Horse Racing Betting Singapore 2025
As one of the classic types of sports betting, horse racing is arguably one of the best games any player can bet on. Its fast-paced action and high stakes bet are only some of the many reasons that make the game as popular as they are today.
However, since it is not like the usual sport that you can watch on TV compared to the games of football and basketball, understanding the betting process of horse racing can be more complicated for some.
But set aside your worry, because we have your back here at SGCasinoInsider! Allow us to introduce you to the world of horse racing betting in the simplest way possible. If you’re a Singaporean bettor, it is now your perfect chance to add another highly entertaining not to mention rewarding sport to your list.
Top 10 Horse Betting Sites 2025
Can you bet on horses in Singapore?
Horse racing betting is allowed in Singapore but it is heavily regulated. Horse racing and betting are only offered by the Singapore Turf Club (STC), the only authorized body to do so. Founded in 1842, it is the only legal option for betting on horse races in the nation.
In Singapore, they can bet on official sites like Singapore Pools and at the Singapore Turf Club. The government keeps a close eye on these activities to ensure responsible gambling practices. Singaporean bettors must tread carefully, though, as it's generally illegal to bet offshore, so many online sportsbooks will still provide a horse racing line, but the odds won't be valid on their system.
But aside from these, trusted offshore sports betting sites can also be your option. You can get started with the top 10 online casino Singapore above. All of them are licensed and reputable sportsbooks, so you don’t have to worry about your security–because they’re definitely in good hands.
Understanding Horse Racing Odds
You may have heard it many times now, choose a game that has great odds, but really what does the term odds even mean? If you found yourself asking the same question, now you don’t have to be in horse betting Singapore!
Simply put, odds represent the prices and payouts shown at a horse track. For instance, odds of 2-1, simply show how much you could win (first number) and the amount you need to bet (second number). Thus, you can have $2 for every $1 that you bet.
Like in any other type of sports betting, horse racing odds can be represented by two formats: fractional (e.g. 4/1) and decimals (e.g. 5.00).
However, in terms of reading the horse racing odds, it will be a different discussion. To do so, you need to be familiar with these four:
The Morning Line
Basically morning lines are the odds placed on each horse by the track’s handicapper. But currently, they are not that common since they change so much as more bets are placed.
Changing Odds
As the name suggests, these odds change depending on how many bettors are wagering on the horse until post-time.
Favorites
Like in other sports, there would always be a crowd’s favorite, or in the case of horse racing betting, the horse that is most likely to win. But if in any case, there is more than one horse with the same odds of winnings, it will be displayed as “JF” or joint favorite.
Probability
Fractional odds indicate the likelihood of an occurrence. For example, 1/1 means equal success and failure, giving a 50% probability. A 2/1 on the other hand will explain that the chances of failure are higher, equating to a 33% probability. The higher the denominator, the lower the probability of success.
Popular Types of Horse Betting
Once you choose to bet on the best sports betting singapore, one good thing that you can enjoy is their wide range of betting markets. There are a variety of options that you could choose from, and below are some of the most common ones:
- Win Bet: A simple bet where you bet on a horse to win. If your chosen horse finishes first, you get your payout according to its odds.
- Place Bet: In this wager, you are a winner if your horse finishes first or second. Although the payout is lower than a win bet, the chance of winning is greater.
- Show Bet: This bet wins if your horse comes in either first, second, or third. It’s viewed as a safer bet with higher frequency, though smaller, returns.
- Exacta: This bet, otherwise known as a "Perfecta," simply means that you must successfully predict the exact order of the first and second place horse. Because it is more difficult, the payouts are higher.
- Quinella: Like an Exacta, but does not matter what order the first two horses finish in. You win as long as your chosen horses place in the top two.
- Trifecta: The second of these is to select the top three finishers in a race in the correct order. It’s hard, but the payoffs for correct guesses are substantial.
- Superfecta: An exotic bet in which you must pick the top four finishers in the correct order. Its complexity makes it one of the highest-paying bets in horse racing.
Horse Racing Tournaments
If you really decide to bet on horse racing, rest assured that you will never run out of options to choose from, especially in terms of the biggest horse racing event to place your wager.
Kentucky Derby
Ever since the first Kentucky Derby started in 1875, it remains to be the biggest race in U.S horse racing. It is also one of the most prestigious tournaments available in the best online casino in Singapore. Although it only lasted for 2 minutes, it never fails to deliver new heights of excitement, suspense, and full amusement.
Singapore Gold Cup
Another horse racing tournament not to be missed is the Singapore Gold Cup! It is held annually every November at Singapore Turf Club, open for horses aged three and older. Since it was inaugurated in 1924, it has been considered the biggest horse race in the country of Singapore.
Queen Elizabeth II Cup
As the name suggests, this tournament is a tribute to the late Queen Elizabeth II. It was first established in 1975 by the Royal Hong Kong Jockey Club, and since then it has been celebrated annually every April at a distance of 2,000 meters on turf.
Lion City Group
Considered the finest domestic event in Singapore, the Lion City Cup is a 1,200-meter weight-for-age event. The winner of the cup will receive $300,000.
And many others!
Aside from the much-awaited tournaments above, your options also extend to Kranjie Mile, Singapore Derby, and Raffles Cup.
How to Bet Horse Racing Online?
The thrill of betting on a horse bettting Singapore is surely undeniable! Even more with the anticipation for a potential win as your horse comes really close to the finish line. If that wouldn't give you an exhilarating experience, then what is?
So to get started, here’s the following step-by-step guide you can follow:
- Step 1 - Create an account: Select a Legitimate Online Betting Site with Horse Racing Register, tell me your name/email/number, and sign up An online betting system that is licensed and secured.
- Step 2 - Make a deposit: After you have signed up, you will want to add money to your betting wallet. Most platforms will also offer you several payment methods along with credit/debit cards, e-wallets, and bank transfers.
- Step 3 - Choose the race you want to bet on: Select the horse race that you wish to place a bet on. They host both local and international races featuring various odds and wagers.
- Step 4 - Select the best bet type: Horse racing betting methodsThere are many different ways to bet on horse racing. You can bet on a single horse to Win (select the horse you think will finish first) or take a shot at more exotic bets with Exacta (where you choose the top two finishers, in order) for bigger payouts.
- Step 5 - Place your wager: After choosing your bet amount and type, place the wager. Make sure to verify your selection before placing the bet.
- Step 6 - Enjoy the game: And then, you can sit back and watch the race happen. So whether you’re watching live or just checking results afterward, hopefully, you can enjoy the excitement of horse racing and discover if your predictions came true!