William Hill is one of the most recognisable names in the world of betting. They have a phenomenal range of markets and games, terrific odds, and an overall quality product.Read full review
Best Horse Racing Betting Sites in Canada
Find the best gambling companies for Horse Racing.
Top Sportsbooks for Horse Racing
New customers with CAN250 sign up code only. 50% Free bet up to $50 on the first stake, min odds 1.50 (1/2), net win only. 4 x $50 free bets credited after placing a total of 12 further bets with min odds of 1.50 min stake $25. Free bets expire in 7 days. Player restrictions and free bet terms apply.
|Website: williamhill.com||Founded: 1934|
|Owner: William Hill plc||Headquarters: London|
|Website: betway.com||Founded: 2006|
|Owner: Betway Group Limited||Headquarters: Malta|
With over 2 million active customers, Betway is one of the biggest bookies in the world. They are partnered with West Ham United and have also sponsored major tennis, boxing, horse racing, and darts events.Read full review
|Website: sportsinteraction.com||Founded: 1997|
|Owner: Mohawk Online Limited||Headquarters: Kahnawake|
Sports Interaction was the first licensed and regulated online bookie in Canada. The trust and reputation it has built up over the past two decades has allowed it to become one of the most used betting sites in the country.Read full review
New Customers only. $10 min deposit. The bonus will be applied once the full deposit amount has been wagered at least once with cumulative odds of 1.5 or greater. Wagering must be cleared within 60 days. This offer may not be combined with any other offer. Withdrawal restriction and Full T&C’s apply.
New Sports customers only. Minimum wager of $50 required. The qualifying bet(s) to claim the Free Bet must have minimum odds of 1.80 (-125). Qualifying bets can be made up of one bet of $50+ or numerous bets totaling $50+. Mr Green general terms and conditions apply.
|Website: mrgreen.com||Founded: 2007|
|Owner: William Hill plc||Headquarters: Malta|
Mr Green was founded in 2007 and has since become an established online casino and sports betting site. The company, which uses Kambi's software for its sportsbook, was acquired by William Hill plc in 2019.Read full review
We Compare the Best Horse Racing Betting Sites in Canada
Horse racing dates back to the ancient Greek Olympics and is one of the most accessible, simple, and fun sports to wager on with betting sites in Canada.
There are several different variations of horse racing and even more unique types of bets which can be placed on races worldwide, and at MyBettingSites.com we have scoured our fair share of odds boards in Canada, the U.S, UK and beyond.
Gambling and horse racing go hand in hand. The entire culture of the sport is built around betting, and if you want to learn how to get involved, you have come to the right place.
We can help turn you from an instinctive punter to a strategic, skilled bettor.
Betting on horse racing can be as simple or as complicated as you make it. For some, it is fun to just pick a race randomly, select a horse and place a bet. Others prefer to study each race card extensively and look into exactas, trifectas, and superfectas.
There are many superb welcome bonuses and free bets to be claimed from sportsbooks in Canada, a number of which can be claimed on this page.
Frequently Asked Questions About Horse Racing Betting Sites
Horse racing simply wouldn't be as fun without the betting element. If you've ever been to the races, you'll have witnessed first hand how big a part of the sport it is. If you don't know much about horse racing betting, see some basic questions and answers below.
🐎 Where can I bet on horse racing in Canada?
🧲 Which bookmaker has the best horse racing odds?
🤑 How do I claim a sign up offer on a horse racing betting site?
If you want to grab some free bets, a matched first deposit or matched first wager, find a sign up offer on this page, and click on one of the ‘claim’ buttons.
📲 What is the best app for horse racing betting?
🐴 How does horse racing betting work?
Bettors have loads of options when it comes to horse racing betting. They can simply back a horse to win straight up, or finish in the top two, three and so on. More adventurous punters can go for exacta, trifecta, superfecta, and various other bet types. Read our guide on how to bet on horse racing below.
