Horse Race Betting at Betiton™ Ireland
Last Updated: 08-07-2022 13:41
Horse racing is an equestrian sport—that is, a sport that makes use of a horse as part of the activity—that puts to the test the performance of a racehorse. Moreover, it also tests out the skill of a jockey in handling his horse during the stressful conditions of a race. This makes horse racing an exciting sport and horse race betting just as exciting!
There are different types of horse racing, with each form testing a different aspect of a horse’s performance and a jockey’s skill. We’ll be going over these different forms of the sport later on, just in case you’re new to horse racing.
Other than that, it’s good for you to know that horse racing is extremely popular, which means that there are a tonne of fantastic events for you to enjoy wagering on! These include the Grand National, the Irish Derby, the Cheltenham Gold Cup, and the Irish 1000 Guineas.
However, if you’re also new to online betting Ireland and online wagering sites, there are number of things that you should know about before placing your first wager on racehorses. Don’t worry, however, as we’ll be explaining everything you need to know in this page!
What Are Horse Race Betting Markets?
The first thing that you should know if you’re going to be betting on racehorses is what markets are. Knowing what markets are is important because markets are what you’ll be using to bet on horse racing on our sportsbook for Irish players.
In other words, markets are the available wagers we offer for you to use. Furthermore, it’s also good for you to know that next to every market, there is the odds of that market. This is another important concept which we’ll be explaining further down.
6 Most Popular Horse Race Betting Markets at Betiton™
- Win: as you might easily expect, with this bet you’re going to need to wager on the racehorse you think will finish first.
- Place: unlike the previous market, you need to think to pick the horse you think will finish either first or second with this market.
- Show: this is a bit like the previous market with the difference that you’ll also win this bet if the horse you picked finished third. In other words, when placing a show bet, you’ll betting on the racehorse you think will finish first, second, or third.
- Exacta: this is a popular exotic bet in horse racing. Here, punters have to correctly choose 2 racehorses they think will finish first and second.
- Trifecta: much like the previous market, except our Irish players will also have to wager on the racehorse they think is going to finish third. This means that you’ll be wagering on 3 racehorses.
- Superfecta: last but not least, this final market is like the Trifecta and Exacta bets, except you need to choose which racehorses will finish first, second, third, and fourth.
How to Begin Horse Race Betting at Betiton™
Excited to make your first bet on horse racing? Well, you’re firstly going to need to create an account with us here at Betiton™ Ireland. Without an account, you won’t be able to make use of any of our markets. Not to worry, though, as it won’t take you long to sign up with us.
All you need to do is click on the red “JOIN” button, which will cause a window to pop up. On the pop-up, fill in the fields with the required details. Once you’ve filled everything in, click on “OPEN ACCOUNT” and you’re now an official member!
Afterwards, you’re going to need to make your first deposit. This is the money that you’ll be using to wager with. We support a wide array of trustworthy payment providers, meaning that all your deposits on our platform are absolutely safe.
Once both your account and deposit are ready, you can finally bet:
- Go to the ‘horse racing‘ section of our sportsbook;
- This will take you to all of our currently available markets on the sport;
- Feel free to browse through the markets until you find the ones that appeal to you the most;
- Once you’ve found the market you’d like to bet on, click on it and it’ll appear on the betting slip on the right-hand side of the screen;
- Of course, you’re also quite free to choose multiple markets;
- After you’ve chosen your markets, decide on how much you’d like to wager by adjusting your stake on the betting slip;
- Once you’re satisfied with both your selected markets and your stake, click on “PLACE BETS“;
- Congratulations on placing your first wager on horse racing at Betiton™ for Irish Punters!
What Else Do You Need to Know When Placing Your First Bet on Horse Racing?
When you make your first deposit and make your first wager on racehorses, you’re eligible to claim our new player bonus! This is €10 extra bet that we give to you as a way of thanking you for becoming a member on our platform!
However, do bear in mind that this offer comes with T&Cs and a number of conditions that apply to it. These include the min odds that you need to bet on; the min amount you need to deposit; the min amount you need to stake, and so on.
What conditions apply to our offer are all explained clearly in our T&Cs as well as our bonus policy. Thus, to be fully aware of what conditions apply, we highly suggest that you thoroughly read both our T&Cs as well as our bonus policy.
