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Horse Racing Betting: Markets, Races and Strategy

Horse racing betting remains one of the most traditional types of sports wagering in the world. At VivatBet, bettors can find pre-race competitive betting options for the top races of the UK, Ireland, France, Australia, the US, and other competitive countries. 

Many users who enjoy sports betting also follow major horse racing events throughout the year. If your goal is to use only winning bets, or you want to try other options. Learning about the available markets will definitely make it easier for you to decide what to wager on.

How to Bet on Horse Racing at VivatBet

It is pretty easy to make a racing bet at VivatBet. Here you have the brief list of steps:

  • First, you should visit VivatBet and look for the Line section.

  • After that, from the sports list, choose Horse Racing.

  • Find the race meeting and from among the races, select one.

  • On any odds of your favorite market (Win, Each Way, Place, etc.), click.

  • Put your stake and confirm the wager.

Things you need to keep in mind:

  • Before the race starts, all bets are locked.

  • There is a possibility that the odds will change until the bet is made.

  • Horse racing markets are available through the mobile betting app as well.

  • Double-check the race details before placing your bet.

Horse Racing Betting Markets

There is a wide range of horse racing betting markets that can suit different risk tolerances and betting strategies. It is very important to know these options thoroughly before comparing horse racing odds between different races or events. In fact, many races can be covered this way through live horse racing betting markets when available.

The most common markets are as follows:

  • Win - Your horse has to come first. For Example, odds of 5.00 on A mean A must win the race.

  • Each Way - It's two bets rolled into one: a Win wager and a Place wager. If the horse wins, both parties pay. If it finishes in a qualifying position, only the Place part pays.

  • Place - The horse you have picked must finish within a certain number of places, usually the top 2 or 4, depending on the size of the field.

  • Forecast/Exacta - Picking the first two finishers in the correct order. These markets usually offer bigger payouts but are riskier.

A welcome bonus during major festivals is one such promotion that may add extra value to players who qualify.

Horse Racing Betting Markets Comparison

Market

Risk Level

Best For

Win

High

Confident single-horse selections

Each Way

Medium

Covering a strong contender

Place

Low

More cautious bettors

Forecast/Exacta

High

Experienced bettors

Each Way Betting — The Most Popular Horse Racing Market

Each-way wagers are a popular horse betting choice for one of the main reasons. If it wins, you have the chance of receiving the winning return. You are also given additional protection with a return if the horse completes a placing.

Major points of each way wagering:

  • Each Way bet doubles your stake. A €10 bet Each Way means a total of €20, €10 on Win and €10 on Place.

  • Place terms depend on the race. In smaller fields, the first three may be paid, whereas in big races there can be four or even more places paid.

  • The Place part is generally paid at a fraction of the win odds, mostly 1/4 or 1/5.

Example Calculation

If you wager on Horse A with odds of 10.0 at a 5 euro each-way bet, it means you are making two separate bets:

  • 5 euros to Win

  • 5 euros to the place

  • Total stake: 10 euros

If your pick wins, you will get two times the returns because the Win bet will also pay along with the Place wager. If it only manages to finish second among the places, the Win bet will be a loss. The Place wager can still return some profit depending on the odds.

Besides competition, football betting on both local and international leagues is also liked by many users.

Scenario

Win Part

Place Part

Total Return

Horse wins (10.0 odds, €5 EW)

€5 × 10 = €50

€5 × 2.25 + €5 = €16.25

€66.25

Horse finishes 2nd

Lost (€5)

€16.25

€16.25

Horse unplaced

Lost (€5)

Lost (€5)

€0

Terms for places, such as the number of places paid and the fraction of the odds that will be paid, differ depending on the race and the bookmaker. You can join VivatBet and check its displayed race terms before making an Each Way bet.

Major Races and Events: What to Bet On

Many sports fans who wager tend to put their wagers on big international sporting events. These events normally have the largest amount of bets placed and also offer different types of bets to choose from.

Some of the most popular races include:

  • Grand National (UK), the world's best-known jump race, is famous for its large fields and strong interest in each way betting.

  • Cheltenham Festival (UK) is a four-day festival of top-class jump racing and extensive wagering possibilities.

  • Royal Ascot (UK), Very high-class flat racing with competitive fields and comprehensive horse racing tips coverage.

  • Kentucky Derby (USA), the most famous race in America and the first race of the Triple Crown.

  • Melbourne Cup (Australia), sometimes described as "the race that stops a nation, " attracts attention from around the world.

  • Prix de l'Arc de Triomphe (France), one of the most prestigious flat races in Europe, that features top international horses.

Usually, these events provide a wide range of pre-match betting odds. Also, they provide fairly priced odds, and various wagering options from simply placing Win and Place wagers to the more complex Forecast and Exacta.

Responsible Gambling

For the most part, each day there is a racing program comprising several races, and the races happen every day. Since there are multiple opportunities to place a bet in a single day, it is crucial for you to gamble responsibly.

VivatBet provides a number of payment options to players in Finland. Some of the payment options include Visa, Mastercard, bank transfers, Skrill, Neteller, MuchBetter, Apple Pay, and Google Pay. The payment methods for deposits and withdrawals available to each player may vary depending on the player's location and account status, so players should usually check the cashier section to get the latest information.

VivatBet is licensed by the gaming authorities in Curaçao. It uses various methods like verification of age, implementation of responsible gambling tools, and account security measures to promote safer wagering. Only those who are 18 years or older are allowed to use the betting services. Although some players might opt for other means of entertainment, such as gambling in an online casino Finland, bankroll management remains essential in all gambling activities.

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Frequently Asked Questions About Horse Racing Betting

What is horse racing betting?

It is only a matter of predicting the outcome of a race before it actually happens. Bettors can choose directions such as Win, Place, and Each Way, and the betting odds are locked in when the bet is placed.

What is an Each Way bet?

This type of bet is one that is actually split. In fact, one part of the wager is predicting a horse to win the race, while the other part is predicting a horse to come in a place.

What does "place" mean in racing?

A horse is placed when it is one of a certain number of them, typically three or four. Then, finishing positions depend on the race.

What happens if a race is canceled?

If the race is canceled, the wager becomes void. The money is refunded according to the site's rules.

What is the minimum age to bet at VivatBet?

The minimum age is 18 years. You will need to verify your age as per the requirements of gambling laws and security policies.