Horse Racing Betting Sites
Updated: July 15, 2024
Published: September 2, 2022
With the introduction of online horse race betting, the sport has become even more popular over the years. Betting enthusiasts like you have started reading more about sports so that they can understand the nuisance of horse racing betting.
Online horse race betting offers the convenience of placing bets from the comfort of your home or using a mobile device.
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Without a shadow of a doubt horse racing betting online in India has added a new dimension and popularity to the sport. On this page, we will talk about all the nitty and gritty of betting on horses, including information about the most popular bets, useful strategies and the best horse racing betting sites.
Horse racing has a rich history in India, dating back to the colonial era when the British introduced the sport. The first recorded horse race in India took place in Madras (now Chennai) in 1777. And since then Horse racing has gained popularity in the country.
Is Horse Race Betting Legal in India?
If you're wondering whether horse race betting is legal in India, the short answer is yes! According to India's Public Gambling Act of 1867, all betting and gambling activities are considered illegal if they are offline.
However, in 1996, the Supreme Court of India ruled that winning a horse race bet isn't just a matter of chance. Instead, it requires significant knowledge about the horse's breed, the race location, training, and the jockey's abilities.
Therefore, horse racing is considered a ‘game of skill' rather than a ‘game of chance,' making it exempt from the country's current betting laws and completely legal. For instance, in horse racing, there are various forms of wagers available.
How do you Decide Which Horse to Bet on?
Every race meeting has its own program, also known as racecards. These racecards provide all the information you need to place your bets for each race.
Racecard
The racecard shows the starting number, name of the horse, jockey and trainer of the horse, as well as the distance of the race and the prize money.
For each horse, the racecard also displays the results of the last five races, allowing you to determine whether a horse is in good form or not.
In trotting races, the racecard also provides the time in which each horse completed their previous races. This enables you to determine whether a race was fast or slow and whether a horse can run a certain time or not.
There is a lot of valuable information you can get from racecards. They are usually available for free at the entrance of the racetrack or on the betting site.
The racecard is therefore your main source of information when it comes to betting on horse races. Make sure to always consult it before placing your bets.
What are Good Bets When you are Just Starting With Betting on Horses?
If you are just starting with betting on horse racing, it is best to start with the place bet. This bet is the easiest, as you only need to predict that a horse will finish in the top three.
If you want to take a little more risk, as a beginner you can also choose the win bet. With this bet, you have to predict the winner of the race, but the odds are also much more interesting. Additionally, you can of course spread your chances by playing the win bet on multiple horses.
Both of these bets can be played for as little as 90 rupees, which makes them interesting for everyone.
Finally, as a beginner fan of betting on horses, you can also play the quinella bet. This type of game pays out well and is easy to understand. You simply have to guess the numbers 1 and 2 in the correct order in the race.
Once you have a handle on the quinella bet, you can also try multiple combinations. For example, 1 in first place with 2,3,4 in second place. In this example, horse 1 must win the race, and horses 2, 3, and 4 can finish second to get it right.
Horse Race Betting Odds
Horse race betting odds are crucial for understanding the potential payouts and likelihood of a particular outcome. They indicate how much you can win relative to your initial stake.
In horse racing, you'll typically encounter two main types of odds: fixed odds and pool betting.
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Fixed Odds
Fixed odds are the more common and straightforward type of odds in horse racing. In most countries including India, horse racing odds are expressed as decimal odds.
For example, if a horse has odds of 3.00, you'll receive a payout of 3 times your initial stake. So, if you bet INR 100 on a horse with 3.00 odds, a winning bet would yield INR 300 in total (INR 200 in profit plus your initial INR 100 stake).
Fixed odds remain constant at the time you place your bet, meaning your potential payout is known in advance. If you win, you'll receive the odds-multiplication of your stake as your total payout. The fixed odd principle is always used on online horse race betting sites.
Galloping
In galloping, there are flat races and races over hurdles. In these types of horse races, jockeys ride the horses and try to complete the course as quickly as possible until the finish line.
In flat races, horses start in starting boxes and then sprint as quickly as possible over the track. The distances of flat races vary from 1000 meters to sometimes 4000 meters, but most are around 2000 meters.
Flat races are the most popular type of horse racing worldwide. Besides England, America, and Dubai, these races are also significant in Asia and Australia. For example, Hong Kong, Singapore, and Melbourne have very large flat races.
The other discipline in galloping is horse racing over hurdles. Again, jockeys ride the horses. In these races, horses do not start from starting boxes but from a starting line behind an elastic band that jumps off at the start.
In these races, the start is less critical because they go over much longer distances. The distances of these races vary from 2400 meters to sometimes 7000 meters. Horses must have a large lung capacity to excel in this discipline.
