Top Choice for Horse Racing Online
It’s quite easy to sign up to an online betting exchange in Australia like Betfair or betting exchange, to place your bets in horse race betting. However, you might wonder why you should choose one over another? The answer is simple: convenience. Why would you want to travel all the way across the country just to make a simple bet on horse racing? Online betting exchanges give you the same opportunity with less hassle free. In fact, if you’ve never gambled online before, it can be quite intimidating!
For those who are new to the world of betting exchanges, an introduction would be necessary to fully comprehend the process. Horse racing is a very popular sport in Australia, second only to rugby. With an estimated value of over A$70 million per year, it is not a surprise that there are so many people betting online. The different types of online betting sites are fixed odds, parlays, PLC, and eBooks.
Fixed odds are the most popular online type. These sites offer a very similar experience to conventional bookmakers by determining the odds based on the form of the race. The big difference, however, is that instead of running a certain number of bets, the value of each bet is set at a pre-determined price. Therefore, if the horses that are being raced meet the pre-determined minimum amount, then the bet is a ‘win’ and no matter how many people bet on that horse, the winnings will be evenly distributed.
Parlays are another common type of online betting exchange. These betting sites feature multiple races in different venues throughout the country, with varying start times and end times. The point of these sites is to offer a better chance at profitability, especially in the Melbourne cup due to the large number of races. However, this type of site has fewer regular customers, so it usually charges a higher interest rate.
PLC or pay-to-play websites offer the cheapest online betting exchange. They provide an interface for players to make bets without a monthly fee. Unlike most other bookmakers, however, bookies participating in the Melbourne cup Racestream pay a fee to participate. If you choose to place a bet using their system, you must also pay this fee, which can sometimes be up to 50% or more. On the other hand, many customers enjoy the poker-style games offered by play money bookies like bet 365 and bet Capital.
Finally, the eBooks and pints of the Betfair gambling website have turned into something of a phenomenon. These websites enable punters across the world to place bets using the DrF technology. The DrF system, which is similar to the data system used by the US Department of Defense, enables punters to input currency based on their own risk/reward levels. This means that drf punters can win big by betting on slow moving, high odds horses.
Online racing sites are becoming more popular with each passing day. They offer gamblers all kinds of options to choose from, ranging from playing in one of the many virtual betting pools or placing a bet on live events. On the other hand, some people prefer to place their bets in real life. If you want to do so, there are literally hundreds of tracks to choose from, each with their own exciting racing program. In addition to that, bettors can now also use their credit cards and debit cards to make their online betting purchases, which is highly convenient.
Overall, however, the leading betting website in the UK is Betfair. It has been a top choice for people who are looking to place bets on horse racing in the UK for a very long time. Although there are certainly others that have also come onto the scene over the last few years, such as Ladbrokes and Interval International, none of these sites have been able to take the kind of volume of bets that the Betfair site has been putting out since it began. And when you consider the quality of racing that they offer, they have clearly come up trumps.