Horse Racing Betting Sites

By Noel Davies on
Looking for the best online horse racing bookmakers? Your search ends here. We've lined up an awesome list of the best horse racing betting sites for you - all you need to do is compare, sign up and bet!
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1. 888 Sports CA
77%
100% up to $200

Reviewed & verified by our team

"With a range of free bet promotions, boosted odds, free to enter prediction games, and 1000s of pre-match and live betting markets, 888sport is the complete package."
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New Customer Offer $10 min deposit • The bonus will be applied once the full deposit amount has been wagered at least once with cumulative odds of 1.5 or greater • Wagering must be cleared within 60 days • Casino Bonus valid for selected games only • Bonus wins capped at $500, exc. JP wins • 30x wagering 18+. Full T&Cs apply. Please gamble responsibly.
2. Betway Sport CA
Enjoy 100% up to $100

Reviewed & verified by our team

"Offering many special hockey promotions, Betway Boosts and its renowned free bet club, Betway Sports is designed for Canadian bettors."
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New customers only. Opt-in required. Bonus based on 1st deposit of $10+. Card or Paypal deposits. 10x wagering at odds of 1.75+. 18+. Full T&Cs apply. Please gamble responsibly.
3. Mansionbet Sport CA
81%
50% up to $50

Reviewed & verified by our team

"At MansionBet, you can create your own wagers with the Make-A-Bet tool, enjoy the excitement of pulse betting and increase you payouts with the accumulator booster."
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New Customer Offer We’ll give you 50% extra up to $50 when you use code MBET50 on your first deposit. So if you deposit $100 – we’ll give you an extra $50 to play with! 18+. Full T&Cs apply. Please gamble responsibly.
4. Leo Vegas Sport CA
100% up to $300

Reviewed & verified by our team

"Pick up the user-friendly LeoVegas mobile sportsbook and place your wagers on hundreds of events from Canada and around the world. "
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New Customer Offer To be eligible to claim the New Player Sports Bonus players must deposit at least $10. The withdrawable bonus is not released until the wagering requirement has been met. Bets placed with real money funds deposited whilst a New Player Sport Welcome Bonus is open and being wagered towards will contribute to the wagering of that bonus. 18+. Full T&Cs apply. Please gamble responsibly.
5. Mr Green Sports CA
Enjoy $50 in Free Bets Sign Up
New Customer Offer STEP 1: A single deposit of $20+ will start you off. STEP 2: Wager your deposit on any Sport event of your choosing
Remember! Odds must be 1.80 or more to qualify. STEP 3: Your reward! Once settled prepare to see your account gifted with 2 x $20 FREE BETS 18+. Full T&Cs apply. Please gamble responsibly.

People have been racing and betting on horses for centuries now. Horse racing has grown to become one of the most popular sports, so it is no surprise to see it’s been granted such excellent coverage by many major bookmakers.

With so many online sportsbooks offering a great number of markets, picking the right bookmaker for you could come down to who has the best horse racing promotions, highest quality streaming platform or even the best welcome bonus. Our list of top horse racing betting sites includes well-known gambling brands and brand new betting sites– all with fantastic mobile betting coverage, so there’s something for everyone. Whatever you’re looking for, we’re sure you’ll have found a favourite after we introduce you to the basics of horse racing betting and the best online sportsbooks for horse racing betting.

Beginner’s Guide to Horse Racing Betting

What, Where and When?

There over 30 major horse racing events each year, with each event playing host to a number of races. These include the Canadian Triple Crown, the Kentucky Derby and Cheltenham Festival, to name just a few.

Who to Back?

Unfortunately, there’s no simple answer to this question within horse racing betting. While you could easily just side with the bookmaker’s favourite and hope for the best, the smart money is placed after doing your research. There are many factors that should play a part in your selection process. Form, ground type, pedigree and jockey, just to name a few. A quick look at recent form and stats could make all the difference.

Market Depth

Bettors new to the world of horse racing could be forgiven for thinking the only markets available are those which allow you to pick a winner. Online sportsbooks now offer a selection of other markets, including Each Way, Place Only and Forecast. Each Way and Place Only markets allow bettors to play safer bets, while the Forecast market offers bigger potential rewards for making more difficult predictions.

Your Questions Answered

What is an each way bet?

An each way bet consists of two parts: the ‘win’ and the ‘place’. An equal stake is placed on each part. So you’re essentially betting on your selection to win the event, or finish in a number of places, e.g 1st, 2nd, 3rd, 4th etc. The odds for the ‘place’ are given as a fraction of the odds for the ‘win’.
So if your pick wins the race, you’ll receive a payout for both parts of your bet. If your horse doesn’t win, but still places, you’ll lose the ‘win’ part of your bet, but you’ll receive a payout for the ‘place’.
It’s important to check how many places a sportsbook pays out on, as this can vary.

What is a forecast bet?

Probably the most challenging type of bet available in horse racing – forecast bets, as the name suggests, allow you to predict who will come first and second in a race. This is easier said than done, but can be rewarding if you get it right.

If my horse falls, do I get my money back?

If your selected horse falls, your bet(s) on would normally become void. However, in recent years, a few major bookmakers have offered “Faller Insurance”. If you back a horse to win, with Faller Insurance, you are offered lower odds but will get your stake back if the horse falls, unseats the jockey, or is brought down.

What is a starting price?

These are the odds on offer on a particular horse in the fixed-odds betting markets at the time a race begins. Odds can fluctuate for a number of different reasons in the build-up to a race, which doesn’t always work in your favour.

The people behind this page

Compare.bet's online gambling content experts helped write, edit and check the content on this page:

Noel is a writer for Compare.bet with over a decade of experience writing on topics including online casino and sports betting.