How to place a bet on horse racing uk

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MATCHED BETTING INTERNET FORUMS SITES

Taking the price means that you are committing to the bet at whatever odds the horse is at the time of the bet. It can of course go the other way, with a horse which is well-backed just before the race naturally shortening in price. A place bet is something which catches some punters out. In the UK, a place bet is much more fluid and depends on the conditions of the race and the number of runners.

Those are the hard rules, however others apply from bookmaker to bookmaker, i. As with the Lucky 15, there are often extra bonus payments on offer. A Heinz combines six horses in 57 bets: 15 doubles, 20 trebles, 15 fourfolds, 6 fivefolds and 1 accumulator. A minimum of two of your selections must win in order to get a return. Super Heinz involves every multiple combination of seven horses i. A minimum of 2 of your selections must be successful to get a return.

Goliath — 8 selections in every multiple combination for a total of bets. The bet includes 28 doubles, 56 trebles, 70 fourfolds, 56 fivefolds, 28 sixfolds, 8 sevenfolds and an accumulator. Again, a minimum of 2 of your selections must win in order to trigger a return. Scoop 6 — The Scoop 6 is the modern version of the old ITV 7 and is an accumulator on Saturday, across six chosen races. Each additional selection will increase your total stake. The Scoop 6 prize will roll over to the following weekend if nobody manages to name all six winners.

This means that the final payout can be considerably higher than the SP accumulator. This has resulted in syndicates being set up to chase the jackpot payouts. Winners of the Scoop 6 also win a Bonus Fund where they have to choose a horse in one specified race the following weekend. Tote Jackpot — The Tote Jackpot is a daily bet where you have to correctly name the first 6 winners at a specific meeting. Tote Placepot — A Tote Placepot is available at every British race meeting and requires you to select a placed horse in each of the first six races.

Dividends are declared after the last Tote Placepot race. These can be a popular bet at the biggest meetings of the year when there are large fields and competitive races, often leading to a large Place pot dividend. It consists of selecting a placed horse in the 4 Tote Quadpot races at your chosen meeting. The incentive for multiple bets is the hope of a massive win for a relatively small outlay. For example, there is little point in placing a Lucky 15 on four horses that are all likely to start at short prices.

The advantage of the Lucky 15 is that you get a return on one winner, yet you are staking four extra points than you would for a Yankee. Therefore you need odds of at least just to cover your extra stake. Likewise, you need for a Lucky 31 and for a Lucky Most professional punters argue against each-way betting and multiple betting but both have their advantages. The cumulative odds of his seven winners was over 25, — 1 but considerably larger if you took early prices.

The weight of the money rolling on to his seventh ride was such that Fujiyama Crest dropped from to favourite. Curley combined four horses running at Catterick, Lingfield and Kempton in accumulators placed overnight at odds in excess of 9, The horses had been placed with different trainers and had been off the racecourse for lengthy periods.

Bookmakers were undoubtedly caught off guard and their losses mounted up as punters across the country joined in as the coup unfolded. Unfortunately, most punters are unlikely to be blessed with the insight of Barney Curley but it does show how rapidly winnings can accumulate. For example: If you fancy four Willie Mullins runners to win at Cheltenham, you would win a lot more in an accumulator than you would from four single bets. The strategy here is to set aside a percentage of your outlay on the multiple bets so that two or three winners would still generate a nice profit from the single bets.

The best gambling sites also offer a wide range of Special bets on horse racing. There are often enhanced prices available on specific jockeys to ride winners and markets on the number of winning favourites at each meeting. Some firms refund bets on fallers in National Hunt racing and pay out on disqualified horses. The introduction of the Betting Exchanges has opened up a wide range of new betting opportunities on horse racing. You are effectively acting as a bookmaker in that you offer a fixed price to a fixed amount.

If the horse loses you collect the punters stake money but, if the horse wins, you pay the punter the amount of the stake multiplied by the odds you offered. Experienced traders can use the betting exchanges to deal in both the win and lay markets with the aim of guaranteeing a profit. Obviously, this type of betting strategy requires a good deal of expertise. Regular Betfair punters can benefit from a commission points system where the amount is reduced over set targets.

You must have a suitably fast Internet connection and this is a very dynamic form of betting. The prices of the horses change rapidly through the race and this form of betting also requires experience and the ability to make instant decisions. All bets are subject to Rule 4 deductions unless specified.

This is to protect the bookmakers in the event of a short-priced favourite being withdrawn close to the start of the race. The deduction is calculated on the odds of the horse at the time of their withdrawal. If there is time to form a new market, the rule 4 deductions only apply bets struck prior to that time.

All of these deductions are explained in detail in the rules of each bookmaker and should be available on their website. All bookmakers try to attract new customers with free bets or enhanced odds. These betting offers are widely advertised. They usually require an initial deposit and some of the larger amounts require you to turnover your original stake several times before you can withdraw any winnings from your free bet. There is nothing to stop you opening accounts with several different bookmakers and taking advantage of their free bets.

These are often at their peak during Cheltenham Festival week. For example, one bookmaker offered odds of against jockey Ruby Walsh riding a winner at the meeting. Punters did not have to wait long for their winnings as he rode the first winner of the week. The evolution of online sports betting has a lot of advantages, one being the option to play on mobile. With an internet-enabled device, punters can wager on horse races from just about anywhere.

Some online bookmakers have dedicated apps where customers can access different offerings. Betting sites usually have apps configured for Android and iOS. Some operators provide both alternatives, while others can have either one. When searching for the best horse racing apps, consider the design and user interface. A good app should make betting uncomplicated.

Users should be able to navigate without too much trouble. Check the payment options provided. Mobile bettors should deposit and withdrawal money when they need to. A horse racing app should provide promotions, as well. Most sportsbooks keep the same bonuses they have on desktop. Others add exclusive offers for mobile users. So, confirm with the bookmaker. Ensure that you play on legitimate apps. Look up the registration status and reviews too. See what other punters think of the platform.

Convenience is the biggest benefit of horse racing apps. You can easily gamble on the go from your smartphone or tablet. An app is less cumbersome than a desktop site, and you can log into in seconds. You might find that the available events are limited. All in all, with the right app, you can enjoy stress-free horse race betting at your fingertips. Free Bets — Open accounts with numerous sports betting sites to receive free bets. You are under no obligation to bet any more than you would with just one bookmaker and you will soon discover which site suits you best and offers the best value.

Best odds guarantee — If you take a price about a horse and the SP is better, most bookmakers guarantee that you will paid out at the better price. Check each website for details. Compare prices — Once you have more than one online account, you can compare prices to make sure that you get the best value for your bet.

Check going reports — The ground is one of the key factors in assessing form. Some horses prefer faster ground but very few excel in heavy ground. A sudden change in the going can drastically alter the complexion of a race. Study the form — It is always worth taking a little time to study the form of the runners. Your ideal selection should have good recent form over the distance and on similar ground. Keep a record — If you are serious about your betting, keep a record of your investments.

Keep up-to-date — Just as you would follow your football or sports team, you should follow racing closely on a daily basis. You never know when a useful snippet of information will be helpful to you in placing future bets.

Ante-post betting — Always check the racing reports to confirm running plans before placing an ante-post bet. Special bets — Check online regularly for the latest special bets which can include stakes returned on fallers and enhanced prices on big race favourites.

Never bet beyond your means — Betting for most punters is fun and helps to make sports more entertaining. By approaching it in a business-like manner and keeping a record of your betting, you will guard against any future problems associated with gambling. The website at begambleaware. This offer is valid for 7 days from your new account being registered.

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