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 all of our recommended betting sites 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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Horse Racing Betting Options
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:
Most online sportsbooks will offer daily odds from certain 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 taking bets on for that day.
Our top rated sportsbook for horse racing betting is 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.
How To Bet On Horse Races Online – 3 Step Guide
Follow these three steps to get your horse racing bets placed online.
Step 1. Join A Betting Site
First you will have to open an account with an online sportsbook that has a quality Racebook. I recommended a few betting sites based on your location above. All of the betting sites we recommend have terrific Racebooks. I will be using BetOnline.ag for the rest of this guide.
Click here to visit BetOnline.ag. Click ‘Join Now’ on the home page and fill out the sign up form to open your account.
Step 2. Deposit
Log into your BetOnline account and click on the ‘Deposit’ button. Select the deposit method you want to use, enter your deposit amount and follow the instructions to fund your account.
BetOnline accepts Visa, MasterCard, American Express, Skrill, Neteller, Bitcoin and more depending on your location.
Step 3. Place Your Horse Racing Bets
It’s time to place your bets.
- Click ‘Racebook’ from the top menu bar.
- Select the track of the race you want to bet on in the left sidebar.
- Select the date, race # and type of bet you want to make (Straight, Exacta, Trifecta, etc.).
- Enter your bet amounts and click ‘Add To Bet Slip.
- When you are happy with the bets click ‘Submit All Bets’ to lock them in.
Ready to bet? Click here to visit BetOnline.ag.
Canadian Horse Racing
I’ve added several guides to betting on several of the horse racing tracks and high profile races in Canada. Check them out below: