Best Horse Racing Betting Sites in Canada

Compare the best horse racing betting sites in Canada below and read our horse racing betting guide.

Best Canadian Horse Racing Sportsbooks (2023)

Online Horse Racing Betting in Canada

Horse racing is a popular sport in Canada, with licenced racecourses across the country. But, if you want to gamble on horse racing without having to go to a racecourse, you will need to go online.

Players from Canada can legally access some of the world's best online horse racing betting sites while depositing and betting using Canadian Dollars.

#1 Best Horse Racing Betting Site in Canada - bet365

bet365 is one of the best sports betting sites in the world, and with its UK roots, horse racing's popularity has seen bet365 build a comprehensive racing product. You will find a wide range of horse racing events across the world each day, and bet to watch live streams on select events.

Also, bet365 offers Antepost (bet before racing course betting market has opened) on 100's of popular horse racing events around the world including Cheltenham, The Grand National and many more.

Highlights:

  1. 200+ Daily races + virtual horse races every 3 minutes
  2. Live horse racing streams (bet to watch)
  3. Syndicate betting on Toteplacepot, totequadpot, and totejackpot
  4. Race alerts (notifications for race off and results)
  5. Enhanced odds
  6. Best odds guaranteed

Best Odds Guaranteed - Place a bet on any horse race and if your selection wins and the SP (starting price) is greater you will get paid out at higher odds.

bet365 offers horse racing events from these countries:

  1. UK and Ireland
  2. Canada
  3. USA
  4. Australia and New Zealand
  5. India
  6. Japan
  7. South Africa
  8. Saudi Arabia
  9. France

#2 Best Horse Racing Betting Site in Canada - Unibet

Unibet is another fantastic sports betting site with a top-tier horse racing betting product. Unibet offers horse racing, greyhounds and Harness horse racing in the "Racing" section of the Unibet sportsbook.

You will find 200+ races each day from racecourses all around the world and live streaming on select races from UK & Ireland, Australia, South Africa, Dubai, USA, Chile and more.

Highlights:

  1. 200+ daily races + virtual races every 2 minutes
  2. Live horse racing streams from races around the world
  3. Best odds Guaranteed
  4. Racing specials
  5. Race overviews

Unibet offers racing from these countries:

  1. UK and Ireland
  2. Canada
  3. USA
  4. Australia & New Zealand
  5. South Africa
  6. Norway
  7. Dubai (UAE)
  8. Chile
  9. Argentina
  10. France
  11. Japan
  12. Singapore

#3 Best Horse Racing Betting Site in Canada - William Hill

The top three bookies are hard to split, and players would get a top horse racing betting experience from either. William Hill is an old, trusted, legal bookmaker with a rich history in horse racing.

It is clear that horse racing is a focus on William Hill, with 100's of daily races, price boosts, live streams, free race commentary, podcasts and so much more. Also, William Hill is one of the only betting sites to offer free live horse racing streams, 7 days a week, using Betting TV.

Highlights:

  • 200+ daily races and virtuals
  • Free Live streams and live race commentary
  • Best odds guaranteed
  • Price boosts
  • Wide range of Antepost markets
  • Tote betting

William Hill offers racing from:

  1. UK and Ireland
  2. Canada
  3. USA
  4. Australia & New Zealand
  5. South Africa
  6. Dubai (UAE)
  7. France
  8. Japan
  9. South America

#4 Best Horse Racing Betting Site in Canada - Betway

Betway offers a lot less horse racing events than the top two, You can also get access to live horse racing streams, but only for the UK and Irish horse racing. We recommend Betway as a solid horse racing choice, but they are much better for cricket betting.

Highlights:

  1. Horse racing from India
  2. Live horse racing streams
  3. Free bet club
  4. Antepost horse racing markets
  5. #betyourway custom markets

If you are looking for horse racing betting tips, be sure to check out the Betway Insider blog for the latest racing news, specials and horse racing betting tips.

Betway offers horse racing from these countries:

  1. UK and Ireland
  2. India
  3. United Arab Emirates (UAE)
  4. France
  5. South Africa
  6. Australia

Guide to Betting on Horse Racing in Canada

Horse racing is a popular sport in Canada, both to watch and to bet on.

Fans of horse racing in Canada can bet on races taking place in the country and also elsewhere. Here is our guide to betting on horse racing in Canada - read on for everything you need to know.

Introduction to Horse Racing

While betting laws in Canada can be a little bit confusing, Canadians can legally bet on domestic and international races using a variety of betting sites.

Betting on horse racing online works in much the same way as other sports in Canada, while there are licenced racecourses across the country as well.

Assuming you are already signed up to one of the best betting sites in Canada, they should have markets available for various horse races.

After studying the form guide to decide which horse you think will win - which is why betting on the sport is a skill - you merely need to select it on your chosen betting site.

Then set your stake, with larger stakes offering the potential for more profits. In horse racing, there is usually also the chance to bet each way on the outcome of a race.

This means half your stake goes towards betting on the horse to win. The other half of the stake goes on the each-way market. In each way bets, you need the horse to finish in the places.

Each race has different rules for places, depending on how many horses are running, but an example might be that you get 1/4 the odds to win for a place in the top four.

Horse Racing Markets in Canada

As well as each-way betting on horse racing, there are some other options worth noting here.

One is the accumulator, which is popular in a lot of sports. You can pick horses from different races and put them into the same bet, which often results in very large odds.

Ante-post horse racing betting can be popular too. This involves betting on the outcome of a race well ahead of time. It is only usually the top horse races, such as the Gold Cup, or the Grand National, where ante-post horse racing betting is widely available.

The downside of the ante-post betting on horse racing is it is risky. If the horse you back does not run, your money might be lost. But some betting sites in Canada that offer ante-post betting have a Non-Runner Money Back option to take advantage of as well.

If you fancy your chances of being able to pick which horses will finish second or third, as well as first, then the forecast and tricast markets might be the right ones for you to look at.

The forecast means you predict the top two horses in the race, with the tricast for the top three. Some bets mean you have to get them in the right order, while others are just in any order.

Horse racing has probably more types of bets than any other sport that is popular for online betting in Canada. As an example, many players like to place a wager known as the Lucky 15.

The Lucky 15 covers 15 different bets, so your stake is multiplied by 15, though you can increase this by even more by using the each-way option. For the Lucky 15, you might only need a couple of the horses you back as part of the bet to win their races to make a profit.

Top Horse Racing Events to Bet On

Here are some of the major international horse races that you can bet on in Canada:

  • Cheltenham Gold Cup
  • Dubai World Cup 
  • Japan Cup 
  • Epsom Derby 
  • The Everest 
  • Grand National 
  • Melbourne Cup 
  • Kentucky Derby 
  • Saudi Cup 
  • Prix de l'Arc de Triomphe

Horse Racing Promotions in Canada

Horse racing fans may also be able to make the most of various betting site promotions.

Welcome bonuses often include free bets that can be used on your chosen sport, like horse racing. Keep in mind that the winnings from free bets may have wagering requirements.

Ante-post racing markets may have price boosts or enhanced odds. This can make them particularly valuable but keep in mind the risks that are involved with this type of bet.

The top horse racing promotions come around when major meetings such as the Cheltenham Festival are taking place. Top races like the Grand National also see promotions such as extra places for each way bets offered regularly.

Horse racing betting in Canada seems set to continue growing in popularity, so make sure you check out the best betting sites in Canada right here.