Horse Racing Crypto Sites
Latest Horse Racing News
Horse racing is one of the more popular sports in the betting world, with estimates showing over 1.5 billion people have bet or watched horse races at the start of the decade. So it should come as no surprise that there are numerous betting platforms where punters can place bets on horse races.
That includes nearly all more traditional betting sites and a generous number of crypto sportsbooks that offer horse racing betting markets and accept deposits with cryptocurrencies.
Still, while it is very easy to start betting on horse races with cryptocurrencies, it is also important to know how to recognise the best platforms.
Horse Racing Crypto Sites
Those who want to bet on horse racing with crypto have plenty of options to choose from. Those include traditional sportsbooks that accept crypto payments, but the more obvious choice would be crypto betting and gambling sites that offer horse racing betting markets.
There are plenty of crypto betting platforms to choose from, and many of the more reputable brands are a solid option. Still, when deciding which cryptocurrency bookmaker to sign up with, there are a few things to remember.
- Betting Odds – Competitive betting odds go a long way in any betting endeavour, and even though there is no such thing as one crypto bookmaker that will always have the best horse racing odds, some do a much better job with their offer than others.
- Market Coverage – Good coverage of horse racing events is essential for an enjoyable betting experience, allowing you to bet on any race however you like.
- Betting Licence – Among the many available crypto bookmakers, some don’t have a valid gambling licence or own a poor licence that doesn’t offer much security for customers. That is why it is highly recommended that customers register with a sportsbook with a valid, firm licence.
- Betting Promotions & Offers – Even though all betting sites will have some bonuses and promotions, it’s wise to check for platforms with the best offers, as bonuses can offer a lot of value to punters if used correctly.
How To bet on Horse Racing?
Betting on horse races is very popular and fairly straightforward, as the premise of the sport is very simple. Much like in any motorsports, when wagering on horse races, the punter gets to predict which runner will win the race, but there are also other bet types which go beyond just predicting the winner.
To Win
To win bet is exactly how it sounds. It is a wager used to predict which of the horses in any given race will win the race. Much like any winner wagers in motorsports, “to win” lets you predict only the winner.
To Place
To place expands on the idea of only predicting which horse will win the race, allowing punters to pick which horse they believe will finish the race in first, second, or third place.
The exact number of places that count will vary, however, depending on the number of runners. In races with four, five, or six horses, only the first and second finishers will count to have placed. Make sure to check the exact rules of the “to place” wager for all races you bet on.
Each-Way
Each-way bets on horse races combine the idea of “to win” and “to place”. It is a two-part bet, where half of the stake is placed on the selected horse to win and the other half on the horse to place.
An each-way bet costs double the amount of a normal wager but can pay out twice - if the horse wins, or partially if the selection only places, i.e., finishes the race within the “place” placements.
Forecast
Forecast bets are much more difficult to predict than the basic and there are different types of the wager. The most common, straight forecast, allows punters to predict the finishing order of which two horses will finish first and second.
The idea of forecast bet gets expanded with “Trio”, “Quartet” and other types of forecast bet, where the punter gets to predict which three, four, or more horses will end the race in first-fourth place.
Exotic Bets
The most common exotic bets found on horse racing crypto betting sites are Swinger, Exacta, and Trifecta.
- Swinger – Bet which requires the bettor to select a minimum of two horses who will finish the race inside the top three.
- Exacta – Wager where the punter has to accurately predict which two horses will finish the selected race in first and second place – in exact order.
- Trifecta – Builds on the idea of exacta, where the punter has to select which three horses will end the race in first, second, and third place – in exact order.
- Superfectas – Includes the same rules as trifecta, but for four horses, where the punter predicts the first four finishes - in exact order.
While this includes some of the more popular horse racing bets, punters will find more options, with the exact amount depending on the crypto bookmaker chosen and its offer of bets.
Can I Bet on Horse Racing With Crypto?
While betting with cryptocurrencies is not nearly as popular as a more traditional approach with fiat currency, the availability is there.
Over the last two decades, more traditional sportsbooks have started accepting crypto as a valid payment option. Yet more impactfully, there has been a noticeable surge of new crypto bookmakers that have opened their doors to new customers.
So even though betting on horse racing with crypto sounds like a new concept, anyone can do it, as long as you have an account with a crypto bookmaker or any traditional sportsbook which accepts cryptocurrency deposits. The trick is recognising which are the best options for you.
CryptoNinjas helps you find the top horse racing crypto betting sites and the latest bonus codes punters can use when signing up with new crypto betting and gambling platforms.
FAQs
Can you bet on horse racing with crypto?
Yes, betting on horse races with cryptocurrencies is possible and easily accessible. Not only have traditional betting sites started accepting crypto, but there has been a huge rise in crypto betting and gambling sites, giving crypto punters plenty of bookmakers with horse racing markets to choose from.
Where to find horse racing crypto bonuses?
Nowadays, you can expect to find some bonuses and promotions with all betting and gambling sites, which include cryptocurrency betting platforms. So even though horse racing-specific promotions tend to be harder to come by, free bets, welcome bonuses and other generic offers are readily available on most platforms.
Which are the best horse racing crypto betting sites?
Horse racing is one of the more popular sports among online punters, so it comes as no surprise nearly all of the best betting sites offer horse racing markets. While some crypto betting sites stand out as the more popular, registering with a reliable platform, which has solid bonuses, competitive betting odds, and good market coverage, is often enough for an enjoyable betting experience.
