Horse Race Betting in Singapore 2024
If you’re new to online sports betting in Singapore, then exploring horse race betting is an excellent way to get involved in the local racing culture of the country. The racecourses of Singapore will not only provide you with a jam-packed full of entertainment but also boast a lively atmosphere with affordable entry fees.
Even though Singapore’s gambling laws prohibit betting online and illegal bookmakers, you can still engage in secure and trusted online betting sites like Red18.
Singapore Horse Racing History
Horse racing in Singapore has a vibrant history and it was first introduced in the county by the British in 1802. Then, its first horse racing event happened in 1843 and was organized by the newly established Singapore Sporting Club. Then in 1924, the club changed its name and became the Singapore Turf Club we know today.
Throughout the year, Singapore hosts horse racing events every Friday night and Sunday during the daytime. Furthermore, betting markets for Singapore races typically open the day before the event and it allows betting fans to explore the latest horse racing odds offered by different bookmakers.
Horse racing holds significant appeal for gamblers in Singapore because of its many betting options. In addition, the sport is packed with information and cultural sense and these further fuel the interest of Singaporeans in horse racing betting.
Horse Racing Events In Singapore
Kranji Mile
This horse racing event was established in 2000 to celebrate the grand opening of Singapore’s Kranji Racecourse. Kranji Mile is a large horse racing event that covers 1,600 meters and is open to horses aged 3 and up. Initially, this horse racing event is held in October as part of the Singapore Triple Crown Series. But in May 2018, it shifted to take the place of the Singapore Airlines International Cup. Now, it’s open to international horses by invitation and the current prize money for this event is S$1,000,000.
Lion City Cup
This horse race competition was founded in 1974 as a handicap race. But in 1991, the Lion City Cup became a 1,200-mete weight-for-age competition. The current prize money for this event is S$300,000.
QEII Cup
The Queen Elizabeth II Cup was first held in 1972 to honor the late Queen Elizabeth II’s visit to the Singapore Turf Club. The race is open to horses aged three and up and acts as a warm-up race for the Singapore Gold Cup. It now covers a distance of 1,800 meters and has prize money of S$300,000.
Raffles Cup
Named after Sir Stamford Raffles, who founded Singapore, the Raffles Cup is a top-tier horse race covering 1,600 meters and is open to horses aged three and above at Kranji Racecourse. The Raffles Cup kicks off the Singapore Triple Crown Series and the Queen Elizabeth II Cup and the Singapore Gold Cup follows after. This yearly horse event is usually held during the first week of November.
Singapore Derby
The Singapore Derby stands out as the most lucrative competition for young thoroughbred horses and is held in July at the Kranji Racecourse. This 1,800-meter domestic Group 1 turf race is limited to four-year-old horses and is run on a left-handed track. Winning this race often sets the stage for a potential Horse of the Year title in the following years. If you want to participate in horse race betting online, you can conveniently do so at Red18.
Singapore Gold Cup
The Singapore Gold Cup started in 1924 at Serangoon Road Racecourse in Farrer Park and ran there until 1933. After that, it shifted to Bukit Timah Racecourse. From 1999 onward, it moved to the present Kranji Racecourse. To celebrate this move, the Singapore Turf Club increased the Singapore Gold Cup prize money to $1 million and extended invitations to international competitors.
Types of Horse Racing Bets
Win-Place-Show Bet – A win-place-show bet is a solid choice when you believe a long shot has a good shot at winning a race. This bet involves three separate wagers: a win, a place, and a show bet.
- Win Bet – you’re betting on a horse to win the race.
- Place Bet – you’re wagering on a horse to finish either first or second.
- Show Bet – a bet on a horse to finish first, second, or third.
Exotic Bets – In horse racing, bet types such as vertical (intra-race) and horizontal (multi-race) exotic bets are generally harder to win compared to straightforward bets. However, they offer bigger payouts as a result.
Quinella Bet – A quinella bet is similar to an exacta wherein you win if your ticket correctly picks the first two finishers in a horse race.
Horse Race Betting At Red18 Online Betting Singapore
Red18 is the best place for horse racing betting in Singapore. Our platform is your one-stop shop for all your online betting needs – from horse racing odds to various betting options. Plus, we offer fantastic sports betting bonuses to boost your chances of winning. If you’re ready to back your favorite horses and jockeys, head over to Red18 today!
