Top Horse Racing Crypto Betting Sites
- Sportsbet.io – Best Overall Horse Racing Crypto Betting Site
- Bitcasino.io – Best for Crypto Casino Game Selection
- Stake Casino – Best for Low Minimum Bets
- BC.Game – Best for Daily Free Crypto
- Sportbet – Best for Live Betting
- BetOnline – Best for Reload Bonuses
- Crashino – Best for Provably Fair Options
- 22Bet – Best for Promo Codes
- BlueChip – Best for Mobile Betting
- MyStake – Best for Matched Bonus Percentage
Top Horse Racing Crypto Betting Sites
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Summary
When it comes to online gambling services, Sportsbet.io is widely regarded as one of the finest thanks to its lightning-fast service. It also offers boundless entertainment options and an honest wagering environment. There are hundreds of games for casino players to take advantage of. The sportsbook on Sportsbet.io is so extensive that it takes several minutes to go through most of them.
Accepted CurrenciesMain Features
- 24/7 Support
- 24/7 Live Chat
Blockchain
Customer SupportLicences
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- Top Bonus
- Large selection of games
SummaryA superb cryptocurrency choice is supplemented by more than 3,000 different casino games at Bitcasino.io. Plenty of promotions are offered here, so if you like bonuses it will be the perfect site for you.
Accepted CurrenciesMain Features
- Top Bonus
- Large selection of games
Blockchain
Customer SupportLicences
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Exclusive dappGambl Bonus
- Personalised bonus offer
- Provably Fair Games
- Sportsbook with eSports
SummaryFounded in 2017 by the brilliant minds of Ed Craven and Bijan Tehrani, Stake has soon become a staple of online crypto casinos. Not only does it accept both well and lesser-known crypto currencies such as Bitcoin, Ethereum, Cronos, Chainlink and more, but it also offers a wide variety of games - some of which are Stake-exclusive. Adding to its arsenal of gambling fun is the vast sportsbook. Covering sports of major and minor leagues, you are sure to find something for every sport aficionado. If you are from the US, you will want to check out their geo-specific website, which is tailored to this market. All games are free to play as it is seen as a social casino. Overall, there are many reasons why Stake is such a leader of the crypto gambling sphere, and in this complete review we will run you through all aspects of the casino and sportsbook and what they have to offer.
Accepted CurrenciesMain Features
- Personalised bonus offer
- Provably Fair Games
- Sportsbook with eSports
Blockchain
Customer Support
Licences
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Recommended by our Experts
- Personalised bonus offer
- Provably Fair Games
- Low House Edge
SummaryBC.Game casino website will immediately catch your interest because it has a wheel of fortune that offers daily prizes of up to 1 BTC. Exceptional deposit and no deposit bonuses are the crown jewel of its promotions. Additionally, it offers several excellent casino games, including ones whose fairness can be verified. In this review, we shall go over the Games, Bonuses, and Promos provided by the casino.
Accepted CurrenciesMain Features
- Personalised bonus offer
- Provably Fair Games
- Low House Edge
Blockchain
Customer Support
Licences
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Summary
Sportbet is a mainly sports-based crypto gambling platform. It doesn’t just focus on sports though, there are also eSports and casino games on offer here. With provably fair titles also available, this is a site that’s a lot of fun.
Accepted CurrenciesMain Features
- Provably Fair Games
- Shared House Profits
- Sportsbook
Blockchain
Customer Support -
- 24/7 Support
- Cashback
- Jackpot slots
SummaryBetOnline is actually one of the oldest casinos around. Despite this, it hasn’t been worried about changing with the times. It offers players a good choice of different cryptocurrencies and backs this up with a top-class game roster.
Accepted CurrenciesMain Features
- 24/7 Support
- Cashback
- Jackpot slots
Blockchain
Customer SupportLicences -
- Provably Fair Games
- 24/7 Support
- Many cryptos available
SummaryThe space-themed lobby containing astronauts and planets is only the beginning of the wonders of Crashino. Not only does the casino have over 5000 games, but there is also a 3-in-1 package that consists of a casino, live casino, and sportsbook. Crashino is the perfect starting point for both casino newcomers and veterans.
