Horse Race Betting In India – The Online Indian Race Satta Guide
Horse racing in India has been a popular sport for more than two centuries. One of the first racetracks was set up in Madras, where the sport is still massively popular today. India’s horse race industry has nine racecourses, managed by six Indian horse racing authorities. There are tons of online horse race betting markets available across sportsbooks.
Horse racing satta is very popular across India where sports bettors place wagers on their horses of choice at their favourite racetracks. With conventional bookmakers and pool betting, horse racing is one of the most popular betting sports in India.
Across the country, state governments have put horse race wagers in the 28% GST tax category. However, there’s no need to worry as there are many popular betting sites where you can easily place your bets without taxes or fees.
Horse racing has now resumed in India after all the racetracks were shut down due to the rise in COVID-19 cases.
Best Online Horse Race Betting Sites In India
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Bet365 is the best bookmaker for online horse race betting in India. You can bet on Indian horse races at home, in addition to international horse races held in the U.K., Ireland, U.S., and elsewhere. You can also bet on horse races at Mumbai, Hyderabad, Calcutta, Delhi, Mysore, Madras, and more. There is a huge value for Indian horse racing bettors, so place your bets and watch the races today.
Indian race tracks appear if there is a race scheduled for that particular date. For example, you can only bet on Mysore race odds when they are scheduled, so keep an eye on the track calendars.
Bet365 offers betting markets for horse racing and equestrian, and also offers easy deposit and currency options for Indians. Apart from Bet365, you can also go with Betway, which is another extremely reliable betting site for Indian horse racing events. Paripesa also offers a wide range of satta options on horse racing in India.
Check out our guide for more accurate info on any featured event on live horse betting.
How to bet on horse racing in India?
Betting on horse racing events is quite easy. You can follow these three simple steps to do so:
1. Make sure you have an account on a betting site.
2. Choose ‘Horse Racing’ on the menu.
3. Go through horse racing betting odds for the various events and place your bets accordingly.
Best Tracks For Online Horse Race Betting In India
Horse Racing in India has now resumed after a long hiatus amid the COVID-19 pandemic. With Indian horse racing back up and running, here are some of the best tracks for online horse race betting in India:
- Bangalore Turf Club
- Mysore Race Club
- Madras Race Club
- Delhi Race Club
- Royal Calcutta Turf Club
- Hyderabad Race Club
- Royal Western India Turf Club
Online Horse Race Betting Tips: Pools Betting vs. Fixed Odds
The totalisator, or Tote, is a computerized form of pool betting. It totals all of the wagers made in a given race or combo of races, deducts taxes and fees, and divides the proceeds among the winners as their dividend or payout.
In this sense, the odds offered are “variable”. Before wagering closes and the race begins, the odds will move up or down, depending on how many wagers are made and at what value. At any given moment, a Tote board (computerized display) shows the current price (odds).
Each Club accepts bets at the hundreds of automated Tote booths set up at the racecourses. You can also wager by going to a manned Tote window, and buying a cash voucher from a Tote Service Outlet. You can also call over the Tote’s trackside roving operator who carries a hand-held computer. Some of the clubs also operate off-course centres showing televised races. You can place Tote wagers there. No matter the facility, all of the Tote bets made become part of the same shared pool.
Bookmakers, on the other hand, tend to offer “fixed odds” that pay at a specified rate if the wager succeeds. An example would be picking a horse to win at 5/1 odds. Every Rupee wagered will then win five if the bet succeeds. This way, the bettor receives a fixed price on a bet no matter the subsequent rising or falling odds. It is one of the most exciting races to watch when it comes to horse racing.
Which Is Better: Fixed Horse Racing Odds Or Tote?
Either horse betting method involves some risk. A pools wager on the Tote at 5/1 might be worth only 4/1 or 3/1 by the time all of the bets are in. Or, a fixed wager at 5/1 will never deliver more than 5/1. Even if the odds then go up to 6/1 or 7/1 before the betting closes. For this reason, some bookmakers offer a “starting price” or so-called “SP odds”. The contract is for what the odds are when the betting closes. This is often quite close to the Tote odds.
