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Do you want to know everything about online horse racing betting in Bangladesh? 

Horse racing in Bangladesh dates back when the first racecourse was Chalanbeel Horse Race. By now, the popularity of horse racing is already huge such that horses are coming from Britain. This 200-year-old sport is now a widely famous and established industry attracting millions of fans worldwide.

The legality of horse race betting in Bangladesh is not against. Horse racing betting is legal/safe as it falls under the “game of skill.” That makes horse racing unique for all Bangladeshi bettors. You can always explore other types of sports betting, such as kabaddi and football betting, but remember they are not considered legal if not played online.

The Best Horse Racing Websites in Bangladesh

best horse racing websites bangladesh
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Horse Racing In Bangladesh: How to place a bet?

Place horse racing bet
  1. Find a betting website that provides horse racing. If you want to participate in horse racing betting on horse races online, The first step is to locate a gambling site that has a market. That requires knowing the most reliable operator sites you can join. These sites are listed on the list above.
  2. Join and claim the bonus Many popular online betting websites offer a welcome bonus on registration. Sign up and sign in with your identification information. Then, you must create your very first account to take advantage of your bonus.
  3. Click on “sports” and then select “horse race” – Once your betting account is up and funded, locate the market you want to bet on, which is, in this case, horse betting. Many betting websites feature an option to search where you can look up your market.
  4. Make your wager – the following vital step is to select the amount you want to bet. I don’t particularly appreciate opening my entire bank account, and I advise avoiding it after choosing the bet amount and clicking the bet button to make your wager.
  5. Then wait for the outcome. The next step is the waiting game. You can stay patient at this stage, waiting for the result. The result will be more likely to be positive if you conduct your research before making your wager.

Famous Horse Racing Events in Bangladesh

famous horse racing betting events bangladesh

As with all races, horse racing has a variety of races to enjoy and wagering enjoyment. Every day there’s never a lack of excitement in racing, including the renowned Bangladeshi derby, to the adored Guineas. This article will look at the most popular races in Bangladesh.

Chalanbeel Horse Racing Event

While there isn’t any evidence of the time when the celebrations began in this area, locals do the Festival regularly throughout Baishakh. People from Chalan Beel organize a traditional horse race every year in the Notabaria village in Chatmohar Upazila. Horse owners from various districts of the Chalanbill region take part in the race each year. 

The Zamindars also patronized the races from Natore, primarily those belonging to the Dighapatia Raj family. It’s an aspect of tradition for the Native people. “It is the pride of my family members that my grandfather and father also participated in horse race events. I would like to see my children continue the tradition.” Racers affirm.

Horse racing takes place for three days. A festival is also contained in the nearby Notabaria field to mark the tradition-based Festival. More than a hundred stores participated during this village fai, divided into two categories. 

  • Sprint race with legs (called Mill Dour in the local language) and
  • Hurdle race of horses (called Dhap Dour).

Best Horse Racing Tracks in Bangladesh

Best horse racing tracks

Best Horse Racing Events around the world

Around the globe, millions of players adore the horse racing sport, which has led to many grand and glamorous racing events. Let’s look at some of the most prestigious races in the world.

Kentucky Derby

The Kentucky Derby takes place each May Saturday in Kentucky, USA, at the Churchill Downs Racetrack in Louisville. It is the venue for this race that runs for 2,000 meters, and the prize is $3,000,000.

That is perhaps the most renowned race for horses on the planet. If you’re a lover of horses, it should be on the top of your list of events to experience in your life.

Dubai World Cup

The Dubai World Cup is a renowned race event that takes place on the last Saturday in March. This 2000-meter race will be hosted by Meydan Racecourse in Dubai, UAE.

This year’s Dubai world cup has an estimated prize of $12 million. I refer to this as the pride of the Middle east.

Prix de l’Arc de Triomphe

As we return to France, We are home to an event that is among the top renowned European horse races in Europe. Every Sunday of September in the Longchamp Racecourse in Paris the Prix de l’Arc de triomphe takes place.  

The race is 2400 meters long and has an astounding $5,600,000 prize cash.