The Different Forms of Horse Racing
As is the case with every other sport that you’ll be betting on our online sportsbook, there are multiple forms of horse racing. However, the main forms are the following:
- National Hunt
There are a number of differences between the different forms of this sport. These largely have to do with what aspect of the horse’s physique and the jockey’s skill the race puts to the test. Moreover, certain forms also make use of special equipment.
This is unarguably the most common kind of horse racing in the world. In this form of the sport, it’s the speed and stamina of a racehorse that’s put to the test. However, it also depends greatly on the length of a racetrack.
The racetracks in this form of the sport are generally oval and flat (which explains its name). At the same time, there are many different lengths of racetracks out there, with the shortest being about 400 metres and the longest being around 4 kilometres.
Thus, depending on the length of the track, a different aspect of the racehorse’s physique is tested. In fact, the shorter tracks will test a racehorse’s speed, whilst the longer tracks test its stamina. However, the average length of tracks nowadays is between 1–2.4 kilometres. This means that most flat race competitions will test out a combination of the racehorse’s speed and stamina.
This form of the sport is known by many names, including steeplechasing and the jumps. The most defining aspect of these competitions is the fact that the horses are made to jump over obstacles. There are various obstacles that feature in these contests.
These include fences, ditches, and water. It’s pretty clear, then, that these contests are designed to put the test the power of a racehorse and the jockey’s ability to ride and control his racehorse over “difficult terrain” without any problems.
Interestingly enough, however, National Hunt events are generally contested by older racehorses. In other words, as a racehorse gets older, it will be raced over longer distances and larger obstacles. Younger racehorses start off with smaller obstacles.
As the name of this form of the sport implies, the endurance race is purely designed to test a racehorse’s stamina whilst racing over a particularly long distance. However, horses are stopped from continuing the race every now and again for a “vet check”.
In other words, vets await for the horses at certain intervals in order to check them before allowing them to continue racing. These checks are to ensure that the horse is still healthy enough to participate. On another note: the length of tracks varies quite greatly here as well.
In fact, there is a vast difference from the shortest to the longest track. In fact, the length of the shortest “tracks”, so to speak, are about 10 miles (16.1 kilometres). On the other hand, the longest ones can even go up to 250 miles (402 kilometres).
These extremely long tracks are raced over multiple days. Naturally, since these events are extraordinarily long, they are not held on “tracks” as we think of them. Instead, they are raced on trails that can be found on natural terrain.
Last but not least, our final kind prevents a vastly different take on the sport. Harness racing makes use of special equipment and has adopted special rules, both of which make it vastly different from the other forms we have been explaining thus far.
This form of the sport makes use of what is known as a “sulky“, which is a light, 2-wheeled cart for the use of only one driver and racehorse. Moreover, jockeys constrain their horses to race at a particular speed and they cannot go above it.
These speeds are measured by how a racehorse moves, with each one called a “gait”. The particular gaits used in harness racing are the trot or the pace. Finally, events in this form of the sport are contested by one particular breed of racehorse: the Standardbred.
Most Popular Horse Race Betting Events at Betiton™
- The Galway Races
- Curragh Irish Derby
- Irish Champion Stakes
Stake Your Wagers on the Galway Races
One of the biggest horse racing events in Ireland would definitely be the Galway Races. Rather than being a specific race, this is actually a racing festival that takes place at the Ballybrit Racecourse in Galway, Ireland.
The festival generally happens in July each year over 7 days, which makes it one of the longest equestrian events in Ireland. There are a number of prestigious contests held during this festival, with the most notable races being the Galway Plate and the Galway Hurdle.
Bet On Our Markets on the Curragh Irish Derby
The Irish Derby is one of the most prestigious flat races in the country. In fact, it’s considered to be the Irish equivalent of the extremely prestigious Epsom Derby. The Irish Derby is for both colts and fillies, though there’s an age limit of 3 years old.
It’s a relatively long race too, as it takes place over one mile and four furlongs (2.4 kilometres). The event is held every year at the end of June or beginning of July. Moreover, the Irish Derby is currently held at the Curragh Racecourse in Kildare, Ireland.
Stake Your Bets on the Irish Champion Stake
The Irish Champion Stakes is another Group 1 flat race, but one that’s open to horses that are 3 years of age and older. The race is run every year in September at the Leopardstown Racecourse in Dublin. The track measures a mile and two furlongs long (2 kilometres), making it a bit on the shorter side.
