Horse racing has been around for thousands of years. It is one of the oldest forms of betting entertainment. But, you know, it’s changed so much from the old days when people would head down to the track or a betting shop to place their bets in person. Nowadays, you can bet on horse racing from the comfort of your home. You can use online platforms or even apps on your Android or iPhone to watch races and place bets. For example, you can try non-GamStop betting sites to place your bets on the favourite horse. In this post, we’ll explore different types of bets you can make and recommend some top-rated horse racing betting websites. Plus, you’ll find ten handy tips for betting on horse racing.
How to bet on horse racing
Placing bets on horse racing online is more convenient than visiting a street betting shop. The initial step involves creating an account and registering on one of the recommended and reputable betting websites listed below. Furthermore, as you continue reading this article, you’ll discover valuable horse racing tips and betting advice that can enhance your prospects of achieving success, whether you prefer traditional bookmakers or platforms specializing in horse racing not on GamStop.
After successfully signing up, you’re prepared to place your bets. Simply pick the race you’re interested in, whether it’s happening on the same day or in the future, select your preferred horse, and indicate your desired wager amount. The odds, also known as the price, represent the likelihood of a horse winning a race. These odds are the multiplier you apply to your stake in order to calculate your potential winnings.
When it comes to witnessing live horse racing, you’ll find a myriad of choices at your disposal. These range from attending your nearby racetrack to streaming the action live on your mobile device. Should you happen to miss a race, you might discover race replays conveniently accessible on select betting websites, along with detailed race results.
Types of bets in horse racing
One element of modern-day horse racing is the variety of bets available. You can read about them in any horse race guide. The following are the most common sorts of horse racing bets.
Win
A win bet is one of the most basic and popular sorts of bets in horse racing. Your horse must finish first to win. You will be paid based on the horse’s odds.
Place
A place wager involves picking a horse to finish in one of the top two places in a race—first or second. Your bet is considered a success if your chosen horse finishes within these specified ranks, regardless of whether it clinches the overall victory. Place bets have a larger chance of winning than win bets, but they usually have lower odds and rewards. Below you will find more tips on horse races.
Show
A show bet entails picking a horse to finish in one of the top three positions in a race, and the payouts remain consistent regardless of the specific position – whether the horse finishes first, second, or third.
Quiniela
To win, you must select the first two horses to cross the finish line. It doesn’t matter what sequence they finish in.
Exacta (sometimes called Forecast)
In order to secure a victory in this type of wager, you must correctly predict the precise order of the first two horses to reach the finish line. While it’s undoubtedly a challenging bet to win, it offers the potential for substantial odds and can yield significant returns for a relatively modest investment. Below are additional free horse racing tips for you to consider.
Trifecta (sometimes called a Tricast)
In order to win this sort of wager, you must correctly anticipate the order in which the first three horses will finish the race.
Superfecta
In order to secure a victory, you need to accurately predict the exact order of the first four horses as they cross the finish line.
Daily Double
The Daily Double is a specific wager in horse racing where you must correctly choose the victors in two consecutive races. This means making accurate selections for the winning horses in both of these races, which are usually either the initial two races of the racing day or two specified races listed on the event’s schedule.
Horse Betting Tips: The Best 5 Online Betting Platforms
When seeking advice for betting on horses, it’s essential to remember that identifying the “finest” online horse racing betting platform is a matter of personal judgment and can hinge on individual inclinations such as desired features, promotional offerings, and user-friendliness. Below, you’ll find a selection of five reputable and widely recognized horse racing betting websites that enjoy a strong reputation among enthusiasts.
MyStake
Mystake.com is an amazing betting site made by a passionate team. Its sportsbook offers an extensive array of sports betting opportunities, you will have tons of choices in terms of markets and odds. With top-notch payment security, support for different currencies, and 24/7 customer help, players can have lots of fun without worrying about anything. Mystake.com is the place to go for an awesome gaming and betting experience!
FreshBet
This is a globally accessible online casino that provides an extensive selection of gaming entertainment and serves as an internet-based hub where individuals can engage in sports betting across a diverse array of events, including not only horse racing but also sports like basketball, baseball, tennis, and more. Visitors to FreshBet have the option to place bets on traditional sports or even engage in e-sports, alongside enjoying classic casino games. As a valuable horse racing betting tip, keep in mind that players can accrue bonuses and enjoy generous rewards through the casino’s loyalty program as a gesture of appreciation for their loyalty.
