Win, place and show bets are the most popular type of horse racing betting, and this guide explains exactly what each is and the payouts you can receive. For those needing a concise introduction to horse race betting, familiarise yourself with the ‘how to bet on horse racing’ guide. No real gambler has missed an opportunity to to bet on a horse race, this is why we are introducing you the top horse racing betting sites.

Horse betting sites online display one of the oldest sports on the planet. Horse betting has always been considered the sport of kings and nobleman. Luckily, nowadays, betting on horses is much more accessible to people who are not members of royal families. Placing wagers on horses participating in races is today much easier than it used to be only a few years ago, since you no longer have to actually be present at the racing field. You may now bet on your favorite horse from the comfort of your own home through a horse race betting website and enjoy the show online – broadcasted live on your wide screen TV.

Horse Betting Sites for 2021

Of course, when it comes to putting real money at stake, you cannot simply trust the first sports betting website that you stumble upon. To get an extra security that your wagers are safe, you need to look for an online betting company with a proven reputation. Only top rated horse betting sites on the internet can provide you with a guarantee that your money is in good hands.

Don’t limit yourself with betting on horses competing only at your local racetrack. There are hundreds of competitions worldwide worth betting on, so it will be much more convenient for you to find a sports betting online platform that you can use to place wagers internationally.

Unfortunately, when you have that many opportunities you may easily get confused while choosing the best online horse betting sites. In order to help you get a secure access to all the major tracks for horse betting on a global scale InternetBettingSites.org has created a Top 5 ranking to rate the most trusted and fair sports gambling sites. The following list is created on the basis of thorough online research as well as bettors’ reviews and recommendations. It serves to display only loyal online betting companies. Choosing one of these web casinos will certainly boost your positive sports gambling experience.

Horse Race Betting Page Summary

If you want to know more about horse betting sites and finding a secure way of doing it, you will certainly find the following information worth reading. Here are just a few of the things that will be discussed in the following paragraphs:

• Horse Betting bonuses
• The criteria used to rate the quality of international horse betting or other sports gambling websites
• Why do you need to go for a recommended online horse betting platform
• Horse racing event types
• Major global horse racing events in 2017
• Bonus and deposit withdrawal policies

Reading the following information may not guarantee you the jackpot but it will certainly help you select a decent sports gambling website. It should also aid you create a successful winning strategy for the horse racing events in the year to follow.

On What Basis Are These Horse Betting Websites Regarded as Excellent?

Having so many horse betting sites nowadays is both an advantage and a drawback for the full-time sports game bettors. Having a wider choice is definitely a plus but it can also be quite disturbing to pick the right site when there is “so much fish in the sea”. Unfortunately, the gambling website quality control has been neglected recently and online betting fans have started complaining from scam companies. Luckily, InternetBettingSites.org came into play to present a list of fully checked and reviewed horse betting sites which have been considered by many visitors to be reliable and easily accessible. We are not just another company oriented towards offering gambling services ourselves but a team of dedicated bettors gathered to create rankings aimed at helping the global online gambling society.

We are constantly creating new top lists and updating our current selection of rankings in order to boost your positive sports gambling experience. Our team helps the betting community discover fair gambling opportunities that pay off well at horse betting sites.

In order to win our trust, online betting sites and casino websites need to have an established reputation, access to a wide amount of racetracks, lucrative promotions and many more competitive advantages. Here are the factors that we usually go for when searching for top web gambling sites to rank:

• Reliability and customer oriented loyalty
• Wide range of money deposit opportunities
• Rewarding bonus systems
• Website ease of use
• High chances for winning real money
• Excellent customer care service

The Benefits of Choosing a Trusted Top Ranked Horse betting Website

Although many people believe that the site through which they place real money horse betting wagers is of no importance, it’s actually quite the contrary. Choosing a trusted website can certainly take your gambling experience to a whole different level. Most companies offer an average customer care experience, decent graphics, an HD live race broadcasting, and a well-organized site navigation menu. But is that all that you are really looking for? When searching for a gambling website to deposit your money in, you’d better be extra cautious and demanding.

Don’t just randomly sign up at the first horse betting sites that you come upon. Always trust only the top recommended ones in order to avoid an eventual disappointment. The safety of your betting funds depends on your initial decision. Attractive odds and generous sign up bonuses may attract you to scam online gambling sites but you should also pay attention to other factors and take the time to read some customer’s reviews for the respective company before you commit to it.

