Experienced sports journalist and editor covering multiple aspects within the sports and betting industry. A football, NFL and rugby specialist, he is a judge at the Football Content Awards.
Top 10 Horse Racing Betting Sites
These are the best horse racing betting sites in the UK based on data collected by our expert team. We’ve analysed hundreds of data points across over 90 different horse betting sites to establish which offers the best service. We've factored in everything that racing bettors are after – markets, competitive odds, live streaming, promotions and bonuses, and plenty more. Not only are we giving you the definitive list, but we’ll also say which is best for each type of bettor.
- Scores in our Top 10 for three categories
- Excellent free bet club
- Rank in our top 10s for ten different categories
- Live stream horse racing, basketball (NBA), football, cricket and tennis matches through William Hill TV
- Super Quick Sign-Up Process
- Excellent Bet Club For In Play Betting
- Low Minimum Deposit of £5
- Top three ranked bookie for app, BOG and bet builder
- Independently Owned Betting Service for 20 years
- Super Fast Withdrawals and £5 minimums
- The no.1 ranked UK bookmaker for darts
- Rank in our top 10 bookmakers for nine different categories
- Ranked #1 For Footy Accumulators
- Must have account for Arbitrage Betting
Top 10 Horse Racing Betting Sites and Why
To expand upon the data presented at the top of this page, we delve deeper and explain the factors contributing to these bookmakers qualifying as the best for horse racing betting fans.
1. Betfred
Betfred comes out top compared to the very best horse racing betting sites. You get fantastic horse racing odds with Betfred, with the bookmaker utilising Racing Post content and horse racing tips to enhanced their daily horse racing cards – it's packed with helpful racing info and stats. You also get Betfred Best Odds Guaranteed offer available daily on all UK and Ireland horse racing bets, from 8.00 am. For example, if you get a tip for horse racing, take the 6/1 Early Price and your selection wins at 8/1, Betfred will pay you at 8/1. The Betfred BOG applies to single and multiple bets placed and has a no limit set on the maximum benefit. BetFred offers the best bonus for Lucky 15s, returning with only one winner from the four selections. Add to that a bonus if all four selections are correct, and further bonuses for the Lucky31, and Lucky 63 variations, and you see why BetFred are labeled the 'Bonus Kings'.
If you’re looking specifically for welcome offers or free bets you can head directly to the BetFred free bets page.
Pros
- Incredible Lucky15 bonuses.
- Great odds across the board.
- Best Odds Guaranteed from 8:00AM.
Cons
- Not many promotions.
2. QuinnBet
The horse racing section at QuinnBet is very good – I counted 12 different promotions for horse racing alone. There’s an Acca Boost and Acca Bonus, free Tricast and Forecasts bets on selected days, and Yankee Bonuses. This is on top of Fallers Insurance, Extra Places and money back as a free bet if your horse finishes 2nd to the favourite. QuinnBet also have BOG (Best Odds Guaranteed). This is on all UK racing, with multiples included, and from 8:30am each day.
If you’re looking specifically for welcome offers or free bets you can head directly to the QuinnBet free bets page.
Pros
- More horse racing promotions than any other bookie, including free Tricast and Forecast bets.
- Fallers Insurance, Extra Places and money back as a free bet if your horse finishes 2nd to the favourite.
- Best Odds Guaranteed from 8:30AM.
Cons
- No live streaming available.
3. William Hill
This is something that William Hill is known for and there aren't many sites that can match this iconic bookie for pure odds. Their horse racing product is exceptional and within the racing section you’ll see racecards for upcoming meets, all the races which have extra places offered, as well as the ability to build your own racecard. William Hill offers Best Odds Guaranteed to its customers. You can get BOG after 10am on race day of all UK and Irish races, including in multiples, and with a maximum restriction set at £2,500.
If you’re looking specifically for welcome offers or free bets you can head directly to the William Hill free bets page.
Pros
- Among the best odds across the industry.
- Fantastic form and statistics, with racecards for every meet.
- Build your own racecard feature.
