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Horse Racing in Sports Betting

Horse Racing in Sports Betting

About Horse Racing

Horse racing is one of the oldest types of bets in the world. There is every reason to believe that the Ancient Greeks and possibly even Ancient Egyptians had bets on their nags. Horse racing was often considered a royal pastime, but now it is easily one of the most common types of sports bets you can make.

There are those who have a punt on their favourite horses every single week (some even every day), but for most of us, betting on horse racing is a one-time-a-year event. We each have our own favourite races, but even people who would consider themselves non-gamblers will have a crack at horse racing during such huge events as the Grand National, or the Kentucky Derby.

Betting on Horse Racing

If you’re hoping for a crack at a race, then you need to know the terminology. Of course, a Win is backing your horse to win. If your horse wins, so do you. It really is as simple as that. Meanwhile, a Place Bet means that if your horse finishes within a predetermined number of spots of the winner, you will win. The place is usually determined by the bookie. An Each-Way Bet is a combination of both of the aforementioned bets, and will pay out depending on how well your horse fares.

Players may also choose to place Double, Treble, or Accumulator Bets. Double bets involve betting on two horses (both must be placed to receive a win), whilst a Treble involves betting on three horses (again, all three must be placed). An Accumulator Bet involves betting on four or more horses, all of which must be placed.

Other horse racing bets exist, too, but they are usually reserved for expert horse racing bettors, and aren’t necessarily for you to have a punt on your favourite nag. More information about these more obscure bets can readily be found in any number of quality books written on horse racing bets.

Betting tips and strategies

If you happen to be placing a bet in the United Kingdom, then there is a wealth of options open to you, which you can use to place bets at a bookie. For a kickoff, national newspapers will be able to offer you advice and red-hot tips on their favourites. They will also be able to tell you why they have come to that conclusion.

Another option is to look up the running list, and check out the horses for yourselves. Look at form, weight, stamina, trainers, and even the jockey who will be riding the steed. The type of race also plays a part in your chances of success. Proper handicap steeplechases such as the Grand National take their toll on horses, and a reasonable number will either fall, or fail to finish. You should check that your horse has been able to handle courses as challenging as the one he or she is currently about to undertake. Again, though, the national newspapers or horse racing fansites have usually done that homework for you, though.

Major Horse Racing events

Arkansas Derby
Arlington Million
Belmont Stakes
Breeders’ Cup Classic
Breeders’ Cup Distaff
Breeders’ Cup Sprint
Breeders’ Cup Turf
Dubai Duty Free Stakes
Dubai World Cup
Epsom Derby
Kentucky Derby
Kentucky Oaks
Melbourne Cup
Pacific Classic
Preakness Stakes
Prix de l’Arc de Triomphe
Santa Anita Handicap
The Florida Derby
The Grand National
The Haskell Invitational
Travers Stakes
UK Horse Racing Triple Crown
US Triple Crown of Thoroughbred Racing

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