Horse Racing Bets Explained

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Arguably the most popular and longest-running sport of which bets are placed horse racing has been enjoyed by punters since the late 1600s. Of course, since then a lot has changed with many more types of Horse Racing bets available than ever before. If you haven’t yet tried betting on horse racing this introduction will get you started on the right foot for any upcoming events you are looking to place a stake on. 

History of Horse Racing Betting.

What started in England during the reign of King James I spread across the world and is not enjoyed at racecourses and via online gambling sites all year round. Some of the biggest events globally where bets can be placed on Horse Races include the Kentucky Derby, Royal Ascot, The Dubai World Cup and The Melbourne Cup. Modern technology has also allowed the creation of virtual horseracing that can be found in bookmakers and online gambling sites alike.  This uses software to decide a number of theoretical horse finishing positions of which users bet on before the race occurs. 

Horse Racing Bets

There is a range of different betting methods available in live Horse Racing, the most simple of which a Single is based on 1 horse to win a race. Gamblers can access greater chances of winning by betting Each Way on a horse, this will pay out a return based on how the horse finishes; usually 1st, 2nd, 3rd etc. Players can also make accumulators of various different horses win races or make an accumulator of Each Way bets. These are the most simple to understand types of horse racing bets great for newcomers to betting on the horses. 

Another form of horse racing bets involved grouping multiple winning horses like is an accumulator, however, if any picks don’t win the bets can remain active. For example, the Lucky 15 bet is based on 4 horses and 15 individual bets including 4 Singles, 6 Doubles, 4 Triples and a Quadruple. This means that if a horse lets the 4-Fold down there is still more opportunity to land a win, check out more Horse Racing betting options on the sites at our Sports Betting page. 

Where to bet on Horse Racing

If you are now looking to try out some of these betting options for yourself on live Horse Racing events then the sites on our Sports Betting page are perfect. Not only will you find great sports betting sites that offer competitive odds on any type of Horse Racing bet. There is also site reviews available to help players decide which is best for them, this includes the sportsbook available, customer service features and payment methods. Possibly the most important information on this page is the joining bonuses up for grabs on the sites we work with, newcomers to horse racing bets could use this bonus to try out the bets, 

Summary 

Now that you know more about horse racing bets and the biggest events in the Horse Racing calendar all that is left is to try it out for yourself. If you prefer gambling on classic Casino games instead of sports check out the sites we work with via our Casino Bonuses page.