Horse Racing Betting Guide

Master the art of horse racing betting with our comprehensive Canadian guide

Live Races - Next 2 Hours

Woodbine Racetrack 12:45

Race 3: Maiden Special Weight

Distance: 6 Furlongs

Purse: $75,000 CAD

#3
Thunder Bay
3/1
#7
Maple Storm
5/2
#2
Northern Star
4/1
Hastings Racecourse 13:15

Race 4: Allowance Optional Claiming

Distance: 1 Mile

Purse: $50,000 CAD

#1
Pacific Pride
2/1
#5
Coast Runner
7/2
#8
Vancouver Dream
6/1
Century Downs 13:45

Race 2: Claiming

Distance: 5.5 Furlongs

Purse: $35,000 CAD

#4
Calgary Express
3/1
#6
Alberta Gold
9/2
#9
Prairie Wind
5/1

Types of Horse Racing Bets

Win

Bet on a horse to finish first. This is the simplest and most straightforward bet in horse racing.

Example: $10 bet on 3/1 odds = $40 total return ($30 profit + $10 stake)

Place

Bet on a horse to finish first or second. Lower odds but higher chance of winning.

Example: $10 bet typically pays 1/2 to 1/3 of win odds

Show

Bet on a horse to finish first, second, or third. Safest bet with lowest payouts.

Example: $10 bet typically pays 1/3 to 1/4 of win odds

Exacta

Pick the first and second place finishers in exact order. Higher risk, higher reward.

Example: $2 exacta box (2 horses) = $4 total bet

Trifecta

Pick the first, second, and third place finishers in exact order.

Example: $1 trifecta can pay hundreds or thousands of dollars

Superfecta

Pick the first four finishers in exact order. The most challenging but potentially most rewarding bet.

Example: $0.10 superfecta can pay thousands of dollars

Expert Betting Tips

1

Study the Form

Analyze past performances, track conditions, and jockey statistics before placing any bets.

2

Set a Budget

Never bet more than you can afford to lose. Set daily and monthly limits and stick to them.

3

Track Conditions Matter

Some horses perform better on fast tracks, others on muddy surfaces. Check weather conditions.

4

Watch for Value

Look for horses with good chances but higher odds. Sometimes the favorite isn't the best bet.

5

Know the Jockeys

Experienced jockeys can make a significant difference, especially in close races.

6

Start Small

Begin with simple win, place, show bets before moving to more complex exotic wagers.

Betting Odds Calculator

$40.00
Total Return: $40.00
Profit: $30.00
Stake: $10.00