Horse racing in India is a traditional sport with a long history. It is a game of skill and not luck. It has been growing rapidly for the last 15 years. The number of races has grown from less than 100 a year to more than 400.
The horse racing industry in India has grown into a huge and lucrative business. It’s estimated to be worth Rs 300 crore.
Breeding
Horse racing in India has seen a dramatic rise over the last few years. Thousands of horses compete in races for prize money of up to $24 million a year.
In recent years, middle-class Indians have become enticed by the prospect of owning a horse. They think it is a way to rub shoulders with their social elites, thereby giving them a sense of status.
While this has helped many of the middle-class horse owners acquire a status symbol, it is also a threat to Indian horse breeds. The country’s equine associations are vying for recognition from the international community, and this is putting pressure on Indian breeding.
One of the most famous indigenous breeds is the Marwari, a large horse renowned for its ability to carry heavy loads. The breed was banned from export for decades, but a small number of these horses are now allowed to leave the country.
Ownership
Over the last few years, horse racing in India has grown into a huge industry. Today there are 3,000 thoroughbreds, 100 stud farms and over 400 days of racing per year in India, despite initial challenges.
One of the biggest reasons is the increasing popularity of owning horses – even small shares in syndicates or companies. This is because owning a horse is often seen as a symbol of social standing and power.
Similarly, many middle-class people believe that owning a race horse is a way of raising their profile. However, this can lead to more problems than the owner ever anticipated.
The trend has also led to owners taking advantage of the low-interest loans offered by clubs that are repayable in easy instalments. This is a major cause for concern as it can be used as an avenue by tax-dodging owners to defraud the government.
Modernisation
India has one of the world’s most historic horse racing traditions. It can be traced back to the 18th century when races began to take place in Madras (now Chennai) under British rule.
Modernization is a process that enables a nation to become more diverse, functionally specialized and structurally interdependent. It also increases its capacity for political and economic stability.
While modernisation can be a positive and constructive process, it also has its share of negative side effects. In the case of horse racing, modernisation has come with its own set of problems.
Scandals
Besides being a lucrative activity, horse racing is also a source of illegal gambling. The horse racing industry in India has had many scandals. These range from drug use to equine abuse. The most obvious negative impact of the sport has been the exploitation of race horses. They are bred for speed and endurance. They are whipped, administered drugs like Bute and Lasix, and sometimes even made to run on metal spurs.
While a recent doping scandal in the Indian racing circuit has not yet resulted in any serious consequences, other issues are causing a lot of concern among racing fans and the authorities.
Three of India’s most successful trainers have been caught up in a steroid scandal. Ocean And Beyond, ridden by Richard Hughes and trained by SK Sunderji; Star Future, trained by Cooji Katrak; and Eloise, trained by Pesi Shroff have all tested positive for the anabolic steroid Boldenone.
How to Bet on Horse Racing
When it comes to betting on horse racing, it’s important to be aware of the various wager types and how they work. This will help you place a winning bet.
There are many factors to consider when handicapping a race, including ratings, speed figures, jockey and trainer form, and even a horse’s running style.
Betting lines
Betting lines are an important part of horse racing betting and can make or break your bets. These figures provide a clear picture of how likely a horse is to win, and how much money you can expect to win from your wager.
These figures are based on many factors, including the track, current form and past performances. They also include the speed rating, type of race and jockey.
Some of these figures are surprisingly accurate and may be quite useful when handicapping a race. It’s always a good idea to cross-reference any stats you find with more detailed information.
It’s also a good idea to check the track’s official website, as they often have direct information regarding the track surface and who the top performers are. In addition, you’ll often find a simulcast handicapper between races, which can be a good source of information.
Parlay bets
Parlay bets are an excellent way to win big by combining multiple winning wagers into one. These wagers are a popular choice among sports bettors because they can pay out big prizes when the wagers are correctly selected.
When betting on horse racing, there are many different types of parlays that you can place. These include win, place, and show parlays.
There are also exotic parlays such as Exactas, Quinellas, Trifectas, and Superfectas. These are popular bets that allow you to pick the finishing order of several horses in a race.
If you are new to betting on horse racing, it is a good idea to start with a simple win, place, or show parlay. These are easier to understand and offer a lower risk than more complicated wagers.
Boxing bets
Boxing is a popular form of sports betting, and there are several different bets that can be placed. These include bets on how many rounds a fight will go, which fighter will win, and whether the match will end by knockout or decision.
In order to be successful in boxing, you must understand the rules and betting strategies specific to the sport. This can be difficult, especially if you’re new to the sport or don’t know much about it.
You can place bets on boxing events at online and land-based sportsbooks. These sites offer a wide variety of betting options, including moneylines and live wagers. They also support a variety of banking methods, including credit cards and Bitcoin.
Odds
Horse racing odds can be confusing to people who are new to the sport. However, learning how to read and understand odds is not only easy but also can help you make better bets and increase your profits.
