Indian gambling enthusiasts- welcome to our guide about horse race betting! Horse racing is a very popular sport in India with a rich and long-lasting tradition. Since there where horse races, people were betting on those very same races. Horse race betting has been a great pastime for hundreds of years. The king of sports, as they also call it, has been drawing massive audiences to the racetrack and television for quite some time. Hearing the fans shouting, dirt flying, and horses galloping is one of the best parts about horse racing, but so is betting on horses. Today, in the modern era of the Internet, you can make bets on horse races at a lot of betting websites. Indian gambling admirers can bet on many sports betting websites, with websites like Betway being one of the best ones for this.
It is a sport that is especially adored by betting enthusiasts, as they are the ones who enjoy it the most. Betting on horses is one of the first gambling forms, and it is still well-known in the gambling world. This sport mostly relies on prize money and the sponsorship which gets from various betting companies that actually keep this sport alive.
In this guide about horse race betting, we will give you all the necessary information that you have to know about horse racing and how to bet on this sport. If you’re not quite familiar with this racing, but you’re eager to learn about it, then this guide would be the best place to start. We will cover many topics about such as how to get started with it, different types of bets, certain tips and strategies that will be helpful, and much other useful information that will be of great assistance to you once you begin with horse race betting.
Without delay, let’s start!
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How To Start With A Right Horse Race Betting Site?
Horse race betting is a very thrilling form of gambling, that will definitely get your adrenaline pumping. But, before you start betting on horse races, it is highly recommended that you completely understand the rules, types of odds, and various strategies about this sport so you can begin to bet on it as quickly as possible. We’ll give you a list of things that you have to know when you start with horse race betting.
- Finding an online sportsbook– the first thing that you should do is to find an online sportsbook that will completely suit your betting needs. Right now, there is a big number of high-quality online sportsbooks, and sportsbooks like LeoVegas are reliable and safe for horse race betting enthusiasts. Once you decide at which online sportsbook you’ll be betting, make an account and deposit some funds on your account so you can start making bets.
- Understanding the rules– just like all the sports out there, it also has its rules and forms. So, before you even begin to bet on horse races, you have to get familiar with the rules of this sport. Once you understand the rules, no one would be able to stop you from getting some big prize money from betting on horse racing.
- Horse race betting has a lot of types of bets- It has many options on which you can bet on. Study all types of bets, and then you can pick a bet with which you think you can win some big money.
Choose The Best Horse Race Betting In India?
In this section, we will present to you a list of things towards which you have to keep an eye out when you choose a horse race betting website.
The Reputation Of The Bookmakers And Casinos
Nowadays, you can find hundreds of online sports betting websites. Some websites are known in the betting business, while most of them aren’t so famous. Therefore, there are a lot of online sportsbooks that aren’t reliable and safe for Indian gambling aficionados.
So, the most important thing for every punter is that his funds and personal information are in safe hands at a reliable online sports website. Because, when the horse on which you placed a bet on wins, you would definitely like to get your money immediately without any unwanted delays or complications. The best thing to do is to look for an online bookmaker or a casino that has a reputation for being trustworthy. Also, the bookmakers and casinos that are reliable are often licensed by the best regulatory companies in the world. Look for an online sports website that is regulated by companies such as Curacao eGaming, Malta Gaming Authority, UK Gambling Commission, etc. You should know that there are many trustworthy online sports betting websites, and Bodog is one of the finest.
The Security Level Of The Bookie Site
Every online bookmaker must declare the level of security with which the funds on your account are protected.
The Register of Protection of Funds has been published in late 2017, which ranks online bookies by the level of protection:
- Basic– there is no extra protection whatsoever, and the funds would be seen if the bookie goes bankrupt.
- Medium– there is extra insurance to protect the accounts if the business goes bust.
- High– the money in the account is held separately and cannot be seen as a part of the company if the bookie goes bankrupt. The money is completely controlled by an external auditor.
The Types Of Bets Offered
Here are the most popular types of horse racing bets.
- Win, Place, Show– the basic principle of this bet is to choose a horse, and if the horse ends up in the right position, you will win some money! If you, for example, select a certain horse to win the race, you will only win your bet if the horse you chose is the winner of that race. A place bet is the type of bet when you place a bet that a certain horse will finish first or second. If the horse you chose finishes the race first or second, you will win that bet. The show bet is the type of bet where you place a bet that a particular horse will end the race in the first three spots. If the horse finishes the race in the first three spots, you will win the bet. The upcoming horse racing events in India are races in Hyderabad, Kolkata, Mumbai, and Bangalore. Indian horse race betting enthusiasts can be ton international horse races, but mostly they can bet on local horse races. Indian gambling enthusiasts can select a variety of sports betting websites, and one of the most well-known websites is Spin Sports.
- Exotic betting– an exotic bet is when you place a bet on multiple horses at the same time. Below you will find the different types of exotic bets.
- Quinella– you bet on two horses simultaneously to either finish the race first or second.
- Exacta– you pick which horse will end the race first, and which horse will end the race second. If they finish the race in that order, you will win the bet.
- Trifecta– you choose three horses, and you place a bet that all three horses will finish in the first three spots.
- Superfecta– you choose four horses, and you place a bet that all four horses will finish the race in the first four spots.
- Daily double– you place a bet where you choose a winning horse for two consecutive races.
- Pick 3– you place a bet where you choose a winning horse for three consecutive races.
In India, punters will be able to bet on live horse racing events in the famous live shows called Racing 1 and Sports Kings.
If you’re new to horse race betting or you’re a highly experienced punter, you should always seek for an online bookmaker that has high-quality customer service because your ultimate goal would be to make the whole betting experience fun and stress-free. The customer service must be kind and professional to the bettors and help them answer every question they have about horse race betting and betting in general. Here are the forms of communications that every customer service must have:
- Live chat
- Phone support
- E-mail support
Also, it would be best if the customer service is available 24/7, so you can ask them anything about betting anytime you want.
Is Horse Race Betting Legal In India?
The Supreme Court in India, back in 1996, has decided that horse race betting should be legal in India. So, yes, it is legal to bet on horse races in India.
What Is Live Horse Racing Betting And How To Do It?
Live horse race betting is one of the most exhilarating gambling experiences. Mainly because the race usually lasts a maximum of two minutes, so you would have to be quick on the trigger. Follow these steps so you can make live horse racing bets:
- Buy the racetrack program with all the info about the jockeys and the horses
- Choose your horse
- Choose the type of bet that you’ll be placing
- Then, place your bet
Where To Find The Top Horse Racing Odds?
Today, there are many online sports betting websites, but few of them are as good as the ones below. Here are some short reviews about the best online bookmakers.
Winning Horse Racing Strategies For Indian Punters
Here are some strategies that will get you some wins while betting on horse racing in India:
- Recent winners– this is a simple but effective strategy. Find out which horses have recently won some races and bet on those horses.
- The beaten favorite– bet on a horse that lost the race, but was the favorite in the previous race. This means that the horse is still a top contender that can win races
- Make research about the horses and jockeys that participate in the race.
- Incorporate various types of bets, and you should use them strategically.
- Bet on multiple races so you can have greater odds of winning.
Horse Racing Betting FAQ
Horse race betting is a favorite pastime among many gambling enthusiasts, and everyone should try it. Pick a website, and start betting on horse races!