The sport of horse racing has been one of the world’s most popular past-times for centuries. While the way we bet on this sport has changed thanks to new technology, the essence of horse racing betting remains the same as it has always been.
Research the Races
One of the major advantages that we have now is that there are so many big races across the planet. From the Kentucky Derby and the Breeders’ Cup in the US to international events like the Dubai World Cup and the Prix de l’Arc de Triomphe, you can look online and take your pick from many exciting races.
You probably don’t have the time to look into the conditions and the horses taking part in every race you see. So, it makes sense for most people to choose which races to focus on. You might look mainly at American races or just bet on the biggest races each month.
There is plenty of information on the internet that you will find to help you look into the upcoming races. This ranges from expert comments to analytical tools. It should be easier to find out details and tips for the most popular races.
Choose Your Bet
A lot of people think that the first step in the process is to choose a horse. If you feel that one horse stands out in the field as being the likely winner, you can place a bet on it winning. This is the simplest horse racing bet, but it is far from being the only option.
The horse that appears most likely to win will be offered at the lowest odds, meaning that it would pay out less than the others if you place a successful bet on it. On the other hand, unfancied horses with long odds give you a chance to gain bigger wins if you call it right.
If you like a horse but think that he might not win, you could look at wagering on a place or show bet. A place bet is where you win if the horse finishes first or second. A show bet pays out if your pick finishes in any of the first three spots.
You might want to place an exotic bet like a trifecta or superfecta, where you are picking more than one horse. This is much more difficult to do and you will expect a bigger return if you manage to get it right.
How to Bet Online
Many of the most popular horse races have a history stretching back decades or even centuries. Yet, while these races may have changed little over the years, the way we place bets has evolved enormously thanks to the internet.
It is now possible to very quickly research any race anywhere in the world and then place a bet on it right away. The internet has opened up the possibility of betting online to many people who perhaps never knew how to bet on horse races before.
Online offers and bonuses help to make this a smooth way of getting started for anyone.
Mobile betting has added a new aspect to the betting experience. It means that you carry out the full process wherever you happen to be, using virtually any mobile device to sign in and get access to the latest odds.
Click here to find out the odds for the upcoming Breeders Cup, in November: twinspires.com/breeders-cup
Horse race betting remains one of the most appealing types of gambling that continues to captivate the imagination of people all over the world.
The move towards online betting has made it simpler to do this and has helped to introduce the hobby to a far wider audience at the same time.