INDIBET Online Horse racing is one of the most popular sports for betting in India. Picking the winning horse brings rewards, which enhances the excitement of the competition.
INDIBET adapts to all the innovations of modern gambling platforms. Therefore, it offers players the opportunity to place bets both before the race and during the race. Below is a detailed introduction to live horse race betting. These types of bets are placed after the race has started, giving bettors a high probability of making successful predictions. They can analyze how the race starts and how the horses perform in that short period, and use this information when placing bets.
Whether you want to pick the winner of the Belmont Stakes or think you can predict the top three of the Ascot Gold Cup, our quick guide article will help you understand everything you need to know about betting on horse racing at INDIBET.
Understanding INDIBET Odds:
INDIBET betting odds are used to determine the likelihood of a specific outcome in a sporting event. The odds provided by INDIBET bookmakers indicate the probability of any specific result occurring in a sporting event. Through betting odds, players can also judge the expected return on their stake if the prediction comes true.
Before placing bets, you need to understand a few key terms:
- Stake: The amount you decide to bet.
- Odds: The “price” you agree to bet at.
- Payout: The expected return if your bet wins.
Probability reflects the likelihood of any specific event happening, and betting odds reflect the same. The lower the odds, the more likely the result is to happen; the higher the odds, the less likely the result.
Of course, it is important to point out here that, while probability in mathematics can be calculated scientifically, horse racing is entirely different.
We love INDIBET sports betting because the result of the race is not determined by any formula, and the unpredictable nature of sports means that even if you bet on a result with high odds, representing a low probability, it can still happen.
Likewise, low odds indicating a high likelihood of a result cannot guarantee that it will come true. This is the mystery and charm of sports betting.
Top Horse Racing Events to Bet On at INDIBET
Horse racing enthusiasts find betting on INDIBET particularly thrilling due to the wide variety of races held year-round. With so many major events, there’s always something to keep bettors engaged. Below are some of the most prestigious and rewarding horse races you should be following:
Melbourne Cup
The Melbourne Cup, Australia’s most iconic horse race, takes place annually on the first Tuesday of November at Flemington Racecourse in Melbourne. The event draws worldwide attention, with nearly 400 horses competing for a spot each year. This 3,200-meter race features an enormous prize pool, with the champion earning an impressive $6 million.
Breeders’ Cup
Recognized as one of the premier horse racing events in the United States, the Breeders’ Cup is held at different venues each year. Top jockeys and thoroughbreds from the U.S., Europe, and Asia come together for this high-stakes competition. With prize money reaching up to $5 million, it attracts some of the sport’s most elite horses.
Kentucky Derby
One of the most prestigious races globally, the Kentucky Derby occurs every year on the first Saturday of May in Louisville, Kentucky. It’s the pinnacle of the U.S. Triple Crown series and marks the end of the two-week-long Kentucky Derby Festival. Nicknamed “The Most Exciting Two Minutes in Sports,” the 2,000-meter race is only open to three-year-old thoroughbreds. The race’s trophy alone is valued at over $1 million.
Dubai World Cup
Known for its extravagance, the Dubai World Cup is held annually on the last Saturday of March in the UAE. The race, which spans 2,000 meters, offers an impressive total prize pool of $30 million across its eight stages. Only three- and four-year-old thoroughbreds under 57 kg are allowed to compete, making it one of the most exclusive horse racing events in the world.
All of these top-tier horse racing events are available for betting on INDIBET, providing thrilling opportunities for those looking to wager on some of the sport’s biggest events.
Types of INDIBET Horse Racing Bets:
There are many ways to bet on horse races, from the straightforward “win” bet to “each-way” bets and more specialized bets. Here are some examples:
- Win Bet: Your bet wins only if the horse you bet on wins the race. For example, if you place £10 on a horse at odds of 4.000 and it wins the race, you would receive £50—your £10 stake plus £40 in winnings.
- Each-Way Bet: An each-way bet essentially combines two bets—one on the horse to win and another for the horse to place. Placing can refer to finishing second, third, or fourth, depending on the number of runners. Sometimes, in events like the Grand National, there may be six places.
When placing your bet, you’ll see the “each-way” option on the race card, which will show how many places are paid out and the percentage of the odds paid for a place (e.g., a quarter of the odds for a top-four finish).
