Online gambling popularity has gone crazy as of late and is at an all-time high these days. It only continues to grow too as more and more online gambling sites pop up every single day. The amount of competition in the market is great for everyone involved.
It’s a great time to gamble on sports online and that includes those looking for horse racing betting.
Top Horse Racing Sportsbooks in 2019
- 4.9 / 5.0
- 4.7 / 5.0
- 4.5 / 5.0
- 4.3 / 5.0
- 4.0 / 5.0
To say that horse racing and gambling are made for each other is an incredible understatement. Historians aren’t even really sure which came first here as horse racing has a long, rich, and colorful past that has lasted centuries.
However, through the years, playing the ponies has definitely taken a backseat to gamble on the major sports leagues as far as action and popularity goes. Football, baseball, and basketball get all of the attention it seems, but there remains a healthy group of horse racing fans looking to place a wager.
Now more than ever, it is of the utmost importance to be sure you are using the best online gambling site available to wager on horse racing.
This factor is often overlooked and that’s what why we’re here to help you with. Here we have everything you need to know about not only placing a bet on the horses but also where you want to place it.
Whether you are a pro or a rookie, here’s what you need to know when you bet on horse racing online.
How to Bet on Horse Racing
Learning how to properly wager on horse racing is an adventure in and of itself. Just check out any racing form. It’s as thick as a phonebook and is seemingly full of every fact and figure for every single horse in existence.
Betting on horse racing can be intimidating. There are so many things to consider:
- The horses
- The jockeys
- The track conditions
- The track itself and so on…
To make things more daunting, horse racing has a language all its own. To truly understand horse racing, you’ll have to know its terminology:
- Boxing your wager
- Wheeling the winner and so on….
Considering all of this, the best way to learn how to bet on horse racing is to start small and learn as you go.
Horse racing betting is a whole different animal compared to all other sports. However, as with all sports gambling, if you have the winner, you are ahead of the game.
Picking straight winners is a good place to start. You can even start smaller than that and pick a horse to either win, place, show. From here you can build up to the exotic wagers and pick the top two horses in a race or the exacta. And from there you can graduate to even more complicated wagers.
The more information you take in, the more you will not only understand your chances but also your options in wagering. Start with straight wagers and work your way up. You’ll be surprised how quickly you catch on.
What Makes a Good Sportsbook
Finding the best online racebook is probably the most overlooked aspect of horse race gambling. There are many factors to consider before signing up on any site because it is more than just a place to lay a wager. Players who just pick a site and play are already a few steps behind.
First of all, there are many options to choose from and they’re all very different.
Secondly, you should be looking for a racebook that offers plenty of tracks from all across the world. Some racebooks only offer a minimum of races and don’t give you any options. There are many features a good online racebook will offer to make it worth your while.
We’ve created a list of the four most important features you need to look for in order to be sure you are playing the ponies at the right racebook.
The first feature you can’t help but notice on any online sportsbook is its bonuses.
However, it’s very important to know exactly what those bonuses totally entail. For instance, just because you see big bonus numbers does not necessarily mean you are getting the best and there are many reasons why. Every site has plenty of bonuses: Welcome Bonuses, Reload Bonuses, Referral Bonuses, and Casino Bonuses are all readily available and you won’t have any problem finding them.
You’ll need a site that focuses on horse racing specifically with its own racebook that has its own bonuses. Welcome Bonuses, Reload Bonuses, or Referral Bonuses are all always available but finding a site with horse racing specific bonuses is much better for you.
Some racebooks will operate separately from the site’s sportsbook and have their own depositing. Rebate programs are also very popular with online racebooks and offer as much as 8% back on all horse racing wagers.
Horse racing is big business in the online gambling world so be sure you are getting your money’s worth from the racebook you chose.
However, another thing to remember about any bonus you take from any online gambling site is the rollover. For every bonus you find, there will be a rollover involved. The rollovers are a necessary evil which allows you to grab up some free cash from a site but then makes sure you use it at that site. You can’t get away from them so find the lowest ones you can because the only good rollover is a low rollover.
Find the sportsbooks with all the bonuses you can, but be sure those rollovers are low (5x and lower) to be sure you are getting the most out of every bonus you can find.
When it comes to horse racing betting, there isn’t a bet you can’t place. If you can think of it, you can bet on it.
There are literally hundreds of wagers available on every race. In order to be sure you are in the right racebook, be sure you are getting as many wagers as possible.
The exactas, trifectas, and superfectas should all be there. Wheeling the winner and taking the field over a favorite should be there too. Pick 3s and Pick 4s, every wager in the book. The key is to find a site that models itself after an actual track. Then you know you are getting everything you can and your time and money won’t be wasted.
Variety of Tracks and Races
While most online gambling sites will have a racebook, some will only offer a few tracks or even just a few races. For instance, the Triple Crown and the Breeders’ Cup are always available, every year and on every site. However, you want a larger variety of tracks and races from your online racebook.
There are tracks all across the nation and around the world. Your online racebook should have races available every day of the week, no matter the time.
Also, the strong racebooks online don’t stop with just the ponies. Greyhounds and harness racing can also be found at the racebooks you want to play in. Even if you have no intention of even laying a wager on either, the fact that the racebook carries their action is rather tell-tale.
With these types of options available, you’ll know you have found a site that takes their racebook seriously.
One of the most annoying things of betting horse racing online is not being able to get a wager down in time. There are several reasons why this happens.
First of all, you need to make sure your racebook allows you to place a wager all the way up to post-time. Many racebooks have their own post-time a few minutes before the track’s and these are not the sites you want to play.
You need all the time you can get in order to place a wager not only to know the exact odds but also to be sure you get it in. This is the internet after all and a poor connection can goof up your wagering.
Horse Racing Sportsbook Checklist
Horse racing is a classic gambling sport and there is plenty of action out there to play. In order to be sure you are wagering properly though, you’re going to need to find the best online racebook and knowing what makes a good racebook is key. All of the best horse racing features should be available:
- Post-time Wagering
- Every Wager
- Variety of Tracks and Races
- Great Bonuses
There are so many options available online these days that it’s very easy to end up in the wrong racebook. Being in a bad racebook doesn’t just limit your opportunities to win cash, but it can actually cost you money as well. Be sure to take some time and research all of your options to find these key ingredients.
In horse racing, there is always a wager to place, just be sure you’re placing them in the right place.