Horse races have been popular since the dawn of time. The unpredictability of the races and the thrill of watching the horses go at it has always been popular for the working class Joe and the elite. There are hundreds of races taking place across the UK and the world every year, with some being quite rewarding and significant. Nowadays, some of the best horse races offer prize purses worth millions, so it’s a pretty lucrative sport as well.
The only thing that trumps the prizes are all the bets placed each year. Even though recent reports suggest a fading revenue, betting on horse racing still generates millions every year. On the bright side, there are so many bookies today with special horse race offers that might help you win big without spending money from your pocket. Additionally, special features such as cash out and the such will help you win far more often than ever before regardless of your betting experience. Get your Coral cash out offer today and use it to win on your favourite horse races. We promise it’s going to be worth it.
Of course, before you delve deeper into the world of horse racing, you need to learn more about it. Horse race betting isn’t as simple as football betting, for example, due to the different types of bets and rules.
How to Bet on Horse Races
Horse race betting is a bit different than betting on any other sport. The main difference is in the bets themselves. You can, of course, place a bet on a horse to win the race, but you can also predict the horses that land on the first two or three places.
Then there are the so-called exotic bets. Far more valuable than simple bets, these bets offer a much better value. If you’ve ever heard of trifecta, exacta, superfecta or quinella, they are the bets that fall under the exotic bets category.
The three basic bets in horse racing are win, place, and show. The win bet is self-explanatory – you’re predicting on a single horse to win the race. When it comes to the place bet, you’re essentially choosing a horse to win the race and finish first or second. It’s similar to the show bet, in which your horse needs to finish first, second or third for you to win.
The place and show bets tend to have lower odds than the win bet since you have a few options to win.
Exotic bets are all the rage in horse race betting. Most of them are derived from the exacta bet, which allows you to choose 2 horses that will finish first and second. The trifecta allows you to pick the first three horses to pass the finish line, while the quinella allows you to pick 2 horses that finish first or second in either order. To win a superfecta, you need to correctly predict the first 4 horses to finish the race. Hi-5 is the last exotic bet – by now, you probably understand what needs to happen to win with this bet.
Multi-Race Exotic Bets
We’re far from finished when it comes to horse race bets. Once you master the exotic bets, you can bet on daily doubles or pick 3, 4, 5 or 6 winners in consecutive races. Of course, the odds for these bets are quite enticing and can bring you a more-than-solid return.
Once you learn how to bet on horse races like a pro, you can then move on to handicapping. It’s a great way to improve your odds to win and find new approaches to identifying the winner.