🇺🇸 Can I bet on the Kentucky Derby in Canada?
Kentucky Derby betting odds are made available on sites like Bet365 months in advance, and as the event draws nearer, every sportsbook will have odds on this huge race.
Best Horse Racing Betting Sites in 2020
Betway Horse Racing Betting
100% up to $250
If you want a punt on the Grand National or a bookie with excellent Kentucky Derby betting, you won’t find many better sportsbooks than Betway. Through their betting site, you can live stream horse races, place singles (including each way bets) and multiples, and get all the best up to date racing info and form. With great promotions too, Betway should be at the top of your list of horse racing betting sites.
22Bet Horse Racing Betting
100% up to $300
22Bet is known for its huge array of markets, and if you know a thing or two about horse racing and want to place more specific bets, this betting site is a great option. The usual winner and place bets are available, as well as other props such as win without leader, and win with a refund if placed. A multitude of ante-post markets are also on the site, allowing punters to bet on races way in advance.
Sports Interaction Horse Racing Betting
100% up to $125
A bookmaker licensed and regulated in Canada, Sports Interaction is a top notch betting site with a world-class horse racing offering on races in Canada and internationally. Terminology used on the site will be familiar to Canadian horse racing punters, with straight bets, exactas, trifectas, superfectas, daily doubles, pick 5s and more. Add to that a great sign up offer and an all-round exemplary sports betting catalogue and you have yourself a bookie which every Canadian bettor should have an account with.
How Do You Bet on Horse Racing?
Every sports betting site in Canada takes wagers on horse racing, but the number of options and types of bet per sportsbook will vary.
All of the bookmakers listed on this page feature races from Canada, as well as international meetings in countries like the U.S, UK, Australia, Ireland, and South Africa.
There are lots of races every day, and many different ways to bet on them.
The most straightforward type of bet on any horse race is a straight win. When you go to the horse racing section of any betting site and see races listed, the odds next to each horse will be for them to win the race, unless specified otherwise.
Punters can choose to place a bet on a horse to win the race at the fixed odds offered at the time of the bet. Prices do tend to change regularly in the minutes and hours leading up to a race, and bettors can instead choose to bet on a horse at the starting price, meaning the bet can be placed in advance but the odds taken will be whatever that horse’s odds are at the time the race starts.
Let's say there is a race meeting at Wolverhampton in the UK, and the 1:25pm race has a horse named Red Gunner as the favourite at +275 (3.75).
The race starts in 20 minutes, and you place a $10 bet on Red Gunner now at its current price of +275.
In the minutes leading up to the race, a lot of money is placed on another horse, called Greengage, which was priced at +800 but is backed into +500 (6.00).
As a result of the betting activity just before the race, Red Gunner drifts out to +400 (5.00).
Red Gunner wins the race, and your $10 bet wins you $37.50 including your returned stake.
If you had placed a $10 bet on Red Gunner but chosen to back it at the starting price, you would have instead collected $50.
Of course, it can also work the other way. Red Gunner could have been backed into +175 (2.75) right before the race, meaning your winnings would have been lower than what you did end up winning.
Taking the starting price is taking a gamble on how the odds will change before a race, which could end up either increasing or decreasing your winnings.
It might be worth studying the odds for a few races for 10 minutes before they all start to get a feeling for how odds move, and how you can best use it to your advantage.
Also note that on some races, fixed odds may not be available.
In a safer option, bettors can pick a horse to place only, which is a bet on the horse to finish either first or second. There are no extra rewards for finishing first, and the payout is less than a straight win, but the chances of success are greater.
An even safer bet is a show bet, which is like a place bet but instead of the horse having to finish in the top two, it only has to end up in the top three. Payouts can be low, but because of the increased chance of winning the bet, punters often stake more money on these wagers.
While place and show bets allow horse racing punters an opportunity to play it safer and increase chances of winning, there are various other more audacious bet types that are much more difficult to win.