Always compare at least 2 or 3 recent customer’s reviews to get an up to date picture that reflects the current quality of the services provided by these respective websites. Some online gambling companies that used to offer competitive service quality and bonuses may now be substituted by better ones. Even though that type of research may take an extra hour, the reward that you get for investing it is definitely worth the time. What’s more, you can always count on websites like InternetBettingSites.org that have already done the research for you and have created various top rankings to assist you find the right sports betting website in your area.

Horse Racing Betting Apps

Working with some of the best online horse betting sites guarantees you a high investment return, especially if you use horse betting apps for a positive gambling experience, fair cash-out policy, excellent customer care service, and much more. Try horse racing betting apps once, and you will never want to return to your old online gambling routines!

Horse Betting Online – What Are the Different Types of Horse Racing That You Can Bet on?

Horse racing is a sport with a great history that dates back from the Ancient times. The first official data about horse racing competitions is related to the Greek Olympics in the 7th century B.C. This noble sport has been practiced by many nations all over the world which added supplementary rules or excluded some of the existing ones. That’s why, this sport has undergone a big evolution through the centuries. Now racetracks around the world host different types of horse races. Here are a few of the main ones you can find on horse betting sites:

• Thoroughbred horse racing. This type of racing is popular predominantly in England, Australia, and the US but its popularity is rising all over the world. In fact, this is currently the most common type of horse racing that you can enjoy via traditional or DFS sports gambling websites. Thoroughbred horses are professionally trained race horses and they have a long breeding history. The competition is run at a distance between 5 and 12 furlongs. There are two main types of Thoroughbred horse racing: Flat racing and Jump racing.
  
• Flat racing. This type of racing as suggested from its name is taking place on flat surfaces like turf and dirt. Despite Britain, international races of this type nowadays take place in Japan, Dubai, as well as in other big Asian countries.
  
• Jump racing. This type of racing involves jumping over obstacles, including wooden and metal fences, ditches, as well as hurdles. In some areas, it is also known as hunt racing and is times more hazardous than flat racing. The countries where this type of horse racing is traditionally practiced are:
  
• Harness racing. This type of racing is not as popular as the other ones since it involves racing by a two-wheeled cart. The name of this type of cart is sulky. The most popular races of this kind are held in France and respectfully enjoyed mostly by French online gamblers.
  
• Point to point racing. This is an amateur horse hunt racing competition held primarily in Great Britain, Wales and Ireland. The horses used for these games are not necessarily thoroughbred and can be at the end of their racing career.
  
• Endurance racing or Arabian horse racing. This is a specific sport which requires the participating horses to have excessive stamina. These types of races vary from short sprints to long distance competitions with a race track length of more than 100 miles. There is an International Federation that supervises this sport.

The types of horseback races may also vary according to the countries where they are held. US and Australia, for instance, classify and group races in a different way. Not to mention that the required particular race-horse conditions are usually contrasting.

Which Are the World’s Top Horse Racing Events This Year

If you have been long enough into the business of horse racing betting sites to develop gaming skills, you already know that international competitions from the professional league can bring you much higher return on investment. If you are looking for an opportunity to win big money by simply placing a wager from the comfort of your home, then you definitely need to know a lot about the global racing event calendar. Although most of the horse betting sites on the internet offer a complete list of the annual racing events worldwide, our team has decided to summarize and mention the most important ones here.

• The American Triple Crown of Thoroughbred Racing held in the USA annually in May and June. This event includes three races in Kentucky, Maryland and New York.
• The US Breeders’ Cup Classic. This is one of the most prestigious races worldwide. Each year, the championship is held at different racetracks around the United States of America.
• The British Classics at the Epsom Derby Festival. Held in early June every year, this event attracts sports bettors from continents. It encompasses 5 imposing races and engages a big number of professional online gamblers.
• The Grand National Jump Race in the UK. Although it is held in Britain, it is believed to be the most famous horse racing competition on the Earth, followed by the Cheltenham festival race, also held in the UK.
• The Melbourne cup. This race has a history of over 50 years. It is held in November and is celebrated as a national holiday.
• The Dubai World Cup. Although this horse race cannot boast with a long history and traditions, it is quickly gaining popularity due to its wealthy and well-healed jackpot. Its prize fund has reached $10 million which makes it an attractive target for most experienced sports gambling specialists.

