Ontario Sportsbooks

Ontario Horse Betting Sites: Best Ontario Online Horse Betting and Wagering Sites for 2024

Last Updated on June 12, 2024

Horse racing is one of the sports enjoyed by millions of people throughout Canada and beyond. In Ontario, the regulatory landscape is shifting, and several Ontario horse betting sites are now set to join the off-track betting market.

If you are new to the sport or are looking to bet on horse racing in Ontario, this guide is all you need. You'll learn more about the bet types, markets and any expert tips that could enhance your betting experience.

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Discover the top horse racing betting sites in Ontario for 2024

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NEO.bet
  • Good selection of betting markets
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0 – 3 Days
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Betway
  • Wide range of markets
  • Mobile betting options
  • Prompt customer support
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0 – 3 Days
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License:
Ontario (CA)
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Bet365
  • Multicolor game logos
  • Live in-game
  • Popular markets and futures
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Payment Methods:
Find out more about Bet365's payment methods on their website.
Withdrawal:
0 – 10 Days
Apps:
Android, Apple
License:
Ontario (CA)
Award:
EGR - Operator of the year (2017)
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4.
DraftKings
  • Competitive odds
  • Variety of sports markets available
  • Live betting options
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Payment Methods:
PayPal, VIP Preferred, Play+, Discover, Bank Transfer, etc.
Withdrawal:
0 – 5 Days
Apps:
Android, Apple
License:
Ontario (CA)
Award:
EGR - Operator of the year (2023)
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5.
Tonybet
  • Excellent range of betting markets
  • ESports and virtuals
  • Live betting available
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T&Cs apply, 19+
Payment Methods:
Skrill, Neteller, Giropay, Paysafecard, Bitcoin, etc.
Withdrawal:
1 – 3 Days
Apps:
Android, Apple
License:
Ontario (CA)
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6.
PowerPlay
  • Competitive odds for popular sports
  • Supports live betting
  • Exclusive betting markets
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T&Cs apply, 19+
Payment Methods:
Skrill, Neteller, Payz, Visa, Mastercard, etc.
Withdrawal:
0 Days
License:
Ontario (CA)
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7.
BetMGM
  • Live betting
  • Wide range of sports events
  • Parlays available
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Payment Methods:
PayPal, Bank Transfer, VIP Preferred, PayNearMe, Play+, etc.
Withdrawal:
0 – 3 Days
Apps:
Android, Apple
License:
Ontario (CA)
Award:
GGA - Digital Operator of the Year (2023)
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8.
PointsBet
  • Unique betting lines
  • Live streaming available
  • Regular boosters for big sporting events
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Payment Methods:
Visa, Mastercard, ACH, PayNearMe, PayPal, etc.
Withdrawal:
1 – 5 Days
Apps:
Android, Apple
License:
Ontario (CA)
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9.
BetRivers.com
  • Live streaming available
  • Variety of sports games
  • Competitive odds
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Payment Methods:
Bank Transfer, VIP Preferred, PayPal, Play+, PayNearMe, etc.
Withdrawal:
0 – 3 Days
Apps:
Android, Apple
License:
Ontario (CA)
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10.
888
  • Live Now section
  • Collapsible sports A-to-Z
  • Assorted betting markets
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Payment Methods:
Skrill, PayPal, Neteller, Entropay, Bank Transfer, etc.
Withdrawal:
1 – 7 Days
Apps:
Android, Apple
License:
Ontario (CA)
Award:
EGR - Operator of the year (2021)
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11.
PartyCasino
  • Bet on 25+ sports
  • Special betting tools
  • Good betting odds all round
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Payment Methods:
PayPal, Skrill, Neteller, Bank Transfer, Entropay, etc.
Withdrawal:
1 – 5 Days
Apps:
Android, Apple
License:
Ontario (CA)
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12.
LeoVegas
  • Good range of betting options
  • ESports betting available
  • Competitive odds
