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Newcastle 7f Hcap - 11 Mar 2021 21:30A Little Bit Of The History of Horse Racing
Formalised horse racing started (like so many things in the modern world) with the Greeks! Then just like so many other events it was passed on to the Romans who quickly learned to become obsessed with the nature of the sport. The origins of racing in the United Kingdom though began with the importation of Arabian stallions during and after the Crusades. The combination of the stock from Middle East and the breeds in Europe led to the emergence of a swift runner with a steady build. I can’t imagine it was too long after that we started gambling on the outcome! From here it has spread around the world with most countries welcoming horse racing in one form or another.
Whether it is to gamble or simply to enjoy the spectacle of the race, horse racing is as popular now as it ever was. It’s just a shame that there isn’t more of it available to watch live, because watching such majestic beasts in actions is one of the greatest sports events to watch live!
Horse racing in India has been a popular sport for more than two centuries. One of the first racetracks was set up in Madras, where the sport is still massively popular today. India’s horse race industry has nine racecourses, managed by six Indian horse racing authorities.
Horse racing satta is very popular across India where sport bettors place wagers on their horses of choice at their favourite racetracks. With conventional bookmakers and pool betting, horse racing is one of the most popular betting sports in India.
Across the country, state governments have put horse race wagers in the 28% GST tax category. However, there’s no need to worry as there are many popular betting sites where you can easily place your bets without taxes or fees.
Best Horse Race Betting Sites
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You asked us to find reputable horse racing betting sites that let you bet on the Indian race. WE FOUND THEM!
Bet365is the best bookmaker to place your horse racing wagers with at Indian tracks. You can bet on India horse races at home, in addition to international horse races held in the U.K., Ireland, U.S., and elsewhere. You can also bet on horse races at Mumbai, Hyderabad, Calcutta, Delhi, Mysore, Madras, and more. There is a huge value for Indian horse racing bettors, so place your bets and watch the races today.
Indian race tracks appear if there is a race scheduled for that particular date. For example, you can only bet on Mysore race odds when they are scheduled, so keep an eye on the track calendars.
Bet365 offers betting markets for horse racing and equestrian, and also offers easy deposit and currency options for Indians.
Apart from Bet365, you can also go with Betway, which is another extremely reliable betting site for Indian race events. You can also look at ComeOn! India, for a wide range of satta markets on horse racing in India.
See our guide for more accurate info on any featured event on livestream horse betting.
Indian Derby Horse Race at Mahalaxmi Racecourse. (Photo by Satish Bate/Hindustan Times via Getty Images)
India Horse Race: Types of Horse Races
Indian race has a huge fanbase and there are many types of horse racing events, like the Indian Derby, Indian 1000, 1000 Guineas, plus many others where you can place bets and win big money. You can follow Indian horse racing news, plus previews and betting tips to place your best horse racing bets.
Indian Derby Betting
The Indian Derby is the biggest horse racing event in the country; first run in 1943. It is now held on the first Sunday of February, at Mahalaxmi Racecourse in Mumbai, and is for four-year-old colts and fillies. The Indian Derby was won in 2019 by Star Superior, and it was the first win in this race for trainer Rajesh Narredu. Don’t wait to start your research for Indian Derby betting.
Indian 1000 Guineas Betting
The Indian 1000 Guineas is a race for three-year-old fillies – run in December at Mumbai. The 2018 race was won by La Rondine, and it was the first victory for trainer Vishal Gaikwad. It is the Indian version of the 1000 Guineas, which you can read more about below, but it is always a good time to start looking into some Indian 1000 Guineas betting odds.
Indian 2000 Guineas Betting
The Indian 2000 Guineas is India’s version of the English 2000 Guineas race, and it is also run in December at Mumbai for three-year-olds, but fillies and colts can both enter. The 2018 edition was won by Sir Cecil, which was trained by Sadakshara Padmanabhan, who has now won the Grade 1 200 Guineas twice. Take a look at his horses when you’re doing some Indian 2000 Guineas betting!
1000 Guineas Betting
The 1000 Guineas Stakes was first run in 1814, and it is run on the Sunday following the 2000 Guineas. It is contested by three-year-old fillies at Newmarket Racecourse, and is the sister race to the 2000 Guineas Stakes. The 1000 Guineas was won in 2019 by Hermosa, and it was the fifth win in this race for trainer Aiden O’Brien. His horses should definitely be in your consideration when you start your 1000 Guineas betting research,
2000 Guineas Stakes
One horse race satta event that you should definitely take in is the 2000 Guineas Stakes. Held at the end of April or the end of May at Newmarket, this classic British race was first run in 1809. Furthermore, it still continues to be one of the biggest horse betting events of the season. This race, open to three-year-old thoroughbreds and fillies, was won in 2019 by Magna Grecia. It also extended the record for trainer O’Brien, who has now won the race 10 times, including in each of the last three years. Amazingly, O’Brien swept the Guineas races in 2019, repeating his same success from 2012 and 2017. You should definitely start your 2000 Guineas betting preparation today, and consider O’Brien’s horses.