Of course, these are only a few of the major global championships. There are plenty of other horse races that you can place your wagers on. You may be lucky to win the prize at a small-scale local competition. The substantial thing that you need to do in order to cash-in your money, however, is to discover the best online betting sites for horse racing in your area and stick to them.

What Are the Options When Depositing Real Money into Horse Betting Sites

To credit your betting account after you have chosen the sports gambling site that you like, you can either use your credit card or perform a direct cash transfer. Almost all online casinos support both options. Unfortunately, bettors from the United States may sometimes have a problem inputting their first deposit through their credit card. In that case they can transact money in cash through Money gram or other platforms. In fact, non-US citizens are far less limited in their money transaction options. European bettors, for example can take advantage of various e-Wallets like PayPal, Skrill, Stripe, WePay, Payoneer, etc.

Actually, what makes a gambling website reliable is not the option to deposit money through various ways, but to cash out your winnings successfully whenever you want. If the online casino that you have used to place sports bets on, is not responding quickly to your prize withdrawal requests, then this should ring the bell that you may not have chosen the right online betting partner.

Horse betting sites with an established reputation and an extensive list of satisfied users are the sites which can transact your winnings to your bank account whenever you need them. This process should be easy, if the website you are using is reliable. The most trusted web casinos offer a free reward cash-out. This free withdrawal processing, however, is usually not available more than once a month. If you would like to cash-out money more frequently, you may have to pay a small transaction fee.

Keep in mind that no matter how loyal and solid an online casino is, it may have its very own financial policy. In order to make sure that your investment is in good hands and that you can confide your funds to that respective sports betting company, you’d better double check the terms and conditions of the site in advance. To get instant answers to all of your questions without losing too much time navigating through the website, you may contact the customer support agents of the company. Most decent horse betting sites have a landline or a live chat that you can use to reach a customer care agent 24/7.

A helpful customer care team is one of the key factors to determine whether an online casino should be trusted or not when comes to horse races. Of course, bonus systems, and the ease of website navigation should also not be underestimated. The balance between those factors can actually illustrate how a decent sports gambling website should look like. If you want to be 100% certain that you have made the right choice, don’t forget to also check the rankings for horse betting sites created by InternetBettingSites.org. Our team is here to serve you when you need to quickly elect a trusted local web casino!

Horse Racing Info-Links

1. 10 Tips for Horse Racing – Form Study (Improve Your Strike Rate)
2. Horse Racing Analysis and Form Study (South Africa’s №1 Tipster)

Betting on horse racing or horse betting^[1] commonly occurs at many horse races. It started in the UK in the early 1600s during the reign of King James I.^[2] Gamblers can stake money on the final placement of the horses taking part in a race. Gambling on horses is, however, prohibited at some racetracks. For example, because of a law passed in 1951, betting is illegal in Springdale Race Course, home of the nationally renowned Toronto-Dominion Bank (TD Bank) Carolina Cup and Colonial Cup Steeplechase in Camden, South Carolina.

Where gambling is allowed, most tracks offer parimutuel betting where gamblers' money is pooled and shared proportionally among the winners once a deduction has been made from the pool. Parimutuel betting also provides purse money to participants and a considerable amount of tax revenue, with over $100 billion being wagered annually in 53 countries.^[3][4][5]

In some countries – notably the UK, Ireland, and Australia – an alternative and more popular facility is provided by bookmakers who effectively make a market in odds. This allows the gambler to 'lock in' odds on a horse at a particular time (known as 'taking the price' in the UK).

Types of bets[edit]

In North American racing, the three most common ways to bet money are to win, to place, and to show. A bet to win, sometimes called a 'straight' bet, means staking money on the horse, and if it comes in first place, the bet is a winner. In a bet to place, you are betting on your horse to finish either first or second. A bet to show wins if the horse finishes first, second or third. Since it is much easier to select a horse to finish first, second, or third than it is to select a horse just for first, the show payoffs will be much lower on average than win payoffs. If there are a small number of horses in the race, show or place bets may not be offered (or if bets have already been made, they are cancelled and the wagered amounts refunded).^{[citation needed]}

In Europe, Australia, and Asia, betting to place is different since the number of 'payout places' varies depending on the size of the field that takes part in the race. For example, in a race with seven or less runners in the UK, only the first two finishers would be considered winning bets with most bookmakers. Three places are paid for eight or more runners, whilst a handicap race with 16 runners or more will see the first four places being classed as 'placed'. (A show bet in the North American sense does not exist in these locations.)

