Horse betting NZ remains an extremely popular form of betting. Along with rugby and football, horse racing remains at the deep end of the industry. But can we, here at LordOfOdds, help you find a winner or two?
We’ll walk you through how to bet on horse racing, looking at various racing betting types and giving you some general tips on the best race bets.
Also, we look at the various odds available to horse racing punters, making sure you gamble responsibly. Additionally, we look at live streaming famous races, and we answer your most important questions about horse betting NZ.
Top Horse Racing Betting Sites
*Please note that the bet365 bonus code BETMAX365 can be used during registration but does not change the offer in any way.
How to Bet on Horse Racing
While betting at the track has always been popular, and some of the world’s best races, such as the Melbourne Cup at Flemington in Australia have always been bet on in the country, horse betting NZ has exploded online in recent times.
You can bet at the track or online with a bookmaker. If you prefer pool betting, the TAB is the way to go. However, if you prefer fixed odds for your bets, then visit a top online bookmaker such as bet365 or William Hill.
Then, if you have trusted horse racing tips or really know your stuff, simply open an account with a bookmaker or with the TAB. Once you’ve joined, you can choose a race and place a win bet, place bet or each-way bet, among other things.
Horse betting NZ is available to all now. Racing betting is exhilarating, but read a review from us first and gamble responsibly.
What Are the Different Types of Horse Racing Bets?
The best horse betting NZ relies on punters picking the right bet types. Here are the main ones you’ll find:
- Win bet: simply back your horse to win. You can do this via pool betting or a fixed-odds bookmaker.
- Place bet: generally, with pool betting, a place bet means to back a horse to finish in the first three.
- Each-way bet: with fixed-odds horse racing betting, an each-way bet is essentially two bets. A combination of a win bet and a place bet in one.
- Quinella: also known as an Exacta, this time punters pick horses to finish first and second in a race in the right order.
- Boxed Quinella: like a Boxed Exacta or Reverse Forecast, this means betting the same way as a Quinella but paying twice. This way, your two horses can finish the race first and second in any order.
- Trifecta/Boxed Trifecta: like the Quinella, but featuring three horses.
Horse betting NZ allows for all these types and more. Read a review with us to get horse racing tips for the races, and always gamble responsibly.
Tips for Betting on Horse Racing
We review our horse racing tips to make sure horse betting NZ is enjoyable. Here are some basics:
- Read a review – our horse racing tips can at least start you off.
- Do your research – read a review of bookies to get the right one. Also, know horse racing as a sport to not be caught out when placing bets on a race.
- Get the best odds – as a review will show you, one fixed odds bookmaker will offer higher prices than another.
- Know the tracks – horse racing in Canberra is different from a race in Melbourne, such as at Moonee Valley or Flemington.
Horse Racing Odds Types
There are two main horse racing odds types in horse betting NZ: fixed odds or Totaliser (Tote) odds.
With fixed odds racing betting, punters know the exact prices they will get when they bet in a race. Fixed odds do actually move, but it sticks once you have placed your bets on races. If you back a winner at 4/1, you know what your returns will be.
Totaliser prices differ from fixed odds horse betting NZ. This time, the money goes into one pool, and when the race winner is known, money is paid out as ‘dividends’ to successful punters. Odds on the Tote can change hugely in the moments before a race. This is where you will find separate win bet and place bet odds.
One of the best things about horse betting NZ now is being able to watch horse racing live. Live streaming means watching races on a bookmaking site via the internet. This way, punters can place bets and watch in one place.
Streams are usually high quality, with commentary. Check a review with us to see who offers live horse racing betting and streaming.
Thoroughbred vs Harness Racing
When looking for a review or racing betting tips, remember that in horse betting NZ, there are two main types of racing to place bets on.
Harness racing involves horses running races at a certain gait, trotting or pacing. They pull a cart that is occupied by a driver rather than a jockey.
This is the most popular form of horse betting NZ. Thoroughbreds are the best and fastest horses. Thoroughbred races involve the horses being ridden by a jockey, starting from a barrier or gate and running over distances from around 1000 – 3200+ metres.
Most horse racing tips and bets surround thoroughbred racing, and the biggest and best events in the world are in this sphere.
Famous Horse Races
There are almost too many great events to find horse racing tips on. These are just a handful of the best:
- The Derby: the main race for three-year-olds in England. Run each June. The Derby has given its name to several other top races around the world.
- The Grand National: Britain’s single biggest betting event. The Grand National is a steeplechase in April featuring 40 runners.
- Kentucky Derby: America’s top sophomore race. The winner gets a place in racing history.
- Dubai World Cup: once the world’s richest race, run every March with the best dirt horses taking part.
- Cox Plate: run in Australia at Moonee Valley, one of the world’s best races.
- Melbourne Cup: not just the biggest race in Australia, but one of the best in the world. The Melbourne Cup is run every November at Flemington.
Enjoy them, but remember to gamble responsibly on all.
Horse Betting NZ Conclusion
There are plenty of choices for those looking to get into horse betting NZ. Both fixed odds and Tote bets are a great way to try and back a winner.
Horse betting NZ is at full flight now. Follow our basic horse racing tips to win more, but remember to gamble responsibly.
We all want to win with horse racing betting, but it’s a tough sport. We must gamble all the time responsibly.
At LordOfOdds, we review everything. We give you basic horse racing tips on how to bet, show you the various odds types, including the win bet and place bet, and take you through what to expect from live streaming.
Some of the world’s best races are taking place right next door in Australia. The Cox Plate at Moonee Valley and the Melbourne Cup at Flemington are examples of a race we all want to win. Here’s to your next winner.
Horse Betting NZ FAQ
Here are some key questions answered about horse betting NZ.
In horse racing, SP stands for ‘starting price’. This represents the official odds attached to a horse when the race begins. Racing betting punters are paid out by the bookmaker at these odds if they back a winner.
Horse racing betting can be profitable. It takes a lot of studying, and punters must gamble responsibly to win regularly. Read a review on LordOfOdds for more help and tips on horse racing betting.
We review many bookmaker sites. Each horse racing bookmaker offers something different. For fixed-odds bets, bet365 is probably the best out there. Read our bet365 bookmaker review for more.
More tips are available in our review. With a fixed-odds bookmaker, betting on the nose or each-way if the odds are right is wise. If making use of your horse racing tips on the TAB, a win bet or a place bet on the races is the way to go.