Of course, clubs compete with bookmakers for customers’ wagers. Therefore, incentives exist to induce more Tote betting. “Fixed Tote odds” “are foremost among these. In other words, bettors now have the choice to bet at fixed odds with the Tote as a “computerized bookmaker”. The winning amount is paid at odds set at the time of the wager and printed on the ticket.
Lesser Government Taxes On Tote bets
Another form of incentive given by clubs is the so-called “bumper prize”. This is a reward in addition to the dividend paid for a winning Jackpot or Super Jackpot. For instance, the RWITC recently offered a Mercedes on Indian Derby Day.
Choosing whether to wager with the Tote or the bookmakers should take the cost of making a bet into account. As noted in the section above, most Tote bets start at Rs 10. They can be as little as Rs 2. Bookmakers, on the other hand, tend to require bets of at least Rs 50. What’s more, government taxes charged for Tote bets are often half as much as those applied to bookmakers’ tickets.
India Horse Racing Payout Rules
Lastly, it is the task of the bettor to know the Indian horse racing betting payout rules. If a horse withdraws prior to the race or there is a disqualification, it can greatly affect the outcome and the India horse race odds. Moreover, knowing what measures are in place for dead heat payoffs is important too. As a result, this will help to avoid any nasty surprises at the pay window.
Brief History Of Indian Race Betting
In 1996, the Indian Supreme Court ruled that horse racing betting is a game of skill, not just luck. Since this ruling, Indian horse racing has surged in popularity.
Today, there are six Turf Authorities of India. These race clubs organize Indian race events at nine racecourses found around the country, complete with their own pari-mutuel wagering stations and trackside bookmakers. There are also many off-course and inter-track betting centers in most states. All offer live TV coverage of the contests and accept bets over the counter.
Horse racing betting is a legal and regulated industry. There are many opportunities for Indians to bet on international horse races online as well like Kentucky Derby, The Breeders’ Cup, Dubai World Cup, and others. You can place your bets on these events on the best betting sites in India.
Today’s Online Horse Race Satta
To help place your bets, we cover online horse race betting previews & give tips alongside. The Turf Authorities of India guard their hard-won right to offer pari-mutuel betting at their racecourses and off-course centres. They tolerate sports betting sites.
Bettors, however, have broader rights. Putting money down on horses is a skill, and is therefore not subject to gambling laws. Likewise, to the best of our knowledge, there are no laws stopping people from placing horse racing bets with online wagering sites based abroad. From Hyderabad to America’s Kentucky Derby to England’s St. Leger Stakes and even the Japan Cup, there are many events for Indians to bet on their favorite sport via the web.
Famous Indian Horse Racing Events
Indian horse race has a huge fanbase and there are many types of horse racing events, like the Indian Derby, Indian 1000, 1000 Guineas, plus many others where you can place bets and win big money. You can follow Indian horse racing news, plus previews and betting tips to place your best horse racing bets.
Indian Derby Betting
The Indian Derby is the biggest horse racing event in the country; first run in 1943. It is now held on the first Sunday of February, at Mahalaxmi Racecourse in Mumbai, and is for four-year-old colts and fillies.
Indian 1000 Guineas Betting
The Indian 1000 Guineas is a race for three-year-old fillies – run in December at Mumbai. It is the Indian version of the 1000 Guineas, which you can read more about below, but it is always a good time to start looking into some Indian 1000 Guineas betting odds.
Indian 2000 Guineas Betting
The Indian 2000 Guineas is India’s version of the English 2000 Guineas race, and it is also run in December at Mumbai for three-year-olds, but fillies and colts can both enter.
1000 Guineas Betting
The 1000 Guineas Stakes was first run in 1814, and it is run on the Sunday following the 2000 Guineas. It is contested by three-year-old fillies at Newmarket Racecourse and is the sister race to the 2000 Guineas Stakes.