A quinella is a bet on two horses to make up the top two in a race. They can finish in either order but must come in first and second.
More difficult than a quinella but similar is an exacta. Again, two horses in any given race are selected, but in this instance, the winner and runner-up must be specified in exact order.
To take it further, a trifecta bet is the same as an exacta but with a third-place horse added, and a superfecta, which is extremely difficult to win, adds a fourth horse.
European betting sites may refer to exactas and trifectas as forecasts and tricasts respectively.
Different types of parlay bets can also be placed on horse racing. For example, a daily double lets punters pick winners in back to back races, and both must win in order to receive the potentially high payout.
There is also the option of a pick 3, pick 4 or pick 6, but these wagers are very tough and the latter is borderline impossible. Combining bets on multiple races into one wager can also be simply referred to as a parlay.
My Betting Sites Recommends
William Hill Horse Racing Betting
Up to $250 in Free Bets
William Hill is the gold standard for horse racing betting. They have racecards from all over the world including all major Canadian and US meetings and have well-priced odds plus parlays. Fixed odds and the starting price are both available on many races, plus specials such as a particular horse to win by over three lengths. Users can search by jockey/trainer or by horse A-Z. This is a fully comprehensive horse racing offering from one of the best and most reputable bookies in the game.
Find the Best Horse Racing Odds
Odds fluctuate all the time in horse racing, particularly as each race draws nearer. With so much betting activity, it is inevitable that prices will change.
It is basic supply and demand. If a horse is being backed heavily at a certain price, the odds will be reduced. If nobody is backing one horse but there are many bets on all the others, that one horse’s odds will go up as the bookie wants people to back it.
While some sportsbooks just have better odds in general across the board, when you compare a number of bookmakers in an attempt to find the best prices on a certain race, it is often the case that one bookie will have the highest odds on one horse, and another will have the best price on a different horse, and so forth.
It is difficult to narrow it down to just one betting site for all horse racing - you need to have options.
You should have a few accounts with different sportsbooks, and pick and choose when you use each one based on their odds for particular horses that you want to back.
If you are looking to put together a pick 4 or a parlay of some kind, you should add the same bets to your bet slip on each horse racing betting site, and see which would give you the highest payout.
All of the bookmakers listed on this page have competitively priced horse racing odds, but they do differ in terms of variety and what type of bets they offer, so be sure that they have the markets and odds you are looking for before signing up.
My Betting Sites Recommends
Bet365 Horse Racing Betting
100% up to $200 in Bet Credits
A betting site known for its competitive odds and outstanding variety, Bet365 shines in the horse racing stakes. Domestic and international events are covered in-depth, and flexibility is in abundance. ‘Place’ bets for various races can be adjusted so that the finishing position requirement for the horse can be changed. If it is set to the top two places, odds are longer than if it is top three, four and so on. In deeper fields, as many as nine places can be selected, for shorter odds.
Horse Racing Betting Site Sign Up Offers
Horse racing is great fun to bet on. It’s easy to understand and anybody can get involved. It is even more fun when you have got a betting account loaded with funds courtesy of one of the many great sign up offers available to punters in Canada.
Every bookmaker on MyBettingSites.com has an active promotion that allows Canadians to claim free bets or a welcome bonus, which can be used for Kentucky Derby betting, the Dubai World Cup, Breeders’ Cup or any other horse racing meet.
Terms and conditions vary per sign up offer and you should consider how easy the wagering requirements are, but on the whole, they represent great value.
My Betting Sites Recommends
888sport Betting Bonus
100% up to $200
A wide selection of horse racing odds is available on 888sport, and their outstanding sign up offer which gives customers a 100% bonus on a $200 deposit is well worth taking advantage of. On top of their exemplary welcome bonus and range of odds, the betting experience is terrific on mobile and desktop, lots of banking options are usable, and there are many seasonal promotions for existing players.