Horse racing betting

Horse Racing Betting & Horse Racing Odds Guide (2023)

Horse racing betting — one of the world’s classics when it comes to sport bets. Even though it began in the 17th century, it is still adored to this day. That’s exactly why our team will introduce you to everything you need to know about horse betting. At the end of this article, you will be ready to place your horse racing bets India.

Information About Horse Racing Betting

Horse racing betting, as we said already, has been around for quite some time. That’s why it’s important to get familiar with the sport, rules and regulations to start betting on horse races. It all started in Great Britain around the time they started breeding horses in the late 17th century. Not long after, in 1789, horse racing became a sport, which increased the interest around it even more.

That’s why the first horse betting is around this exact time and the rest is history. People came up with specific rules for the sport and horse racing tips for the bets. And this leads us to today, where betting on horse races is still one of the most popular in England. All this led to the sport becoming so popular that there are horse racing betting sites all around the world.

Types of Horse Races

Before you place your horse racing bets India, you should get familiar with all the types of horse races. There are four main ones — Smooth running, Steeplechasing, Harness racing and Handicap races. Each one has different rules that you need to know in order to calculate your horse racing odds.

Smooth running, also known as Flat racing, is the most popular type of horse betting online and in person. The main factors in this race are the stamina and speed of the horses, as well as that there are no obstacles on the track. The races are on oval racetracks and we predetermine the distance to be around 1000 – 3000 meters. So if you plan on betting on horse races of this type, pick the fastest horse you can.

In Steeplechasing horses have obstacles on the tracks and run around 3,200 meters per race. This type of race began in Ireland, but now it’s practised in North America, France, UK, and Australia. You might even get across this type with the name National Hunt racing as well because it’s used in England. 

The next type is Harness racing in which the horses don’t run, but instead, they move in a specific gait. Also, they pull a two-wheeler, hence why some people call it Two-wheeler racing. To signal the horses, competitors use light whips, but there are strict rules for their use. In some countries such as Norway for example, their use is even prohibited.

Last we have the Handicap races, where horses have to carry a certain extra weight specific to them. The handicapper determines the weight, which depends on previous performances of the horse. And the good news is, you will get the chance to do live horse betting on all these types of races.

Main Criteria Affecting Horse Racing Betting

For your horse racing bets India to be successful, you need to know the factors that determine who to bet on. The first important criterion for live horse betting is the physical form of the horse. Many things determine that, like how he performed in the recent races for instance.

In addition, it’s good to keep track of which horses he has lost to and what their weight difference is. Also, another of our horse racing tips is to check the training of the horse. You can find out a lot from that, like what he can and cannot handle, what his speed is, and how he manages to jump over obstacles.

Another thing that might help you while betting on horse races is keeping track of the horse’s weight. If there has been a change in his weight since his last race, this may affect your horse racing betting. This is because, if a horse has changed weight after performing well, it is likely that it will not do well in the next.

Let’s also not forget about the jockeys while practising horse betting online. It’s useful to check who will ride the horse when going or betting on horse races. That’s because it’s believed that jockeys know the horse’s capabilities better.

And lastly, you might want to take into consideration the price of the horse, because it might play a role. People expect the more expensive horses to perform better than others in the races. These are all the things you should keep in mind, while you browse through horse racing betting sites.

Horse Racing Odds and Factors

Every gambler knows that the most important thing to look at in horse betting websites is the odds. The rule is that the higher the given horse racing odds, the higher the profit you might get. That’s why we advise you to look through different horse racing gambling sites. That way you can find which casino has the best horse racing odds.

Regardless of where you’re betting on horse races you need to be familiar with the races taking place. This is why our team will introduce you to the most popular horse championships. And after you learn a bit about them, you will be ready to place some horse racing bets India.

The Melbourne Cup

The Melbourne Cup is an Australian handicap race with over 2000 meters, started in 1861. It’s one of the most notable events in the horse racing betting world. And the prize pool is always high with approximately 8 million dollars, looking at last year. This race is always held on the first Tuesday of November every year, so be ready when it comes. 

The Breeders Cup

The Breeders Cup is the most popular race that takes place in the USA. They always choose distinct locations for it to keep things interesting. And if you want to do some betting on horse races, this one is a must.

In this competition, you will see jockeys and horses from Europe, Asia and The United States. Beware that there will be a lot of expensive purebred horses competing, so the stakes are high. And of course, the prize pool will not disappoint you with its five million dollars award.

The Kentucky Derby

Next on the list for your horse racing bets India is the Kentucky Derby competition. People consider it to be one of the world’s most prestigious events. And there is no wonder why, as the race is often referred to as “The Greatest Two Minutes in Sport”. Mostly because it lasts around two minutes.

The Kentucky Derby takes place on the first Saturday of May in Louisville, Kentucky. And don’t worry, you will get the chance for live horse betting on it in the online casinos. The whole race covers around 2000 meters and as we said, lasts around 2 minutes. The winner gets a trophy, along with prize money of more than 1 million dollars.

The Dubai World Cup

The Dubai World Cup also is a globally popular competition that people bet on. It takes place on the final Saturday of March every year in the United Arab Emirates. This race has eight varied stages and covers 2,000 meters. And of course, the prize pool is very high with 30 million dollars on the line.

It is the perfect choice for people who like betting on horse races because it’s very interesting. The horse betting odds are usually high too, because of the class of the horses competing. For this competition, only purebred 3-4 year old horses, weighing not more than 57 kg are eligible. So this will guarantee a good experience while doing your horse racing bets India.

