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Jelena Kabić
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Jelena Kabić
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Horse Betting in Canada | Top Horse Betting Sites 2023

Cover image for post Horse Betting
Horse Betting
Horse Betting in Canada | Top Horse Betting Sites 2023

Horse racing has a long history in Canada, and it’s still one of the most popular sport to bet on to this day.

And with good reason! Horse racing betting can be thrilling, and you can find events to bet on all year round.

Until recently, bettors in Ontario weren’t able to bet on horse racing at licensed Ontarian sites.

This was because of legal betting regulations that the licensed operators had to comply with.

But that has now changed since bet365, in association with Woodbine Entertainment Group, re-introduced its horse racing pari-mutuel betting section to Ontarian bettors!

Read on to discover our suggested horse betting sites for Canadians as well as information on the most popular horse bets, the legality of horse betting, and more!

So, how do you bet on horse racing in Canada?

Apart from on-track horse betting, and horse racing apps like Ontario’s HPIBET and Dark Horse, you can also bet at bet365 which recently struck a partnership with the Woodbine Entertainment Group.

Using bet365 is an easy process:

  1. Sign up and create an account by following all the required steps.
  2. Deposit money using your preferred payment method.
  3. Find a horse racing event you want to bet on and place a bet.
  4. Sit back and enjoy!

Different Horse Racing Bets

If you’re new to horse betting, you’re likely to find the number of bets and terms overwhelming. But no worries, we’re here to break it down in simpler terms!

Firstly, there is a distinction between straight and exotic bets. Let’s look at the straight bets first.

Win / Place / Show Bets

Win: You bet on a single horse to take 1st place.

Place: You bet on a single horse to take either 1st or 2nd place.

Show: You bet on a single horse to take 1st, 2nd, or 3rd place.

Here’s an example of a Win or Place bet at Sports Interaction:

horse racing straight bets
Win/Place Horse Racing Bet at Sports Interaction

Out of all horse racing bets, the straight bets are the easiest and most popular, so we recommend these for beginners.

Exotic Bets

If you want to add to the excitement, you can try some exotic bets:

Exacta: You bet on two horses to take 1st and 2nd place. Your horses must finish in that order to win.

Quinella: You bet on two horses to take 1st and 2nd without taking into consideration the order.

Trifecta: You bet on three horses to take 1st, 2nd, and 3rd in that exact order.

Superfecta: You bet on four horses to take 1st, 2nd, 3rd, and 4th place in that exact order.

Take Note!

Exotic bets can offer bigger payouts than straight bets. However, you’re also less likely to win these bets since there are more variables. This is why we suggest that you thoroughly research a race before placing any bets.

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