Did you know that the rules that online bookmakers use to settle bets can vary, depending on the bookie you use? In this article, we’ll look at a list of which bookies pay first past the post on horse racing.
We’ll also explain exactly what this means, and how it can benefit you. If you’re not sure whether this matters or not, we can tell you now that it most certainly does! So make sure you read on to find out why…
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So now you know which bookies pay first past the post. Now we’ll take a look at what this actually means, and how it can help you make more money from horse racing.
Most horse racing bookmakers pay out your bets based on the official result. However, sometimes horses can be disqualified. That means that your horse could cross the finish line first, but not be awarded the race. And therefore, your bet would lose.
When a bookie pays first past the post, you’re protected from that. They pay you as a winner if your horse crosses the line first, even if it is then disqualified.
Hopefully, you can see why this is so important. Because if your bookie doesn’t offer it, you’ll end up missing out on a lot of winners over the course of a season!
So now you know which bookies pay first past the post, make sure you’re betting with one of them in future.
WhichBookie racing analyst Will Smith explains in the video below more about how First Past The Post and Double Result work.
As mentioned above, some bookmakers payout on horse racing bets based on the official result whereas some also pay out on horses who cross the line first (First Past The Post) regardless of if they are later disqualified.
Bookies which pay first past the post, generally also payout on the official result. This is often called the ‘Double Result’ concession.
Betting with bookies which offer Double Result has the following benefits:
Bookies which offer the double result concession are shown in the table above.
In general, the following rules apply:
The table above shows which online bookmakers offer first past the post, and on which markets. These general terms may vary depending on the bookie, so always check their terms and conditions first. Additionally, some sites also extend the offer to tote, forecast and tricast bets.
In general, greyhound races are settled slightly differently. The winner is settled on the official result announced at the conclusion of the greyhound race. If a winner is disqualified after the official result is announced, the disqualification will not affect the settlement of bets.