![](\"https:\/\/www.rulesofsport.com\/betting\/wp-content\/uploads\/2018\/06\/bet365-100.png\")
<\/div>\r\n Best Horse Racing Betting Sites<\/h2>\r\n\r\n\r\n BetVictor - Lots of Price Boosts plus unique markets<\/h3>\r\n ![\"BetVictor](\"https:\/\/www.rulesofsport.com\/betting\/wp-content\/uploads\/2018\/04\/betvictor-760-300x195.png\")
\r\n
If you're the kind of punter who loves a little something for nothing, then you will adore BetVictor's Bet Boosts and Enhanced Prices. These inflate the prices of selected runners in a day's card; and these aren't nags either, they are usually towards the head of the market.<\/p>\r\n
There are more feathers in their cap than just those and one of the finest is their ante-post markets, which are plentiful and available for a number of meetings; not just for the big ones either. And once you've wagered \u00a31 or more you'll even be able to live stream the race free of charge, with meetings from UK & Ireland, South Africa and UAE available for broadcast.<\/p>\r\n
And finally, how about a new market type that is complete unique to BetVictor? With Lengthen the Odds you can bet on your horse to win by a certain distance, rather than just taking the tape first. The greater the distance it wins by, the better your odds!<\/p>\r\n
\r\n Read Full Review<\/a><\/div>\r\n Visit BetVictor<\/a><\/div> \r\n <\/div>\r\n <\/div>\r\n\r\n T&Cs apply (18+). Please bet responsibly. #ad<\/div>\r\n\r\n <\/div>\r\n\r\n\r\n Coral - Faller Insurance, Good Prices and Live Streaming<\/h3>\r\n ![\"Coral](\"https:\/\/www.rulesofsport.com\/betting\/wp-content\/uploads\/2018\/04\/coral-760-300x193.png\")
\r\n
Boasting one of the most lucrative sign-up bonuses in the industry, Coral has got plenty going on that will keep horse racing punters coming back time after time. Take their suite of promotions for example: you will never have to miss out on the best price ever again thanks to best Odds Guaranteed, and if you're tired of near-misses with your betting, Coral's 'Money Back if Beaten By a Length' offer will help to ease your woes.<\/p>\r\n\r\n
If betting on those towards the head of the market is your thing then Coral will not disappoint: in our studies they ranked comfortably amongst the best bookmakers for pricing up favourites. You can even cheer your selections home via their live streaming platform.<\/p>\r\n\r\n
One of our favourite innovations from the company is Coral Connect. So when you are placing your wagers via their website, and anything from singles right through to system bets and Yankees\/Lucky 15s etc are accepted, you can pick up your winnings in hand from a Coral shop by the end of the day!<\/p>\r\n
\r\n Read Full Review<\/a><\/div>\r\n Visit Coral<\/a><\/div> \r\n <\/div>\r\n <\/div>\r\n\r\n T&Cs apply (18+). Please bet responsibly. #ad<\/div>\r\n\r\n <\/div>\r\n\r\n\r\n Ladbrokes - Excellent Promotions and Big Payout Limits<\/h3>\r\n ![\"Ladbrokes](\"https:\/\/www.rulesofsport.com\/betting\/wp-content\/uploads\/2018\/04\/ladbrokes-760-300x171.png\")
\r\n
Back your favourite horses via the sportsbook or take on the role of bookmaker and lay selections via the Exchange; the choice is yours with Ladbrokes.<\/p>\r\n
You can make your bankroll stretch further with Best Odds Guaranteed, and you can even settle in, relax and watch your selections in action courtesy of Ladbrokes' live streaming channel; perfect when you can't get to a TV and have only your mobile device for company.<\/p>\r\n
A cool \u00a31,000,000 can be won on UK & Irish horse racing cards per day, which is more than the industry standard, and with Ladbrokes' ultra-modern and aesthetically-pleasing website placing those life-changing wagers is a piece of cake. <\/p>\r\n
\r\n Read Full Review<\/a><\/div>\r\n Visit Ladbrokes<\/a><\/div> \r\n <\/div>\r\n <\/div>\r\n\r\n T&Cs apply (18+). Please bet responsibly. #ad<\/div>\r\n\r\n <\/div>\r\n\r\n\r\n Betfred - Lots Of Racing Offers Including Lucky 15\/31\/63 Enhancements<\/h3>\r\n ![\"Betfred](\"https:\/\/www.rulesofsport.com\/betting\/wp-content\/uploads\/2018\/04\/betfred-760-300x205.png\")
\r\n
If you're looking for a new bookmaker with which to place your horse racing wagers, then you could do a lot worse than Betfred and their massive range of offers - with an assortment of bonuses that will certainly keep you satisfied with your lot. Money Back 2nd is as the name suggests and is available for selected races, Price Boosts and Daily Specials ensure you get more bang for your buck and Super Bonus Races ensure eye-popping odds for particular cards. Basically, Fred Done and his team are as enthusiastic about keeping existing customers happy as they are about attracting new ones; a rare thing indeed these days.<\/p>\r\n
The website is a little shabby and in need of a facelift, but if you are the kind of punter who prefers style over substance then you could do a lot worse than Betfred.<\/p>\r\n
\r\n Read Full Review<\/a><\/div>\r\n Visit Betfred<\/a><\/div> \r\n <\/div>\r\n <\/div>\r\n\r\n T&Cs apply (18+). Please bet responsibly. #ad<\/div>\r\n\r\n <\/div>\r\n<\/p>\nHorse Racing Overview<\/h2>\n
