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Horse Racing

Horse Racing

Horse Race Betting in the Philippines 

Welcome to OKBet, your go-to platform for horse race betting online! Whether you’re a seasoned bettor or a newcomer to the world of horse racing, our ultimate guidelines have got you covered. We provide comprehensive insights into various game types, valuable tips, and an overview of the best horse racing betting markets available. Whether you’re seeking to enhance your betting strategy or simply want to explore the excitement of horse racing wagering, we’ve got everything you need to know. So, keep reading to dive into the thrilling world of horse race betting and broaden your horizons with OKBet!

Basic of the Game

Horse racing betting works in online casinos in much the same way as in-person at a racetrack or off-track betting facility. However, the difference is you place wagers on horse races from your home instead of traveling to an actual betting station.

To place bets online on horse racing, you must choose a reputable betting site. Once you have selected a site, create an account and deposit using one of the available payment methods.

After you have funded your account, you can browse the available races and betting options. Once you have selected the type of bet you want to make, you must choose the horse or horses you want to bet on and specify the amount of money you wish to wager.

If your chosen horse or horses win, you will receive a payout based on the odds of the bet you placed. Your winnings will be added to your account balance, which you can then withdraw or use to place additional bets.

Understanding Horse Betting Game Types

Horse racing betting games come in various forms, each with rules and strategies. Understanding the different types of horse racing betting is crucial for any gambler looking to place informed bets and increase their chances of winning. 

1. Straight Bets

Straight bets are the most common type of horse racing betting game and are simple to understand. This wager entails putting money on a horse to win or show. You win the bet if your chosen horse finishes in the top three.

2. Exotic Bets

Exotic bets are more complex than straight bets and involve betting on multiple horses in a single race. Examples of exotic bets include: exact as, trifectas, and superfectas. Exactas involve betting on the first two horses to finish in a race. In comparison, trifectas include betting on the first three horses to finish, and superfectas involve betting on the first four.

3. Multi-Race Bets

Multi-race bets involve betting on the outcomes of multiple races rather than just a single race. Examples of multi-race bets include the Daily Double, Pick 3, and Pick 6. The Daily Double involves betting on the winners of two consecutive races, while the Pick 3 consists of betting on three winners. The Pick 6 is a more challenging bet involving betting on six consecutive races’ winners.

4. Prop Bets

Prop bets are a type of horse racing betting game that involves betting on specific outcomes within a race rather than the overall outcome. Examples of prop bets include:

  • Betting on the winning margin.
  • The time of the winning horse.
  • The number of horses that will finish the race.

Prop bets may offer an exciting way to mix up your betting plan for horse races.

OKBet Guide On How to Bet in Horse Racing Philippines

To bet on horse racing in the Philippines, you will need to follow these steps:

Find a licensed and reputable horse racing betting provider in the Philippines. Examples of licensed providers include Philippine Racing Club, Manila Jockey Club, and Metro Manila Turf Club.

Choose the race that you want to bet on. You can find information about upcoming races, race schedules, and horse details on the provider’s website or at the race track.

Decide on the type of bet you want to make. Several types of bets are available, including win, place, and show bets, exacta bets, trifecta bets, and daily double bets.

Place your bet by filling out a betting slip at the race track or using the provider’s online betting platform. Double-check your betting slip before submitting it to ensure you have entered the correct information.

Watch the race and wait for the results. If your chosen horse wins, you will receive a payout based on the odds of the bet you placed.

It is crucial to remember that betting on horse racing is subject to tight laws in the Philippines and must be done through a certified source.

The 5 Best Horse Racing Betting Sites You Should Know About

In this article, we will explore the top 5 horse racing betting sites, including their features, bonuses, and reputations, to help you make an informed decision when it comes to betting on horse racing online.

1. OKBet

OKBet is a popular horse racing betting site offering a user-friendly interface and a wide range of betting options for novice and experienced bettors. They have a mobile app that allows you to bet on the go and watch live horse races from anywhere in the world. OKBet also offers new members a generous sign-up bonus, making it an attractive option for those looking to get started with online horse race betting.

2. Bet365

Bet365, one of the largest sportsbooks in the world, has a strong platform for betting on horse racing. Bet365 has a reputation for providing some of the best odds and markets on horse races, and they also offer live streaming of races to their customers. They have a mobile app that allows you to bet on the go and access all their features from anywhere.

3. TVG

TVG is a US-based horse racing betting site that offers a range of betting options and live streaming of horse races from tracks worldwide. They have a user-friendly interface and a mobile app that allows you to bet wherever you are and access all their features from anywhere. TVG also offers a sign-up bonus to new members, making it an attractive option for those looking to get started with online horse race betting.

4. William Hill

Horse racing is one of the many sports that can be bet on at the well-known UK betting site William Hill. They have a comprehensive horse racing betting platform that offers their customers a wide range of markets and live streaming of races. Additionally, William Hill provides a mobile app that gives you access to all of its features and lets you bet while you’re on the go.

5. Paddy Power

Paddy Power is an Irish-based betting site offering various sports betting options, including horse racing. They have a comprehensive horse racing betting platform that offers their customers a wide range of markets and live streaming of races. Paddy Power also offers a mobile app that allows you to bet everywhere and access its features. They also provide their customers with various promotions and bonuses, making them attractive for those looking for value in their horse racing bets.

Register now at OKBet!