Horse Racing Betting

Published on Feb 14, 2019


There is a huge range of multiple bets and special markets available to horse racing punters. The recent rise of bet fair and the betting exchanges has widened the range of markets still further.

Early prices and starting prices

Bookmakers provide early prices on every race in the United Kingdom and Ireland, normally available by late afternoon on the day before racing. Most bookmakers nowadays give the insurance of guaranteeing a “best price”. Should the returned starting price be better than the early price taken?

The early prices are constantly updated on stream so that you can search around for the best value in the market. The comparison sites of odds bring all the top bookmaker’s prices together on one easily readable page so that you can instantly compare the prices. This site not only highlights the best price but also indicate which horses are shortening or lengthening in price.

Betting to Win

This is a straight forward bet on the horse you choose to win the race. 

Betting Each Away

Each way bet is two bets on the same horse. Half of your total stake is bet on the horse to win and a half on it to be placed. When your selection wins, you win on both parts of the bet. The place part of the bet is paid out at a fraction of the win odds.

The fraction of the odds on the place bet depends on the type of race and also the number of runners. A minimum of five runners is needed to be able to bet each way.

5- 7 runners payout on a first second and second place at 1/4 odds. Meanwhile, 8 or more runners payout on a first, second and third place at 1/5 odds.

In handicap races, the payout is 1/4 odds as follows:

  • 12- 15 runners payout on a first, second and third place at 1/4 odds.
  • 16 or more runners payout on the first four places at 1/4 odds.

These are all subject to the special offers on featured events with bookmakers paying each way down to the fifth or sixth place for big races such as Grand National.

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