People have enjoyed horse racing betting for almost as long as humans have been riding these magnificent animals. Traditionally the domain of the local bookie, this type of wagering is now readily available at leading US online sports betting sites.

The best sportsbooks ensure they offer a range of racing markets, and cover not only daily races at local tracks, but major international events as well.

Basics and Background

At its most basic, horseracing betting is placing wagers on the outcomes of races. Different types of bets are available, so it is possible to bet on results other than who wins the race.

The popular pastime was brought to North America by the British, who saw the racetrack built on US soil in New York in 1655. Named after Newmarket, the traditional home of the sport in Britain, is became the epicentre of an industry that, over the next 200 years, would spread to the rest of the USA.

What to Wager On

Online sports betting offers bettors a variety of horse races, events and markets to put money on. The sport is far more varied than most of the uninitiated would think, and it takes some skill and practice. Getting to know the horses, jockeys and trainers, understanding how past performances influence bets, and if any injuries or major upsets have occurred are all part of studying form, and will make you a better bettor.

The most common type of race is called Flat Racing, and it takes place on an oval-shaped track. Other popular types include harness, flat, and endurance races. Jump racing, which is also known as steeplechasing, is also a firm favourite among lovers of the sport.

Among the sport’s biggest events in the US are the world-famous Kentucky Derby and the Preakness Stakes. Looking further afield, bettors can also bet on much-anticipated events such as the Dubai World Cup, the Breeder’s Cup World Championships, the Royal Ascot, the Grand National, the Melbourne Cup, and the Prix de l’arc de triomphe.

Different Ways to Win

The markets offered by mobile sports betting brands as well as others are usually big and bountiful in the options they provide. There is plenty of scope for bettors to place simple single bets, as well as complex multiple bets.

The simplest and most popular online sports betting option for races has always been the straight win bet, in which a bettor guesses which horse will win. Also popular are Place bets, in which the second, third, and fourth placers are guessed, and Each-Way bets, in which punters name who will win, or place in the top 3 or 4 positions.

Exotic Bets

There also are various exotic bets available at the best sportsbooks in the USA. Their very nature makes them trickier to win, but it also means they generally pay out well. Among them are Exactas, Quinellas, Trifectas, Parlays, and Trebles.

When placing an Exacta, bettors guess which horses will win and place second, in order. For a Quinella, bettors name the winner and place in no particular order. When placing Trifectas, bettors guess which will win and place second and third in order. Parlays see bettors bet on a horse to win a race series, and Trebles have bettors putting money on on the winners of 3 different races.

Where to Bet

Bettors looking for the best sportsbook for horseracing betting can make it easier for themselves by relying on our recommendations. We only recommend licensed and regulated sites that are powered by the best software and legally accessible within the USA.

They accept a range of payment options, offer Free Bets and other bonuses and promotions, and keep bettors’ personal details safe by using the latest SSL data encryption. The leading online sports betting sites are the most sensible options for enjoying a sport whose popularity shows no sign of decreasing.