Horse Racing Betting Guide for Beginners

Despite the growing popularity of more and more sports, horse racing still holds an important place when it comes to betting. As online betting makes it more convenient and easier for you to place and win bets, the following guide is the first thing you should read to help you understand the basic horse racing betting guide, and then improve it later. Let’s learn about horse racing betting with 66WIN right away!

Horse Racing Basics

Horse racing takes place at professional racetracks with two or more horses controlled by jockeys. Horse racing is considered one of the oldest sports since Ancient Egypt and has become a royal sport in England and many other countries around the world.

To win the glorious victory of the match, the rider must control his horse to jump and overcome barriers to win. Horse racing has no scoring system during the competition. Players can find many different ways of horse racing, but in general, there will always be two main types of racing – Flat racing and Obstacle racing.

Flat racing – Horses will race on a track that is a straight line or an oval track without fences or obstacles. These simple races do not last more than 3 minutes.

Obstacle racing – These are races that last longer, up to 7 or 10 minutes of the match. Horse racing requires tactics to overcome obstacles and other competitors to reach the finish line. The Grand National is one of these horse races.

Important Horse Racing Betting Terms

In addition, some names that you will often hear when betting on horse racing that you need to know:

Trainer – Is the person who takes care of and prepares the skills of each racehorse before the match. This person makes daily decisions about tactics for the racehorse as well as considers and chooses the appropriate racetrack for each horse.

Jockey – The person who directly rides and controls the racehorse in the match, they receive advice from the horse racing trainers. The victory of each racetrack is often most clearly reflected through these jockeys.

Speed data – This is a useful tool the abilities of racehorses fairly when calculating different lengths of the racetrack or weather conditions. Speed figures help adjust each horse’s race time to help players easily compare and consider when applying to the current track.

Important Betting Angles in Horse Racing

Beginners bet on horse racing emotionally on the name of the horse, the number they like, or the back of a famous rider. But to bet professionally, you need to have an overall view of aspects. The following betting angles or methods can be used as tools to evaluate the entire horse race and betting.

Horse racing trainers’ action trends

Trainers always have clear strategies to master every situation in the race. Therefore, understanding the direction of their actions and strengths will give you an advantage. You always need to carefully study the statistics not only of the racehorse but also of these trainers.

The decision of the jockey

50% of the importance of the match lies with the jockey because he is the one who chooses the horse and also the one who accompanies the horse to overcome obstacles. It is no coincidence that good jockeys often have professional representatives, because they are the ones whose job is to help the jockey choose the horse with the best health and skills. And the horse that the jockey chooses is the factor that you need to consider when choosing to bet on that horse.

Having the highest speed data

It is easy to understand that the fastest horse or the horse with the highest speed data often wins the race. There are many different speed data tables in horse racing, such as Equibase, Trackmaster, Bris, Beyer, and TimeFormUS, that you need to choose the type that you feel is most suitable to follow.

Bet on the second or third race after the end of the layoff

Racehorses often have a period when they have not participated in any race for many months (layoff period). Therefore, trainer spend a lot of effort to prepare these horses for their return to the track. The most suitable time to bet on these horses is in the second or third race, because they will need time after the first race to regain their best racing form.

The Most Popular Horse Racing Bets You Should Try

There are many types of bets you can find at online bookmakers. Here, we will outline the most popular ones and explain how they work:

Straight bets

Straight bets involve betting on a single horse and can be placed in three types:

Win Bet – Win bets only win if the horse you bet on finishes first. The payout will be determined by the bookmaker on the results board. For example, if you bet 100,000 VND on horse A at odds of 5/1, you will win 500,000 VND and receive your bet back 100,000 VND.

Show Bet – This is a simple bet with the highest winning odds. You will need to bet on a single horse and win if that horse finishes first, second, or third. These bets have a modest payout ratio in return.

Place Bets – This bet is a bet on a horse, and you win if it finishes first or second. If you are more confident, you can choose Place bet over Show bet for higher odds.

Double Bets

Place/Show or (Win/Place) Bets – This is simply a combination of two single bets. For example, in a Win/Place bet, if the horse you bet on finishes first, the payout is at the odds for both Win and Place.

Across the Board Bets – This is a bet where you bet on Win, Show, and Place. If any of the results come out, you are paid at those odds.

Exotic Bets

You can place these exotic bets on a single track or multiple tracks. This is a combination of multiple single bets for you.

For single tracks

Exacta – Choose to bet on two horses to finish in the exact order of first and second. The odds of winning this bet are quite difficult, and the payout is also quite high for you.

Quinella – This is a similar bet to Exacta, but you do not need to choose the finishing order for the two horses, as long as the two horses you choose come in first and second.

Trifecta – This bet is quite difficult to win and requires the player to choose three horses to finish exactly in first, second, and third place.

Superfecta – This is the most difficult bet in the odd bets on a racetrack. To get this very high payout, you must predict four horses to finish in the exact order.

For multiple races

Daily Double – You choose to bet on a racehorse to win in both consecutive races. This is an opportunity to earn a higher payout than if you only bet on one race.

Pick 3 – You will need to bet on a racehorse to win in 3 consecutive races. This bet is also known as a Classix bet, and you can further increase the difficulty of the bet to Pick 4 (win 4 races in a row) or Pick 6 (win 6 races in a row, and extremely unlikely).