<p>With Spring Carnival on the horizon, there’s never been a better time to get acquainted with the ins and outs of betting on horse racing. Below is our step by step guide to betting on horse races followed by an explanation of all the different betting markets available.</p> <p>&nbsp;</p> <h2>How to Bet on Horse Racing Steps</h2> <p>&nbsp;</p> <p><strong>Step 1:</strong> Browse the different races on offer depending on the time of year.</p> <p><strong>Step 2:</strong> Select your race(s) and browse the different runners and bet types that are available for it.&nbsp;</p> <p><strong>Step 3: </strong>Select your runner(s) and bet type(s) you wish to wager on.</p> <p><strong>Step 4: </strong>Choose your stake and confirm your bet.</p> <p>&nbsp;</p> <p>Horse racing and wagering are intrinsic to one another. They’ve gone hand in hand for as long as horses have been running around a track and knowing how to bet on horses is a must for the modern punter.</p> <p>You may have asked yourself how do I bet on horses, what is a place bet on horses or even what is a quaddie?&nbsp;</p> <p>Never fear this horse racing betting guide is ideal for beginners getting started in the world of racing. So, saddle up and get ready to race, our How to Bet on Horses – a Horse Racing Betting Guide is below.</p> <p>&nbsp;</p> <h2>How to Pick Horses to Bet on?</h2> <p><strong>&nbsp;</strong></p> <p>One of the hallmarks of a seasoned punter is the ability to pick good horses to bet on. Picking the right horse is easier said than done and believe it or not sometimes there is more to a quality horse than just a <a href="https://www.sportsbet.com.au/huddle/horse-racing/news/funniest-racehorse-names">funny name</a>.</p> <p>Here are five simple things to consider when selecting your next runner to back:</p> <p><strong>&nbsp;</strong></p> <h3>Horse Racing Form Explained</h3> <p>First and foremost, always consider the form of the horse you want to back. Form is essentially how the horse has performed in the previous races it has run.</p> <p>Most racing enthusiasts have a form guide to keep track of well performing horses. You can rarely go wrong backing a horse in form.</p> <p><strong>&nbsp;</strong></p> <h3>What the Horse Racing Experts Say</h3> <p>When in doubt, listen to the experts. Here at Sportsbet we offer free expert tips for most races.</p> <p>These can be found on the betting page of specific races on the Sportsbet app and website or at our <a href="https://www.sportsbet.com.au/racing-tips">Expert Tips home</a>.</p> <p>You can also view <a href="https://www.sportsbet.com.au/huddle/horse-racing/tips">expert racing tips and predictions </a>right here on The Huddle.</p> <p><strong>&nbsp;</strong></p> <h3>Horse Racing Odds Explained</h3> <p>As with all the sports, the odds are always a good indication of who is set to do well.</p> <p>Experienced racing aficionados know how to look for upside in a roughie, but if a horse has a short price, it’s usually for a very good reason.</p> <p><strong>&nbsp;</strong></p> <h3>Consider What Track They're Racing At</h3> <p>Another thing to consider is the track your horse will be running on. The condition and length of a track are key factors in selecting a horse to bet on.</p> <p>A horse’s form under certain conditions and over certain distances can drastically affect the outcome of the race and should be investigated before jumping on a certain steed.</p> <p>When considering which track is being raced at it is essential to get your information from a trusted source. That’s why the team here at Sportsbet have developed an in-depth <a href="https://www.sportsbet.com.au/huddle/horse-racing/news/australian-race-tracks">guide to Australian Race Tracks found here</a>.</p> <p><strong>&nbsp;</strong></p> <h3>Take Note Of Who The Horse Trainer Is</h3> <p>Last but not least, who trained the horse? The proof is in the pudding, with successful horse trainers dominating race events year round. That’s why knowing the successful horse trainers is essential when considering how to bet on horse racing. This is often overlooked by beginners, but the reality is <a href="https://www.sportsbet.com.au/huddle/horse-racing/news/most-successful-horse-racing-trainers">some trainers are better than others</a>.