Betting on the horses is a rite of passage for some and a weekly institution for many, whether it\u2019s an on-the-nose flutter on a favourite that is highly fancied or a small stakes Lucky 15 to add a bit of excitement when watching a meeting from home.<\/p>\n
To the layman, betting on a specific horse to win a particular race seems a pretty straightforward thing, and it\u2019s true \u2013 horse racing betting is easy to learn, and yet difficult to master profitably (that\u2019s not to say that many don\u2019t, and indeed there are professional horse racing bettors out there for whom their wagers are their sole source of income).<\/p>\n
Whether you are completely new to horse racing betting or simply want a quick refresher, in this article we have tried to publish just some of the things you will need to know in order to a) place your bets and b) hopefully pick up a winner or two along the way.<\/p>\n
At a Glance Guide to Betting on Racing<\/h2>\n
![\"Online](\"https:\/\/www.rulesofsport.com\/betting\/wp-content\/uploads\/2021\/08\/race-cards-765px.jpg\")
<\/p>\n
First things first, you\u2019ll need to have a live account with an online bookmaker, or access to a high street betting shop, to get up and running \u2013 happily, there are many welcome bonuses and promotions out there that will help you to get started in fine fashion.<\/p>\n
You\u2019ll then place your bet based on a spot of light research, from which you will learn the horses in a race that have a better chance of winning\/placing than their odds imply \u2013 this is called \u2018value\u2019 betting. Some of the parameters for shortlisting value horses can be found later in this guide.<\/p>\n
Once you have drawn up your shortlist of selections, the time has come to place your bets \u2013 as mentioned, load up your chosen bookmakers\u2019 app\/website, or get your shoes on and head into town.<\/p>\n
How to Bet on Horses \u2013 Win or Each Way?<\/h2>\n
One of the reasons people love horse racing betting so much is that you don\u2019t even need to back the winner in a race to profit.<\/p>\n
Of course, you can place a \u2018win only\u2019 bet if you want to, but the option for an each way wager should not be overlooked.<\/p>\n
What is Each Way Betting?<\/h3>\n
![\"Each](\"https:\/\/www.rulesofsport.com\/betting\/wp-content\/uploads\/2021\/08\/each-way-betslip-400px.jpg\")
In the running races at the Olympic Games, you will see gold, silver and bronze medals handed out to those finishing first, second and third. And similarly in Formula One you will note that the post-race celebrations are enjoyed by the first three drivers home, who then get to spray each other liberally with expensive champagne because\u2026 well, because they can, really.<\/p>\n
Think of each way betting in those terms: you only need your horse to finish on the podium to net a return.<\/p>\n
The actual size of your return will vary on the horse\u2019s odds, where it finished and the terms that the bookmakers are offering, because different races have different each way placings to finish in.<\/p>\n
As a rough guide, here\u2019s how many places are paid based upon the number of horses in the race:<\/p>\n
\n- 1-4 runners \u2013 win only<\/li>\n
- 5-7 runners \u2013 top two place<\/li>\n
- 8-15 runners \u2013 first three place<\/li>\n
- 16+ runners – first four place<\/li>\n<\/ul>\n
There are some exceptions to the rule, with some bookmakers offering special terms on the big races like the Grand National, where they may pay as many as eight places, and the Cheltenham Gold Cup, where they may extend their place payments based upon the prestige of the race.<\/p>\n
How are Each Way Winnings Calculated?<\/h3>\n
![\"Calculating](\"https:\/\/www.rulesofsport.com\/betting\/wp-content\/uploads\/2019\/05\/bigstock-88studio-calculating-odds-400px.jpg\")
There are a couple of things to note here: specifically, where your horse finishes, how many places are being offered and the terms that the bookie has put in place, which tend to be 1\/4 or 1\/5 depending on the size of the race.<\/p>\n
Let\u2019s run through a quick example. You have backed One-Legged Wonder in the 15:00 at Kempton at odds of 5\/1. You have placed a \u00a35 each way bet, which means that your total stake is \u00a310 – \u00a35 for the win portion and \u00a35 for the place. The bookie is paying out at 1\/5 of the odds on the first four places.<\/p>\n
One Legged Wonder wins \u2013 hurrah! To calculate your winnings, you take the win part of your bet (\u00a35 x 5\/1) and the place part (5\/1 divided by the 1\/5 place odds) and add them together, which in this case equals \u00a330 profit (\u00a325 for the win and \u00a35 for the place) plus of course your \u00a310 stake returned.<\/p>\n
One Legged Wonder places \u2013 not bad. Here, we have lost the \u2018win\u2019 portion of the bet so that \u00a35 disappears, however we get our \u00a35 place return. As such, we basically break even at these odds and with these place terms.<\/p>\n
