Horse Racing Betting at MelBet
The Dutch East India Company (VOC) catalyzed the popularity of Horse Racing in Indonesia by establishing stud farms and importing horses from Persia and Arabia to improve local breeds. However, events organized among the nobility in various parts of the archipelago and being integrated into local customs and festivals of certain regions primarily rooted in Horse racing in Indonesian culture. Although Horse racing is not as popular as other sports, race tracks have been established in major cities like Jakarta and Surabaya, proving a precedent for interest amongst fans and punters.
Here at MelBet Indonesia, we have noticed the interest in Horse racing among our Indonesian users and we have decided to bring the tracks right to you. Keep reading to explore all about our horse racing lines, uncovering a step-by-step guide to play, bet types, tips to consider when placing your bets, and other betting options to check out.
How to Bet on Horse Racing?
Once you are ready to place your wagers on Horse races at the top tracks around the world, here’s how you can easily get your wagers down with MelBet.
Sign in / Create an Account
The first step is ensuring you are logged into your MelBet account. If you have an active account, visit our homepage and click on the sign in button at the header of the screen to login to your account with your details. If you don’t have an active account, simply click the register button beside the sign in button on our homepage to create your account with any of 4 different options.
Fund Your Account
Next up, fund your account with any of the available banking options to enable you to place a wager on the available horse racing events. We offer banking options that allow players to deposit as low as 1 IDR and as high as 5,000,000 IDR while also claiming bonuses that catch their eye. Besides Cryptocurrency, here’s a quick at some other banking options you can fund your account with.
Banking Option | Min - Max Deposit |
DANA | 10,000 - 5,000,000 IDR |
QRIS | 10,000 - 5,000,000 IDR |
Jeton Wallet | 1 - 100,000 IDR |
LinkAJA App | 10,000 - 2,000,000 IDR |
Neteller | 169 239.46 - 592,338,090 IDR |
Check Out Your Preferred Event
Once your account is funded, navigate to the available horse racing events to place your wagers. You can check out the odds on every event in about five different formats, allowing you to fully understand the probability of your predictions.
Place Your Bets
Once you are ready to place your predictions, click on your preferred markets to add it to your bet slip, after which you can enter your preferred wager amount. Be sure to always review your selections before finalizing your bets.
Types of Betting on Horse Racing
Horse racing offers a variety of betting options, catering to different levels of experience and risk appetite. Here are the most common bet types for Indonesian Horse racing fans.
Straight Bets
Straight bets in horse racing are the most basic and straightforward types of wagers you can make. They involve betting on a single horse to achieve a specific outcome in a race. Here are some popular straight bet types you can explore.
Win: This is the simplest bet. You wager on a horse to finish first in the race. If your horse wins, you win the bet.
Place: This bet is on a horse to finish in either first or second place. You win if your horse comes in first or second. This bet offers a higher chance of winning than a win bet, but the payout is typically lower.
Show: This bet is on a horse to finish in first, second, or third place. You win if your horse finishes in any of these positions. This bet has the highest chance of winning among straight bets, but the payout is the lowest.
Exotic Bets
Exotic bets in horse racing are wagers that involve multiple horses and/or multiple races. They are more complex than straight bets (win, place, show) and offer the potential for much higher payouts, although more difficult to win. Here's a look at the most popular exotic bets on Horse races.
Exacta: You must correctly predict the horses that will finish first and second in the exact order.
Quinella: You must correctly predict the horses that will finish first and second, in any order.
Trifecta: You must correctly predict the horses that will finish first, second, and third in the exact order.
Superfecta: You must correctly predict the horses that will finish first, second, third, and fourth in the exact order.
Others
Here’s a look at some other betting options that don’t fall under these other categories but are available when placing you bets on Horse races.
Each Way: This is a combination of a win and a place bet. If your horse wins, you win both bets. If it finishes second or third, you win only the place portion.
Daily Double: You must correctly predict the winners of two consecutive races.
Pick 3/4/5/6: You must correctly predict the winners of three, four, five, or six consecutive races, respectively.
Handicap Bets: These bets involve a "handicap" assigned to each horse, which is a weight adjustment to level the playing field. You bet on whether a horse will win considering its handicap.
Tips for Choosing Bets:
Before placing your horse racing wagers, there are some tip to consider implementing into your strategy to dial down your risks and probably tip the scales in your favour. Here’s a few.
Consider the odds: Higher odds mean high potential payouts but also a lower probability of winning.
Research the horses: Always review the horse’s past performance, form, and jockey.
Understand the race conditions: Consider the distance, track surface, and class of the race.
Start with simple bets: If you're new to horse racing betting, start with win, place, or show bets before moving on to more complex exotic bets.
Gamble responsibly: Set a budget and stick to it. Never bet more than you can afford to lose.
Live Betting On Horse Racing
Here at MelBet Indonesia, we have leveraged all our features to bring the full Horse racing experience to our Indonesia users. Players can easily place wagers on live horse racing events based on the live score or current standings of the horses. Before placing your live sports bets, you need to watch the race closely and pay attention to how the horses are performing, their positions, and their jockeys' strategies. Here are some popular online horse betting markets.
Next to Finish: Some bookmakers offer bets on which horse will be the next to cross the finish line at a specific point in the race. This allows you to predict short-term outcomes within the larger race.
Leader at a Certain Point: You can bet on which horse will be leading the race at a specific marker, such as the halfway point or the final turn.
To Be Placed (or Not): As the race progresses, you might be able to bet on whether a particular horse will finish in the top positions (place or show) or whether it will fall out of contention.
Match Bets: These involve betting on one horse to finish ahead of another specific horse in the race. Live betting allows you to make these bets even as the horses are running.
MelBet Betting Options in Indonesia
Aside from wagering on horse races online, there are other online sports betting options available to Indonesian players. We offer coverage of over 30 sports events, all cutting across various leagues and tournaments round the world. Whether you are looking to wager on global favourites like soccer, soccer, basketball, or volleyball, we’ve got you covered. All you have to do is create an account or sign into your account to access your unrestricted online sports betting services and place your wagers.
What Do Horse Racing Betting Odds Mean?
Horse racing betting odds can seem confusing at first, but they're actually quite simple once you understand the basics. Unlike other sports with straightforward odds for a win or lose, horse racing has odds on every horse, capitalizing on the horse’s past performances to determine their odds of winning. Simply check out the event and check out the odds on your preferred horse before placing your wagers to determine the probability of winning.
Benefits of Betting on MelBet
Here are MelBet, there are various advantages to placing your online sports bets with us. Here’s what you get to enjoy as a registered Indonesian user on MleBet.
Generous Bonus Offers
First off, we offer Indonesian players generous bonus offers. Aside from rewarding you with generous offers, we also ensure that the available bonus offers come with easy-to-meet requirements. Some of our bonuses include the MelBet First Deposit Bonus which is designed for new players, a bet booster bonus, exclusive mobile app cashback, and many more.
High Definition Live Streaming
Our services also include high-definition live streams of your favourite events. This allows you to easily keep track of your events right from the comfort of your home.
Round The Clock Customer Support Services
We also offer round-the-clock customer support services to our registered users. Although players can get in contact with us via our emails and phone numbers, our live chat features are available to Indonesian players around the clock.
Low Margin Odds
Unlike other bookmakers, we don’t pry on punters with our odds margins, and we are dedicated to ensuring you get the most out of your wagers. We have ensured that our odds margins are within the industry standard range, ensuring that we prioritize the returns of your wagers over our profit.