How to Bet on Horse Racing – Online Horse Racing Betting Guide, Best Odds and Tips
Visit Stake.com for our complete guide to horse racing betting. Here we’ll explain everything you need to know about horse racing betting, including what events to bet on, what to bet on and some tips to help you pick the winners.
Before you place a bet on any horse racing event at Stake Sportsbook , you need to read up on it to increase your chances of winning.
Horse Racing History
Horse racing dates back to the first Greek Olympic Games in 700 BC. The sport is still played competitively today. Its rich and colorful history is worth exploring.
After this, chariot races emerged in ancient Greece and Rome. In the Middle Ages, thoroughbred horse racing became a pastime for the British nobility and was known as the “sport of the nobility.”
Horse racing was held at iconic racecourses such as Newmarket in England in the 17th century. The Jockey Club was established in 1750 to regulate horse racing.
The first English Classic was held at the St. Leger in 1776. The Epsom Derby made its debut in 1780. From that time on, serious horse racing began to be held on North American racetracks and further afield. By the 19th century, Group 1 races were being held around the world.
What are the big horse races to bet on?
There are many options for betting on horse racing, with many races taking place every year. If you want to bet on the biggest races, here are the races to watch out for on the schedule:
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Triple Crown: The Triple Crown consists of the Kentucky Derby, the Preakness Stakes and the Belmont Stakes, and is a grand event in the American horse racing world. The Kentucky Derby is known as “the most exciting two minutes in sports” and can be said to be the world’s largest and most exciting horse racing competition.
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Melbourne Cup: The Melbourne Cup is Australia’s largest horse racing event. It is held at Flemington Racecourse. It is a Group 1 race for thoroughbreds and is run over 3,200 metres.
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British Classics: The British Classics include the 2000 Guineas, 1000 Guineas, Oaks, Derby and St. Leger’s. These are Group 1 races in the UK for the best three-year-old racehorses in the world.
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The Grand National Steeplechase: Held in April at Aintree, England, the Grand National is a race where 40 horses are put to the ultimate test of steeplechase. More money is bet on the Grand National each year than on any other British horse race.
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Hong Kong Cup: The Hong Kong Cup is one of the most prestigious horse racing events in the world. It is a Grade 1 race for all thoroughbred horses over 3 years old and is raced over a distance of 2000 metres.
How to become a great racehorse?
Horse racing is a sport that is so fascinating because it has so many components. There are many factors that influence whether a horse will be successful in the end. Here are the things you need to know about horse racing:
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Horses: You have to know the horse you are betting on. Is it a colt or filly? What is its pedigree? How old is the horse? How has it performed in similar races in the past? What is its appearance like? What kind of track conditions does it prefer? The more detailed your research on the horse, the more likely you are to pick a champion.
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Jockeys: After the horses, jockeys are the key to horse racing. Like football players, some jockeys are better than others and can handle different horses. Currently, jockeys such as Ryan Moore, James McDonald, Flavien Prat and William Buick are among the best in the sport.
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Horse Trainer: A horse trainer is responsible for training a horse into a potential racehorse. Aidan O’Brien, Charlie Appleby and Bob Baffert are some of the best horse trainers in the world.
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Stables: Some stables have a history of training winners for specific races. Bettors can check out the stable’s past performance before a big race.
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Type of racing: There are two main types of racing – flat racing and steeplechase racing. Each type of racing corresponds to a specific type of track. Bettors need to research how their chosen horses perform on each track before the race. Most races are held on grass, but some are held on dirt.
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Ground conditions: This is a key term in horse racing that describes the conditions of the track at the racecourse. Some horses prefer softer or harder surfaces. Checking the ground conditions before a race can help you pick the right horse to bet on.
There are so many factors that influence horse racing that it can be difficult to accurately outline a race. However, by studying the above, you can make better choices about the horses you bet on.
How to bet on horse racing?
Horse racing has a lot of jargon that can be intimidating to first-time bettors . However, preparation for betting on horse racing is really no different than betting on any other sports. Simply pick a race, do some research, and then pick the horse you think will win.
Each horse race has a racecard (or fixture) which details the horses, jockeys and trainers. You can also view details about the racecourse, race times and the horses’ recent form.
It is worth mentioning that the horse racing card also marks the horses that have won the championship at the racecourse. For example, if there is a C next to the name of the horse on the racing card, it means that it has won the race at the racecourse before. If there is a D next to its name, it means that it has won the same race.
If you are new to horse racing, please follow these simple steps to place your first bet:
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Select an upcoming horse race.
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Read the race card for details of the horses for each race.
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Consider their odds, form and previous performances on the track.
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Decide on your stake and place your bet (details below).
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Watch the game live.
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Cash out all profits.
Before you place your bets on horse racing, create an account at Stake.com. Follow the sign-up prompts to quickly create your account and deposit funds to place your bets. You can then consider the races and bet types described below.
What are the popular types of horse racing bets?
There are many types of horse races you can bet on:
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Win Bet: A single bet on the horse you think will win.
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Regular bets: If you don’t want to bet on the winner, you can bet on a horse’s “place”, meaning you can bet on them to finish first, second or third in a particular race.
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Win and Place Betting: This dual bet is popular in horse racing. You bet on the winning horse and the place of the winning horse.
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Trifecta: This is a riskier bet and is a special bet where you predict which horses will come first, second and third in the race.
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Double Bet: Similar to a Tricast, you only bet on the horses you think will finish first and second.
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Accumulator: Betting on the outcomes of consecutive games, if you guess all the selections you win. In the US this is also known as horizontal betting, as opposed to vertical betting which focuses on the outcome of one game.
How are winnings paid out?
If you win your bet on horse racing, you will win according to your odds, just like in all sports. Please note that win and place bets will only pay out a portion of your odds if your horse only finishes. This is something to be aware of.
Stake.com processes horse racing winnings instantly, which means you don’t have to wait to get your money. In addition, you can store your funds in the Stake Vault as a reserve fund for future horse racing bets on Stake.com.
Can I watch the matches live and place live bets?
Yes! You can watch the biggest horse races from around the world for free on Stake.com. Simply log in to your account to get the best odds and a huge selection of horse racing markets and bet on upcoming races.
If your match is selected for live broadcast, you can watch the action in real time and even place live bets .
What are the best betting strategies and tips?
Now that you know the basics of betting on horse racing, here are some practical tips to help you with your betting:
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Study the horse’s condition guide to find out how the horse has performed recently, especially recent placings.
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Before selecting a winning horse for an upcoming race, consider track conditions and determine which horses prefer to race on soft or hard tracks, or on grass or dirt.
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Analyse the recent performance of jockeys, trainers and horses.
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Before you place your bet, check out our sports betting guide for helpful tips on horse racing betting and other sports.
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Understanding the difference between pre-race betting and live betting can improve your horse racing betting strategy.
Why choose to bet on horse racing with Stake.com?
Stake.com is the leading online betting site for horse racing enthusiasts. You can place bets using fiat or crypto currencies and we offer great odds on all the big horse races.
Before you place your horse racing bets at Stake.com, you can also increase your deposit funds by taking advantage of our exclusive Stake VIP Club and great value sports promotions . For more information, be sure to read our VIP Club FAQ.