There are few more popular sports to bet on throughout the year than horse racing, with millions of dollars wagered on the action every weekend. There is typically more wagered on the racing action when it comes to the biggest events on the calendar, with a massive turnover in betting expected for global races watched by millions such as the Kentucky Derby, Grand National, and Breeders’ Cup Classic.
Sportsbooks have always been on the front when it comes to adapting their service with the development of new forms of technology, which has enabled bettors to have a better experience when wagering on sporting events throughout the year. But, what are some of the key tech trends that horse racing apps have been adopted to enhance the experience of the better?
Early Modern-Day Betting
Horse racing betting has been popular throughout history, but laws typically meant that only wagers placed on track would be accepted. That has changed drastically throughout modern history, as betting has become easier than ever. The 20th century saw the first major changes to betting online, with exchanges opened to offer a different betting alternative.
Here, bettors could wager against the field instead of selecting a horse that will win the race. This meant that betting against the favorites was easier than ever. With the growing number of sportsbooks, betting on racing in the United States, Europe and Australia have become more entertaining for gamblers, as they can now shop around and look to find the best odds for their selection.
Therefore, it’s common for bettors to have more than one gambling account to ensure that they can get the best price possible on their fancy.
Betting on Racing In The Modern-Day
The growth and development of forms of technology has had a huge impact on the betting industry, with bettors now able to place wagers on their mobile devices at ease. The development of apps, such as TwinSpires, means that bets can be placed on the move, while many of the leading apps also enable bettors to keep tabs on the latest odds to ensure that they can make their selection when the best price is available.
Overall, it’s the convenience that has made betting in this modern day more enjoyable than ever, with gamblers able to make their selections quicker than ever before.
As well as this, most of the leading sportsbooks will offer all of the most popular
markets that will capture the attention of the bettors, with win, place, show and exotics markets all available on the leading apps.
As well as this, bettors can also expect to find sportsbooks offering ante-post prices on the biggest upcoming races, meaning that early bets on the Kentucky Derby can be made as far as six months in advance.
Mobile Betting Apps
The way that bettors now make their wagers on the racing action has changed drastically over the last ten years, with the vast majority of horse racing bettors now owning at least one betting app on their mobile device. The leading apps are an excellent download for bettors, as it ensures that they can keep tabs on the odds, before making their selections.
As well as this, bettors are able to watch live streams of the action on their device, while the vast majority of leading sportsbooks also enable in-play bets to be made on the biggest races throughout the season. Furthermore, aside from the action taking place across the world, the success of mobile betting on apps has seen the popularity of virtual racing reach new heights.
Improving Safety
Being safe online is always the most important factor in this modern day, with millions of hackers constantly looking to access sensitive information. Therefore, there is pressure on mobile betting apps to ensure that players can wager safely online. Bettors can expect this service and their payment information to be secure as the leading sportsbooks all operate their apps using the best possible blockchain technology.
This ensures that all transactions are secure, and bets and funds can be tracked by the sportsbook and the banks of the account holder. Blockchain ensures that all transactions are recorded, and it helps ensure transparency when it comes to market fraud, ensuring fairness when betting on the sport.
Bettors looking to make wager online will always have to establish whether the site that they are signing up to is using blockchain, as it will make sure that all players will have peace of mind when making their selections on a leading app.
Key Technology Being Used In Racing
There are few sports that are as reliant on data than horse racing, meaning that technology has been adopted by the sport to ensure that bettors can make their wagers on apps with all the required information. One of the most important pieces of tech being used is ground tracking technology, which ensures that all bettors can access important information regarding how the biggest tracks
around the world are running.
Data is also extremely important when it comes to the performances of the horses in the race. This is typically tracked nowadays by leading providers, and the information is available for the racing public.
One of the key pieces of data that will be considered before betting on the biggest races on the flat is the times of workouts and sectionals that horses have run at in their previous races. All this information can be found at the leading sportsbooks before making a bet on a dedicated app.
Future
The future of horse racing betting is incredibly bright, as further tech will be introduced to ensure that bettors can have the best possible service. One piece of tech that we could see introduced in the future is virtual reality, which could offer a bettor a day at the races without having to leave the comfort of their own home. This will only enhance the experience that bettors can enjoy when making
bets online on a leading mobile app.