Cons
- No Best Odds Guaranteed for Irish races.
4. bet365
Bet365 currently rank as the 4th best horse racing betting site due to the odds and bonuses offered. We've taken plenty of things into account, including odds, event coverage, ante post markets, cash out, BOG and much more to form this rating, but it's their BOG that really excels, as it's the second best in the country. This heavyweight’s offering is a little different. They have zero restrictions on capped benefits, and they offer Best Odds Guaranteed on greyhounds, as well as racing, although they don't offer it on multiples.
If you’re looking specifically for welcome offers or free bets you can head directly to the bet365 free bets page.
Pros
- Ranks second best for Best Odds Guaranteed in the country.
- Unlimited cap on Best Odds Guaranteed winnings.
- Among the best odds for antepost betting.
Cons
- Limited number of racing-specifc promotions.
5. Coral
Coral is another old school, historic brand that still does the big sports well, and that definitely include horse racing. When you assess Coral's racing output it's not that it does any single thing spectacularly well, it's that its super solid at all aspects of its service. You get BOG at any time of the day, alongside good odds to begin with, the number of promotions is better than most – and that includes a really good Lucky15 bonus – and you can live stream all UK and Irish races through their site or app.
If you’re looking specifically for welcome offers or free bets you can head directly to the Coral free bets page.
Pros
- Solid across the board for all aspects of horse racing betting.
- Best Odds Guaranteed at any time on the day of the race.
- Great Lucky15 bonus.
Cons
- No Best Odds Guaranteed on multiples.
- Not as good antepost odds as the rest of the Top 10 on this list.
6. Unibet
Like Coral, Unibet does a lot of things well and actually has better odds across the board than Coral when you factor in antepost betting because while its BOG is very good, it's not quite as good as Coral's which is why it ranks just below. That said, if you placing bets the day, week, or month before, you'll probably be better off heading to Unibet.
If you’re looking specifically for welcome offers or free bets you can head directly to the Unibet free bets page.
Pros
- Among the best horse racing site for antepost betting.
- Solid promotions offering.
- Racing Post tips and write ups for all UK races.
Cons
- No Lucky15 bonus.
- No Best Odds Guaranteed for multiples.
7. BetVictor
The BetVictor site and app allows you to bet on a wide range of horse racing action across the globe from the UK and Ireland to South Africa and the UAE. The low minimum deposit of £5 that is available also provides a major positive for users who like to bet on racing. The BetFinder is an excellent function on BetVictor and is a horse racing guide. Using Timeform information, you can select a range of racing criteria, and then shortlist races to narrow down your selections. I have used Bet Finder for horse racing tips and found it fun and informative, as a bonus. I even picked a few winners from it using the helpful trainer and jockey stats, where those trainers and jockeys who are in form are highlighted for each individual race.
If you’re looking specifically for welcome offers or free bets you can head directly to the BetVictor free bets page.
Pros
- Incredible odds across the board.
- Brilliant live streaming options.
- Best Odds Guaranteed on UK and Irish races, and multiples, from 9:00AM on the day.
Cons
- Limited number of promotions.
8. BetGoodwin
BetGoodwin are renowned for being one of the best horse betting sites for some time, and they've transitioned from the rails at racecourse brilliantly, still utilising their telephone betting service to offer online betting across a wide range of sports in addition to racing. Aside from the low restriction on benefits – just £1,000 – BetGoodwin’s Best Odds Guaranteed offering is outstanding. Irish and UK horse racing is covered, as is greyhound racing, and all can be put into multiples. On top of that, while their 7:00 am cutoff isn’t the same as VBet’s (the no.1 for BOG), it’s still better than nearly every other UK bookmaker going.
If you’re looking specifically for welcome offers or free bets you can head directly to the BetGoodwin free bets page.
Pros
- Best Odds Guaranteed from 7:00AM on the day of the race.
- Ability to place bets over the phone through their exclusive service.
- Decent number of promotions available.
Cons
- No form or pre-race statistics.