One Legged Wonder lives up to his name and finishes last \u2013 damn. Our \u00a310 is lost, and we move on to the next race.<\/p>\n
Horse Racing Bet Types<\/h2>\n
![\"Combi](\"https:\/\/www.rulesofsport.com\/betting\/wp-content\/uploads\/2021\/08\/combi-betslip-250px.jpg\")
You can place a single wager on a horse you fancy in the win only or each way market if you want \u2013 what could be simpler.<\/p>\n
But there are additional bet types, which we\u2019ll compile together under the heading of \u2018multiples\u2019. The intriguing pay-off here is that while increasing the likelihood you will lose your stake, they also enhance your profit should it land.<\/p>\n
There are traditional multiples such as doubles, trebles and accumulators, where you need all of the horses to win\/place to get your hands on the loot. You can back multiples in win only and each way fashion.<\/p>\n
And then we have \u2018cover bets\u2019. Also known as combis for reasons that will become clear, these wagers feature three or more horse selections and your return is their combined performance, e.g. a Trixie requires you to pick three horses, and on those you will place four bets \u2013 three doubles and a treble. If two of your three horses win\/place, you are assured some kind of return.<\/p>\n
Other combi bets include a Patent (three selections and seven bets of three singles, three doubles and a treble), Yankee (four selections, no singles), Lucky 15 (four selections), a Canadian (five selections) and so on, right through to a Goliath which is an eight-fold accumulator of 247 bets.<\/p>\n
What is the SP in Horse Racing?<\/h2>\n
![\"Starting](\"https:\/\/www.rulesofsport.com\/betting\/wp-content\/uploads\/2021\/08\/starting-price-765px.jpg\")
<\/p>\n
It\u2019s interesting to know about the Starting Price (SP) in horse racing, because this may result in you getting better odds on your bets \u2013 and thus make more money if they are successful selections.<\/p>\n
The SP is calculated using an average of the odds offered by on-course bookmakers at a race meeting, with an appointed panel of judges determining the SP based upon the fluctuations in price that they observe.<\/p>\n
The majority of bookmakers use the SP, and those running the Best Odds Guaranteed (BOG) promotion \u2013 more on that shortly \u2013 will always pay out the higher amount on winning bets, whether that is at the odds you took when you placed the wager or the horse\u2019s SP at the start of the race.<\/p>\n
However, where BOG isn\u2019t offered, you have a gamble in all senses of the word \u2013 will you take the odds supplied by your bookmaker, or will you take the SP and hope that it secures a better return?<\/p>\n
How to Bet on Horse Racing and Win<\/h2>\n
![\"How](\"https:\/\/www.rulesofsport.com\/betting\/wp-content\/uploads\/2021\/08\/how-to-win-orse-racing-bets-400px.jpg\")
The title of this section is a little misleading \u2013 there simply is no guaranteed way of betting on the horses and winning.<\/p>\n
That said, you can greatly increase your chances by doing your research, studying the formbook and making a more insightful set of selections based upon what you have learned.<\/p>\n
There\u2019s an old saying that form<\/strong> is temporary but class<\/strong> is permanent. Well, in horse racing betting, we\u2019re actually looking for both \u2013 form, both as in recent performances and course form, plus class in the sense that the horses we\u2019re backing have won at the level before, or at least shown signs of being able to make the step up in grade.<\/p>\nYou\u2019ll often hear horses being referred to as course and distance<\/strong> winners, and that is another useful insight. History at a particular track should not be overlooked, because many of the UK and Irish racecourses have unique characteristics \u2013 they could be left or right handed tracks, the fences can be stiff or more forgiving, the surface can be undulating or flat, it could feature an uphill run-in, and so on.<\/p>\nIf a horse is successful at the course and has previous over the distance \u2013 many specialise at a certain length of race \u2013 then that augurs well, and for the same reason many punters avoid backing those who don\u2019t have C&D pedigree to their name.<\/p>\n
Winning at the course and over the distance is one thing, but has your horse achieved success in the prevailing conditions in the past? The weather in the UK and Ireland is changeable to say the very least, and one week the going<\/strong> can be good in a dry spell before turning to heavy if a deluge of rain comes. The going determines how soft the ground is, and some horses prefer quicker conditions while others feel right at home in a mudbath.<\/p>\nThere are certain trainers<\/strong> that thrive at specific racecourses. Maybe they are local to the area, or in the case of Willie Mullins and Cheltenham you sense the Irishman trains his horses specifically for success at the famous track. That connection, plus his or her partnership with a jockey<\/strong> with whom they\u2019ve enjoyed glory in the past, should be looked for as well as the history of an owner<\/strong> in a particular race or meeting \u2013 JP McManus, for example, has stacks of winners at the Cheltenham Festival under his belt.<\/p>\nAll of the above applies in handicap races, but there\u2019s another factor to consider \u2013 the horse\u2019s rating<\/strong> as determined by the handicapper. This will dictate how much extra weight a horse will have to carry, so if you are going to wager on the top weight then you will need to make sure that they have the class to outrun the field even accounting for that.<\/p>\nThe Best Horse Racing Betting Features<\/h2>\n