Accepted CurrenciesMain Features
- Provably Fair Games
- 24/7 Support
- Many cryptos available
Blockchain
Customer Support
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Summary
An online casino that boasts an extensive game selection, including thousands of slots, has ultra-fast withdrawals and boasts over 130 software providers, sounds like a dream come true for any avid casino player, right? Well, this is exactly what 22Bet Casino offers. Perhaps we should start by letting you know that this operator was founded players for players. So, you can be sure they know what it takes to take gambling to the next level. Despite being in operation only from 2018, the casino has been making a big splash in the industry. 22Bet Casino is quickly becoming a top choice for online casino players, only rivaled by big names like Stake.com and Cloudbet. Like any other casino, 22Bet isn't without its downsides, but if the good outweighs the bad (marginally), there's no reason why you shouldn't make 22Bet your go-to online casino. Be sure to read through our comprehensive review of 22Bet casino to learn why it’s quickly becoming a favorite for many gamblers.
Accepted CurrenciesMain Features
- Jacks Specials
- Promo Code SI300
- Video Poker
Blockchain
Customer Support
Licences
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New Indian Casino
- Provably Fair Games
- Sportsbook
- 24/7 Support
SummaryFounded under the Curacao license in May 2022, BlueChip is one of the latest crypto casinos and sportsbooks. While it primarily targeted Indian and Asia-Pacific countries, it has already attracted gamblers around the globe. The site is the ultimate home of punters with over 6000 titles, at least 5800 mobile games, and over 300 live casino games. Join us in this BlueChip casino review to learn more about the provider and how you can benefit from their unique offers, such as risk-free bets and rewarding bonuses.
Accepted CurrenciesMain Features
- Provably Fair Games
- Sportsbook
- 24/7 Support
Blockchain
Customer Support
Licences
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- Good Bonuses
- Popular games
- Reputable Game Providers
SummaryMyStake looks to provide players with a unique luxury casino experience. There’s a top choice of game providers and great bonuses offered at MyStake. For crypto aficionados this is a top level site.
Accepted CurrenciesMain Features
- Good Bonuses
- Popular games
- Reputable Game Providers
Blockchain
Customer Support
Horse Racing Crypto Betting Sites Reviewed
1. Sportsbet.io - Best Overall Horse Racing Crypto Betting Site
When it comes to sports betting, Sportsbet.io is one of the biggest names. It has an incredible selection of sports with plenty of events for each sport. On top of this, the market choice is awe-inspiring. Prop bets make up a significant section of the betting markets, ensuring players looking for the best bets can do so easily. Of course, horse racing gets a lot of focus, with everything from the most prominent track meets to smaller events featuring.
While players can’t claim a welcome bonus at Sportsbet.io, it makes up for it with a wide selection of promotions. Many horse racing-specific promotions appear throughout the year, which can add a lot of value to bets.
The KYC at Sportsbet.io is a grey area. There’s no guarantee players will have to go through the process after signing up. However, if Sportsbet.io feels players are behaving suspiciously, the sportsbook will ask for proof of identity. Players must use government documents to prove their identity if the site requires KYC. So, players should be aware KYC is a possibility at Sportsbet.io.
| Crypto Bonus | Wagering Requirement | Minimum Deposit | Available Currencies |
|---|---|---|---|
| No welcome bonus | N/A | $15 | 10 cryptos |
Pros
- Excellent sporting choice
- Lots of markets for different races
- Good choice of cryptos
- VIP scheme provides lots of benefits
Cons
- Doesn’t feature a welcome bonus
2. Bitcasino.io - Best for Crypto Casino Game Selection
Bitcasino.io is one of the most impressive crypto betting sites in the world. It claims it was the first crypto site in the world to hold a regulatory license, which puts it in an exclusive club. It’s not just about the license, though, Bitcasino.io is an exceptionally well-put-together site. There’s a superb sports betting selection, excellent markets, and a vast choice of crypto casino games. It makes it perfect for players who want a varied selection.
The welcome bonus is different at Bitcasino.io. Instead of a matched deposit, players claim cashback on their net losses over the first week of play. 20% cashback is available up to a maximum of 10,000 USDT. On top of this, there are no wagering requirements on the cashback, which makes it an excellent bonus.