As such, this race is a good indication of how well the horses will perform in later events, with a number of winners going on to win further Group 1 events such as the Prix de l’Arc de Triomphe, Champion Stakes or even the Breeders Cup.
Improving Your Horse Race Betting: What Are Odds & Tips?
Before you can make any wagers on the exciting events we spoke of above, there are a handful of things that would serve you very well to know. These are odds and tips, two important concepts that can make a massive difference in the way you play bets on racehorses. Thus, we’ll be going over the concepts in order to help you out.
Knowing Your Chances: What Are Horse Racing Odds?
First things first, the odds of a market is the number that you’ll see provided with that market. This number is extremely important for you to be able to understand for 2 significant reasons. Firstly, they tell you how much money you’ll receive for a successful wager.
Secondly, they also tell you how likely the event you’re betting on will happen. It’s these 2 factors that will allow you to make better decisions when wagering on horse racing at our sportsbook. However, bear in mind that these 2 factors work against each other.
That is to say, that the higher the probability that a wager will go your way, the lower the amount of money you’ll receive from it. On the other hand, if the bet is less likely to be a winner, you’d receive more money from it if it actually goes your way.
How to Read the Horse Race Betting Odds Formats at Betiton™ Sportsbook
In order to be able to truly read the odds, you’re first going to need to know that there are 3 main formats that represent these numbers. These are the decimal, fractional, and American formats. There are 2 main differences between the different formats.
The first difference is where in the world these formats are most commonly used. On the other hand, the second difference is how these different formats represent the odds. Other than that, the formats are quite interchangeable.
This means that using one format over another is merely a matter of preference. We have, however, already explained how the odds formats we offer on our sportsbook can be understood. Thus, we highly recommend reading what we wrote by clicking on the hyperlink.
What Are Horse Racing Tips?
One other thing that you might want to know before you can go and wager on horse racing is what tips are. These are pieces of betting advice given by experts in the field known as “tipsters”. Thus, tips can help you decide who to wager on.
Tipsters generally spend a lot of time analysing various factors that allows them to make educated guesses on who will be the winner in a competition. They will also apply their expert knowledge to their analyses in order to arrive to their conclusions.
Once they’ve finished their analyses, they’ll post their tips on their sites either for free or at a price, depending on the tipster sites you’ll visit. There are many tipsters sites out there, so it’s up to you to decide who the best tipsters are.
Where Can You Find Tips & Tipsters’ Sites on Horse Race Betting?
This is an easy one to answer as all you need to do is look them up on your preferred search engine. However, our best tips are to never bet more money than you can afford to lose; always play responsibly; and to make time for important things in life.
Other Sports to Bet On:
- If you’re looking to bet on other sports, there’s no greater sport to wager on than football! We know how much our Irish punters love football betting which is why we’ve done all that we possibly can to provide you with plenty of football markets.
- Another sport that we know our Irish players love to wager on is golf. In fact, you can find tonnes of golf betting markets on our platform for you to enjoy wagering on!
- Finally, our punters from Ireland may also have their fill of rugby betting markets on our sportsbook. We know how popular wagering on rugby is in Ireland, so we saw to it to provide you with plenty of rugby wagers!
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Horse Race Betting FAQs
What are furlongs in horse racing?
A furlong is an old, obsolete unit of measurement that measures about 201 metres. Furlongs are used almost exclusively in horse racing nowadays, simply for the sake of tradition.
How does the handicap system work in horse racing?
The handicap system in horse racing is a system where horses are given a weight (i.e. the handicap) according to how good their performances have been in recent times. This is done to ensure an equal competition between the various racehorses participating in a race. The weight that a horse is given to ride with depends on its current rating.
What does the rating mean in horse racing?
The rating of a racehorse is how that racehorse has been performing in contests as of late. Moreover, the rating is given to a racehorse depending on whether it has won any of the races it has recently participated in or placed in the top 6.
What is the best horse racing bet?
There is no best bet to place in horse racing. That’s because every way of betting is legitimate and is there for you to enjoy yourself playing on racehorses. Thus, the best bet that you can play is the one that you enjoy most placing.
Are all horse races handicapped?
No, not all horse racing events are handicapped. However, the vast majority of events are, indeed, handicapped.