All the Benefits of Horse Betting Explained
Punting has always been part of the Australian way of life, and sports betting online has become even more of a national pastime. Horseracing is also a huge part of our culture and identity, so it makes sense that so many of us enjoy betting on these events.
Many horse races, such as the Melbourne Cup, the Cox Plate and the Caulfield Cup held annually in Australia involve huge festivals and fanfare, full of traditions and entertainment. Horse betting adds to all of that and can help you to have an even better time as you pay more attention to the races and understand them more. Of course, taking home a tidy payout doesn’t hurt either!
Horse Betting Tips
If you enjoy sports betting online but have yet to explore your horse betting options, the perfect time is now! All of the usual advantages to punting online apply, including being able to do it from the comfort of your own home or wherever is most convenient for you and having access to a much wider range of betting options and markets.
As always when sports betting online, check a few sites before you put any money down so that you know you have the best odds.
Online convenience means you can also do as much research as you wish to before placing any wagers, so you can feel confident in the horse betting decisions that you make. The huge array of online chat rooms and helpful guides will help you to build insight and to get to know what to look for, including the past performance of the horse and jockey (since they work as team), the track surface, predicted weather conditions and the horse’s age. Look out for inside tips on horses and races as well, and test the reliability of the source with a small wager before trusting them and going big.
Types of Horse Racing Bets
When you’re sports betting online, you can usually choose from every possible type of horse betting opportunity. As a novice it might be best to stick with the straightforward Win and Place bets that only require you to name the winner of the race or the horse and rider who will place second or third. As you advance more, you can try some of the more exotic bets including Exactas, Quadrellas, and Trifectas.
It’s also possible to run a series of wagers over different events in Trebles, Parlays and other Multi Bets. These can get very lucrative, as can the Unique Bets that are often run on specific events. Look out for these, and if you have some insider information you could be in for a decent windfall! Above all, bet with your head and not your heart, but remember to listen to your intuition as well. Horse betting can be as fun as it is rewarding and there are plenty of ways to win big when punting on the ponies!