Best Horse Racing Betting Sites in Canada

Horse racing betting in Canada and the industry in general generates billions of dollars to the country’s economy. To join in on the fun, we’ll guide you the way by showing you the below and more:

  • Our win & each-way betting video guide
  • The best horse racing betting sites
  • How to bet on horses and wager types

Top Online Horse Racing Sports Betting Sites in 2021

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Last reviewed: September 2021
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The expert team at OnlineGambling.ca carefully reviews and ranks the best online casinos and sports betting sites available in Canada, based on the following criteria: security, payout speed, win rate, bonuses, choice of games/sports markets, customer service and mobile compatibility. Read more about us.
Canada’s top sportsbook
1 Since 2006
4.5 /5
Excellent
C$200 Bonus
  • Check iconWin Rate: 100%
  • Check iconPayout Speed: 24 hrs

Pros

  • Check iconDozens of sports to bet on
  • Check iconDedicated sports betting app
  • Check iconSpecific esports promotions

Cons

  • Check iconFAQs section is lacking

Payments

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Best customer service
2 Since 2003
4.2 /5
Great
C$10 Bonus
  • Check iconWin Rate: 100%
  • Check iconPayout Speed: 24 hrs

Pros

  • Check iconEasy-to-claim sign-up offer
  • Check iconRenowned customer support
  • Check iconDecent range of promotions

Cons

  • Check iconFew payment options

Payments

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Quickest payouts
3 Since 2001
4.4 /5
Great
C$200 Bonus
  • Check iconWin Rate: 100%
  • Check iconPayout Speed: 24 hrs

Pros

  • Check iconEasy sports navigation
  • Check iconVery quick payout time
  • Check iconEfficient customer support

Cons

  • Check iconNo phone support

Payments

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Best promotions
4 Since 2008
4.2 /5
Great
C$300 Bonus
  • Check iconWin Rate: 100%
  • Check iconPayout Speed: 24 hrs

Pros

  • Check iconLarge sports betting selection
  • Check iconDedicated sports betting app
  • Check iconHuge selection of promotions

Cons

  • Check iconNo live chat support

Payments

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5 Since 1997
4.1 /5
Great
C$125 Bonus
  • Check iconWin Rate: 97.22%
  • Check iconPayout Speed: 3 days

Pros

  • Check iconRefer-a-friend bonus offer
  • Check iconStylish sportsbook design
  • Check iconSeparate racebook section

Cons

  • Check iconFew esports betting options

Payments

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6 Since 2003
4.3 /5
Great
C$500 Bonus
  • Check iconWin Rate: 100%
  • Check iconPayout Speed: 48 hrs

Pros

  • Check iconDedicated ‘live bets’ section
  • Check iconDaily enhanced sports odds
  • Check iconFast withdrawal times

Cons

  • Check iconNo mobile app

Payments

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7
4.0 /5
Great
C$300 Bonus
  • Check iconWin Rate: 100%
  • Check iconPayout Speed: 1-2 days

Pros

  • Check icon1,000 daily sports events
  • Check iconDedicated esports section
  • Check icon24/7 customer support

Cons

  • Check iconLimited VIP program

Payments

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Best sports app
8
3.9 /5
Good
C$1,000 Bonus
  • Check iconWin Rate: 100%
  • Check iconPayout Speed: 5 days

Pros

  • Check iconBig variety of sports markets
  • Check iconAward winning mobile app
  • Check iconGreat sports betting promos

Cons

  • Check iconSlightly confusing sports page

Payments

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9 Since 2017
3.9 /5
Good
C$200 Bonus
  • Check iconWin Rate: 100%
  • Check iconPayout Speed: 1-3 days

Pros

  • Check iconMultiple live betting options
  • Check iconVery appealing site design
  • Check iconQuick payout times

Cons

  • Check iconDeposit & withdrawal fees
  • Check iconCustomer support is not 24/7

Payments

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10
3.8 /5
Good
C$20 Bonus
  • Check iconWin Rate: 100%
  • Check iconPayout Speed: 1-3 days

Pros

  • Check iconFree bets for sports events
  • Check iconLarge range of payment methods
  • Check iconFully licensed and reputable

Cons

  • Check iconNo horse racing betting

Payments

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Win & Each-Way Betting Explained

Take a look at our video below which explains win and each-way betting, the most popular markets in horse racing.

