Perhaps there has never been a sport which has captivated the human imagination for so long as betting on horse races. In any culture that had domesticated horses, it was a natural development that the speed and skill of those horses were pitted against each other. As races developed, people began to seek ways to profit off of their horse sense, and thus sports betting on horses began.
Today, horse betting is common on tracks all over the world. In fact, horse betting is a huge source of revenue for everyone involved in horse races, from jockeys and owners to the government s of the lands where the race is held. Let’s take a look at some of the basics of horse betting สมัครเว็บ GClub.
Types of bet:
Unlike other types of sports betting, there are really only three types of bets that can be made on horse races, and these are common all around the globe.
o Bet to win: As you may expect from the name, this type of bet means a wager is placed on a specific horse to come in first place. The payout for these bets is much higher than the other two.
o Bet to place: The bettor wins if the selected horse comes in either first or second in the race.
o Bet to show: A horse coming in first, second, or third will win money for those who selected it. Obviously, it is much easier to win when betting to show, so naturally the payout for that type of bet is the lowest amongst the three options.
It is legal almost everywhere:
Most types of sports betting are illegal in North America outside of the state of Nevada. Not so with horse betting! This type of wager is condoned by all states and provinces in both Canada and the United States.