There have been many developments in recent years that any serious horse racing enthusiast should be aware of.


Of course, arguably the most enjoyable method is still to go to your local racecourse to enjoy a days racing, whilst pitting your wits against one of the many on-course bookmakers. The new millennium has opened up a variety of betting options for horses. In this article, we will explore some of these new betting options.


Some of these betting techniques are a bit more complicated than others and so are generally only used by the professionals, however for all of you that enjoy betting on horse racing, there is something for everyone.


You can place a wager on horse racing using the internet


The internet has made horse betting possible in a profound way over the past ten years. The internet allows punters to place wagers on any race, anywhere in the world, at any time.


All of this can be done quickly and easily and from the comfort of your own home. You can also monitor horse prices online and, with the introduction betting exchanges you can now bet against other punters.


This evolution has also caused a rapid increase in the number of horse racing tipster services that are now available. In the past, punters would have had to have telephoned their bets in and relied on horse racing tipsters placing advertisements in newspapers.


Vodka138 slot The internet is filled with options, so it is possible to find the right racing tipster service for you.


Betting On Horses For The Pros


The Internet has brought new ways for you to place bets on horses and other sporting events.


As well as the traditional standard betting and betting using the Tote, you can now spread bet on horse racing (which I have covered in a previous article) and also partake in what is called matched betting.


Matched betting on horse racing is essentially the same as standard betting in as much as you can bet on a horse to win, but the difference being that you can 'create' your own odds, rather that betting with the odds that are being offered by a bookmarker.



To take part in matched betting all you have to do is review the odds on a particular horse that other people have offered. Once you find one that is suitable you can match their bet. Alternatively, you can set your own odds and see if anyone is prepared to match your bet and price.


This is a method of betting that is growing in popularity, but I would recommend that unless you are well versed in betting in horses, that you stay away from this for the time being.


Fun Bets are now more accessible


The internet has also helped introduce more people to some of the more exotic or fun bets, such as the Tote Scoop Six. The Tote Scoop Six guarantees a large win if you correctly pick six winners from six races, with the option to also receive a lesser amount of winnings if your horses place well.


You can bet on six races at any racecourse in the country, on Saturday afternoons. This allows you to limit your betting to one racecourse. This in theory gives you a wider opportunity to pick your winners and although this is a popular bet for many punters, I do not recommend it as a staple part of your betting activities.


Beginners Betting On Horse Racing Should Take Note


As you can see, whilst there are many new ways for you to start betting on horse racing, as a beginner I always recommend that you start with the basics rather than trying to be too adventurous too early. You can easily lose a lot of money, especially if you bet online.


You can start by betting on horses for a win at an online bookie. This will allow you to become familiar with horse betting in a structured way. Once you are used to this process, you can then start to look at betting exchanges where you can potentially obtain more value for your bets.


And although you will see bets advertised such as the Scoop Six, Yankees, Doubles and Trebles, my advice is to avoid these at your peril, as they are purely designed, in my opinion, to take a punters money.