![\"Best](\"https:\/\/www.rulesofsport.com\/betting\/wp-content\/uploads\/2020\/05\/best-odds-guaranteed-765px.jpg\")
So now that you have an understanding of how to bet on the horses, you\u2019ll need to consider where you want to place them.<\/p>\n
Some punters are enticed by welcome offers and promotions<\/a> that the bookies put on the table, and it has to be said that these do offer a chance for you to build your bankroll \u2013 food for thought indeed.<\/p>\nBut clearly there\u2019s more to joining an online bookmaker than just that carrot, and we advise all of our readers to consider the perks of a long-term relationship with your chosen betting site.<\/p>\n
To help focus your mind on that front, there are some common promotions and features that you should be aware of when making your decision.<\/p>\n
The first is Best Odds Guaranteed<\/strong>, which we have touched upon already. This ensures that you get the very best price on all of your bets, which if you are betting at high volume really does make a difference in the long term.<\/p>\nThere are plenty of bookmakers that offer live streaming<\/strong> these days. You can catch all of the latest action via their mobile app, including UK and Irish racing as well as some overseas meetings from France, Australia and beyond. Even if you have a subscription to Sky Sports Racing etc, live streaming could be a factor if you are betting\/watching on the move.<\/p>\nIf you will be betting prominently on the National Hunt calendar, you will certainly be interested in promotions like faller insurance<\/strong>. As the name suggests, if your selection falls then you will have your stake refunded, and that can be of great peace of mind.<\/p>\nThere are other nice touches offered by some bookies, such as the ability to add horses to your own stable so that you are notified when they are running, but really a combination of the above plus generous odds (be sure to research which bookies offer the best prices for the type of races you want to bet on) will ensure you get the best possible foundation for your betting.<\/p>\n
And the rest is up to you. Here\u2019s hoping you can back a winner or two.<\/p>\n
Horse Racing Betting Articles<\/h2>\n
\r\n\r\n\r\nHorse Racing Bets & Bet Types<\/a>\r\n<\/div>\r\n\r\n\r\nHorse Racing Betting Rules<\/a>\r\n<\/div>\r\n\r\n\r\nGrades, Racecards & Form - A Beginner's Guides to Horse Racing<\/a>\r\n<\/div>\r\n\r\n\r\nThe Ultimate Guide to Horse Racing Handicapping<\/a>\r\n<\/div>\r\n\r\n\r\nSteamers and Drifters: What Are They and How Should They Influence Your Bets?<\/a>\r\n<\/div>\r\n\r\n\r\nBest Odds Guaranteed and Starting Price (SP): Everything You Need to Know<\/a>\r\n<\/div>\r\n\r\n\r\nHorse Racing Strategy: How to Win at Horse Racing<\/a>\r\n<\/div>\r\n\r\n\r\nForecasts, Reverse Forecasts & Exactas<\/a>\r\n<\/div>\r\n\r\n\r\nTricasts, Combination Tricasts & Trifecta Bets<\/a>\r\n<\/div>\r\n\r\n\r\nWhat is Draw Bias in Horse Racing?<\/a>\r\n<\/div>\r\n\r\n\r\nObstacles in Racing: What's the Difference Between Fences and Hurdles?<\/a>\r\n<\/div>\r\n\r\n\r\nWhy Do Some Horses Wear Headgear in Horse Racing?<\/a>\r\n<\/div>\r\n\r\n\r\nAll Weather Racing Track Surfaces, Courses & Races<\/a>\r\n<\/div>\r\n\r\n\r\nHow Does Back to Lay Betting Work in Horse Racing?<\/a>\r\n<\/div>\r\n\r\n\r\nAmateur Jockeys in Horse Racing<\/a>\r\n<\/div>\r\n\r\n\r\nHow Many Places Are Paid in a Horse Race?<\/a>\r\n<\/div>\r\n\r\n\r\nWhat Does Fell, Pulled Up, Brought Down & Unseated Rider Mean in Horse Racing?<\/a>\r\n<\/div>\r\n\r\n\r\nWhat Does Refused Mean in Horse Racing and What Happens to Your Bets?<\/a>\r\n<\/div>\r\n\r\n\r\nWhat Breeds of Horse are Used in Horse Racing?<\/a>\r\n<\/div>\r\n\r\n\r\nForecast v Exacta: Which Offers Better Value?<\/a>\r\n<\/div>\r\n\r\n\r\nTricast v Trifecta: Which Offers Better Value?<\/a>\r\n<\/div>\r\n\r\n\r\nWhat is the Official Rating in Horse Racing and Why Does it Matter?<\/a>\r\n<\/div>\r\n\r\n\r\nWhat Happens If No Horse or Only One Horse Enters a Race?<\/a>\r\n<\/div>\r\n\r\n\r\nFinal Declarations in Horse Racing: What Are They and Why Does it Matter?<\/a>\r\n<\/div>\r\n\r\n\r\nNon-Runners in Horse Racing: What Are They & What Happens to Your Bet?<\/a>\r\n<\/div>\r\n\r\n\r\nRacing Acronyms: What Does SP, PU and UR Mean in Horse Racing?<\/a>\r\n<\/div>\r\n\r\n\r\nWhat Happens If There\u2019s a Non-Runner in a Forecast or Tricast Bet?<\/a>\r\n<\/div>\r\n\r\n\r\nIs it Better to Bet On a Long Shot or a Favourite?