If you place an each-way bet of $10 on a horse with odds of 20.000, the total stake would be $20. If the horse wins, you would receive $270—$200 from the win bet and $50 from the place bet (paid at a quarter of the odds), plus your $20 stake back.
If the horse places second, third, or fourth, you would receive $60—your $10 place bet plus $50 from the place winnings.
- Place Bet: You can also bet on a horse to “place” only. In this bet, the odds for each option to finish in the top three (or four, depending on the number of runners) are fixed, known as the tote system. If you bet on a horse to place in the top three, your bet wins as long as the horse finishes in the first, second, or third, and you will be paid out based on the odds you bet, regardless of the horse’s actual finish position.
Special INDIBET Bets:
Special bets in horse racing involve betting on multiple horses. These include Exacta and Trifecta bets, which are among the most popular special bets.
- Exacta: In an exacta (also known as a forecast), you need to pick the first and second-placed horses in the correct order. For example, if you bet on an exacta of 2-4, your bet wins when horse 2 finishes first and horse 4 finishes second. You can also bet on a reverse exacta. In this bet, your bet wins as long as your selections finish first and second in any order—but note that the stake for a reverse exacta is doubled. For example, a $5 reverse exacta would cost $10 because you are betting on two outcomes (2-4 and 4-2).
- Trifecta: In a trifecta (also known as a trifecta bet), you need to pick the first, second, and third-placed horses in the correct order.
All horse racing bets on INDIBET use the tote system, meaning the odds you place your bet at are the odds that will determine your payout if the bet wins.
INDIBET Horse Racing Betting Strategies:
As with other sports betting, successful bettors must be calculated and know how best to invest their money and time. Whether you’re a recreational racing fan or an experienced professional bettor, everyone should know what information they need before placing a bet.
In the digital age, we have access to unprecedented amounts of information with just a few clicks when making these decisions. Here are some questions and answers that can help you make smarter horse racing decisions:
- Does historical data provide important information for betting?
Yes, and where possible, it absolutely does. When analyzing historical data, you’ll naturally want to check the past performance of the horse you plan to bet on, but you can also look at information about young horses with little race experience. This includes breeding and pedigree information, which can detail the type of track conditions or race distances the horse may excel at.
Of course, after learning about the horse itself, the most important historical data to review is still the horse’s past performance. In today’s horse racing world, we can easily find large amounts of information and statistics about a horse’s past performance. Making full use of this can help us make wiser betting decisions.
- Does the track condition affect the race?
Each race will come with information about the track condition. Track conditions include soft ground, hard ground, or firm ground. However, we also need to pay attention to different types of synthetic tracks (such as Polytrack, Tapeta) because horses perform differently on various surfaces.
Some horses perform particularly well on soft ground, while others are more suited to hard or fast ground. If a horse has never raced on extreme conditions (such as soft ground), there may be some unknown factors involved.
Some horses are versatile and can perform well on any surface, but a large number of horses excel only in their preferred track conditions.
- Should I know which trainers and stables are the most successful?
The more information you have, the better. The most successful trainers are certainly the ones who win the most races. Like horses, trainers may also excel at specific tracks, so it’s worth paying attention to this type of information.
Recent performance is also crucial. Many bettors like to bet on horses from stables that are currently “in form” (those that have recently won races). Sometimes, stables go through slumps and may not be favored by bettors.
- How much influence do jockeys have on a horse’s chances of winning?
Similarly, the best jockeys often win the most championships. Bettors are often more willing to bet on horses ridden by their favorite jockeys. Top jockeys are often a positive factor for a horse’s chances of winning.
However, sometimes an inexperienced jockey can increase a horse’s chances due to the weight allowance they receive as an apprentice. This information will be marked on the race card and can also be highly valuable.
- How important is money management in horse racing betting?
Discipline is key to success in sports betting, and this is especially true in horse racing. You need to keep your stake level within what you are comfortable with.
Don’t increase your stake just to chase losses or because the option is a betting favorite. Maintaining discipline is essential to long-term success in betting.
- Is it worth betting on long shots/high-odds horses?
In fact, long-shot horses often win races. On average, betting favorites win about a third of the time at best. A horse with odds of 100/1 won’t win frequently, but when it does, the payout is significant.
If you’ve read the INDIBET horse racing guide and feel a horse has a chance to win, don’t let the odds dissuade you—stick to your judgment. If your assessment is correct, it will pay off in the long run.