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19+ - Gambling can be addictive. Play responsibly. - Connexontario.ca 1-866-531-2600
Payment Methods:
Skrill, Paysafecard, PayPal, Neteller, Trustly, etc.
Withdrawal:
1 – 5 Days
Apps:
Android, Apple
License:
Ontario (CA)
Award:
Global Gaming Awards (2023)
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13.
Pinnacle
  • Exceptional odds and extensive market coverage
  • 24/7 live chat support
  • User friendly mobile site
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T&Cs apply, 19+
Payment Methods:
Webmoney, Instant Transfer, Neteller, Skrill, Bank Transfer, etc.
Withdrawal:
0 – 7 Days
Apps:
Android, Apple
License:
Ontario (CA)
Award:
SBC - Esports Operator of the Year (2018)
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14.
NorthStar Bets
  • Canada-first sportsbook platform.
  • In-play betting.
  • ESports also available.
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Payment Methods:
Interac, Mastercard, Visa
License:
Ontario (CA)
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15.
Betano
  • 30+ sports events
  • Live betting
  • Competitive odds
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T&Cs apply, 19+
Payment Methods:
Paysafecard, Skrill, Bank Transfer, PayPal, Astropay, etc.
Withdrawal:
0 – 5 Days
Apps:
Android, Apple
License:
Ontario (CA)
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16.
Caesars
  • Easy to use app
  • Wide range of sports markets
  • Live betting available
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Payment Methods:
PayPal, Bank Transfer, E-Check, VIP Preferred, PayNearMe, etc.
Withdrawal:
0 – 5 Days
Apps:
Android, Apple
License:
Ontario (CA)
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17.
FanDuel
  • Competitive odds
  • Regular odds boosts
  • Extensive sports betting options
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Payment Methods:
PayPal, Bank Transfer, Cheque, Prepaid Card, Applepay, etc.
Withdrawal:
1 – 10 Days
Apps:
Android, Apple
License:
Ontario (CA)
Award:
Global Gaming Awards (2022)
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18.
Rivalry
  • Best eSports games
  • Wide array of sports events and markets
  • Competitive odds on eSports
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Payment Methods:
Astropay, Bank Transfer, Pay4Fun, MuchBetter, Skrill, etc.
License:
Ontario (CA)
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19.
PROLINE
  • Lots of games from across the globe
  • Cash-out feature available
  • You can bet on multiple markets
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Payment Methods:
Visa, Mastercard
License:
Ontario (CA)
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20.
Betvictor
  • Great coverage of headline sports
  • More obscure sports included too
  • Competitive odds
Visit Provider
T&Cs apply, 19+
Payment Methods:
Skrill, Neteller, Instant Transfer, Giropay, Bank Transfer, etc.
Withdrawal:
1 – 7 Days
Apps:
Android, Apple
License:
Ontario (CA)
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21.
Conquestador
  • Supports in-play betting
  • Offers Compelling odds
  • Spans various sports
Visit Provider
T&Cs apply, 19+
Payment Methods:
Payz, MuchBetter, Interac, Instadebit, IDebit, etc.
Withdrawal:
0 – 5 Days
License:
Ontario (CA)
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22.
Bet99
  • User-friendly design
  • Top leagues list
  • In-play sports area
Best Alternative
NEO.bet Go to NEO.bet
Payment Methods:
Interac, Instadebit, Bank Transfer, Visa, Mastercard, etc.
License:
Ontario (CA)
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23.
Play Falls View
  • Wide range of sports and betting markets
  • Competitive odds
  • Live betting
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Payment Methods:
Visa, Mastercard, Interac, IDebit
Apps:
Apple
License:
Ontario (CA)
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24.
Pokerstars
  • Highly functional live betting platform
  • Abundance of betting markets
  • Sizeable range of international and lesser-known sports
Best Alternative
NEO.bet Go to NEO.bet
Payment Methods:
PayPal, Skrill, Neteller, Bank Transfer, Instant Transfer, etc.
Withdrawal:
1 – 5 Days
Apps:
Android, Apple
License:
Ontario (CA)
Award:
EGR - Poker operator (2023)
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Online horse betting in Ontario: A quick overview 

Before you can start betting on horse racing in Ontario, there are certain things you need to know about this sport. This is especially crucial if you are a complete beginner. Below is a quick overview of what you need to know before placing your first wager.

