Horse Racing Betting Odds

There are so many established online bookmakers knowing which ones to choose when betting on horse racing can be a difficult choice. There are many UK horse race betting sites with amazing new customer offers for new players and racing promotions for all new accounts being registered.

You will notice many special bet offers for old and new customers when looking at various bookmakers for horse racing betting, sportsbooks, and online betting websites will try and tempt new customers online with various promotions and offers. Some research is advised when choosing the best website for horse racing betting.

Here is our list of the best UK betting bookmakers for horse racing.

It does not matter what code of racing you prefer, whether you are a flat racing fan or you prefer national hunt racing. Each code has its major meetings with flat racing’s highlights being Royal Ascot, The Epsom Derby meeting, The Arc de Triomphe, the Breeders Cup and of course the race that stops a nation in Australia, The Melbourne Cup or horse racing in the UK.

You might be more of a fan of jump racing and the Chelenham Festival, The Grand National meeting and the Punchestown Festival in Ireland in April are the biggest jump racing meetings each year. Whichever one you choose, betting on horse racing requires an investment of your time to learn how to read the form and analyse horses performances in case you’re betting without the favourite.

There are lots of tools to help you do this now, the starting point though are the form guides you will find in major racing publications such as the Racing Post and the Sporting Life (Digital). Any bookmaker you choose must have the ability to let you watch your races through live streaming.

One other thing to look for is a bookmaker that has a maximum winnings limit of at least £1,000,000 and best odds guaranteed offers with a successful high priced multiple or combination bet. This is just a couple of things, but also important is the ability to bookmakers with cashout your bet before the final selection/s have run. Bet365 in particular have a really good cashout function which calculates a potential cashout after each race and if you have had a couple of winners early in your bet, this can be quite attractive.

Because of the nature of the sport, you have a different range of odds from live odds on betting exchanges like Betfair and Betdaq, to fixed odds on sites like Sporting Index, then you have the type of odds offered by most horse racing bookmakers which is “best odds guaranteed bookmakers”

When betting on horse racing it is not just odds that are important. It is also key to look at how many places are being paid on the big field races and races at the big meetings.

A prime example of this was in the recent big staying handicap (The Cesarewitch) which was run at Newmarket with more than 30 runners. Many of the big bookmakers like bet365 and Paddy Power were offering 1/4 odds for the first 6 places but Skybet were offering 1/5 odds for 8 places.

Now when we looked at the odds you would expect that Skybet would have much shorter odds but this was not the case. Therefore with horseracing it is very important to look at the number of places being offered, this is where a new customers or seasoned punter can find an edge and real value.

Top 5 with Best Odds on Horse Racing.

Going through all of the different bookmakers we have found that on average you will see anywhere between 10 – 20 meetings being serviced each day with an average of 7 to 12 races at each meeting. Gone are the days when you could bet just on English racing.

Now you have the opportunity to bet on racing from right across the world including

the following countries: England, Ireland, France, United States, South Africa, Australia, India, Dubai and Germany. Racing is an international sport and bookmakers have embraced that. Specialist “racing bookmaker” Racebets also cover worldwide trotting and greyhound racing in their offer.

In addition to the above-mentioned bookmakers, BetFred, Coral and Stan James all have sponsorship ties with horse racing and of course are not very far behind our top 5 when it comes to market coverage.

Best betting selection on Horse Racing:

Bet365

Skybet

Paddy Power

Betfair

Racebets

Our Top 5 Bookmakers for market coverage & betting selection.

Because of the nature of horse racing there are not many options with in play betting , of course the exceptions to this are the betting exchanges who bet in play on both the win and place markets. Betfair, Betdaq and SMARKETS are the three main betting exchanges.

You can place your bets with some mainstream bookmakers but it is sometimes difficult to place because the time lapse is too quick, especially with flat racing.

The other more important issue is that the odds you will get are far worse than you can achieve by using one of the betting exchanges.

Here at BookmakerAdvisor we have selected 5 of the best horse racing bookies for horse racing punters, these in our opinion offer some of the best horse racing betting offers for new and existing customers with the best odds guaranteed and we have explained each of them below.

