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Best Horse Racing Betting Sites in Canada


Betting on horse racing is more popular than ever. It’s even easier to wager on horse racing now with online horse racing bet sites that have all sorts of features. We’ve got a list you’ll want to go through to pick the best online sportsbook for you.

List of the Best Horse Racing Betting Sites

Rank Bookmaker Rating Bonus Get bonus
1
4.5/5
300% match bonus up to 7,380 CAD!
PlayRead review
2
4.8/5
100% first deposit bonus up to 300 CAD
PlayRead review
3
4.5/5
300% welcome package up to 200 CAD
PlayRead review
4
4.5/5
150% Welcome Bonus up to 600 C$
PlayRead review
5
4.8/5
Welcome Bonus up to 270%
PlayRead review
6
4.8/5
225% welcome bonus on the first three deposits
PlayRead review
7
4.5/5
100% Welcome Bonus up to 145 CAD
PlayRead review
8
4.8/5
100% First Deposit Bonus up to C$150
PlayRead review
9
4.5/5
Rareback Bonus Up To 25%
PlayRead review
10
4.8/5
150% Welcome bonus of up to 145 CAD
PlayRead review

What Will You Find in This Article?

What is the best betting site? We’ve tailored this page to answer the question and look into bonus features, and set out some tips and tricks on how to bet on horse racing.

Best Horse Racing Betting Sites

Latest Betting Bonuses

  • Bonus
    Welcome Bonus up to C$150
    Melbet is a haven for Canadian players looking for the best gambling experience. Founded in 2012, the betting site is…
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    Tebwin is an online gambling platform that accepts players from Canada. The operator has several mouthwatering bonuses, including a welcome…
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    VulkanBet is an online betting platform that promises Canadian players the best gambling experience. The operator has several incredible bonuses,…
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    Bluechip is a relatively new online gambling site with lots of lucrative offers. Canadian players at this betting site are…

How Horse Racing Betting Sites Work?

Nothing beats the feeling of placing bets on your favorite horse and then tracking how they perform. Betting sites make it easy: you sign up, place a bet and then win money if your horse wins the race.

How much you win will depend on the amount everyone else wagers and the odds of your horse winning. Horse racing differs from other sports bets because of the pari-mutuel system, where all the wagers are pooled, and you try to bet against the public instead of the house.

Horse Racing Overview
🏟 First IntroducedIn 1666
🏢 Overseeing OrganisationsFIAH, RFHE
🔝 Bookmaker CoverageHigh
⭐️ Popular inUk, USA, Australia, France, Japan
🏅 Olympic DisciplineYes

Why Use Online Horse Racing Bet Sites?

Today, it’s all about ease and convenience. Good online agencies provide you the chance to view the games from anywhere and re-up your deposit when you’re low. You can immediately place another bet halfway through the race instead of standing in line and hoping for the best. It’s easier than ever to find a site you like that’s legal and offers incredible promotions and bonuses to play with.

How We Rank Horse Racing Betting Sites

Horse racing is becoming more lucrative because there are plenty of new sites popping up each day. We comb through each of them with specific criteria to make sure only the top bookies make it to our main page.

These are sites we’d like to be regulars at for each major event, so we compare even the smallest details. We note which online sports betting sites offer money lines for horse racing or offer promotions for larger deposits. Here are some other things we keep in mind when looking at new sites.

  • 1

    License

    It’s incredibly important to find a licensed bookmaker. While it’s legal to place bets, you need to do it through the correct platforms. Look for ones from international legalizing companies that issue any of the following licenses: KGC, MGA, or UKGC.

  • 2

    Odds and Payout Percentage

    Odds are quite important when gambling on horse racing. After all, you’ll be betting against the public, and it’s better to have the best odds in your favor as well as the highest payout percentage you can get.

  • 3

    Variety of Betting Markets

    It’s important to pay attention to the variety of markets available during derby season. It’s easy to differentiate between an up-and-coming site that averages a few markets and one that’s trusted with at least 300 markets for a smaller race.

