Guide to Horse Racing Betting
Horse racing is a sport with a rich and long tradition. It’s known as the sport of kings and it has been around for hundreds of years. Today, it’s extremely popular in many parts of the world, attracting the interests of people from all walks of life. Racing takes place throughout the entire year, in several different countries, and many of these races draw huge audiences both to the racetrack and on television.
The sport is especially popular among those who like to bet, as betting is an integral part of horse racing. It always has been in fact. Betting on horse racing is one of the oldest forms of gambling there is, and it’s still a pastime that’s enjoyed by millions of people. For many fans of the sport, it’s the betting on races which makes watching them so exciting. The sport of horse racing relies on the prize money and sponsorship that comes from the betting industry to keep the sport alive.
In this horse racing betting guide, we’re going to teach you all about the sport and how to bet on it. If you don’t know anything about horse racing, but want to learn, then this is a great place to start. We cover all the basics that you need to know plus we provide some very useful strategy and advice as well. There are no guarantees that you’ll be able to make money from your betting, but we can certainly help you get on the path to success.
This guide also contains information and advice relating to online horse racing betting, including our recommendations for the best gambling sites to use. There’s some general information on the sport too. We cover how it works in different parts of the world and provide details of all the major events and races.
Everything this guide covers is fully explained below. You can read through the page in full, or jump straight to any of the following sections that may be of particular interest.
The Basics of Horse Racing Betting
There are effectively two parts to this first section of our guide. One part serves as an introduction to the sport of horse racing, as it’s advisable to have at least a reasonable understanding of the sport before starting to bet on it. We’ve written about the various forms of racing that take place around the world and we also cover the different breeds of racehorses. In addition to that, we’ve explained all the jargon that’s used in the sport.
The second part of this section is all about the betting side of things. There’s an article that explains how to bet on horse racing and another that goes over all the different bets and wagers you can place. There are also articles featuring some strategy and advice that are essential reading if you want to stand a chance of making money.
We recommend that you start with this section if you know very little, or nothing at all, about horse racing and how to bet on it. The following summarizes everything it covers.
- Types of Racing
- Racehorse Breeds
- Horse Racing Jargon
- How to Bet on Horse Racing
- Bets & Wagers
- Strategy & Advice
It’s also worth mentioning at this point that betting on horse racing is similar in many ways to betting on any other sport. There’s a lot of information and advice in our sports betting guide that can also apply to horse racing betting, so you may also want to take a look through this.
Betting on Horse Racing Online
The basics of horse racing betting haven’t changed too much over the years, but the way in which people bet on the sport certainly has. Ever since it became possible to bet over the internet, more and more people have chosen to bet on horse racing in this way. Although the traditional methods of placing a wager are still widely used, the use of horse racing betting sites has proved to be incredibly popular.
There are several advantages to betting online, with one of the most obvious being the convenience factor. You can place your wagers at any time of the night or day, with just a computer and internet access. We must stress that it’s very important to use the right gambling sites. There are plenty of options and they aren’t all of the same standard. The following is a selection of our top recommendations.
We have ranked the best sites for certain regions too. If you live in the United States, the United Kingdom, or Australia, then you might want to check out the following recommendations.All Recommended Sites
We’re adding the best sites for specific races and events, too, so that you can easily find the very best sites for exactly what you want to bet on.
In addition to recommending the best places to bet, we also have a small section which explains more about betting on horse racing over the internet. It covers all of the following topics.
- Advantages of Betting Online
- How We Rank Sites
- Advantages of Betting Online
- How We Rank Sites
- Choosing Where to Bet
- Online Betting FAQ
General Horse Racing Information
Although you can have plenty of fun gambling on horse races while knowing only the basics, it’s never a bad idea to expand your knowledge of the sport as much as you can. You’ll certainly want to do this if you have any ambitions of making money from your betting. To be successful when betting on horse racing, you almost need to be an expert on the sport.
In the following sections of our guide, we provide some general information on the sport that’s both interesting and useful to know. We’ve focused primarily on three regions where horse racing is particularly popular (the US, the UK, and Australia), but we’ve covered several other parts of the world as well.
Horse Racing in the United States
- Regulation & Control
- Famous American Thoroughbreds
- Major US Racetracks
- Major US Races & Events
Horse Racing in the United Kingdom
- British Racing History
- Flat Racing
- National Hunt Racing
- Major Races & Meetings
Horse Racing in Australia
- History of Australian Racing
- Racing Board & Regulation
- Melbourne Cup
- Australian Derby
The Risks of Horse Racing Betting
One of the reasons why betting on horse racing is so popular is that you don’t actually need to know very much to get involved. There’s a lot to learn if you want to take things seriously and give yourself a good chance of making money in the long run, but it’s really simple to get started. Plenty of people enjoy just placing the occasional bet on big races without knowing much about the sport at all, which is perfectly fine.
This guide will help you whether you plan to bet on racing regularly or just every now and then for recreation. However, there’s a really important point that we want to leave you with, as this is something that you absolutely must understand before you even think about betting on horse racing.
This might seem like an extremely obvious point to make, but it’s one that we think we should mention regardless. Horse racing betting is a form of gambling and, like any form of gambling, there’s risk involved. Bettors must be prepared to lose every wager they place, even if they truly believe they have picked the winner. You can make a profit through betting on horse racing if you’re good enough, but there will always be some level of risk involved.
Even the world’s biggest expert on the sport isn’t guaranteed to win every bet they place. In the same way that a football match isn’t always won by the best team, a horse race isn’t always won by the best horse. In any case, there’s usually some degree of prejudice concerning which the best horse might be in any particular race.
We don’t bring this point up to turn you away from the idea of betting on horse racing but we want to make sure you understand the risks involved before you get started. It’s vital that you always gamble responsibly and risk only money that you are prepared to lose.