Bet365 – Enhanced Place Terms & TV Racing 4/1 Offer

Bet365 offer bigger and better place terms on all UK and Ireland racing every day of the week. Even in races of 20 runners you will find Bet365 offering 5 places when others are only paying 4 places. They also offer some of the best horse racing odds, which makes them one of the best horse racing betting sites UK.

They also have a special offer for racing on ITV for old and new customers. Back a winner at 4/1 or more on any ITV race and Bet365 will give you a free bet on the next ITV race. More winners you back the more moolah you make.

Racebets – Jackpot Freeroll & Raiders Bonus

Play the free Racebets comp to win the loot. A cool £5000 is up for grabs in this fun horse racing competition.

For serious racing punters the raiders bonus is a great offer, if you place a bet on a UK or Irish trained runner racing abroad and it goes on to win, then Racebets will give you a win bonus of 10%.

Coral – Bet & Get Club

A brilliant idea for horse racing fans who like a flutter each days racing. Get a £10 free bet every week when you bet a total of £25 between Monday and Thursday. e.g. Bet £8 on Monday, £6 on Tuesday, £3 on Wednesday and another £8 on Thursday and you qualify for a free £10 bet the next week…….brilliant offer. One of the best on the market for existing or new UK customers.

Also Coral offer the unique “Watch Free” facility, a great way of following the racing even if you have not had a bet. This virtual experience allows you to keep track of every big race every day, even when you don’t have a bet.

Betfred – Place Money

Not seen anywhere else on the horse racing markets or other betting sites in the UK, many bookmakers will give you a free bet if your horse finishes second to the SP fav, Betfred go a step further. Back a horse in a selected race, and Betfred will return your money back if your horse finishes 2nd or 3rd to the SP Fav.

Skybet – First 8

Recently Skybet have become very aggressive in the horse racing sector and are now paying 1/5 odds up to 8 places in the big horse racing handicaps.

When judging which bookmaker/s to use for your horse racing betting, there are a number of different factors to take into consideration.

While the quality of the odds, the number of betting markets, live betting and streaming, plus bonuses and promotions are all important, there are other equally important aspects to consider when choosing an online bookmaker for any type of betting.

When betting on horse racing, you need a website which will allow you to find the race you wish to bet on quickly. You need to look for a bookmaker which mixes a good looking website with a solid user journey and functionality. Less is more on sportsbook websites, especially when it comes to horse racing. Make sure it offers a clean interface and solid colour scheme.

An important thing to look at is the bet slip. It needs to be simple to understand and have the ability cater for both multiple bets and combination bets. If you are placing a Goliath bet for example, then you want to see exactly how many doubles, trebles and folds (accumulators) you have in your bet.

The majority of bookmakers will have a link to their horse racing betting in their top menu or in the main sports menu on the left. You need the ability to be able to place a bet fast.

With so many race meetings and races going on each day (can be one every 10 minutes on busy days) you want the ability to open up a race quickly and easily. A good sportsbook will have horse racing as one of its main sports on the home page. If you have a sportsbook that does not have horse racing in a very prominent spot on the site then this is not going to be a bookmaker you would use for betting on horse racing.

Ideally, you should be able to place a single (win or each way) bet within a maximum of three clicks and preferably two. This is the most common bet on a horse racing market and should be easy to do within seconds of landing on the site. If this is not the case then we suggest you continue to look at other potential sites you can use.

A few sites that do provide the two click user journey are bet365, William Hill and Paddy Power.

In today’s modern world you want the capability to be betting on the go, and a good mobile website experience is important. Mobile apps also improve the betting experience on horse racing and you can download your favorite bookmakers app from the App store or Google play.

You might be out and about, maybe even going to a race meeting. With on course bookmakers not offering such competitive odds, then an app lets you bet with your favorite bookmaker and still get the best value in terms of prices and place terms. An app is an easy way to place your bets on any sport.

When betting on horse racing across the UK and Ireland, as with any sport, you want deposits and withdrawals to be fast and secure. In addition, there should be no additional fees added by the bookmaker when using the most common forms of depositing and withdrawal.

