bitcoin horse racing betting site
When you talk about gambling, most people will think you’re talking about slots or poker. However, the first slot machines were not introduced until 1963. The origins of horse racing betting can be traced back to the 1600s to 1800s, but some even say it dates back to the Greek Olympics in 700 BC.
The point is that horse racing, and therefore horse racing betting, has been around for many years. This sport not only brings entertainment but is also a way to make a profit. With the introduction of the internet and cryptocurrency, horse racing betting has become much more accessible, exciting, and profitable.
In this article, you will learn about horse racing betting, the best Bitcoin horse racing betting sites, and what you need to know to get started. So let’s saddle up and dive into it.
Best Bitcoin Betting Sites for Horse Racing
BC.Game is your one-stop shop for all kinds of cryptocurrency horse racing betting options. Whether you want to bet on Bitcoin or one of the hundreds of other payment options they offer, you are spoiled for choice when it comes to cryptocurrencies.
Beneficial betting options allow both beginners and veterans to get the most out of their horse racing betting experience. The platform offers coverage of races in the UK, Ireland, Mexico, Chile, Australia, Paraguay, the US and more.
Players also have access to thousands of games, sportsbook, daily free spins faucet, quests, and more.
Visit BC.Game
Nitrobetting is well-known in the cryptocurrency industry as one of the best sports betting providers, but you might not have known just how special Nitrobetting’s Bitcoin horse racing betting site is.
Nitrobetting offers a variety of thoroughbred betting events from around the world. Want to bet on US events? Or are you more interested in the Canadian league? Have you ever tried horse racing betting in South Africa? Nitrobetting includes everything, as well as other events such as “Harness”.
Visit Nitrobetting
Another leading sportsbook, 1xBit offers one of the most impressive selections of horse racing betting products worldwide. Players can access and bet on races taking place in Argentina, South Africa, Australia, Brazil, Canada, France, Ireland, Turkey, and more. 1xBit has so many interesting events and betting options.
In addition to excellent horse racing betting sites, players can also take advantage of other sportsbook options, casino games, great bonuses, and more.
Visit 1xBit
But there’s more. The gambling platforms above are the ones we can recommend the most, but there are tons of amazing Bitcoin horse racing betting sites that you can try out for yourself. It’s all about choosing the perfect cryptocurrency casino for you. Check out the cryptocurrency horse racing betting sites below.
Benefits of betting on horse racing using Bitcoin
Again, horse racing betting has a history that goes back hundreds, if not thousands, of years, but the rise of the Internet and, more importantly, Bitcoin provided a safer and more accessible foundation for it to grow.
It is because of the amazing benefits of Bitcoin and cryptocurrency gambling that many players are turning their attention to the track.
So why should you choose Bitcoin for horse racing betting?
- anonymous
- security
- low transaction fees
- Global accessibility
- fast transaction speed
It is for these reasons and more that cryptocurrency casinos have outlived the so-called “hype” and cryptocurrency gambling operations have lasted over a decade.
So, if you like horse racing betting, you should bet on Bitcoin horse racing.
Understanding Horse Racing Odds
Before you start betting on Bitcoin on horse races, it is important to understand how the odds work so that you can benefit the most from your wins.
The three common types of odds you may encounter when betting on Bitcoin horse racing are:
- Fractional Probability: This is often used in the UK and Ireland. For example, if the odds are 5/1 and your bet is successful, you will receive $5 for every $1 you bet.
- Decimal Probability: Decimal odds, common in Europe and Australia, show the total payout including the original stake. Odds of 6.00 mean that for every dollar you bet, you will win $6.
- Moneyline Odds: Popular in the United States, these odds show how much you need to bet to win $100. For example, +300 means you will win $300 for a $100 bet, and -200 means you need to bet $200 to win $100.
Tips for Successful Bitcoin Horse Racing Betting
If you want to turn your Bitcoin bets into winning horse racing tickets, you’ve come to the right place. It takes more than luck, so to increase your chances of winning and make an informed choice, we recommend the following:
- research: Take the time to study the horse, rider and track conditions. When it comes to betting, knowledge is your best ally.
- Money Management: Set a budget and stick to it. Never bet more than you can afford to lose.
- Diversify your bets: Don’t invest all your Bitcoin in one horse. Spread your bets across a variety of races and options.
- Stay informed: Stay tuned for horse racing news and updates. Up-to-date information may affect the outcome of a race.
- Emotion Management: Betting can be emotional. Stay calm and don’t chase losses. Stick to your strategy.
Have you tried virtual horse racing?
Maybe you don’t like the idea of actual horse racing. For whatever reason, it might be a good idea to try your luck with virtual horse racing. But what is virtual horse racing?
Virtual horse racing is a computer-generated simulation of a real horse racing event. In these virtual races, computer algorithms and random number generators determine the outcome of the race, much like how slot machines or online casino games work. Virtual horse racing mimics the excitement and unpredictability of real horse racing with detailed graphics and commentary that make you feel like you’re watching a real horse race. And just like in real racing, you can bet to predict the right outcome and win big.
The Wild West of Bitcoin Horse Racing
There you will find almost everything you need to know about Bitcoin horse racing betting sites, how they work, and where to start.
Whether you want to bet on an unpredictable new stallion or put all your money on an old gal with years of experience, your bets are safe in the hands of Bitcoin horse racing betting sites. These platforms provide coverage of events and races from around the world. From the US to South Africa and back to France.
The world of horse racing is more accessible than ever, and we can reap the benefits thanks to Bitcoin’s global accessibility. Now, you’re not ready to hit the track yet. We hope you and your favorite picks have the best of luck in the race.