Canadians love to bet on horse races, and the industry generates billions of dollars for our country. To show you how it’s done we’ll give tips about where to find great sites that offer betting options like win-and-each-way tickets or even more than just giving advice would be inappropriate – so stick around!
How horse racing odds work
Horse racing and sports betting offer a wide variety of odds. Horseplayers will often use British fractional prices (2/1), American moneyline (+200) or decimal numbers such as 3 dollars per point during play whereas Canadians prefer to employ the more familiar weighted system that saw bettors place small amounts on each runner-up in order from the best builder through lower ranked choices all leading up till 10 seconds before curtain time expires determining winners by exact count.
Horse racing odds are often expressed as decimal numbers with stakes of 10. For example, if you bet C$10 on a horse to win then your potential overall winnings would be 30 cents (C20 profit plus whatever amount was staked).
Horse racing is a great way to place bets on your favourite horses. You can convert odds, find out profits for certain combinations and see what the implied probability of winning looks like with our horse calculator!
Popular types of horse racing bets
Horse racing betting is one of the most popular sports in America. It’s easy to see why; many gamblers like myself find that they can simply bet on a horse race and be happy with their decision, but there are other markets out here where you’ll get more Bang For Your Buck!
So, are you ready to find out what the best type of bet is in horse racing? We’ll take a look at all different kinds and why they work.
Horse racing betting tips
- Look out for free horse racing bets and other bonuses that sportsbooks offer before and during certain big events.
- It’s important to check a horse’s stats, such as its form, age, weight and trainer/owner. Horse racing betting sites should provide this info.
- Each-way betting is the safest option, as you’ll profit if your horse finishes in the top places of a race set by the bookmaker.
- Don’t always back the favourite. These odds are usually very short, and often an outsider (sometimes big) can win.
- Remember not to bet anything you can’t afford to lose. If you do win, it is best to withdraw your initial stake amount before betting again.
Offering bonuses to customers is a great way for sports betting sites not only to attract new players but also to keep them around. One of the most popular methods used in this industry, bonus incentives largely fall into three categories: The first type consists of signing up and making your first deposit; you’ll receive 200% extra toward anything less than $100 on any single game or bet slip at odds higher than +3 – which means if there’s an action available within that price range then it applies (eager awaiting)! The second option requires no initial funding with Free Play Fridays meaning anyone can play all they want without spending anything out-of-pocket.
Horse racing betting on mobile
Just when you thought it was safe to go back into the water, Sportsbooks come up with a new innovation. This time they’re offering mobile apps for smartphones and tablets so Canadian bettors can place their horse wagers online using these technological advancements!
The convenience of carrying around your phone with you wherever is the perfect time to start playing online horse racing games. Downloaded betting apps have made it easier than ever for people who want an edge in their race gambling, and there are no limits when you’re using one!
How we review horse racing betting sites
We all know horse racing is big business, but did you also realize it’s one of the most lucrative sports out there? If not then here’s your chance to get in on this action. We’ve compiled a list of some top-rated sites that offer betting opportunities through online bookmakers and we’ll walk through what they have available so far as well as share our thoughts about each site individually!