Horse Race Betting online – Wager virtually for minimum RM0.5
Virtual Horse Race Betting A-Z guide for beginners – Know how it works, 3 simple steps to wager at W88, betting odds explained with examples, and 3 tips to win.
Virtual sports betting is one of the best sports betting alternatives you can enjoy on sites like W88 Official for the lowest price of minimum RM2 per bet. There are many different virtual sports to wager on like football, basketball, but horse race betting will always be one of the most entertaining bets to play. In this article we will introduce you to a simple horse betting online tutorial crafted for beginners, so read on.
Virtual Horse Race Betting – How does it work?
Before we look into the horse race betting online tutorial, let us explore what is horse betting and how does it work in sportsbooks online. As the name suggests, horse betting lets you wager on different horse race matches except this is in a virtual setting. Meaning the horses are all computerised and race each other to give you results based on the RNG systems.
Since horse race betting is a virtual sports game, the matches take place at a quick pace wherein each match lasts around 3 minutes. There are many different matches to wager on back-to-back letting you predict the first, second, third place winner, and also letting you bet on two or three horses that you think could secure the first, second, and/or third place. Overall, horse betting is an entertaining virtual sport, and to know how to wager on it read on.
Play Horse Race Betting online at W88 in 3 simple steps
Let us now take a look into the 3 simple steps to play horse betting in the W88 sportsbook. The W88 sportsbook is the best place to begin your horse race wagering journey thanks to the low stakes and huge 100% up to RM1,088 bonus that can be claimed on the first deposit.
Step 1: Log into W88 and select a Virtual Sportsbook
The first thing you should do is log into the W88 official website by clicking on the ‘Login‘ button and entering your login credentials in the pop-up box.
If you do not have an account in the W88 register then create one within minutes by clicking on the ‘Join‘ button and entering important account details with accuracy.
Once done, click or hover your mouse over the ‘Sports‘ product to click on your preferred Virtual sportsbook and move onto the next step of this article.
Step 2: Click on Horse Racing and select your preferred match
In the next step, you must select the ‘Horse Racing‘ option to enter the sportsbook meant for horse race betting at W88.
Here, you will see a live streaming service with ongoing virtual horse races taking place. So, now you must select a match to wager on and to do that click on a horse race time from the right menu panel.
Doing so will show you all the bets for that particular horse race as shown in the last step of this W88 Play betting article below.
Step 3: Place a bet on your preferred horse and enjoy the match
In the final step, you will be shown all the options for the selected match wherein you can place bets on any of the horses to predict whether they would win 1st, 2nd, and/or 3rd place.
You can wager on more than one horse during a match to predict different places. For that click on your preferred bet and this will open a bet slip to the right.
In the bet slip enter your betting stake amount and this will show you the potential payout returns. To confirm the bet, click on the ‘Place Bet‘ button. Now you can enjoy the virtual sport in anticipation of the results.
Here, we wagered on horse number 6 to place 2nd or 3rd in the race, and to know the outcome of the match as well as how the betting odds work in sportsbooks, read on.
Horse Race Betting odds explained with examples
It is important to understand how betting odds work in sportsbook in order to make good betting decisions. In this article, we will explore the how bet odds work in sportsbook with examples taken from the aforementioned horse race match. This will also show you the end game results of the bets placed above.
Wagered on Horse Placing 2nd or 3rd
Wagered on Horse Placing 1st
Betting odds: 1.65
Betting odds: 3.10
Betting stake: RM10
Betting stake: RM10
If the bet wins: RM16.50 is won
If the bet wins: RM31.00 is won
If the bet loses: Bet stake is lost
If the bet loses: Bet stake is lost
As you can see, if you wager on the horse winning the first place then you’d get paid more since the betting odds is higher. Whereas, if you wager on the horse placing the second or third place, then you will get paid less. However, this is because higher odds come with more odds to defy whereas lower odds have fewer odds to defy in the sportsbook. This means that wagering on lower odds is the better option.
3 Betting tips for Virtual Horse Race betting online
In the final section of this article, let us now explore the 3 helpful strategies to help you place accurate bets in sportsbooks. These are basic tactics that you should follow as a beginner in sportsbooks to enhance the way you place bets till you develop your own betting strategies to win.
Bet more on lower odds: As shown above, it is best to bet on odds that are lower than higher odds since low odds means that the bet is more likely to win with low risks.
Use previous result charts: It is best to glance through the previous results charts since horse race betting is a virtual sport based on the RNG system that creates a pattern after which a horse is more likely to win.
Do not bet continuously: To save bankroll balance, it is best if you avoid wagering on all the matches in the sportsbook back to back. This lets you use your bankroll wisely and also lets you wager mindfully.
Conclusion
This was the Horse Race Betting Online tutorial at W88 Sportsbook. Using this tutorial, you can begin betting on fun horse races in the virtual sportsbook for stakes starting at RM2 only. Remember to wager with our given tips to enhance your bets and win big. If you wish to learn more about virtual sports betting through insights, betting guides, and strategies curated by experts for beginners, keep visiting the W88.page website.
