The basics of horse races betting

There is a whole science behind the betting on horse racing, e.g. reading the Mr Green review 2019, like it’s usually the case with popular sporting events. However, horse racing is more than just an action-packed event, it is an unforgettable experience that you will want to savor. So, before you head for the racetracks, be sure to learn the basic of horse racing betting, so you can enjoy the atmosphere and understand everything that is going on. Additionally, the adrenaline from the betting stacks up nicely with the excitement of the races, so you will be in for an interesting ride!

Before you start betting, you must choose which type of horse races you are going to bet on: flat racing, jump racing, steeple chasing or harness racing. Once you pick your category, you can proceed!

The next thing to understand are different ways to bet – yes, there are at least three basic ways you can bet. You can indulge in fixed odds betting, pari-mutuel and exchange betting. Fixed odds represent the most popular and by far the most numerous type of betting odds – the odds are already given by the bookmaker, you pick the ones that you like and bet your money on it. If you win, you get the money, if not, you lose it. Simple, right? On the other hand, pari-mutuel has no odds – the winnings are determined by two factors. Firstly, all people pool their money together – that is the winning pot. Secondly, the winning pot is divided among all the winners – which means the more people bet and the less people win, the bigger your winning will be! Lastly, we have exchange betting. This is a rather novel way of betting, where you strike a deal and bet with another bettor, not with a bookmaker. It takes some getting used to, but it is very interesting.

So now you know different ways, it is time to place a bet. There are several aspects as to how much money you will invest. First, you have to make a smart selection of races and horses you want to bet on. To do this, you must read up on the odds, follow the races in which they have participated so far and try to find out as much as possible about the horse’s stamina, form and health. Once you have gathered enough info, you can make an informed decision. Next, you want to see how much money you want to bet. If you are fairly sure you will win, you can even bet larger sums, but it is best if you start with small to midsize bets in the beginning. Once you see how the system works, you will be able to make more accurate bets. Keep in mind that the favorites are favorites for a reason, and they will not lose that easily. And always manage your money wisely – if you are on a losing streak, do not go for all-or-nothing bets! More likely than not, you will end up with having nothing.

Of course, if you just want to watch the exciting races and enjoy at the racetracks, you can go in blind and throw in a few bets for fun, but there is no way to guarantee or even predict what your bets are going to turn out like! But if you follow some of the basic advice given above, you will surely do much better!

Top 5 horse racing event in the world

Horse racing events attract massive crowds in many places in the world. People who love horses, people who admire the adrenaline-driven races and folks who love betting on horse racing – all of them gather together on completely packed racetracks, or as some call it “hippodromes”. As the largest interest for horse racing is in the USA, most of the legendary races take place on American racetracks, but there are also some international hippodromes that are a must for every horse racing fan.

The Preakness Stakes

This amazing race will in five years turn 150 years old! The tradition and history that go into the making of this race testify to its importance. Since the track is around two kilometers long, the race finishes under two minutes if everything goes well. Incredible amount of adrenaline is packed into those minutes, especially considering the hefty sum waiting for the winner – $1.5 million. This race is the second most visited in the USA, and trails only behind the famous Kentucky Derby.

Kentucky Derby

The most popular American horse race event is also among the world’s most popular races. It’s only two years younger than the Preakness Stakes, but it compensates for it with crazy popularity. With similar length and average time, many people wonder why Kentucky Derby remains very popular in comparison to the Preakness Stakes. The answer is – because history and records were created here. Kentucky Derby is very well-known also because of Secretariat, the famous racing horse who did well on Kentucky Derby.

The Royal Ascot

The oldest horse race in the world is Klipincotes Derby, but the most famous old race is the Royal Ascot. This horse race is more than three centuries old and boasts over 7 million dollars in prize money. Needless to say, it is also one of the most formal races in the world, being one of the first races in British history. It is very interesting to see this race since the dress code is very strict and formal – and there is a large change you would see royalty there. This is really an event that should not be missed!

Nakayama Grand Jump

If we decide to move to the other part of the world, we could still enjoy in great races, as is shown by Nakayama Grand Jump race in Japan. The most prestigious race in Japan is also considered to be one of the trickiest for the jockeys and horses, as it features different sharp turns and twists, and of course, jumps from which it derives its name. The best racer ends with a large sum of 1.7 million dollars, so it is no wonder they give it their all.

Dubai World Cup

Since we are talking about generous competitions, it would not be fair not to mention Dubai World Cup, established in 1996. The award which is reserved for the best is astounding ten million dollars – a sum outclassed only by the newly founded Pegasus Cup in 2017. Until recently, it could boast with the title of the most generous race, but it still can show off by its impressing hippodrome called Meydan Racecourse. Biggest faces not only in horse racing, but also politics and culture, attend this race and the gala event that follows after it in March.