Betting on Horse Races: Top Bookies, Markets, and Strategies

Horse Racing Betting – What is It?

Such a betting process involves wagering on results of various horse races that occur worldwide. Users can follow every event within:

• Kentucky Derby (USA);
• Grand National (the UK);
• Melbourne Cup (Australia).

In such events, the thrill of the race is combined with a strategy since enthusiasts need to consider jockeys, track conditions, and other nuances. Among numerous horse racing betting markets, “Win” is the most straightforward one. Users simply bet on a participant they believe will finish first. There are also “Place” and “Show” stakes, which reward if the animal finishes in the top two or three, correspondingly.

At the same time, advanced gamblers can start with “Exacta” (picking the top two finishers in order) and “Trifecta” (selecting the top three). With such a variety, online horse racing betting sites provide diverse opportunities for everyone.

Top 5 Betting Platforms

If you are passionate about this sport but unsure which bookmaker to select, we’ve got you covered. At BetGurus, we stay connected to the online betting scene. So, here we have the five best horse racing betting sites, which guarantee a safe, fair, and profitable experience. Simply check their reviews and pick your best candidate!

LibraBet

The platform was launched in 2018 with the goal of making racing predictions available anywhere. Today, LibraBet is accessible in 65+ countries, namely Finland, Norway, and Germany. Approved by the Government of Curaçao, it boasts a wide range of horse racing events within the Dubai World Cup and Breeders’ Cup.

Some races are available in a live mode opened with the corresponding button on the website. The latter ensures smooth navigation, and users can switch to English, French, Spanish, and other languages. If you decide to join LibraBet, remember to claim a 100% welcome deal of up to 100 EUR.

Sportaza

This is a trusted bookmaker which offers plenty of betting options. Registered customers access pre-match and in-play wagers on:

• Horse Racing;
• Cricket;
• Table Tennis;
• Football.

The bookie’s activities are regulated by the Curaçao Government. The recommended sport is presented in a dedicated tab. There, enthusiasts access horse race odds comparison, statistics, and intuitive navigation across events in Asia, Ireland, Europe, USA, Australia, etc. Before placing the first stake, it’s essential to grab a 100% first deposit bonus (maximum of 100 EUR) or activate a Bet Builder refund of up to 50 EUR.

Spinanga

This is one of the best online horse racing betting sites in terms of promotions. 100% welcome offer, 10% cashback, and 50% Bet Builder are just some of the rewards available today. It’s pretty easy to find them because of the user-friendly site optimized for mobile devices.

The sportsbook includes over 35 disciplines, where horse racing takes the center place. It comes with 150+ events available for line and live betting. Fans can explore every race that occurs in South Korea, Panama, Ireland, and other countries. That licensing and regulation is confirmed by the Curaçao license.

Rabona

Launched in 2019 and licensed by Curaçao, Rabona has quickly become a top-tier betting platform within the 7stars Group. The bookmaker has an intuitive and multilingual (English, Polish, French) website. Yet, gamblers can install the native application on their Android, iOS, and even Windows/macOS devices.

Both the application and site offer instant access to horse racing accumulator bets, line predictions, and in-play experience within:

• Preakness Stakes;
• Epsom Derby;
• Prix de l’Arc de Triomphe.

If you want to boost your chances, grab a 100% first deposit bonus and other rewards.

TikiTaka

Named after a legendary football tactic, brings the widest sports variety to your mobile and desktop devices. Simply visit its site, which supports over 10 languages and guarantees the highest security level.

Being one of the newest betting sites for horse racing (launched in 2024), TikiTaka holds a Curaçao license. Line and live sports matches are accessible in a single click. In both sections, users can find any racing with Royal Ascot, Breeders’ Cup, and other events.

The bonus program is pretty attractive. Everyone should take advantage of a 100% welcome booster (max of 100 EUR), 50% weekly reload, and accumulator boosters.

Betting Markets for Horse Racing

Those who come to this page are most likely unfamiliar with predictions on various races. No worries, we are going to help everyone. Here, we have an overview of the most demanded bet types for this kind of sport.

