Best Horse Racing Crypto Betting Sites 2023: Top Sites For Betting

Horse racing is a phenomenal sport with inherent importance in many countries. The gambling associated with Horse racing is worth more than a billion-dollar industry; without the same, the sport itself would not exist.

We provide you with comprehensive insights into the fundamentals of horse racing betting. This article will equip you with essential knowledge, such as valuable tips and strategies, in-depth sportsbook reviews, guidance on initiating betting with cryptocurrency, and a detailed examination of diverse betting odds at horse racing. So, prepare yourself for an exciting adventure in the world of horse racing betting!

Find a comprehensive list of the best horse racing betting sites as per your location.

10 Best Horse Racing Crypto Betting Sites in 2023 – Updated List

1. Lucky Block -Top Horse Betting Site Offering 1000+ Playable Games

2. Stake – Overall Horse Racing Betting Site For 2023

3. 1xBit – Comprehensive Racebook Offering Live Betting Markets

4. BC.Game – Bet on All Horse Racetracks Around the World

5. Bovada – Offers Bonus of 50% Free Bet Up to $250

6. MyStake – Place Bets on Virtual Horse Races

7. BetUS – 29 Years Old Racebook for USA Bettors

8. Sportsbet.io – Best Horse Racing Site Superb Promotions

9. BetOnline.ag – Offers Free $25 Horse Racing Bet

10. Vave – Crypto Horse Race Betting Site With Live Streaming

Since the inheritance of this sport is so deep, Horse racing practically did not change for centuries. The sport typically involves jockeys riding horses to identify who is the fastest in the course of time and distance. Horse races are incredibly quick, action-packed spectacles with an apparent victor on every occasion.

It should come as no surprise that horse racing crypto betting is favored among bettors.

What is Horse Racing Crypto Betting?

Crypto horse racing allows players to use cryptocurrency to purchase and breed virtual horses and then compete in virtual races against other players’ horses.

It’s important to note that crypto horse racing is not the same as horse racing crypto betting, which involves using cryptocurrency to place bets on real-life horse races. Whether traditional horse racing or virtual NFTs, the bets are placed on the horse that first crosses the finish line. Famous horse races involve a gambling station where bettors can stake money on the horse they think will win the race.

Horse racing crypto betting is a form of online betting in which players use their preferred cryptocurrency to place bets on horse races around the World. These betting sites or apps typically offer various betting options, including the ability to place bets on individual races or the outcomes of entire race meets. Horse racing crypto-betting sites are becoming increasingly popular among online bettors due to the anonymity and security offered and the potential for lower fees compared to traditional online betting sites.

When it comes to online horse racing, sportsbooks do not want to lose any opportunity or corner to be successful. Among all crypto casinos, the leading Bitcoin casinos offer significant opportunities for bettors to win great prizes in grand national horse betting events, alongside their casino offerings. All it requires is a suitable platform to place bets on racing. Winning bets and making money becomes smooth with time. The bonuses earned through crypto payment are quite impressive too.

Why Bet on Horses with Crypto?

It is phenomenal how Bitcoin and other cryptocurrencies are dominating the gambling industry. Centuries ago, when Horse racing was a sport only for kings and royals of Greeks, it is now enjoyed and appreciated on the virtual platform. Horses as NFTs on the virtual platform were only possible because of Crypto and bitcoin technology. And that’s why one must bet on the race with crypto.

The online betting market and digital currency are an ideal match where users from all across the globe can bet on sports events and online table games. In no time, the concept gained popularity with horse betting too. Bettors are now preferring gambling in decentralized digital currency and enjoy perks on the volatile growth of the digital currency too.

Horse race bet recently increased the industry as casinos, sports and crypto gambling sites are accepting cryptocurrency to place bets. But why is it popular now? Why are horse racing bettors supporting this demand? Let’s have a look at why one must bet on Horses with cryptocurrency.

