Horse Racing Betting Odds in Canada

🤑 Horse racing Free Bet	$10
🏇 Bet on Horse Racing Events	Kentucky Derby, Epsom Derby, Royal Ascot, Champion Hurdle, Prix de l’Arc de Triomphe, 1000 Guineas, 2000 Guineas, etc
🖋️ Horse Racing Betting Markets	Outright Winner, Place Bet, Trifecta, Accumulator
💳 Betiton Canada Deposit Methods	VISA, Mastercard, Interac, Payz, AstroPay, Paysafecard, MuchBetter, Bank Transfer

Horse racing is a popular sport in Canada, both in terms of spectatorship and betting activity. Although it may not be as popular as NFL or NHL betting, horse racing is rapidly rising in popularity as a betting sports in Canada, with thousands of bettors engaging in horse racing online betting.

If you’re interested in learning more about online horse betting in Canada, how to read and understand betting odds, and more, you can find it all in this horse racing betting guide. We’ll also explain the most popular horse races bets like straight bets, exotic bets, and much more. Finally, you’ll get our expert tips for betting on horses in Canada.

How Does Horse Betting Work? 

Horse race betting explained simply means placing a bet on the outcome of a horse at horse racing betting sites in Canada.

There are a few different bets and markets in horse race betting, but most bettors, especially novices, tend to wager on the horse they think will finish in first place.

Like any sports betting, online horse race betting involves placing a wager according to your prediction for the race. If your bet matches the result of the race, you’ll receive a payout according to the amount you wagered and the odds of the bet. If your bet is incorrect, the amount wagered is lost.

Online Horse Betting Odds

To try online horse racing betting in Canada, you’ll need to visit an online bookmaker which provides horse racing betting odds. These odds indicate the likelihood of each horse winning the race and other possible outcomes in horse racing.

Horse racing betting odds at Betiton Canada can be viewed in the American/moneyline (the default setting), decimal, or fractional format.

The correct way to read virtual horse racing betting lines in this format is simple: if a horse has a negative sign, it indicates that you must wager to win $100. A number with a positive sign indicates how much you can win for a $100 wager.

If you prefer to view odds in a different format, you can select it from the menu at the top right corner.

Types of Horse Racing Bets

In contrast to other sports betting markets, virtual horse racing betting markets are relatively limited due to the format of the sport. The most common bet type is to wager on the winning horse in a race, although there are a few other alternatives you can consider. Below are some of the most popular horse race betting Canada markets offered at Betiton:

• Outright winner: The win bet is one of the basic bets you can place on horse racing because it simply requires you to predict which horse will win the race.
• Horse to Place: Betting on a horse to place involves betting that your horse finishes in first or second place in the race.
• Trifecta: This bet type involves selecting the horses that will finish in first, second, and third places in that exact order.
• Show bet: Betting on one horse to finish in first, second, or third place in a race.
• Accumulator bets: This involves combining multiple selections from multiple races into a single bet to obtain improved odds (although not all selections can be combined).

Betting on Horse Racing Biggest Competitions

🏇 Horse Racing Event	🏟️ Place	📅 Dates
✔️ Kentucky Derby	Churchill Downs, US	TBA
✔️ Epsom Derby	Epsom Downs Racecourse, UK	6th – 7th June 2025
✔️ Royal Ascot	Royal Ascot Racecourse, UK	18th June 2024 – 22nd June 2024
✔️ Champion Hurdle	Cheltenham Racecourse, UK	11th March 2025
✔️ Epsom Oaks	Epsom Downs Racecourse, UK	6th June 2025
✔️ 1000 Guineas	Rowley Mile, UK	1st March 2025
✔️ 2000 Guineas	Rowley Mile, UK	4th May 2025
✔️ Glorious Goodwood	Goodwood Racecourse	30th July – 3rd August 2025
✔️ Prix de l’Arc de Triomphe	Hipódromo de París-Longchamp	5th – 6th October 2025
✔️ Irish Derby	Curragh Racecourse	28th – 30th June 2024

Horse Race Betting on the Kentucky Derby 

The Kentucky Derby is a Grade I stakes race held annually in the United States. It is always held on the first Saturday in May at Churchill Downs in Kentucky. It’s open to three-year-old thoroughbreds, and it’s the first leg of the prestigious Triple Crown. The race is two kilometres long and lasts approximately two minutes.

Epsom Derby Horse Racing Betting Online

The Epsom Derby, also known as the Derby Stakes, is a flat horse race in the Group 1 category. It’s open to three-year-old colts and fillies and takes place every year at the Epsom Downs racecourse in England. The race is always scheduled on the first Saturday in June, and it’s considered the most important race of the five Classics.

