Betting on horses has long been a part of gambling, dating back to ancient Rome. Betting - openly and secretly, in front of the congregation or behind closed doors - has a long and well-documented history, with countless people involved, from the peddlers of betting slips to the bettors themselves, condemned even in ancient times as a bad lot, but part of the human condition.
Our guide has all the information you need to place bets on horse racing. We provide the guide for the old timers as well as the newcomers. Since our inception, we have gone the extra mile to provide a plethora of horse racing betting tips. In Tanzania, we offer up to date betting odds on the next horse racing events that you can bet on.
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Horse Racing Betting Guide
- How Horse Racing Betting Online Works
- How to Use Horse Betting Strategy
- Best Horse Races for Tanzanians
How Horse Racing Betting Online Works
These days, placing a bet on horse racing over the Internet is easy. Betting on horse racing online is not much different from doing it in person. If you can place a bet on horse racing in an offline environment, you should have no problem doing so online. The options may look a little different, but in the same way that you'd bet with bookmakers in Tanzania, you'd bet with bookmakers online.
Types of Horse Racing Bets
The best betting sites for horse racing in Tanzania are those that offer the most competitive betting markets. Horse racing fans who live in Tanzania and like to bet on the sport will benefit handsomely if they stick to the top betting operators. Furthermore, this article will go over the ins and outs of horse racing betting, so by the time you reach the end, you'll be saturated with knowledge.
Straight Line Horse Racing Bets
For someone new to horse racing, the safest and easiest bets to make are straight bets. These do not require a deep understanding of the intricacies of horse racing, and they have the added bonus of being relatively inexpensive. Some of the simplest straight bets to make are the following:
- Bet to Win - a bet on the horse the player thinks will win the race and finish first.
- Horse Pick - simply put, you predict where your chosen horse will finish. This is a basic type of bet. When you say where you think your horse will finish, you are making a prediction. It is a statement that contains both a prediction and a judgment.
- Show Bet - TZ bettors are betting on a horse to finish in the top three spots in the race. In other words, you win if you call your favorite to finish in one of the three positions just before the wire.
- Win, Place and Show Bets - This is the classic bet, and you are essentially betting on which of your selected horses will finish in the top three. It is a simple bet whose odds are easy to calculate.
Once you have built a solid streak of consecutive wins, you can move up to the next level of more complex bets that offer far greater potential returns.
Exotic Horse Race Bets
Bettors can win much more money by placing exotics bets because these types of bets expand the number of possible outcomes and horses involved in a race that can result in a win for the bettor. However, for such a bet to pay off, all of the predicted outcomes and horses involved must be correct. Here are some examples of exotic bets you can find at online bookmakers in TZ:
- Exacta - In this bet, the punter predicts two horses to finish first and second. You win only if the horses finish in the exact position predicted.
- Quinella - Unlike the exacta, a quinella is a bet on two horses to finish first or second in any order.
- Superfecta - similar to the trifecta, but the difference is that you pick four horses instead of three. You also win in the order you placed your bet.
- Trifecta - this is a bet on the three best horses to finish first, second and third in the exact order you select.
- Hi-5 - bettors pick the first five finishers in any order in a horse race to win.
You can also make unusual bets on different events to increase your winnings. These bets are a bit different, as they raise the stakes but also the payday.
- Daily Double - In this event, bettors pick the winner of two consecutive races to win.
- Select 3 - Similar to the Daily Double, bettors increase the number of winning outcomes to three consecutive contests, and each horse must win in its assigned contest.
- Select 4 - Allows horseplayers to pick winners in four different races. This wager must be placed before the first race in which a selection is made. If successful, the payoff can be significantly greater than winning the same amount on consecutive race bets.
How to Use Horse Betting Strategy
Use the knowledge you have just acquired and place some bets on horses. Different bets should not intimidate you. If you follow our tutorial on horse betting in Tanzania, you will see that it is not nearly as complicated as it may seem. Our expert horse racing tipsters have been under the influence for years and have found out that certain strategies have a better chance of winning than others when it comes to horse racing. Below are some horse racing bets and tips that we find very useful.
- Search the market for better odds and try to anticipate a rare upset. Generally speaking, the horses that are labeled winners have low payoffs, which is why this exercise is sometimes referred to as "finding value". In reality, you're simply trying to win the betting game.
- Sign up with a horse racing site that offers a lucrative welcome bonus. This will boost your funds and allow you to familiarize yourself with the betting process without risking any of your own money.
- Check out the top horse racing betting sites as they tend to offer the highest payouts. Horse racing handicaps are hard to win (you are betting against the best horse racing minds in the business!), but when you hit one, and especially when you hit a big one, the payout should be massive.
- Pay special attention to the order of the race, as horses in the poll position tend to do well.
Best Horse Racing Events for TZ punters
- Breeders’ Cup World Championships
- Triple Crown
- Kentucky Derby
- The Preakness Stakes
- Belmont Stakes
- Prix de l’Arc de Triomphe
- Melbourne Cup
- Durban July
- The Sun Met
