Horse Racing Betting Guide – Not As Hard As You Think

Horse racing is among one of the oldest sports in the world. So betting is also an old tradition when it comes to it. Football, ice hockey, basketball, and other popular sports did not even exist when horse racing betting was already around. It is one of the most popular sports in the UK, a unique heritage of hundreds of years, and a significant part of English gambling. However, it’s getting popular elsewhere, as well, thanks to the online betting platforms. So in this article, we will take a look at our horse racing betting guide!

The Origins

There are four main versions of horse racing. One of them is flat racing, where they race on flat terrain without obstacles. The other is the steeplechase horse racing when there are obstacles on the track. Harness racing is a sport where specifically bred horses pull a two-wheeled and sulky and show their skills. The fourth is endurance racing. The horses and their riders have to race through a 50-150 miles long track, where the terrain varies. You have probably learned or seen in movies that people held horse races, even in the Roman Empire. However, the first official record is from 1174, when Henry II reigned. Historians believe that the first horse racing winner’s prize was a small wooden ball decorated with flowers in 1512. At the beginning of the 16th century, Henry VIII brought plenty of stallions and mares to England, and their breeding also began. Along with the popularity of horse racing betting.

Betting On a Horse Race

So if you have decided to bet on a horse race, unless you know what you are doing, you should start by browsing through various descriptions, statistics, and analyses. To be sure, the horse racing betting guide revolves around three main betting types on most online platforms.

The easiest way is to select a horse based on statistics and intuition, and if it wins the race, you win, as well. Then, you can also bet whether your chosen horse will finish in first or second place. In this case, regardless of the result, if it gets into the best two, you win. The third popular betting option in our horse racing betting guide is to bet on whether your horse will end up in the first three. Keep in mind that your winnings will change accordingly to these types. Picking the winner pays more than the other two types.

Horse Racing Betting Guide – Strategies

It’s interesting, but a significant number of horse race bettors decide who to bet on in about one or two minutes. Either due to intuition, horse names, the color of the jockey’s shirt, or the statistics offered by the particular bookmaker. However, it is worth searching for more details to increase your winning chances. For example, before you place a bet, consider what kind of ground the race takes place. Some horses perform much better on grass. It also matters a lot how much time passed between the horse’s last race and the next one, as this can affect its performance. 

For starters, you may want to choose betting forms that promise smaller amounts but a better chance of winning. Such as guessing if a particular horse will be in the top three. It’s simple math! You have a much better chance of winning this way, rather than guessing the final winner. Use the available forms, such as Quinella, as you have a better chance of winning if you bet on more horses. If you want to win and learn at the same time, let’s not just focus on one race but bet on more at a time. Because sooner or later, the odds will guide you, and then you can start working on making more profit.

The Most Popular Betting Markets

Given that horse racing betting is an old form of betting, in addition to the plenty of strategies, there are several different available betting forms besides guessing the final outcome. For instance, the so-called Quinella method. You pick two horses from the same race and bet that they will finish in first and second place. The order does not matter. However, as you can see, here, you have to know the horses and statistics. Especially if you choose the more complicated version of Quinella, the so-called Exacta. In this case, you also bet on two horses, but it matters which will be the first and which will be the second this time.

The really tough versions of the previous two betting options are the Trifecta and Superfecta. It’s when you have to guess the first three and four horses in exact order. It is only recommended for professionals since it requires practice, experience, knowledge, and money. Usually, there are several competitions on a race day, and if you choose the Daily Double or Pick 3 betting methods, you can try to predict the final outcome of two or three consecutive races. These are the most common wagers of horse race betting guides. Though, there are still a couple of special variations like the Wheel type. Here you use the Exacta form, but besides the winner, you have two guesses for the runner up.

Horse Racing Betting Guide – Live betting

Basically, horse racing live betting is the traditional form. If you have the opportunity, visit a horse race track, and wager there. It doesn’t get any more “live” than that. However, since not every one of us is lucky enough to live near a track, betting platforms offer live betting. This is also the case with foreign bookmakers, live coverage is usually available for many events. In countries where horse racing is popular, such as Ireland, the UK, or Australia, we can follow the events and bet before and during the rounds for sure. You can do that at Bet365 Sportsbook. In light of this, we believe that after a few competitions, you will know jockeys and horses, and it will become easier and easier to develop a horse racing betting guide and strategy for you. For more information, check out online sportsbook news sites in Ireland.

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