 

Other Horse Racing Betting Pages

How we Review Horse Racing Betting Sites

Horse racing online is big business through sportsbooks. We have an experienced expert team who review all the best sites for you. Their advice on what the best online horse racing experience looks like for bettors is as follows:

  • Security
    Security:

    Horse betting online needs to take place on sites where you believe everything is safe

  • Licensing
    Licensing:

    SSL encrypted sites that are certified and licensed are best, because you can bet with confidence

  • Bonuses
    Bonuses:

    Additional value on horse racing betting through bonuses makes bettors feel appreciated in this competitive market

  • Payments
    Payments:

    A wide range of payment methods for deposits to fund your gambling and withdrawal options for winnings is what to look for

  • Choice of bets
    Choice of bets:

    The best online horse betting sites offer you a great variety of wagers to choose from

How to Sign Up and Bet on Horse Racing

  • Horse betting is what you’re after, so choose a recommended site to gamble at

  • Find the ‘Sign Up’ or ‘Register’ button, which should be prominent on the homepage

  • Hit that and enter your personal details on the registration form

  • Security questions and answers can make your account even more protected

  • Create a username and password – mobile bettors may find a passcode easier

  • Some bonuses need promo codes to activate them, so source and enter these

  • Agree to site’s terms of use and confirm your age to complete registration

What are the Top Horse Betting Options?

In order to know how to bet on horse races, you need to be aware of the popular types of wagers sportsbooks offer.

Whether you place bets using British fractional odds, the American money line or take decimal prices, we can help. Our handy odds calculator tool shows you how to work out horse racing bets.

Some of the most popular horse betting types are:

    Straight wagers

  • Win

    Win

    Betting that your chosen horse finishes first in a race.

  • Place

    Place

    A wager that your horse comes first or second. You have an increased chance of a payout compared to a Win bet, but the price will be shorter.

  • Show Bet

    Show Bet

    This bet is for your horse to finish first, second or third. Three wagers are combined into one. If your selection wins, you win all three wagers. If second, two. And if third, one. The payout is smaller because the odds are shorter.

  • Across the board

    Across the board

    Why not combine separate Win, Place and Show bets together? You gamble more with three wagers in one but for greater potential profit.

  • Each-way

    Each-way

    Most popular at UK and Irish-based sportsbooks, an each-way bet is two in one. Half of your unit stake goes on a Win and half on place terms that are determined by the site. These vary depending on the type of horse race and number of runners.

  • Exotic wagers

  • Exactor

    Exactor

    You’re betting on two horses to finish first and second in the same race in a specific order. This wager is also called an Exacta in the US and Forecast in the UK.

  • Quinella

    Quinella

    This is like an Exactor, but there are two bets in one. Quinellas see you wager on two horses in the same race to finish first and second in any order.

  • Triactor

    Triactor

    Taking it a step further, you can also bet on three horses to finish first, second and third in the same race in a given order. This is also called a Trifecta in the US and Tricast in the UK.

  • Double

    Double

    Where you bet on two horses to win two different races.

  • Triple

    Triple

    Here, you bet on three horses to win three different races. This is also known as a Treble in the UK.

  • Multi

    Multi

    Also called an acca, Multis are where you bet on multiple horses to win their respective races. All legs of the wager need to win in order to receive a payout.

Bonuses

In an ever-growing marketplace, attracting and rewarding your customers is something every sports betting site should do.

