Get Ready for Horse Racing Betting Online at 96ACE Singapore
Traditional horse racing involves hundreds or even thousands of people going to a race track to watch horses race each other. Each horse has an individual owner and wears a label with a number or name when it races on the track. All of the spectators surrounding the track are there to watch the game and to bet on which horse they think will win the race.
There are different odds of winning placed on each horse in a race. If you bet on a horse with greater odds against it but it ends up winning, you will win the biggest cash prize. That is what makes horse race betting so exciting because you never know which horse is going to surprise people as the winner.
Different Types of Horse Racing Bets Explained
There are different types of bets you can place on a horse racing event to make it easier to win money from your bet. The following is an explanation in layperson’s terms of the different types of horse racing bets you can make:
Win – The fastest way to place a bet. You are simply betting on which horse you think will win the race.
Doubles – You place one bet on two horses in two different races for a chance to win greater prize money.
Trifecta – You bet on the first three horses that you think will win the race, but you have to select them in the correct order of 1st, 2nd, and 3rd places.
Exacta – You bet on two horses in a race that finishes in a particular order.
Quinella – You bet on two horses in a race that finishes in any order. It is much easier to win than Exacta bets because the order doesn’t matter here.
Place – You bet on a horse that you think will finish 1st, 2nd, or 3rd place in a race. It doesn’t matter which of the three places they finish because you will win something either way.
Each-Way – You make two individual bets for an event: a place bet and a win bet. The place bet is a bet on which place you think the horse will win, while the win bet requires the horse to win first place. It is a way to make two separate bets in the same event if you are not confident which place the horse will win.
Understanding Each Way of Horse Racing Betting
The amount of money bet on a horse in a single race will determine the odds of the horse winning. For example, if more people bet money on a particular horse to win, the odds against the horse decrease, which means they have a greater chance of winning. As a result, the cash payout is less because more people bet on the horse to win.
The way you win substantial cash prizes in horse racing betting is if you bet on a horse with greater odds against it. In other words, if you bet on a horse that few other people have bet on, you will win a bigger slice of the cash prize pool. It is much riskier to place bets on horses with the odds against them, but the payoff is better if the horse wins.
Deciphering Horse Racing Betting Odds
Horse racing betting odds look something like this: 7-2, 8-1, 5-2, 3-5, etc. The numbers refer to how much you will receive versus how much you paid.
Let’s look at the 7-2 odds as an example. If you bet on a horse with 7-2 odds, it means you will win $7 for every $2 you bet on the horse. That means a $100 bet on a horse with 7-2 odds would earn you $350. These odds are much higher against the horse, so the payout is higher when the horse wins.
Major Horse Racing Event that you can Bet at 96ACE Singapore
Betting on horse racing online is just as exciting as betting on horse racing at the track in person. However, horse racing online in Singapore opens many more opportunities to bet on various horse races in different countries throughout the world without having to be there to bet on them in person. In fact, you could do all your horse race betting from the comfort of your own home or office.
96ACE online casino Singapore allows our players to place bets on major horse racing events worldwide. You can access horse racing events in Singapore, Malaysia, Korea, Hong Kong, Australia, and other locations. The horse race event lists can be filtered by Upcoming, In Progress, Abandoned, and Resulted.
For example, if you want to bet on an upcoming horse race or current horse race event, choose the Upcoming or In Progress filters, respectively. It will present you with a list of all the horse races that fall under that filter. Betting on upcoming horse racing events allows you to plan ahead of time by doing the necessary research on the horses before placing your bets. But if you are confident in the horses you want to bet on already, then you can place bets on events in progress.
How to Start Online Horse Racing Betting at 96ACE Singapore
It is easy to get started betting on horse races online at 96ACE Singapore. First, of course, you need to register for an account at 96ACE Singapore if you don’t have one already. Creating an account will give you access to not only our horse race betting platform but also our online casino and live casino games.
Once you have signed up for a new account and verified it in your email, log into this account and visit the 96ACE Singapore homepage. Select the Horse Racing Betting Singapore link in the navigation bar on the top of the homepage to access the horse racing gateway. From there, you can see a list of all the various offshore horse racing events that you can bet on.
Select a particular horse racing event to learn more information about it, such as the horses’ odds of winning and their racing history. Using this information can help you make more informed betting decisions before placing a money bet on a particular horse.
Conclusion
96ACE Singapore streamlines the process of online betting on horse races worldwide. We offer an easy-to-use interface for placing quick bets by using the money deposited into your 96ACE account. Just consider the odds of each horse in a particular race, choose a bet type, and place the amount you want to bet on a specific horse. It is that easy.