BETS ON RACING

START BETTING ON A HORSE THROUGH US, YOU DISCOVER YOUR FAVORITE SPORT IN A COMPLETELY NEW WAY!

One thing is clear: betting on horse racing at bookmakers https://www.2oceansvibe.com/2021/09/16/tab-online-review-2021-sports-betting-horseracing/ is a very popular pastime. Many horse racing fans rely on their loved one, the rider, for fun and pleasure, but others have built a financial foothold in a sector that has continued to grow in recent years - and now you're sure to be keenly interested in how it works! Well, it's very simple: bet on these races. Sounds simple, but it's in itself!

RUNNING HISTORY

Horse racing is one of the oldest and most organized sports, and when it comes to horse betting, the process goes back a long way. In the past, it was already common practice to bet several thalers on the strongest and fastest horse in such races, and at that time there was also reason to conceive this as a kind of selection selection, and thus the best horse was used as genetic material in such races.

HORSE RACING AND INTERNET GROWTH

However, this age old leisure activity is still very popular today, not least because of the various betting options. And this is still relevant today, because you can conveniently place bets directly at the racetrack, online on the World Wide Web or in front of the TV, and thus, of course, have a large number of different participation options.

In addition, there is currently a noticeable trend towards so-called Live Betting, which is not very commonly used in horse racing but may only appear for a long time. As a result, among all the other options, you have the opportunity to really actively participate in the race itself and place bets on various options during the race.

HORSE RACING LEGISLATION

But before we dive into actual horse racing betting at this stage, we would of course like to clarify whether such horse racing bets are actually legal, because safety is definitely a top priority. Previously, such bets passed what is called a performance test and were therefore considered legal.

However, this legitimacy only concerned the rates of the horse racing from the providers, so that you could easily place bets on different racetracks and thus give the horse racing special interest. And it was definitely a breakout for that market!

However, due to the rapid development of the Internet for some time, you have also had the convenience of placing your horse racing bets on online platforms. With online horse racing betting like this, customers had the opportunity to bet on horse racing from the comfort of their couch and thus save time on the trip to the racetrack and simply follow the horse racing live.

However, from the point of view of the state, this step was not easy, as a large number of online horse betting providers are licensed abroad, and it has become very difficult for bookmakers to collect tax on horse racing bets. However, since 2012, a modified version of the State Treaty on Gambling has been introduced, which includes a new tax on bets.

Thanks to the decrease from 16.66% to 5%, providers no longer have any tax benefits over foreign horse racing providers, which means that such horse racing bets can now be considered legal.

HOW IT WORKS?

And what about yours - fortunately, completely legal! - To be able to place your bets on the races correctly, of course, you must first get a general overview before each race, and also consider the odds of your favorite horse - and don't forget the rider! Often, before starting, you will find a so-called racing map from many suppliers, which provides basic information about each race, such as an overview of the horse and rider's winnings, the types of bets offered and other additional information.

You need this information to be able to bet carefully. After viewing all the information you need, you can easily place your bet online. With these online bets, you will see a status display next to each race - “open” bets can still be placed until the display shows “started”, which also indicates the actual start of the respective race.

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