Horse Racing Betting Sites in Nigeria

If you want to gamble on horse racing without having to go to a racecourse, you will need to go online. Players from Nigeria can legally bet on some of the biggest and best horse racing events from all around the world.

But, only a small number of betting sites offer horse racing on their sportsbooks, with only four legal, safe and trusted betting sites making our list. Still, you will not need any other bookmakers, as they easily offer the best horse racing betting experience for Nigerian customers.

#1 Best Horse Racing Betting Site in Nigeria - 22Bet Nigeria

22Bet Nigeria is one of the only bookies we have seen that offers horse racing for players from Nigeria. You can find a wide range of horse racing events from all around the world and virtual horse races that run 24/7. Bet on famous events such as the Grand National, Cheltenham, Kentucky Derby and many more.

Highlights:

• Offers horse racing events from all around the world
• Ante-post markets
• In-depth stats for each race
• 24/7 virtual horse racing

#2 Best Horse Racing Betting Site in Nigeria - Betway Nigeria

Betway Nigeria only offers virtual horse racing at the moment. But, players can choose from a wide range of different horse races than run 24/7 with live streams for each race. Overall, the horse racing product on Betway Nigeria is not great, but they are one of the best sports betting sites and regularly offer the highest soccer odds.

Highlights:

1. 24/7 virtual horse racing
2. Live horse racing streams

#3 Best Horse Racing Betting Site in Nigeria - bet365

bet365 is one of the best sports betting sites in the world, and with its UK roots, horse racing's popularity has seen bet365 build a comprehensive racing product. But, you can not deposit or play in Nigerian Naira on bet365.

You will find a wide range of horse racing events across the world each day, and bet to watch live streams on select events. Also, bet365 offers Antepost (bet before racing course betting market has opened) on 100's of popular horse racing events around the world including Cheltenham, The Grand National and many more.

Highlights:

1. 200+ Daily races + virtual horse races every 3 minutes
2. Live horse racing streams (bet to watch)
3. Syndicate betting on Toteplacepot, totequadpot, and totejackpot
4. Race alerts (notifications for race off and results)
5. Enhanced odds
6. Best odds guaranteed

Best Odds Guaranteed - Place a bet on any horse race and if your selection wins and the SP (starting price) is greater you will get paid out at higher odds.

bet365 offers horse racing events from these countries:

1. UK and Ireland
2. Australia and New Zealand
3. India
4. Japan
5. South Africa
6. USA
7. Saudi Arabia
8. France

After selecting a bookmaker for horse racing betting, it is necessary to understand the different markets available. As with other sports, there is an awful lot of choice out there.

But perhaps horse racing is unique in the world of sport in the sheer amount of confusing terminology surrounding types of bets.

In order to help newcomers to get their heads around the jargon, here are some of the most common racing betting options - and what they are:

• Winner: A simple place to start, winner markets are easy to understand. This is a just bet on a horse to cross the line in first place, nothing more than that. 
• Each Way: Each way betting on horse racing involves two bets - one on the horse to win and one for them to finish in the places. The number of places paid depends on the number of horses in the race, as well as the bookmaker. Some betting sites offer extra place races. When betting each way, it is important to remember the stake is doubled.
• Place only: Betting on a place only market is similar to each way wagers, except the half of the bet on the to win element is missing. Backers only need the horse to finish in the places to win the bet.
• Forecast: To win a forecast, backers must predict the horses that finish first and second in a race. Reverse forecasts are also available at many online bookmakers in Ireland, as well as straight forecast bets.
• Tricast: A tricast is similar, but the first three horses in the race have to be selected. 
• W/O Favourite: When betting on the without favourite market, the horse with the shortest price at that time is omitted. This can be a popular bet when there is a runaway favourite for a particular race.
• Matched bets: Matched bets are increasingly popular as a way to make risk-free money out of online betting. This tactic involves using free bets and betting exchanges to cover all the potential outcomes of a race to lock in guaranteed profit whatever happens.
• Insurebet/Coverbet: In this type of bet, the bookmaker will refund the stake if the horse does not win but finishes in the places instead. As a result, the prices available for an insurebet or coverbet wager tend to be lower than when backing a horse just to win.
• Each Way Extra: This is a promotion by which horse racing fans can add extra places to their each way wagers in exchange for a reduction in the price offered.
• Tote: Betting on horse racing with the Tote is different to using a bookmaker or a traditional betting site. Instead of the bookmaker holding the money, all the cash wagered goes into a central pot, with winners receiving a share of the total cash.
• Single: A single bet is easy to understand - it is selecting one horse to win their race.
• Double: In a double, a second horse is added in order to improve the price available.
• Accumulators: As with in other sports like football, accumulator bets are popular in horse racing. The more horses that are added, the higher the potential winnings are. But on the flip side, accumulators with many horses are incredibly hard to win.
• Trixie: This is a type of horse racing bet made up of four selections: three doubles and a treble. If just one of the three horses wins, the bet is a loser, but if two win then a profit might be made, depending on the odds of the selections.
• Patent: The patent is like a trixie bet, but taken to the next level. There are seven bets covered by the patent, three singles, three doubles and a treble. What this means is that even if only one of the horses wins, the backer will still receive a return on their wager.
• Yankee: This one is a bet for four horses. The Yankee is made up of 11 different bets: six doubles, four trebles and a four-fold accumulator. Remember that when betting on an option like the Yankee or the patent, the stake is multiplied by the number of lines. 
• Lucky 15: A Lucky 15 bet on the horse racing is the same as the Yankee, but with the addition of four singles on each of the selections. This means backers of a Lucky 15 bet will at least get something back from their bet even if just one of the horses wins. It is also possible to back a Lucky 15 bet each way, which multiplies the stake even further.
• Lucky 31: The Lucky 31 works in a similar way, but with an extra horse added. There are therefore 31 different lines to the bet, as follows - five singles, 10 doubles, 10 trebles, five four-fold accumulators and a five-fold accumulator to round it off.
• Placepot: All leading online bookmakers offer a placepot and this is a popular type of horse racing bet because it offers the chance to win a massive amount of cash from a relatively low stake. Backers of the placepot pick a horse they think will finish in the places for six pre-selected races. If all six do finish in the places, winners receive a share of the pot, in a similar way to the Tote mentioned above.