<\/a>\r\n<\/div>\r\n\r\n\r\nWhich Horse Racing Betting Markets Have the Lowest Margin\/Vig?<\/a>\r\n<\/div>\r\n\r\n\r\nCan You Bet on a Horse Race After It Has Started?<\/a>\r\n<\/div>\r\n\r\n\r\nWhat is the 80\/20 Horse Racing Betting Strategy?<\/a>\r\n<\/div>\r\n\r\n\r\nHow to Bet on The Tote\u2019s World Pool<\/a>\r\n<\/div>\r\n\r\n\r\nCheltenham Festival Non-Runner Money Back: How Do These Promotions Work?<\/a>\r\n<\/div>\r\n\r\n\r\nWhat is the Going & How Important is it to Horse Racing Bets?<\/a>\r\n<\/div>\r\n\r\n\r\nDo Horses Run Better After a Wind Operation: Should We Bet on Them?<\/a>\r\n<\/div>\r\n\r\n\r\nJuveniles, Novices, Bumpers & Steeplechases: What are the Different Types of Horse Race?<\/a>\r\n<\/div>\r\n\r\n\r\nPlacing Bets at a Horse Race: Betting Online vs The Betting Ring<\/a>\r\n<\/div>\r\n\r\n\r\nCan a Horse\u2019s Pedigree Help to Predict the Outcome of a Race?<\/a>\r\n<\/div>\r\n\r\n\r\nWhat is Pattern Form in Horse Racing?<\/a>\r\n<\/div>\r\n\r\n\r\nHow Reliable are Handicap Ratings in Racing?<\/a>\r\n<\/div>\r\n\r\n
BetVictor - Lots of Price Boosts plus unique markets<\/h3>\r\n \r\n
If you're the kind of punter who loves a little something for nothing, then you will adore BetVictor's Bet Boosts and Enhanced Prices. These inflate the prices of selected runners in a day's card; and these aren't nags either, they are usually towards the head of the market.<\/p>\r\n
There are more feathers in their cap than just those and one of the finest is their ante-post markets, which are plentiful and available for a number of meetings; not just for the big ones either. And once you've wagered \u00a31 or more you'll even be able to live stream the race free of charge, with meetings from UK & Ireland, South Africa and UAE available for broadcast.<\/p>\r\n
And finally, how about a new market type that is complete unique to BetVictor? With Lengthen the Odds you can bet on your horse to win by a certain distance, rather than just taking the tape first. The greater the distance it wins by, the better your odds!<\/p>\r\n
Coral - Faller Insurance, Good Prices and Live Streaming<\/h3>\r\n \r\n
Boasting one of the most lucrative sign-up bonuses in the industry, Coral has got plenty going on that will keep horse racing punters coming back time after time. Take their suite of promotions for example: you will never have to miss out on the best price ever again thanks to best Odds Guaranteed, and if you're tired of near-misses with your betting, Coral's 'Money Back if Beaten By a Length' offer will help to ease your woes.<\/p>\r\n\r\n
If betting on those towards the head of the market is your thing then Coral will not disappoint: in our studies they ranked comfortably amongst the best bookmakers for pricing up favourites. You can even cheer your selections home via their live streaming platform.<\/p>\r\n\r\n
One of our favourite innovations from the company is Coral Connect. So when you are placing your wagers via their website, and anything from singles right through to system bets and Yankees\/Lucky 15s etc are accepted, you can pick up your winnings in hand from a Coral shop by the end of the day!<\/p>\r\n
Ladbrokes - Excellent Promotions and Big Payout Limits<\/h3>\r\n \r\n
Back your favourite horses via the sportsbook or take on the role of bookmaker and lay selections via the Exchange; the choice is yours with Ladbrokes.<\/p>\r\n
You can make your bankroll stretch further with Best Odds Guaranteed, and you can even settle in, relax and watch your selections in action courtesy of Ladbrokes' live streaming channel; perfect when you can't get to a TV and have only your mobile device for company.<\/p>\r\n
A cool \u00a31,000,000 can be won on UK & Irish horse racing cards per day, which is more than the industry standard, and with Ladbrokes' ultra-modern and aesthetically-pleasing website placing those life-changing wagers is a piece of cake. <\/p>\r\n
Betfred - Lots Of Racing Offers Including Lucky 15\/31\/63 Enhancements<\/h3>\r\n \r\n
If you're looking for a new bookmaker with which to place your horse racing wagers, then you could do a lot worse than Betfred and their massive range of offers - with an assortment of bonuses that will certainly keep you satisfied with your lot. Money Back 2nd is as the name suggests and is available for selected races, Price Boosts and Daily Specials ensure you get more bang for your buck and Super Bonus Races ensure eye-popping odds for particular cards. Basically, Fred Done and his team are as enthusiastic about keeping existing customers happy as they are about attracting new ones; a rare thing indeed these days.<\/p>\r\n
The website is a little shabby and in need of a facelift, but if you are the kind of punter who prefers style over substance then you could do a lot worse than Betfred.<\/p>\r\n
Horse Racing Overview<\/h2>\n
Betting on the horses is a rite of passage for some and a weekly institution for many, whether it\u2019s an on-the-nose flutter on a favourite that is highly fancied or a small stakes Lucky 15 to add a bit of excitement when watching a meeting from home.<\/p>\n
