Horse racing is one of the most intimidating betting competitions for beginners. Many newcomers feel like this sport might need a swerve mathematician to get the best of it. The bets can also be slightly confusing once you get past the traditional options.
So, with that in mind, we have prepared this beginner's guide to help you bet on horse races like a decorated pro. You'll discover how the odds work on top horse racing competitions and the best place to bet on this sport.
Before you learn how to read horse racing odds, it's vital to understand how this sport works in most bookies. Here is how a basic bet in this sport works: identify a horse to bet on in a competition and place a bet. If your horse wins the race, your ticket will cash out.
But unlike traditional sports betting odds, betting on horses uses a pari-mutuel system. This means punters bet against each other instead of the bookie. A horse that most bettors back to win has a lower payout. Remember that the odds can change dramatically depending on the public betting trend.
Having said that, there are several horse racing betting tips and strategies that you must always keep in mind. They include:
With so many horse racing betting apps accepting punters from India, it can be challenging to find one that fits the bill. The best betting app must tick boxes like mobile compatibility, promotions, security, customer support, and offer multiple racing events.
After a thorough review, we have settled on 1xBet as one of the best racebooks in India. This bookie has an excellent reputation for offering competitive odds in hundreds of horse racing events. Here, you'll find odds in multiple events in the United States, United Kingdom, France, Turkey, Ireland, and other countries.
At 1xBet, you can bet on your favourite horse to win the match and receive a payout. This is exclusively labelled the "Winner" bet on the betting app. Placing this bet is relatively easy. Find a race that you want to bet on before adding your preferred horse to your bet slip. You'll cash out if the horse wins the race.
Other betting markets on the bookmaker include:
Interestingly, the bookie provides general information about specific horses to help you make a more informed wager. Click on the horse's name to find stats like the manager, previous races, injury reports, etc.