Did you know that Hong Kong has one of the most exciting and profitable horse racing circuits in the entire world? With several tracks to choose from and high rolling betting action, EZ Horse Betting is always exciting in Hong Kong. We’ve put together a brief look at the basics of horse racing in this exotic locale, and we’ll also provide some basic information about taking advantage of this circuit at your favorite online racebook.
The Elite Hong Kong Racing History
Horse racing in Hong Kong has been around since 1841. When the sport was first introduced in the region it was mainly restricted to the elite members of society. This is a common thread in the overall history of horse racing. This was right around the time that the British colonized Hong Kong in 1842 after the First Opium War. It should come as no surprise that horse racing in the region maintains a very strong European influence.
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In 1997 the colony was transferred back to China when the lease of Britain expired. Today, Hong Kong is a special administrative region of China. Horse racing continues to be as popular as it ever was. The leader of China in 1997, Deng Xiaoping, went so far as to promise that horse racing and other popular Hong Kong activities that were not a part of Chinese culture would continue.
It should also be noted that Hong Kong is one of the world’s largest financial centers. A lot of money flows throughout the region. As a result the wagering at Hong Kong race tracks can be huge. There are also special bets that do not exist in other parts of the world that can pay out vast sums of money. Some bettors have even won $13 million on a single bet!
Hong Kong Race Tracks and Race Meets
There are two primary racing venues in Hong Kong. Happy Valley is located on Hong Kong Island. The Sha Tin Race Course is located in the New Territories. Both of these venues offer world-class horse racing at the highest level. There is a great deal of passion in the region for horse racing. On any given day at the track you will see fans yelling and screaming for their favorite horses at huge events like the Hong Kong Derby or Champions Day.
The entity that oversees racing in this area is the Hong Kong Jockey Club. It is responsible for seeing that the rules of racing are enforced and managing the betting that happens on the track. The club also does a great job in arranging the presentation of its racing carnivals throughout one of the longest racing seasons that the world has to offer. Racing in Hong Kong runs from September to July of the following year. For ten months out of the year you can bet on horses in Hong Kong.
The race tracks typically conduct their racing at night. Race meets are called carnivals. An entire cultural event is built around these racing carnivals. It includes music, food, and drink. In Hong Kong racing celebrated like it is in few other areas of the world.
The Quality of Horse Racing in Hong Kong
One of the things that makes horse racing in Hong Kong so attractive is that the racing is of a very high quality. The Hong Kong Jockey Club has created an environment where the racing purses are very high. The possibility of winning a lot of money entices many horsemen to bring their horses to the region to compete for millions of dollars. This is good for the bettor because the best horses fill up many races.
In Hong Kong most of the horse races are contested on the turf, or grass, surface. This is common in almost every area of the world except the United States. Racing on grass can sometimes be a more competitive affair than racing on the dirt. Each race is filled with horses that have the potential to win. This means that odds on horses are higher, and that means a bigger payout for you!
If you ever have the chance to attend the races in Hong Kong in person we would recommend that you take the opportunity. Just be prepared to spend a lot of money on your trip. It can also be quite expensive just to stay in Hong Kong for any period of time. Thankfully, there is a better way that you can bet these thrilling races.
Can You Bet Hong Kong Horse Races Online?
Today is the era of the online racebook. Many handicappers are choosing to bet online because they feel that this type of wagering offers them more options. At most online racebooks one of those options is Hong Kong racing. You can find it right alongside the betting options for tracks in America, Europe, and Australia.
Betting Hong Kong horse racing online for real money is no different than betting races from other areas. You are presented with a betting menu that included all the wagers like win, place, show, and exotics. You are allowed to select an amount to bet. In many cases the minimum bet will be $2USD. Then you simply pick the horses that you would like to wager on and submit your bet. Nothing could be easier.
You also find that many online racebooks will give you a bonus just for creating an account and making a deposit. They may even match your opening deposit dollar for dollar. You can use this free money to play the races and hopefully increase your betting bankroll. Now, it is time to explore some horse betting sites so do check our Bovada racebook review, Twinspires review or even our Betamerica review. All great choice if you are in the US. 5Dimes review for folks anywhere!
Hong Kong Racing Offers Special Bets
There are some bets that you will find in Hong Kong that are not available anywhere else. Even better, some of these bets can pay huge jackpots. We’ll get to that in a moment, but first let’s talk about bets like the Triple Trifecta.
A Triple Trifecta is a very unique wager that was once offered in the US. Now, Hong Kong might be the only area in the world where the bet is still made. It is a very hard bet to hit but the rewards can be in the millions. To play the bet you will need to pick the first three finishers in correct order for three consecutive races. The races that are chosen to complete the sequence are generally the toughest races the track has to offer.
But there is a catch. A Triple Trifecta is a type of progressive wager. To qualify for each successive leg of the bet you must be correct in the leg prior. In other words, to advance to leg two you must hold a winning ticket for leg one. To make it even harder, you only get one ticket for each winning ticket that you hold.
Let’s say that you have three winning tickets from the first leg. You will then be allowed to make three wagers on the second leg. If one of these wins you will have one active ticket in the third leg. In some cases the bettor is allowed to make as many bets as they like on all three legs. It depends on the policy of the track about this bet.
When no one wins this very hard bet the money in the pool is carried over to the next day. This continues to happen until someone wins the jackpot. There have been jackpots in excess of $13 million dollars in Hong Kong.
Hong Kong Racing Revenues Benefit Charities
Another great thing about racing in Hong Kong is that a portion of the revenues earned from race betting go to support certain charities. This is a nice touch that should make you feel good about betting on Hong Kong horse racing whether you win or lose.
The amount of revenue that can be generated by Hong Kong races can easily top millions in a single racing meeting. That is a lot of money that can be devoted to good causes.
So, are you ready to start betting the races in Hong Kong? Sign up for an online racebook account today and wager with your computer, phone, or tablet.
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