To the layman, betting on a specific horse to win a particular race seems a pretty straightforward thing, and it\u2019s true \u2013 horse racing betting is easy to learn, and yet difficult to master profitably (that\u2019s not to say that many don\u2019t, and indeed there are professional horse racing bettors out there for whom their wagers are their sole source of income).<\/p>\n
Whether you are completely new to horse racing betting or simply want a quick refresher, in this article we have tried to publish just some of the things you will need to know in order to a) place your bets and b) hopefully pick up a winner or two along the way.<\/p>\n
At a Glance Guide to Betting on Racing<\/h2>\n
<\/p>\n
First things first, you\u2019ll need to have a live account with an online bookmaker, or access to a high street betting shop, to get up and running \u2013 happily, there are many welcome bonuses and promotions out there that will help you to get started in fine fashion.<\/p>\n
You\u2019ll then place your bet based on a spot of light research, from which you will learn the horses in a race that have a better chance of winning\/placing than their odds imply \u2013 this is called \u2018value\u2019 betting. Some of the parameters for shortlisting value horses can be found later in this guide.<\/p>\n
Once you have drawn up your shortlist of selections, the time has come to place your bets \u2013 as mentioned, load up your chosen bookmakers\u2019 app\/website, or get your shoes on and head into town.<\/p>\n
How to Bet on Horses \u2013 Win or Each Way?<\/h2>\n
One of the reasons people love horse racing betting so much is that you don\u2019t even need to back the winner in a race to profit.<\/p>\n
Of course, you can place a \u2018win only\u2019 bet if you want to, but the option for an each way wager should not be overlooked.<\/p>\n
What is Each Way Betting?<\/h3>\n
In the running races at the Olympic Games, you will see gold, silver and bronze medals handed out to those finishing first, second and third. And similarly in Formula One you will note that the post-race celebrations are enjoyed by the first three drivers home, who then get to spray each other liberally with expensive champagne because\u2026 well, because they can, really.<\/p>\n
Think of each way betting in those terms: you only need your horse to finish on the podium to net a return.<\/p>\n
The actual size of your return will vary on the horse\u2019s odds, where it finished and the terms that the bookmakers are offering, because different races have different each way placings to finish in.<\/p>\n
As a rough guide, here\u2019s how many places are paid based upon the number of horses in the race:<\/p>\n
- \n
- 1-4 runners \u2013 win only<\/li>\n
- 5-7 runners \u2013 top two place<\/li>\n
- 8-15 runners \u2013 first three place<\/li>\n
- 16+ runners – first four place<\/li>\n<\/ul>\n
There are some exceptions to the rule, with some bookmakers offering special terms on the big races like the Grand National, where they may pay as many as eight places, and the Cheltenham Gold Cup, where they may extend their place payments based upon the prestige of the race.<\/p>\n
How are Each Way Winnings Calculated?<\/h3>\n
There are a couple of things to note here: specifically, where your horse finishes, how many places are being offered and the terms that the bookie has put in place, which tend to be 1\/4 or 1\/5 depending on the size of the race.<\/p>\nLet\u2019s run through a quick example. You have backed One-Legged Wonder in the 15:00 at Kempton at odds of 5\/1. You have placed a \u00a35 each way bet, which means that your total stake is \u00a310 – \u00a35 for the win portion and \u00a35 for the place. The bookie is paying out at 1\/5 of the odds on the first four places.<\/p>\n
One Legged Wonder wins \u2013 hurrah! To calculate your winnings, you take the win part of your bet (\u00a35 x 5\/1) and the place part (5\/1 divided by the 1\/5 place odds) and add them together, which in this case equals \u00a330 profit (\u00a325 for the win and \u00a35 for the place) plus of course your \u00a310 stake returned.<\/p>\n
One Legged Wonder places \u2013 not bad. Here, we have lost the \u2018win\u2019 portion of the bet so that \u00a35 disappears, however we get our \u00a35 place return. As such, we basically break even at these odds and with these place terms.<\/p>\n
One Legged Wonder lives up to his name and finishes last \u2013 damn. Our \u00a310 is lost, and we move on to the next race.<\/p>\n
Horse Racing Bet Types<\/h2>\n
You can place a single wager on a horse you fancy in the win only or each way market if you want \u2013 what could be simpler.<\/p>\nBut there are additional bet types, which we\u2019ll compile together under the heading of \u2018multiples\u2019. The intriguing pay-off here is that while increasing the likelihood you will lose your stake, they also enhance your profit should it land.<\/p>\n