9. Paddy Power
Known for their racing, Paddy Power offers Best Odds Guaranteed to its customers. You can get BOG after 8am on race day of all UK and Irish races, including in multiples, and with a maximum restriction set at £2,500. They pay extra places in lots of races – there is even five places at a specific Cheltenham race on the day of this review when most other bookies are doing three. Also, keep your eyes peeled for any number of tipsters and ambassadors offering insight at the races on any given day. Paddy are also major players when it comes to Cheltenham Free bets, so keep an eye out in the lead up to the Festival in March.
If you’re looking specifically for welcome offers or free bets you can head directly to the Paddy Power free bets page.
Pros
- Brilliant odds on most races.
- Regular Power Prices (odds boosts) on selected races.
- Best Odds Guaranteed includes multiples.
Cons
- Best Odds Guaranteed limit capped at £1,000.
10. Betfair
Rounding off our top 10 is Betfair. Whether you choose to use their exchange betting site, or their sportsbook, you'll still get some great horse racing betting from the service provided – the exchange is particularly good if you're betting on outsiders and more long-range punts because there is more value to be squeezed out. Betfair Best Odds Guaranteed offer is available daily on all UK and Ireland horse racing bets, from 8.00 am. The Betfair BOG applies to single and multiple bets placed and has a maximum benefit set at £1,000.
If you’re looking specifically for welcome offers or free bets you can head directly to the Betfair free bets page.
Pros
- Choice between sportsbook or exchange betting.
- Best Odds Guaranteed from 8:00AM, and includes multiples.
Cons
- Capped limit of £1,000 for Best Odds Guaranteed.
- Not many promotions.
Odds | Promotions | BOG | Live Stream | Form/Statistics | Lucky15 Bonuses | Total | |
---|---|---|---|---|---|---|---|
Betfred | 4.0 | 2.0 | 2.8 | 1.0 | 1.0 | 2.0 | 12.8 |
QuinnBet | 3.0 | 7.0 | 2.3 | 0.0 | 0.0 | 0.0 | 12.3 |
William Hill | 5.0 | 3.0 | 2.1 | 1.0 | 1.0 | 0.0 | 12.1 |
bet365 | 5.0 | 2.0 | 3.0 | 1.0 | 1.0 | 0.0 | 12.0 |
Coral | 3.0 | 3.0 | 3.0 | 1.0 | 1.0 | 1.0 | 12.0 |
Unibet | 4.0 | 3.0 | 2.3 | 1.0 | 1.0 | 0.0 | 11.3 |
BetVictor | 5.0 | 1.0 | 3.2 | 1.0 | 1.0 | 0.0 | 11.2 |
BetGoodwin | 3.0 | 3.0 | 3.1 | 1.0 | 0.0 | 1.0 | 11.1 |
Paddy Power | 4.0 | 1.0 | 2.5 | 1.0 | 1.0 | 1.0 | 10.5 |
888Sport | 3.0 | 2.0 | 3.0 | 1.0 | 1.0 | 0.0 | 10.0 |
Betfair | 4.0 | 2.0 | 2.0 | 1.0 | 1.0 | 0.0 | 10.0 |
Also consider: AK Bets
It doesn’t make our Top 10 when you factor in all of the different aspects and data points that we do when determining the best football betting sites, but for pure odds, you should consider AK Bets. You won’t get loads of promotions, and the product isn’t as rounded as our very best, but when betting across the board AK Bets has pretty much the best odds in the UK.
🆕 New Horse Racing Betting Sites Weekly Update - Monday 13th January
By Luke Bradshaw Lee - Commercial Content Manager
Each week, I'll highlight the top new horse racing betting sites reviewed and added to OLBG by our expert team, as well as any news and a diary of the week's racing action.
This Week's Racing Meetings and Tips
Our horse racing betting experts tirelessly work on new horse betting site reviews, update existing reviews, and realign our analysis to offer the most up-to-date information on the best racing bookies for this week's betting opportunities.
This is a round up of the racing meetings taking place this week, along with links to today's racing tips, course by course.