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Betting on a Live India Horse Race
In India, a bettor must always physically make a horse race bet. Whether bets are placed on the Tote or with a bookmaker, trackside or off-course, the types of wagers accepted for Indian horse racing are more or less standard.
Common Types of Horse Race Bets
Win
A horse racing betting wager made on a specific winner of a particular race; only a horse that finishes first pays a dividend. The minimum bet on the Tote is Rs 10.
Forecast
Two choices are bet together to be the 1st and 2nd placed finishers in a single race in the order selected.
Quinella
Two choices are bet in combination to be the 1st and 2nd placed finishers in a single race in either order.
Place
This horse betting wager requires the choice to finish among the 1st, 2nd or 3rd placed horses in a single race when there are 8-11 runners. If there are fewer runners, it pays only for finishing first or second. If there are more runners, a 4th placed horse will also pay a dividend.
Shp
Also known as “Second Horse Pool,” this bet chooses a specific horse to come in 2nd (runner-up) in a specific race. The wager loses if the horse wins the race or else comes in third or worse.
Jackpot
This wager requires choosing all of the horse betting Winners of five different races. Correctly betting the first four winners, but with the last leg selection failing, will pay a consolation dividend.
Super Jackpot
This wager requires selecting all of the horse betting Winners of six different races. Correctly choosing the first five winners, but with the last leg selection failing, will pay a consolation dividend.
Other types of bets available in Indian Race
Accumulator
This is a multi-race bet. Selections are made on one horse in each of 2-6 different races to Win or Place. If the first choice is successful, the winnings roll over to the next selection. As long as selections are successful, the rollovers continue until all selections pay out. However, if even one selection is wrong, the entire wager loses.
Bar Bet
This new form of horse racing betting wager, introduced by RWITC, is a bet that any horse other than the favourite will win. In other words, it is a bet on the favourite to lose. Any other horse winning the race will pay a dividend.
Jodi
Not yet widely available, this horse betting wager is a Win bet on a combination of two horses in a single race. Either of the two horses winning pays a dividend. The minimum bet unit on the Tote is Rs 10. The ticket will print the winning amount.
Kenchi
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This wager requires selecting the horse betting Winners in a minimum of three or a maximum of five races. At least two horses winning will pay a dividend.
Tanala
Three selections are bet in combination to be the 1st, 2nd and 3rd placed finishers in a single race in the order selected. A correctly chosen winner, but with the second and third choices reversed, will pay a consolation dividend.
Treble
This wager requires choosing all of the horse betting Winners of three different races. Only one or two selections being correct will pay no consolation dividend.
Indian Race: The Best Tracks To Bet On Horse Racing In India
Horse Racing in India resumed on November 1, 2020, after a six-month hiatus amid the COVID-19 pandemic. The first race of the winter season, called The Rajyastova Trophy, took place at Bangalore Turf Club (BTC).
Check out the current horse race betting preview and schedule, along with the betting odds for the ongoing winter season. You can follow Indian horse racing news stories as well as previews and betting tips.
With Indian horse racing back up and running, here are some of the best tracks to bet on horse racing in India:
Pools Betting vs. Fixed Odds
The totalisator, or Tote, is a computerised form of pool betting. It totals all of the wagers made in a given race or combo of races, deducts taxes and fees, and divides the proceeds among the winners as their dividend or payout.
In this sense, the odds offered are “variable”. Before wagering closes and the race begins, the odds will move up or down, depending on how many wagers are made and at what value. At any given moment, a Tote board (computerised display) shows the the current price (odds).
Each Club accepts bets at the hundreds of automated Tote booths set up at the racecourses. You can also wager by going to a manned Tote window, and buying a cash voucher from a Tote Service Outlet. Or calling over the Tote’s trackside roving operator who carries a hand-held computer. Some of the Clubs also operate off-course centres showing televised races. You can place Tote wagers there. No matter the facility, all of the Tote bets made become part of the same shared pool.
Bookmakers, on the other hand, tend to offer “fixed odds” that pay at a specified rate if the wager succeeds. An example would be picking a horse to Win at 5/1 odds. Every Rupee wagered will then win five if the bet succeeds. This way, the bettor receives a fixed price on a bet. No matter the subsequent rising or falling odds. It is one of the most exciting races to watch when it comes to horse racing.
Which Is Better: Fixed Horse Racing Odds Or Tote?
Either horse betting method involves some risk. A pools wager on the Tote at 5/1 might be worth only 4/1 or 3/1 by the time all of the bets are in. Or, a fixed wager at 5/1 will never deliver more than 5/1. Even if the odds then go up to 6/1 or 7/1 before the betting closes. For this reason, some bookmakers offer a “starting price” or so-called “SP odds”. The contract is for what the odds are when the betting closes. This is often quite close to the Tote odds.
Of course, clubs compete with bookmakers for customers’ wagers. Therefore, incentives exist to induce more Tote betting. “Fixed Tote odds” “are foremost among these. In other words, bettors now have the choice to bet at fixed odds with the Tote as a “computerised bookmaker”. The winning amount is paid at odds set at the time of the wager, and printed on the ticket.
Lesser Government Taxes on Tote bets
Another form of incentive given by clubs is the so-called “bumper prize”. This is a reward in addition to the dividend paid for a winning Jackpot or Super Jackpot. For instance, the RWITC recently offered a Mercedes on Indian Derby Day.
Choosing whether to wager with the Tote or the bookmakers should take the cost of making a bet into account. As noted in the section above, most Tote bets start at Rs 10. They can be as little as Rs 2. Bookmakers, on the other hand, tend to require bets of at least Rs 50. What’s more, government taxes charged for Tote bets are often half as much as those applied to bookmakers’ tickets.
Best Online Horse Racing Betting Sites: Which to Choose?
You can quickly and easily place satta at the best online horse racing betting sites, like Bet365, Betway or ComeOn! India. These betting platforms provide a number of betting markets and provide you with an enjoyable and safe experience.
Indian Race: Horse Racing Payout Rules
Lastly, it is the task of the bettor to know the India horse racing betting payout rules. If a horse withdraws prior to the race or there is a disqualification, it can greatly affect the outcome and the India horse race odds. Moreover, knowing what measures are in place for dead heat payoffs is important too. As a result, this will help to avoid any nasty surprises at the pay window.
If you’re a fan of India horse racing, Delhi Race Club and Madras Race Club are two of the most popular clubs where you will find the best action of horse racing world.
Brief History Of Indian Race Betting
In 1996, the India Supreme Court ruled that horse racing betting is a game of skill, not just luck. Since this ruling, India horse racing has surged in popularity.
Today, there are six Turf Authorities of India. These race clubs organise Indian race events at nine racecourses found around the country, complete with their own pari-mutuel wagering stations and trackside bookmakers. There are also many off-course and inter-track betting centres in most states. All offer live TV coverage of the contests and accept bets over the counter.
Horse racing betting is a legal and regulated industry. There are many opportunities for Indians to bet on international horse races online. This includes such sites as Bet365 and 10Cric.com.
Indian Race: Today’s Online Horse Race Satta
The Turf Authorities of India guard their hard-won right to offer pari-mutuel betting at their race courses and off-course centres. They tolerate the sports betting sites.
Bettors, however, have broader rights. Putting money down on horses is a skill, and are therefore not subject to gambling laws. Likewise, to the best of our knowledge, there are no laws stopping people from placing horse racing bets with online wagering sites based abroad. From Hyderabad to America’s Kentucky Derby to England’s St. Leger Stakes and even the Japan Cup, there are many events for Indians to bet on their favourite sport via the web.
FAQs about Indian horse race betting
While operating betting sites in India is illegal, there isno law against placing a horse race satta online at an international site. You can also read about Indian gambling laws here.
Yes, it is safe – only if, however, you are on a reputed betting site.
By using a licensed, trusted site you increase your chances of keeping your money secure. The longer the site has been around, the better. It takes a long time to earn a good reputation. Customers will start leaving a site if they begin to question if their money is protected, or if the site is providing fair odds and timely payouts.
See our list of trusted sites to help you make your choice.
You can absolutely win real money at online horse race betting. You just have to do your research, such as reading about the racing club and race track, the various types of races, the horses that are taking part, horse racing news, etc.
A large number of online bookmakers take bets from those living in India. Indians, therefore, are able to bet on many sports such as cricket, horse racing, tennis, football (soccer) and more, besides partaking in casinos and live casinos.
The sportsbooks we recommend for horse race betting are listed here.
E-wallets are the most recommended means of making deposits on online betting sites for horse racing (or anything else). We favour Neteller.
In general, e-wallets are best for Indian players since credit cards can be hard to use. It might take a few days to set up an e-wallet account. Once done, however, you can use an e-wallet to deposit and withdraw money very quickly. See our banking guide for more details.
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