How to Bet on Horses
In the betting world, horse racing is one of the most significant sports of all. The sport of horse racing is intrinsically linked with the act of gambling, with betting enthusiasts attending races, watching races, and gambling on races all over the world every single day. There are countless horse racing betting sites out there to choose from, and horse racing betting is hugely popular in the UK, as well as in the US and other countries too.
Horse racing is even the second most popular spectator sport in the UK, after football, and the vast majority of people who attend races do so in order to bet on them. To get started with betting on horses, you need to understand the different types of bet available. Horse racing betting can seem quite confusing to an outsider, as there are many terms and phrases you might not understand unless you’ve bet on horses in the past.
Terms like ‘each-way’, ‘place’, ‘show’, ‘ante-post’, and more are thrown around in the horse racing world regularly, and it’s important to understand these terms if you want to bet effectively. To keep things simple, you can just choose a horse and bet on them to win a race. If they come in the first place, your bet wins. This is very straightforward and can be profitable if you do your research, learn about the horses, and make smart picks, but often, the best value is found in other types of bets.
You can try ‘each way’ betting in which half of your stake goes on the horse winning and the other half goes on it to ‘place’, which means finishing in the top two. So even if your horse doesn’t actually win, you can still make some money back. There are also ‘place only’ bets in horse racing, in which you’re only betting on the house to finish in the top two and ‘show’ bets, in which the horse needs to finish in the top three.
Ante-post betting is another option. Ante-post betting, also called futures betting, is a long-term bet. This is when you bet on an event or horse way in advance of the actual race, so there are more risks involved, but you get better odds. To give yourself a chance of huge winnings, you can also try out multiples betting, in which you combine different bets together, multiplying the odds and giving yourself the chance to win hundreds or even thousands on a relatively small stake.