One slight downside to Bicasino.io is its KYC policy. Although players don’t have to go through KYC when signing up, they do when withdrawing. It’s disappointing, especially for players who want to remain anonymous. In order to complete KYC requirements, players must provide documents proving their identity. This can be any official document, such as a driving license or passport.
| Crypto Bonus | Wagering Requirement | Minimum Deposit | Available Currencies |
|---|---|---|---|
| 20% cashback on first 7 days losses up to 10,000 USDT | None | 0.0001 BTC | 8 Cryptos |
Pros
- Amazing choice of crypto casino games
- Plenty of sports betting options
- Superb market selection
Cons
- Withdrawals require KYC
3. Stake Casino - Best for Low Minimum Bets
Players on a tight budget will love Stake Casino. The minimum bet of 100 satoshis is among the lowest stakes we have ever seen. Perfect for players who either can’t afford to or don’t want to bet big. While Stake Casino hasn’t set the welcome bonus in stone, a 200% matched deposit is regularly available. It ensures players can increase their budget significantly.
Stake focuses primarily on sport, which ensures horse racing bettors have access to the best race meets. There’s also a superb choice of additional sports, so bettors with multiple interests don’t have to sign up at multiple sportsbooks. Each event also has an excellent selection of markets, giving fantastic access to a variety of prop bets.
Unfortunately, Stake does require players to complete KYC. It removes the option for anonymous play, which is a definite downside, especially as Stake provides one of the best horse racing betting experiences.
| Crypto Bonus | Wagering Requirement | Minimum Deposit | Available Currencies |
|---|---|---|---|
| 200% matched deposit up to $1,000 | N/A | 0.001 BTC | 20 cryptos |
Pros
- Superb choice of sports for betting
- Very low minimum stake
- Amazing welcome bonus
- Lots of different betting markets
Cons
- Fees for withdrawals
- Players have to go through KYC
4. BC.Game - Best for Daily Free Crypto
BC.Game should be in every crypto player’s top 10. It’s one of the best crypto betting sites available, with a massive range of choices. However, its excellent daily bonus wheel makes it a worthwhile site. Here players can spin the wheel once per day and claim up to 1 BTC in free crypto. So, every single day, players can add to their bankroll.
When it comes to betting markets, BC.Game is amongst the elite. Players can bet on almost any combination of bets on most sports. It also ensures horse racing fans can access significant events and smaller meets. There’s an extensive range of sports on offer here, so the choice is superb for bettors who enjoy more than just horse racing.
BC.Game does actually have a welcome bonus on the first four deposits players make. It’s not as well known as the daily bonus wheel, but it’s still available. Players get a matched bonus between 120% and 270% when depositing between $30 and $400 on the first deposit. There’s between 150% and 300% as a matched bonus for deposits between $60 and $600 on the second deposit. The third deposit is between 150% and 300% as a matched bonus between $120 and $1,500. The final deposit bonus is between 150% and 360% for deposits between $150 and $3,000. However, players must achieve 500x wagering requirements when claiming this bonus, which is way above the industry standard.
There’s no instant KYC with BC.Game. So, when players sign up, they don’t have to provide personal information. However, suspicious behaviour or large withdrawals may cause BC.Game to ask for KYC.
| Crypto Bonus | Wagering Requirement | Minimum Deposit | Available Currencies |
|---|---|---|---|
| Daily wheel spin up to 1 BTC | N/A | No minimum deposit | 18 cryptos |
Pros
- Daily bonus wheel can award up to 1 BTC
- Lots of horse racing events
- Fantastic VIP program
Cons
- Doesn’t feature sports promotions
5. Sportbet - Best for Live Betting
Sportbet is a top choice for horse racing bettors. With incredible live betting options, it is a superb selection for anyone who enjoys in-play markets. Horse racing has some of the most innovative in-play options, so Sportbet stands out from the crowd here.
It covers plenty of different sports and events too. So, players don’t have to worry about missing out on some of the smaller race meets, there’s a good chance it will be available. In addition, it also covers eSports. There truly is one of the best betting choices in place at Sportbet. Markets are also superb, so players can pick from a vast range of standard and prop bets. All of this combines with an excellent welcome bonus to make it highly appealing.
Anonymous play is innovative at Sportbet. Instead of either allowing anonymity or requiring KYC, Sportbet gives players a choice. When signing up, they can either play decentralized or provide personal details. One factor is the welcome bonus is only available to players who provide their details. So, anonymous players do have to miss out on certain promotions.
| Crypto Bonus | Wagering Requirement | Minimum Deposit | Available Currencies |
|---|---|---|---|
| Shared House Profits | N/A | N/A | 6 cryptos |
Pros
- Sportbet has excellent live betting
- Lots of different horse racing events
- Features decentralized betting options
Cons
- Anonymous players can’t claim a bonus
6. BetOnline - Best for Reload Bonuses
Horse racing crypto bettors who love to add to their budget will be enamored by what BetOnline offers. While the welcome bonus is impressive, it has much more than just the initial promotion. Players can increase the size of their bankroll through an impressive range of reload bonuses. Perfect for any bettor who likes to give their budget a boost regularly.
