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The Conscience of Thoroughbred Racing

IS HORSE RACING THE MOST EXCITING SPORT TO BET ON?

By HRI Foreign Staff — Horse racing is arguably the oldest sport still played today, having its origins way back in antiquity. Ancient civilizations such as the Romans and Egyptians placed massive importance on the sport, as evidenced by historic racing tracks like the Circus Maximus in Rome.

Events like Royal Ascot in England and the Kentucky Derby in the US are still exceptionally popular today, earning an important place on the annual sporting calendar. While horse racing is exciting enough to watch, many spectators also place bets at the same time.

Historically, horse races have always been an opportunity for punters to gamble on. There is strong evidence to suggest the Ancient Romans had sophisticated networks in place for the activity, which has continued into the modern day.

While there are countless sporting markets to try your luck on, many people cannot ignore the allure of horse race betting. It can be much more of a spectacle than other sports, and many race circuits in modern times are also tailored towards sports bettors.

US citizens have easier access to horse race betting compared to other types of gambling. It is legal in forty states, so Americans have more experience with it than other sports. Even if not, horse racing is a straightforward and ludicrously exciting sport to bet on.

Places like Kansas have a long history in land-based horse race betting, especially with racetracks like Eureka Downs. Online betting was only legalized in the Sunflower State recently in May 2022, so punters now have even more choice.

One of the simplest ways to ensure quality horse race gambling is to play on the best Kansas betting platforms. Customers can enjoy generous betting promotions and a more significant selection of races and bet types.

Throughout this article, we’ll explore the ins and outs of horse race betting, focussing on how you can increase your chances of success and the various ways of wagering. There is ample choice regarding bets and worldwide races, but you need to know the basics to take advantage.

Stay with us as we explore how much of an exciting sport horse racing can be to bet on.

Origins in the US

Horse racing has been a popular past-time in America since the 17th century. While it started from humble beginnings, generally as a way for British colonists to pass the time, by the 20th century, it had become a countrywide phenomenon.

Some of the largest racetrack stands can easily hold more than 100,000 spectators, with plenty more watching from home. Additionally, many more watch horse racing games via live streams, either on television or through betting apps that offer live streamed games.

Looking at the statistics, horse racing hasn’t experienced as intense growth as other popular betting sports like football or ice hockey. Even still, the proliferation of sports books across the US has brought horse racing bet possibilities to a whole new audience.

Types of Horse Race Bets

Although there are many ways to bet on horse racing nowadays, there are some clear favorites to bear in mind. Here are a few of the most popular bet variants:

  • Win: The most straightforward bet to place on a horse race is simply on which horse you think will win. Generally, you can bet on more than one horse to win, although only one wager will ultimately be successful.
  • Place: Place bets have lower payouts, but a higher probability of success. Instead of solely betting on the winner, place bettors place a wager on a horse coming either first or second. The payout will be the same regardless of where the horse finishes.
  • Show: A show bet revolves around the top three horses to finish in a race. As long as the horse you wager on gets on the podium, you will receive a payout. Similar to place bets, the winnings will be the same regardless of where your horse finishes in the top three.
  • Daily Double: For race day featuring several different races, a Daily Double bet is a great way to place a wager on two races simultaneously. It works much like a parlay bet for things like football or soccer, where punters try to predict the correct results of several matches. Daily Double bets may also cover more than two races, with the most typically set at five.

Why is Horse Racing so Exciting to Bet on?

It’s not for nothing that humans have been betting on the outcome of horse races for thousands of years. One of the main things that attracts people is the simplicity of horse races: there isn’t much to it other than which horse is the fastest.

Moreover, in many cases, the action goes down to the final seconds. Consequently, the rush people get from placing bets is intensified, as you often don’t know if your bet will be successful until the last moment.

Horse race betting is also perfect for beginners, mainly because it doesn’t require much specialist knowledge to get started. In fact, things like the TVG channel being renamed to FanDuel TV show how closely aligned horse race viewing and betting are.

How Can I Enhance My Chances of Horse Racing Success?

Obviously, there is no surefire way to guarantee horse race betting success. However, there are numerous ways to make sure you have a better chance of choosing the right horse:

  • Research: Researching previously successful jockeys and horses is an easy way to increase the probability of making the right pick. Although anything can happen in a horse race, things like form and jockey skill are still important. Doing some reading on the in-form picks is never a bad idea.
  • Stay Responsible: Regardless of how good you think you are at horse race betting, chances are you will lose a fair few wagers. This is part of the game, but you must play responsibility to ensure gambling losses won’t result in financial ruin. Set a strict budget and stick to it regardless of your fortunes.
  • Use Bonus Offers: Most racebooks offer various bet promotions and offers nowadays to attract as many new customers as possible. It is highly advised that bettors take advantage of as many of these as possible as it is an easy way to increase your bankroll.
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