The term each-way (E/W) bet is used everywhere but North America, and has a different meaning depending on the location. An each-way bet sees the total bet being split in two, with half being placed on the win, and half on the place. Bettors receive a payout if the horse either wins, and/or is placed based on the place criteria as stated above. The full odds are paid if the horse wins, (plus the place portion), with a quarter or a fifth of the odds (depending on the race-type and the number of runners) if only the place section of the bet is successful. In the UK some bookmakers will pay for the first five (some independent firms have even paid the first six) for a place on the Grand National. This additional concession is offered because of the large number of runners in the race (maximum 40). Occasionally other handicap races with large fields (numbers of runners) receive the same treatment from various bookmakers, especially if they are sponsoring the race.

The rough equivalent of the each-way in North America is the across the board (win/place/show) or win/place bet, where equal bets on a horse are made to win, place, and show (or just win and place). Each portion is treated by the totalizator as a separate bet, so an across-the-board bet is merely a convenience for bettors and parimutuel clerks. For instance, if a $2 across-the-board bet (total outlay of $6) were staked on a horse which finished second, paying $4.20 to place and $3.00 to show, the bettor would receive $7.20 on what is essentially a $6 wager.

In addition to straight wagers, 'exotic' wagers offer bettors an opportunity to incorporate the placement of different horses in one or multiple races. The two broad types of exotic wagers are horizontal and vertical. Horizontal exotic wagers are bets on multiple horses in one particular race, while vertical exotic wagers involve predicting results across multiple races. Both have specific options for which bets are available and are detailed below.

In the most basic horizontal wager, an exacta, the bettor selects the first and second place horses in the exact order. Picking the first three finishers in exact order is called a trifecta and a superfecta refers to the specific finishing order of the top four horses.

Boxing is a tactic that increases the odds of winning an exotic wager by removing the need to choose the exact order. A quinella, which boxes an exacta (allowing the first two finishers to come in any order and still win), is the basic box, but boxing can be applied to the trifecta and superfecta as well.

A wheel is a bet on a single horse is to finish in a specific position, with multiple horses finishing ahead and/or behind it. In a sense, a win bet can be thought of as a specific type of wheel bet.

Vertical bets are spread over different races. A daily double is an exotic wager placed on the winner of two consecutive races. Picking the winner of three, four, five or six straight races is referred to as a pick-3, pick-4, pick-5 and pick-6 respectively.

Betting exchanges[edit]

In addition to traditional betting with a bookmaker, punters (bettors) are able to both back and lay money on an online betting exchange. Punters who lay the odds are in effect acting as a bookmaker. The odds of a horse are set by the market conditions of the betting exchange which is dictated to by the activity of the members.^[6]

United States[edit]

In the United States, the states with the largest pools are California, New York, Kentucky, Florida, Maryland and Illinois in no particular order.^[7]Betting on horse racing in the United States varies from state to state. By the late 19th century over 300 tracks were in operation in the country but those opposed to gambling caused the banning of bookmakers and horse racing at the beginning of the next century. In 1908 pari-mutuel (tote) betting was introduced, helping the industry to prosper and that has continued to be the case to the present day. Pari-mutuel betting is currently legal in 32 US states. Due to new legislation horse race betting in the US could change significantly in the near future. The legal market handle on horse racing in the United States in 2018 was $11.26 billion while experts predict the illegal sports betting market could be anywhere from $80 billion to $150 billion annually.^[8]

Kentucky Derby[edit]

Run on the first Saturday in May the most famous horse race in the United States, the Kentucky Derby, takes place at Churchill Downs and is known as ‘The Run For The Roses.’ The one mile two furlong contest dates back to 1875. $149.9 million was wagered on the race in 2019, beating the previous record amount of $139.2 set 12 months earlier. $24.6 million of that total was gambled online.^[9]

Hong Kong[edit]

Hong Kong generates the largest horse racing revenue in the world and is home to some of the largest horse betting circles including the Hong Kong Jockey Club founded in 1884. In 2009, Hong Kong generated an average US$12.7 million in gambling turnover per race 6 times larger than its closest rival France at US$2 million while the United States only generated $250,000. Betting on horse racing is ingrained in local culture and is seen as an investment.^[10]

