In the world of online betting, horse racing is an extremely popular sport; you could even say that it is the number one sport in this field. Although for a long time it was considered that this type of betting depended only on chance, there is actually more knowledge about how to place this type of bets, and more information available to have better chances of winning. If horse racing has caught your attention and you are an inexperienced bettor, this article will be of great interest to you as we will delve into the basic guidelines for placing bets on horse races.
If you are a new bettor in this sport, you still have a lot to learn, that is why we also recommend you to access specialized sites, such as WSN where you can get all the latest information on the world of sports betting. Also, WSN.com recommends TVG for horse racing betting, one of the best apps for this type of betting.
WSN is a site that will be of great help to you, as it is the leading site in sports betting and sports news for bettors in the United States. There you will find all the necessary information, and it will be very easy for you to learn since their articles are easy to read and to the point.
But, as we were saying, beyond these helpful sites, we will provide you with the basic information you need to start betting on horse racing. Let’s get started!
Considerations when choosing a bookmaker
The first thing we must consider is which the best place to place our bets is, and for that we will take into account certain factors that will allow us to find the most suitable one.
The most important factor when it comes to horse betting is the quality of the odds offered by the bookmaker. If you intend to bet regularly, your priority should be to look for the best odds. Each bookmaker offers different types of odds for the same horses in the same race; stick with the one that offers the best payouts. To compare the odds offered by each bookmaker there are several sites and applications specialized in these topics that you can access; WSN.com recommends TVG for horse racing betting.
Regarding payouts, it is important to make sure that the bookmaker offers payouts up to the maximum number of places earned by the horse you are betting on. In other words, look for bookmakers that will pay you in case your horse does not come in first.
Another very important aspect to consider are the bonuses. Look for the bookmaker that offers the juiciest bonuses. Many of them have promotions specifically dedicated to horse racing.
Types of horse racing
Flat canter: This is the most popular of all. It takes place on flat ground, which can be sand-fiber or grass, without obstacles or unevenness. They can be performed in a straight line, circuits, or other layouts. In this type of race, the horse can gallop at its maximum speed. One of the best known events with this type of modality is the Kentucky Derby.
Jump racing: These can be divided into three categories: Bumpers (on flat tracks with obstacles), hurdles, and steeplechases (tracks with bushes, ponds and fences). The best known event of this type of racing is the Charlotte Queen’s Cup in North Carolina.
Trotters: This modality is the least common since the jockey does not ride the horse but rather rides on a two-wheeled cart (sulky) that is hitched to the horse. The horses do not gallop, but trot or walk, to avoid accidents. This modality is also performed on snow in some countries.
Types of bets
There are two categories of horse racing bets; standard and combined bets.
On the winner: You bet on the horse you think will be the winner.
Second: You bet on the horse that finishes first or second.
Third: You bet on the horse that finishes first, second or third.
Exacta: You bet on the horses that will come in first and second place in a race, clarifying which one will come in first and which one will come in second place.
Quinquella: Bets on two horses for first and second place regardless of which one will come in first and which one will come in second.
Trifecta: You bet on the first three places, awarding one place to each horse chosen.
Superfecta: Same as above but considering the first four places.