How does Horse Betting work? Horse Betting is one of the popular sports betting online bitcoin. Placing a horse racing bet is not as complicated as it looks.
How does Horse Betting work?
When betting on horse racing in the form of variable odds, it is necessary to understand that the odds of each horse change according to the volume of bets invested in it. When opening bets for a given race, horses already have initial odds which is often popular as the morning line. Those are set by the race committee at the racetrack, based on the statistics and history of previous disputes.
The amount that the bettor will win, will be calculating based on the quote.
The odd is the amount paid for each $ 1 wagered in the Winner mode. In horse racing, there are several ways to bet and, unlike the Winner category, in these, you will only be aware of the prize at the end of the race. At the beginning of the race, only projections are made.
Where to play Horse Betting?
If you are looking for a reliable platform where you can play Horse Betting using Bitcoin, we recommend btcslice.com.
Horse racing bets at btcslice.com works with variable odds. Unlike other sports betting sites, where the odds are fix and determined by the house itself, here is different: the game is parimutuel.
In other words, the bettor’s money combines with all bets placed on a particular racetrack. That means prizes that can reach large amounts. Once the commission has been removed from the house, it is the racecourse itself that will make the payment of prizes.
Betting with btcslice.com is very easy. Also, they have included Win, Place, Show, Win and Place and the Across the Board bets. There are also several exotic bets that include Exacta, Superfecta, Trifecta, and Quinella bets.