For centuries, it seems, gambling and horse racing have been inextricably linked, dating back to ancient Rome. The excitement of watching top thoroughbred races grew in importance and spread around the world. Today, watching and betting on these races has become an elite pastime. In fact, in some places, like Uganda, you can hardly swing a stick without hitting a dedicated horse betting website.
Our guide contains all the information you need on how to bet on horse racing in Uganda. We go one step further and offer insightful horse racing predictions for the upcoming events you can bet on in Uganda. Despite the ancient tradition of betting on horse races, punters still need to keep up with the current scene.
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Horse Racing Betting Guide
- How Horse Racing Betting Online Works
- How to Use Horse Betting Strategy
- Best Horse Races for Ugandans
How Horse Racing Betting Online Works
Placing a bet on horse racing online is quite simple. It's not really that much different from making a horse racing bet in person. Bettors just have to be extra careful to understand what the bet types mean and be good at figuring out when they're looking at the best horse racing odds. That's what we're here to help you with! And while we're at it, we thought we'd also create an online horse betting guide for our readers in Uganda. So, for your convenience, we have listed here some of the most common types of horse racing betting that people do in Uganda.
Types of Horse Racing Bets
The leading online horse racing betting sites in Uganda offer the most exciting betting markets for fans of the sport. And because all bettors want to maximize their enjoyment of horse racing while making a profit, they need to fully understand the betting methods they use. The use of simple to more complex horse racing bets is key to achieving this understanding and betting success.
Straight Line Horse Racing Bets
For someone new to horse racing, the simplest bets are the best place to start. Not only do you not need to be an expert in the ins and outs of horse racing to make them, but they won't break the bank either. So what are the types of bets that a novice can easily understand and afford?
- Win Bet - players bet on the horse they predict will win the race and finish first.
- Place Bet - As the name suggests, you predict where your chosen horse will finish.
- Show Bet - Uganda bettors bet on a horse to finish in the first three positions in the race. This means that you win if you predict your favorite to finish first, second or third.
- Win-Place Show Bet - This bet checks all the boxes and refers to a scenario where your selected horse wins first, second and/or third place.
Once you have built up a solid winning streak, you can move on to more complex bets with far greater payout potential:
Exotic Horse Race Bets
Exotics give bettors the potential for huge payouts by expanding the number of possible outcomes in a horse race that they can bet on. They offer a much higher payout because all of the conditions for the race have to be met for the bet to win. Here are some exotic bets on a single race that you will come across at online bookmakers in Uganda:
- Exacta - In this bet, the punter predicts two horses to finish first and second. You only win if the horses finish in the exact position predicted.
- Quinella - unlike the exacta, quinella bets are predictions 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 in which 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 have selected.
- Hi-5 - bettors pick the first five finishers of a horse race in any order to win.
You can also increase your total winnings by betting on multiple races. Of course, these bets aren't quite the same; they carry a little more risk and, as always, a little more reward.
- Daily Double Wagering - this event requires a player to pick the winners of two consecutive races to win a prize.
- Select 3 - Similar to the Daily Double, players increase the number of winning outcomes to three straight races, and all horses must win their designated contests.
- Select 4 - Players can bet on the winners of up to six consecutive races and reap huge rewards.
How to Use Horse Betting Strategy
Use your newly acquired knowledge and start betting on horses today. Don't be intimidated by the different types of bets. If you follow our horse betting tutorial, you will find that it is not complex. In fact, it is no exaggeration to say that our tutorial has probably been followed by many people. These many people range from beginners who are confused by various terms to experts who follow strategies that are far too complex for us to even think about placing bets this way. Here are some tips that we have found to be useful for those who want to work the racetrack into their budgets:
- Look for the best odds and try to pick a few upsets here and there. If you follow the morning line, most of the time the horses that are considered likely winners are also considered low payers, which kind of takes the fun out of betting on horses. It is also not a very sound strategy if you want to make money.
- Sign up with a horse racing betting site that has a substantial welcome bonus. This will give you a larger bankroll to start with, and it will also allow you to place some experimental bets to get the hang of things without risking your own money.
- Go to the top horse racing prediction sites as they tend to have the best payouts. Winning at horse racing is difficult, and using a betting system to pick winners is no guarantee of success (just ask the people who've been successful with the betting systems they've developed). However, if you are betting on the type of sites that have large payouts, then the rewards of success are greater.
- Pay particular attention to the order of the race if the horses in a starting position are doing well.
Best Horse Racing Events for Uganda 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