What to Look For in an Online Bookmaker
If an online bookmaker is popular in a positive way, it means that their customers approve of the quality of their work. These customers feel that they are well taken care of and their concerns are quickly addressed. To have an independent view on online bookmakers, you can read online forums, third-party reviews or ask punters that transact with that online bookmaker.
Good online bookmakers can also transact with several payment options such as direct deposit, credit card and cheque. Take caution in using your credit card in casting bets with an online bookmaker for it might be copied and used by others. Thus, online bookmakers have 128-bit SSL encryption to protect your transactions. You can also look for the operating license of the online bookmaker.
Online bookmakers look at the bets in a specific event and they will formulate ways to distribute betting volumes to generate equal profit. For the highest payouts possible, online bookmakers dish out early market betting odds months before the event and it is hard to pull off a correct bet from the early betting odds for selected race horses might not qualify or might not participate due to injury.
There are online bookmakers that offer betting odds only for horse racing events, harness racing and greyhound racing. Online horse racing bookmakers can take standard or exotic bets depending on the preference of the punter. Standard bets include the win, the place and the each way bets while exotic bets include the quinella, trifecta, exacta and first four bets.
Though exotic bets gives you a chance to gain bigger payouts, it is harder to pull off because of the number of horses that have to be chosen in a single bet and the choices must come in exact order. If there are two or more race horses that have equal betting odds at the middle of the list, exotic bets are high-risk, high-reward betting options.
In the win bet, you simply have to pick the race horse that will win the race. For the place bet, you will pick the horses that you think will finish first, second and third and you will win if you get any of the three places right. For the each-way bet, you can place two bets on one horse. This means that you can have one of two payouts if your chosen horse wins or if it finished second or third.
On the other hand, the trifecta bet lets you pick the three race horses that will cross the finish line in exact order while the quinella bet requires you to pick the first two horses that will finish the race regardless of order. Meanwhile, the exacta bet requires you to select the top two horses that will finish the race in exact order.
The first four bet is the hardest bet to pull off for you must choose the first four race horses that will finish the race in exact order. However, this exotic bet has the highest payout potential among all betting options. You can also check the welcome bonuses and bet bundles that an online bookmakers have and learn how to use them to your advantage.
Online Bookmakers offer a wide variety of bet types and various horse racing betting offers to both new and existing clients. Online bookmakers provide a convenient avenue to placing your horse racing bets with a bookmaker with some terrific sign up and deposit bonuses available.
Because the online bookmaker doesn’t have the same overheads as the TAB, you will find that the online bookmakers are continually able to offer you some fantastic promotions that give you more money to punt on the races each week.
IASbet
IASbet is owned by International All Sports Limited (IAS) is a publicly listed company on the Australian Stock Exchange. One time leviathan punter Mark Read established IAS as Australia’s first Corporate bookmaker in 1996.
IASbet is licensed by the Northern Territory Government and Queensland Racing in Australia.
Some of the IASbet horse betting products include:
- SuperPrice
- 6% Rebate on Hong Kong Racing
- Fixed Odds
- Flex-betting on Exotic bet types
Read the full IASbet Review
SportsBet
Sportsbet is operated by Matthew Tripp whose father Alan has had a long history in Australia as one of the countries biggest bookmakers.
Matthew has quickly established Sportsbet as one of Australia’s leading online bookmakers. Sportsbet has been in operation for more than a decade and is licensed in the Northern Territory by the Northern Territory Racing Commission (NTRC).
Some of the Sportsbet horse betting products include:
- Top Fluctuation
- Fixed Odds or City Best Plus
