Horse Racing Questions

FAQs

What Are Rule 4 Deductions?
If you’ve placed a bet on horse racing which has won or placed but the returns are lower than you expected, there is a chance that it could be due to a Rule 4 deduction. In this guide, we’ll be explaining what Rule 4 deductions are, why they’re applied and… Read More
What Is Tote Ten To Follow?
Ten To Follow is a great competition from the Tote which runs throughout the National Hunt jumps season where players can win huge cash prizes by collecting points and topping the leaderboard table. This guide will show you how the Tote Ten To Follow works and… Read More
What Are Today’s Extra Place Races?
Bookies pay Extra Places on selected races every day and can result in additional profits over time from your horse racing bets. See the table below for today’s extra place offers which are updated automatically on a daily basis. Race Runners Places Terms Bookmakers Bath - 13:00 15 5 1/5… Read More
What Is A Minimum Bet Guarantee?
Minimum Bet Guarantee is offered by a handful of bookmakers and will appeal to customers who may be stake restricted with these bookies and would still like to place bets on horse racing. When a bookmaker offers a Minimum Bet Guarantee, they are essentially allowing all customers, restricted or not,… Read More
Which Bookies Do Placepot?
The Placepot is a popular bet with both novice and pro punters and can be placed online at the racecourse or in betting shops with those bookmakers which offer them. Placepots are an attractive betting option due to the fact large sums of money can be won from relatively small… Read More
Which Bookies Offer Rewards4Racing Points?
Did you know that as well as being able to claim free bets, bonuses and other promotions when betting with online bookies, you’re also able to accumulate points which can be exchanged for rewards such as money off racing tickets, hospitality packages and more? Well, you can through Rewards4Racing… Read More
How To Play ITV7
There are several free-to-play games from the best betting sites that provide a risk-free chance of winning real cash prizes. ITV7 is one of those games by ITV and Sky Bet where players have the chance to win huge prizes of £50,000+. It’s a simple game to play and… Read More
How To Read a Racecard in Horse Racing
When selecting a horse to bet on, a racecard is an essential tool which provides a lot of useful information about each runner in the race. However, if you’re relatively new to horse racing, they can be quite confusing. In this article, we’ll be taking a look at racecards and… Read More
How Often Do Horses Fall In Jump Racing?
Picking a winner in a horse race isn’t always an easy task. Weather conditions, the horses form and other runners all play a part in which one crosses the line first and if a horse falls, it has no chance of winning. Unfortunately, horses fall quite often and the… Read More
Which Bookies Do Place Only Accumulators?
If you bet on horse racing, there’s two things you probably already know. First, it’s much easier to back a horse to place than to win. And second, putting a few strong bets together in an accumulator can make a massive difference to your winnings. So when you combine the… Read More
Best Bookmakers For Kentucky Derby
The Kentucky Derby looks set to be one of the most keenly contested races of all time. It’s sure to live up to its billing as “The Most Exciting Two Minutes In Sports”. But where will you be placing your bets this year? In the UK and Europe, not every bookmaker… Read More
Betting Strategies for Horse Racing Part 2: Kelly Criterion
With so many different betting strategies for horse racing out there, you have a wealth of different systems to read about, try and potentially use. With so much choice, it is easy to find one that is already similar to what you currently do with your betting. This saves making… Read More
Betting Strategies for Horse Racing Part 1: The Martingale System
There are countless betting strategies for horse racing out there, all with a different method which the person who created them believes is successful. Each strategy or approach has its own merits, and the most important factor is whether it makes a long term profit. However, there is more to… Read More
How To Read Horse Racing Form
Any inexperienced horse racing fans, or people who are thinking about getting into the sport really need to spend some time learning how to read the form correctly. This is a huge part of horse racing, something that every knowledgeable racing fan understands, and if you are to make a… Read More
What Is An Each Way Bet?
Here at Which Bookie, our aim is to make online gambling simple, fun and profitable for everyone. That’s why we provide a range of guides and tutorials for beginners all the way to experienced punters. Today, we’re going to look at each way betting. So what exactly is an each… Read More
Horse Racing Terminology: What You Should Know Before Betting
It’s the oldest sport in terms of betting, and still one of the most popular. But there’s no doubt that horse racing has a language all of its own. To enthusiasts, most horse racing terminology is second nature. But for newcomers, some of the jargon can sometimes be quite confusing. Read More
What Does SP Mean At Bookmakers?
If you’re new to sports betting, you might find some of the terminology used by online bookies can sometimes be confusing. So at Which Bookie, we’re here to help. One of the most common question we’re asked is about SP. Specifically, what does SP mean, and how does it… Read More
Which Bookies Pay 5 Places Each Way?
Fans of each way betting are often on the lookout for bookies that pay extra places on their each way bets. This extra place can turn a losing bet into a winner and put more money in your pocket. But which bookies pay 5 places (or more) and on what… Read More

Horse racing was first introduced in the UK in the mid 1600’s with Newmarket becoming the first official venue for horse racing. Horse racing quickly spread across the world with British settlers bringing horses to American and the first US racetrack being constructed in Long Island in 1665.

People have been betting on horse racing since it began with races for the first 50 or so years being between two horses before evolving into multi horse races.

Over 300 years later, horse racing is one of the most popular sports in the world to bet on with it being a dominant sport in the UK and Ireland as well as being extremely popular in other countries such as France, the US, South Africa and Japan.

