LEARN HOW TO BET ON THE HORSES

How to Bet on Horses is an online educational resource for sports wagering enthusiasts interested in learning about the ins-and-outs of betting on the horses. Our website provides you with a comprehensive guide to betting on horse racing. We tell you all there is to learn about betting on horses, reading a form guide and placing a bet with a licensed bookmaker.

Placing a bet on a horse race can be as simple as picking a number and throwing down a $5 note, however, selecting a horse based on an informed decision requires more thought and knowledge. There is a lot to learn. Even those that can select a horse and read a form guide often don’t choose the most suitable bet type or bet with a decent bookmaker. These factors are important if you hope to get the biggest return from your selection, should it win. We have broken down the process into steps in order to simplify the learning process.

A STEP BY STEP GUIDE TO BETTING ON HORSES

Our step by step guide takes you through the process of placing a good bet. The first step is to decide what it is you want to bet on. If you want to bet on a horse race, eg. the Melbourne Cup, then you need to read the form guide in order to make a decision as to which horse you want to bet on. Our thorough explanation of reading a horse racing form guide will walk you through every form book detail.

Once you have selected the horse that you want to bet on, you then need to decide what bet type to use. Do you want to place a win bet or a place bet or maybe an each way bet? There are lots of different bet types available to punters including: win bet, place bet, each way bet, quinella, trifecta, quaddie etc. Some win bet types offer different returns so it is very important to understand the different bet types available and select the betting product that will return you the best dividend.

The next step is to find a good, reliable and trustworthy bookmaker; and set up an account with a them. The good news is that all bookmakers now operate online. How to Bet on Horses has a dedicated page to document the advantages of various leading Australian bookmakers to assist you to choose a good bookmaker.

To assist you with selecting a good value bookmaker, it will pay to visit and filter through the free bets and sign up offers available to new registered customers from Australian bookmakers. After selecting a bonus from a bookie, all that remains now is for you to place your bet. We step you through the process of placing a bet with an online bookmaker.

STEP 1

Decide where to bet

Decide where and what it is you want to bet on. Bookmakers offer all sorts of markets on almost every sport and of course horse racing. Horse racing betting is available throughout Australia, from country meets to Flemington. So decide which sport or horse race you want to bet on.

STEP 2

Select the horse you want to bet on

Once you have selected the horse race you want to bet on, you then need to decide which horse you want to bet on. If you are betting on the Melbourne Cup, and it is your one annual bet, you may just wish to pick a number or a horse with a good name. Another method of selection is to read an expert’s horse racing tips and bet on one of their selections. Or, you may wish to make an informed selection of your own; if that is the case you really should understand the ins-and-outs of reading a form guide. Our explanation on how to read a form guide will set you on the right path.

STEP 3

Choose a bet type

Choosing the best bet type is a step often overlooked by punters. A bet type is the type of bet you intend to place on your horse eg. a win bet. There are many types of bets you can place: win bet, place bet, each way bet, quinella, exacta, trifecta, first four, daily double, quaddie and the big 6. These bet types are all defined on our bet types page.

There are also various different win bet types. For example, tote bet, fixed price, top fluctuation, best of the best etc. These different bet types all pay out different dividends. It is important to select the bet type that will most likely pay the highest winning dividend should your horse win.

STEP 4

Choose a good bookmaker

The next step is to select a bookmaker that offers betting on your race and offers the bet type that you want to use. In most cases, all bookmakers offer betting on the same horse races, however, not all bookmakers offer the same bet types and this is the detail that sorts the good from the bad. A list of highly recommended, reputable bookmakers can be found on our bookmakers page. There are also great value free bet offers available to visitors who sign up via this site.

STEP 5

Place your bet

Finally, it is time to place your bet. Placing a bet is fairly simple, once you have: decided what it is you want to bet on, read the form guide, chosen a bet type and selected a good bookmaker. You simply log into your online account with your bookmaker, select the race you want, eg. Melbourne Cup, select your runner, choose your bet type from the menu and decide how much money you want to stake. Our guide to placing a bet runs through this process with an example.