Beginner Tips for Betting on Horse Racing 

Horse racing is extremely popular when it comes to sports betting. In fact, for most racing enthusiasts it’s a huge part of their race day experience. If you’re new to the exciting world of horse racing, you may be wondering how to bet on horse racing. Well, luckily for you, it’s simple. And this guide is going to provide you with everything you need to know.

Choosing a Betting Platform

Whether you’re betting on horses or football betting, choosing the right platform is essential. Which is why you should take the time to find the right platform. The main thing you need to look out for is licensing and regulation. This is what ensures a platform is running legally. Additionally, a betting platform should have security measures in place to protect you and your information too. Some other important factors to look out for include the different types of horse racing bets on offer, bonuses and promotions and finding a platform that offers resources on how to bet on horses. Be sure to read online reviews before making a decision, this can be a good indicator of the quality of a platform.

The Best Race Days for Beginners

Ascot Racecourse

In the UK alone, there are a number of racing events that are perfect for horse racing betting beginners. That’s not to mention the worldwide events such as the Kentucky Derby or the Melbourne Cup. These events happen all year round. As a beginner, some of the best events to get started with betting on the ponies include:

  • Royal Ascot: held in June each year
  • The Grand National: held in April each year
  • Cheltenham Festival: held in March each year
  • Epsom Derby: held in June each year

These events will have a number of races to choose from. Because they are so popular, you will also find that most betting sites will have special bonuses and promotions dedicated to the event. This can be a great way for beginners to experiment with their betting strategies and even try out different types of bets. Just be sure to read the terms and conditions of an offer before signing up. These tend to come with different wagering requirements.

Ensuring a Positive and Safe Experience

Regardless of your experience in betting, approaching it responsibly is essential. This is the only way to ensure a positive and enjoyable experience. Some responsible gambling practices include:

  • Setting a budget to prevent yourself from overspending
  • Never chase losses
  • Take some time to research to allow yourself to make informed decisions 
  • Follow internet safe practices when betting online to protect your personal and financial information