Royal Ascot Online Betting on Horse Racing

The Royal Ascot is a well-known, prestigious racecourse in the United Kingdom. A series of races are held here, attended by the King and the Queen. It’s the most popular race meeting in the country, seeing over 300,000 visitors every year in June.

Horse Race Betting Champion Hurdle Odds

The Champion Hurdle is another important race in England. It’s held annually on the opening day of the Cheltenham Festival in March. It is a Grade I National Hunt hurdle race open to horses four years of age or older. The race always takes place at the Cheltenham Racecourse, which has eight hurdles and a turf surface.

Epsom Oaks Betting on Horse Racing Online 

The Epsom Oaks is a Group 1 flat horse race and one of the five Classics. It’s open to fillies of three years of age and is held at the Epsom Downs racecourse in England every year. Established in 1779, it’s the second-oldest race in the five classic races, preceded only by the St Leger.

1000 Guineas Betting on a Horse Race

The 1000 Guineas horse race is also a Group 1 flat horse race in England, held annually at the Rowley Mile racecourse in England. It’s open to three-year-old fillies and typically takes place between April and May, after the 2000 Guineas Stakes races. This race is also one of the UK’s classic races and one of the only two open only to fillies.

2000 Guineas Betting Odds on Horse Racing 

The 2000 Guineas is an annual race in the same category as the previous race, but it’s open to thoroughbred colts and fillies. The race is held on the same course as the 1000 Guineas and typically takes place in early May. It’s also one of the classics and the opening leg of the Triple Crown series of races.

Glorious Goodwood Live Horse Racing Betting

The Qatar Goodwood Festival, popularly known as Glorious Goodwood, is an important five-day festival in the British flat racing season. It takes place on the Goodwood racecourse in Sussex. The schedule includes the Goodwood Cup, the Qatar Sussex Stakes Day, the Qatar Nassau Stakes & Ladies’ Day, the King George’s Day & Magnolia Cup, and the Stewards’ Cup Day on the last day.

Prix de l’Arc de Triomphe Horse Racing Bets

The Prix de l’Arc de Triomphe is a French Group 1 flat horse race open to thoroughbreds three years or older. It’s held at the Longchamp racecourse in Paris on the first Sunday of October every year. It was inaugurated in 1920 and is considered the most prestigious horse race in its category.

Irish Derby Horse Race Betting Online

The Irish Derby is an Irish Group 1 flat horse race for three-year-old colts and fillies. It’s always scheduled to take place between June and July at the Curragh racecourse in County Kildare, usually four weeks after the Derby Stakes. It was first inaugurated in 1866 and is a major betting event for Irish horse racing fans.

How to Bet on Horse Racing with Betiton Canada?

If you’re ready to try betting on horse racing at Betiton Canada, you can follow the steps listed below to place your first bet:

1. Create your Betiton Canada account (unless you’re already a member).
2. Find the horse racing category in the sports list on the left-hand side of the page.
3. Choose the race you want to bet on.
4. Add your bet to the betslip by clicking on your chosen selection.
5. Enter your stake and review your betslip before clicking Place Bets to submit your betslip.

Horse Racing Live Betting Odds at Betiton Canada

Live betting on horse racing is a more interactive type of betting that involves placing a wager during a horse race. You can engage in live horse racing betting throughout the race, but the markets are only available briefly. This means bets must be placed quickly because races are only a few minutes long, but keeping an eye on the latest odds is important.

Live horse racing betting in Canada is an exciting way for many players to watch the races because it allows them to use their observations to place better bets. However, remember that these odds shift quickly,and the returns from in-play betting are typically smaller.

Betiton Canada Horse Racing Betting Offers

If you’re looking for the best horse racing betting offers to make the most of your bets, check out the promotions page at Betiton Canada. One of the betting offers you’ll be eligible for if you’re a new player is the Sports Welcome Offer, giving you a $10 free bet when depositing and wagering a minimum of $15 on any sport. The offer is subject to terms and conditions, which can be found on the promotions page.

If you’re not a new member, you can still get a chance to grab rewards and bonus offers in our exclusive Loyalty Programme. As always, terms and conditions apply.

Betiton Canada Horse Racing Betting Tips

Next in our betting guide, we’ll share our expert betting tips for horse racing. Betting on the races can be exciting for fans of the sport, but it can also be challenging because it’s a very unpredictable sport.

With that said, we suggest you consider the following tips to build a solid horse racing betting strategy.