Goldenbet
This European-based online casino and sports betting platform is widely recognized for its frequent promotions, bonuses, and complimentary wagers, all designed to entice newcomers and maintain the loyalty of existing users. In addition to horse racing, the Goldenbet offers an array of other sports for betting. Horse racing fans can explore a wide selection of betting options and take advantage of special incentives customized to their interests.
NonStopCasino
NonStopCasino sets itself apart with its extensive selection of casino games, boasting thousands to choose from. However, NonStop doesn’t limit its offerings to just casino games; its sports betting platform ranks among the top in the industry. Featuring over two dozen different sports, each with numerous betting markets, NonStop demonstrates its commitment to catering to diverse interests.
Goldenlion
This online casino offers a diverse array of enjoyable games to keep players entertained. Goldenlion also functions as a betting platform where people may place bets on horse racing events. It encompasses a broad spectrum of horse racing competitions from across the globe, encompassing prestigious races from big horse racing festivals as well as events from local racetracks.
10 tips for horse racing
Horse racing is known for its unpredictability. Some people choose horses based on their intriguing names, while others are influenced by numbers. Whatever your strategy, we’re here to provide great free horse racing bets tips, highlighting the main aspects you should consider before placing your bets.
Begin with bets that have minimal risk
Start by placing low-risk bets such as “win”, “place”, and “show” with small amounts of money per race. As you gain confidence and experience success with these basic bets, consider advancing to higher-risk, higher-reward wagers, and increasing your wager size if your budget permits.
Once you become comfortable with the betting process, tailor your bets to match your personality. If you tend to be more conservative, stick to lower-risk bets and modest amounts. Exploring “exactas” can be a logical next step. On the other hand, if you’re an adventure-seeker, venture into “trifectas” and other exotic wagers to add an extra level of excitement to your betting experience.
Consider working out of two wallets
Betting carries inherent risks, and it’s crucial to recognize when to exercise restraint, which is one of the fundamental horse betting tips. One effective strategy is to maintain two distinct wallets for your betting endeavours. Use a smaller one for incremental wagers, and reserve your larger one for a significant race. Avoid raising your stakes in an attempt to recover losses. Maintaining discipline is paramount for achieving success in betting.
Read the Racecard
Online horse race cards serve as a rich source of crucial information. Initially, comprehending the various numbers and letters may seem daunting, but with time, it becomes more manageable. Within the race card, a wealth of race-related details is available, enabling you to navigate between betting options and determine your desired wager amount. Information on the race card encompasses key data such as the horse’s number, name, trainer, jockey, weight, age, recent performance history, and odds. These race cards essentially act as historical performance guides, typically represented by numbers next to each horse, indicating their past finishing positions.
Avoid placing bets on favourites without careful consideration
While it might appear that favourites are likely to triumph in horse racing, the reality is that the favourite horse wins approximately 35 per cent of the time. However, this percentage can fluctuate depending on the particular race type and the number of horses participating in that particular race. Given this information, some bettors might contemplate blindly wagering on favourites, commonly referred to as “the chalk.” Nevertheless, a closer examination of the implied odds reveals that you would require average odds of 2/1 or higher to merely break even with “win” bets on the favourite. Consequently, for long-term success, bettors must be discerning and select horses they believe have a better chance of winning when compared to their implied odds.
Analyze the Horse
Fundamentally, the outcome of the race hinges on the equine contenders, and here’s some essential horse race betting advice: To make informed betting decisions, you must delve into thorough research regarding the specific horse you plan to wager on. In today’s digital era, a wealth of information is readily accessible at the click of a mouse, facilitating your decision-making process. Numerous statistical and form-based websites serve as valuable resources to procure the necessary data, making it essential for bettors to leverage these tools for successful horse race betting.
Your primary consideration should be the horse’s experience and track record. Analyze their recent race performances and assess their win-loss history. Additionally, it’s imperative to evaluate the horse’s physical condition, particularly whether it has suffered recent injuries. If a horse has been out of action for more than a month, it could indicate a potential injury, as a fit and healthy horse usually races at approximately monthly intervals. Moreover, when a horse has taken a break from the racecourse, it may require one or two races to regain peak fitness.
