A Beginners Guide to Betting on UK Horse Racing

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A Beginners Guide to Betting on UK Horse RacingIn this article I will explain all of the different types of bets you can have on any given race day. I will start off with individual race markets, followed by multiple bets.

UK Horse Racing Betting Guide - Individual Race Betting

Win Bet The most straightforward bet of all, the win bet! Place your bet, cheer on your horse, hope it passes the post first (with the jockey still on it…), and go and collect your winnings from Honest Bob or whichever bookmaker you have placed your bet with.

Each Way This bet is actually two bets in one. If you were to have £5 each way, this will cost you £10, with £5 going on a straightforward win bet, and the other £5 going on a separate place bet. The place will be at reduced odds and the conditions normally listed on the betting site – for example it might say “Each way 1/5 1-2-3” which means that for the place side of the bet to win, the horse must finish 1st, 2nd or 3rd with odds being 1/5 of the win odds.

Place Bet Some bookmakers will offer set odds for a place only – less popular than each way betting, as there is nothing extra for winning the race.

Head to Head Betting Two horses in the race will be listed, and you have to pick one over the other. A small odds bet, but only one to beat!

Lay or “Not to win” Most popular on the exchanges, but also available with some traditional bookmakers, you are placing a bet for the named horse not to win. Cheer on the rest of the field (takes longer in preparation as you’ll have to learn all of the names of the other horses, so you can do this properly!) and collect your winnings when it loses.

Planet Mark's Top Rec:

32Red are giving the old 'High Street Bookies' sports betting brands some real trouble in 2019.

This very slick site offers top-rated odds; a huge range of bets and a big list of player promotions (really, check the latest before you bet elsewhere). This now includes an excellent 100% profit boost offer for all new players.

32Red are my go-to betting site, you’ll quickly find out why once you see www.32red.com/sports for yourself - check them now!

 

30181

 

Planet Mark's Top Rec:

32Red are giving the old 'High Street Bookies' sports betting brands some real trouble in 2019.

This very slick site offers top-rated odds; a huge range of bets and a big list of player promotions (really, check the latest before you bet elsewhere). This now includes an excellent 100% profit boost offer for all new players.

32Red are my go-to betting site, you’ll quickly find out why once you see www.32red.com/sports for yourself - check them now!

 

30181

 

Planet Mark's Top Rec: There are a lot of good reasons why Bovada are the number #1 US friendly sportsbook. Look beyond the big welcome bonus and you'll find the real magic...

Bovada have a huge range of markets (especially when it comes to the bigger events), competitive lines and super-easy deposits / withdrawals.

The killer reason is the promos – you’ll find their list of offers for regular bettors unrivalled anywhere online. Check out www.bovada.lv to see the latest deals for yourself now!

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Tote Bets On UK Horse Racing Events

Tote betting is pool betting, where odds are not known until the all betting has been completed, and the total prize pool is divided by the winning number of tickets.

Tote Swinger Pick two horses to finish in the first three. Three dividends are awarded each race, 1st and 2nd followed by 1st and 3rd and finally 2nd and 3rd.

Tote Exacta Pick the first two in the right order. Many people do combinations with this bet, for example for 2 bets you could pick two horses to finish in the top two in either order, or for six bets, you could pick three horses to occupy the 1-2 placing.

Tote Trifecta Similar to the Exacta, but pick 1st, 2nd and 3rd in the right order! Tough to do, and like the Exacta, many players do so in combinations. A high dividend bet, so if you do win after reading this, look up the writer of this article and buy him a pint!

Tote Bets On UK Horse Racing Events

Multiple Bets On UK Horse Races

Doubles, Trebles, 4-folds etc You could have an accumulator bet on any number of runners, and the winnings from each leg go onto the next race – but they all have to win. You can do the same with each way bets, with the win side being the same (all have to win), but the place side needing each horse to be placed – 2 separate bets again.

Yankee A popular bet, which is actually eleven bets. You pick four selections, and combinations of doubles, trebles and a fourfold are covered. So you need to two to win to receive a return, if all four win, all eleven bets have come in.  Being eleven bets, a £1 win yankee will cost you £11, a £1 each way yankee will cost £22.

Lucky 15 Another popular bet, very similar to the yankee, but with 4 singles included as well. This means that just one selection has to win to guarantee a return. Many bookmakers will offer enhanced odds on a lucky 15 if you have just one winner (sometimes double or even treble the odds).

Others Super Yankee (or Canadian) is 26 bets on 5 selections (doubles and upwards), Heinz is 57 bets on 6 selections (named after Heinz’s 57 varietys – true story!), Super Heinz is 120 bets on 7, and Goliath is 247 bets on 8 selections.

Tote Multiples

Tote Placepot Pick a horse to be placed in every race at a given meeting, and you win a portion of the pool, depending on how many winners. If every favourite is placed, the dividend will be a lower one, so ideally you want to win on a day when favoured selections do badly.

Tote Quadpot Same as the placepot, but only for the third to six races of any meeting (otherwise known as the “Bugger, my placepot went down in the first or second leg Bet…”)

Tote Jackpot Pick the first six winners at a given daily meeting. If there is no winner on a given day, the dividend will be rolled over to the next day, and so on.

Scoop6 Usually just run on a Saturday (occasionally other days such as Boxing Day) pick all six winners on six races as nominated by the Tote (across all meetings). Generally these races are televised. A scoop6 bet is a win and place bet, with a separate place pool – but the big money is on the win side. The winner of the scoop6 will have a chance at a bonus fund the following week, by picking the winner of the most difficult race. Like the Jackpot, the scoop6 will rollover if not won on a given day, giving some extremely large Jackpots in some weeks – and it is well advertised on TV, with the number of tickets left advertised after each race.

Planet Mark's Top Rec:

32Red are giving the old 'High Street Bookies' sports betting brands some real trouble in 2019.

This very slick site offers top-rated odds; a huge range of bets and a big list of player promotions (really, check the latest before you bet elsewhere). This now includes an excellent 100% profit boost offer for all new players.

32Red are my go-to betting site, you’ll quickly find out why once you see www.32red.com/sports for yourself - check them now!

 

30181

 

Planet Mark's Top Rec:

32Red are giving the old 'High Street Bookies' sports betting brands some real trouble in 2019.

This very slick site offers top-rated odds; a huge range of bets and a big list of player promotions (really, check the latest before you bet elsewhere). This now includes an excellent 100% profit boost offer for all new players.

32Red are my go-to betting site, you’ll quickly find out why once you see www.32red.com/sports for yourself - check them now!

 

30181

 

Planet Mark's Top Rec: There are a lot of good reasons why Bovada are the number #1 US friendly sportsbook. Look beyond the big welcome bonus and you'll find the real magic...

Bovada have a huge range of markets (especially when it comes to the bigger events), competitive lines and super-easy deposits / withdrawals.

The killer reason is the promos – you’ll find their list of offers for regular bettors unrivalled anywhere online. Check out www.bovada.lv to see the latest deals for yourself now!

Bovada Sportsbook

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