Best Horse Racing Crypto Betting Sites 2021: Top Sites For Betting!

An equestrian performance sport, which was earlier known as ‘sports of kings’, when it comes to online horse racing, 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, and without the same, the sport itself will not exist in this world.

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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?

Horse racing involves two or more horses that are ridden by jockeys in a wide variety of formats. The interesting fact is that most of the horses in the race are raised purely for the sport.

The sport involves electronic monitoring equipment that analyzes the speed and course of racing.

The gambling involved in such races amounts to big numbers. As technology grows, these races have gone virtually too, where horses are available as NFTs, and people from all across the world bet on the best breed horse.

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.

What Is Horse Racing Crypto Betting?

Since traditional horse racing is not possible in every corner of the world, bookmakers introduced the sport in virtual format. Soon after cryptocurrency became a popular mode of payment in the gambling industry, Horse Racing Crypto betting was raised on many platforms.

The move turned many heads, especially in parts of Ireland, Australia, and the UK, where bookmakers create a market in odds of horse racing.

Horse racing betting with cryptocurrency is enjoyed worldwide as gamblers choose their favourite horse breeds without being physically present at any horse racing game. This feature makes horse racing sportsbooks popular all across.

When it comes to online horse racing, sportsbooks do not want to lose any opportunity or corner to be successful. A BTC casino brings one of the great opportunities for bettors to earn amazing prize money in grand national events of horse betting. 

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 Bitcoin 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

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 betting on horses with Bitcoin, you control every crypto transaction under your terms.

Security

Cybercriminals cannot modify or pull any data from the transaction. Now, no ‘Professor’ (from Money Heist) can plan a heist to steal your digital currency, as there is no physical place to store your Bitcoin. And thus, crypto is known to be one of the secure payment modes, especially for users not comfortable sharing their details to 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 os 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.

What Is the Need for Cryptocurrencies in Horse Race Betting?

To understand the need for cryptocurrencies in crypto sports betting, you must first understand how popular digital currencies like Bitcoin trade or Bitcoin gambling. Just like horse races, cryptocurrencies are known to be a gamble as crypto is highly volatile.

So when you deposit crypto currency in horse race betting, you are playing the odds of horse racing and the odds of the fluctuating currency.

For instance, if the BTC price when you made a deposit was $10,000 and after two races, the BTC price is trading at $12,000, consider yourself lucky. You did not just win the bet on racing, but the prize money you were expecting to win will now be converted to BTC trading at $12,000. 

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?

With so many Bitcoin sportsbooks online guides, bettors are confused about crypto betting on racing events. When you sign in on any horse racing site, you play a wide variety of cryptocurrency games to win the prize money. For better winning and excitement, gather more winnings; the first step is choosing the right Bitcoin sportsbook. Here’s how you can get started.

The most reliable sportsbooks accept options to stream live videos of the top horse racing action. Before you login to your account on a sportsbook or with any bookie, you must check for site bonuses they offer and whether or not they offer excellent opportunities to new players.

Bettors are advised to place their eyes on the live streaming match as it becomes simpler to place a bet that way. Video streaming matches help understand the competition better in the course of distance and time on the track.

A licensed and regulated horse betting website provides options for bettors to win big without being trapped in any scam or risk.

These essential factors will help you understand the process of horse race Bitcoin sports betting without losing your Dollars in a dump. One must also take advantage of promotions before signing up for any game.

Types of Horse Racing Bets Available

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.

Straight Wager Bets

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, check these following points before starting.

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.

Horse betting websites might look quite simple to you, but the platform combines different software that supports different racing types and payment methods.

If you have a list of betting sites options already with you, check for their updated software and the license guide too.

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. In my advice, choose a site that has a mobile application too.

Deposits and Withdrawals

Just understanding the wagers of horse races is not enough. Whether you place a bet through local currency or cryptocurrency, but 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 payment modes process. Once you are confident with their process and what it takes, work on your odds and races.

Fast Payout

Cryptocurrency became a popular choice in the world of gambling as the payouts are quicker. Once a winner requests withdrawals, you receive the money in your online crypto wallet within a few minutes.

Quicker payouts are the primary reason why winners opt for cryptocurrency withdrawals at the first point. 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 available majorly for 24/7. A good customer support team reflects how reliable and transparent the platform is with every piece of information.

What Should Be the Strategies of Horse Racing Betting With Cryptocurrencies?

Betting on sports like horse racing is not just about luck. You require a proper strategy to understand the odds of the race to win bigger. For instance, not knowing about the pure breed of your horse you are betting on is like throwing an arrow in the dark.

If you place too much on the horse racing selection and your luck doesn’t work, you will be in big trouble! This is true for all sportsbooks and table games platforms. When you bet on racing games, the odds are pretty varied.

For instance, placing bets on football matches will include odds between 1.25 to 7.0. With horse races, the odds generally vary between 1.25 and 101. Now, this is a big number, which means a more considerable risk of losing your money too.

Strategy 1

One of the popular strategies to protect a betting bank with such odds is to win an amount of money on each selection of racing. This strategy will guide bettors to wage more money by selecting short-priced favorites than other horses.

Another popular strategy used in horse racing betting is each-way single or any-way each; you-way double in the races determined inadequate by the sportsbook for bet types. To understand this strategy better, let’s understand this with a story. Let’s say there is one favorite horse in the race.

The other eight-horse runners are not as good as him. This means this horse enjoys an 80% chance of winning the race while the second favorite will stick with a 20% chance.

This means that the second favorite will be available at 5.0 odds. However, the sportsbooks will give each-way terms for the entire race and not to each runner. And thus, the sportsbook will offer 1.80 offs on the second favorite finishing the race in second or third place.

The bettor will now have an advantage when they put in an easy-way double with the second favorite with a similar profile.

Strategy 2

Another great strategy is to place multiple bets each way. If you have an edge on each horse, this strategy might not work for you. However, this strategy could help you win big if your selections win the race. Why, if you ask?

The bookmaker adds a margin onto each horse, and the edge multiplies when combining several horses. So start planning your strategy now to win big! However, our suggestion to players is to enter with single bets and find the horse over the weekend or Monday. Blockchain technology enables you to receive the money faster; plenty of chances are represented by the odds. So start planning your strategy now to win big!

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 you start betting with Cryptocurrency. Under the proper guide of bets types and horse breed, one can win an immense profit in horse racing.

Beware of any scam on the betting site that offers no information about the jurisdiction and follows regulations of horse racing betting.

Look for websites offering options with great features and bonuses. Blockchain technology offers great advantages in horse racing. You can generate big returns even with small stakes if the bet and odds are played right.

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 if. 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.

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.

One can make big money by placing the right bets on suitable horses and tracks. Sometimes more than any other sport! After all, horse racing is the king of track!

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