Many countries have legalized gambling, and many others have embraced it, so there’s no reason why horse racing shouldn’t be included. Thanks to the growing popularity of online gambling, there are now a variety of ways for you to place bets on horse races from the comforts of your home. Here are some of the best tips on how to do that.
Sign Up For An Account
The fastest and most convenient way to place a bet on horse racing is to sign up for an account at a reputable online sportsbook. Once you’ve signed up, you’ll be given a cashier’s check or cash equivalent (usually in the form of a credit card) to place your wagers with. You won’t have to wait for mail-in confirmations, either, because all transactions are handled online. This streamlines the betting process and keeps your personal information secure—something that wasn’t always the case with offshore sportsbooks.
Choose A Popular Horse
One of the first things you should do to get started betting on horse racing is to choose a popular horse. This is important because it makes calculating your winnings and losses more straightforward. If you live in a country where horse betting is legal, you’ll want to avoid using ponies or obscure animals as you’ll risk getting laughed at or penalized by the authorities. Your best bet is usually to choose a horse that’s already been in a few races and has some proven track record. This way, you’re sure to get your money back (and then some).
Set A Bankroll
If you’re serious about betting, you’ll need to set a bankroll. This is the amount of money you’re willing to lose on a single bet. If you lose more than that, then you should quit. It’s better to lose a little money than risk your social security number (SSN). Set a small bankroll and always use money you can afford to lose. Those who use the free money online casino bonus are advised to use it responsibly.
Useful Websites
Another critical step to placing successful bets is learning how to use the right websites. There are dozens of online sportsbooks and betting websites out there, all vying for your business. To maximize your winnings, you’ll want to learn how to use websites that are efficient, offer a good range of odds, and are legally licensed where you live. Fortunately, there are a few reliable websites out there that can help you make smarter betting choices. Here are some of the most useful ones.
Bet With Confidence
One of the biggest mistakes newbies make when betting online is getting overly confident. You’ll be tempted to place big bets at first, but that’s when the trouble begins. Overly confident people are more likely to lose their faith in the system and either stop betting or move on to more risky endeavors. If you’re new to betting, then begin small and build up your bankroll slowly. Place little chips on each race and always make sure you’ve got enough money in the first place. Most importantly, don’t be afraid to walk away if the bet doesn’t feel right to you.
Avoid The Tippers
Another common mistake is betting on the favor of other people. Most people have a bad tendency to try and influence or tip the races in their favor. This is bad practice and could result in getting banned from certain sites. It’s also a risky endeavor because you open yourself up to getting cheated. Be careful who you’re trusting with your money and what you’re doing. If it seems too good to be true, it usually is.
Research The Best Place To Bet
Another critical step is researching the best place to bet. There are several options for online gambling in Canada, the US, the UK, and other countries. The legality of online gambling varies from country to country, so make sure you’re complying with the law where you are. Some countries, such as Australia, don’t allow for online sports betting but do permit for casino gaming. Check out where you live to see what’s legal and what’s not. The following sites have all been rated #1 by Reviewed.com and have the best reputation out there:
Bovada
Bovada is a popular Las Vegas-style resort that currently offers sports betting. They’ve been around for a while and have gained a lot of trust with their customers. They are licensed in Nevada and accept players from all over the world. For beginners, they offer a good variety of games and a safe and convenient way to learn how to bet. Most importantly, they offer really good odds for most people—except for sportsbooks that are actually owned by the casinos themselves. There’s no margin of error when using these types of sportsbooks because all winnings and losses are guaranteed. In most cases, you’ll get your money back (plus some).
Bet365
Bet 365 is one of the biggest sports betting brands in the world and is now available to residents of the UK. They’ve been around for a long time and were originally founded in Ireland back in 1924. Their first office was in Dublin and then expanded to London and the rest of England ten years later. They’ve been through a lot over the years and have maintained their #1 reputation by offering great value and high-quality services. The following UK markets are currently available to bet on:
- football
- cycling
- tennis
- ice hockey
- golf
- American football
- baseball
Additionally, Bet365 have some great promotions lined up for the new year, so be sure to sign up for their newsletter to receive exclusive offers and information.
Intertops
International sports betting website Intertops is available in a lot of countries, but they’re most popular in Europe. They are a well-established sports betting website, with over a decade of experience under their belt. They’re licensed in a number of countries, including the UK, where they’re based. You’ll find a selection of major sports, such as football and hockey, as well as a variety of markets, including casino games and eSports. We’ve all heard of eSports, right? This is where gamers compete against each other in multiplayer online battles. It’s a lot of fun to watch and can be pretty profitable, as long as you know how to bet on it. You’ll also find races and events from various sports, such as football, basketball, and baseball. They offer great value for recreational and professional bettors alike.
Paddy Power
Paddy Power is another great option for UK sports bettors and has been around for a while. They’re actually one of the bigger sportsbooks in Europe, with offices in London and Dublin. They’re licensed in Ireland and also accept players from the UK. If you’re from the UK and are looking for an Irish betting site, then Paddypower are worth a look. On their website, they boast that they have “the best customer service in the business” and that their “well-trained and experienced staff are available to provide you with the best possible service 24/7.” They’re also one of the few sites that allow you to make bets on ice hockey, offering both home and away goals—a great way to make sure you get your money’s worth. The range of sports and events available to bet on is endless, including major sports like football and Formula One, as well as a variety of niche sports, such as weightlifting and rugby union. All you need is an account with Paddy Power to get started.