Odds are displayed at the track on a tote board or on the betting ticket online and tell you how much you’ll win for every dollar you bet. For example, if you bet on a horse with 3-5 odds, you’ll win $3 for every $5 you bet.
Parimutuel odds fluctuate based on how many people are betting on a race. They usually change before the race starts, so you need to be sure that you have the latest odds available.
The most common types of odds are decimal and fractional, which show you how much you’ll win for every $1 you bet. Fractional odds are more traditional and are displayed as 4/1, while decimal odds represent how much you could win if the horse wins.
Free Indian Horse Racing Tips
One of the best things about India horse racing is that it’s completely legitimate and regulated by the government. It’s also a great way to win real money. There are many things you should know before placing a wager on Indian horse racing. Read the pre-match stats, know the jockey, and check out the weather report before the race.
Live betting
Live betting is an exciting and unique way to wager on sporting events. It allows you to place wagers on major horse races as they are taking place.
Live odds are constantly changing as they reflect the action on the field. They are a great tool for savvy bettors who know the game well and can capitalize on their knowledge of trends.
However, it’s important to understand that live betting isn’t for everyone. It can be addictive and may lead to problem gambling if you lose your nerve and start chasing losses.
It’s also important to choose low-scoring or slower-paced sports. This will allow you to place reasonable wagers and keep your bankroll in check.
Odds boosts
Odds boosts are a great way to get more value out of your bets, and can also help you win a little extra money. They work by removing the house edge or vig that is built into every bet. This increases the odds to the bettor, which can result in a significant increase in winnings.
Some of the most popular and well-known horse racing betting sites offer odds boosts on a regular basis. They are a great way to attract new customers and keep existing ones engaged.
These promos are usually advertised with chat bubbles on a sportsbook’s website so they are easy to spot. They often have wagering requirements attached, such as a minimum bet amount or a certain number of selections in a parlay.
It’s important to shop around before signing up with a sportsbook for an odds boost offer. This will give you the chance to compare boosted odds across multiple sportsbooks and see who’s offering the best deal.
How to Choose Horse Racing Betting App
The number of online bookmakers offering horse racing betting in India is increasing rapidly, and players have a great range of options to choose from. They also offer bonuses and promotions to attract new players.
A good Indian horse racing betting app should be easy to use, offer a wide range of payment methods, and be reliable. It should also have a customer support team that is available to answer questions and help you place bets on horse racing events.
In addition to fixed odds, many horse racing betting sites also offer Tote wagers. Tote betting involves placing a bet on multiple horses, with the potential payout being a larger sum than for fixed odds.
Live streaming
Live streaming is a feature that some online sportsbooks offer, which can be very appealing to horse race bettors. This is because it allows you to watch a race while placing your bets, increasing the thrill of betting on the sport.
The live stream also includes detailed racecards, and analysis from experts to help you to choose your bet. In addition, you can set notifications to be notified about the race right before it starts.
Safety
When choosing a Horse racing betting app in India, it is essential to choose one that is secure and safe to use. All the top bookmakers put their apps through a number of security tests to ensure they are safe for players.
To ensure you have a safe and secure experience while betting on horse racing, bookies undergo a variety of security measures. These include SSL certificates, licenses from reputable licensing bodies and external audit companies like eCOGRA.
Promotions
These can be in the form of free bets, boosted odds, or other incentives. These are always worth looking into, as they can add extra funds to your bankroll without you having to risk any money.
Payment options
The best Horse racing betting app in India should offer a range of payment methods for Indian customers. These should include Paytm, PayPal, Skrill, and Neteller, among others. Choosing an option that offers a fast and safe withdrawal process is a must.
In addition to the payment methods available, you should also look for customer support features on a Horse racing betting app. This will ensure you are able to get help with any queries you may have.
Best Horse Racing Betting App in India
Horse racing betting is one of the most popular forms of online gambling in India. With the right bookmaker app, you can place bets on any race from anywhere in the world. There are many online bookmakers to choose from. However, you should find one that offers the best odds.
| 888Sport | It offers new Indian customers a free bet up to $30 when they sign up and make their first deposit. They also have a huge database of information about trainers and jockeys, which can help you improve your chances of winning bets on horse races. |
| Paddy Power | One of the best options for a horse racing betting app in India. This app has a number of features including horse racing translations, a large database, and many different markets to choose from. |
| Betway | A dedicated horse racing betting app which makes it easy for Indian punters to place their wagers on the go. The company also offers a range of free bets to its customers, which can be claimed by opening a new account. In addition to its mobile-optimised horse racing offering, Betway also has a fantastic casino section for players looking to put their money to good use. Alongside the main sportsbook, Betway also has a number of other casino games, and boasts a variety of bonuses. It’s a worthy winner of the Best Horse Racing betting app award! |
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