Horse Racing

Win big with Sportsbet.io’s horse racing odds

One of the world's most successful and longest-running sports is horse racing. Many adore horse racing because it's lucrative and offers an exciting experience for viewers and bettors. Due to horse racing's popularity, its appeal is evident in various countries such as Hong Kong, the United States, Japan, and the United Kingdom. 

Before you place your wagers on horse racing events from various countries here at Sportsbet.io, find out more about the sport first.

What is horse race betting?

Since horse racing is a widely-known sport, it's not surprising that the horse racing betting industry has grown as well. Many are into horse race betting because of its simplicity. All bettors have to do is bet on which horse they think will win or place in the race. Betting on horse racing also comes with horse racing odds for each event.

With the continuous success of betting on horse races, wagering is made easier with horse race online betting. Aside from Sportsbet.io's best horse race odds, there are also several bonuses and promotions that you can use to increase your chances of winning. The cherry on top? You can place your bets anywhere at any time at Sportsbet.io.

HOW DOES HORSE RACE BETTING WORK AT SPORTSBET.IO?

Before you start horse racing online betting at Sportsbet.io, you should create an account first. Once done, you can place your bets on any horse racing event available on the site. Sportsbet.io's online betting on horse racing features different events categorised by schedule. Bet on any race under these sections at Sportsbet.io:

• Next to Jump → Expect these races to start very soon. You can find a timer across the race to see when the race will officially kick-off. Some races have timers counting down from the 30-minute mark, while others have a 'Starting soon' marker, which means it's about to start any time soon.

• Today → As the section suggests, these races will occur on the same day. You can find the Next to Jump races here and the others.

• Tomorrow → Races will take place the next day, including the start time.

• Upcoming → You can find races set to happen at least within the week.

With Sportsbet.io, horse racing crypto betting is now made possible. With crypto, punters can experience safer and faster horse racing betting online. With crypto horse racing betting options, you can bet hassle-free using coins such as Bitcoin (BTC), Ethereum (ETH), Tether (USDT).  Crypto betting also comes with inexpensive fees and even guarantees anonymity. Place your bets using USDT or other crypto with just simple clicks at Sportsbet.io.

Sportsbet.io: Horse racing bets you can place

Expect the best Sportsbet horse racing betting options that cater to horse racing enthusiasts. Choosing the right bet, depending on the race scenario, is one of the best ways to maximise your chances of winning. To know more about horse racing sports betting, here are the bets you can place at Sportsbet.io:

• Win → This means placing a wager on the horse you think will win the match. This bet is often considered the easiest with the best horse racing betting odds. 

• Top 2 → Unlike win, you need to bet on the horse you think will finish the race in first or second place. 

• Place → Bet on this market if you believe that the horse you wagered on will finish the race in first, second, or third place.

Horse race betting features at Sportsbet.io

To make your sports betting horse racing experience convenient and worthwhile, Sportsbet.io has the most user-friendly horse racing features. With these, your horse racing online betting experience is better and more convenient than traditional betting. 

• Betslip → With Sportsbet.io multi-bet feature, you can place various bets simultaneously. For example, you can place a bet on horse one as your win bet. At the same time, you can place a bet on the other horses in the same race.
  Not into multiple betting? Sportsbet.io's Betslip has a single bet feature as well. However many bets you place, this feature will show you how much your total stake is and your possible wins if your bets are successful.

• Race details → On Sportsbet.io's horse racing section, punters will not only find betting odds for horse racing but also other details and information about the races. To help you place wise bets, you can first check these details provided by the site:

  • Time
  • Jockey
  • Distance
  • Trainer
  • Race history

• Races from different countries → You can also find various races you can bet on from other countries. With these, you can boost your chances of winning with more than one bet.

What are the odd formats in horse race betting?

To help you boost your chances of winning, Sportsbet.io provides you with different formats for odds on horse racing that you can take advantage of. The odds on horse races affect your betting decisions and total winnings, so it's essential to check them first before placing bets. The available Sportsbet io horse racing odds format you will find on the site are: 

• American format - This format is a popular horse race betting odds that is known as the simplest and easiest to learn. In American odds, the favourite always has a minus (-) sign, while the underdog has a positive (+) sign. 

• Decimal format → Another format of horse racing odd is the decimal format. It shows you how much you can win for each USDT you bet. In this type of horse racing, the higher value is the underdog, while the lower number is the favourite.

• Hong Kong format → In Hong Kong odd format, the team is favoured if the odds are lesser than 1. It means your winnings will be less than 1 unit for every unit you wager. A bet with odds of exactly one would have a payout ratio of 1 to 1. 

HOW DO HORSE RACE ODDS WORK?

You can view the odds for Sportsbet.io horse racing in any of the formats above, but Decimal and American odds are primarily used. Often used in Europe, the decimal format shows punters how much their winnings would be.

For example, chances of 5.00 indicate that your winning wager will be five times your initial bet. If you bet $10 and win, your total payout is $50, which means your profit is $40.

The other is the American odds. In this format, it's easier to compute winnings with a value of $100. With +400 odds, you will win $500 if you bet $100 on that market. It's different from American odds with minus signs. For a -400 odds, you will only win a total of $125 if you bet $100 on the market. Meaning your profit is only $25.

With Sportsbet.io's Betslip, you don't need to make your computations on any horse racing odds. Before placing your horse racing wagers, Betslip will show your potential wins regardless of the odds format you choose.

How to win at horse race betting at Sportsbet.io 

Even though horse racing online betting, or online betting in general, is all about luck, you can still use some strategies to boost your chances of winning and take home more significant rewards. Some of the best strategies you can use to have a worthwhile online betting experience at Sportsbet.io are as follows: 

Bet on recent winners

Betting on horses with recent race victories is often profitable for novice horse race bettors. Wagering on recent winners is also considered a safe bet. Paying close attention to Sportsbet.io's odds and race details can reveal which horses have been winning.

Research

Researching the horse's and its jockey's strengths and weaknesses are the first thing you should do before making your bets. By examining replays of the best and worst races, you can evaluate the performance of the horse and jockey and determine which are the most promising to bet on.

Don't just bet on the favourite

One of the worst things a punter can do when betting on horse racing online is put all their money on the favourite to win. Try betting on other markets and horse races as well. Simply put, only put some of your eggs in one basket.

Set a budget

It's easy to get caught up in how fun it is to win and make bets. This is why it's still important to make a plan and set limits on your bets to avoid overspending. Always set a wagering budget before you start betting; no matter how many times you win or lose, stay within it.

Have a worthwhile horse race betting experience at Sportsbet.io

If you are a massive fan of horse racing online betting, Sportsbet.io is the best place for you. With the abundance of betting options and odds for horse racing, you can maximise your winning chances and have a worthwhile betting experience. Not to mention, the site offers horse racing betting crypto that boasts secure and faster transactions. 

Learn more about horse racing with Sportsbet.io's FAQs

To help you know more about horse racing and boost your odds of winning, here are two of the most asked questions from the site's loyal punters:

What bet pays the most in horse racing?

The win bet is one of the most straightforward horse racing bets because all you need to do is to correctly predict which horse will win the race. However, this bet is also the riskiest as it only provides you with a chance of winning which is whether or not the horse you wagered on will win the race. 

Can you use crypto to bet on horse racing?

Since Sportsbet.io is known to be a top sports betting platform, the site features crypto betting to help players have a hassle-free betting experience. Place your crypto and USDT bets anytime and anywhere.