Features of Horse Racing Cryptocurrency Betting Sites

Fast Transactions

Just like racing, Cryptocurrency works on the projectile of speed too. With cryptocurrency, your successful deposits and withdrawals also move quicker as compared to any fiat currency. Since no third-party financial institution is involved in such transactions, your deposits and withdrawals request is processed much faster.

You Are the Owner of Your Currency

As mentioned earlier, there is no bank or local government involved in your gambling transactions when the payment is done through decentralized digital currency. So when you start horse racing bitcoin betting, you control every crypto transaction under your terms.

Security

Cybercriminals cannot modify or pull any data from the transaction. And thus, crypto like BTC is known to be one of the secure payment modes, especially for users not comfortable sharing their details at best Bitcoin gambling sites.

No Transaction Fee

Cybercriminals cannot modify or pull any data from the transaction. If you are a new bettor to the world of casinos and racing, then the best information for you is ‘no transaction fee. Most casinos will be charged a transaction fee and sportsbooks offer zero-fee transactions options when the payment is made through cryptocurrency.

Universally Accepted

Crypto is a universally accepted currency. While you might struggle to deposit your Indian credit card on a US-based horse race betting site, using cryptocurrency can save you a lot of time and effort.

Since Bitcoin and other digital currency transactions are pretty quick and universally accepted, you do not have to worry about depositing anywhere while placing popular bets on the best cryptocurrency casino and sportsbook sites.

Popular Cryptocurrencies for Online Horse Racing Crypto Betting

Whether you are betting on two horses on the Melbourne cup or different bets on daily doubles, it is important to know which cryptocurrency you choose to bet on. Other than Horse Racing Betting with Bitcoin, the following is the list of currencies betting sites accept:-

• Litecoin
• Dogecoin
• Zcash
• GameCredits
• SIBcoin
• DigiByte
• FunCoin

How to Bet with Crypto on Horse Racing?

To embark on journey at horse racing betting with cryptocurrency, there are a few essential steps you need to follow. If you’re already familiar with crypto technology, the process is very similar to traditional or fiat casinos for horse race betting.

Here is a step-by-step guide on how to bet on horse races in a crypto casino:

1. Choose a horse racing crypto betting website that aligns with your requirements and offers a generous welcome bonus.
2. Add funds to your crypto wallet.
3. Obtain the crypto address of your horse racing site and make a deposit from your wallet.
4. Locate the horse racing option.
5. Decide between virtual and real-life tournaments.
6. Select the amount you wish to bet on top horse racing action and monitor the results closely.

Types of Crypto Bets in Horse Racing

Before you register an account for horse betting, it is vital to know the type of bets you can place. Players can only plan their bets and wagers once they know the types of horse racing bets.

Betting on races is not simply like choosing the type of coffee you want when you wake up. Users must have thorough knowledge regarding betting types to win odds at the racing. To understand the race better and have fun at the betting site, it is vital to understand the types of bets.

So let’s take a look at some of the popular bets on horse racing now.

Win Bets

Under this betting form, you place a bet on the winning horse of a race.

Place Bets

Under this type, you bet on a horse that must finish at least in second place. If your horse wins the race, you win this bet too.

Show Bets

Here, you bet across the board and place bets on the odds of your horse either winning the race or finishing the race in second or third place. It is the popular bet in the straight bets category.

Win Place

You make multiple bets on sportsbooks under this category on your horse, either winning or finishing in second.

If your horse wins the race, you will participate in the Kentucky Derby in the United States. When the day comes, you register on a website that does not provide information about whether the platform is legitimate and licensed or not. You place a daily double bet and win a good amount of cash. But then you realize that your withdrawals on sportsbooks are nowhere to be found!

So, what happened over here is that you lost all your money when you made your deposits on a website that is not regulated by the jurisdiction.

How to Find the Best Horse Racing Betting Sites?

Before anyone can start betting on horse racing betting sites, check these following points.