Another pivotal aspect is the horse’s racing style, as some may prefer to lead from the start, while others exhibit a late surge. Factor in the horse’s gender and breed as well; typically, males and horses with superior pedigrees tend to outperform their counterparts.
Assess the Jockey
Conducting some research on jockeys can significantly enhance your betting advantage, and this is one of the essential tips when betting on horses. Typically, the most accomplished jockeys tend to enjoy greater success. Once they establish their proficiency, these top jockeys often have the privilege of riding the best horses. While the world’s top jockeys can excel in various race conditions, it’s worthwhile to delve deeper into statistics to discern whether certain riders exhibit superior performance at specific tracks, over particular distances, or within particular racing categories. These tips when betting on horses can help you make more informed wagering decisions based on jockey performance.
Assess the Trainer
While the horse and jockey certainly influence the outcome, it’s important not to underestimate the significant impact trainers have on a horse’s performance. Trainers play a pivotal role in shaping a horse’s abilities and achievements. Therefore, seek out trainers with a proven track record, recent victories, and consistent results.
When analyzing trainer statistics, it’s advisable not to solely focus on metrics like win rates or total prize money. Instead, consider whether a trainer exhibits particular expertise in categories such as sprinters, route horses, juveniles, fillies, or any other specialized area within the sport. This comprehensive approach to assessing trainers can provide valuable insights into their strengths and areas of specialization.
Assess the ground
Different types of ground conditions exist in horse racing, and understanding these conditions is one of the crucial tips for betting on horses. The ground might be firm, soft, good, yielding, and heavy. It’s often the case that a horse exhibits a preference for specific ground types, which is an important factor to consider when making your selection. Firm ground is the fastest and most solid, while heavy ground signifies challenging, muddy conditions. For instance, if the ground is soft, it’s advisable to steer clear of a horse that typically excels on firm ground. While some horses demonstrate versatility and perform well on any ground, a significant portion tends to deliver their best performances under their preferred ground conditions, highlighting the significance of these tips for betting on horses.
Follow the Horse Racing Tipsters
A multitude of betting experts are available to offer their insights. Certain horse racing tipsters generously share their extensive knowledge without charge. These individuals boast considerable experience in the world of horse racing and possess a keen understanding of what to focus on and where to find valuable indicators. Racing tipsters employ their distinct strategies and methodologies to predict winning horses, drawing from a diverse array of sources to evaluate promising betting opportunities.
Numerous websites, blogs, and articles authored by horse racing betting specialists are readily accessible, making them a valuable part of your horse race betting guide. They delve into topics such as pivotal race statistics, significant race trends, and in-depth analyses. These experts also provide explanations alongside their tips, aiding users in making informed decisions and expanding their predictive skills. As you consistently follow the pages of tipsters and delve into their reasoning for each tip, you’ll gradually grasp the rationale behind their selections.
It’s essential to bear in mind, however, that there is no infallible formula, no shortcut to guaranteed success, and no strategy that guarantees victory in every race. While listening to experts is valuable, ultimately, the choices you make should be your own.
Watch Live Races
It’s equally vital to immerse yourself in the world of horse racing by observing as many races as possible. You can easily achieve this by tuning in to televised broadcasts from the comfort of your home or by using your smartphone to stream races. During your viewing sessions, keenly observe how horses perform across various track surfaces and at different racetracks. Assess whether they demonstrate superior abilities in longer or shorter distances. The most effective way to glean this firsthand knowledge is through watching races.
Conclusion
When making a bet, there are numerous factors to consider, as highlighted earlier. You can utilize the horse racing tips mentioned above to enhance your chances of success in online horse racing betting. However, it’s essential to acknowledge that there is no foolproof formula for winning every race. Your decisions should ultimately be influenced by a blend of thorough research, self-discipline, and personal judgment. Always keep in mind that the primary essence of horse racing, and betting in general, is to enjoy yourself! It should not be seen as a strict avenue for making profits, and if the enjoyment ever fades, it’s time to take a break.
