Horse racing is one of the most popular and oldest forms of betting. Also known as “sport of kings”, horse racing dates back to the ancient Greeks racing with horses as far back as 700 BC. The sport is extremely popular all over the world including Canada. More so, horse racing is a pastime that is enjoyed by many Canadians. Betting on horses is not only exciting but very rewarding. If you’re looking for the best betting guide to help you make some real money profits and win big jackpots when betting on horses, then you’ve come to the right place. In this article, you will find all you need to know about horse betting in Canada, horse racing games, tips and you will find also the best horse racing betting sites. Read on to start learning!
BEST HORSE RACING SITES CANADA
100% up to C$200 Bonus
100% up to C$200 Bonus
50% up to C$100 Bonus
100% up to C$500
100% up to C$250 Bonus
50% up to C$50 Bonus
WHAT YOU WILL FIND IN THIS HORSE RACING GUIDE
- How Betting Works in Horse Racing
- Types of Horse Racing Bets
- Quick Steps on How to Bet on Horse Racing
- Popular Racetracks for Canadians
Horse racing works fairly easy and convenient online. You can bet on horses at any time of the day or night. All you need is a computer or compatible mobile device and good internet access. However, before you can partake in horse racing betting you need to at least familiarise yourself with horse betting basics. This is essentially learning the types of bets and how they work and if you’re a beginner player you might need a few tips and tricks up your sleeve. Learn the different types of bets below and how you can place real money bets thereafter.
There are only two categories which punters can bet on in horse racing. Those are straight and exotic wagers. We strongly advise beginners to stick to straight bets as they’re simple and don’t cost much. Straight wagers in horse racing is simply predicting which horse will come first, second or third. You can only bet on one horse. Canadian punters can place straight wagers from as little as C$2. Meanwhile, exotic bets are for more advanced horse bettors. They allow you to make multiple bets on multiple horses in a single bet. They are difficult to win and require advanced skill and knowledge compared to straight wagers.
Win – essentially means betting on a horse you think will come first. If does win, you win.
Place – betting what place your horse will come. Either first, second. If the outcome matches your bet, you win. Place wagers are less that Win wagers.
Show – betting if your horse will come first, second or third. Show bets offer Canadian bettors a huge opportunity to win but payouts are still less than the win and place bets.
Across the Board – also known as a “combo straight wager” betting across the board is essentially betting if your horse will win, place or show. Generally, across the board wagers are expensive and they’re aren’t much of a good bet as they have less profit potential.
Win/Place or Place/Show – this is placing your horse to win and place. This type of bet does not differ much from across the board bets.
EXACTA – One of the most popular bets among skilled horse racing bettors. How exacta bets work is essentially placing wagers on two horses that you believe will come first or second in that exact order. Punters also have an opportunity to “box” their bet, which guarantees you a win should your two horses come in any order on the two spots.
QUINELLA – Works similar to the “box”. In this type of wager, you bet on which two horse will come in first or second in any order.
TRIFECTA – Tri for three, as the name may suggest. So, here you bet on which three horses will finish first, second and third in the exact order.
SUPERFECTA – works similar to the trifecta, but here you bet on four horses, adding another horse to the fourth category. Both the trifecta and superfecta allow you to make “box” bets.
Betting on horses does not differ much from traditional horse betting. But here you do not have to stand in long queues. Below are quick easy steps you can take to make your horse racing entries:
- Register with our reputable horse racing sportsbooks.
- Make a deposit.
- Select horse racing on the sports betting tabs.
- Select the name of the racetrack you wish to bet on (see popular horse racing tracks in Canada on the following section).
- Make your selections by choosing the horse(s) number in that race and not the horse’s name unless stated.
- Pick the bet you want to place (win, place or show).
- Confirm your bet.
- Check the horse racing results to see if you have won.
Canada is home to several horse racing tracks. This means you have even more opportunities for horse race betting. Below are some of the top racetracks available for Canadians:
- Aqueduct Racetrack
- Belmont Park Racetrack
- Churchill Downs Racetrack
- Del Mar Racetrack
- Saratoga Racetrack
- Pimlico Racetrack
- Woodbine Racetrack
More Popular Online Betting Guides: