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Betting On The Horses – Get To Know The Basics

Betting on horse racing is as popular as ever before and the rise of new age betting platforms has made it easier and more fun than ever to place a bet on horse racing.

For those new to horse racing, there are infinite ways to backup your opinions of a race in the form of a bet, but ultimately it boils down to a handful of bet types which, when understood, provide the foundation for punters to tackle any race with confidence.

The most popular bet is the simple single, whereby you place a bet on the horse of your choice either “to win” or “each way“. Win bets mean all of your stake go on the horse to win, while with an each way bet half the stake goes on the horse to be placed and half on the horse to win.

Next up in horse-racing betting are doubles, trebles and 4-folds, which can expand into bigger “multiples” if you wish. These are popular bets for those wishing to win big for a small stake. If one horse lets you down, the game is up! But should they all win, you'll be quids in. It is worth noting that each way doubles and trebles are also very popular and actually quite a savvy bet in the shorter price ranges.

“Exotic” bets are hugely exciting and provide added insurance that accumulators do not. A Lucky 15 for example is a four horse bet consisting of singles, doubles, trebles and a 4-fold, amounting to a total of 15 bets.  So if two of your your horses win, you'll get paid out on the singles and doubles to ensure some return on investment. A Lucky 31 is similar but with six horses and another good one for the more adventurous is in the 147 bet, eight horse “Goliath” bet.

Another basic type of racing bet is the humble forecast & tricast, where punters attempt to predict the first two or first three horses to finish a race. These bets too offer high reward for relatively small stakes, but of course they are much trickier to predict!

Lastly and also very popular, particularly on racecourses, is Tote Placepots and Jackpots. Punters are required to pick a horse or a permutation of horses in up to six races on a particular race card, in search of winning a tasty return if all the horses are involved in the finish.

Of course in horse racing there's also a huge variety of special markets and bet type for you to explore, but master these basics first and build your portfolio of markets to get involved in from there.

Betting on Esports – The New Thing?

Until not so long ago hardly anyone believed that video games will be considered sports and soon after they were labelled as Esports, many thought that the name was inappropriate. However, things changed quickly and know a lot more people takes gaming and Esports seriously and Esports tournaments have attracted the attention of mainstream media. Not only that the number of people who are playing Esports professionally is rising, but there’s also a growing interest amongst fans to watch Esports competitions and tournaments. Some Esports events take place in large arenas in front of live audiences and more often than not the venues are sold out and quite full on the day the events are held. Moreover, the prizes for winning certain Esports events often exceed $1 million.

The rising popularity of Esports

Studies conducted last year showed that more than 100 million people watch Esports games and tournaments on a monthly basis. It is predicted that this number will reach 145 million by 2017. Some events, like The International, which is the top Esports competitive event, draw over 8 million people simultaneously which is equal to the number of people who watch the finals of the Stanley Cup.

The number of tournaments also saw a rapid growth. There were only 27 tournaments in total in 2000 and the number pretty much remained the same in the following two years. By 2005 the number exceeded 230 and it nearly reached 2,000 in 2014. About a decade ago, only up to few thousand people watched amateur Esports competitions. But, back in 2013, the Riot Games’ League of Legends championship was seen by 32 million people, most of them via online streaming services. More people viewed the LoL championship than the NBA Finals and World Series in 2014 together.

The prize amounts grew as well and nowadays successful Esports competitors are young millionaires, as opposed to 10 years ago when they were mere amateurs. On the brink of the new century just about half a million dollars of prize money was awarded to players who competed in 27 different tournaments. 15 years later the available funds exceeded $40 and the trend is likely to continue. Not to mention that many Esports players and teams sign multi-million sponsorship deals.

Many Esports-men and women gained prominence and were featured in some of the leading traditional and online media and the US State Department nowadays grants visa to gamers as part of the same programme as players who compete in conventional sports. Top universities give scholarships to professional gamers. Esports competitions are even broadcasted by leading television networks like ESPN.

Esports betting

There’s another feature of Esports which shows their connection to conventional sports. Namely, people nowadays bet on Esports and it is becoming increasingly popular. Bearing in mind that a lot of people know watch Esports and that prizes for the winners are pretty high, it is hardly surprising that there’s a growing number of fans who became Esports punters.

Online sports betting operators were quick to realise the potential of Esports and Esport betting and nowadays there practically isn’t a reliable sports betting operator that doesn’t offer betting on Esports. It is possible to place wager on a large number of games of different Esports competitions, including Dota 2, League of Legends, Counter Strike and StarCraft 2 tournaments, as well as several other games.

Last year it was reported that there is a huge surge in the amounts of money that punters stake on Esports games. In fact, a marketing director of one of the leading online bookmakers stated that Esports competitions are often among the top 10 events in terms of betting turnover. In addition to the increase in the number of total bets, the number of four-digit bets on Esports is also increased.

Sports betting operators hire analysts and experts which help them provide more realistic and more competitive quotes on Esports. Punters are quite happy about the fact that are more than few operators which offer Esports betting as more competition almost certainly drives the odds up and allows punters to ‘shop’ for better odds online.