Day | Code | Race Course - Click for Tips |
---|---|---|
Monday | Jumps | Exeter |
Monday | All Weather | Lingfield |
Monday | All Weather | Wolverhampton |
Tuesday | All Weather | Newcastle |
Tuesday | Jumps | Plumpton |
Tuesday | All Weather | Southwell |
Wednesday | All Weather | Kempton |
Wednesday | Jumps | Newbury |
Wednesday | All Weather | Southwell |
Thursday | All Weather | Chelmsford City |
Thursday | Jumps | Ludlow |
Thursday | Jumps | Newcastle |
Thursday | Jumps | Wincanton |
Friday | Jumps | Market Rasen |
Friday | All Weather | Newcastle |
Friday | All Weather | Southwell |
Friday | Jumps | Windsor |
Saturday | Jumps | Ascot |
Saturday | Jumps | Haydock Park |
Saturday | All Weather | Lingfield |
Saturday | Jumps | Taunton |
Saturday | All Weather | Wolverhampton |
Sunday | Jumps | Fakenham |
Sunday | Jumps | Windsor |
This Week's Racing Offers
Bet £10 Get £40 on Horse Racing
18+ New customers only. Opt in and bet £10 on any Horse Racing (odds 1/1+) within 3 days of signing up. Get 4x£10 in Free Bets for set Horse Racing markets, which expire in 5 days. Click for T&Cs. GambleAware.org. Please gamble responsibly
SEE OFFER#ad. 18 , gambleaware.org, T&Cs Apply
Horse Racing Betting Markets
There are a number of different bets that you can make when having a flutter on the nags. We'll run through the most popular types of bets that people place, explaining what those bets are, plus the pros and cons behind opting to make them.
Win Betting
This is the simplest bet that you can make on a horse race, or any competition for that matter. A win bet is betting on a horse to win the race. If the horse comes first you'll get your stake back, plus the winnings on top (at whatever price it was when you made the bet). If it loses, you don't get anything. Punters can usually choose between taking the odds at the time of the bet, or opting for SP, which means "starting price". This gives you the odds on the horse at the start of the race, regardless of whether they've shortened or lengthened.
Each Way Betting
When you bet each way you are actually making two bets. The first is for your horse to win, and the second is for you horse to place (finish 1st, 2nd or 3rd, typically. although this can go up to four, five, or more places depending on the race). Because it's two bets, you have to place double your stake, so if you place a £5 bet each way, you must give your bookie £10 – £5 for each bet. For big races, like the Gold Cup or Grand National, bookies often offer promotions where they increased the number of places paying out. If your horse wins the race, then you win both bets.
Betting Without the Favourite
A very popular bet if one race has a heavy, heavy favourite at really short odds. It allows punters to exclude the favourite horse from the betting and win money on other horses in the field. You'll win your bet if your selected horse wins the race, but also if it finishes 2nd to the favourite.
Multiple Bets
Beyond the above, simpler bets, there are plenty of multiples that punters can place. This involves betting on a number of different horse in different races, with you bookie combing these bets into different types of multiple bets. The most common example of this is a Lucky15. This involves betting on four horses in four different races, with single bets placed on a. four to win, but also on two of them winning, on three of them winning and on all four winning. The bets involving two or three winners are also matched across the different horses so that all possible combinations are covered. In total, it means placing 15 different bets in one (hence the name). The actual amount that you place will be 15 times your stake. Add another horse and it becomes a Lucky31, a sixth horse makes it a Lucky63 and so on. They are very difficult to win, but mean huge potential winnings in the unlikely scenario that they all win.
Horse Racing Multiple Bets
Accumulator - This bet can in theory be as many horse racing selections as you wish. You can back win or place accumulators, but all of them must win in win accumulators and all must place in place accumulators.
Trixie - A trixie is 4 bets involving 3 selections in different events. The bet includes 3 doubles and 1 treble. Two of your selections must be successful to get a return.
Patent - A Patent consists of 7 bets involving 3 selections in different events. The bet includes a single on each selection, 3 doubles and 1 treble. If one selection is successful you get a return.
