Horse Racing Betting: Sites & “How to Bet” in 2021
Bettors in the country also have access to markets for races taking place around the world. This guide looks at everything you need to know about horse race betting online if you are living in India.
How does Horse Racing betting work?
Horse racing has long been a popular pursuit in India, taking place there for more than two centuries. In total, there are nine main race tracks across the nation and there is a well-established breeding industry.
Only horses bred in India can take part in the domestic races. It is one of the few forms of regulated gambling in the country, with traditional bookmakers and pool betting being in place. There is extensive television coverage of the leading races. The industry is suffering somewhat since the government introduced heavy betting taxes, leading to a lot of bettors going over to offshore online gambling platforms.
With horse betting, in India, you have all of the usual markets associated with horse racing betting. A lot of the best online horse betting sites will also provide you with the ability to stream many of the races directly through your betting account. You can also place in-race bets on a lot of the races, which is ideal if you are looking to spot some trends as the race begins.
What kind of Horse Racing bets can I make?
There are all of the usual types of horse racing bets on offer in India. This means that you will be familiar with these markets if you have placed horse bets elsewhere. The range of these bet types will not be as extensive as other types of sports. The main market naturally will be the race winner market.
Within this market, you also have the ability to place an each way wager or a place wager. The number of places and horse racing odds paid out for each way finishes will depend on the number of race participants and the sportsbook you are using.
You also have the likes of betting without the favorite markets, as well as more niche bets such as the winning distance and the color of the horse that wins. Most platforms will offer different live betting markets also for when the race kicks off.
Is Horse Racing betting profitable or can it be?
Horse racing betting can be profitable, but there is also a risk that you lose money. There are ways you can increase your chances of being successful, mainly by conducting plenty of research and keeping an ear out for the latest info about certain horses in a race.
What is the best Horse Racing betting strategy?
Over the years, many different horse racing strategies have come and gone. Some systems guarantee success, which is something you should be hesitant about. Here are some general strategies you can use to boost your chances of being successful.
Doing your homework
A big part of horse racing betting is doing your research and spotting opportunities that others might not see. This includes looking at everything from current form, course form and distance and ground conditions for a given horse. You can also keep an ear out from the owners and trainers of the horse to see what they are saying about performances in training.
Don’t spread yourself thin
While there are countless horse races taking place across the globe every day, it is important that you do to spread yourself too thin by trying to bet on all of them. You should instead look at only a handful of different races, focusing on quality over quantity. This allows you to do research and boost your chances of having profitable opportunities.
Watch a lot of racing
A great way to spot opportunities for betting comes from watching races. You can see what certain horses do during the course of a race and how they react to different types of conditions. You can then note these observations down for the next time they are racing or you can watch past races of a given horse in advance of an upcoming event.
What & When are the major Horse Racing tournaments in India?
There are a number of notable horse races that take place in India every year. The main highlights are the five classic races that run at the same time as the British classic races between December and September.
You have the India 1,000 and 2,000 Guineas taking place in December, with the Indian Oaks taking place at the close of January. In February, you will see the Indian Derby which has a massive prize purse. The final race is the India St. Leger which is run during September. The latter is the only one of these five races to not take place in Mumbai, taking place in Pune.
Which betting site is the best to bet on?
This guide provides you with everything you need to know about horse racing betting. Therefore, you should apply the gained knowledge into practice. We recommend 10Cric as a reliable operator where you can place your horse racing wagers and enjoy a memorable betting experience. Don’t hesitate to navigate to the 10Cric website, sign up for an account, and get some extra money as a bonus. Get the most out of the recommended operator now!
There are different terms and conditions associated with a free bet offer depending on what operator you are using. Normally, you can keep the free bet winnings but not the stake. However, certain sites will make you wager the winnings a certain amount of times before cashing them out.
The availability of withdrawal options does vary from operator to operator. The processing speeds will often be different, as the site will often take some time to approve a withdrawal request. In terms of the payment method that is the fastest, the likes of e-wallets such as Skrill and Neteller tend to process also instantly after a request is approved.
You do have access to a lot of online platforms that offer horse racing betting. Most of these sites will have an app you can download on your mobile device or you can just place the bet on the mobile website through your web browser on your iOS or Android mobile phone.
There are many things to look out for in this regard and it will depend on your own preferences. Some people will have non-negotiables in a platform, such as access to live streaming, having certain payment methods or a decent range of global races. These are some of the important variables to consider when looking for a horse racing betting site.
The best betting sites will not have any form of fees or charges for making a transaction. If a third-party has some sort of fee attached to it, the operator in this case will often absorb it. However, there are some sites that charge you a fee, so this is something to be fully aware of when creating an account.