Types of bets

The horse racing market is quite diverse. Some of the most popular markets are straightforward bets, namely, win, place and show. There are also the more complex ones, often referred to as exotic bets. They include markets such as exacta, quinella, and trifecta. Each bet type is unique and adds some fun and character to your betting experience.

Ontarians are no strangers to some of the top horse racing events. One is the Canadian Triple Crown, which features races like the Queen's Plate, Prince of Wales Stakes, and Breeders' Stakes. Across the border is the Kentucky Derby, which steals the spotlight every first Saturday in May. The other notable event is the Breeders' Cup World Championship, a global horse racing extravaganza that attracts talent from Canada, Australia, and the UK. All these popular events are available for betting at the top Ontario horse betting sites.

Off-track betting

In Ontario, off-track betting (OTB) is your gateway to the world of fun and winning opportunities. The Ontario Racing Commission (ORC) oversees OTB operations, ensuring fair play and responsible gambling. Previously, OTB in Ontario was limited to a select few operators, but this is set to change. It's also worth noting that out of the over 70 licensed OTB facilities across the province, the majority are owned by the Woodbine Entertainment Group, the only operator that was initially licensed to offer horse wagering in Ontario.

Top online sportsbooks to check out

NEO.bet
4.6/5
NEO.bet Review
-
T&Cs apply, 19+
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Betway
4.6/5
Betway Review
-
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Bet365
4.5/5
Bet365 Review
-
+19 T&C's Apply, Please play responsibly - Gambling can be addictive
Visit Provider

How to choose the best Ontario horse betting sites 

With countless options out there, you want to thoroughly select the best OTB Ontario horse betting sites that suit your unique needs. Here's what to look out for during your selection process:

Check out the horse racing bet types

Some of the best Sportsbooks offer various betting markets, giving you the option to pick what works best for you. Besides the straightforward bets such as win, place and show, you should be on the lookout for markets such as distance betting, betting W/O favourite, match betting and more.

Compare the racing odds

To make an informed decision, you should compare the odds across different sites to ensure you're getting the best value for your bets. Horse racing odds are often priced as fractions.

An example is a bet with odds of 10-3, read as 10/3. With this example, you will win ten units for every three wagered. If the first number (numerator) is larger than the second number (denominator), you are set to win more in profit than the wager amount. This, however, also means you are betting on an underdog; hence, there's a significant risk-reward ratio.

In-play betting

A live betting feature allows you to adjust your bets as races unfold. A site with this option gives you the flexibility to lock in value odds in the shortest time possible.

Cash-out options

In horse betting, just like in any other sport, you may sometimes need an escape route. Look for sites with cash-out features, as this gives you the power to settle your bets early. However, this feature may not work for everyone or in every situation because you could sometimes take a 30% cut, forfeiting the rest just by cashing out.

The other factors to prioritize when choosing an online horse betting site in Ontario are efficient mobile streaming and reliable customer support. In our recent guide to online tennis betting in Ontario, we discussed how bettors are becoming fond of mobile streaming and why most sportsbooks are prioritizing this feature.

The top horse racing betting sites in Ontario

Having explored what to look for in a great sportsbook, here are two of the top horse betting sites in Ontario you can sign up with to get started.

