NFT horse racing can sound complicated to new players but it is similar to real-life horse racing. The horse racers can purchase their digital horses, breed them and engage in online races with other players from around the world.
The details as to how NFT horse racing metaverse gambling operates might confuse some people. Ideally, it involves real money horse racing within online betting platforms (sites). In this guide, we are going to expound on NFT horse racing, what it is, how it works, what you can do, bonuses, why people pay for it, and how to get started.
NFT Horse Racing Metaverse & Bonus
De Race Bonus Offer & ReviewDeposit with
- NFT Horses
- NFT Horse Marketplace
Oly Sport Review & Bonus OfferDeposit with
- NFT Horse Market place
- NFT Horse Breeding
- Esport Racing
- Decentralized network
- Horse Racing
- NFT Marketplace
Zed Run Review & BonusDeposit with
- Free Racing Bonus
- Live Streaming
- NFT Digital Horse Racing
What is NFT horse racing: is it betting?
Just like horse racing in the real world, NFT horse racing is an easier version. You buy, breed, and engage your horses in online races and collect real currency upon winning. The only difference is that it is digitized in NFT form.
For example, ZED Run is the most popular NFT horse racing platform that offers digital horses that race against each other. The players buy a horse with real money which costs between a few hundred dollars to around $100,000. Every horse has a set of characteristics that determine its performance and price. Players also pay to breed their horses with other horses. It is similar to other online games but the twist is the horses are offered as NFTs and the game is based on blockchain.
How does it work?
NFT horse racing involves purchasing digital racehorses with cryptocurrency and racing them against other horses in the metaverse platforms like DeRace, Zed Run, etc. The winners win real money similar to real-life racing. Rather than owning several horses, owners will be able to breed them and get profits by selling them to investors and collectors.
The cost of digital horses goes for as low as $130. The more attributes a horse has the higher the cost. Some high-grade horses cost as much as $50,000. While such a cost is very high, it is cheaper than maintaining a horse in real life. In addition to that, it is cheaper to enter races with players paying as low as $2 to $15 as entry fees.
Therefore, the most significant differences between NFT horse racing and real-world horse racing are:
- Collectability and exclusivity.
- Horse racing cost.
- Effort and time taken to buy breed and race your horse.
Popular NFT metaverses
There are various secondary marketplaces where you can buy NFTs. Users can buy non-fungible tokens or buy horses from other players. The top marketplaces for people passionate about horse racing betting metaverses are:
- Zed Run
- Win Nft Horse
- Photo Finish
These platforms enable users to sell, trade, and buy digital horses for racing. They can also use them for breeding and generating a hybrid horse with better performance. Most crypto coins used in virtual NFT horse racing platforms such as De Race and $DERC are found in Uniswap, gate.io,pankaceswap.finance, crypto.com among others.
NFT horse racing games and sites
Despite NFT horse racing being a new concept in the market, some tech companies have attracted digital investors and new users. The new platforms provide an exciting way of participating in virtual racing using cryptocurrency to manage and fund stables and racehorses. NFT horse racing is expected to be the next big thing in digital betting, gambling, and investing due to hundreds of daily races and breeding a personal bloodline. In this section, we will look at the major NFT horse racing digital platforms.
It was launched in 2021 and players can buy, sell and breed horses that have different DNAs such that no two horses resemble each other. The players take part in a 12-hour race and the top three winners take home real money payouts. The players buy horses on Binance NFTs and offer monthly contests and promotions.
Zed Run launched in 2021 and has partnered with NASCAR to offer NFT horses. The players can buy horses, build stables and participate in horse racing events to win real money. Players can generate a steady flow of income by studding out horses. The Zed Run site enables you to see the current winnings, standings, results, and many more.
On this site, anyone can own a horse, start racing and earn money. A pre-sale will be held in 2022 and 2023 whereby players will buy the first minted horses sold as NFTs. One horse will be owned by a single user or multiple users in proportional shares respectively. Players can buy premium horses with $MAX.
De Race provides a platform for NFT horse racing built on blockchain technology. Players can enter races, gamble on them and even interact with their NFT horse using virtual reality. It is possible to even build your own NFT hippodrome.
Bonuses and promotions
NFT horse racing sites offer monthly tournaments and promotions with real money prizes of up to $25,000 like in Oly Sport.
The player whose horse performs well in a tournament in Maxima Horse is offered a bonus of $MAX.
How can you start with NFT horse racing?
The first step is opening a Metamask account. It is offered as a Chrome extension that assists with crypto transactions. NFTs cannot be bought using fiat money you need wallets like Metamask to manage cryptocurrencies like Ethereum.
After creating Metamask you can follow the steps below:
- Choose a trusted NFT horse racing platform like Oly Sport, Zed Run, Maxima Horse and open an account.
- You should have enough Ethereum to create a stable and buy a horse.
- Pay entry fees and enter horse racing events
- If your horse wins you will win real money credited to your account.
- Build your stable by purchasing more horses and by breeding.
In summary, almost every physical activity is becoming digital. With the introduction of NFTs and the blockchain technology, new opportunities are being opened offering new experiences. This is the right time for any aspiring entrepreneur to make capital out of these to forge their own path of success.
Breeding horses involves a mare and a stud. You can buy them online and each horse is different from the other whereby breeding them affects both performance and looks.