FanDuel Horse Racing in Canada

FanDuel Racing gives the users the opportunity to place bets on the horses. Thanks to our live updates, great odds and a wide range of betting options, Fan Duel Racing is always successful in both amateur and professional users. In fact, regardless of your betting interests in thoroughbred races, harness racing or greyhounds, we will always ensure that you are up-to-date and have access to all the necessary information. The primary theme of the present page is centred around the different types of betting, understanding the odds and what makes FanDuel a reliable partner for horse racing in Canada.

Current Racing Odds on Spreads, Moneylines and Live Races

FanDuel Racing offers you the possibility to find a wide range of competitive odds for many horse races. The most common bet types are:

• Moneyline: Moneyline betting is the most straightforward way to wager on a race. You select the horse you believe will win the race outright. The odds are adjusted based on the horse’s likelihood of winning, with favourites offering lower returns and underdogs offering higher payouts.
• Spreads (Handicaps): In some races, a spread (or handicap) is applied. The favourite is given a virtual disadvantage (e.g., a -2 length spread), and the underdog is given a virtual advantage. This makes betting on the favourite more challenging but also potentially more rewarding.
• Live Betting: Fan Duel Racing offers live betting, where you can place wagers while the race is still in progress. This is ideal for users who want to adjust their wagers based on the race’s live action and momentum.

These different betting options not only enable you to plan your bets but also to select the betting style that most matches your tastes, in case you are willing to make a simple moneyline bet or something more dynamic such as live betting.

Popular Horse Racing Betting Options

In addition to moneylines, spreads and live betting, FanDuel Racing offers several other popular types of bets for such tournaments:

• Exacta (Precise Prediction): With this wager, you forecast which competitors will finish first and second, and the sequence must be exact. Payouts here exceed standard win bets, though winning is more challenging.
• Trifecta (Triple Prediction): This type resembles Exacta, except you must correctly identify the top three finishers in their precise sequence. Due to increased difficulty, payouts are even larger.
• Superfecta (Quadruple Prediction): This requires forecasting the top four competitors in their exact finishing sequence. The risk is extremely high, but potential winnings can be quite substantial.
• Quinella (Flexible Pair): A simplified Exacta variant. You select two competitors who will claim the top two positions, but sequence doesn’t matter. Winning is easier, though payouts are generally lower than Exacta.
• Consecutive Daily (Daily Double): You choose the winners of two consecutive races, but payout size depends on the number of races involved and the odds on your selected competitors.

With these diverse betting options, FanDuel Racing provides something for every user, whether you prefer higher-risk, higher-reward bets or the more predictable options that still offer attractive payouts.

How to Understand Racing Betting Odds

To successfully wager at FanDuel Racing, understanding how to read the odds is essential. Racing odds are typically displayed in either fractional, decimal or moneyline format. Here’s a breakdown of how to understand each:

• Moneyline (American Odds): The most widespread format. Odds of +200 indicate that a CA$100 wager yields CA$200 in pure profit if successful. Negative values (like -150) show you need to stake CA$150 to earn CA$100.
• Fractional (Ratio Odds): Display the profit-to-stake ratio. Odds of 5/1 mean for each CA$1 wagered, you receive CA$5 profit when successful. The larger the numerator (first number), the higher the potential winnings.
• Decimal (Decimal Odds): Show the total payout per CA$1 wagered, including your original stake. Odds of 3.00 means receiving CA$3 for each CA$1 invested (CA$2 profit plus the return of your original CA$1).

Understanding these chances will enable you to evaluate the risk and profit of every bet, which means you will be able to use your betting knowledge to make wiser bets at FanDuel Racing.