Bet365 PointsBet
Betting Markets Extensive bet types Straightforward and exotic bets
Competitive Advantage Covers more events Excellent live betting experience
Payment Methods Card payments, Bank Wire, paysafecard, InstaDebit, iDebit, Apple Pay and more Visa, Mastercard, PayPal, PayNearMe, Trustly, bank transfers
Live Streaming Smooth on the app and site Best on the app
In-Play Betting Great in-game odds Fast and reliable betting

Bet365: Diverse betting options 

Pros and Cons

If you want to compare Bet365's strengths and weaknesses, here's where to start:

bet365 Pro Contra
Bet365: Pros & Cons
  • Extensive horse racing markets
  • Reliable live-streaming services
  • Consistently competitive odds
  • The site/app design is dull

If you are new to horse racing betting in Ontario, Bet365 is that sportsbook you may want to sign up with. Besides being a reputable and easy-to-navigate site, here are the other reasons you may want to consider this operator.

Wide range of betting markets

Bet365 stands out with its extensive selection of horse racing markets. Whether you prefer straightforward bets or you're up for more complex options like exacta and trifecta, they've got you covered.

Competitive odds

Bet365's commitment to providing favourable odds makes it an attractive choice for bettors seeking profitable opportunities.

Live betting and streaming

Bet365 excels when it comes to live betting. The site is fast, plus it has a mobile app that allows for smooth on-the-go betting. Moreover, they offer live-streaming, allowing you to watch the races live on their platform, so you can follow the action closely.

Bet365
4.5/5
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Bet365 Highlights
  • Multicolor game logos
  • Live in-game
  • Popular markets and futures
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PointsBet: Best for live betting

Pros and Cons

Before creating an account with PointsBet and placing your first bet, here are the Sportsbook's pros and cons you should know:

Pointsbet horse racing
PointsBet: Pros & Cons
  • Varied betting markets
  • The odds are very competitive
  • Superb live-streaming feature
  • Customer support can be slow

PointsBet is one of the new Ontario betting sites that are gaining popularity in the market, thanks to a combination of factors such as competitive horse racing odds and extensive betting markets. If you are wondering whether this sportsbook is right for you, here are the other features you'll find in this sportsbook.

User-friendly design 

The platform has been designed for the everyday bettor who values speed and convenience. PointsBet also has an iOS and Android app that's lightweight and user-friendly.

Live betting and streaming 

If you want to bet on races live and take advantage of accurate and real-time odd changes, PointsBet is the site for you. Compared to most of its competitors, including some of the big names, this sportsbook's live betting feature is faster and more reliable. You won't experience any glitches or delays which could cause odds variation or significant changes in payouts.

Another thing worth highlighting is the incredible live-streaming feature. For the best live-streaming experience, you want to use the app. The site can be a bit slow, especially if you are using an outdated browser.

PointsBet
4.5/5
PointsBet Sports
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PointsBet Highlights
  • Unique betting lines
  • Live streaming available
  • Regular boosters for big sporting events

Expert tips for online horse betting in Ontario 

Betting on horse racing can be intimidating, especially if you're new to the sport. However, here are a couple of betting tips you can borrow to make online horse betting in Ontario work for you.

Understand how horse betting works

For beginners looking to excel in horse racing betting, it's crucial to grasp the fundamentals. For instance, you should know that you're not betting against the sportsbook; rather, you're competing with other bettors in a mutual pool. Unlike what we discussed in our MLS betting guide, where the odds are fixed, horse racing betting is a bit different. Payouts are determined by the pool's total and the number of winning bets.

Know when to bet on your horse

As noted above, horse racing odds fluctuate until the race begins, depending on the betting trends. To be on the safer side, you should pay close attention to any changes before the race, as they will impact the final odds and your potential returns. However, you should note that odds do not necessarily influence the race results but rather the payouts.

Choose your horse racing bets carefully

Ontario off-track betting sites offer various markets, from the most popular straightforward bets to the more complex exotic options like exacta, trifecta, and box bets. Ideally, you want to start with markets that align with your knowledge and experience before venturing into more complex wagers.