There are traditional multiples such as doubles, trebles and accumulators, where you need all of the horses to win\/place to get your hands on the loot. You can back multiples in win only and each way fashion.<\/p>\n
And then we have \u2018cover bets\u2019. Also known as combis for reasons that will become clear, these wagers feature three or more horse selections and your return is their combined performance, e.g. a Trixie requires you to pick three horses, and on those you will place four bets \u2013 three doubles and a treble. If two of your three horses win\/place, you are assured some kind of return.<\/p>\n
Other combi bets include a Patent (three selections and seven bets of three singles, three doubles and a treble), Yankee (four selections, no singles), Lucky 15 (four selections), a Canadian (five selections) and so on, right through to a Goliath which is an eight-fold accumulator of 247 bets.<\/p>\n
What is the SP in Horse Racing?<\/h2>\n
<\/p>\nIt\u2019s interesting to know about the Starting Price (SP) in horse racing, because this may result in you getting better odds on your bets \u2013 and thus make more money if they are successful selections.<\/p>\n
The SP is calculated using an average of the odds offered by on-course bookmakers at a race meeting, with an appointed panel of judges determining the SP based upon the fluctuations in price that they observe.<\/p>\n
The majority of bookmakers use the SP, and those running the Best Odds Guaranteed (BOG) promotion \u2013 more on that shortly \u2013 will always pay out the higher amount on winning bets, whether that is at the odds you took when you placed the wager or the horse\u2019s SP at the start of the race.<\/p>\n
However, where BOG isn\u2019t offered, you have a gamble in all senses of the word \u2013 will you take the odds supplied by your bookmaker, or will you take the SP and hope that it secures a better return?<\/p>\n
How to Bet on Horse Racing and Win<\/h2>\n
The title of this section is a little misleading \u2013 there simply is no guaranteed way of betting on the horses and winning.<\/p>\nThat said, you can greatly increase your chances by doing your research, studying the formbook and making a more insightful set of selections based upon what you have learned.<\/p>\n
There\u2019s an old saying that form<\/strong> is temporary but class<\/strong> is permanent. Well, in horse racing betting, we\u2019re actually looking for both \u2013 form, both as in recent performances and course form, plus class in the sense that the horses we\u2019re backing have won at the level before, or at least shown signs of being able to make the step up in grade.<\/p>\n
You\u2019ll often hear horses being referred to as course and distance<\/strong> winners, and that is another useful insight. History at a particular track should not be overlooked, because many of the UK and Irish racecourses have unique characteristics \u2013 they could be left or right handed tracks, the fences can be stiff or more forgiving, the surface can be undulating or flat, it could feature an uphill run-in, and so on.<\/p>\n
If a horse is successful at the course and has previous over the distance \u2013 many specialise at a certain length of race \u2013 then that augurs well, and for the same reason many punters avoid backing those who don\u2019t have C&D pedigree to their name.<\/p>\n
Winning at the course and over the distance is one thing, but has your horse achieved success in the prevailing conditions in the past? The weather in the UK and Ireland is changeable to say the very least, and one week the going<\/strong> can be good in a dry spell before turning to heavy if a deluge of rain comes. The going determines how soft the ground is, and some horses prefer quicker conditions while others feel right at home in a mudbath.<\/p>\n
There are certain trainers<\/strong> that thrive at specific racecourses. Maybe they are local to the area, or in the case of Willie Mullins and Cheltenham you sense the Irishman trains his horses specifically for success at the famous track. That connection, plus his or her partnership with a jockey<\/strong> with whom they\u2019ve enjoyed glory in the past, should be looked for as well as the history of an owner<\/strong> in a particular race or meeting \u2013 JP McManus, for example, has stacks of winners at the Cheltenham Festival under his belt.<\/p>\n
All of the above applies in handicap races, but there\u2019s another factor to consider \u2013 the horse\u2019s rating<\/strong> as determined by the handicapper. This will dictate how much extra weight a horse will have to carry, so if you are going to wager on the top weight then you will need to make sure that they have the class to outrun the field even accounting for that.<\/p>\n
The Best Horse Racing Betting Features<\/h2>\n
So now that you have an understanding of how to bet on the horses, you\u2019ll need to consider where you want to place them.<\/p>\nSome punters are enticed by welcome offers and promotions<\/a> that the bookies put on the table, and it has to be said that these do offer a chance for you to build your bankroll \u2013 food for thought indeed.<\/p>\n
