For a long time there have been offices accepting bets on horse racing. Today they also have a lot of adherents, especially in a number of countries like the USA, Australia, Britain, the UAE. And with the development of Internet technologies, there is a convenient opportunity to make bets online and watch the course of races in the broadcast.
How does Horse Betting Work?
Horse racing is a sport in which stakes are accepted according to a special system. In races, the winner is the one who comes to the finish line first. In order for the prediction to be successful, it is necessary to remember the following features of the discipline:
- There are no clear favourites in this sport;
- Even small details should be taken into account. Bookmakers give all the information about the upcoming race — the temperature at the racetrack, wind speed, even about the pedigree of the horse and its owner;
- You should not use the Martingale strategy;
- Before gambling, you need to study the card.
Horse races differ from team games also in that there are not 2 rivals competing here, but much more, so bets can be placed on many outcomes.
Types of Betting on Horse Racing
In online mode, you can choose the following options:
- Win – a wager on one winner;
- Place – the fact that the selected stallion will take one of the prizes (their number varies in different races);
- Show – indicates that the horse comes first, second or third;
- Forecast – you need to guess the first 2 winners in the correct sequence;
- Treble – the same, but for 3. It is a more difficult bet;
- Reverse Forecast – for two likely winners. If one of the indicated comes first, the bet wins.
This is not a complete list of options. Some offices accept specific types of bets, for example, combined Win/Place or Win/Place/Show.
Horse Betting Odds
First of all, horse racing bets differ by changing the coefficients, they are of the following types:
- Long-term;
- Early (EP). They are installed 1-2 days before the launch of the race, immediately after the list of participants of the race becomes known, and they are valid until the horses enter the courtyard of the racetrack;
- Board coefficients (EP). They are installed before the start of the race;
- Starting coefficients (SP). They are installed during the beginning of the race.
The coefficients are traditionally high, but you need to take into account that they change dynamically, and it is important to choose the right moment to make the most profitable stake on horse racing.
How do the Horse Races Odds work
The odds accurately reflect the total amount of money you could wager on a horse. The larger the sum of money you invest, the lower the overall chances will be. If they are presented as 10-1, 7-2, this shows the size of profit compared to the invested money. The odds of 10-1 mean that for every $1 invested, the player receives a profit of $10. Thus, when you bet $1 on a successful race, the refund would be $11.
How to Bet on Horse Races?
For offline betting, Go to a betting window where betting is carried out and give the teller the following info
- The race. For example, 12th race, 15th race.
- The track. For example, Churchill Downs, Kentucky Derby.
- The amount you are betting. For example, $2, $5,$50, and more.
- Type of bet. For example, win, place, or show.
- Horse’s number. For example, number 6, number 10.
For example, If you want to bet on a horse no. 7 in the 5th race, it should sound adequate in the 8th race, I would like to put $10 on horse no. 7. After the bet has been placed, You will get a ticket by the teller having your exact bet on it. Like a lottery, if you win the bet you can exchange your ticket you will get cash in return.
Top Bookmakers for Horse Betting
In order for you not to look for an office for a bet, a list of good companies has already been compiled. Meet 10 of them:
- William Hill;
- Bet365;
- 1хBet;
- 20Bet;
- Melbet;
- Pinnacle;
- NetBet;
- Betwinner;
- Megapari;
- Sportsbet io.
They all are licensed and regulated, present hundreds of horse events and a great selection of markets, and provide 24/7 Customer Support, as well as convenient mobile apps.
What to Pay Attention to in Betting on Horse Racing
As in any other sport, racing also has its own features. Below are some useful tips:
- Age of the horse. A young steed at short distances has more chances than the elderly. But if you are a fan of long-distance races, then experience plays a major role;
- Length of races. Before making a bet, you need to know how long the race will be and whether the horse had a break before it;
- Jockey Weight. The lighter he is, the more experienced he is and has a better chance of winning;
- Trainer and rider. It is equally important that the combination of trainer and jockey gives results;
- Weather. It can bring unexpected results when the favorites give way to outsiders.
If you take these parameters into account, your bets would definitely be successful.