1. Choose the right betting site: To get the best odds and user experience, bet at a licensed and reliable sportsbook like Betiton Canada.
2. Do your own research: Look at each horse’s past performance and analyse how they’ve performed in different conditions and race distances.
3. Factor in influencing factors: The horse’s form, the track conditions, and the weather forecast on race day can all impact how horses perform.
4. Manage your bankroll: Set a budget by deciding how much you can afford to get on horse racing and start with smaller bets rather than risking it all on one bet.
5. Bet responsibly: Never chase your losses; stick to your strategy and budget regardless of the results.
6. Understand the race format and rules: Familiarise yourself with the basic horse racing betting terms to understand what you’re betting on.
7. Use the live streaming feature: If you’re betting live, you can live stream the race on our platform to facilitate your betting decisions.

Best Online Horse Racing Betting System

If you’re looking for the best horse racing betting system, you’ll first need to understand how betting on the races works. This means keeping in mind that no betting system can guarantee a consistent profit or any profit at all in some cases. There are always risks associated with horse race betting in Canada, so it’s about finding a betting system that fits your budget and betting style.

One of the most popular horse racing betting systems is to bet on the favourite horse consistently. While it doesn’t guarantee you’ll be able to secure a profit, it’s one of the safest ways to bet on the races. However, the flaw with this system is that predicting the winning horse is particularly tricky. It’s common for a dark horse to steal the show and beat the odds.

Another betting system popular for horse racing is to stick to place bets that give you more leeway with your predictions. This involves picking a horse to finish in first or second place, which is relatively less risky than trying to predict the winner. It’s better to aim for smaller returns and higher odds of winning rather than trying your luck on risky bets with bigger profits.

Top 10 Best Racehorses in 2024

🏆 Ranking	🐎 Racehorse	📌 Win %
1️⃣	Mystik Dan	33%
2️⃣	National Treasure	100%
3️⃣	Sierra Leone	50%
4️⃣	Seize the Grey	50%
5️⃣	Thorpedo Anna	100%
6️⃣	Dornoch	50%
7️⃣	Catching Freedom	40%
8️⃣	Muth	100%
9️⃣	Adare Manor	67%
🔟	First Mission	67%

Rules of Horse Racing Betting Explained

If you’re interested in trying horse racing betting, knowing the rules of the sport inside out is crucial. Below, we’ve summarised the most important horse racing betting rules:

• Horses must start the race from the starting gate or stall. False starts can lead to the horse and jockey being disqualified.
• Horses are categorised by their age to ensure fairness in a competition. For example, the Epsom Derby is only open to colts between three and four years old.
• Each horse is given a number in the race to facilitate betting on them. The number is usually the same as its post position.
• If multiple horses are owned by the same jockey in a race and you want to bet on one of them, you’ll automatically be betting on all of them for fairness.
• The post time refers to the time horses arrive at their post before the race begins. The horses are released from their gates at the same time.
• The distance in horse racing varies according to the competition and the track used.
• Riders must follow specific rules according to the race and are not allowed to veer from the prescribed course.
• To win a horse race, the jockey must complete the course and cross the finish line, including jumping over any hurdles or fences on the track.

What Is Virtual Horse Racing Betting?

Virtual horse racing refers to a computer-simulated type of horse racing that uses a random number generator to generate the results of the race. In other words, it’s not a race between real horses and jockeys but an entirely random virtual version.

While real horse racing can be predicted to an extent by researching and looking at expert predictions, virtual horse racing is 100% random and unpredictable. This means that although virtual horse racing betting odds indicate a favourite and an underdog, the results are, in fact, random.

One of the advantages of virtual horse racing is that you can find virtual races happening 24/7, so there’s always something to bet on. Additionally, you don’t need a betting system or strategy since it’s all random.

Other Sports Categories Available at Betiton Canada

If you’re interested in wagering on horses at Betiton Canada, you can find similar categories like greyhound racing betting, which is also available on our platform. You can also find a long list of other sports and betting categories to browse, including more popular sports like basketball, ice hockey, soccer, baseball, and golf.

Other sports you can bet on at Betiton include a range of winter sports, all the major esports tournaments, motorsports, cycling, darts, chess, snooker, and more. In total, our sportsbook boasts more than 40 categories to choose from.

Responsible Horse Gambling

At Betiton Canada, we take responsible gambling very seriously and provide all the resources, information, and tools to ensure you can enjoy betting on horse racing safely. When betting on any sports on our platform, it’s important to remember the principles of responsible gambling. This means setting limits on the time and money you’re allowed to spend on betting, activating reality checks, and using the cool-off or self-exclusion options if needed.

Always gamble within your means and stick to your budget no matter what. You should never chase your losses or consider sports betting as a way to make money. Ultimately, remember that sports betting, like horse racing betting, should be fun and entertaining.

Frequently Asked Questions about Horse Race Betting Terms