The Most Popular Horse Racing Betting Markets

Some sports such as football have several dozen different betting markets where you can bet on anything from the correct score to how many metres a player will run during a game. Thankfully, horse racing doesn’t have nearly as many markets with the main aim generally to bet on the horse which you think will win the race. However, if you’re not used to betting on horses, there are a few other bet types which you should be aware of.

Race Winner

The most common bet in horse racing is to bet on the winner of the race. If your horse wins, your bet wins. You are usually given fixed odds at the time of betting so that you know what your returns will be if your horse wins. However, you can also choose to accept the starting price (SP) of the horse which will mean that your bet will be paid out at the price of the horse at the time of the off, should you horse win.

Each Way Bets

Another extremely popular type of bet on horse racing are Each Way bets. Each way bets consists of two bets in one with your stake being split equally between a bet on the horse to win the race and a bet on the horse to finish in a place position. The number of places which the bookmaker pays out on will depend on how many horses are running in the race as well as the individual bookmakers terms.

Each way bets are often the preferred bet type for horse racing as your horse doesn’t have to win the race for you to see a return from your bet. For a fuller explanation read our  in depth guide to Each Way Betting .

Place Betting

As well as being able to bet on a horse to win OR place with each way bets, you can also just bet on a horse to finish in a place position. This can often be a good bet if there is a strong favourite in a race and you are intending to bet on a different horse as it will be unlikely to beat the favourite and win but could finish in one of the place positions.

Betting Without (W/O)

Many bookmakers allow you to bet on a horse to win a race when excluding certain horses. For example, if there is a strong favourite in a race, you could bet on the second favourite W/O the favourite. Essentially, this rules the favourite out of the race with your bet being settled on the finishing positions of all other horses.

Straight Forecast Bets

When placing a forecast bet, you choose two horses. You are betting on your two horses to finish 1st and 2nd in the race in a particular order.

Reverse Forecast Bets

Reverse forecast bets are similar to above where you choose two horses to finish in 1st and 2nd place. However, the difference is that it doesn’t matter which order your two horses finish 1st & 2nd.

Lucky 15 Bets

Lucky 15’s are a popular bet type with horse racing punters. These bets consist of four selections and 15 different bets – 4 x singles, 6 x doubles, 4 x trebles and 1 x fourfold.

Whatever stake you enter for a Lucky 15 will be multiplied by 15 to give you your overall stake.

Lucky 15 bets are often placed using relatively small stakes. Only one of your selections needs to win for you to see a return but it is possible that you could receive huge returns if all four of your selections win. Some bookmakers offer valuable bonuses on Lucky15 bets , you can read our guide to Bookies offering Lucky15 bets on horse racing .

Yankee Bets

Yankee bets are similar to Lucky 15’s except that the single bets are removed. This means that at least two of your selections must win for you to see a return. A Yankee consists of 11 bets which include 6 x doubles, 4 x trebles and 1 x fourfold.

Placepot Bets

Placepot bets are a type of pool bet. You select six horses from six nominated races. If all six of your selections finish in a place position of their race, you will win a share of the pool with any other winners.

Not all bookies offer this type of bet. Visit our bookies which offer  Placepot guide for more information.

Tote.co.uk is the most popular pool betting site and they offer a number of different pool bets such as Placepot, Quadpot, Jackpot, Exacta, Trifecta, Swinger, Quinella and more.

Other Horse Racing Bet Types

There are a number of other types of bets which you can place on horse racing much as doubles, trebles, accumulators, trixies, patents and more. Our free bet calculator page explains how each of them work and you can use the calculator (which also comes in a free downloadable app form) to calculate your profit & returns for each bet type.

Horse Racing – Watch & Bet

Horse racing is one of the most exciting sports to watch. Especially when you have a bet on the race. Several horse races are broadcast live on ITV on weekends but with horse races taking place every day, you may want to watch more races.

Thankfully, many of the top bookies offer live streams of horse races. You usually have to place a bet on the race in order to access the stream but they can make having a punt a lot more exciting.

Some of the best bookies for streaming horse racing are Bet365, Paddy Power and Betfair.

Most Popular Horse Races

Horse races take place every day in various countries around the world. However, there are some major horse races and festivals which take place annually which attract millions of viewers and bets worldwide.

The Grand National

The Grand National is run annually at Aintree and is the most valuable horse race in Europe with having a prize fund of over £1 million.

It is the most popular horse race of the year in the UK with it attracting views and bets from people who have never watched or bet on a horse race in their life.

The Cheltenham Festival

The Cheltenham Festival is a four-day racing festival which takes place in March each year at Cheltenham Racecourse.

The festival features some of the biggest horse races including the Champion Hurdle, the Queen Mother Champion Chase, the Stayers’ Hurdle and the highlight of the festival – The Cheltenham Gold Cup.

Visit our Cheltenham Festival Tips page for hot betting tips for this year’s festival from WhichBookie racing analyst Will Smith.

Royal Ascot

The Royal Ascot Festival takes place annually in June at Ascot racecourse. Queen Elizabeth II and members of the British Royal Family attend the festival along with over 300,000 people over the five days of racing.

The featured race at Royal Ascot is the Ascot Gold Cup which is run over a distance of 2.5 miles and takes place on day 3 of the festival.

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