  • 4

    Betting Offers

    To find the best site out there, we pay attention to the kinds of offers bookies have on their websites. Think of deposit or referral bonuses. This is especially important around championships or international events.

  • 5

    Payment Methods

    Your funds are what make betting websites run the way they do, which means this part of the process needs to be the most flexible and up-to-date.  It also needs to be the safest, especially during races when things can get hectic.

  • 6

    Betting Features

    Every website wants you to visit it, so it tries to offer features no one else has. We pay attention to what makes a website stand out against its competitors.

How to Bet on Horse Racing Online

Online Horse Racing betting through bet platforms is quite easy. Here’s a recommended strategy.

  • Look at Our List of Bookmakers
    step 1

    We’ve done the hard part; all you need to do is find a site that works for you.

  • See How the Site Works
    step 2

    Each bookie will have options unique to them. Play around on the website and get familiar with its features.

  • Place a Deposit
    step 3

    Place a Deposit
    Once you’re verified, deposit as much as you’re comfortable with.

  • Start Betting
    step 4

    And now for the fun part, where you bet on horse racing events.

Popular Bonus Types for Betting on Horse Racing

The best way to entice new racing betters is through welcome bonuses. Some may be small, but many are competitive. But that’s not all that’s available for internet horse race bets.

Free Bets

Quick and easy to access, free bets act as site credit when you open an account.

Risk-Free Bets

Perfect for those placing their first wager, as this promotion will cover you in case you don’t win your first wager.

Deposit Match

These bonuses match what you initially put down up to a certain percentage. The best deals match 100% up to at least $200.

 

Most Popular Horse Racing Betting Markets

horse racing betting

You may be interested in different markets based on your previous experience. Here are our top three choices for all levels:

  • To Win the Race: perfect for people new to horse racing because it’s simple and easy to understand.
  • Each Way: allows you to place two different bets at the same event.
  • Tricast: you can choose the top 3 horses that will win.

Tips for Advanced Punters

  • Watch the Coach: Have they won races over and over again? What is their sport track record like? One whose choices win consistently will be a solid choice.
  • Pay Attention to Gate Numbers: Those tracks are fairly tight, and being on the outside of a track when going around turns may play to the horse’s advantage.
  • How’s the Horse: Pre-match odds for head-to-head horse matchups are essential to know about. A horse with all the track advantage in the world will not run if it recently sustained an injury.
  • How’s the Jockey: Pay attention to the jockey’s full list of riding records and observe how they interact with their horse.

 

Popular Horse Racing Tournaments to Bet On

United States:

Kentucky Derby: The “Run for the Roses” is one of the more famous ones across the nation.

The Breeder’s Cup: Some of the best thoroughbreds in the world race at this two-day event.

International:

Dubai World Cup: This race rivals the Breeder’s Cup for the biggest purse worldwide.

Prix de l’arc de Triomphe: Takes place in Paris in the fall, one to watch for.

Epsom Derby: One of the oldest horse racing events, this was the inspiration for the Kentucky Derby.

 

Live Betting

Online horse racing sites don’t just allow live streaming tournaments but also live bet stakes. This is especially exciting during the races because you know that anything can happen before the finish line. Here are some tips to bet efficiently.

  • Know About the Horses and Jockeys: Buy the information program for professional insight.
  • Check the News: The newspapers will focus on live updates such as injuries or replacements.
  • Trust What You See: You can prepare all you like, but if a horse isn’t running as quickly as it usually does while you’re watching, it’s not too late to exchange your bet.
Author
Jarin Ahmed
Like many aspiring writers, Jarin focuses on bringing life to the text for her readers. She is an avid sports lover, growing up in a family obsessed with bookies. She is an expert in the iGaming niche and has secondary obsessions with Gardening and cooking.
Article rating
5/5
1 vote
FAQ. Frequently Asked Questions
  • It’s a wager placed on a horse to finish with either first, second, or third place.

  • When playing with as much money as these sites do, platform owners do everything to ensure the customers have a safe and fun time.

  • Provided the site you’re using has the appropriate license, yes, it’s legal.

  • About 35% of the time, but this will depend on the track and how many horses are racing.

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