How To Bet on Horse Racing

   There are many reasons why some people love horse races. Some only watch them for pleasure, others love to partake in it either by riding horses themselves or placing bets on various aspects of the races, and this is especially popular with the popular races like Cheltenham (which is why many of us see Cheltenham Odds everywhere nowadays!). When it comes to the latter part, we really love horse-riding, as you already know, this is how the two of us met. We love going to the championships and showing our skills at the arenas. However, some people only enjoy the betting part, and that’s fine really – not everyone can practice this sport!

            With a lot of practice behind us, we often see how many new people come to arenas and try to bet on horses – and while they sometimes do a good job, most of the time they are just confused and have no idea how to actually properly bet on horse racing. That is why today, we thought about writing an article that would encompass some of the basic rules you need to know before and when you decide to bet on horse racing. Have in mind that we’re not saying that this is how you will win – these are just some suggestions on how and what to do when you start out.

1.      You need to make an account for betting.

We know that this is logical, but you wouldn’t believe us if we told you how many people actually wanted to place a bet without creating an account online. Before deciding to place any bets, you need to decide on the app or website of your choice that would provide you with the possibility to do so. Once you have your account, you are ready to go! (This of course doesn’t work for when you go to the real casino where you don’t need to do this.)

2.      Be informed about races!

Just so you don’t bet on any random horse, it’s important for you to know not only stats and general information about the horse you’re betting on, you need to know a lot about its jockey and the race it participates in in general! That means that you will have to know the racetrack schedule and the daily racing form! Once you have your information, you will be ready to place a bet.

3.      Place your bets!

When it comes to horse race betting, you have to know that it is a little bit different when compared to general sports betting. Generally, in sports betting what you go against is the sportsbook, right? Well, when it comes to horse race betting, you are competing against the other people who are also betting, which is why you need to be careful. What can be useful for placing your odds can be the morning line in which the track officials publish what horses have the best odds for the races of the given day. However, we would like to point out that these odds don’t have to be necessarily correct – and we’re sure you know it. Make sure that you know who you want to bet on and, dare we say, don’t always pay attention to the morning line.

4.      If you don’t win one bet – you can win others!

There is not only a race bet when it comes to horse racing – there are many other places you can bet on. For instance, you can bet on the show bet which pays out if your horse finishes 1^st, 2^nd or 3^rd.