Sportsbet Racing – Understanding the Risks and Rewards

Sportsbet racing is a great way to get involved in the thrill of horse races. With a wide range of betting options and super fast deposits and payouts, it’s easy to make horse race wagers online. However, it’s important to understand the risks and rewards of placing a bet. This article will help you to make informed decisions about how to place a bet and avoid potential losses.

When determining which horse to bet on, it’s helpful to study a thoroughbred’s recent performance record, past results on different track conditions, and jockey and trainer performance. These factors can help you to assess the odds on offer and find the best value for your wager. Line shopping is also an effective strategy when betting on horse races. Different bookmakers may offer different odds on a horse, and finding the best odds can significantly increase your potential returns.

While it takes time for the totalisator pool to register after the gates open, and for bets to be placed before the race begins, there is some volatility in the odds that will inevitably occur as the race progresses. The resulting odds shift can make it difficult for bettors to evaluate the value of a horse they had expected to win. This was evident recently when a number of bets were placed on Keeneland’s Race 6 (2022). The winning bets on that race paid out at odds of 7-2, but the original odds of the horses were 1-1.

If you’re a keen horse fan, you can place bets on Australian Thoroughbred racing events from the comfort of your own home, or on the go with our mobile app. Sportsbet offers fixed odds betting on all major horse races as well as most AFL, rugby league and international soccer matches. Looking More sportsbet racing

Members have access to a live or near live digital feed of Victorian thoroughbred industry race coverage (‘Live Feed’) when they are logged into their Account and within Australia. Live Feed is available for Members who are 18 years or over, unless otherwise stated.

In accordance with NTRC Licence Conditions, Sportsbet has a separate bank account to hold funds corresponding to each Member’s bets. These are monitored by NTRC to ensure compliance.

Sportsbet may cancel bets if it reasonably suspects that a Member or associate of a Member has manipulated a state tote pool (including, but not limited to, the removal of bets from a tote pool after the official result is announced). This includes bets made on races where a winner has been disqualified.

In addition, Sportsbet reserves the right to suspend or close a Member’s Account where it reasonably believes that the Member is engaging in one or more of the following activities:

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