Horse betting specifics. About horse betting types and events worldwide[ 29.08.16 ]
Horse betting is a whole new world with its own values, laws, and traditions. The world known only to equestrians and horse betting fans.
Racing comes in two main formats – horse racing and harness racing. Amateurs probably won’t see any difference between the two but they differ dramatically. In horse racing, a jockey is riding a horse over a set distance for competition. In harness racing, horses pull a two-wheeled cart steered by a driver.
Horse betting advantages
Horse betting advantages include:
- large number of runs (more than 100 runs daily);
- runs are short.
These two significant advantages allow you to place multiple bets in a short period of time and develop a smart horse racing betting strategy.
Horse racing betting types
Basic types of horse racing betting
- outcome betting. For your bet to win, your selected horse must win (or lose) the run;
- place betting. For your bet to win, your selected horse must come on 1st, 2nd or 3rd.
Here are some important things you should focus on when making a prediction:
- horse’s performance;
- jockey’s experience;
- how much rest a horse had (the optimal break between races varies from 1 to 2 weeks);
- horse’s weight.
Major horse betting events worldwide
Dubai World Cup
Dubai World Cup is the top competition in the equestrian world. The prize money is 27 million dollars. The grand event takes place on the last weekend of March annually.
Royal Ascot is the oldest event in the horse betting world. This prestigious competition was established by the Queen in the 18th century. The Royal Family traditionally visits Ascot every year. Eighteen races take place in five days.
Epsom Derby is another world-known horse race run at Epsom Downs Racecourse near London. The 1,500,000-pound event takes place on the first Saturday of June each year.
Kentucky Derby is a major horse racing competition in the United States held annually in May.
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