Horse Racing Betting in Singapore

Horse racing in Singapore

Gambling of any sort is forbidden and heavily regulated in Singapore due to the several gambling statutes being imposed in the Southeast Asian country. However, there are still two gambling options to choose from for Singaporean bettors and these are lottery and horse race betting.

Horserace betting is heavily supported in the city and the Singapore Pools is offering several bet options for the enthusiasts of this dynamic equestrian sport. Singapore is home to the most prestigious horse racing track in Asia which is the Kranji Racecourse. All of the horseracing events in Singapore are organized by the Singapore Turf Club.

Where to place your horse race bets?

Singapore Pools is the best place to lay your horse racing bets because they are the only gambling authority in the country. Fortunately, they are offering betting odds to bet on all year round. There are also plenty of options for Singapore Pools horse racing on the online betting Singapore platform.

Types of horse race bets

In a single horse race event, punters are entitled to choose the bet type that they prefer depending on the amount of wager they are willing to risk. Here are the classic bet types for horse race bettors:

Standard Bets

Standard bets are the most basic type of wager that you can place in horserace betting. These bets are pretty straightforward to pull off at the online betting Singapore site. 

Win - The win bet is probably the easiest bet in horse race betting because you are only choosing a single horse that you think will win the race.

Place - The place bet allows you to guess if your horse will land in either the first or second spot. 

Show - On the other hand, the show bet lets you guess if your horse finishes first, second or third.

Exotic Bets

Exotic bets allow you to back on two or more horses. While standard bets are easy to pull off and safe, they won't let you go anywhere with your bets. On the other hand, exotic bets are offering huge odds of winning. 

Exacta - Exacta lets you pick two horses and you must guess the exact order that they finished in the race.

Quinella - Meanwhile, Quinella lets you pick two horses but they could land on either position.

Trifecta - Finally, the Trifecta is one of the complex bets because you have to pick three horses and have to land in the exact order that they finished in the race.

Tips on horse race betting

To win in horserace betting, you need to employ certain strategies to boost your chances of winning. 

The most effective method to be a professional horse race bettor is to study the record of the horse, trainers, and the jockeys. Familiarize yourself with the basic information about the race that you want to bet on.

Horse racing is one of the most elite sports in the world and yet it is one of the most lucrative sports to bet on. Another important technique to improve your odds is to avoid wagering on the favorite. While most bettors rely on what is trendy on the betting market.

Ending note

Even though not as thrilling and popular as the sport of football, horserace betting is still a lucrative form of gambling that is readily available in most Asian countries. Make sure that you get your daily dose of horse race bets now at the trusted online betting sites!

Courtesy of: https://www.youtube.com/@OddsJam