Home Betting Blog How Much Will My Bet Win?

How Much Will My Bet Win?

How Much Profit Will My Bet Win?

How Much Will My Bet Win is one of the most common questions online sports betting players ask. The answer is quite simple. All you need to do is multiply your stake with the total odds of the bet (a single bet, double, treble or accumulator). This is mostly related to players who prefer using decimal odds. Let’s say you placed home win bet in a soccer match between Toronto FC and Montreal Impact at the odds of 2.00. The stake is $50.

In this scenario, potential returns are going to be $100. Canadian players usually use decimal odds, while the small percentage is still looking at American odds sheet. We are going to show those calculations below as well. Don’t forget to take a look at our list of top bookmakers below and maybe claim some of the promotional offers.

First part - minimum bet $100, minimum odds 1.50, 50% free bet up to $50. Second part – Place 5 other bets with minimum odds of 1.50 and with a total stake of $200 or more, to receive a maximum bonus of $50. 15 days expiry. Online / mobile. Free bets, player, deposit methods, country restrictions apply. T&C'S Apply
Open Account Offer - New Customers only. Up to C$200* in Bet Credits. Sign up, deposit C$5* or more to your account and bet365 will match your qualifying deposit in Bet Credits when you place qualifying bets to the same value and they are settled. Min odds/bet and payment method exclusions apply. Returns exclude Bet Credits stake. T&Cs, time limits & exclusions apply. 18+ Gamble Responsibly visit begambleaware.org
100% UP TO C$200
New customers only, T&C's Apply
New Canada customers only. Opt-in required. Bonus based on 1st deposit of $10+. 5x deposit and bonus wagering at odds of 1.75+. Full terms apply
100% BONUS UP TO $125
New customers only. Max $125 CAD bonus. Rollover is 10x deposit + bonus. T&C's Apply
New customers only, T&C's Apply
GET 50% UP TO $2,500
New customers only, T&C's Apply
New customers only, T&C's Apply

How To Bet on Horses

  1. Open new betting account with a sportsbook

    Choose one from our list of bookies.

  2. Make first deposit and head to horse racing section

    All popular cards and e-wallets are accepted.

  3. Choose an event and pick a winner!

    Enjoy the race!

Horse racing is also popular when it comes to online betting in Canada. Placing a bet on this sport is as equally easy as for every other. The first thing you will need is sports betting account with one of the operators. Again, pick one from the list we provided above. Complete the registration, enter your data, make the first deposit and head to horse racing section. Available events should be located there. Find your race, make a selection and place a bet on one of the horses. Betting on horse racing is perfectly legal in Canada, as long as you are at least 21-years-old and agreed to terms and conditions given by the bookie. Just make sure your bets are not singles. That is not allowed yet.

What is Canadian Bet?

We don’t advise placing Canadian Bet if you are new to online sports betting. It is a bit complicated strategy and combination of bets where players wager on five different horse races. You should place 10 double bets, 10 trebles, 5 four-folds, and one 5-fold accumulator. This type of bet is the Super Yankee. All runners in this combination have equal importance on the potential profits. It is very similar to Lucky 31 bet. It is one of the most complex bets when it comes to online horse racing betting strategies. There is a couple of useful software we would recommend here, like Canadian Bet calculators. These are available online. Some of them are free, some require a monthly subscription.

The popularity of Horse Racing In Canada

Horse racing definitely belongs to the list of top 5 most popular sports to bet on in Canada. Players from this country are able to place bets on all races, both ones held in North America and across the world. It is nowhere close to popularity in comparison to the United Kingdom for example, but still, there is a lot of interest. Overall, it is one of the most exciting sports to wager on. Once you tried it, there is a big chance to get hooked. All you need is a sportsbook account and positive balance. We recommend it both for beginners and advanced bettors, as it is very simple to place bets. There are a couple of different markets here, but the most popular one is picking a winner.

Live Streaming Is Available For Horse Racing

Once again, this one heavily depends on the bookmaker. William Hill, for example, is live-streaming a lot of horse racing, and you can get a generous welcome offer on top of that. Canada players will also enjoy live-streamed events of other sports like hockey, soccer, basketball or lacrosse. It always feels nice to place a bet and cheer for your team in high resolution. The only requirement to access the live streaming section is to have a positive account balance.

The Most Popular Horse Racing Events To Bet On

Let’s start from the most popular Canadian horse racing events. Canadian Triple Crown is at the top of this list. Three-year-old horses gather in the qualifiers, attempting to win a spot in the Queens Plate, The Prince of Wales Stakes and the Breeders Stake. Every single of these racecourses represents a prestigious event. Winning all three throughout a career is one of the biggest achievements possible in Canada. The first series was held back in 1959. Since then there have been seven winners who earned the Triple Crown.

Queen’s Plate

This one is the first leg of the Triple Crown. According to all data available, this race is the oldest in Canadian history. The first race was organized back in 1860! The location is in Ontario, Tapeta surface of the Woodbine Track. The maximum number of runners is 17. It is always held between the fifth and sixth month of the year.

Prince of Wales Stakes

The second leg of TTC (The Triple Crown). The standard location for this one is Fort Erie Race Track in Ontario. The distance for the race here is nine and a half furlongs, being one of the fastest racecourses. Races usually last less than two minutes. There were over 100,000 wages placed for Prince of Wales Stakes in 2018.

Breeders’ Stakes

The Triple Crown is ending with a race in Woodbine Race Track in Ontario. Breeders’ Stake is always scheduled for August. The initial event was organized in 1889 and it represents one of the longest races available in Canada. There is always a huge interest in the event, even though none of the runners has a chance to complete the Triple Crown. How Much Will My Bet Win article was made in good faith and intention to help our readers.