People have been betting on the outcome of horse races for centuries. The phenomenon of placing those bets online though is a recent one. It’s only really since the turn of the millennium that people have grown accustomed to placing their wagers on the internet.
Ahead of some of the year’s most eagerly anticipated horse racing events we cover everything you need to know about placing a horse racing bet online, safely and securely.
- Finding a Supplier
Before you place your first wager you need to decide who you will be betting with. As you would imagine, the world of online sports betting is incredibly saturated which means you will have no shortage of options to choose from.
It’s important though that you choose a supplier who you can not only trust with your money, you can rely on for the very best prices and offers for things. If you’re interested in Cheltenham betting, for example, you may want to go with a sportsbook like 888 Sport which is not only renowned as one of the safest bookmakers but also has some enticing offers and odds.
- Picking a Bet
Walk into your local bookmakers on Grand National day and it will be easy to spot the punters who are there for the first time to make a wager on the famous race. They will be the ones standing cross-eyed in front of the betting slips or leaning into the cashier’s window nervously asking what an each-way bet is.
There’s no shame in this, of course, everyone has to learn somehow and the world of horse racing betting is notoriously tricky to get to grips with. Online it can be even trickier to understand as there is no helpful cashier to guide you in the right direction or fellow punters to look over your shoulder and tell you you’re making a bad bet.
This means that the majority of the research has to come down to you. Not only in terms of fully researching the horse and rider you’re backing (you should always do this by the way) but in terms of finding out what the different types of bets on offer are.
Think you already know everything you need to know about horse race betting because you know what an each-way bet is? Well what about an Alphabet bet? A Goliath? A Super Heinz? Or a Super Yankee?
If you don’t even have a vague idea about what these bets are, then it’s time to start Googling them and doing a bit of research.
(Don’t get confused by the bets on offer, spend some time researching them beforehand.)
The key part of making an online wager is depositing your cash to place the bet and then, fingers crossed, withdrawing your winnings. This process should be relatively straightforward with most bookmakers but there are a couple of things you need to know.
Firstly, you have to be absolutely confident that the bookmaker you’re playing with is a trusted supplier. The best way to do this is to research them before making your first deposit. Keep an eye out for negative press stories and for poor reviews from customers who have run into trouble making deposits or withdrawals.
You’ll also need to look out for the padlock icon if you’re betting on browser and for security authentication on mobile apps. If you don’t spot either of these things, choose another provider.