Yankee - A Yankee consists of 11 bets involving 4 selections in different events. The bet includes 6 doubles, 4 trebles, and an accumulator. A minimum of 2 of your selections must be successful to get a return.
Lucky 15 - A Lucky 15 consists of 15 bets involving 4 selections in different events. The bet is made up of 4 singles, 6 doubles, 4 trebles, and 1 fourfold. If one selection wins, bookmakers will often give a consolation to the returns like double or treble the odds odds. If all four selections win, then often bookmakers will give a bonus of 10% or more to total returns.
Canadian - A Canadian is also known as a Super Yankee and is made up of 26 bets involving 5 selections in different events. The bet includes 10 doubles, 10 trebles, 5 fourfolds plus an accumulator. A minimum of 2 of your selections must be successful to get a return.
Lucky 31 - A Lucky 31 has 31 bets. It is made from 5 selections in different events. The bets include 5 singles, 10 doubles, 10 trebles, 5 fourfolds and an accumulator. As with the Lucky 15, if only one selection wins, returns are often paid to double or treble the odds. If all five selections win, a bonus is often paid of 15% upwards to the total returns. If you place and each way Lucky 31, normally the bonus is only paid on the win part of the bet.
Heinz - A Heinz is made up of of 57 bets and it name comes from the 57 varieties which the baked bean making company once had! This bet involves 6 selections in different events. The bet includes 15 doubles, 20 trebles, 15 fourfolds, 6 five folds and an accumulator. A minimum of two of your selections must be successful to get a return.
Lucky 63 - Like a lucky 15 and 31 but with another selection. It consists of 63 bets involving 6 selections in different events. The bet includes 6 singles, 15 doubles, 20 trebles, 15 fourfolds, 6 five folds and an accumulator.
Super Heinz - Another selection added to a Heinz. A Super Heinz is made up of 120 bets involving 7 selections in different events. The bet includes 21 doubles, 35 trebles, 35 fourfolds, 21 five folds, 7 sixfolds and an accumulator. A minimum of 2 of your selections must be successful to get a return, below is an example of an each way Super Heinz.
Goliath - A Goliath is a monster of a bet and consists of 247 bets involving 8 selections in different events. The bet includes 28 doubles, 56 trebles, 70 fourfolds, 56 five folds, 28 sixfolds, 8 seven folds and an accumulator. A minimum of 2 of your selections must be successful to get a return.
Simple Horse Racing Betting Strategies
There are plenty of different strategies applied to horse racing betting, with various tipsters all claiming that their own is the best. The important thing is that you do what you think is right, but there are some common factors that absolutely should be considered.
Study the Form
This is true of making any bet in any sport on any athlete, team or in this case, horse. Are they free from injury? How have they been doing recently? Did they win their last race? Did they look good doing so, or was it a struggle? Were there any mitigating factors to consider? And so on. It doesn't actually involve a lot of expertise to take a quick look at how a horse has performed recently, and it's one of the best indicators for how a horse will perform in the future.
Check the Going
Environment plays a big part in horse racing, just as with other sports. When some one is racing talks about "the going" they are discussing how hard or soft the ground is that the race is going to run on. The ground can be hard, in the summer months, and will obviously get softer and softer in the winter, with everything in between. Some horses love the hard ground, while others want soft ground. It's an important factor to consider and means that you can rule out particular horses based on the going if it doesn't suit them.
Trainers and Jockeys
Although the trainer and jockey isn't as important as the horse itself they are an indication of money, expertise and resource. Generally, the most successful trainers are the ones with the biggest budget and, as a result, that tends to mean the best horses, too. Generally, these trainers will win more races in a year than those with smaller stables and yards. Likewise, the best jockeys will get to pick the best horses in races, and each trainer will have a favourite jockey that use in big races.
You won't win all your bets by blindly backing every horse that the biggest trainer or jockey rides, but keeping an eye and following these trainers isn't a bad starting point. Beyond this, you can start looking at which races, or courses, particualt trainers do well at, and factor that into your decision making as you gain more and more knowledge.
