Horse races are the most popular option if you want to bet on the tracks. NordicBet provides an extensive range of markets for this sports niche, ensuring you can make diverse predictions. It's the same way we provide thousands of online casino games for every player.
Furthermore, you can access competitive horse racing odds with relatively low margins. As a result, there's potential for high payouts if you win. Continue reading as we explain all about betting on horses and the impressive features available at NordicBet.
Brief History of Horse Race Betting
It may sound surprising, but people have been placing bets on horse races since ancient times. Evidence confirms that the activity was popular in Ancient Greece, Rome, and Egypt. At the time, wagering on horses was more about entertainment.
With time, the activity caught momentum and became the king of sports in Europe. In England, to be specific, horse betting was popular among kings during the 17th and 18th centuries.
The very first organised race was in 1664 at New Market, and by the 19th century, pari-mutuel wagering had become commonplace. Indeed, these old forms are different from modern methods of horse betting online at NordicBet. Nevertheless, the thrill and excitement were still the same.
Thanks to the internet, betting on horses is now easier than ever, as you don't need to visit the tracks in person. Simply use your device, browse the available markets on our website, and place your stakes. You can even livestream the races and make in-play bets to make things interesting.
Best Horse Racing Betting Odds
At NordicBet, we make it a duty to provide competitive lines for wagering on horses. So, if you want the best odds, create an account today. You can explore these highly favourable odds for different market options.
Generally, you can tell the best horse racing odds based on the margins and payouts. Both are related and go hand-in-hand. For instance, the lower the margin, the higher the payout, and the more competitive the odds.
As a punter, keep in mind that margins under 5% are strong and ideal. It means you'll get over 95% payout if you nail your predictions. Margins between 6% and 9% are average.
Meanwhile, the odds are not favourable if it climbs more than 10%.
Best Way to Bet on Horse Racing
We present a long list of markets with horse racing betting odds in our sportsbook. If you're curious about the best option, it depends on your strategy. All the same, below are the top ones to consider:
Win/Place/Show
With this option, you're betting that a horse will either 'Win,' 'Place,' or 'Show.' A 'Win' means the horse will emerge first after the race. Meanwhile, a 'Place' bet indicates the horse can come first or second, and you'll still get the payout.
If you want horse racing odds for a more flexible option, consider 'Show.' Picking the option means you'll win if the horse finishes in the top three.
We recommend 'Win/Place/Show' for beginners. However, it's still perfect for experts, and the market is available for pre-match and live betting at NordicBet.
Exacta, Trifecta, and Superfecta
These bet options are somewhat complex, but you get higher horse racing betting odds with them. The first, 'Exacta,' involves picking the first two finishers in an exact order.
With 'Trifecta,' it extends to the top three. Similarly, picking 'Superfecta' means you're predicting the horses will end the race in the first four positions.
If you want to bet on these markets, it's crucial to conduct extensive research. The good thing is that we provide helpful tools for this at NordicBet, so you'll find it all easier.
Each-Way
Previously, we highlighted the 'Win,' 'Place,' and 'Show' options. An 'Each-Way' bet combines the first two—'Win' and 'Place.' In other words, you predict that a horse will come first or second.
Suppose the horse finishes number one. In that case, you get a payout for 'Win' and 'Place.' However, if the horse ends second, you'll collect only the 'Place' payout and lose the 'Win.'
In a way, this horse betting online market works like a hedge. You'll increase your chances of winning by spreading your stake across two outcomes instead of one.
Quinella
A 'Quinella' is similar to an 'Exacta,' where you bet on the first two finishers. However, there's a key difference, which is that you don't need to predict the exact order. So long as the horses you pick end up in first and second positions, you win.
How Do You Know What Horse to Bet on?
It takes in-depth research and analysis to identify the best horse to back with your money. We recommend evaluating the horse's form in recent races.
Also, pay attention to the track conditions for the event location and the jockey's record. When you consider all these, you'll find it easy to make a more informed bet.
Top Horse Racing Events for Online Betting
When staking on horses at NordicBet, rest assured that we'll bring you events from all over the world. Here are the top 10 to check out:
- Kentucky Derby (USA)
- Royal Ascot (UK)
- Prix de l'Arc de Triomphe (France)
- Melbourne Cup (Australia)
- Dubai World Cup (UAE)
- The Grand National (UK)
- Breeders' Cup (USA)
- Belmont Stakes (USA)
- Preakness Stakes (USA)
- Japan Cup (Japan)
Our betting site features horse racing odds for all the above events whenever they're ongoing.
Why Bet on Horse Racing at NordicBet?
As a punter looking for a superb sportsbook with good horse racing betting odds, NordicBet is the perfect platform. We cover all popular events and markets with competitive lines, which ensures top payouts.
Furthermore, our site is safe and has several security features. These include SSL encryption and firewalls, which ensure no one can access your data without permission. Whenever you need assistance, our 24/7 customer team is available.