A guide to betting on horse racing
After becoming experienced in betting on football or another popular sport, it would be a wasted opportunity to ignore horse racing, as it’s one of the best sports to bet on and it offers constant availability for those interested in getting involved. Unlike all other sports, horse racing takes place throughout the day and all around the world, with far more flexibility over when you choose to bet.
Not only will you find flexibility over when to bet on horse racing
, but you’ll also see a lot of options for how you choose to bet in terms of the horse racing betting markets on bookmaker websites. This is another reason why it’s so popular, with there never being a time where the action slows in momentum like you’ll see with football’s dreaded international break, which regularly ruins the excitement surrounding betting on league games.
Horse racing betting markets
While betting on other sports typically consists of teams or players to win their next fixture, you’re given the option to back horses to win and place. Getting behind a horse to win is as self-explanatory as it would be with any other sport but it’s important to work out how each-way horse betting works before trying it yourself. Some experienced punters would go as far as saying that betting on horse racing is enhanced through placing money on a horse to place, as you’ll still receive a portion of your winnings based on the resulting position.
As for more advanced horse racing betting markets, you’ll be able to start making riskier bets after getting some experience with the most basic win and place bets. The bookies will offer stronger odds based on the number of selections you include and the prices of each selection you add into your bet, so you’ll eventually be able to build your own horse win accumulator or place longshot tips when you’ve found enough horses you fancy to win or place.
It would be fair to say that the most advanced horse racing betting market is the Lucky 15, which consists of four teams but a total of fifteen different bets. This works by all four horses being tied to each other through four singles, six doubles and a four-fold accumulator. The risk is far higher as your stake will also be fifteen times what it would be for a typical win bet to account for every part of the bet, but you could still take some winnings even if only a couple of your selections win.