How to Choose Best Horse Racing Betting Sites
🔒 Trustworthy
With over 80 online bookmakers licensed in the UK, we only list those vetted by the UK Gambling Commission and good for horse racing in our bookmakers guide. Betting with non-licensed bookmakers offering horse racing betting can be risky and may lead to complications in case of disputes. For your peace of mind, always check if a betting site holds a valid license through the Gambling Commission website.
✅ Reliable
Not all licensed horse racing bookmakers meet our reliability criteria. We exclude those with a track record of pending payments, shifting terms and conditions, and poor customer service. While we highlight these issues in our reviews, the worst offenders don’t make our list.
🟢 Low Risk
Small, new companies in the UK market may pose higher risks due to potential cash flow issues. However, if they are UK Gambling Commission-registered, they must meet financial solvency criteria. Larger, more established companies typically present lower risks. While it's rare for bookmakers to close without honouring bets, choosing established operators for long-term (ante-post) wagers is advisable. Diversifying your bets across multiple bookmakers can also mitigate risk.
🌟 Reputable
Reputation is best gauged through user experiences. We gather over 500 user reviews from the OLBG community to offer detailed insights into various UK betting sites. These reviews cover customer service experiences and how disputes were resolved.
👥 Player-Friendly Terms and Conditions
We meticulously analyse each betting site's terms and conditions, withdrawal policies, and deposit terms. Some sites may impose charges for certain transactions or inactivity, so it's crucial to be well-informed. Our community reviews and research highlight these details to ensure you get fair terms.
Five Ways To Choose The Best Betting Sites For Horse Racing
Finding the best bookie for horse racing depend on what it is that you want as a bettor, because there are plenty of different types of bettors all looking for slightly different things. There is also a huge number of betting sites to choose from, all offering different things, so it becomes a matter of seeing what bookie offers what, and working out how much those different factors matter to yourself.
Horse Racing Betting Sites with Best Odds Guaranteed
Best Odds Guaranteed – often shortened to just "BOG" – is fairly common, although bookies are starting to drop it a bit more now than they used to. BOG means that a bookie will guarantee you that you will get the best odds on a horse from a selected time (usually the morning of a race), right up until the race starts. For example, if you back a horse at 5/1, but at some point between placing that bet and the start of the race, the odds drift out and become 8/1, the bookie will give you the extra value and those 8/1 odds, without you having to do anything.
It takes the decision-making process around trying to determine whether a horse odds will change away from the punter, and gives them one less thing to worry about. Not all betting sites offer BOG, so if it matters to you, check beforehand.
Horse Racing Betting Sites with Live Racing
Most people who bet on a race want to watch that race and see how their horse does. If it's a big race on a Saturday at a big meet then there's a good chance it'll be on TV, but that's not the case for most races. There are, as a result, a large number of betting sites that live stream races. This means that you can bet, then watch how your bet does, all in the same place.
Most big bookies – bet365, William Hill, Ladbrokes, Paddy Power and so on – offer live streaming as part of their service, but there are some variations. At some betting sites you just need to be logged in, some require you to have placed a bet in the last 24 hours, or have a positive amount of money in your account, and some require you to have placed a bet on the race in question. All of these should be clearly signposted, and may affect which betting site it is that you choose.
Horse Racing Betting Sites and Free Bets
Free bets are a standard part of promotions that betting sites offer punters. Pretty much every bookie will offer free bets, or similar, when you open an account with them as a way of attracting new customers. Beyond that there will be regular offers to keep an eye on, and sometimes bonuses and rewards fi you are a regular and loyal customer.
These tend to be things like getting a free bet back when you place a bet on a particular race, or you money back as a free bet. Offers like this become much more commonplace for big meets, like Cheltenham or Ascot, so keep your eyes peeled. However, don't base your entire decision about using a bookie based purely on these offers.
