Horse racing, also known as the Sport of Kings, is one of the most widely attended sports both in Canada and around the globe. It’s also one of the most popular sports to bet on, which is pretty remarkable, given that it has a lower number of audiences than soccer or any of the major sports in the US.
People have been indulging in horse racing betting long before the introduction of online gambling sites. The inception of iGaming came as the icing on the cake for horse racing bettors, as it has enabled them to wager on their favourite fixtures from the comfort of their homes.
Arguably the biggest reason why horse race betting online is so cherished among punters is the sheer diversity of types of bets that can be placed on every horse racing event. In most other sports, you’ll be offered a simple moneyline bet, point spread, totals, and a few exotic wagers. However, in horse racing, the number of bets available for every meeting is astonishing.
Many bettors tackle horse racing due to the thrilling nature of the sport. In mere seconds, you get to know whether you scored a payoff or not, and this kind of fast-paced action makes it ideal for gamblers who can’t stand waiting.
Before you hop in to join the club, it’s vital to understand the types of bets available in horse racing, what the best online horse racing betting sites are, and what kind of bonuses you can take advantage of with these sportsbooks. Don’t worry, though — you’re going to get to grips with all this stuff once you’ve read this informative guide.
Top-Rated Horse Racing Sportsbook in Canada 2021
If you’re a rookie punter, putting your trust in one particular sportsbook may not be smooth sailing, with so many operators claiming to be the best options for Canadians. The kind of research needed to track down the best online horse racing betting sites can be pretty exhausting and time-consuming. With all this in mind, we dare to ask — why would you bother going through all that hassle when you can find the best horse racing sportsbooks for Canadians right here, on this page?
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How do We Rate Horse Racing Betting Sites
By now, you’re probably wondering why you should trust our picks over someone else’s, and that is a completely legitimate question. But, unlike most self-proclaimed review sites, we won’t waste your time on small talk of how we’ve been in the betting industry forever and how we know all the ins and outs of it. Instead, we’re going to show you what goes into hand-picking our horse racing betting sites so that you can see just how dedicated and committed we are to bringing you the top-quality horse racing betting apps.
Here’s a quick look at the most important factors we consider when trying to identify the best online horse racing betting sites.
Competitiveness of Odds
When you’re betting on horse racing, you’ll want to get the best odds on the market to get the biggest value for your wager. Therefore, we’ve sifted through hundreds of different betting sites and extracted those that give you the biggest bang for your buck.
Every horse racing betting firm tries to gain a competitive edge by offering the juiciest bonuses and promotions for its patrons. But not all sportsbooks are equally generous in this regard. A lot of these gifts are not as financially worthwhile as they may seem initially.
Our team’s goal is to filter through all the offers that are released on the market and find the ones that excel in both quality and quantity — promos that will give you a massive bankroll boost and carry player-friendly terms and conditions.
Best online horse racing betting sites provide all kinds of betting markets, from win and each-way to forecast and tricast and distance specials. We look for betting agencies that have hundreds of pre-match and in-play markets readily available. Also, all top-tier horse racing events must be thoroughly covered with all the significant betting markets. When you have horse racing multiple bets at your disposal, you’re bound to find the one that matches your needs.
Many punters underemphasize the importance of the sportsbook’s usability and functionality. Smooth navigation, responsive website, and easy access to markets are just some of the particulars we take into account when assessing horse racing betting sites. We want you guys to have a prime-time betting experience, and that’s only possible if the sportsbook shines bright in these areas.
The Betting Platform Must Be Mobile-Compatible
Mobile betting has become increasingly popular in recent years and sportsbooks have had to adjust their betting platforms by making them compatible with popular iOS and Android devices. Our recommended books offer a mobile-friendly version of their websites or a mobile app for customers to utilize. Since they are available free of charge on all popular mobile devices, there is now no excuse to miss out on potentially lucrative bets.
Live Betting and Streaming Services
Nowadays, there are a lot of betting sites with live horse racing where customers can place bets at any point throughout the race. Therefore, it doesn’t matter if you are running late for the race, as you can still be in the match in several different ways. Our featured horse racing betting sites offer thousands of live markets, and the odds on these games often exceed those offered pre-match.
Many operators now offer customers a chance to watch live horse racing action in Ultra HD. Mainly focused on tennis, football, and horse racing, the ability to simultaneously view and bet on matches is becoming increasingly attractive.
Betting Sites Should Be 100% Safe and Secure
Given the banking details and personal information provided by customers, the security surrounding horse racing betting is now more critical than ever. To protect their users’ security and integrity, top bookmakers use a variety of different technologies, as they want to keep such information from prying eyes.
Customers can rest assured, though — it is safe to bet on all the websites from our list, as all personal data will remain confidential. Firewalls, SSL encryption, and gambling licences are all signs of a bookie being efficient in this area, which is why we make sure to look for them.
Customer Service and Support
To assist punters with any issues and queries they might have, all horse racing betting sites from our list have some form of customer support. While the response times and the number of contact channels will vary from bookie to bookie, this is a significant area to pay attention to when looking for the best horse racing betting destination.
The terminology around horse racing may be confusing, especially for inexperienced bettors, which is why it’s always good to have someone that you can reach out to for clarification. It’s critical to select a bookmaker that can quickly help you when problems arise, be it by an email, a telephone line, or the increasingly popular live-chat option.
Most Popular Types of Horse Racing Bets
For every horse racing event, you can find hundreds of different types of bets. Below, we’ve provided a brief overview of the most popular ones.
- Win Bet: Pick one horse to win the race, and if it does, you get paid — as simple as that.
- Place Bet: With place bets, the horse you’ve chosen needs to win the race outright or finish as the runner-up. Since they’re easier to predict, the payoffs for place bets are lower than those of win bets.
- Show Bet: If you place a show bet on a particular horse, it needs to finish the race in one of the top three positions for you to score a payout.
- Exacta Bet: On an exacta bet, you need to predict the winner and the runner-up horses of a given race in the exact order. This type of bet offers fantastic payout potential.
- Trifecta Bet: Of all the markets, a trifecta is the trickiest to get right. This wager is centred around predicting the top three finishers in a race in a specific order.
- Daily Double: You’re required to forecast the winners of two consecutive races. Quite a challenging feat, but the potential reward is outstanding.
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