One classic method they use is offering bonus incentives. These largely fall into three categories:

  • Welcome Bonus

    Welcome Bonus

    • Free bet tokens once you’ve registered and made a deposit are the norm for new customers
    • If you don’t receive something for signing up to an online horse racing betting site, then that sportsbook isn’t worth your time
    • Make sure you check terms and conditions attached to welcome offers – just so you’re satisfied that the bonus is the real deal
  • Enhanced Odds

    Enhanced Odds

    • If major horse races are taking place, then lookout for enhanced odds
    • These could take the form of price boosts for a win or even extra places if many runners are taking part
    • Enhanced odds promotions are open to both new and existing customers, but remember stake limits may apply
  • VIP Club

    VIP Club

    • Regular bettors can have their loyalty to sportsbooks rewarded through VIP Clubs
    • Opt-in and place a certain number of bets each week to receive bonuses like free bet tokens
    • The VIP Club experience can make you feel special as not every user of the site will be getting such benefits

Main Horse Races to Bet On

  • Breeders’ Cup

    Breeders’ Cup

    Breeders’ Cup

    The Breeders’ Cup is the premier horse racing event in North America, held annually over two days in early November. And did you know it took place in Canada at Woodbine Racetrack in 1996?

    A series of Flat horse races around the world carry invites to the Breeders’ Cup for the winners. With events on both dirt and turf, it attracts worldwide entries.

  • Cheltenham Gold Cup

    Cheltenham Gold Cup

    Cheltenham Gold Cup

    If you prefer betting on horses over jumps and under National Hunt rules, then the Cheltenham Gold Cup is for you.

    It’s the feature steeplechase race during four fabulous days from the Cheltenham Festival held in the UK every March.

  • Kentucky Derby

    Kentucky Derby

    Kentucky Derby

    The best three-year-old North American thoroughbreds contest the Kentucky Derby at Churchill Downs in Louisville in early May.

    Nicknamed ‘the Run for the Roses’, it is arguably the world’s most famous Flat dirt race. The Kentucky Derby is certainly the most prestigious in the USA and it’s the first leg of the American Triple Crown.

  • Melbourne Cup

    Melbourne Cup

    Melbourne Cup

    Flat handicaps don’t come more prestigious or valuable than the Melbourne Cup. Known as ‘the race that stops a nation’ in Australia, there is global appeal with horses sent Down Under just to run in it.

    Held at Flemington in Melbourne, Victoria on the first Tuesday in November, horses need speed as well as stamina to win.

  • Queen’s Plate

    Queen’s Plate

    Queen’s Plate

    Not to be outdone by their American neighbours, Canada has its own Triple Crown for three-year-old thoroughbreds foaled in the country. The first leg of that is the Queen’s Plate.

    Named after Queen Victoria and first run in 1860, this race is on an artificial tapeta surface. The Queen’s Plate takes place at Woodbine in Toronto, Ontario each June or July.

Mobile Horse Racing Betting

Sportsbooks are looking to keep themselves at the cutting edge of technology. That means mobile apps for smartphones and tablets can help Canadian bettors with horse betting online.

We all take our iPhone, Android or other devices with us everywhere we go. Gambling on horse racing online has never been easier with streamlined experiences through downloaded betting apps.

Our #1 Horse Racing Betting Site

TOP RATED CANADIAN SITE
Betway Sports Logo
Betway Sports
4.7/5
Get your C$200 Bonus at Betway Sports
  • Get a C$200 welcome bonus
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Horse Racing Betting FAQs

Where can I find information about horse races?

Betway, Sports Interaction, Unibet, 888sport and Pinnacle all have tons of information about upcoming horse racing events. You can view the latest odds, dates and times of races, and crucially which racehorses are entered.

How do the odds work in horse racing?
How much can you win by betting on a horse?
Are there horse racing wager limits that I should be aware of?
Are horse racing bets fixed?
Where can I find a trusted horse betting site?
Where can I watch horse races live online?
How do horse racing payouts work?