DraftKings, a well-known sportsbook, offers a wide range of betting options, including horse racing. Bettors can create an account with DraftKings and fund it with real money to place bets on horse races. DraftKings provides various racebooks to select from, each featuring numerous tracks and race times. Bettors can wager on different race types, including thoroughbred, harness, and quarter horse races. A bettor’s knowledge about horse racing and skill in analyzing odds can potentially increase their chances of winning.
Types of Bets in DraftKings’s Horse Racing Contests
DraftKings offers various bet types for its horse racing contests, catering to both experienced bettors and beginners. Here are the main types of bets available:
- Win: A bet on the horse to finish first.
- Place: A bet on the horse to finish first or second.
- Show: A bet on the horse to finish first, second, or third.
- Exacta: A bet on the horses to finish first and second in exact order.
- Trifecta: A bet on the horses to finish first, second, and third in exact order.
- Superfecta: A bet on the horses to finish first, second, third, and fourth in exact order.
In addition to these basic bets, DraftKings also offers exotic bet types such as Pick 3, Pick 4, Pick 5, and Pick 6. These bets involve selecting multiple winning horses in a specific order and can offer larger potential payouts.
The table below summarizes the different types of bets available in DraftKings’s horse racing contests:
| Bet Type | Description |
|---|---|
| Win | Bet on the horse to finish first. |
| Place | Bet on the horse to finish first or second. |
| Show | Bet on the horse to finish first, second, or third. |
| Exacta | Bet on the horses to finish first and second in exact order. |
| Trifecta | Bet on the horses to finish first, second, and third in exact order. |
| Superfecta | Bet on the horses to finish first, second, third, and fourth in exact order. |
| Pick 3 | Select the winning horse for three consecutive races. |
| Pick 4 | Select the winning horse for four consecutive races. |
| Pick 5 | Select the winning horse for five consecutive races. |
| Pick 6 | Select the winning horse for six consecutive races. |
DraftKings Horse Racing Payouts
DraftKings offers various horse racing payouts, including:
- Win: The horse you select finishes first.
- Place: The horse you select finishes first or second.
- Show: The horse you select finishes first, second, or third.
- Exacta: The two horses you select finish first and second in that order.
- Trifecta: The three horses you select finish first, second, and third in that order.
- Superfecta: The four horses you select finish first, second, third, and fourth in that order.
Payout Odds
The odds for each payout vary depending on the race and the horses involved.
| Payout Type | Odds |
|---|---|
| Win | High |
| Place | Moderate |
| Show | Low |
| Exacta | High |
| Trifecta | Very High |
| Superfecta | Extremely High |
It’s essential to research the horses and the race thoroughly before placing a bet to increase your chances of winning a desired payout.
How to Win at DraftKings Horse Racing
DraftKings is one of the most popular online sportsbooks in the United States. They offer a wide range of betting options, including horse racing. If you’re new to horse racing betting, here are a few tips to help you get started.
Understanding the Basics
Before you start betting on horse races, it’s important to understand the basics. Here are a few key terms you should know:
- Race: A horse race is a competition between two or more horses. The horses race around a track, and the first horse to cross the finish line wins.
- Odds: Odds represent the probability of a horse winning a race. The lower the odds, the more likely the horse is to win. The higher the odds, the less likely the horse is to win.
- Bet type: There are many different types of bets you can make on horse races. Some of the most common bet types include win, place, show, exacta, and trifecta.
How to Bet on Horse Races
Now that you understand the basics, you’re ready to start betting on horse races. Here’s how to do it:
- Create an account: The first step is to create an account with DraftKings. You can do this by visiting their website or downloading their app.
- Deposit funds: Once you have an account, you need to deposit funds into it. You can do this using a variety of methods, including credit card, debit card, and PayPal.
- Choose a race: DraftKings offers a wide range of horse races to bet on. You can choose a race by date, track, or type of race.
- Place your bet: Once you’ve chosen a race, you can place your bet. You can do this by selecting the horse you want to bet on and then choosing a bet type.
- Do your research: Before you bet on a horse, it’s important to do your research. This includes looking at the horse’s past performances, the track conditions, and the weather forecast.
- Bet on horses with good odds: The lower the odds, the more likely the horse is to win. However, it’s important to remember that there’s always a chance that the underdog will win.
- Don’t bet more than you can afford to lose: Horse racing is a gambling game, and there’s always the chance that you will lose money. It’s important to never bet more than you can afford to lose.
- Visit a DraftKings HHR location.
- Create a DraftKings account.
- Fund your account.
- Select a race.
- Choose a horse.
- Place your bet.
- Win: Bet on a horse to finish first.
- Place: Bet on a horse to finish first or second.
- Show: Bet on a horse to finish first, second, or third.
- Exacta: Bet on the first two horses to finish in exact order.
- Trifecta: Bet on the first three horses to finish in exact order.
Tips for Winning
Here are a few tips to help you increase your chances of winning when betting on horse races:
Conclusion
Betting on horse races can be a fun and exciting way to win money. However, it’s important to remember that it’s a gambling game, and there’s always the chance that you will lose money. By following the tips in this article, you can increase your chances of winning.
| Bet Type | Description |
|---|---|
| Win | The horse you bet on must win the race. |
| Place | The horse you bet on must finish first or second. |
| Show | The horse you bet on must finish first, second, or third. |
| Exacta | You must pick the first and second place finishers in the correct order. |
| Trifecta | You must pick the first, second, and third place finishers in the correct order. |
DraftKings Historical Horse Racing (HHR)
DraftKings offers Historical Horse Racing (HHR) at select locations. HHR is a pari-mutuel wagering system that simulates past horse races and allows players to bet on the outcomes.
How to Bet on DraftKings HHR
Types of Bets
DraftKings HHR FAQs
What are the minimum and maximum bet amounts?
The minimum bet amount is $2 and the maximum bet amount is $1,000.
Can I bet on HHR races from home?
No, you must be present at a DraftKings HHR location to bet on races.
How are HHR races determined?
HHR races are simulated using historical race data and a random number generator.
Is HHR the same as horse racing?
No, HHR is a simulated betting system while horse racing involves live horses competing in a race.
Well, there you have it, folks! If you’ve always wondered whether you can bet on horse racing on DraftKings, now you know the answer. Whether you’re a seasoned bettor or just starting, I hope this article has been helpful. Thanks for reading, and be sure to check back later for more updates and insights on the world of horse racing and sports betting.