Monitor live races for in-play betting

The thing with horse racing is that action happens very fast. That means live betting can be dynamic, and if you are slow, you will miss the best odds. When betting on live races, you want to keep an eye on odds fluctuations. If you spot value odds on a horse with winning potential, you should make a quick move. 

Research the competing horses

Predicting the outcome of a horse race is a difficult task. From the course and track conditions to the jockey's skill, obstacles, and even the weather, horse racing can be a complex sport to bet on.

In other words, you should only wager on a horse you know how it has consistently performed in the past. To simplify the betting process, it's crucial to focus on certain aspects of the race and use historical behaviour patterns to your advantage.

Most horses often exhibit consistent behaviours. Some horses are known to lead from the front, while others are the kings and queens of comebacks. Once you have access to this information, you are sure to make better and more informed betting decisions. 

Find the most valuable horse racing bets

If you are a veteran bettor, you probably know that the secret to long-term success in any sports betting niche is to consistently find value bets. But what does value bets look like in horse racing? You can think of value betting as finding the most overlooked opportunity.

For instance, an OTB Ontario Sportsbook may offer 5–2 odds for a particular horse to win, but after doing some research, you think that the odds are slightly higher than they should otherwise be priced. If you go ahead and bet on this race, that would be your value bet. It is more than just the win; it’s about the probability of getting a better price with just one event.

The reason why this is important is because value bets give you the most results with minimal risk, leading to long-term profitability. It's about understanding the true odds, comparing them to bookmaker odds, and seizing opportunities when the odds are in your favour. 

A step-by-step guide to betting on horse racing in Ontario 

For players who are new to horse racing betting in Ontario, here's a quick guide you can use to kick-start your horse racing adventures.

  • Choose the Right Sportsbook: Look for platforms that offer multiple markets and great odds for off-track betting in Ontario.
  • Register: Create an account on your chosen sportsbook.
  • Verify Your Account: Most sites require account verification, so you may need to submit your government-issued ID.
  • Explore the Markets: Take some time to understand the market. Get familiar with the types of races, bets, odds and events offered.
  • Choose Your Wagers: If it's your first time betting, go for straightforward bets such as win, place or show.
  • Place Your First Bet: Once you've picked a race and a horse to bet on, navigate to the betting slip, enter your stake, and confirm your bet.
  • Keep Track of Races: Stay up to date with upcoming races, odds, and race details. If you want to bet live, many horse betting sites in Ontario offer in-game betting streaming.

Conclusion: Pick your ideal sportsbook today

Now that many sportsbooks are offering online horse betting in Ontario, placing your wagers is easier than ever. All you need to do is understand the betting markets and how the odds system works. Similarly, you should pay attention to the strategies highlighted above to enhance your betting experience.

More must-try sports betting sites in Ontario

NEO.bet
1.
Favicon
4.6/5
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Betway
2.
Favicon
4.6/5
Visit Provider
+19 T&C's Apply, Please play responsibly
Bet365
3.
Favicon
4.5/5
Visit Provider
+19 T&C's Apply, Please play responsibly - Gambling can be addictive
DraftKings
4.
Favicon
4.5/5
Visit Provider
+19 T&C's Apply, Please play responsibly
Tonybet
5.
Favicon
4.5/5
Visit Provider
T&Cs apply, 19+

Ontario horse betting sites FAQ 

Yes. There are various licensed online sportsbooks and off-track betting facilities offering horse wagering in Ontario.

📌How can I pick the right horse betting sites in Ontario?

There are a couple of factors to consider when deciding whether a sportsbook is right for you. Basically, you should pay attention to the available markets, site usability, customer support, payment methods, and odds.

💡What bet types can I place when wagering on horses in Ontario?

Depending on your experience level, strategy, and risk tolerance, you can choose either the straightforward bets or the exotic bets.

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Top Betting Sites
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Betway
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Betway Review
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Bet365
Bet365
Bet365 Review
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DraftKings
DraftKings
DraftKings Review
4.5/5
Tonybet
Tonybet
Tonybet Review
4.5/5
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