Experience The Thrill Of Betting On Racing Horses: A Beginners’ Guide
Sports bettor from Singapore loves wagering on horses and storming on race tracks! The Singapore Turf Club has indeed concluded horse racing, leaving 180 years of history behind. But betting on horse races doesn’t need to stop in sports betting Singapore.
So, if you feel an inner tickling for placing a real money bet on horse races for the first time, don’t suppress it. Instead, let’s take a tour of this horse racing guide for beginners and get into the concourse of Singaporean sports bettors.
How to Bet on Horse Racing?
In simple terms, you need to choose and bet on a horse, competing in the race in hopes of it finishing in a prior-assumed position. Then comes a few types of bets you should know before wagering on horse races for the first time.
So, let’s talk about those betting types.
Different Types of Horse Racing Bets
Straight and Exotic wagers – horse racing bets are divided into two categories. Straight wagers are simpler and more affordable. Hence, as a beginner, they should be your choice.
Contrarily, exotic wagers, as realizable by the name, are more complex and allow a bettor to bet on multiple horses with a single wagered amount. Exotic wagers are pricier, offer greater payouts, and are complex, requiring greater skills.
But, for now, let’s keep our focus only on Straight wagers.
1. Win: You will bet on the horse you think will win the race. If the horse you bet on comes first, you will win your bet.
2. Place: Wagering with a Place bet means you bet your horse will win the race or come second. If any of these happen in reality, you will have your winnings. As the odds of winning get higher here, the winnable amount becomes less than win bets.
3. Show: Show bets are very much Place bets but with the inclusion of the third position with first and second. This bet incorporates the technique of hedging bets to acquire higher winning chances. Hence, naturally, in sports betting Singapore, payouts will be lesser than the abovementioned bets.
4. Win/Place and Place/Show: This bet might seem somewhat similar to an Across-the-Board bet, but it’s not. It’s placing two straight bets with a single wager. With Win/Place bet, you trust on Win or Place bet. If the horse wins, you get money for both of them. You can expect the place bet’s money if your horse finishes second.
Rules of Place/Show bets are quite identical to Win/Place bets. Your horse is second; the winnings of both bets are yours. Your horse is third; you get the Show Bet’s money. Much more costly than straight single bets, as these horse racing bets combine charges of two straight bets.
5. Across the Board: Across-the-board bets are also referred to as Combo Straight Wagers. The reason is this betting type combines all aforesaid bets. It means an Across-the-Board bet comprises a Win, Place, and Straight bet. Naturally, it requires combined costs of all three betting types, making it more expensive.
If your horse comes first, all three bets’ money is yours. It comes second; you get the place and show bets’ winnings. Only Show bet’s winnings will be yours upon your horse coming third in the race.
Important Aspects to Ensure for Effective Betting on Horse Races
If you want to hang around in sports betting Singapore with betting horse races, sign up with a competent online casino Singapore offering competitive odds and various bets and competitions.
Before that, go through the following tips mindfully to confirm enough control over your decisions in horse racing betting.
- Betting on Favorites isn’t always Smart: The fun of betting on horse racing is in its unpredictability. Hence, the trick here is looking not for a horse probable to win but to find the most valuable one. But for it, you need to perform enough research and obtain knowledge of your selection.
- Learn Terminologies Related to Horse Racing: The horse racing world has always had its terminologies. Learn those phrases and terminologies. It will help you to be more adapted and gain deeper knowledge faster.
- Choose Your Horse Wisely: For ensuring this highly important part, you can apply multiple strategies. Some of the wisest of them are:
o Look for horses that won their last race and look promising enough to win this round too.
o If you notice a horse that has created a personal record in its previous race, it’s in form and worthy of being chosen.
o Search online platforms to check the types of comments horses have received. Positive comments are always an indicator of locating a healthy performer.
o While checking a horse, look at its competitors as well because trainers often put horses from different classes in races.
o Your competitors ‘ racing styles can affect your horse’s running. Faster horses in the front line can change your horse’s running.
- Consider the Surface: Races happening on dry and firm surfaces will get speedier and advantageous for petite horses. Contrarily, runners who prefer to run by striking hard on the track will benefit from softer surfaces.
- Know about the Trainer: The trainer trains, and the horse learns. Hence, checking the recent stats of your horse’s trainer is important. Some trainers train horses well for certain kinds of tracks. So, make it sure.
- Know Your Jockey: Jockeys often have favorite tracks that go well with their skill sets. Besides, trainers tend to match skilled jockeys with proficient horses. Hence, learning about jockeys is a must. Try to locate the best jockey and trainer combination.
Wrapping Up
Betting on horse races is exciting for bettors in sports betting Singapore with enough knowledge in the stack and an online bookmaker at service. Not just anyone – Connecting with a worthy online bookmaker is a must! You ensure it, and your horse racing expedition will continue to be more entertaining. It’s because, eventually, you will continue learning and initiate betting with exotic wagers.
You can consider choosing a bookmaking site like Maxim88. Horse racing is one of the users’ favorites on this site. Therefore, it ensures the most competitive odds with various bets and racing competitions worldwide.