Our expert reviewers have tested hundreds of online sports betting sites, assessing security, payout speed, bonuses and more. Find the five that came out on top below.
How we Review the Best Horse Racing Betting Sites
The team of experts at Casino.in know exactly what a good sportsbook should offer, and strive to provide everything a user needs to know before they place an online horse racing bet. At Casino.in, online gamblers interest’s always come first, and our team work tirelessly to ensure that they rigorously test every sportsbook they recommend. Some of the important elements of a site they look at are described below.
An Introduction to Horse Racing Betting
Horse racing betting has been around for an incredibly long time, and it’s the sport most associated with the betting industry. Whether it’s at the track or online, bets are made on pretty much every horse race in the world. Understanding the rules of a race is incredibly simple, however we’ve outlined them for you below, just in case you’re completely new to online horse race betting in India.
How to Sign Up to a Horse Racing Betting Site
How Horse Racing Betting Odds Work
Horse racing betting odds can be scary at first, however they actually work in a very simple way. Check out the odds of the three favourite horses from a real race below - afterwards, we’ll go through exactly how to read and understand them.
Geranium: 2.10 (11/10)Geetanjali: 3.75 (11/4)Seascape: 6.50 (11/2)
The lower the decimal or fractional value, the more chance the sportsbook thinks the horse has of winning. So, Geranium is the clear favourite in this race.
To work out odds, multiply your bet by the horse’s decimal odds. So, a 100-rupee bet on Geranium would lead to a prize of 110 rupees, while the same bet on Geetanjali offers a prize of 375 rupees. 100 rupees on Seascape has a prize of 650 rupees.
If you’d prefer to use fractional odds, divide the first number by the second, then multiply by the stake. So, Geranium’s odds are worked out by dividing 11 by 10 and then multiplying by 100 rupees. You then need to add on the stake.
We would recommend using decimal odds, as they’re quite simply the easiest to work with. If you see moneyline odds, avoid them - they’re mainly used in the USA and are far more complicated.
The best way to start understanding odds is to head to a sports betting site and make some small bets. You can then see exactly how much you win when a bet is a winning one.
How to Bet on Horse Racing
Betting on horse racing doesn’t have to be difficult - simply pick the bet you want to make, choose how much to wager, and then confirm your bet. If you’d like some tips on horse racing betting online, keep reading. We’ll also let you know about some of the most commonly placed horse racing bets.
Most Popular Online Horse Racing Bet Types
Win bet – This is the easiest bet to make - simply select the horse and rider you think will win the race.
Place - A bet on a horse to place means that you think it will finish in one of the first two places.
Show - This is the same as a place bet, however you also win if your horse finishes in third position.
Each way - When you bet on a horse to finish in the top 3, 4 or 5 (race dependent). The bet is double a standard win bet.
Across the board - When you bet across the board, you make three bets, all of the same size and on the same horse. They are on a horse to win, place and show.
Quinella - This is when you bet on the two horses to finish in first and second. You do not have to predict their finish order.
Exacta - This is when you bet on the two horses you think will finish first and second. You must also predict the order they will finish.
Trifecta - When you bet on the horses you think will finish first, second and third. You have to predict the exact order they’ll finish.
Pick 3/4/5 - This is when you bet on the winner of consecutive races at a race meet. So, a pick 3 would see you trying to predict the winner of 3 consecutive races.
Horse Racing Betting Tips & Strategies
Use an app - There are loads of horse racing betting apps for mobile gamblers and they are incredibly useful. You can use them to bet with, plus you can also browse markets and deposit/withdraw money.
Know the form - The best horse racing gamblers have huge knowledge of horse racing. This allows them to make educated predictions. If you want to consistently win, immerse yourself in the horse racing world.
Consider each way bets - Each way bets are great if you’re not too sure of a horse’s chances. This is because you’ll win a prize if the horse finishes anywhere near the front of the field.
Best Horse Racing Events
There are loads of horse races for online sports betting enthusiasts to enjoy, both in India and worldwide. Below are eight of the biggest.
In its simplest form, you just pick the horse you think will win and then place a bet. If that horse does indeed finish in first place, you’ll win a prize. How much money you win depends on how much you bet, as well as what the odds were. You’ll find the best odds at our recommended online sports betting sites.