Of course, promotions aren’t the only thing players should care about. The betting choice is also a vital aspect. Fortunately, BetOnline has an excellent range of sports to bet on, including a fantastic choice of horse racing options. The markets are also impressive, so players can bet on almost anything they like, from parlays to prop bets.
BetOnline doesn’t have a concrete KYC protocol. It means the site doesn’t fully inform what will happen when signing up. While it is possible players can remain anonymous at BetOnline, the site does reserve the right to ask for identifying documents. As a result, players should always be aware they could lose anonymity at any time.
| Crypto Bonus | Wagering Requirement | Minimum Deposit | Available Currencies |
|---|---|---|---|
| 100% matched bet up to $1,000 | 14x | $20 | 6 cryptos |
Pros
- Plenty of chances to claim reload bonuses
- High-value welcome bonus is available
- Excellent betting options including race meets and eSports
- Bonuses have low wagering requirements
Cons
- There’s no VIP program available
7. Crashino - Best for Provably Fair Options
Horse racing bettors might not feel like provably fair games will be at the top of their list. However, it’s always good to have a range of options available, especially for players who enjoy diverse betting opportunities. Crashino fits into this niche perfectly, with an incredible choice of provably fair games. Players should note how provably fair games indicate a betting site’s integrity.
Crashino isn’t just a provably fair site, though. It also provides players with a supreme selection of crypto betting choices. Horse racing, soccer, NFL, eSports, and the NBA are all available here, with many more sports in place. Players can also select from a fantastic selection of betting markets, ensuring every race meet has a variety of bets available.
There’s no KYC at Crashino, which is an obvious positive. Players who want to remain anonymous can do so without worries when signing up at Crashino.
| Crypto Bonus | Wagering Requirement | Minimum Deposit | Available Currencies |
|---|---|---|---|
| 100% Mutli-Bonus | None | None | 12 cryptos |
Pros
- Massive selection of provably fair titles
- Players don’t have to go through KYC requirements
- Lots of different horse racing events
- Highly appealing welcome bonus
8. 22Bet - Best for Promo Codes
Bettors often overlook promo codes relating to bonuses. They claim the bonus they see available and then forget about anything else. However, promo codes can often provide a higher bonus level to players. So, it’s good to see 22Bet embracing promo codes and providing players with extra bonuses. The reload bonuses become available with a promo code, which allows players to boost their bankroll at 22Bet. The promo codes change regularly, so there are plenty of opportunities to grab some additional promotions.
The betting choice at 22Bet is excellent. Horse racing bettors have a lot of choices, but there’s also a fantastic range of sports betting options. On top of this, there’s also an excellent crypto casino available. It makes sure 22Bet gives players everything they could want. The markets for each sporting event are superb. Players can create bets using prop bets and can put together parlays. There’s even a parlay boost promotion, which allows for bigger prizes.
Unfortunately, players have to go through KYC with 22Bet. It means anonymous play isn’t possible here. Players must provide documents such as a driving license or utility bill to prove their identity.
| Crypto Bonus | Wagering Requirement | Minimum Deposit | Available Currencies |
|---|---|---|---|
| 100% up to $300 | 50x | $1 | 25 cryptos |
Pros
- Lots of great promo codes
- Superb choice of sports for betting
- Parlay boosts to increase payout sizes
- Excellent welcome bonus
Cons
- Wagering requirements are pretty significant
9. BlueChip - Best for Mobile Betting
Mobile play is the fastest-growing aspect of the betting world. More sites are offering mobile versions of their sites to players to ensure they don’t lose players. BlueChip is a site that does this superbly. The mobile site at BlueChip is available for both Android and iOS players, which covers the majority of the market. So, no matter which device players use, they can bet on the go with BlueChip.
While the crypto casino is the most significant aspect of BlueChip, the sportsbook still has an excellent selection. Players can choose from horse racing, motor racing, soccer, NFL, NBA, and more. It ensures players can enjoy the best sporting events whenever they’re running. The markets are also superb here, which allows players to find the best value for their bets. Players who want to enjoy other aspects of the site can also find a comprehensive selection of casino games at the crypto casino, which makes it an excellent overall crypto betting site.
