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Ideally, the competition is mostly about what sportsbook offers more live streams games. Imagine punters without a TV or who are out in the fields; the live streams would always be a feature they would look out for. This is why we factor in the live streaming potential in our methodology kit of rating the best horse racing betting sites.
Mobile App A feature that could reduce the reach and acceptance of a betting site for most users is an app. The traffic is usually more for betting sites with an up and running sportsbook app. Most horse race enthusiasts use either smartphones or tablets for placing wagers. Sports betting apps provide convenience while betting on horse racing games.
In essence, it is more convenient for users to place bets on the go. TwinSpires and TGV have excellent apps, which are factors that put them on our list. Horse Racing Content Most betting sites create helpful content or guides to assist new bettors. In this content, users get to read more about horse racing and what horse betting is all about. In addition, you could see a breakdown of how to place a horse racing wager as a new player.
Our recommended sportsbooks are not primarily focused on your money. As a matter of fact, they value their customers and go to extra lengths to help them create an exciting adventure. Customer Support We trigger some complaints while reviewing a sportsbook and direct it to customer support. The FAQ is vital for common issues most users have complaints about due to not knowing what to click on. In addition, with our synthetic complaint, we check out how fast the customer support team responds.
Therefore we rate their efficiency in solving whatever issue we have. Every horse racing betting site we recommend has exceptional customer support teams. Horse Racing Betting Types To bet successfully on horse racing games, you need to learn about the available bet types. Technically, the more difficult a bet is, the higher the outcome. There is also pari-mutuel betting. Let's begin. Pari-Mutuel Betting Other forms of betting have bettors wagering against the house, but pari-mutuel betting puts bettors against each other.
Here, the money wagered by bettors on a particular race is put into one payout pool. A certain percentage goes to the house, and the winners would take home their shares from the payout. Additionally, the betting public is the deciding factor regarding the odds and not the oddsmaker. The bettor has to pick one horse that would win the race. If the horse wins the race, he wins the bet and vice versa.
There are no grey areas to the Win bet. Place Bets Place bets require the bettor to predict the horse that would finish either first or second place. If the prediction is correct, the bettor gets the Place dividend. Show A show bet is quite similar to a place bet. Also, due to the difficulty surrounding a Win bet, the Show bet has the greatest chance of winning.
Here, the bettor's horse has to take either first, second, or third place to win the bet. Each Way Bet Each way bet is secure to back a horse in major competitions. Here, the bettor has the opportunity to pick a horse that would either be first or finish between 2nd and 5th place. Technically, the bet is placed on two conditions, and so is a combination of the "Win" and "Place" bets. Exotic Wagers Now, let's proceed to the Exotic wagers.
These are easier to miss or harder to hit than the win, place, show, and each-way stakes. Here, bettors can make, on multiple ponies, multiple bets in one. Ideally, these wagers require a high level of expertise and knowledge. Exotic bets are divided into Single-race exotic and Multi-race exotic.
Exacta For an Exacta wager, the bettor would predict two horses to finish first and second in the race. The horses must finish in the exact order that he predicts to win the wager. This bet type is more difficult but has a better payout than Win, Place, and Show. However, players have the option of a "box" wager. A boxed bet wins regardless of what order the horses finish. Quinella Quinella is less common among bettors but is very much available.
The bettor selects the top two horses to finish first and second in any order. Trifecta With Trifecta, you would find another layer of complexity. This particular wager requires the bettor to select the top three runners in the exact order. The complexities and difficulties are responsible for its higher payout. With that, regardless of what order, between 1st to 3rd your horses take, you'll win the bet. But this also increases the cost of the wager.
Superfecta The Superfecta is one step further from the Trifecta wager. Here horse bettors have to accurately predict the top four runners. Essentially, this combination is challenging to hit, so it comes with a low wager amount. Horseplayers can also box this wager type at an additional cost. Super Hi-Five Can you attempt to predict the top five finishers?
If yes, you should try the Super Hi-Five wager. Super Hi-Five requires that players select the first five-horse runners. If the prediction is accurate, you'll win the bet. Double The Double wager is also referred to as the Daily Double wager.
It is a simple wager that spans multiple horse races. The requirement is the horseplayer has to predict the winner for back-to-back horse races. In essence, he picks the runner to win two races. Pick 3 This is a straightforward wager like the name implies and quite similar to the Daily Double wager.
