Newcomers in horse race betting may find this hobby a bit overwhelming because it operates on a parimutuel system. Unlike other sports betting, where the sportsbook competes with the bettor, parimutuel wagering involves punters competing against each other. In addition, each type of horse bet, such as win or exacta bets, has its pool where bets are collected. Before you get started with horse race betting here at BetVision88, let’s get into the ins and outs of how to bet on horse racing online.
How To Bet On Horse Racing At BetVision?
To get started betting on horse online, follow this simple steps below:
- Sign up for an account at BetVision Sports Betting platform.
- After you successfully register an account, you can now make a deposit and take advantage of the generous sports bonuses BetVision88 offers to its new players.
- Establish your bankroll and set your betting limits.
- Go to the sports betting section and choose from the sportsbook providers BetVision88 offers.
- Afterward, choose from the different horse races that BetVisionSG Sports betting offers.
- Add your chosen selection to your bet slip enter the amount you wish to wager and place your bet.
Different Types Of Bets For Horse Racing
Horse racing has two main types of bet – the straight bets and the exotic bets, wherein each type offers different options. However, there are types of horse bets that can result in losses even if your chosen horse wins, making horse race betting a bit more complicated than other sports betting options
So, if you’re just getting started betting on horses at BetVisionSG, you should start with straight bets first. For one, straight bets are simple and affordable as you simply need to choose a horse to finish in first, second, or third place. Usually, the minimum bet for straight bets is just $5, making them the best choice for newcomers in horse race betting.
On the other hand, exotic bets allow you to place multiple bets on multiple horses in a single bet. However, this type of horse bet can be challenging to win and demands a higher level of skill and horse-picking knowledge, making exotic bets a bit complicated for newcomers. But despite its complexities, exotic bets offer the potential for higher payouts.
Betting Tips For Horse Racing
Considering Each Way Bet
Choosing a horse to win in a game can be challenging, but Each Way bets can serve as a form of insurance in case your chosen horse narrowly misses victory which can be a great help for beginners like you. With Each Way Bets, your bet will be divided in half. And if your chosen horse finishes the line first and becomes a winner, you won’t be receiving the full profit of a win bet. However, if your horse finishes second or in another qualifying position, you’ll receive a portion of the payout.
Betting Small
As a newcomer in horse race betting at BetVision88, it’s best that you avoid placing large bets too early. Instead, you should start with small bets to minimize the risk in each race while you’re just getting the ins and outs of horse betting. Besides, betting conservatively allows you to participate in more races and lets you learn about horse race betting without risking too much money at once.
Taking Advantage Of Daily Horse Racing Tips
Some online tipsters offer daily horse racing tips for races in Singapore. By taking advantage of these insider tips, you’ll gain valuable insights to help you make informed betting decisions.
Bet Now And Win Big At BetvisionSG Sports Betting
Horse race betting has long been enjoyed by many people for centuries and now, it continuously prospering and capturing the attention of many punters not just in Singapore but all around the world. Are you ready to place informed bets on your favorite thoroughbred? Then, go ahead and sign up for an account at BetVision today!
FAQs:
How To Choose The Right Horse To Bet On At BetVision88?
Picking the right horse to bet on at BetVision88 may seem a bit tricky at first, but once you get on the ins and outs of horse race betting and find the right approach you can easily do it. Start by checking the past performances of the horse and go for the ones that consistently do well. Then, consider the trainer and jockey – experienced ones can make a big difference in the race. Lastly, you can consider the track conditions of the race because some horses prefer to race on certain types of tracks. By keeping these factors in mind, you’ll be on your way to making smarter betting choices.
What To Avoid In Horse Racing Betting Online?
As a newcomer to horse betting, you should avoid over betting and going overboard on your set bankroll. Also, it is a dire mistake to bet without doing enough research or betting exclusively on the favorites. You should not ignore the condition of the tracks as well as not compare betting odds across racebooks.
How Do Beginners Place Bets On Horse Races?
If you’re new to betting on horse races, first learn about the different bet types. Afterwards, do check out the race card and decide how much you want to spend on your horse racing betting activity. Then, place your bet either at the window or online. Finally, watch the race to see if your horse wins!
