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BETWAY: THE HOME OF HORSE RACING

Posted on Tuesday, 07 May 2024

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There’s no better place to get in on the horses, with a large variety of races constantly on-the-go, and plenty of exciting ways to bet that are designed with the horse racing punter in mind.

Horse Racing Markets

If you’re interested in betting on horse racing, visit the Betway site, navigate to the Horse Racing tab and see exactly which races you want to bet on. You’ll find a range of ways to get in on the action with some of the most competitive odds available.

Try out these bet types:

Winner

This is when you bet on a particular horse to win a race. The lower the odds are, the more of a favourite with the bookies that horse is to win. You can also check a horse’s form by clicking on the race and looking at the “form” column where you can see where the horse placed in previous races. Read this from right to left; the number will be the position they came in, and if it’s a zero it means the horse did not place in the top 10.

Each Way

Combine outcomes in this bet. Choose a horse to win the race, and to place, i.e. come in first, second or third position overall. If the horse wins the race, you win both bets and get both payouts, if it places but does not win, you’ll win your Each Way payout.

Place/Position

Bet on a horse to come in the top three or four depending on the number of horses in the race. There is also a market to select the exact position that the horse will finish.

Ante Post Betting

This allows you to get in on races ahead of time, before the final field has been decided, so the odds are always better. The risk is if the horse you bet on doesn’t make the final field, in which case you will lose your bet.

Tax Scratch

Tax Scratch is exclusive to Betway. As a part of horse racing betting, it is required by law that all winnings are taxed 6%, so, for example, if you win R100, your return would be cut down to R94. What Betway will do for you is fund that 6% winning tax back instantly on all horse racing bets, so you can fully enjoy all the latest derbies and events and get the full return on any wins without worrying about the tax on winnings.

Tote Betting

Pick your horses and go into the cumulative pool of punters when you place Tote bets. Everyone who wins their bet gets a share of the payout, meaning if you backed a horse that was unpopular and it wins, you’ll get a greater share of the win. To place Tote bets, visit the Horse Racing tab and switch the view to “Tote”.

Exacta, Trifecta, Quartet

These are bet types that focus on predicting the exact finishes of a particular horse:

  • Exacta: bet on the horses to finish first and second in the exact order.
  • Trifecta: bet on the horses to finish first, second and third in the exact order.
  • Quartet: bet on the horses to finish first, second, third and fourth in the exact order.

The horses must finish in the exact positions that you chose in order for your bet to win.

Tote Rewards Club

Exclusive to Betway, the Tote Rewards club rewards all punters at the end of every month. Join Betway’s Tote Rewards Club and each month we’ll tally your total bets placed on the Tote and you’ll earn 6% back on all settled Tote wagers. No Free Bets, no playthrough – just money in your pocket.

The Betway Summer Cup

Betway is proud to sponsor the Summer Cup, a sensational and entertaining race that takes place every year at the historic Turffontein racecourse, with a huge prize pool at stake. Betway will run exclusive offers and promotions around the race every year, so keep a lookout for how you can get in on all the action.

Our Horse Racing Ambassadors

Betway has partnered with some of the most respected icons in the industry to show authenticity and dedication to the sport.

  • Sean Tarry
    A multiple award-winning, prolific horse trainer, Sean Tarry is in the top of the rankings of South Africa’s best.
  • Mike de Kock
    Another award-winning, prolific horse trainer, Mike de Kock holds the record for most Grade 1 wins for a South African trainer: 125, and has also trained over 3,400 winning horses across the world.
  • Kelly Mitchley
    One of the fastest rising stars on the South African horseracing firmament, Gqeberha female trainer Kelly Mitchley. Over the last 20 months later she has 86 winners on the board – with a five-timer fest on a fabulous Fairview Friday on 15 March 2024 to crown it all.
  • Anton Marcus
    SA Champion Jockey and horse racing pundit.

Betway is licensed and regulated by the Western Cape Gambling and Racing Board. Bookmaker License Number:10181496-010 first Issued on 1 December 2016.

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Sign up for a account today and see why it’s the best place to punt.

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