Betting Opportunities

Be it any sports you bet on; it is vital to know if sportsbooks offer better betting opportunities to players or not. A winner enjoys these opportunities through great bonuses and promotions. When you register on the online racing betting site, check for welcome and deposit bonuses along with different track options of the sports. The first thing you must look for is the different types of bets the platform offers.

If the bookie allows you to put multiple types of bets, you gain better chances of winning as the odds in racing vary a lot. So while you choose the ideal platform to place races bets, exploring more and more betting opportunities will help you with better winnings.

Mobile Connectivity and Compatibility

If you are a big fan of the Kentucky Derby and looking forward to placing bets on the best breed horse of this season, finding the betting site compatible with your phone is quite significant too.

Since people are most comfortable browsing their phones, betting on horse races is more straightforward on smartphones. We advise players to choose a horse racing betting site that has a mobile application.

Deposits and Withdrawals

Just understanding the wagers of horse races is not enough. Whether you place a bet through local currency or cryptocurrency, if the deposits and withdrawals process on the site is too complicated, chances are you are on the wrong platform.

Before you even register an account on the horse races betting site, explore the process of payment modes. Once you are confident with the process and what it takes, work on your odds and races.

Fast Payout

Quicker payouts are the primary reason why winners opt for cryptocurrency withdrawals at the first point at crypto horse racing betting sites. You do not have to wait for the withdrawals to process in the coming business days; you receive the money faster through blockchain technology.

Customer Support

What if you get stuck in a bonus and are not sure how to redeem the same? What if the wagering requirement and options are not clear to you? You will need professional customer support from your betting site, which is available 24/7. A good customer support team reflects how reliable and transparent the platform is with every piece of information.

Strategies of Horse Racing Betting With Crypto

Horse racing betting with cryptocurrencies is a relatively new concept that has recently gained popularity. Here are some strategies to consider when betting on horse racing with crypto:

Research the Horses and Their Past Performances

Do research and gather as much information as possible about the horses and their past performances. This horse racing betting strategy will help you make an informed decision and increase your chances of winning.

Look for Value Bets

To find value bets, when betting on horse racing using crypto, you can compare the odds being offered by different bookmakers and look for opportunities where the odds are higher than they should be based on the horse’s chances of winning.

Set a Budget and Stick to It

It is important to set a budget for your horse racing crypto betting and stick to it. This will help you avoid overspending and keep your betting under control.

Stay Patient and Disciplined

Crypto horse racing betting can be volatile and unpredictable, so the approach must involve patience and discipline. Don’t let emotions get the best of you; stick to your betting strategy.

Conclusion

Being a sport of royalty and leisure, horse racing and gambling on the same goes hand in hand. The odds in this game may vary for different jurisdictions. Thus, players and fans are advised to go through the same before they start horse racing betting with cryptocurrency.

Look out for best horse racing betting sites offering great features and bonuses. You can generate big returns even with small stakes if the bet and odds are played right. Under the proper guide of bet types and horse breed, one can win an immense profit in horse racing.

FAQs

How Do You Bet on Horse Racing Using Crypto?

If you are opting for online horse race betting, the best breed horses are available as NFTs. You can bet on these NFTs and deposit money through a crypto wallet. If your bet wins against all odds, you can proceed with the withdrawal.

What Is the Best Bet for Horse Racing?

Straight wagers are your best choice. But if you want to bet on multiple horses on multiple tracks and outcomes, you can opt for exotic wagers and bets at various crypto horse racing betting sites.

Can You Make Money Betting on Horse Racing?

Of course, you can! However, odds on horse racing betting vary a lot when you place a bet. And thus, choosing the suitable options on bets is what it takes to make cash.

Can I Breed and Train My Own Virtual Horses on the Crypto Horse Site?

Some crypto horse racing sites offer a stable management feature which allows users to “buy” virtual horses and manage their training, feeding, and racing schedules. However, not all crypto horse racing sites offer this feature, so it is best to check the specific site offers virtual horse breeding and training.