Bettors pick three winners of three straight races. Pick 4 Pick 4 is a very popular Exotic wager. It is a prediction for four consecutive races back to back. Pick 5 The Pick 5 wager is a back-to-back prediction for 5 consecutive races. Of course, it becomes more difficult with the number increasing, but it does come with an incredible or greater payout. In addition, special bonuses like a jackpot are given to players who can come up with such predictions.
Pick 6 This bet type is similar to the Pick 5 but for 6 consecutive races. This is the biggest wager you can make on a horse race. If you win, you'll be smiling to the bank. Also, there are lots of Pick 6 wagers that come with a jackpot bonus award. Virtual Horse Racing Betting Virtual horse racing is a simulated horse betting game that involves bettors placing wagers on one, two, or more horses on a racetrack.
The game usually comprises 6 - 8 horses and jockeys. The biggest peck to virtual horse racing betting is its availability to punters every day. Wagering on virtual horse racing is quite different from betting on the usual horse racing. Virtual horse racing does not have any real-world presence. Virtual horses do not look like real horses. So you won't find Justify or American Pharaoh in the stables, fair enough.
To understand it better, you can see it like a horse-themed lottery that permits players to carry out traditional horse bets and horse racing picks. The bet types include winner, forecast, tricast, place, show, reverse forecast, and more. How Virtual Horse Racing Betting Works The mechanics behind virtual horse racing are not different from roulette, slots, or poker. It is entirely random in every aspect.
Betting styles are linked to Random Number Generators that generate unpredictable virtual horse racing outcomes. The house decides how much cash its virtual horse racing games return to users; still, the results are without pre-arrangements. As mentioned earlier, it is best described as a lottery. The RNG picks a lucky ticket to win the race. Although the choice is not regular, the system would easily choose a favorite instead of a long shot. Ideally, the favorite has lots of tickets located in the drawing.
The virtual race bets are conducted in a fixed odd style. Not the usual pari-mutuel format. In essence, the betting odds are set by the operator, not the market forces. Players can't get an edge in virtual horse racing betting.
It is pure gambling where you could either win or lose. Betting sites that allow virtual horse racing includes: BetMGM Casino Beyond virtual horse racing, you can enjoy greyhound racing. Inspired Entertainment developed the games. Newbies get to enjoy exciting bonuses to explore the BetMGM. Caesars Casino Caesars casino partners with Inspired Entertainment games to provide the latest generation games for users.
Another perk to its gaming is the generous bonus offers, especially for new players. DraftKings Inspired Entertainment is responsible for its games collection. Bettors get to explore greyhound racing betting, virtual horse racing, and a couple of interesting virtual sports. In addition, selecting DraftKings gives you access to an exciting deposit bonus as a first-time user. Golden Nugget Casino Golden Nugget Casino offers virtual horse racing betting in addition to greyhound racing betting.
You could place an exacta box wager on them and if two of those entrants come in first and second i. That way, you have all your horses covered on the order of finish. Trifecta Similar to the exacta, a trifecta bet is also quite a popular wager among horse racing bettors and folks who bet only bet the ponies a few times a year. For this wager, the punter tries to correctly predict the exact order of finish for first, second and third place in a single race.
Example: You think the No. Should that exact combination come in, you win the bet and the payout will usually be great. Some bettors will build trifecta bets with multiple horses in a race. For example, you can pick a couple of horses that you think have a good chance to finish either first, second or third. You can use those entrants as your main horses and then add on other horses underneath to finish second or third. For example, if a bettor likes No. That means, Nos.
Trifecta Box Like with exactas, bettors can also box their trifecta bets. Meaning, if you select three horses and they finish in any order, you win the bet. Superfecta This wager is like the exacta and trifecta, but the bettor is picking the exact order of finish for the top four runners in a particular race.
Although not as popular as exactas or trifectas, some punters enjoy the high-reward nature of superfecta bets. Obviously, picking four horses to finish in the exact order is nearly impossible, so the odds for superfecta bets can get quite high. Superfecta Box Like with exactas and trifectas, punters can also box their superfecta wagers, which means that your horses can finish 1,2,3,4 in any combination to win.
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