2000 Guineas Stakes
One Indian horse race satta event that you should definitely take in is the 2000 Guineas Stakes. Held at the end of April or the end of May at Newmarket, this classic British race was first run in 1809. Furthermore, it still continues to be one of the biggest horse betting events of the season. This race is open to three-year-old thoroughbreds and fillies.
Betting On A Live Indian Horse Race
In India, a bettor must always physically make a horse race bet. Whether bets are placed on the Tote or with a bookmaker, trackside or off-course, the types of wagers accepted for Indian horse racing are more or less standard.
Horse Race Betting Terms Explained
Here are the most commonly used terms in horse race betting:
A horse racing betting wager made on a specific winner of a particular race; only a horse that finishes first pays a dividend. The minimum bet on the Tote is Rs 10.
Two choices are bet together to be the 1st and 2nd placed finishers in a single race in the order selected.
Two choices are bet in combination to be the 1st and 2nd placed finishers in a single race in either order.
This horse betting wager requires the choice to finish among the 1st, 2nd or 3rd placed horses in a single race when there are 8-11 runners. If there are fewer runners, it pays only for finishing first or second. If there are more runners, a 4th placed horse will also pay a dividend.
Second Horse Pool (SHP)
Also known as “Second Horse Pool,” this bet chooses a specific horse to come in 2nd (runner-up) in a specific race. The wager loses if the horse wins the race or else comes in third or worse.
This wager requires choosing all of the horse betting Winners of five different races. Correctly betting the first four winners, but with the last leg selection failing, will pay a consolation dividend.
This wager requires selecting all of the horse betting Winners of six different races. Correctly choosing the first five winners, but with the last leg selection failing, will pay a consolation dividend.
Other Bets Available In Online Horse Race Betting
Here are a few other types of bets that you should be aware of:
This is a multi-race bet. Selections are made on one horse in each of 2-6 different races to Win or Place. If the first choice is successful, the winnings roll over to the next selection. As long as selections are successful, the rollovers continue until all selections payout. However, if even one selection is wrong, the entire wager loses.
This new form of horse racing betting wager, introduced by RWITC, is a bet that any horse other than the favorite will win. In other words, it is a bet on the favorite to lose. Any other horse winning the race will pay a dividend.
Not yet widely available, this horse betting wager is a Win bet on a combination of two horses in a single race. Either of the two horses winning pays a dividend. The minimum bet unit on the Tote is Rs 10. The ticket will print the winning amount.
This wager requires selecting the horse betting Winners in a minimum of three or a maximum of five races. At least two horses winning will pay a dividend.
Three selections are bet in combination to be the 1st, 2nd and 3rd place finishers in a single race in the order selected. A correctly chosen winner, but with the second and third choices reversed, will pay a consolation dividend.
This wager requires choosing all of the horse betting Winners of three different races. Only one or two selections being correct will pay no consolation dividend.
FAQs about Horse Race betting in India
While operating betting sites in India is illegal, there is no law against placing horse race bets online at an international site. It is completely legal and safe to bet on international platforms. You can deposit using Indian Rupees at the betting sites in India.
Yes, horse race betting is completely safe if you are on a reputed betting site. By using a licensed and trusted site, you increase your chances of keeping your money secure. The longer the site has been around, the better. To help you make your choice, we advise you to go with Bet365.
You can absolutely win real money at online horse race betting. You just have to do your research, such as reading about the racing club and race track, the various types of races, the horses that are taking part, horse racing news, etc.
The majority of online bookmakers take bets from those living in India. Indians, therefore, are able to bet on many sports such as cricket, horse racing, tennis, football (soccer), and more, besides partaking in casinos and live casinos.
E-wallets are the most recommended means of making deposits on online betting sites for horse racing (or anything else). We favor Neteller. In general, e-wallets are best for Indian players since credit cards can be hard to use. It might take a few days to set up an e-wallet account. Once done, however, you can use an e-wallet to deposit and withdraw money very quickly.