New Zealand is a nation that loves their sport. One of the most popular viewing sports in the country is horseracing. It is also one of the biggest betting sports in the New Zealand or anywhere in the world. So what is it about horse racing that makes punters flock to the track? In the notes below, we are going to take a look at why punters jump at the chance to place bets on horseracing when there are so many other sports to bet on.
Big Payouts
There are actually a few reasons why horse racing betting is one of the biggest betting markets in the country. For starters, we can simply look at the payouts involved. It natural for punters to gravitate to a sport that offers the biggest payout. This is why the lottery is so popular.
Even though the odds of winning the lottery are earth shatteringly low, people play because if they do win, the money is life changing.
Similarly, horseracing betting offers some seriously big payouts for a correct bet.
Multiple Betting Opportunities
Horse racing betting is also very popular because of the types of bets that can be placed. With most other sports, a simple win/lose bet is what you will be offered with the exception of a few exotic bets. In horseracing, the number of bets is simply staggering. For novice punters, picking the winner is a good place to start. However, for punters with a bit more adventure, there are multiple bets that can be placed on a single race or multiple races throughout the day. Combination bets are very popular in horse racing which can lead to some very large payouts.
Lots of Info
Horseracing is one sport where just about every aspect of the race and the horses have been analysed beforehand. NZ racing tips can greatly help punters looking to place solid bets, and can improve the chances of successful wager. Before the actual start of the race, punters have all the information they need to make an informed decision. This includes how each horse fared in previous races, historical wins on the particular track and what condition the horses are in at the time. The odds given on each horse also provide information on how the betting sites see the race panning out.
Popularity
With sports betting, the more information you have about the sport, the greater your chances of placing a winning bet. Horseracing is also one of the most popular viewing sports in the country. This means that punters will either be at the track or be able to watch it live on television. Many online sports betting sites also offer live streaming of the biggest horse races in the country.
Accessibility
One of the biggest reasons punters love horseracing betting is because accessibility. It doesn’t matter where you are in the country, online and offline, if you want to bet on the horses, you won’t have to go far. With online betting, just about every single online betting website offers horse racing betting. Betting is also available on your mobile with betting apps for smartphones and tablets. Offline, tote offices can be found in every town where placing a bet takes just a few minutes.
