradley Wright-Phillips
  • Handicaps and spread betting

    Handicaps and spread betting

    When one team are strong favourites to win, sportsbook traders will set handicaps to reflect that. Using recent form and stats, they will come up with brackets or margins, known in North America as spreads, that do this.

    These are pretend deficits in goals for the favourites to overcome, or imagined advantages for betting underdogs to cling onto. A winning bet is one that is said to have covered the handicap or spread.

    Eg:
    LA Galaxy
    with -1.5
    goals
    LA Galaxy
    3.25
    Chicago Fire
    with +3
    goals
    Chicago Fire
    1.04
  • MLS Cup winner

    MLS Cup winner

    Which team will win the whole competition and lift the MLS Cup? This is a common futures market which is available throughout the regular season and playoffs.

    Eg:
    Toronto FC
    19.00
    Toronto FC
  • MVP

    MVP

    Which soccer player will be voted the MLS’s MVP?

    Eg:
    Josef Martinez
    9.00
    Josef Martinez
  • Conference winner

    Conference winner

    Which team will be crowned outright winners of their Conference? This is a bet on the winner of the Conference playoff final, not who tops the regular season table.

    Eg:
    Atlanta United to win the
    Eastern Conference
    3.00
    Atlanta United

Other Soccer Pages

What is Major League Soccer Live Betting?

  • Betting on live sporting events while they are in-play is becoming ever more popular
  • The best MLS betting sites will provide live markets for you to place bets on
  • These react to what happens in the match with prices constantly updating
  • Live betting markets should be available from first to final whistle
  • Popular in-play bets include next team to score

A Brief History of Major League Soccer

Major League Soccer is founded as part of the United States’ bid to host the 1994 FIFA World Cup

1993

The first MLS season takes place with D.C. United crowned inaugural champions

1996

D.C. United retain the MLS Cup. This feat has since been matched with Houston Dynamo (2006 and 2007) and LA Galaxy (2011 and 2012) winning consecutive championships

1997

Preki of Kansas City Wizards becomes the only player in MLS history to be voted MVP more than once

2003

Former England captain David Beckham joins the MLS signing for LA Galaxy from Real Madrid. His high profile in the global media shone a brighter spotlight on the competition

2007

FC Dallas match Columbus Crew’s record undefeated streak of 19 MLS games

2010

LA Galaxy win a record fifth MLS Cup

2014

Landon Donovan sets the MLS record for most goals (145) and assists (136). Chris Wondolowski surpassed this record in May 2019 at the ripe age of 36.

2016

Toronto FC become the first Major League Soccer franchise from Canada to win the MLS Cup

2017

New York Red Bulls pick up a record 71 points during the regular MLS season, but lose in the Conference playoff finals to eventual MLS Cup winners Atlanta United

2018

Conclusion

And there it is. Our guide to MLS betting in Canada is complete. You should be wiser about how it all works and ready to start gambling on Major League Soccer!

If you haven’t had enough MLS betting advice, then check out our FAQs section. Refresh your memory about the topics we’ve discussed.

FAQs

What is Major League Soccer?

Major League Soccer, often abbreviated to the MLS, is the USA’s top soccer division. Teams from Canada also play in this league.

What are the most popular MLS bets?

Some of the most popular betting types and MLS odds are:

  • Match result
  • Half-time/full-time
  • Correct score
  • Goalscorer markets
  • Handicaps and spread betting
  • MLS Cup winner
  • MVP
  • Conference winner

What are the best Major League Soccer betting sites?

We only feature the best MLS betting sites in our list of top casinos on this page. Check those out if you haven’t already!

Can I bet on the MLS on mobile?

You can bet on Major League Soccer and many other sports on mobile and digital devices.

What is Major League Soccer live betting?

Live or in-play betting is where you wager on sporting events as they happen. Markets and odds change all the time to reflect what’s going on.

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