BlueChip Casino expects players to go through KYC before making a withdrawal. It’s an unfortunate drawback, as anonymous play would be a positive.
| Crypto Bonus | Wagering Requirement | Minimum Deposit | Available Currencies |
|---|---|---|---|
| 400% up to 1 BTC | 50x | $20 | 9 cryptos |
Pros
- Fantastic mobile gaming options
- Nice welcome bonus available
- Seasonal promotions are a feature of BlueChip
- Live streaming of certain sporting events
Cons
- 50x wagering requirements with a 7-day limit
10. MyStake - Best for Matched Bonus Percentage
It’s excellent to see MyStake going above and beyond the standards for the market with its welcome bonus. Most sites offer a 100% matched deposit, but MyStake takes it to another level with its 250% matched bonus. It’s not just the size of the bonus which is impressive, either. MyStake sets its wagering requirements at 30x, below many other bonuses. Players who like to grab a significant bonus will see this as one of the most generous on the market.
The betting selection is impressive with MyStake. Players can bet on most horse racing events, a vast selection of other popular sports, eSports and virtual sports, and niche sports. It’s a comprehensive selection with a lot to offer. The betting markets also cover almost everything. Asian handicaps, prop bets, and parlays are all on offer. It’s perfect for players with a betting system.
There’s no KYC when signing up at MyStake, but this isn’t a guarantee for the entire time playing there. Withdrawals can be subject to KYC at the discretion of MyStake. So, players should have documents available to ensure they can complete withdrawals.
| Crypto Bonus | Wagering Requirement | Minimum Deposit | Available Currencies |
|---|---|---|---|
| 170% up to $1000 | 30x | $20 | 7 cryptos |
Pros
- Big selection of horse racing meets and other sports
- Significant matched deposit welcome bonus
- Plenty of markets available
Cons
- Players may have to go through KYC
A Brief History of Horse Racing
Horse racing has been around for centuries and is one of the oldest sports in the world. Originating in Greece, where chariot races were held during religious festivals, horse racing was also important in Roman culture, with various horse races taking place throughout the empire. The sport remained popular during the Middle Ages as knights competed against each other on horses at tournaments and fairs. By the 17th century, professional horse racers had emerged, and organized competitions began to take place across Europe. Horse racing spread to North America in the 18th century after British colonists brought their horses from England and held informal races with them. Today it is one of the most popular sports, especially in countries such as the UK, with over 10,000 races each year and over 6 million spectators attending those races!
What is Horse Racing Crypto Betting?
Horse racing crypto betting is a way for players to bet on virtual or real-life horse events using cryptocurrencies. It increases the excitement of traditional horse racing by making gambling more interactive through digital tokens and even NFTs. Players can gamble on horse racing by going to a crypto casino and wagering Bitcoin, Litecoin, or any other cryptocurrency on races. A more exciting means of betting happens in the metaverse, where users can own, breed, and race NFT Horses. In addition, they can make winning predictions on ongoing races, join tournaments and sell their horses. As it’s built on the blockchain, players must interact with the native platform currency, not Bitcoin or Ethereum.
How to Get Started with Horse Racing Crypto Betting?
Starting horse racing with crypto requires a few essential steps, to begin with. If you’re already familiar with crypto and blockchain, the process becomes similar to betting on horse races in traditional or fiat casinos. The process of betting on horse races using NFTs in the metaverse is slightly different as you interact with the games on-chain.
Here’s a step-by-step process on how to bet on horse races in a crypto casino
The Benefits of Betting on Horse Races with Cryptocurrency
Anonymous Betting
With crypto, you can make anonymous wagers without worrying about your identity being revealed since crypto uses transaction blocks and cryptography and doesn’t require users to share their data. This is especially beneficial for high-stakes betting, as anonymity offers protection against unwanted attention or scrutiny.
You Can Bet from Anywhere
Cryptocurrency allows you to place bets on horse races from anywhere in the world. Even if your country or local laws restrict such activities, you can still access a crypto casino and make deposits without bans.
There Are No Transaction Fees
Crypto deposits and withdrawals have no transaction fees. You will have more funds to place your bets as the usual 3% credit card fee is inexistent. Crypto only uses network fees to process the deposit or withdrawal, and it’s more inexpensive than centralized fees.
