Do you want to bet money online on horse races? Know well in advance exactly how it works. You do not want to lose unnecessary euros due to ignorance.
There’s a lot that goes into horse racing. You not only need to know the basics, but there are several different types of bets you can make.
Here you will find useful explanations and various tips on how online horse racing betting works.
Bet through betting sites
Bet money on horse racing has been around for a long time. Also in the Asia you can bet for years on the results of horse racing, namely by completing a betting form at the various betting sites in Malaysia or by telephone.
Nowadays you also have the possibility to bet money online at all kinds of horse races from all over the world. That way you no longer have to go to a race course or betting office to be able to play.
The Citibet website is the only legal provider of online gambling on horse racing in Asia. Take a look at the website and create an account for free. Then by depositing money into your account you can easily play along with all kinds of races worldwide.
How does betting work in horse racing?
Whether you bet money online at Citibet, the basis is of course the same. You can bet different amounts on results and the bet can vary from $ 1 to $ 1000 for some game types.
The payout percentage when betting on horses is quite high, on average around 75%. That means that as a player of every euro you bet, you get an average of 75 cents back. The remaining part is spent in the following way: 21% is spent on organizational costs and 4% ultimately goes to charities in the equestrian sport in particular.
Are you now fully aware of the most important issues concerning horse races and the use of money for the right results? Then give it a try on Citibet and go hunting for great winnings!