Types of horse racing bets are very diverse, in this article we will bring you 9 types of horse racing bets that are popular in Singapore for your reference.
Horse racing bet is one of the most famous sports betting game in Singapore (and Malaysia). It has kept Singaporeans entertained since more than a century ago.
Singapore Turf Club is the main operator, bookie & provider of horse racing sports and they are regulated by Singapore Pools and Singapore Totalisator Board. No worries about illegal gambling woes as both of the latter are regulated and licensed by the Government of Singapore.
With advent of internet technology, online gambling activity has become the new norm of gambling offering everything you can find in a land-based casino and bookmaker centres such as casino games (roulette, blackjack, poker, etc), online slot games, sportsbook, toto lottery and of course, online horse racing. Online gaming gives people the utmost convenience to place their bets in the comfort of their home.
Though online, they (especially online casino Singapore) are never lack of betting options. It is exactly as though you are betting in real-life centres. Here are the main 9 types of Horse Racing bets punters can find in online casino Singapore.
It is one of the simplest way to place bets and also one of the hardest to win. It is simple because all you have to do is wager on a particular horse that you think will win. And it is really hard because you have to analyse your horse meticulously before placing your wager on it. If your chosen horse crosses the finish line as the champion, you will win the bet.
Another simple bet; this is a wager on a horse to cross the finish line in 1st or 2nd place. The payout is lower because the pool of monies wagered will be split between the champion horse and the runner-up (2nd place) horse.
It is one of the easiest bets in a horse racing event. All you have to do is simply pick a horse to finish in the 1st, 2nd or 3rd position in a race. You will gain a high payout if your chosen horse finish in any position in the top 3. Meanwhile, if your horse finishes out of the top 3 (also known as “off the board”), you don’t win any money.
In most bets, one is required to pick the horse one thinks will win. However, given the grand event at Singapore’s Racecourse with many horses, the chances to win are low. Each Way bet comes in to strengthen your odds. Each Way bet is 2-bet system where it allows you to wager on two things; The first bet is that a particular horse will win the champion, whilst the second bet is that a particular horse will finish in any position up to 5th place.
If the first bet wins, you win for both bets. If the horse wins anywhere from 5th to 2nd place, you will win only the second bet. This gives you more opportunity to gain some returns from your bet.
This is a 3-in-1 horse bet with Show, Place and Outright (Win) bets in one bet. If the chosen horse finishes first, the bettor receives payout from all 3 bets; if the horse finishes in second place, the bettor receives payout from 2 bets (Place and Show); if the horse finishes in third place, bettors will receive payout for Show bet only while losing the other 2 bets.
A flexible yet challenging bet for punters to make. The Forecast bet comes in several variants with a slight difference in their betting requirements. One Forecast bet lets you select two particular horses that will finish in the 1st and 2nd place in exact order (E.g. Horse 3 to finish in 1st place, Horse 5 to finish in 2nd place). Meanwhile, another variant of Forecast bet lets you to bet on two chosen horses to finish in the top 2 places without in exact order.
A challenging and exciting bet, the Tricast bet requires’ gamblers to predict the 1st, 2nd and 3rd finishers in a given race…and each of the three selections have to finish exactly in your chosen order. One fine example is:
This type of betting requires’ bettors to wager on minimum 4 horses that will finish in the 1st, 2nd, 3rd, 4th position in exact or any order, depending on the variant of the First Four wager.
A pretty straightforward bet; the bettor needs to select four horses, with each of them finishing in the 1st, 2nd, 3rd and 4th place of the race in the exact order for a successful payout.
This bet allows bettor to select four horses to be placed in the top four in any order. As long as your chosen four horses end up in the top 4, you will win the bet. This is a more expensive bet because there is a greater chance of winning in this wager.
This bet allows bettor to select one horse to win 1st place in that given race, with the remainder three horses to finish in 2nd, 3rd and 4th position in any order. Once that happens, the bettor wins the bet.
An all-in-one bet, this allows the bettor to combine multiple bet selections in one bet. Every bet selected need to be successful to win the Accumulator bet. You can create your own accumulator from the list here.
The Accumulator bet gives a more lucrative payout than if you were to place separate single bets because it is a tougher feat to win and that each multiple single bets in the accumulator must win to guarantee a return. If one bet in your selection lost, then your entire accumulator bet losses as well. This is one of the most challenging form of gambling with a superb high return!
READ MORE: 7 Strategies to Win Horse Racing Bet in Singapore
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