Horse racing fans in Singapore can visit Kranji Racecourse twice a week to see a variety of exciting meetings. Each week, racing is held at the opulent venue on Friday and Sunday, with up to 30,000 spectators filling the five-story grandstand to watch the action. Every week, the top bookmakers accept bets on racing in Singapore, and many of them allow you to watch the action live on your mobile or desktop. Because Singapore has no breeding industry, all thoroughbred stock is imported, primarily from Australia and New Zealand. Many of Singapore’s licenced trainers and jockeys are also Australian, so it is popular among Aussie punters. Apart from two major international races – the Kranji Mile and the Lion City Cup – and a few cross-border races open to Malaysia-trained horses, the majority of the races are restricted to locally trained horses.
The history of Kranji Racecourse and its predecessor is covered in this Singapore racing guide. Bukit Timah It will also highlight the key races to watch for each year, the prize money available, and how to bet on the action. Continue reading to learn more about the fascinating world of Singapore racing.
Kranji Turf Club
The Singapore Kranji Turf Club was established in 1842. The founder was Scottish businessman William Henry Macleod Read, chairman of the Singapore Chamber of Commerce. In 1843, the very first race was conducted in what is now Farrer Park. Because it was an amateur sport at the time, the grounds were also used for golf and sheep grazing, which apparently wreaked havoc on the ground.
Singapore racing grew in popularity over the next few decades, and in 1927, the Singapore Kranji Turf Club purchased a portion of the Bukit Timah Rubber Estate in order to build a new race track. Bukit Timah Racecourse, Singapore’s second racecourse, opened in 1933. It quickly became a major sporting venue in the city, but World War II halted operations, and Singapore racing did not resume until 1960.
However, racing became so popular that two massive grandstands were built, allowing Bukit Timah to host up to 50,000 spectators. By the end of the twentieth century, Singapore racing had outgrown Bukit Timah, so the Singapore Kranji Turf Club relocated to Kranji, a gleaming new racecourse in the north of the island near Singapore Zoo.
On an annual basis, Singapore hosts a plethora of exciting races. The Singapore Kranji Turf Club used to host two prestigious races for international competitors, the International Cup and the International Sprint, with large prize purses, but they were discontinued in 2015. The Singapore Turf Club, on the other hand, reintroduced two international races to their program in 2019, with the Kranji Mile and the Lion City Cup both accepting foreign raiders.
Kranji Race Card and Tips
Horse racing wagering is done via parimutuel betting. Whilst sports betting pits the sports book against the bettor, parimutuel betting pits bettors against each other. Individual pools are created for each type of wager (for example, win bets, exacta bets, etc.). The track deducts administrative fees and returns the remaining pool to winning bettors.
Kranji race card odds fluctuate in the run-up to the race because they are determined by the amount of money in the pools. A track official will publish the morning lines prior to each race day. Those morning lines are a forecast of where the odds for each horse will finish when the race begins, and they have no bearing on potential payouts. Using the morning lines as a starting point, as more money is poured into certain horses, their odds will fall. Horses that aren’t attracting much money in the win pool will see their odds increase. Those odds will fluctuate all the way up until the gates open and the race starts.
The most important thing to remember is that the odds/payout you will receive are determined by when the Kranji race card begins, not when the bet is placed. If you bet on a horse at 5-to-1 three minutes before the race and he runs at 3-to-1, you’ll be paid at the 3-to-1 odds. In contrast, if you bet on a horse at 5-to-1 and he runs at 8-to-1, you’ll get a nice increase in payout.
The wonderful thing about Kranji race card is that you can make it as simple or as complicated as you want. Horse racing payouts are determined by $2 win bets in their most basic form. If you bet $2 on a horse and it wins at 2-to-1, you will profit $4 and collect $6 as your return on investment. If you bet $2 on a horse and it wins at 5-to-1, you will profit $10 and collect $12. If you place a multi-race wager (such as a Pick 3, Pick 4, etc.), you will know what your possible gains is if your ticket is still alive at the end of the sequence. For each horse and bet type, the track will display “Will Pay” amounts. If the final leg of your multi-race wager wins, you will know exactly how much money you stand to make.
How do you bet on horse racing?
There are two basic options: betting online or at a racetrack or casino. If you are betting in person, you must tell the teller the track you are betting on, the race number the horse is entered in, the amount you are betting, the type of bet you are placing, and the saddlecloth number of the horse you want to bet on. When betting on the horses, you have two types of wagers to choose from: straight wagers and exotic wagers. I recommend that beginners stick to straight bets. They’re simple and inexpensive. Simply choose one horse to finish first, second, or third. Most tracks have a $2 minimum bet for a straight wager.
Exotic bets allow you to place bets on multiple horses in a single wager. Exotic bets are generally much more difficult to win than straight bets, necessitate a higher level of skill and knowledge in horse picking, and are more expensive. However, the payoffs on exotic bets are much higher than those on straight bets.