How do I get started on horse racing betting?
Horse racing is one of the oldest betting events and undoubtedly one of the most popular among bettors and traders. In this article, we give you some basics to help you place your first bets on this exciting discipline.
How to get started on horse racing betting?
As in any discipline, the first thing to understand comes to a few major differences between several betting options. In horse racing, a win bet means your horse has to come in first place. A place bet means your horse can come in first, second, third or fourth. Please always check the rules of To Be Placed markets as the number of winners varies from race to race.
Can I place Lay bets on horse racing?
Yes. Lay bets are available on Betkeen, on all events including horse racing, you can Back, Lay and use the Cash Out function.
I am a beginner, how do I pick a horse?
- First, try to get used to read the race day program: you will see a section for each race with the statistics and history on all the horses taking part in a particular race.
- Check at which class levels the horse has been racing at: maiden races, claiming races, allowance races, or stakes races. Horses move up and down classes throughout the season depending on their performance.
- Past performance on specific surfaces. Some races have natural dirt and grass, others have artificial tracks. Horses do not perform the same on each surface.
- Data on jockeys. If a jockey usually comes in first, second, or third no matter what horse he is riding, it is evidence of talent. If a good jockey is riding a horse for the first time that has consistently finished in the middle of the pack, placing a place bet on that horse might be a smart bet.
Try not to bet on every race. Instead, be patient and get familiar with horse racing and its subtleties. With time and experience, you should be able to make money.
Through this article, we also remind you that Betkeen is a betting exchange platform owned by Easysportbet and shared between our users. It is an exclusive service with the best payout rate of the gambling industry, ideal for sports betting and sports trading. If you have ever thought about accessing Betfair, Matchbook, Smarkets to become a soccer trader, tennis trader or an expert on horse racing, you might know what a betting exchange is. If not, please refer to the following article: Betting exchange FAQ.
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