Betting on horse racing

The horses racing has a rich history. In Roman times, the first horse races were already organized. The jockeys have to try together with their horse to cross the finish line first. The horses reach high speeds, so that an average horse race is soon over again. The horse races are organized all over the world and are also available from the online bookmakers. For a very long time, the enthusiasts have been placing bets on the horses. In this article we tell you more about horse racing and online betting.

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How does betting on horse racing work?

Betting on horse racing soon? Then it is good to know how that works approximately. Below is the most important information.

Step 1

Choose a LEGAL bookmaker

There are several legal bookmakers available, as The New Zealand Gambling Authority licensed several providers. Read the review and register is easy. Set the necessary limits and verify the personal data. Signing up takes a few minutes.

Step 2

Choose a horse race

Then the player can choose one of the horse races. There are several opportunities per day, as the competitions take place all over the world. Pay attention to the surface and the length of the track. These are essential components that can make a difference for the participating horses.

Step 3

Betting on a horse

There are multiple bets available for the players who want to place a bet on a horse race. For example, bets can be placed on the winner, but also on a top 3 ranking. The odds clearly show which horses are the favorites for the win.

Step 4

Watch the horse race live

Some online bookmakers also offer a live stream of the relevant horse race. The player will then have the opportunity to watch the match after the placed bet. In addition, it is nice to see the horses themselves in action, the information can come in handy later.

Horse betting strategy

There are multiple strategies available for betting on horse racing. One of the best known strategies is the "Beaten Favourite Strategy". The bettor must first do some good research. See which horse is the big favorite and then research its competitors. It is possible that one outsider may have received a higher rating, because the horse finished in 2nd place in the previous race. It can happen that just that horse had a bad day and has a good chance of winning. It is also possible to bet on several outsiders, but not on the favorite. The odds are higher, but it's a risk.

The newcomer to horse racing can also bet, despite the lack of knowledge and experience. It is wise to follow the quotes. For example, you can bet on the favorite or several favorites in different races. Combining the odds can also result in higher odds.

Where to bet on horse racing?

Betting on horse racing is possible at various online bookmakers. Some gambling operators received a license from The New Zealand Gambling Authority. These providers are legally allowed to offer bets on sporting events, including horse racing. An advantage of the legal providers is that the player can safely bet on horses and does not have to pay a gambling tax.

Where are the current odds?

The current odds are offered at the legal online bookmakers. These are licensed gambling operators. The odds can change quickly and can be found on the provider's website. The odds may vary by bookmaker.

Horse racing livestream

There are some New Zealand legal bookmakers that offer a live stream in addition to the bets. You can watch the horse race live. That might cause a little more tension. However, it can also help, because the bettor can gain knowledge about the participating horses. Watching Live gives the viewer information that can help with the next race of the horse in question.

Important points in a horse race

The enthusiast who decides to bet on a horse race must first do research. First of all, one should look at the top speed of a horse. Speed is usually an essential factor, but not by definition decisive. Other points that the bettor should pay attention to are the surface of the race and the length of the track. For example, a speed devil may perform less well on a certain surface, while other horses perform better on a long distance. It can be compared with the tennis , with some tennis players preferring to play on gravel rather than grass.

The most famous horse races in the world

The New Zealand horse races are organized at Duindigt in the municipality of Wassenaar. Major local competitions are held, such as the ‘Grand Prix of the Low Countries’. The biggest horse races take place elsewhere in the world. Below we have listed the most famous races:

FIFA World Cup

The Royal Ascot Hotel

Melbourne Cup

Japan Cup

Pegasus World Cup (United States)

In 2017, the Pegasus World Cup was held for the first time ever in Florida. The best horses in the world came to the event. That was also for good reason, as the prize pool consisted of 16 million dollars. Every year in January, the Pegasus World Cup will be organized.

Starting position of a horse

The horses are placed in one of the 20 starting positions prior to the race. At most competitions there will be a draw, from which it can be determined at what position a racehorse should start. Most major races are run with 20 horses, but there are also races with fewer participants. The first position is on the very inside of the track, while the last position is on the outside of the track. Remarkably, more than 70% of horses win a race when they start between second and tenth position. Only in exceptional cases does a horse that starts on the inside on the outside win in the horse race. It is something to take into account when betting on horse racing.

Best known bets on horses

There are several types of bets that can be made on horse racing. The most famous bet is "winning". The player then has to predict which horse will win the match. The prize pool will then be shared by the players who made the correct prediction. The online bookmakers usually offer a fixed odds. However, there are even more possibilities for betting on horse racing:

Place : the player bets on a top 3 position for one of the participating horses.
Winning + Place : combinations consisting of the winner and a top 3 position (two different horses)
Double winning : winning horses from two separate horse races.
Duo : horses must finish in 1st and 2nd place, player must also predict the correct order.
Torque : horses must finish in 1st and 2nd place, order not applicable.
Sundanese : two horses that need to achieve a top 3 position do not apply.
Trio the player must correctly predict the complete top 3, including the order.

The best tips for betting on horse racing

Research is important

Horse races are organized daily in almost all parts of the world. It will often happen that the bettor has no idea which horses and surface it is about. In that case, research is very important. See the horses 'speeds, favorite surfaces, jockeys' latest results, and many other stats.

Quotes don't say everything

A quote does not say everything. Even a favorite with an odd of $ 1.10 can still lose. A jockey or a horse cannot have his day and perform less, while an outsider, on the contrary, can stunt. So don't just look at the odds, but also listen to the feeling. There are also enough connoisseurs who share their tips with the enthusiasts on a forum or social media.

Use a strategy

There are several strategies that can help a bettor a hand. In equestrian sports, a surprise is always possible. A strategy is available in which the player looks for the hidden gems, i.e. the outsiders with a reasonable chance of winning. There can also be a combination bet placed on multiple favorites.

Written by

Lucas / iGaming Expert

If you say sports betting and iGaming, you say Lucas. As a true football fan - AZ Alkmaar is his club-he delved into everything that has to do with online sports betting and iGaming over the past 12 years. Lucas knows all bookmakers by name and plays the latest casino games every week. Not only playing games has his interest: he likes writing about them just as much. For more than six years, Lucas has been writing several news articles and reviews about iGaming related topics on a daily basis.

Frequently asked questions about horse racing betting

This can vary greatly by horse race. There are races with, for example, eight participating horses, but also horse races with 20 participants. It is useful to check that prior to the bet.

That is entirely up to the player himself. The quotes show which prices are opposite a bet. Simply by taking more risk, a player can also win higher prizes. However, the chance of winning is greater when betting on the favorite.

A bet on a horse race is already possible from 0.10 dollars. The player can make it as crazy as he or she wants. However, only play with money that can be missed and do not take unnecessarily high risk.

Betting on horse racing

Best online casinos for horse racing betting

Horse racing betting: live

How does betting on horse racing work?

Choose a LEGAL bookmaker

Choose a horse race

Betting on a horse

Watch the horse race live

Horse betting strategy

Where to bet on horse racing?

Where are the current odds?

Horse racing livestream

Important points in a horse race

The most famous horse races in the world

Pegasus World Cup (United States)

Dubai World Cup (United Arab Emirates)

The Royal Ascot (England)

Melbourne Cup (Australia)

Japan Cup

Starting position of a horse

Best known bets on horses

The best tips for betting on horse racing

Research is important

Quotes don't say everything

Use a strategy

Frequently asked questions about horse racing betting

How many horses are in a competition?

💰 What can a player win by betting on horses?

💵 How much does a bet on horses cost?