Breeder’s Cup Classic

The Breeders cup Classic is home to various racecourses across America and Canada every year. The 2000-meter race, with an estimated prize of $6 million, is held in November, specifically at the beginning of Saturday.

The race is unique because there isn’t a fixed location for it. Instead, it travels across North America.

Sheema Classic

The final but certainly not the least of them is one of the most significant events, the Sheema Classic, held in Dubai, UAE. The Meydan Racecourse is home to as many as 80,000 people who love horse racing on Saturday, the last day of March.

The race is 2400 meters long and has an estimated prize of $6,000,000.

Horse Racing Best Betting Strategies

Best horse Betting Strategies

Betting on horse racing is complex yet easy to get. Expert gamblers understand that specific strategies are necessary to give you that edge. Below are some tips that you could try:

Points Horse Racing Betting Strategy

There is no doubt that numbers don’t tell the whole story, but the points strategy attempts to evaluate the horse’s previous performance through points. For this strategy, you must determine the horse’s score in the last three races. Make use of the following point system:

  • If your horse is a winner in the race: Add 5 points.
  • If the horse has been 2nd or 3rd in an event: Add 3 points.
  • If the horse has been placed 3rd in a race 3rd place: Add 2 points.
  • If the horse has been placed 4th or better in an event, add 1 point.
  • If the horse was placed on the course and won, add 2 points.
  • If the horse is placed at a distance and distance: add 3 points.
  • If the horse is placed on the course and distance, Add 4 points.
  • If the horse was an underdog: Add 2 points.

The maximum score that a horse can score is 24. Add up the points and determine the outcome.

Your winnings will be deposited on the horse that has the highest score. I guarantee you this method works.

Dutching Betting Strategy

If you want to reduce your risk to a minimum, the dutch method is the method to take. It is a lot of work and requires a lot of calculations, unlike the points system.

This strategy involves betting on every outcome that could happen to make a profit, regardless of how small. This strategy is taking on risks to reduce them.

Quick research on the internet will bring up websites with calculators that you can use in this particular system. While this method reduces the risk considerably, it’s still not 100% bulletproof. If a new underdog in the race is the winner, there is a high possibility of losing all bets. However, I am confident this will work 90 percent of the time.

Value Betting Strategy

Every gambler needs to know the best way to calculate the worth of a bet before placing them. In horse racing, the bet value is easy to determine. Sometimes, odds provided by bookmakers may not reflect the amount of money bet.

An underdog with an odd record doesn’t necessarily mean that it will be successful and has a low worth.

Simply put, value betting recognizes when the bookmaker does not value a bet. Expert gamblers use this error to make money on the chances, which requires a lot of years of experience.

The Beginner’s guide: How to bet on Horse Racing

The Beginner's guide Horse betting

Rules and Regulations

In a horse race, some rules govern the race. Here are some of the rules:

  • The races with flat surfaces (no barriers) must start at the stalls.
  • The jump races (with hurdles) should begin at the gate to the stall. At times, flags could be used as a starting signal.
  • The entire team of Equestrians (horse riders) must be riding their horses as far as they can to be able to win the race. This eliminates the possibility of fixing the race.
  • The riders must learn safe riding to avoid injuries during the race.
  • All courses must be followed, and the obstacles (Jump race) must be jumped correctly to complete the race.
  • A race is not completed once the finish line has been crossed.
  • In a race finish, the rider must finish the race by riding his horse.
  • Beginning the race after the signal is issued causes false starts, and the race has to be restarted.

Horse Racing Betting Odds Explained

Horse Racing Betting Odds Explained

Understanding the odds of horse racing is not rocket science; it’s easy for anyone to be able to comprehend it. Odds typically determine the amount of profit you earn on the staked bet when it’s successful. Betting on horse racing is impressive. The odds are either set or to be tallied. Here is an example of odds that you will encounter:

  • Odds 8/2 indicates that for every two ৳ put in, 8 ৳ are anticipated. A wager of 2 ৳ will yield 10 ৳
  • Odds 1/4 means that for each 4 ৳ that you bet on, you’ll get an amount of 1 ৳ if you succeed.