</p> <p><strong>&nbsp;</strong></p> <h2>What Markets Can You Bet on in Horse Racing?</h2> <p><strong>&nbsp;</strong></p> <p>Horse Racing is one of the most popular sports amongst punters, that’s why we offer a large and diverse number of racing markets to Sportsbet patrons.</p> <p>From the more obvious markets like which horse will win to the obscure ones that only the seasoned veterans (and now you) know about such as the quaddie or trifecta, Sportsbet has a market to cater for everyone.</p> <p>However there are too many to list all of them here, so we’ve just provided you with some of the most popular.</p> <p>To see every single market available for Horse Racing, simply go to the Sportsbet website or app, select the Horse Racing tab and browse at your own leisure.</p> <p>If you want to find out more then view our live odds for <a href="https://www.sportsbet.com.au/racing-schedule">Horse Racing here</a>.</p> <p><strong>&nbsp;</strong></p> <h3>Betting on Which Horse Will Win (To Win)</h3> <p>Pick the horse you think will win the race – simple.</p> <p><strong>&nbsp;</strong></p> <h3>Betting on Who the Top Three Will be (To Place)</h3> <p>Pick a horse to finish either 1st, 2nd, or 3rd. This is known as placing.</p> <p><strong>&nbsp;</strong></p> <h3>Horse Each Way Bet</h3> <p>A combination of to win and to place. Half of the wager is placed on the horse to win and half is put on it to place. An Each Way bet is effectively a way of hedging your bets on a specific horse. For more information read our <a href="https://www.sportsbet.com.au/huddle/punter-iq/guide/each-way-bet">What is an Each Way Bet</a> Punter IQ guide.</p> <p><strong>&nbsp;</strong></p> <h3>Betting on Which Horses Make the Trifecta</h3> <p>A standard Trifecta is where you select the runners that will finish 1st, 2nd, and 3rd in the correct order. For more information on Trifectas check out our <a href="https://www.sportsbet.com.au/huddle/punter-iq/guide/what-is-a-trifecta">What is a Trifecta</a> Punter IQ guide.</p> <p><strong>&nbsp;</strong></p> <h3>Betting on Which Horses Make the Exacta</h3> <p>Like a Trifecta except minus one. An Exacta is a bet type that warrants you to successfully pick the horses that will finish 1st and 2nd in the correct order. Want to know more? Read our <a href="https://www.sportsbet.com.au/huddle/punter-iq/guide/what-is-an-exacta-bet">What is an Exacta Bet</a> Punter IQ guide.</p> <p><strong>&nbsp;</strong></p> <h3>Betting on Which Horse&nbsp;Places in the First 4</h3> <p>Again, similar to a Trifecta, except plus one this time. A First 4 wager requires a punter to select the first four finishers of a race in the correct order. Read up further on Fast 4s with our <a href="https://www.sportsbet.com.au/huddle/punter-iq/guide/what-is-a-first-4">What is a First 4</a> Punter IQ guide.</p> <p><strong>&nbsp;</strong></p> <h3>Placing a Quinella Bet for Horse Races</h3> <p>Effectively an easier version of an Exacta. To land a successful Quinella you must select the two horses that run first and second, but in any order. What to learn more? Read our <a href="https://www.sportsbet.com.au/huddle/punter-iq/guide/what-is-a-quinella">What is a Quinella</a> Punter IQ guide.</p> <p><strong>&nbsp;</strong></p> <h3>Placing a Quaddie Bet for Horse Races</h3> <p>One of the more challenging exotic bet types, the fabled Quaddie is where you have to correctly choose the winner of four consecutive races. Our <a href="https://www.sportsbet.com.au/huddle/punter-iq/guide/what-is-a-quaddie">What is a Quaddie</a> Punter IQ guide will shed more light on the matter.</p> <p><strong>&nbsp;</strong></p> <h3>Placing a Treble Bet for Horse Races</h3> <p>A Treble is a very straightforward exotic bet type. To successfully land one, you have to pick the winning horse in three separate races.</p> <p><strong>&nbsp;</strong></p> <h3>Placing a Super 6 Bet for Horse Races</h3> <p>This big one. Pick the winner in six consecutive races and you’ll find yourself the winner of a Super 6.</p>