Online horse betting sites are becoming more popular today. Players just can’t seem to get enough of betting the horse races on their computer, phone, or tablet. We have put together a list of reasons why we think horse racing online gambling is the best way to play.
Online Horse Betting Sites Are More Convenient
There are a limited number of live horse racing gambling venues. Even in Las Vegas where there are no actual horse racing tracks for live betting there is limited access to betting parlors. The number of horse racing tracks compared to physical casinos throughout the world is very small.
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What this means is that betting on horses live requires travel for those who are not lucky enough to live near a race track. That can mean expense. It is much more convenient to open up an app on your phone or tablet and have access to horse racing betting all over the world.
Horse racing online gambling allows you to play more tracks when you are available to bet. You can even fire up your app and wager in the middle of the night. Best of all, you don’t even have to leave the comfort of your own home.
You Can Bet Horse Racing Online With Bitcoin
There are many horse racing online gambling sites today that are accepting Bitcoin for wagering. Bitcoin is a cryptocurrency that is popular all over the world. It is a digital currency that can be used across physical borders with minimal fees. Those who like Bitcoin also praise its security and anonymity.
Unlike using a credit or debit card, betting horses with Bitcoin does not create the same kind of paper trail. It also allows some individuals the ability bet horse racing or play online casino games in areas where gaming is restricted.
If you have not used Bitcoin or other types of cryptocurrency, don’t be intimidated. There are plenty of sites online that can help you learn how to use a Bitcoin wallet and buy the cryptocurrency that you need. Just remember that Bitcoin is a volatile asset that can experience sudden shifts in value.
Horse Racing Gambling Online Is Legal Almost Everywhere
Horse racing betting is legal in almost every area of the world where other types of gambling are permitted. It is even allowed in the United States where other forms of gambling are not. The reason it is often possible to bet on horses and not online casino games is that horse racing betting is a parimutuel activity.
When you bet on horses you are wagering against other horse bettors. You bet into a pool that is used to pay the winners of each betting contest. The house subtracts a portion of each pool for expenses but otherwise does not have an interest in the outcome of the event. This type of wagering is known as parimutuel betting.
Most states have legalized horse racing betting online. In many cases you can bet at the age of 18 instead of 21.
International Horse Race Betting
Making bets at online horse betting sites is a very good way to access the action at international race tracks. Some tracks in other countries offer exciting horse racing in addition to large betting pools and various promotions for bettors.
One of the top international horse racing circuits is located in Hong Kong. Some bettors have made millions of dollars playing the races which are held at the two race tracks located in Hong Kong. One bettor even managed to make over 1 billion in horse racing profits over many years. He subsequently became known as the man who broke the horse racing code.
Rebates and Bonus Horse Betting Money
Online horse betting sites often compete with one another for players. They do this by offering lucrative bonuses. These bonuses are free cash that can be used by the player to make bets on horse racing events.
Most of the online horse betting websites that we recommend offer two types of bonuses. The first is the no-deposit bonus. All you need to do is sign up for an online racing site account to receive this small sum of free money. It is designed to let you try the racebook and see if it fits your needs.
The other type of bonus is the matching deposit bonus. This bonus involves a sum of free cash that is equal to the amount of your first deposit. If you deposit $50 you will be given another $50 to play as you see fit.
Always remember that most bonuses and promotions involve what is called a wagering requirement. This means that you must wager the bonus money a certain number of times before you are allowed to cash out. Check the terms and conditions to determine the specifics of this requirement.
Horse racing online gambling can be fun and profitable. It can also change the way you bet on races and make you a better handicapper. Be sure to check out the online horse betting sites we have recommended for the best experience. Check our Bovada racebook review, BUSR, MyBookie, BetUS, Twinspires review or even our Betamerica review. All great choice if you are in the US. 5Dimes review for folks anywhere!