The live streaming is high quality and is available through a range of platforms, including desktop, laptop, tablet, mobile and app. The only requirement is that you bet on the race in question although the minimum stake is usually very low. Online betting customers have a great situation where they can often bet on horse races and then access live streaming of the action through their betting account.

Why Should I Choose the Melbet for Online Horse Racing Betting

Horses that aren’t attracting a lot of money in the win pool will have their odds go up. Those odds will remain fluid all the way up until the moment the gates open and the race begins. You can look up jockey stats at a track, but that might be too much to start. Maybe one jockey has two wins and two places with two races left on the card. If he has a couple of good horses he’s saddled on, that combination could lead to winning tickets.

If you do a multi-race wager (i.e. a Pick 3, Pick 4, etc.), you will know what your potential payout is if your ticket is still alive heading into the last race of the sequence. The track will display “Will Pay” amounts for each horse and for each bet type. You will know exactly what you stand to profit if the last leg of your multi-race wager hits. You will have better horses and jockeys that should get your attention.

As with all sports betting, the type of bets that are easier to win carry lower odds, while more difficult wagers can be pretty lucrative. Any given day can see up to 20 tracks hold race days in North America, each with anywhere up to 12 races, and in some cases even more. Unlike wagering on some other sports, bets on horse races are fully legal in India from 1996. The only condition to bet on horse racing is to be over 18 years old. However, some states may have their own legislation on this issue, so it’s always recommended to read the local acts before betting. The Rajabets gambling platform offers every user from India to start their betting journey with regards to horse racing betting.

• If you match the first five winners, but fail to make a right choice in the last race, you’ll get a consolation prize.
• As long as a horse wins, the payouts will be according to the odds at which the horse was bet.
• Sometimes it feels like horse racing and betting have their very own language, below are some key phrases to help you along the way.
• You can either bet while you are at the races with on-course bookmakers, online or in a high street betting shop.
• Horizontals require you to pick the winner of two, three, four, five, or six straight races.
• Profits to the bookmakers came in the form of a vigorish (also called vig) — a charge taken on bets — and the remainder of the money bet was paid out to winning bettors.

Daily Double

Put in horse racing terms, you could invest $20 in a Daily Double and decide to sell at a much higher price after selecting a winner in the first leg. lope.bet Or you could part with some of the investment to hedge against an unfavorable outcome in the second leg. Either way, you have either guaranteed a profit or at least limited a potential loss. If you are playing a $1 trifecta, you can bet three horses in the correct order of finish for $1. But if you select the 1 horse, the 4 horse and the 7 horse, they must finish in that exact order or your ticket is a loser.

If you want to place a horse racing bet that will land you a return if your horse doesn’t win the race but ends up finishing second, third or even fourth, then each-way is something to definitely consider. Betting “win only” means that you don’t get any returns if your horse doesn’t win the race. Some punters will place a “win only” bet when it comes to horses trading at short odds as they’re perceived to have a greater chance of winning and they want to maximise any potential profit from the bet. Here at Racing-Odds.com, we have produced a helpful guide so that you understand how betting on horse racing works. If you’re new to horse racing betting, it can often seem complicated although our guide explains everything that you need to know. Exotic combination bets are bets that allow you to select multiple horses into the exotic bets listed above such as exacta, trifecta and superfecta.

These events can be confidently called one of the most important races nationwide in equestrian sport. Speed figureA metric that rates a horse’s performance in a race, factoring in several variables including final time, distance of the race, track or turf condition and level of competition, among others. Some of the most famous racers are Irineo Leguisamo, Vilmar Sanguinetti, Marina Lezcano, Jorge Valdivieso, Pablo Falero and Jorge Ricardo. The most notable Argentine horse of recent decades is Invasor, who won Uruguay’s Triple Crown in 2005; won four U.S.