In a fixed odds scenario, the return is guaranteed at a set rate determined at the bookmaker’s discretion.

For instance, you put 10 ৳ into the horse with odds of 3/1, which means that for every ৳, you will earn 3 ৳ if your bet succeeds. Therefore, your stake of 10 ৳ would make 30 ৳ if successful.

Tote odds, also known as the pools bet, is an automatic version of betting on pools where the odds differ. In this instance, the pool of people(pool) join forces to place bets on a horse or race. The stakes are summed up, and the profits are divided between the winners. 

The odds of a tote vary based on the number of bets placed and will change until the end of the race.

Tote and fixed odds offer advantages as well as disadvantages. You must decide the best option for you after considering your choices.

Betting Terms Explained

  • Win This bet is placed on one horse to win the race. The betting horse must win the race to be eligible for a payout.
  • A show bet is a bet placed on a horse that will be first or second in a race.
  • across The Board, Across the board betting format of combining a show bet, a winning bet, and a place bet on one ticket
  • Forecast – Betting on two horses that will come 1st and 2nd in a predetermined number of tickets.
  • Quinella – Betting on two horses in a race that will finish 1st or 2nd in any order you place on tickets.
  • Daily double -This is an all-race that bets on the winners of two races consecutively are bet on.
  • Jackpot This is a forecast of five winners from 5 different races on the same ticket. You will receive a payout for consolation when only the first four predictions are accurate.
  • Super Jackpot -This is the prediction of six different winners in six races on one ticket. The winner will receive a bonus if you are the only five to be correct.
  • Tanala -This is a prediction for the first, third, and second finishers in one race. There is a payout for consolation when the finish positions change by the third and second
  • Trifecta -This is a pari-mutuel bet on the first and second finishers in the correct order of an event.
  • Super fecta -A complex option to select the winning place, show, or fourth horse to finish the race. You’re betting on the top four horses to be the first to finish in the correct order.
  • Kenchi Kenchi This bet is placed on a minimum of three races and a maximum of five on a ticket. If you win two races will automatically payout
  • Jodi -This is putting a winning bet on two horses in one race. The horses that win can either pay payment
  • Bar Bet -This is just a bet on the most famous horse to finish last in the race.
  • Accumulator – This bet requires several wagers on various horses at various races. All horses must be successful before any payout is feasible.

What Applications to use for Horse Racing?

Use Applications horse betting

Live betting means betting when the race is taking place. Also called in-play betting, you can place your bet during the race live.

Live Betting Feature

It is essential to be quick in your picks since the race will only last a few minutes. The top-rated casinos online in Bangladesh provide this option to bet on horse racing.

Live Streaming Feature 

Live streaming, as its title suggests, is watching races live from the convenience of your phone or computer. For instance, Bet365 has a live streaming feature that you can use after a bank account.

You must select Live streaming if you’ve downloaded the casino app from the bookmaker you prefer. This option is available via a mobile device and on your personal computer.

FAQs

Is Betting on Horse Racing Legal in Bangladesh?

Yes. Racing on horses is a “game in skill” and is not just a “game or chance” under Bangladeshi law.

What Is Horse Racing Betting?

Betting on horse racing is betting on the outcome of a race horse.

What Is the Best Site for Horse Racing Betting?

The right site for you is dependent on what you’re looking for. It could be the most competitive odds, betting in-play, and more. Betway and Bet365 are among the best betting options in Bangladesh.

What Betting Site in Bangladesh Can I Watch Horse Racing Live?

You will find a lot of betting websites that offer this option. Bet365 is an excellent choice for this feature.

Where Do I Get The Best Horse Racing Odds?

Bookies usually have different odds based on the races, and you can evaluate odds to find the best for your needs.

Can I Deposit ৳s on Horse Betting Sites?

Yes. Nearly all websites that offer horse race betting will accept BDT deposits.

This guide will reveal everything you need to know about online horse racing betting in Bangladesh. Here are the best horse racing websites and comprehensive strategies for betting on horses. Now you can bet on horse races held in Mumbai.