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Winning strategies for crypto horse betting (2024)

Crypto horse betting opens a new chapter for punters who like betting on sports with digital money. In this horse racing crypto betting guide, we look at how cryptocurrencies can be used for horse racing action and how blockchain technology works for modern punters.

We suggest you the best horse racing crypto betting sites and teach you how to find better margins for your wagers. You can use cryptocurrencies to bet on other sports markets at any leading online Bitcoin sportsbook.

Top online bookmakers on 21 November 2024 that accept bets on horses with cryptocurrencies

Rank
Bookmaker
Bonus
Safe & Trusted
Rating
Get Started
1
Exclusive 10% Rakeback
Yes
Rating 9.99 out of 10
2
100% up to 500 USDT
Yes
Rating 9.97 out of 10
3
Welcome bonus on your 1st deposit up to 100 EUR
Yes
Rating 9.97 out of 10
4
Exclusive: 130% up to €143
Use Promocode: GAMBLINGJUDGE
Yes
Rating 9.98 out of 10
5
100% up to €100
Yes
Rating 9.89 out of 10
6
Exclusive: 100% up to €130 Use Promocode: JUDGE
Yes
Rating 9.88 out of 10
7
Exclusive: 100% up to €130 Use Promocode: GJBET
Yes
Rating 9.26 out of 10
8
FREBET Up to 50 USDT/EUR
Yes
Rating 8.89 out of 10
9
100% up to 500 $/€/£
Yes
Rating 8.37 out of 10
10
Welcome package: 200 TFS + up to 450% + 140 free spins
Yes
Rating 8.23 out of 10

How does crypto horse betting work? ₿

Experienced punters who are familiar with top horse racing action, will have no problem mastering the art of crypto horse racing betting. Instead of using fiat currency, used by many bookmakers, you switch to digital money and placed the same bets at legal betting sites using crypto. The system is identical and whether you bet at traditional sportsbooks for Bitcoin bookmakers and betting sites, the same rules apply.

Punters select currencies of bookmakers from the list of accepted payment methods and make a deposit. The next step is to choose the horse racing event and market, before deciding on a stake. You can place a bet on the winner or tinker with one of the special wagers such as the Tricast bet or Heinz bet. If the bet is settled as a winner, you will be paid immediately and can enjoy a faster withdrawal with less than two minutes per transaction.

What makes a good crypto horse betting site? 👍

Horse racing betting crypto is a fairly straightforward process, and there are plenty of crypto betting sites where you can place your wagers. The biggest challenge for prospective punters who consider this type of wagering is finding the top crypto horse racing betting sites. Everything matters, but these are the five things you should pay extra attention to when making a decision:

  • Strong license  🧾- bet on Bitcoin betting horse races at bookmakers that are licensed by a respectable regulatory body.
  • Betting options  📑- find UK horse racing betting sites that cover all the popular horse races and offer many betting markets.
  • Fast and secure payments ⚡ – Bitcoin horse betting should guarantee instant deposits and fast withdrawals that are secure and inexpensive.
  • Offers and promotions 💰 – when analyzing the list of crypto horse betting sites, choose the ones that offer welcome bonuses, as well as ongoing promotions and recurrent campaigns.
  • Customer support  🤳🏻- sooner or later, you will need the assistance of customer support specialists, so make sure you choose online crypto horse betting sites that employ professional teams

How do you bet crypto on horse races? 🍀

Whether you choose to bet on fiat or digital currency, the first step is to learn how to bet on horses. Once you get familiar with the classic horse betting terms you can choose one of the Bitcoin betting UK or international betting sites and place a wager. This is how to make money betting on crypto:

Step 1
Fund your account with digital money - choose a crypto betting site and load your crypto wallet.
Step 2
Choose the horse racing event - find a race to bet on from the international calendar
Step 3
Pick one of the betting markets - choose one of the best types and bet on one or several horses
Step 4
Select the stakes - choose the amount based in accord with your bankroll and place the bet

Most popular horse racing crypto bets 🔥

Once you learn what is crypto horse betting you can put your skill and luck to the test and bet on diverse markets. Just like crypto football betting, there are different types of horse racing bets and markets that you should consider. These are the most popular ones that can be found at trusted sports betting sites:

Single bets and accumulators: horse racing crypto betting sites, just like bookmakers that allow tennis crypto betting, allow you to bet on a single market or add several selections on the same betting slip. Single bets have a higher chance to win, but the prize money increases when bettors choose accumulators.

Winner and each way: you can bet cryptocurrency sports betting online on the winner of the race to enjoy the best odds and more money. Alternatively, you can place bets on each way markets and win even if the horse of choice comes in second.

Exacta and trifecta: exacta is one of the betting terms indicating that you pretty the order of the first two courses. If you choose to wager in the Trifecta key box you will need to predict the order of the first three competitors in one bet.

What currencies are used in 2024 for crypto horse betting? 💸

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    Bitcoin

    This is the first and most popular cryptocurrency for betting, established in 2009.

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    Ethereum

    The second most traded currency, it is also at the core of top Ethereum betting sites.

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    Ripple

    Created in 2012, the cryptocurrency is perfect for provably fair gambling action.