Your Gains Cannot Be Seized
Since cryptocurrencies are decentralized, they aren’t issued by any government. This means you have complete ownership of your assets, as governments can’t ban a crypto wallet. This makes betting with crypto a safe and secure way of placing wagers without worrying about your funds being blocked.
Fast Transactions
Crypto transactions have a block completion of under 10 minutes, and in some cases, they are processed within seconds. It helps you avoid long withdrawal times that must be manually processed, as crypto transactions are automatic and rely on a network of systems rather than a single person.
You Are The Owner Of Your Currency
Another bonus of cryptocurrency is that you own your currency outright. There is no third party involved in the process of retrieving your wagers. You are in control of your funds, but this brings additional responsibilities, such as keeping your wallet safe and your keyphrase secure.
List of Popular Cryptocurrencies Used For Horse Racing
We investigated what the most used cryptos are in the real of horse race betting, and compiled a comprehensive list for you:
- BTC
- LTC
- BCH
- ETH
- DOGE
- USDT
- EOS
- DASH
- XRP
- ZEC
- BTS
- STRAX
- USDC
- SOL
- GAME
- BCN
- SIB
- DGB
- BTG
- XVG
- QTUM
- PAX
- BAT
- ATOM
- MATIC
- TRX
Tips for Maximizing Your Profits with Horse Racing Crypto Betting
- Research the Horse Races Beforehand: Before placing any bets, always research the horse race, the rider, and their previous record. You undercut other players and increase your chances of winning by studying each horse and its form and understanding how and why a horse is more likely to perform.
- Manage Your Bankroll: Horse racing is unpredictable, and you should manage your bankroll carefully to ensure that losses don’t outweigh wins. Set a budget for each race, and only bet what you can afford to lose, which leads to more issues for some people.
- Look for Promotions & Bonuses: Horse racing crypto casinos often offer promotions and bonuses to attract new customers. Make sure to take advantage of these deals to increase your profits.
- Bet Using Crypto With Low Network Fees: Even if crypto has no transaction fees, you can still boost your profits by depositing crypto with low network fees. Look for tokens like Tron, Matic, or Solana to save on costs and get money quicker
- Experiment with Different Horse Racing Games: Horse racing crypto casinos offer a variety of betting games, including parimutuel, fixed-odds, and spread betting. By experimenting with different types of games, you can find the one that works best for you.
Common Mistakes to Avoid with Horse Racing Crypto Betting
There are a few mistakes that bettors make when they start out on their crypto race betting adventure. Here are a few to be mindful of:
- Not doing adequate research before placing a bet.
- Not setting reasonable expectations for winnings.
- Placing too many bets at once without diversifying them properly.
- Not using a reputable betting platform for crypto gambling.
- Impulsive betting behavior leads to poor decision-making.
- Not paying attention to fees associated with placing crypto bets on horse races.
- Not cashing part of your profits after winning a bet.
Strategies for Horse Racing Crypto Betting
The Dutch Betting Strategy
This aggressive and high-risk horse betting strategy involves backing multiple selections in each race. This can be done by betting on 2 or more horses to win or by making multiple bets, such as a combination of win and place bets. This method has the potential to generate significant returns if all the selections come up trump; however, the risk is increased due to the number of bets made.
The 80/20 System
The system focuses on finding the winning horse and betting 20% on it while the remaining 80% is wagered on a place bet on the same horse. It considers several variables such as form, track conditions, jockey performance, and course records.
The Place Laying System
The system works by identifying horses that have an advantage over other runners in a race but which are unlikely to win. Then, you place bets against these horses to gain a return, regardless of whether they finish first or not. To be successful and get this betting strategy system right, you must thoroughly read about the horses and pay attention to the horse’s tack records.
The Yankee Strategy
It involves betters betting on four separate events in the same section at once to create stacked wagers that provide larger returns. It requires a total of eleven different bets – six doubles, four treble, and one accumulator – which will only pay out if all four selections win. This strategy is considered risky due to its complexity but can pay out big rewards if managed properly.
The Exacta Strategy
The method focused on predicting two horses that would finish first and second in a particular race event. Bettors must select two horses that will finish the race in first and second place. Bets must be placed before the race start; however, this method has higher risks because it has a higher margin of error, and inexperienced gamblers can be carried away and lose a lot of money.
