Bet on Horse Racing in Canada
At Ozoon, you can bet on major races from North America and around the world. We offer pari-mutuel betting, live race coverage, and competitive horse racing odds.
Fast, CAD-friendly deposits are available through Interac or select crypto payment methods. New players may also qualify for a welcome bonus of up to $400 plus 50 free spins.
How Horse Racing Betting Works at Ozoon
Horse racing uses a pari-mutuel betting system. All bets go into a shared pool, and payouts depend on how much money is wagered on each horse. Horse racing betting is legal for eligible Canadian players.
Unlike regular sportsbook betting, the odds are not fixed. They change until post time as more bets come in. You can track live horse racing odds across 19 global tracks, including major North American venues such as Saratoga and Santa Anita Park.
Types of Horse Racing Bets
Understanding the main horse racing bet types can help you feel more confident before placing your first wager.
Straight Bets
By offering the clearest conditions, straight bets are the easiest option if you're new to horse racing.
- Win — Your horse must finish 1st.
- Place — Your horse must finish 1st or 2nd.
- Show — Your horse must finish in the top three.
- Across the Board — Three equal bets on the same horse to Win, Place, and Show.
These bets are simple, easy to follow, and a good starting point for beginners.
Exotic Bets
Exotic bets offer bigger payouts but are harder to hit.
- Exacta — Pick the horses finishing 1st and 2nd in exact order.
- Trifecta — Pick the top three finishers in exact order.
- Superfecta — Pick the top four finishers in exact order.
- Daily Double — Pick winners of two straight races.
- Pick 3 / Pick 4 / Pick 5 — Pick winners across multiple races.
- Super Hi-Five — Pick the top five finishers in exact order.
- Derby City 6 Jackpot — Pick winners of six consecutive races.
You can also use box bets to cover more finishing combinations. For example, an Exacta Box with two horses wins if either horse finishes ahead of the other. Your chances improve, but the total cost of the bet goes up.
Here at Ozoon, you can place both straight and exotic wagers on major horse racing events year-round.
Reading Horse Racing Odds at Ozoon
Horse racing odds show how much you can win from a successful bet.
- A plus sign (+) identifies the underdog. For example, odds of +200 mean a CAD $100 bet would return $200 in profit if the horse wins, plus your original stake.
- A minus sign (-) identifies the favourite. For example, -200 means you would need to wager CAD $200 to earn $100 in profit.
Unlike many other sports, horse racing uses a pari-mutuel betting system, where all wagers are pooled together and payouts are determined by how much money has been bet on each horse. As more bets enter the pool, the odds continue to adjust.
At Ozoon, all odds and payouts appear in CAD, so you never need to worry about currency conversion.
Horse Racing Betting Tips
Here’s a rundown of top horse racing betting tips that can help you pick a winning horse at Ozoon.
- Check speed figures from the horse's last few races. Higher Brisnet Speed Figures usually signal stronger recent form.
- Look at the jockey and trainer win rates before placing your bet.
- Pay attention to track conditions. Some horses perform better on turf, while others handle dirt or muddy tracks better.
- Watch the paddock before the race. Calm, alert horses are usually a positive sign.
- Start with Win, Place, or Show bets before moving into exotic wagers like Trifectas or Pick 5s.
Major Horse Racing Events to Bet On at Ozoon
Ozoon covers the biggest horse racing events on the calendar.
Kentucky Derby
The Kentucky Derby is the most popular horse race for Canadian bettors. We offer race-day markets and ante-post futures odds leading into the event.
Preakness Stakes
The Preakness Stakes is the second leg of the Triple Crown. Here at Ozoon, you can find live odds and expanded race markets.
Belmont Stakes
The Belmont Stakes closes out the Triple Crown and often decides historic championship runs.
Breeders' Cup
The Breeders' Cup features elite horses from around the world across multiple championship races and betting markets.
We also cover international racing events from tracks such as Happy Valley and Royal Ascot, so you can bet on horse racing all year long.
Horse Racing Betting FAQs
What is the difference between Win, Place, and Show?
A Win bet requires your horse to finish 1st. A Place bet pays if your horse finishes 1st or 2nd. A Show bet pays if your horse finishes in the top three. These are the easiest horse racing bets to start with.
What is a boxed bet in horse racing?
A boxed bet covers every finishing order combination for your selected horses. An Exacta Box on horses 3 and 7 wins if either horse finishes ahead of the other. Box bets cost more but improve your chances of winning.
When do horse racing odds change?
Horse racing odds change throughout the betting window as more wagers enter the pari-mutuel pool. Final odds lock at post time, and we display live odds before every race.
What is the best horse racing bet for beginners?
Most beginners start with Win, Place, or Show bets because they are easier to understand than exotic wagers like Trifectas or Pick 5s.