Horse Race Betting: What You Need to Know 

If you’ve never bet on horse races before, you’re in for a treat. Not only is horse racing an exciting pastime, but there’s a skill element involved, too. If you’re able to pick out an undervalued horse, you can win a lot of money! If you’re looking for some tips for winning online horse racing betting in Singapore, check out this article. It’s filled with useful information, including the differences between placing a place bet and a win wager.

Payout for a place bet is less than a win wager

A place wager pays out less than a win bet, but it still beats losing by a long shot. You may not be aware of it, but a place bet has less payout than a win bet. In horse racing, a place bet is less likely to win than a win bet. In most cases, a win bet wins more money than a place bet.

Past performance on different surfaces

If you want to be successful in betting on horse races, you must know about the track surfaces and the types of horses that race on them. Different horse breeds perform better on different tracks, and some do well on synthetic surfaces while others are better on dirt. To help you make a wise decision, we will discuss the past performance of horse racing on different surfaces. 

Bonuses and promotions offered by online horse race betting sites

Bonuses and promotions offered by online horse racing betting sites can vary widely. Some will give you a free bet if you sign up for their site, while others may offer you a percentage of the bet’s total value. Generally, these offers are the most lucrative, with the biggest bonuses being offered to new customers. Some sites also offer free bets, but these are usually issued in exchange for high wagering requirements.

Exotic bets vs straight bets

If you are interested in online horse racing betting Singapore, you will want to know how to make money in this exciting form of betting. Exotic bets are a type of bet where you place a wager on several horses at once. While they are more complicated than straight bets, they also offer greater potential for profit. Although these types of wagers are more complex, they are popular among horse racing enthusiasts due to their higher payouts.

More complex than straight bets

When betting on horse races, there are three main types of bets available: win, place, and show. Each of these categories plays a different role and has its own odds and payouts. Win bets are the easiest type to place. A $100 bet on a horse with +500 odds will win $500 if it finishes first. Place bets are more complicated because they depend on how many people place the same amount of money on the horse.

Where to bet on horse racing events?

88Probet is the ultimate destination for punters wanting to partake in horse racing betting. It is a Singapore-based online betting and live casino agency. Accordingly, the online gambling platform provides other gaming services such as: Sportsbook, Live Casino, Horse Racing, DogRacing, and 4D TOTO. 

To get started with your horse race betting journey, register for an account on their website at