Horse racing is a very popular sport. People in India have been enjoying this sport for over two centuries now.
During the olden days, most horses were used for travelling and transportation. However, soon people started using them for races and sport.
India is one of the few countries where horse racing is still popular. There are a total of nine racetracks in India where horse race events take place. All the races are managed by six different racing authorities.
What is Horse Race Betting?
Indians not only like to watch horse race but bet on them as well. In horse race betting, you can watch the race as well as place different types of bets.
There are many different types of bookmakers which provide horse race bets. You can simply visit the race event or use an online platform for placing bets.
In India, there are many horse race events available where you can place your bets. Horse race betting is very simple. You just need to check the race events, choose a bet type, check the betting odds and place the bet online.
Is Horse Race Betting Legal in India?
Unlike other sports category, horse race betting is legal in India. In the year 1996, horse race betting was legalized by the court. It was deemed a game of skill, after which people started openly betting on races.
So, you can legally bet on horse race events. It is legal to place online bets as well. There are six authorities in India that take care of all the horse race events.
There are nine different racecourses in India where race events take place every year. All the races are legal and regulated by the authorities.
Horse Race Betting Types in India:
When it comes to horse race betting, you will get many different options. There are many different horse race betting types available in India. Here are some of the most common types of bet.
- Win: In this type of bet, you have to directly bet on the winner of the match. You will only win if the horse finishes the race first.
- Place: This type of bet is different from the win. Here, instead of winning the first position, you can bet on the second and third position as well. So if the horse you bet on win any of these places, you will win the bet.
- Forecast: In this type of bet, you have to place the bets on two horses to finish first and second. They have to win in the correct order for you to win the bet.
- Jackpot: In this type of bet, you have to bet on the winners of five separate horse races. You have to bet on all the correct winners of the race to win the bet.
- Quinella: Here, you have to bet on two horses to win first and second position. They can win in any order.
- Super Jackpot: In this type of bet, you have to bet on the winners of six separate horse races. You have to bet on all the correct winners of the race to win the bet.
These are some of the most common horse racing bet types available in India. You can choose any horse race event and place any of these bets.