Understanding the Odds of Horse Racing Crypto Betting
It is important to fully understand the different odds that come with making punts on horse racing:
Fixed Odds
Fixed Odds are the most commonly used form of horse racing betting. They involve selecting a runner in a race and placing your bet at predetermined odds set by the bookmaker. Fixed odds can be taken when placing your bet or when the race starts. If you take them before the race starts, you will receive a much better return if your horse wins, but there’s also more risk involved as any changes in market conditions won’t be reflected in your bets until after the race has started.
Starting Price
Starting Prices work differently from fixed odds. With this kind of betting, no one knows what the starting price will be until it’s announced just before the race starts. The starting price is determined by how much money has been placed on each runner in terms of winnings which means that it can change throughout the day.
Tote Odds
Tote Odds involves pooling all bets together into a single pot and then dividing up that pot among all winning tickets based on their share percentage. It means that if multiple people pick winners (or even second or third-place finishers), they all get their share regardless of who placed their bets first.
Horse Racing Betting Tips
These are our top 3 tips for when you decide to make a bet on races:
Check The Form
Before even considering placing a bet, check the form for the available horse and go over their past 5-10 races. This includes looking into their past performances at similar tracks or distances and studying their recent form and results from other races they have competed in. By doing your due diligence, you can spot which horses might have an advantage over others in terms of speed or stamina.
Consider The Conditions
Horse racing crypto betting isn’t just about picking winners; it’s also important to consider how different track conditions might influence the outcome of a race too. Pay attention to weather reports ahead of time so that you know what kind of surface (dirt vs. turf, wet vs. dry) the horses will be running on. This can help you decide which horses will most likely cope better with different track conditions.
Listen To Tipsters
Horse racing tipsters have some experience, and they can be a great source of additional information and help you assess your strategy and which horse might be your favorite during the race. However, don’t just follow their input blindly and weigh in your research with their input.
Biggest Events in Horse Racing
The Triple Crown:
One of the most prestigious events in horse racing, the Triple Crown is a series of three races for three-year-old Thoroughbreds that consists of the Kentucky Derby at Churchill Downs, the Preakness Stakes at Pimlico Race Course in Baltimore, and the Belmont Stakes at Belmont Park in Elmont, New York. It’s a gruelling test of endurance as horses must compete in all three races within five weeks to achieve an elusive victory.
Breeders' Cup World Championships:
Held annually since 1984, the Breeders’ Cup is a two-day event consisting of 14 championship races. It’s often referred to as “the Super Bowl” of horse racing and brings together nearly every major champion from each continent to compete for top honors and hefty purses.
Grand National:
The Grand National at Aintree Racecourse is considered one of England’s greatest sporting events and boasts a unique course that includes 30 fences on two laps that last 4 miles and 6 furlongs (7 km). The event also features several other races, including Handicaps and Hurdles, which draw even more people each year.
Royal Ascot:
An annual meeting held over five days during June at Ascot Racecourse near London, Royal Ascot is considered one of Europe’s premier horse racing events. Over 30 flat races take place during the event, including Group 1 Long Distance classics. Considered a highlight of the British social calendar, this event is attended by members of the royal family and features some of the most valuable horse races in Europe.
Prix de l'Arc de Triomphe:
One of France’s most significant horse racing events occurring annually in October at Chantilly Racecourse located just outside Paris, Prix de l’Arc de Triomphe. The event attracted big names like Sea Bird II while receiving global recognition as one of Europe’s premier sporting events. The trophy dates back to 1920, when it was presented by French President Raymond Poincaré.
Conclusion
Horse racing can be fun, especially if you hold a lot of different cryptocurrencies and like to follow the excitement. Approach horse betting by testing out strategies first, but you will need to know how to calculate odds before being able to master each method. Crypto betting sites let you bet on your favourite horse from anywhere in the world. We recommend following major races and focusing your attention on the major horse racing events.
FAQs
There is no house edge in horse racing; instead, the odds depend on the number of bets on each horse.
The Dutch betting system is one of the best betting strategies.
The most popular crypto betting games are Zed Run, Oly Sport, and DeRace.
The odds of winning at crypto horse racing are 17%.
You can withdraw your winnings by placing a withdrawal request on the platform. Of course, if you are betting on-chain, you don’t have to make any requests.
Reviewed and Fact Checked by Eugene Abungana , Investment Analyst, Financial Analyst, and Institutional Trader