When it comes to sports betting, there is no greater commodity for punters than placing wagers on horse racing, due to the competitive nature and tradition that has established this sport as a major fan favourite across all major bookmaker sites as well as being a sensational betting endeavour for all gambling enthusiasts.
There is no sport that is more heavily associating with betting than horse racing, and given its immense population around the world, it is a market that can generate vast amounts of wealth for a number of punters who may be searching for a major payout.
The Mecca’s of Horse Racing
Everyone is aware of the major horse events in the UK such as Cheltenham and Aintree as well as the prestigious honours up for grabs including the coveted Gold Cup trophy, so much so that the sheer spectacle of watching this sport has attracted fans from around the globe to head down to the track and put their lofty expectations and predictions up for grabs by placing numerous bets throughout most racing events scheduled days.
Fans who cannot make the trip down to any of the fabled racecourses will always likely place bets across virtual sportsbooks while watching at home or in social gatherings at sports bars, making sure that they are ready for the action ahead and that they are in keeping with the main gambling traditions present at every major horse racing event.
While the concept surrounding horse racing bets may sound intriguing to casual sports fans or novice punters, there are still various guidelines and inputs that must be considered before confirming your desire to place your bet ahead of the race’s start.
Noticing the importance of fluctuated racing odds:
Ahead of the build-up for a major racing event, fans of the betting scene should remain vigilant and aware of the chances that a major sports betting odd(s) for a selective competitor could change ahead of race day.
The best horse racing odds are always present on 888 Sport and will always consider the various on and off the track factors that could change a racer’s odds in their favour or to their detriment.
Some of the most likely of factors that could change some of the competitor’s odds is the form of a racer heading into an event which is analysed by form experts, the impact that the race day weather will have on the final outcome of the race itself and the identity of the trainer and jockey as well as the horse’s prior experience at the event, with more punters likely to place their bets on a well-known trainer who has built up a strong repertoire with producing talented racers at previous events.
As soon as all this information has been successfully collected and analysed, a reliable bookmaker will then determine what profit margin is best suited for a specified bet and which odds will suit a competitor the best ahead of race day.
Which events are biggest and best to place bets on?
When it comes to deciphering on which horse racing events are the most prestigious and famous to place bets on, fans of the racing scene are simply spoiled for choice as there is a huge selection of events both throughout the UK and across the globe that draw in a substantial audience.
The biggest UK race simply has to be the Grand National held at Aintree racecourse in Liverpool which is one of the longest active sporting competitions on the planet since its inaugural event way back in 1839.
Alongside the Grand National, the Cheltenham Festival and Epsom Derby are also highly regarded as mainstays in the racing landscape and as major fan favourites for placing bets.
The two most coveted overseas events fall into the category of the Melbourne Cup in Australia and the Kentucky Derby in the United States which draw some of the largest numbers of attendees out of any sporting event.
The type of bets punters will aim to place:
Most horse racing bets are usually acquainted to the chronological order of races and the number of attempts that a punter is willing to gamble on.
Punters can often place a single race bet that focuses on a horse to win the race they’re competing in; a double or triple bet is also liable yet these focus on the outcome of multiple races and each competitor has to win their race to earn a successful return.
These are the three most used betting types at events but there are other amenities that can combine these methods which includes Trixie (includes three doubles and one triple), a Patent Bet (includes three singles, three doubles and one treble) and an Accumulator (which includes four or more bets across different races).
The thrill and popularity surrounding horse race betting has always been at an all-time high with more punters now becoming even more affiliated with the background information and tips regarding these events to help earn a major outcome in earnings.