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Trotting
The second type of horse race for betting is trotting. In this discipline, horses must trot the entire race. If a horse changes its trot and begins to gallop, it is disqualified. In trotting races, there are also two types of races: regular trotting races and mounted trotting races.
Most races in this discipline are regular trotting races. In these types of horse races, drivers sit behind the horse on a cart, also known as a sulky.
The horses pull the sulky as quickly as possible over the track. They start in trotting races behind a starting car and then complete a certain number of laps. Trotting races are held over distances ranging from 1600 to 3200 meters. In France, Sweden, Italy, and America, this type of horse racing is the largest.
Apart from regular trotting races, there are also mounted trotting races, where riders are not on a sulky but on the horse itself. The horses must still trot during these races. Mounted trotting races cover the same distances as regular trotting races.
What are the major international horse racing events?
Horse racing betting has existed for decades and has many traditions as a result. Due to this longstanding history, there are plenty of horse racing events that return to the calendar every year.
In recent years the prize money for horse racing has increased significantly. So much so, that winners of some events can win up to 7 million US Dollars.
Below you will find an overview of the most important horse races per category.
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Flat Races
The biggest events in flat racing take place all over the world. The Dubai World Cup, held in the United Arab Emirates, offers the largest prize money with the winner receiving $7.2 million.
Two other major races are the Melbourne Cup in Australia and the Kentucky Derby in America, with respective prizes of 4.4 million Australian dollars and 1.86 US dollars for the winner.
The biggest flat racing events in Europe are held in England and France. In England, events such as the Epsom Derby, Royal Ascot, Newmarket Guineas, and Glorious Goodwood attract audiences of tens of thousands of people per day, with prize money in the hundreds of thousands of pounds per race.
In France, the biggest flat race is the Prix de l'Arc de Triomphe held in October at the Longchamps racecourse in Paris, offering a first prize of 2.8 million euros to the winning horse.
Hurdle races
The biggest events in horse racing over jumps are mainly held in the United Kingdom. The Grand National, held at the Aintree racecourse in Liverpool, is by far the biggest race with 40 horses competing over a course of 7 kilometers and a first prize of 560,000 pounds.
Another major event over jumps is the four-day Cheltenham Festival in England, which attracts around 70,000 people per day, with the highlight being the Gold Cup with a first prize of 350,000 pounds.
Other big horse races over jumps are the Irish Grand National and the Scottish Grand National, with prizes of 270,000 euros and 112,000 euros respectively.
Trotting events
The biggest harness racing events take place in France and Sweden. The Prix d'Amerique, held at the Vincennes racecourse in Paris, is the biggest race, taking place on the last Sunday of January with around 40,000 spectators. The race covers a distance of 2700 meters, and the winner receives a prize of 450,000 euros.
In Sweden, the biggest trotting races take place at the Solvalla track near Stockholm at the end of May. At the Elitloppet, 16 horses compete over 1600 meters for a first prize of 400,000 euros.
In two races of 8 horses, the first 4 horses to finish move on to the final. There, the remaining 8 horses compete to determine the winner. Elitloppet is a fantastic three-day festival that attracts around 30,000 visitors on Saturday and Sunday.
Horse Racing Betting App in India
Enter the thrilling world of horse racing betting with the best horse racing betting apps in India. In this section, we'll explore the top platforms offering comprehensive coverage of horse racing events on their apps.
Whether you're a seasoned bettor or new to the track, discover the apps tailored to enhance your horse racing betting experience and elevate your excitement to new heights.
JeetWin
JeetWin app is your gateway to thrilling horse racing betting experiences. It is available for both Android and iOS devices.
What sets the bookmaker apart is Jeetwin's welcome bonus catering specifically to horse racing enthusiasts. By depositing and playing, you can enjoy a generous 50% bonus on your deposit, up to a maximum of INR 3,000, with a minimum deposit of INR 500. Plus, there are no withdrawal restrictions, allowing you to cash out your winnings at your convenience.
With support for UPI and other payment methods, JeetWin ensures hassle-free transactions for users across India. Coupled with competitive odds promising high returns, JeetWin emerges as the ultimate destination for horse racing betting.
Dafabet
Dafabet App also covers horse racing through its dedicated app available for both iOS and Android devices. With a clean and modern interface, the Dafabet ensures ease of navigation, providing a seamless betting experience for horse racing fans.
Navigating through the app is effortless, allowing users to swiftly locate their preferred horse racing events or betting markets. Dafabet's sportsbook app offers a diverse range of sports, including horse racing.
With its user-friendly interface, extensive coverage of horse racing events, and seamless navigation, Dafabet emerges as the premier choice for horse racing betting enthusiasts in India.
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