Common deposit and withdrawal options include: VISA and Mastercard credit/debit cards as well as e-wallets such as Neteller, Skrill and PayPal.

To check a site is secure for taking payments you should check the top left corner of the browser bar where you should see a small green padlock icon. This tells you the site is secure, just hover your mouse over and it should show that the site is using a valid SSL certificate. This means that your financial transactions and personal data are encrypted and safe.

You want to know you are in the best hands when placing your bets on horse racing, this means choosing the top horse races betting sites or online horse races betting bookmaker with great customer service and live chat functionality.

We advise you actually test out the live chat agents with some questions about horse racing betting to see if they know their stuff. Here are a couple you can use.

1. Can you explain how many bets their are in a Lucky 15? Lucky 15’s are popular horse racing bets which comprise of 6 doubles, 4 trebles, 1 fourfold accumulator and 4 singles. Just make sure the agent explains this clearly.
2. I am not very good at maths……can you tell me how much I would win if I placed a £1 win yankee bet at 2/1, 3/1, Evs and 5/2 ? If they cannot answer in 1 minute or cannot give you the link to a betting calculator on their site then that is a sign of weak customer service.

Having several options to contact a bookmaker when you need them is vital, and every good betting website should have a contact telephone number, email address, postal address and live chat option.

A 24/7 live chat and telephone betting service is very useful when betting on horse racing as you may need to place bets quickly. One of the best bookies for this is Paddy Power, their telephone betting service is top notch.

Perhaps the most important aspect of any football or horse racing bookmaker when you are placing a bet is the trust value of the company. Knowing your financial and personal details are always going to be safe is very important, and the licenses held by a bookmaker usually give a good indication of their trust level.

Most of the top horse racing bookmakers will have their licenses displayed at the bottom of their homepage and visible in the footer for every visitor to see.

The most popular licenses for online bookmakers come out of Malta, Gibraltar, Great Britain and UK gambling commission. One or more of these licenses is a sign that the website is a safe and reputable option for betting on horse racing and sports betting in general.

It also pays to know a little about the history of the bookmaker. You can usually check this information by clicking on the Gambling Commission license link in the footer of the website. This will take you to a page which shows the current standing of the bookmaker.

The open nature of horse racing makes it difficult to predict who will win. Although odds are important in horse betting, however, horse betting has evolved and odds are not the only things you should check before placing a bet. Below are some key tips and tricks to know before you place a bet to help you maximize your chances of winning.

Check the trainer

Although many people believe that the horse and the jockey are the most important elements in betting on a horse to win as the outright or joint best, the trainer actually has a significant influence. However, keep in mind that there are some really good trainers who just don’t have the same stable size and don’t put up the same big numbers.

Check the going and the racing distance

The term “going” describes the ground, which might be Heavy, Soft, Good, or Firm. Going could be categorized as “Good to Firm,” for instance. Racehorses frequently have a preferred type of surface, therefore it might be helpful to compare the race’s surface to their previous performance to get the best outcome. Look for a horse that has placed or won on similar ground over a comparable distance in this event because some horses, like those mentioned above, struggle to perform well on heavy ground.

Study the gate number

Gate position is also important since it is better to be drawn on the inside of the track when going around the turns because all tracks in North America are left-handed and quite tight. Running out in lane 8 implies you effectively have to cover more ground, so think of it like an Olympic athlete would. Keep an eye on race distance statistics for each track, as there may not always be a demonstrable gate advantage, while at other tracks it may be very important.

Check the jockey

You don’t need to be an expert in riding techniques to identify who the top pilots in the industry are because after they have established themselves, the best jockeys will typically be given the best horses to ride. Although a few jockeys are formally linked to specific barns on retainers, they are all free agents and are able to ride for any trainer. The top jockeys in the world can win in the majority of race circumstances, but carefully examine the numbers to see whether some riders do better at particular tracks, over particular distances, or possibly at a given level.

