This Hollywoodbets horse racing article is designed to help you find out everything you need to know about betting on horse racing. Once you have used a Hollywoodbets promo code to sign up for a new account, you can explore the markets.
How to Play Hollywoodbets Horse Racing?
Horse racing is one of the oldest sports in the world to wager on. There may be other sports that are more popular these days, but betting on horse racing is well-loved and at the heart of every online betting site.
Hollywoodbets customer account holders can bet on races from all over the world with the most competitive odds. There is plenty of information on the Hollywoodbets blog to keep you up-to-date with all the latest tips.
You can choose betting options for every race, and the site is very user-friendly. So even novices can understand how to place their bets easily. See below for a detailed breakdown of the main betting types.
For each race, you will be presented with the odds of every individual horse. This is effectively the chance the horse has to win. It can be in decimal or fraction form. If a horse is listed at 8.00, it means that you will receive R8 in winnings for every R1 staked. This horse will bring in R80.
Horse Racing Events
Although you can bet on just about every race from across the world at Hollywoodbets, there are some significant events to watch out for. The Durban July Handicap is one in South Africa – but there is also the Grand National in the UK and the Kentucky Derby in the US. These races attract a lot of attention and always bring out a lot of interested bettors.
How to Bet on Hollywoodbets Horse Racing?
When you explore the Hollywoodbets horse racing section, you will quickly see a selection of bets for each race. Read on to find out how the main options work.
This is where you bet on a horse to win a race. The odds are fixed, so you know exactly how much your winning returns will be if your prediction is correct.
Similar to fixed winner, but instead of predicting a winner, your horse just needs to place in the first three spots. This may be extended to the first four for larger races.
Here you are predicting the winner of the race again. But it is a bet with the Tote, who announces a dividend pool amount after the race has begun.
This is the same type of bet as above – but for a place finish.
SP stands for starting price, and it is the horse’s odds at the beginning of the race. It can go up and down before then and is the opposite of a fixed odds selection.
There is also a range of other bets that ask you to correctly place a certain number of horses in a race – or across several races.
Placing a bet at Hollywoodbets is very simple. It doesn’t take long, and you can look forward to shouting your horse home once the race begins. Here is a quick step-by-step guide.
- Make sure you have registered for a customer account and are logged in.
- Head to the horse racing section.
- Click on a country – then a meeting – then a race.
- You will see the list of horses with their odds shown.
- Select the type of bet you want to place from the drop-down menu.
- Then click on the horse you wish to back.
- Your selection will be added to a bet slip where you can decide on your stake.
- If you are happy with your selection, confirm and wait for the race!
Hollywoodbets Horse Racing Promotions
There are always a number of promotions and offers available for Hollywoodbets horse racing customers. You should check the promotions page on a regular basis as new ones are constantly launching. Here are a few of the most popular bonuses.
Hollywoodbets customer account holders have the chance to win a share of R10,000 from every meeting. Punters earn points for where the horses finish, and the winners receive prizes.
Irish Objection Promotion
An Irish objection is when a horse wins a race, but there is an objection that hands the victory to another runner. This promotion refunds your stake if your horse’s win is taken away by this procedure.
With so many big races and meetings all over the world, Hollywoodbets regularly offers event-specific promotions. One example is the Durban July Handicap, one of the most prestigious races in the South African calendar. It is a good idea to check the promotions page around the time of any big global race to see what is on offer.
Hollywoodbets Horse Racing Tips
Nothing is guaranteed when it comes to betting on horse races. But it is exciting, and there are a few things that you should consider before making your selection.
Check the Weather
Some horses prefer racing when it is dry – and some prefer a heavier course. You should check what the weather is like at a racecourse before placing your bet, as you could find some good value odds.
Bet on Riders as Well as Runners
Although you are betting on the horses, it is essential to consider the jockeys. The top riders tend to win more races, so they should have a big say in which horse you back.
With every race meeting, you are given a lot of statistics to inform your bets. It gives you a lot of running history about each horse and can really help when making your selections. There is a shorthand code for a lot of the information, so make sure you understand that before using it to bet.