Epsom Derby

The Epsom Derby, established in 1780, is one of the world’s most prestigious horse races too. This race takes place at Epsom Downs Racecourse in England every year. It’s a flat horse race for 3-year-old horses, that covers 1,5 miles. But the most distinctive thing about it is the demanding track for a weird horseshoe shape.

The race’s rich history contributes to its status as a premier event in the whole world. That’s why it’s no wonder that it attracts a lot of elite trainers and jockeys. Which makes it a perfect opportunity for horse racing betting.

The Prix de l’Arc de Triomphe

The Prix de l’Arc de Triomphe is one of Europe’s premier horse races, that takes place in Paris, France. It’s a middle-distance turf race for 3-year-olds and older horses, covering 1,5 miles. This competition attracts a lot of international contenders, so it’s interesting to watch. And the grand prize pool often exceeds 5 million, which is quite a lot for a turf race.

How to Do Horse Racing Betting?

To make horse racing bets India, first, you need to find an online casino that offers markets for it. The good news is that those types of bets are part of most of the gambling platforms, not only in India, but in the world. It’s important to know what horse racing odds are and how to spot the better ones. As we said before, the higher the odds for a market, the higher reward you can win.

Of course, in order for your horse betting to be successful you need to be familiar with the types of bets too. So we advise you to look through the different markets and learn more about them. Study the race cards too, as they contain information about the horses, jockeys and race. And keep in mind that in gambling there is no guarantee, so you might lose while betting.

Types of Horse Racing Bets India

Horse racing betting enthusiasts can try different types of bets. From straightforward ones to more complex combinations. But for you to know what to choose, you need to be familiar with the types. So here are some common bet types for this sport:

Each way bet — This is one of the most famous horse racing betting markets because it gives two options to bet and win. The bet was divided into two, for the victory of a given horse and also for it to finish in a given position. 

Bet on the winner — This is the most typical type of bet for any sport, not just horse racing betting. Here you guess which horse will win the race, that is, who will finish the fastest.

Bet forecast — For this type you have to guess not only the winner, but also the horse in second place. In other words, the bet will only win if both your first and second-place bids are correct.

Show bet — With this type, you bet that a given horse will qualify in one of the prize places. This usually means first, second or third position.

Three-cast bet — In this market, you have to guess who will be the first, second and third horse in the ranking. 

How to Do Horse Racing Betting?

Live betting in online casinos brings the excitement of real horse racing action to you. It allows you to place bets while the races unfold. But beware, in those types of bets the horse racing odds may vary. This is because while the race is on, some horses may advance more than expected.

It is way more exciting to watch the horse races, while you bet. So it’s no wonder that the option is available in most online casinos. We encourage you to try it for yourself when you get the chance.

The best sites you can bet on horse races

As we already mentioned, quite a lot of online casinos in India have horse bets in their catalogues. That’s why you won’t have a problem finding a place to put your bets on. But to make sure you’re not gonna use a site that’s not legitimate, we will make a list of the best casinos in India. Here are the horse racing betting sites you can try:

Bet365 horse racing

22Bet

Betway horse racing

How to Do Horse Racing Betting?

If you are still a beginner in making horse racing predictions, then those tips will help. The first thing you need to pay attention to is the statistics up to this point. Following the performance of the horses can help you in the upcoming races. So keep a close look at how they performed in previous competitions.

Another thing you should look for is good horse racing odds. The odds of each horse will show you how likely it is for them to win. So the lower the odds are, the higher the chance of the horse winning. But you know, if the odds are low, your earnings from this horse racing bets India will be too.

Also, there is an interesting belief that horses with new jockeys perform better. So you might want to look at which one has a new jockey when you’re betting on horse races. You never know what might work for you.

Strategies for Horse Betting

The truth is, all horse bets are uncertain and no strategy will guarantee you victory. Yet, it is good to know the tactics that can increase your chances of successful predictions. Such as betting on the horses that have won the previous races. Usually, if they have been in the top 3, they must still be in good shape to win again. 

You can also try the Dutch horse racing strategy, where you bet on several horses again. The idea here is that even if some lose, the winning one will make up for the losses. So test them all and find out what works best for you.

If you are asking yourself how legal it is to bet on horses in India, we have the answer for you. According to the law, horse betting is a game of skill, so it is legal to practice it online and in person. So don’t worry about it when considering the next horse racing odds and bets.

Bonus Read

Do you want to learn more about gambling laws in India? Read more below:

 

Can You Bet on Virtual Horse Races?

Virtual horse racing in Indian online casinos provides instant, simulated racing experiences. Players can engage in quick, randomized races, enjoying the thrill of virtual competition. It is a great option for when there are no real-life horse races to bet on. 

And we can’t forget the fact that those races last around 2 minutes, which makes them good on the go. Also, another positive aspect of them is that the horse racing odds are higher than the normal ones. Which will increase your earnings if you win your bets.

Is Horse Racing Betting Worth It?

Horse betting offers a thrilling blend of entertainment, strategy and potential financial gains. And although it is entertainment, some people use it as a source of income. The unpredictability of the outcome adds an element of suspense, making races unique. So not only they can earn you extra cash with horse racing bets India, but they are fun to watch too.

Betting on horse races combines skill and chance, which offers excitement to everyone. In our opinion, it’s worth trying horse betting online at least once in your life. But remember to stick to our tips about the horse racing odds, so you have a bigger chance of winning. And of course, don’t bet more than you are willing to lose.

Conclusion

Since we introduced you to everything you need to know about horse racing betting, you are ready to go. The horse racing tips we gave you will help turn your bets into winning ones. Don’t hesitate to try betting on horse races in one of the online casinos in India. We are sure you will have a lot of fun doing that!

Author: Steven Sanchez