Basic tips to develop on how to bet horse racing online

Horse Racing Bet Types

There are many ways to place bets on horse racing, from straight-forward 'Win' bets, to 'Win and Place' and more special bets. Some examples are given below.

'Win' betting: Your bet will only win if the horse you are betting on wins the race. For example, if you bet £10 on a horse at odds of 4.000, bet on it to win, and the result is the same, you will get back £50 - £10 stake plus £40 bonus.

Win & Place betting: A Win & Place bet is essentially a combination of two bets, one betting on the horse to win and the other betting on the horse for “place” (race place). Taking a "place" can mean finishing second, third or fourth, depending on the number of horses in the race. Sometimes, in events like the National Showjumping, there are six positions in a race.

When placing a bet, you will see a 'Win & Place' option on your horse card, which will show you how many positions there are in total and the percentage of odds that a position will be paid out (for example, the top four horses will receive quarter odds).

If you bet "Win & Place" on a horse at odds of 20.000, a $10 "Win & Place" bet will pay $20. If the horse wins the race, you'll get $270 back - $200 for win, $50 for position (paid at quarter odds), plus $20 for the original stake.

If the horse finishes 2nd, 3rd or 4th (in this example) then you get $60 back - $10 position stake plus $50 position bonus (paid at quarter odds).

'Place' betting: You can choose to bet 'Place' on horse racing. In this type of betting, the odds of finishing the race in the top three (maybe top four or more, depending on the number of horses in the race) are fixed for each selection, so-called fixed stakes. If you bet on a horse to finish in the top 3, as long as it finishes 1st, 2nd or 3rd, your bet will win and the payout will be settled according to the odds you bet on, regardless of What is the finisher's ranking for this horse.

Special Betting

A prop bet is a type of bet involving multiple horses in a horse race. These include doubles and triples, which are the most popular special bets.

Forecast: In a forecast (also known in some places as a streak), you pick the first and second-place horses in the official finish order of the race. For example, if you bet on a 2-4 ditto, your bet will win when horse number 2 finishes first and horse number 4 finishes second. You can also bet on a reverse forecast. In this type of bet, as long as your selections finish first and second in any order, your bet will win - but be aware that the reverse doublet doubles the stake, which is a $5 A reverse forecast pays $10 because you are actually betting on both outcomes (2-4 and 4-2 in this example).

Tricast: In a Tricast (also known in some places as a Trifecta), you need to pick the horses that finished first, second and third in the race in the correct order.

Ante Post Betting

Anticipatory betting is usually open for various major events of the year, such as the Cheltenham Festival and the British National Jumping Championships, classics such as the 1,000 Guineas, 2,000 Guineas, Derby and Oaks Flat racing for the event.

Anticipatory bets are also regularly opened before major racing festivals such as the Royal Turf Club or 'Shining Goodwood'.

While it is possible to enjoy higher reward odds in anticipation bets, bettors must also carefully assess the greater risk involved, as anticipation bets are non-refundable, even if the bet option does not end up in the scheduled game.

Horse racing betting strategy

As with making a bet on any sport, a successful bettor may have an approach thought as to the way to make investments in their money/time. Everyone from informal fans to expert bettors must have a concept of what facts they need to digest earlier than placing a bet.

In the contemporary virtual age, greater facts than ever earlier are to be had at the pressing of a button in relation to making calls. Here's a top-level view of a few subjects which could assist tell your choices earlier than making a bet on horse racing.