For decades, equestrian races have taken place in the United States. Fans of the sport have been able to wager specifically in areas such as Kentucky for many years, as the state is home to the famous Kentucky Derby. Churchill Downs and other horse racetracks in the US have always offered some form of betting. Today’s betting market now includes online options, so players in several states can take advantage of wagering options.
The Equestrian Betting Industry
In the United States, sports betting is available in over 30 states. This gives you plenty of options for equestrian betting. You will find wagering options online and within land-based sportsbooks. You can also visit physical horse tracks and watch events with options for betting on-site.
When it comes to equestrian betting, you will find wagers listed under Horse Racing. Once you select this category, you can see all available bets. Wager types will vary based on the provider, but you should find options for the outcome as well as prop bets.
You will see the odds for the favorite as well as the underdog. You can also find information on upcoming events, including predictions available from many online sports betting providers. Seasoned bettors like to review predictions and compare previous races and workouts before placing their next bet. A little research can go a long way toward the outcome of a bet.
Major Horse Racing Events
If you are just getting started with equestrian betting, you may want to focus wagers on major events. Several options on the yearly calendar drum up big business for sportsbooks. Particular events are more popular than others and can pay out handsomely if you happen to select an underdog that wins the race. Consider which races you prefer watching to start the first-time betting process.
Below are a few major events to consider when wagering:
- Kentucky Derby
- Belmont Stakes
- Kentucky Oaks
- Arkansas Derby
- Preakness Stakes
- Breeders Cup
- Pegasus World Cup.
You can choose to wager on a few major events or participate whenever an event occurs. The option is up to you. Betting limits range from low to high, making it easy for beginners and seasoned bettors to place wagers.
If you are new to horse race betting, start small. Try an event and place a wager. Once you get the hang of the process, you will feel more comfortable placing different bets with multiple wagers per event.
Learning More About US-Based Betting
If you are in the United States and want to take advantage of betting, you must know your options. Where can you wager? What betting services are available? A good go-to resource includes Usalegalbetting.com. Here, you can explore a wide range of options based on location.
You can easily find information on betting in your home state or when traveling. Equestrian betting is open almost nationwide, so locating wagering options on horse racing will be no issue. Prime time for horse racing is year-round, but the major events occur in the fall and winter months.