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Yes, there are several sites that feature online betting. Once you register and deposit money into an account either by registering a credit card with the site or debiting money from your bank account by accessing an interac link from the site, various sites allow you to access various tracks throughout the U.S., Canada, and around the world.
Once you select the track and race from a list, i.e., Woodbine Race Track, 10th race, you are given a selection of amount and bet type, i.e., $1, $2, $5, $10, etc., and Win, Place, Show, Exactor, Exactor Box, Triactor, etc. Once you make your selection of amount and bet type, you are given a field of horses to select from for a particular race.
Once you confirm your bet, your bet is recorded and can be printed. You can watch the race on line and access race results and payouts. If you have a virtual winning ticket, the site credits your betting account. If you make money, you can have your original debit amount refunded back to your credit card, or you can request in writing for a refund to be mailed to you by cheque. You can also leave the money in the account for future bets.
Horse betting can be done at a race track by any adult of legal age before the start of a race. The better will submit a wager on a horse to a collector, and receive a ticket indicating their wager, odds and their choosen horse.
Legal betting can be done at the track where the race is being held. You can obtain a racing form which provides you all of the information about the horses that are competing in the race. You also need to decide if you want to bet as place or win. Once you make your decision you go to the ticket window and place your bet.
first you make a bet on your horse. then you get your ticket. then you eithier watch your horse on tv or outside in the track.