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    Dogecoin

    What began as joke crypto, is now used at many online bookmakers.

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    Litecoin

    The autonomous and decentralized peer-to-peer currency has many fans online.

Crypto horse betting odds types 📊

Once you know how horse betting with crypto works and have a good example of horse betting crypto, it is time to look back at the popular odds types. For example, Bitcoin bookmakers will publish the starting price on upcoming races, which is used as a reference for the odds. As kickoff approaches these fixed odds to decrease or grow based on how punters bet.

This applies to almost all cryptocurrencies, so punters can take advantage of moving odds. The alternative is to participate in a tote win competition, ideally one with a tote jackpot which can be found even on Dogecoin betting sites. The amounts raised by such a crypto horse racing book will be divided among participants, so players are guaranteed to have a winner among them, regardless of who wins the race.

6️⃣ Horse racing betting crypto tips 💯

There is no silver bullet to beating the house edge when engaging in crypto horse betting. A mix of research, flawless bankroll management, and the ability to find the best paying races are needed to be successful. Luck is also an essential ingredient in the recipe for success, so you can’t do without it. However, these fsix tips can help you maximize the return on investment while mitigating the risks:

  1. 📉 Keep the amounts low – don’t bet more than you can afford to lose and stick to your bankroll.
  2. 🎯 Bet on single events – double bet and accumulator wagers pay more but carry bigger risks.
  3. 🐴Research the horses – put enough time into analyzing the races before placing a bet.
  4. 📅 Bet on the major events – sometimes mobile betting sites offer better odds on flagship horse races so take advantage
  5. 🎁 Take advantage of bonuses – make the most of exclusive cryptocurrency bonuses available.
  6. 🏆 Play at respectable bookmakers – open an account and deposit at licensed and regulated bookies.

Best crypto horse betting strategies 💡

When live betting, many players are wondering “is horse racing fixed” and trying to figure out if crypto horse racing betting is safe enough to warrant the effort. With the right approach and the use of a popular strategy, racing fans can be successful when placing bets on these events. These are the 3 most important things to remember:

Exercise bankroll management – even the best crypto horse betting strategies will fail if you don’t bet within your means. Bet only the amount you can afford to lose and move up slowly.

Seek the best odds – the only way to make match betting crypto profitable is to constantly bet on top odds. Look at bookmakers from different countries and always seek the top odds.

Bet on major races – look at racing competitions from many countries and bet on the biggest races. This is where the horse racing crypto betting best odds can be found at online bookmakers.

Top crypto horse betting races 👑

Horse racing betting crypto pays better at crypto bookmakers, same when it comes to e-sports betting, if you choose to gamble at the top races. Whether you focus on the finish line, bet on two horses, or tinker with multiple bets on exotic markets, these are the biggest races to focus on:

🏇 The Kentucky Derby: the biggest event in America, held since 1875 and attracting huge crowds

🏇 Melbourne Cup: the most important horse racing event in Australia with excellent odds

🏇 The Dubai World Cup: one of the richest races with a $10 million prize pool held in March

🏇 Prix de L’Arc de Triomphe: the pride of French horse racing since 1920 with $5.5 million prizes

🏇 Breeders’ Cup Classic:  the best-paying horse racing in America, with a $5 million prize pool

Exclusive crypto horse betting bonuses 🤑

Horse betting crypto is particularly attractive because punters are eligible for exclusive bonuses. You can bet on multiple horses and enjoy the new feature of digital gambling with these bankroll boosters. Most bonuses are similar to what crypto esports betting and football bookmakers offer to those who switch to digital money. These require a deposit in cryptocurrency, which is matched by the casino.

Other exclusive offers focus on players who reload their accounts or take part in time-sensitive campaigns. Mobile depositors also benefit from exclusive deals, when switching from computers to handheld devices. You might have to download a crypto betting app to qualify for such bonuses or receive them even if you choose to gamble straight in the browser.

Pros 👍 and Cons 👎 of horse racing betting crypto

PROS

  • Enhanced privacy and anonymity
  • Access to exclusive bonuses
  • Faster and inexpensive transactions
  • Many cryptocurrencies accepted

CONS

  • Not all bookmakers accept digital money

Frequently asked questions about horse betting with crypto ❓

Not all online bookmakers accept cryptocurrencies, but many gambling operators do.

Smartphones and tablets can be used to bet cryptocurrency on horse races.

Deposits and withdrawals are less expensive if you bet cryptocurrency than fiat money.

If you bet at a licensed and regulated bookmaker, you don’t take any chances.

Bitcoin, Ethereum, and Litecoin are some of the most popular cryptocurrencies used for horse races.

Bet on horse races the digital way 👩‍💻

Crypto horse betting, just like Bitcoin cricket betting, can be both fun and profitable if you understand the essential factors and employ the right strategy. The perks of cryptocurrency gambling range from lower fees, exclusive bonuses, and even higher odds.

You can find plenty of licensed and regulated bookmakers that accept cryptocurrencies and offer unique benefits to their players. Sign up for an account at one of these top suppliers and use the betting tips and strategies described in our guide to make the most of any horse racing bet you place.