How to Bet on Horse Racing

If you want to learn how to bet on horse racing, you should cover a few sections. We will lay all of them out below for you. These include the best horse betting sites, a horse betting strategy, and being familiar with the races you can bet on. Plus, we will cover the different types of horse bets:

 

  • Win bets
  • Place bets
  • Show bets
  • Exotic bets
  • Trifecta bets
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Races You Can Bet On

To make the best horse bets, you will need to keep an eye o the races you can bet on. While there will be plenty throughout the year, the most exciting and the mos plentiful come just a few times every year. However, if you want to stay on top of horse race bets, you will never find a lack of action.

 

These big events are known to be the most exciting minutes in sports. So it is best to get prepared well beforehand if you want to make the best horse racing bet. We recommend that you get to know not only the different horses and jockeys but also the tracks. They can vary widely in shape, length, types of obstacles, and types of terrain. Each horse will have its strengths and weaknesses.

Horse Racing Betting Guide Image

Kentucky Derby

The Kentucky Derby is the biggest horse race for betting around. Known as the most exciting two minutes in sports, this annual event in Lousiville, Kentucky attracts huge crowds and lots of money in horse betting. 

 

It takes place at Churchill Downs in late Spring. The track is dirt, oval, one-mile long, and 79-80 feet wide. This race is part of the Kentucky Derby Festival and attracts thousands of visitors. The stakes and the odds will be sharp here, so novices beware. It can be a lto of fun and intoxicating environment. Using a top horse betting site will help you bet from the calm of your home.

Preakness Stakes

The Preakness Stakes is held on the third Saturday of every May. It is a thoroughbred horse race that takes place at the Pimlico Race Course in Baltimore, Maryland. It is the second jewel of the Triple Crown. 

 

The left-handed track is 9.5 furloughs on dirt. These are important details for anyone who wants to bet on the Preakness online. The winning purse is currently at $1.5 million. The first Preakness was held in 1873, with the hosting race track having changed a few times over the years. 

Belmont Stakes

The third and final jewel of the Triple Crown is the Belmont Stakes. It is normally held on one of the first two Saturdays in June. It takes place in Elmont, New York, and is known for its wide, sweeping turns, making it a very different track than the other two jewels. 

 

Very few horses have been able to win all three jewels. Here’s a complete list of all horses who have won all three Triple Crown jewels.

  • Sir Barton (1919)
  • Gallant Fox (1930) 
  • Omaha (1935)
  • War Admiral (1937) 
  • Whirlaway (1941)
  • Count Fleet (1943) 
  • Assault (1946)
  • Citation (1948) 
  • Secretariat (1973)
  • Seattle Slew (1977) 
  • Affirmed (1978)
  • American Pharoah (2015)
  • Justify (2018)

 

Types of Horse Bets

In a win bet, you simply place a bet on the horse you think will win the race. This is a quick way to bet $100 on the Kentucky Derby without getting into too many complicated details or horse betting terms.
In a place bet, you are betting on a horse to finish the race first or second.
In a show bet, you are betting on a horse to finish the race first, second, or third.
In exotic bets, you are making a series of bets, very similar to a parlay. You can either guess the winner of a series of races, or you can bet on the exact order of the horses in a single race.
A trifecta box bet allows you to choose who will finish first, second, and third without having to specify the order.

Getting Started: Finding Your Horse Race Betting Site

Know that you have read this horse race betting guide, and you know the different types of horse bets, and you are familiar with horse race betting terms, you are more than ready to get started.  You are prepared to make the best horse bets possible. Check out these safe and fun online racebooks.

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Horse Racing Betting FAQ

Find answers to common questions bettors like you have when researching which sportsbook to join.