Horse Racing Betting Sites and Price Boosts
Price Boosts are probably the most popular promotion that betting sites offer at the moment. Most bookies do it, and clearly signpost them in an attempt to get punters to make bets that they may not have considered beforehand. These can be as simple as a horse that is 2/1 to win a race, being boosted up to 5/1. On occasion these get boosted massively, right up to 20/1, 30/1, 50/1 and so on, but often with a limit (often just £1) on the amount that you can bet. These really big boosts are usually just offered to new customers, too.
With smaller boosts, a horse going from Evens to 2/1, for example, these happen pretty much daily, and have either no limit or stakes, or much higher ones, and are there for any member to take advantage of. Enhanced odds taken regularly give you a better chance of making money over time. There are also chances to back horses in multiples at bigger odds.
Horse Racing Betting Sites and Multiples
In addition to backing horses as a single bet, you also want the opportunity to have horse racing bets where you place selections in doubles, trebles and other types of multiple bets, as mentioned above in the types of bet section.
For example, there is a bet called a Yankee where you have four horses and effectively combine them in doubles, trebles and a four-fold. Make sure that you have a bookmaker account where there is the option to place these types of bets. On a similar note, you should choose a racing betting site where the maximum stake is as high as you need it to be. Some bookmakers cap the stake size for every day races and it can be frustrated when you’re not able to bet at the amount you want to.
Horse Racing Betting Sites Odds
This is often one of the biggest deciding factors in people making bets, especially experienced bettors who "line shop" around on different betting sites to find the best value. Usually, they will have a horse in mind that they want to bet on, and check lots of different sites to see which bookie offers the horse at the longest odds, and so gives them the most winnings. Ultimately, there has never been a better time to bet on horse racing due to the sheer range of choice available. There are dozens of bookmakers available and they are falling over themselves when it comes to opening a betting account. Offering the best odds is a way of a bookie trying to make itself stand out among its competitors.
How to Bet on Horse Racing
Betting on horse racing is as popular as it’s ever been and it definitely is a remarkable thing to see this sport defy the betting trends, shifts and tides of time, never allowing the emergence of other sports such as tennis and most notably football to ruin its betting reputation.
Horse race betting can be extremely profitable and that’s definitely one strong argument in favour of its popularity in betting circles. It can also drag you down if you’re not careful enough and if you don’t know what you’re doing. Learning to make the right bets, interpret the market and betting selections will help you improve your own odds of winning and here we’ll try to provide you with all the essentials on how to bet on horse racing.
Types of Horse Racing
So, you have finally decided to take your passion for horse racing to a higher level and want to test your skills and apparent knowledge on the sport through betting on it? As avid betting aficionados we support the efforts and applaud the courage. Still, before you go knees deep into the exciting horse racing betting world make sure to get all the facts straight and learn the terminology – which is plenty in horse racing – just so you won’t get in any sort of problems of perhaps not understanding what’s there to bet on and how to do it.
The first thing you need to understand is that, unlike football where you have the same model just in various competitions, horse racing includes almost different kinds of the same sport with its different types.
Three most common types of horse racing are:
- Flat Racing
- Jump Racing
- Harness Racing
- Endurance Racing
Horses galloping directly between two points around a straight or more likely oval track is called flat racing. Jump racing involves horses running over different obstacles and this form of racing is usually referred to as Steeplechasing which in the UK and Ireland is best known as National Hunt racing – one of the most popular kinds as well. Ultimately, endurance racing is a race in which a horse travels across country over extreme distances.
Horse Racing Terminology
Once you cover the types of horse races, as a horse racing punter wannabe you need to learn the elementary types of bets which widely differ from anything you’ll find in any other sport. This is why learning the terminology is crucial before you go on to wager money on horse racing.
Across the Board – this is a bet on a single horse to win, place AND show.
Show – now that we mentioned it above, show is a type of bet where your horse must finish 1st, 2nd or 3rd.
Place – your horse needs to come 1st or 2nd.
One the nose – you’re backing your horse to win only, one of the most popular and common betting options.
