Horse racing is one of the oldest sports in Singapore – with its tradition, thrill, and chance to win big, it’s no surprise why everyone is betting on it. But if you’re a complete newbie to this, you might get overwhelmed by it, especially on the unfamiliar terms used by seasoned punters, complex-looking odds, and different types of bets. More often than not, newbies struggle to understand where to start. That is why we, at WClubSG, will be talking about everything about horse racing betting – from how it works and several ways to bet on pony races.
Understanding Horse Racing
While betting on horses can feel like an elaborate task at first, it actually shares a lot of similarities to the other types of sports betting once you know the basics. Here’s one of the things that you need to know about horse racing betting in Singapore.
Terminology
When you look at any race at Singapore horse race betting, the most common things you’ll encounter include the following information:
- Post Time – It is the time when the horse race will start and if you are planning to bet on live horse races, you must be aware that post time may occasionally delayed.
- Distance – Are races of ponies are presented in miles, furlongs, and yards.
- Handicaps – For international horse races, especially in Europe, use handicappers, whereas, the British Horse Racing Authority (BHA) assign weight handicaps to each horse. Like in Asian handicaps in football betting, this makes the field even out, especially in horses with different abilities to compete in the given race with equal chances.
Types Of Bets For Horse Racing
As we said earlier, the number of betting options for horse races is so varied, and to simplify the situation, here are the top three categories for it.
Win-Place-Show
This is perfect for newbies in horse racing because all you need to do is just pick your steed and bet on it to finish the race in:
- Win – 1st place
- Place – 1st or 2nd race finisher
- Show – 1st, 2nd, or 3rd race track finisher
Additionally, you can also wager on ponies across the board, whereas the steed must win in either of the three – place, or show for you to win – and, if your chosen steed runs 3rd or better you will win. On the other hand, you can also place a win-place bet, where you are staking that the horse will either win or finish the race in second place.
So if you’re a complete newbie and you want to make your betting experience at WClubSG as simple as possible, this betting option is perfect for you.
Exacta and Exacta Box
Do you think you can predict the first two horse finishers in particular series? Then, you may want to check out exacta bet whereas, you can place a straight bet on the runners who will cross the line, and will only win if the ponies finish in that very sequence.
In exacta box, this means that you will be predicting the top two finishers in any order. Therefore, you will be covering both possibilities:
- Horse #1 (1st place) & Horse #2 (2nd place)
- Horse #2 (1st place) & Horse #1 (2nd place)
But take note that boxing exacta bet means you will need to double the amount of your initial bet because you’ll be covering 2 exact combinations.
Trifecta & Trifecta Box
This type of horse racing betting market offers you a high-risk, high-reward opportunity, not to mention that they are also the toughest bets to make.
In Straight Trifecta, you’ll be picking the exact order of the first 3 horses that will cross the lines. Therefore, you’ll be staking horse #1 (1st finisher), horse #2 (2nd finisher), and horse #3 (3rd finisher) in precise order. In Trifecta Box, you’ll be picking three (or more) horses to finish in the top 3 spots in any order.
Superfecta/Superfecta Box
This horse betting market is arguably the biggest and most challenging option in horse racing as you will be picking the 1st, 2nd, 3rd, and 4th finishers in exact orders. And while it offers the largest payout among the others, winning on it is like shooting in the dark and requires a lot of knowledge, experience, and luck.
Horse Racing Betting Odds
Similar to other sports, odds are presented in different formats such as fractional, decimal, and American odds. So if you have been betting on sports like football or basketball at WClubSG, then you can quickly read betting odds on horse racing.
Wrap Up
Knowing the basics of horse racing betting is actually one of your keys to making successful bets at Singapore horse race betting sites like WClubSG. Join WClubSG now and start exploring your options for horse racing – don’t forget to claim your welcome bonus, too!
FAQs:
What’s A Form Guide And Why It’s Important In Horse Race Betting?
This is about the past performances of the horses, and you can use it as a basis when choosing a horse to win in the race.
Can I Legally Place Bets On Horse Races In Singapore?
Yes, of course, it is actually one of the legal options for betting in the country, next to a lottery.
What Factors Can Influence The Race?
Track conditions and jockey’s decisions can influence the outcome of the horse race.