Welcome to the horse racing betting section of SportsBetListings.com, your ultimate sports betting resource. This section provides a great deal of information on a sport where betting is simply part of the culture.
Horse racing is still going strong with race tracks around the world hosting several races daily that you can place bets on online. Different sportsbooks cover different race tracks throughout the year, while almost all of our recommended online bookies cover the biggest races of the year such as the Kentucky Derby, Belmont Stakes, Preakness Stakes and Grand National.
Horse racing is a very exciting sport for bettors because all of the action takes place in just a few minutes. The Kentucky Derby tagline says it best “the most exciting two minutes in sports”. Below we will explain how horse betting works while touching on some of the more common horse race betting types and also provide you with some tips and strategy to help you win money betting on horses online.
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How To Bet On Horses
There are many different types of horse racing bets that you can place on every race. The most common types of bets are the win, place and show bets. These bets are the most straight forward because they involve one horse and where he/she finishes in the race. A win bet requires the horse to win the race, a place bet requires a top two finish and a show bet requires the horse to finish in the top 3. Obviously the payout for a win bet will be significantly more than the place bet, which will pay out more than the show bet.
If you are interested in winning a huge payout betting on horses then exotic horse race betting should interest you. Exotic horse betting involves wagering on the order that horses will finish the race. The four main exotic bets are quinella, exacta, trifecta and superfecta. The quinella bet involves choosing which two horses will finish the race first (order doesn’t matter). The exacta bet also involves picking which two horses finish the race first, but the order matters (you must select which horse finishes first and which finishes second). With a trifecta bet you must pick the top 3 horses and the order they finish, while with a superfecta bet you must select the order of the first 4 horses. Exotic horse racing bets can be very difficult to win, but the payouts can be enormous, especially if you win a superfecta wager.
It is also important to note that horse race betting uses the parimutuel betting system, rather than fixed odds. This basically means that everyone’s wagers go into a pool and the payouts for each horse can change until the betting pool closes, with the payout for each horse depending on the total amount risked on that horse.
Triple Crown Horse Races
The Triple Crown is extremely popular in North America and the three Triple Crown races get extra special attention from horse race enthusiasts every year. These races attract many new casual horse racing bettors that have heard about the hype and want in on the action. To learn more about betting on these specific Triple Crown races follow the links below:
Every sportsbook online will offer lines for the Triple Crown races, but if you are interested in wagering on daily races from specific tracks from around the world you are also in luck. A variety of online sportsbooks offer daily odds from specific race tracks in North America and around the world. These sportsbooks will generally have a unique “racebook” section on their website where you can see which tracks they are offer horse race betting from for that day. The great thing about online racebooks is you can bet on any horse race you want from around the world from the comfort of your own home. Certain sportsbooks will even broadcast the races so you can follow the action right there at your computer.
Our top rated sportsbook for horse racing betting would have to be BetOnline.ag. They offer odds from a good selection of tracks in the United States and also offer a daily rebate of 7% on all internet wagers. Another great racebook for Americans is TwinSpires.com because it is the official racebook of Churchill Downs racetrack, however only US residents are able to open accounts. For those of you wanting to bet on horse races in Europe I suggest Bet365.com because they offer a wide variety of race tracks, especially in the UK.