Online Betting on Horse Racing

The Basics of Horse Race Betting

Watching horse races and doing horse betting on such races are whole different things and they do require some investment from your side, in terms of time and attention, but if done right, horse betting can bring you a lot of money on the long run. However, the basics of horse betting on such races include several things, and the first one that we can tell you is that you need to do a lot of research. If you don’t watch the sport and follow the news, we suggest that you start doing it now. Besides this, we can also suggest doing horse betting on races while having all the information in your mind. This includes making your decisions and prediction based on facts that you know, not simply because you believe something will happen. And these rules are applicable in other types of sports betting as well.

Knowing where to find the latest horse races and the best betting odds to maximize your wagers is also crucial. Kiwis, who are also horse racing enthusiasts, can head over to, to discover the best online casinos in New Zealand. They are a review site with years of experience offering honest and unbiased reviews meant to help the player. In addition to the in-depth assessments, bettors can find exclusive promotions and bonus codes that ensure they get the most out of their bets and win even greater real money rewards. So, if you’re looking for the best online horse races and wagers in NZ, this is the site for you.

Types of Horse Racing Wagers (and Your Chances of Winning)

One of the most important things about horse betting wagers is that horse events have different types of bets that you can make, and these all change the chances of winning you have.

First, you should know that the wagering on the outcome of horse races is the main reason why this sport exists, and the system has changed in the past. However, nowadays, all betting is done using a pari-mutuel wagering system. This one was developed by a Frenchman named Pierre Ollen in the 19th century, and still exists. Under this system, a certain sum is taken out for the costs of the races, whereas the other money is divided proportionally between the correct guesses. The odds on the other hand, are projected somewhere where everyone can see, and usually, the odds of 2-1 mean that those who bet $1, will gain a profit of $2 if they make a correct guess.

Those who like to do horse betting on such races can place different bets. For instance, they might predict that a horse will win the racing event (finish first), they might wager place (to finish first or second) or show (finish first, second or third). There are other horse betting types that are popular like the daily double which means picking the winners of two consecutive racing events, exactas – or picking the first and second horse in order, quinellas – to pick the first and second horse to finish the racing event in either other, or to pick six winners of consecutive races. All of these types of bets can have different odds, thus, win players different amounts of money.

Helpful Facts for Betting Strategy

If you want to have a strong strategy, you need to use all resources, info and tips given to you. Besides doing research and making objective predictions, the best way to build your strategy is through using the online casinos benefits. Legal online casinos are great for sports betting because they have numerous casino bonuses. These casino bonuses can increase your money for sport betting, and you can improve your strategy while winning real money prizes. Of course, you’ll have to fulfill the wagering requirements and terms, but it is still a great benefit to use the casino bonuses.