Study the Horse

The race ultimately comes down to the horses. Before you pick a horse to bet on, the horse needs to be thoroughly researched. Read reviews from horse racing betting experts, the racing calendar, free racing, and racing specials. The horse’s background and experience are the first and most evident things to take into account. Have they already competed on this track? Have they ever triumphed here? How did they do in their most recent races? The horse’s condition is the next thing you should consider. It’s crucial to check the horse’s running history to see if it has lately suffered any wounds. The way the horse runs is another crucial consideration. While other horses would want to wait until the very end to take their full stride, certain horses will choose to lead from the front.

BookmakerAdvisor are one of the leading horse racing betting review sites online for both flat and jump racing. Our aim is to give horse racing fans and enthusiasts information and advice about the best bookmakers who cover UK and Irish horse racing.

The Top 10 are not the only online horse racing betting sites that offer horse racing betting and free bet bonuses. We advise you to take some time to look at each bookmaker review and see which one is the biggest and best horse racing betting websites for you. Also make sure to contact us with any special horse racing offer that you feel should be in our top ten. Let us know who the bookmaker is, what the offers is and why you think it would be great for our horse racing fans and audience.

We always value input from BookmakerAdvisor different horse racing experts and fans in our horse racing coverage.

The most popular horse racing section bet is a simple ‘to win’, whereby you bet on a horse to win a race and only win if the horse wins the race. However, there are several types of way to bet on horse using the best online bookmakers.

Spread betting

Sports spread betting offers you the chance to get against as well as get with horses in a particular race and also allows you bet on a wide range of markets taking in a full day’s racing or covering a full festival over a number of daily races. To place a bet, look at the Spread prediction on the betting site you want offering the best odds or spread on the market in question. If you think the outcome will be higher than their price, then you would buy on the spread. If you think the outcome will be lower than our price, then you would sell on the spread.

Tote Betting

Tote betting means you make a bet which goes into a pool. In essence, if yours is the winning selection, your winnings are a share of this pool. It can be a fun way to place bets and potentially win a higher prize. It is more like a pool betting.

Tote trifecta betting

This is where you select three horses to come first, second and third respectively. As with other tote bets, the winning pay-out is a share of the pool.

Ante-post betting

This simply means a bet which is placed ahead of the day of the race. As the market will change the most on the day of the event, ante-post betting can provide more favourable odds.

Each-way betting

This is when two bets are placed on a horse at once; the first of these bets is a ‘to win’ bet, and the second is ‘to place’. If the horse places, the bettor wins back a fifth of the ‘to win’ odds, so an each-way bet is good value at longer odds.

Placepot bet

This is another form of tote betting where you choose one horse to place in each of the races on the card, and your bets go into a pool. If you are successful, you take your share of the money in the pool.

Horse race multiple or multiple races betting

To place a ‘Multiple’ or an ‘Accumulator’ on horse racing online betting sites, you must put at least two selections on your betting card and, if all your selections win, you would receive highly increased odds as oppose to backing each selection individually. These are very high reward bets, but are rare to win. For example, if you place five horses on your betting card, you could then place a ‘Five-fold’ bet at excitingly long odds and potentially get back thousands more than your original stake. All five horses would have to win for you to win back anything; one loser breaks the whole bet.

Exacta betting

This is where you select horses in a race and the places you think they will finish. This is usually done to pick the first and second finishers, but you can choose more horses and places.

Let’s go over the explanation on how fractional and decimal odds work because you’ll definitely come across them while betting on horse racing betting markets whether you’re betting on excl horse racing, first day’s betting, or other range of horse racing betting. Horse racing bets are available on the racing betting sites for UK and Ireland as well.

In place of decimal or American odds, fractional odds are used in horse racing. If you’ve ever placed a sports wager, you’re probably aware that odds look like -110 or +200. These would be fractional odds of 10/11 and 2/1.

The ratio of the profit earned to the bet is represented by fractional odds. A fractional listing of 6/1 (six-to-one) odds, for instance, would indicate that you would win £6 for every £1 you bet in addition to getting your original money back (i.e., the amount you bet). So if you bet £10 on horse racing, you win £60.

As a result, you will receive your wager (£1) in addition to the profit ($6), for a total payout of £7. In other words, this is the ratio of the money (profit) gained to the initial bet. As a result, if you wager £10 at 6/1 and win you will be paid out a total of £70 (£60 profit + £10 wager).