Horse racing betting in India has gained significant popularity with two main types of wagers: Win and Each Way betting. Win betting is the simplest form where you bet on a horse to finish first in the race. If your selected horse wins, you receive the payout based on the odds offered at the time of placing the bet.
Each Way betting is essentially two bets in one - a win bet and a place bet. This type of betting is particularly popular in Indian horse racing events like the Bangalore Derby or Mumbai Monsoon Season races. The place part of your bet wins if your horse finishes within the specified placing positions, typically top 2 or 3 depending on the number of runners.
Local Indian platforms such as Bet365 India, LeoVegas India, and 10Cric offer these betting options for major Indian racing events. The Royal Western India Turf Club (RWITC) organizes premier racing events where both win and each way betting are available through authorized bookmakers.
Understanding the each way terms is crucial for Indian bettors. The each way fraction (usually 1/4 or 1/5) determines how much of the win odds you get for the place part of your bet. This makes each way betting particularly attractive for competitive races where your horse might not win but has a strong chance of placing. |