Betting on horse racing in Alberta is quite a popular activity among locals and gamblers across the country. As a result, this sector contributes billions of dollars to the Canadian economy every year.
This guide covers the key aspects of online horse betting, how to bet on the outcome of a horse race, what types of odds and bets exist, and where wagers are accepted. We cover all this and much more in our guide for those who watch the races with thrill and are ready to join the community of bettors.
Horse betting online is possible thanks to a number of bookmakers. They accept bets on horse races and other sporting events. In our guide, you will also find tips for choosing the best betting sites. But we will start with step-by-step instructions on online horse betting.
As for live horse racing odds, there are three basic types:
The most common type in Canada is decimal. So let us see how it works with an example. Imagine that you bet $20 at odds of 3.00 on the horse that finished first in the race. So, your total win is $60 (20 x 3.00).
Many do not bother and simply bet on the victory of a certain horse or on the number under which it will complete the race. However, we want to tell you about other betting combinations to make your experience even better.
Conventionally, all bets can be divided into direct and exotic ones.
Wager Name | Description |
Win | Here the winner is the one who bet on the horse that will win the race.
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Place | In this case, you are betting on whether the horse will finish first or second.
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Across the board | This bet involves combining all of the above wagers.
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Show Bet | This option assumes that your horse will finish the race first, second, or third. If the selected horse wins, the bettor wins all three bets. If the horse comes second – two wagers. If third – one wager.
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Each-way | Here you bet half the amount on your horse winning and the other half on the place in the final ranking previously set by the bookmaker. |
Wager Name | Description |
Exactor | Also known as exacta (in the US) and forecast (in the UK), this bet involves picking two horses to win the race. The bettor also indicates in what order the horses will finish.
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Triactor | Here the wager is placed on three horses, and it is indicated which of them will finish first, second and third.
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Quinella | This is similar to the exactor bet, but the order does not matter.
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Double | A bet on the victory of two horses taking part in two different races.
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Triple | Similar to the previous wager. Only you bet on three horses in three different races.
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Multi | A bet on the victory of several horses in different races. You only get your winnings if every horse wins every race.
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With these tips, you can significantly increase your chances of winning.
Pay attention to the bonus offers of online bookmakers.
One of the recommended wagers for beginners is the bet on all outcomes.
Keep in mind that not always the favourites of past races come first next time.
Never place a bet that you cannot afford to lose. Set a budget limit.
On sites that offer betting on horse racing in Alberta, the player can choose from a range of events held in the province at national and international levels.
Due to the growing competition in the market, each online horse betting site offers its own unique bonuses and customer reward system. The main categories of bonus offers include:
Modern online bookmakers keep track of the latest innovations and trends. For this reason, many sites offer the ability to place bets from any mobile device, including tablets and smartphones. In addition, thanks to the optimization for the most popular operating systems, every Canadian can place stakes through a mobile browser or by downloading a special application.
Given the popularity of online horse betting in Canada today, the choice of sites where it can be done is huge. However, it is important to find not just an online resource with a beautiful design but a reliable platform. A legal and noteworthy betting site meets the following criteria:
Canadians not only love to watch various competitions live but also often place bets on these events. For this reason, today, sports betting is becoming more and more popular. Bookmakers accept stakes in almost all sports, including hockey, basketball, football and many others.
Horse riding is quite a popular activity in Canada. In addition to various competitions throughout the country, including Alberta, horse owners, breeders and just fans of this sport gather annually at the Alberta Horse Breeders and Owners Conference, Canada.
This event features industry-renowned invited speakers and discusses important topics of interest to every horse-riding enthusiast. So, one of the conferences was dedicated to the Fred Pearce memorial lecture. At this event, the question of “Stereotypic behavior in horses – why does my horse do that?” was discussed.