May 18, 2024

Horse racing is one of the most exciting sports to watch because of its thrilling nature andthe betting done behind the equestrian sport. Whether you are betting on Singapore horse racing or Malaysian sportsbook, gambling is considered a popular pastime in the two counties. But betting involves money. Players should be well-educated on the dos and don’ts when betting on horse racing. 

Do: Learn the Types of Bets

Before betting on Singapore Pools horse racing, you must familiarize yourself with the bets. This will help you make better decisions about which gambles to take on. There are two categories of horse racing bets: straight and exotic. 

Straight bets are the best for beginners or first-timers as they are simple and easily understood. In this type, betters simply choose a single horse to bet on. The placement of the horse matters determines if the bettor wins any money, usually when the horse reaches first, second, or third place. 

Exotic bets are much more complicated types of horse bets. This allows gamblers to bet on multiple horses in a single event, increasing the potential earnings for bettors. But because of this, the risk that comes with it is multiplied. Exotic bets can be horizontal or vertical. Horizontal exotic bets provide bettors the opportunity to participate in a parlay. While in vertical, gamblers must guess the correct finishing order of a single race. 

Don’t: Get Too Cocky

When you start to win bets, it is easy to become too confident. Don’t let wins cloud your judgment and affect how you are going about your subsequent bets. Keeping your feet on the ground and making decisions based on statistics and facts is important. Try not to spend all your money all at once because you have been feeling lucky lately. This can lead to disastrous events that turn a fun, exciting pastime like gambling into a sorrowful misfortune. 

There are many more things to learn about horse race betting, such as do: choosing the right bets and don’t: ignoring the little details. To read more about what to observe and avoid in placing bets for horse racing events, refer to this infographic by 88ProAsia.

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