During the 2014-2015 racing season the Hong Kong Jockey Club attracted about HK$138.8 million (US$17.86 million) per race more that any other track in the world. The revenue the club generate from various wagers makes it the largest taxpayer for the government.^[11] Hong Kong Jockey Club broke its own record during the 2016-2017 season with a turnover of HK$216.5 billion and paid the government HK$21.7 billion in duty and profits tax, an all-time high.^[12]

Australia[edit]

Horse Betting Show Place Win

A government survey in 2015 found that nearly one million Australians (5.6% of Australian adults) gambled on dog or horse racing in Australia. Most were men aged between 30 and 64 who had a typical yearly expenditure of $1,300 on race betting. Nationally, typical annual race-betting expenditure amounted to roughly $1.27 billion.^[13]

Horse race betting in New South Wales (NSW) is conducted by bookmakers (at race meetings and via telephone) and Tabcorp (tote betting at racecourses and through various retail outlets including the internet). In 2014 it was estimated that $300 million alone was bet on Australia’s most famous race - the Melbourne Cup.^[14]

United Kingdom[edit]

Horse Racing Show Betting System

Betting on horse racing in the UK is wide and varied. Unlike most other countries where the pari-mutuel system is in operation the UK’s version - the Tote - accounts for only a small percentage (in the region of 5%) of the total betting turnover. Between April 2017 and March 2018 off-course horse racing betting turnover in Great Britain amounted to £4.3 billion.^[15] The majority of the money wagered on horse racing in the UK is with bookmakers, either in betting shops or online. In 2018 there were 8.5 thousand betting shops in Great Britain. This figure is expected to decrease significantly in 2019 when government restrictions on Fixed Odds Betting Terminals (FOBT’s) comes into force.^{[citation needed]}

See also[edit]

References[edit]

1. ^Paul M. Anderson; Ian S. Blackshaw; Robert C.R. Siekmann; Janwillem Soek (28 October 2011). Sports Betting: Law and Policy. Springer Science & Business Media. pp. 186–. ISBN978-90-6704-799-9.
2. ^'A History of Horse Gambling'.
3. ^NTRA Wagering Technology Working Group in conjunction with Giuliani Partners LLC (August 2003). 'Improving Security in the United States Pari-Mutuel Wagering System: Status Report and Recommendations'(PDF). National Thoroughbred Racing Association Web Site. National Thoroughbred Racing Association. Archived from the original(PDF) on 2008-02-28. Retrieved 2008-02-17.
4. ^McKay, Brett & Kate (2012-05-03). 'How to Bet on Horse Races for Beginners'. The Art of Manliness. Retrieved 2018-03-07.
5. ^Levith, Will (2013-04-03). 'Read This. Win So Much Money at the Racetrack'. Thrillist. Retrieved 2018-03-07.
6. ^David-Lee Priest (October 2008). Against the Odds: A Comprehensive Guide to Betting on Horseracing. Raceform Limited. ISBN978-1-905153-94-7.
7. ^Tony Warren (2009). Betting on Horse Racing: No Experience Necessary. AuthorHouse. ISBN978-1-4490-2800-8.
8. ^'TIF Reports: Horse Racing and'Legal'sports Betting'. Racingthinktank.com. 2019-02-01. Retrieved 2019-03-30.
9. ^'Record Kentucky derby numbers show why US sports betting needs to be online'. Legalsportsreport.com. 2019-03-21. Retrieved 2019-03-30.
10. ^'Hong Kong's hardcore gamblers'. CNNMoney. Retrieved 2018-03-07.
11. ^Balfour, Fredrick (2016-02-22). 'Hong Kong Horse Racing Is Serious Business'. Bloomberg.com. Retrieved 2018-03-07.
12. ^Mok, Danny (2017-09-01). 'Hong Kong Jockey Club has record-breaking year'. South China Morning Post. Retrieved 2018-03-07.
13. ^'Racing betting in Australia'. Australian Institute of Family Studies.Australian Gambling Research Centre 2001-10-31. 2019. Retrieved 2019-03-30.
14. ^'Proof Australia is a nation of punters, with a record $26 billion spent on race and sports betting this year'. Dailytelegraph.com.au.NSW. 2014-10-25. Retrieved 2019-03-30.
15. ^'Annual turnover of off course horse race betting in Great Britain from April 2008 to March 2018 (in million GBP)'. 2018. Retrieved 2019-03-06.

Win Place Show Horse Betting