But clearly there\u2019s more to joining an online bookmaker than just that carrot, and we advise all of our readers to consider the perks of a long-term relationship with your chosen betting site.<\/p>\n
To help focus your mind on that front, there are some common promotions and features that you should be aware of when making your decision.<\/p>\n
The first is Best Odds Guaranteed<\/strong>, which we have touched upon already. This ensures that you get the very best price on all of your bets, which if you are betting at high volume really does make a difference in the long term.<\/p>\n
There are plenty of bookmakers that offer live streaming<\/strong> these days. You can catch all of the latest action via their mobile app, including UK and Irish racing as well as some overseas meetings from France, Australia and beyond. Even if you have a subscription to Sky Sports Racing etc, live streaming could be a factor if you are betting\/watching on the move.<\/p>\n
If you will be betting prominently on the National Hunt calendar, you will certainly be interested in promotions like faller insurance<\/strong>. As the name suggests, if your selection falls then you will have your stake refunded, and that can be of great peace of mind.<\/p>\n
There are other nice touches offered by some bookies, such as the ability to add horses to your own stable so that you are notified when they are running, but really a combination of the above plus generous odds (be sure to research which bookies offer the best prices for the type of races you want to bet on) will ensure you get the best possible foundation for your betting.<\/p>\n
And the rest is up to you. Here\u2019s hoping you can back a winner or two.<\/p>\n
Horse Racing Betting Articles<\/h2>\n
\r\n\r\n\r\nHorse Racing Bets & Bet Types<\/a>\r\n<\/div>\r\n\r\n\r\nHorse Racing Betting Rules<\/a>\r\n<\/div>\r\n\r\n\r\nGrades, Racecards & Form - A Beginner's Guides to Horse Racing<\/a>\r\n<\/div>\r\n\r\n\r\nThe Ultimate Guide to Horse Racing Handicapping<\/a>\r\n<\/div>\r\n\r\n\r\nSteamers and Drifters: What Are They and How Should They Influence Your Bets?<\/a>\r\n<\/div>\r\n\r\n\r\nBest Odds Guaranteed and Starting Price (SP): Everything You Need to Know<\/a>\r\n<\/div>\r\n\r\n\r\nHorse Racing Strategy: How to Win at Horse Racing<\/a>\r\n<\/div>\r\n\r\n\r\nForecasts, Reverse Forecasts & Exactas<\/a>\r\n<\/div>\r\n\r\n\r\nTricasts, Combination Tricasts & Trifecta Bets<\/a>\r\n<\/div>\r\n\r\n\r\nWhat is Draw Bias in Horse Racing?<\/a>\r\n<\/div>\r\n\r\n\r\nObstacles in Racing: What's the Difference Between Fences and Hurdles?<\/a>\r\n<\/div>\r\n\r\n\r\nWhy Do Some Horses Wear Headgear in Horse Racing?<\/a>\r\n<\/div>\r\n\r\n\r\nAll Weather Racing Track Surfaces, Courses & Races<\/a>\r\n<\/div>\r\n\r\n\r\nHow Does Back to Lay Betting Work in Horse Racing?<\/a>\r\n<\/div>\r\n\r\n\r\nAmateur Jockeys in Horse Racing<\/a>\r\n<\/div>\r\n\r\n\r\nHow Many Places Are Paid in a Horse Race?<\/a>\r\n<\/div>\r\n\r\n\r\nWhat Does Fell, Pulled Up, Brought Down & Unseated Rider Mean in Horse Racing?<\/a>\r\n<\/div>\r\n\r\n\r\nWhat Does Refused Mean in Horse Racing and What Happens to Your Bets?<\/a>\r\n<\/div>\r\n\r\n\r\nWhat Breeds of Horse are Used in Horse Racing?<\/a>\r\n<\/div>\r\n\r\n\r\nForecast v Exacta: Which Offers Better Value?<\/a>\r\n<\/div>\r\n\r\n\r\nTricast v Trifecta: Which Offers Better Value?<\/a>\r\n<\/div>\r\n\r\n\r\nWhat is the Official Rating in Horse Racing and Why Does it Matter?<\/a>\r\n<\/div>\r\n\r\n\r\nWhat Happens If No Horse or Only One Horse Enters a Race?<\/a>\r\n<\/div>\r\n\r\n\r\nFinal Declarations in Horse Racing: What Are They and Why Does it Matter?<\/a>\r\n<\/div>\r\n\r\n\r\nNon-Runners in Horse Racing: What Are They & What Happens to Your Bet?<\/a>\r\n<\/div>\r\n\r\n\r\nRacing Acronyms: What Does SP, PU and UR Mean in Horse Racing?<\/a>\r\n<\/div>\r\n\r\n\r\nWhat Happens If There\u2019s a Non-Runner in a Forecast or Tricast Bet?<\/a>\r\n<\/div>\r\n\r\n\r\nIs it Better to Bet On a Long Shot or a Favourite?<\/a>\r\n<\/div>\r\n\r\n\r\nWhich Horse Racing Betting Markets Have the Lowest Margin\/Vig?<\/a>\r\n<\/div>\r\n\r\n\r\nCan You Bet on a Horse Race After It Has Started?<\/a>\r\n<\/div>\r\n\r\n\r\nWhat is the 80\/20 Horse Racing Betting Strategy?<\/a>\r\n<\/div>\r\n\r\n\r\nHow to Bet on The Tote\u2019s World Pool<\/a>\r\n<\/div>\r\n\r\n\r\nCheltenham Festival Non-Runner Money Back: How Do These Promotions Work?<\/a>\r\n<\/div>\r\n\r\n\r\nWhat is the Going & How Important is it to Horse Racing Bets?<\/a>\r\n<\/div>\r\n\r\n\r\nDo Horses Run Better After a Wind Operation: Should We Bet on Them?<\/a>\r\n<\/div>\r\n\r\n\r\nJuveniles, Novices, Bumpers & Steeplechases: What are the Different Types of Horse Race?<\/a>\r\n<\/div>\r\n\r\n\r\nPlacing Bets at a Horse Race: Betting Online vs The Betting Ring<\/a>\r\n<\/div>\r\n\r\n\r\nCan a Horse\u2019s Pedigree Help to Predict the Outcome of a Race?<\/a>\r\n<\/div>\r\n\r\n\r\nWhat is Pattern Form in Horse Racing?<\/a>\r\n<\/div>\r\n\r\n\r\nHow Reliable are Handicap Ratings in Racing?<\/a>\r\n<\/div>\r\n\r\n