• Win Bet. This is the simplest wagering form. Choose and bet on a participant to finish the first, and if it does, you will be paid;
• Place Bet. Simply wager on a jockey to finish the race in the top positions, typically 1st or 2nd;
• Show Bet. Here, you have to bet on an animal to reach the top three positions;
• Exacta. This is a more advanced wager where you predict the first and second-place finishers in the exact order;
• Trifecta. Select the first, second, and third finisher in the exact order;
• Each-Way Bet. It combines a “win” and “place bet.” You essentially make two stakes and claim prizes if your favorite either wins or finishes in the placing positions;
• Accumulator/Parlay. This is how you can combine several races into a single wager, requiring all predictions to be correct. Even though such a bet promises significant payouts, it is also associated with a bigger risk.

Now, you know what you want to start with on the best betting sites horse racing, right?

In-Play Racing Experience

Today, many bookies involve in-play (live) betting in their services to transform the horse racing wagering experience. When using such a service, bettors can back their horses as soon as the event starts. Then, they enjoy updated odds/markets and smooth live-streaming.

In-play horse racing betting is perfect for those who prefer to have everything under control. The experience has the following features:

• Live streaming. Plenty of platforms provide live streams of major races, meaning bettors can watch them in real time. With such an approach, they can manage their bankrolls and change tactics more effectively;
• In-play betting. As the race unfolds, live odds and associated markets are continuously updated based on the current standings and performances of animals;
• Cash-out options. With such a tool on top horse racing betting sites, users can withdraw their stakes before the race concludes.

If you have never experienced the live betting experience within horse races, you should try it at least once. Watch the events in real time, take advantage of updated odds, and secure your wins with a cash-out feature.

Horse Racing Betting: Pros and Cons

Surely, betting sites horse racing operators do their best to ensure the best experience regardless of your location. Even though such an experience comes with numerous advantages, it also has some drawbacks. Browse through them so that you know what to expect from your predictions.

Pros:

• Huge variety of betting markets. Best horse racing bookmakers guarantee a giant variety of betting options, from simple win bets to complex solutions like trifectas. Enthusiasts can always find suitable options regardless of their bankrolls and preferences.
• Thrilling experience with live betting. Typically, players can follow races in real time through the live-streaming service, adding an extra layer of excitement.
• International appeal. This is a global sport, with major races taking place year-round in Ireland, Asia, the United Kingdom, Australia, etc.

Cons:

• Unpredictable outcomes. Additional factors like weather conditions and track surface changes can make races quite unpredictable.
• Complex betting markets for newbies. While the variety of markets is an advantage, some wagers can be difficult for beginners to understand.
• Limited in-play betting options. Compared to football, basketball, and other traditional sports, horse racing may have fewer extensive live betting options.

As you can see, advantages are pretty significant.

Strategies for Horse Racing Betting

Wagering on these events is pretty straightforward. Enthusiasts only need to select a horse (or several of them) and adjust their stakes. But they can still boost their chances by utilizing the right strategy. Here are some of the best tactics to utilize on horse racing online betting sites.

• Research the form of participants. Studying the form of animals, jockeys, and trainers is the first thing to do. Check previous performances, race conditions, and other essential details.
• Betting of favorites. Wagering in favorites, you always have high chances. Yet, such stakes come with lower odds. This means that payouts can be frequent, though they won’t be significant.
• Each-way bets. The advantage of each-way horse racing bets is that they allow users to bet on both win and place positions. If the chosen participant doesn’t win, a player can still be rewarded if it finishes in a placing position.
• Track conditions. Always consider these details since they can significantly impact race outcomes. For instance, some animals perform better on heavy tracks, so this understanding will boost your chances.
• Bankroll management. Before jumping into the action, set a clear budget for your predictions and stick to it. Manage your funds wisely to avoid big losses.

By employing the best horse racing tips, bettors can enhance their understanding of the sport and win more with informed decisions.

Conclusion

With a wide range of events, live-streaming options, and excellent bonuses, horse racing offers unique opportunities. But to take advantage of the mentioned benefits, you need a trusted and licensed bookmaker. Finding one can take a lot of time.

Luckily, you can proceed to betting straight away. We invite you to explore BetGuru’s recommended platforms, where you can find the best services associated with betting on local and major horse racing festivals. Follow them with pre-match and in-play predictions and win big with welcome bonuses!