Daily Double – betting on two separate horses in consecutive races where each of your horses must finish first, with odds multiplied between horses for a lucrative win.
There is also a highly engaging set of bets that include two and more than two horses in a single bet. They might sound confusing and like they rather belong to an opera than a sport.
- Quinella
- Exacta
- Trifecta
- Superfecta
When it comes to Quinella, your horses need to finish 1st and 2nd in either order and this one’s considered a normal play to three horses. Exacta involves two horses that need to finish 1st and 2nd in exact order which is a riskier bet. Trifecta includes three horses which must finish 1st, 2nd and 3rd in exact order and this one can be a bit expensive and highly risky to go with. Ultimately, Superfecta is a bet extremely hard to win since it involves four horses in 1st, 2nd, 3rd and 4th.
Horse Racing Betting Related Questions
FAQ
Horse Racing [UK]
How do you bet on horse racing online?
Betting on horse racing online is as easy as going into a high street betting shop. it can be deemed even easier, as you don't have to make the trip. You do need to register for an online account after choosing the betting site you want to use. Horse racing is very popular, so it is easy to find on the app, select the race and the horse you want to bet on and choose your stake. you will have a betslip and can confirm if the details are correct.
What is the best way to bet on horses?
Many expert and professional gamblers will tell you the best way to bet on horse racing is by making single bets either on the win or place markets. Once you begin to combine selections into a bet, the probability of winning becomes lower, the strike rate lower and the odds larger. Whilst this can lead to bigger wins, it is also harder to make a slow and steady profit than by betting on singles alone.
Can you bet on a horse to lose?
It is possible to bet on horses to lose. This was once the reserve of the bookmaker, but the betting exchanges offer the opportunity to bet like a bookmaker and many online betting sites now offer the option to bet on a horse not to win. When betting on a horse to lose, you offer the odds on the exchanges to people wanting to bet that the horse will win. This is different from bookmaker sites where the option is, Will the horse win the race, Yes or No?
What types of bets can you make on horses?
From betting on a horse to win a race there are a huge number of other options on the types of bets you make on horses. From two selections creating doubles, or trying to predict the first and second place finishers known as a forecast or exacta, there are dozens of types of bets you can make on horse racing.
How often does the favourite horse win?
The favourite horse in a race will win around about 30% of the time in all races. This is of course a fluid figure and will fluctuate between other factors such as the course, month of the year or on different types of ground. It is worth investigating more specific favourite winning statistics on racing stats websites where you may be able to find where favourites win more or less often than the general 30% figure to find a betting angle.
What are the best horse racing tips today?
The best horse racing tips today are the selections receiving the most predictions from OLBG's horse racing tipsters. The free horse racing tips designated with a crown denote the number of experts making this selection. Experts are the OLBG horse racing tipsters with the best level stakes profit (LSP) for horse racing tips over the last 12 months.
When will horse racing tips for tomorrow be available?
The free horse racing tips for tomorrow are available to view now, tipsters begin placing their selections from the afternoon of the day before race day. Horse racing tips are added up to around 15 minutes before the scheduled start time of the race, tipsters may add tips early if they consider the available odds on offer to be good and expect them to shorten.
Should I only use free horse racing tips?
We believe you do not need to pay for selections from other subscription services as we have daily free horse racing tips here from OLBG's expert horse racing tipsters. Our tipsters compete for generous prize money in our monthly horse racing tipster competitions so they do not need to sell their tips. Our tipster's current profit figures covering up to the last 12 months are shown with their racing tips today and every day so you can see who is performing well with their horse racing tips and choose who to follow.
Do you have lucky 15 horse racing tips?
Yes, we have daily Lucky 15 horse racing tips which can be found on our Accumulator Tips list. The selections are the most popular each-way horse racing tips today from the best profit-performing horse racing tipsters on OLBG. The daily Each Way Lucky 15 tips are available from around 10 am (GMT), if you wish to use the selections in a Lucky 15 win bet that's fine. You can also build your own Lucky 15 bets by using our acca tool to select the best selections from the free horse racing tips on OLBG.