Why Horse Racing is a Popular Sport to Bet on in 2022

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Horse racing is one of the most adrenaline-inducing sports in the world. Lots of factors can influence the outcome of a race, which makes picking that elusive winner all the more rewarding.

The payouts when you do back the winning horse can also be pretty significant — especially if it’s an outsider. What’s more, races are often over in a matter of minutes, meaning you can place more bets and get results quicker. 

In this guide, we’ll take a look at some of the key reasons behind why horse racing remains a popular sport to bet on in 2022. 

Greater odds

Given the difficulty in predicting the outcome of a race, horse racing generally enjoys greater odds than other sports. 

For example, bettors have to take into account whether the horse might fall (especially if there are jumps involved), whether the conditions of the track suit the particular horse and the number of horses competing in a race. 

Any of these factors could impact how different horses fare, so it’s important to do your research and account for them all. 

While the odds are higher for this particular sport, it’s possible to take advantage of even greater odds by checking what different betting companies are offering. Some, for instance, may offer enhanced odds as a special offer. So, it’s worth using a sportsbooks odds comparison tool to ensure you’re getting the best return possible. 

Quick results

One of the perks of horse racing is that races are over quickly. There are also lots of races held all across the world every day, meaning you can bet on it pretty much any time you want. If there are no live races available, you could also try your hand at fantasy horse racing, which is run using computers.

The length of horse races does vary greatly. Some can involve sprints that are over in a couple of minutes. Others may be slightly longer, with races held over 10 miles. Others, however, could focus on endurance and stretch to over 100 miles. 

The quick nature of horse racing is ideal for people who want near-immediate results with their bets. This makes it appealing to people who like to bet on the go on their mobile devices. 

An exciting experience

Horse racing is hard to predict. As we’ve seen above, there are quite a lot of different factors that can influence the outcome of a race, from the number of exciting jumps required, the conditions and the number of horses in the race. This all helps fuel excitement in players. It can also be something that’s enjoyed with family and friends, especially big races. 

Something that contributes to the excitement is the prospect of big potential payouts. Even low stakes can return significant rewards. It’s not uncommon for some horses in races to have odds of 50/1 or greater. Given how the favorites could be impacted by the events such as stumbles or falls, these horses with longer odds still stand a chance of winning. 

Rewards and bonuses

With so many horse races and meetings throughout the year, betting companies and sportsbooks are always looking for ways to attract new customers. 

One way they do this is through rewards, deals and bonuses. For example, a popular sign-up bonus that many online sportsbooks offer is a matched bet or matched deposit for new customers. This could be up to $1,000 or even as high as $2,000. 

This means that when you place your first bet on a horse race and the odds are 8/1, if you place a bet of $1,000, you could see a return of around $16,000 if the matched bet was $1,000. 

These special offers and deals usually increase in number around the time of big races, such as the Grand National. So, it’s worth keeping in the loop with the racing calendar to see what’s coming up. 

With such incredible returns, it’s understandable to see why horse racing is a popular sport to bet on in 2022. 

In summary

Horse racing continues to be one of the most popular sports to bet on. This, in part, is down to the great returns that people can make on their bets, even more so if they succeed with an accumulator. 

Given how quickly the results can come in, it provides a sense of immediacy that other sports simply lack. 

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