How To Place Bets on Horse Racing UK
How To Bet On Horses UK is one of the most frequent questions we get lately. Some of the beginners to online betting on horse racing might think the lines and available markets are looking complicated. That is far away from being true, as with a couple of useful information from this article all players will understand the odds rules and lines. We will guide you through the whole process of starting online wagering adventures. There are plenty of good promotions available for horse racing at the moment, so don’t forget to check them in our box below. Keep in mind we are promoting only trusted and reputable brands on this website, so your money is 100% secure.
The first thing to do
The first thing all UK bettors need to start betting on horse racing is a new sportsbook account. Simply pick one from the list below, complete the registration, make the first deposit and see funds appear in your account balance. From there, head to the sportsbook section, find horse racing offer and pick your winner! Of course, we don’t recommend high stakes for the early days of online sports betting. Place a couple of bets with small stakes and see how it goes!
The Basic Understanding
Besides having a betting account, punters will also need a basic understanding of horse racing bets. The most crucial thing is to understand how the odds work. The lines in the UK are usually displayed as fractions, even though other parts of the world prefer decimal or American style odds. If the odds on a horse to win the race are 2/1, that means you will make 2 pounds profit for 1 pound bet. The same formula applies to slightly different types of fractions like 15/2 (you will profit 15 pounds for 2 pounds bet, etc). Another thing worth mentioning is that nowadays big favorites on horse racing are sometimes also marked as “odds on”.
How to bet on a horse race for dummies UK?
First of all, create a sportsbook account and complete the registration.
Make sure you have available funds in the account, head to the sportsbook and find a horse racing event to bet on!
Here are some of the most common bets and things tied to online horse racing betting in the UK. Like in a majority of other sports, Win Bet is the most straightforward of all. By using this bet you are simply predicting the winner of a given race. Place the bet, cheer for your pick and hope it is going to pass the post before the others.
The second most popular type of bet is called Each Way, and it usually provides a lot of extra security for your wagers. This is actually two bets contained in one. So, if you place 10 pounds Each Way bet, this means the total wager will be 20. Half of that is backing your horse to end 1st, while the other is placed on a separate bet. If your horse ends 2nd or 3rd the final odds will be reduced but you will still win some money. Some of the punters prefer betting Each Way even though the profit margins are much lower in comparison to winning the bet.
Besides these two, there are only a couple of more popular options. Place Bet is an occasional offer by the bookies when they set up odds for a place only. Head to head betting had a small bump in popularity recently. You are simply picking between two horses which one is going to end up higher. “Not To Win” bet is not seen so commonly in regular sportsbook but betting exchanges. In this one punter are predicting a horse not to win a particular race. It could be fun to cheer for all horses but one and collect winnings.
What are the best offers to bet on horses UK?
There are plenty of great offers to bet on horses in the UK, but we are going to stick with the most popular ones in this part of the article. Another thing worth mentioning here is that a lot of offers usually pop up around big events, especially Grand National or Cheltenham. These differ from enhanced odds on favorites, free bets, first deposit bonuses, etc.
BetVictor’s Grand National Offer
One of our personal favorites when it comes to great promotions are BetVictor. UK’s popular brand always attract a lot of new customers by offering huge six places paid on the Grand National. This is far more than any other sportsbook nowadays, and it represents a massive boost in percentages when it comes to winning or losing the bet.
Betfair Topping Our List As Well
Five-star rating providers when it comes to betting exchange Betfair are having superb odds when it comes to horse racing. This adds up slowly and allows players to use frequent free bets thanks to the amazing loyalty program. The more bets you place every week, the more points for spending you get. Their site is designed in a user-friendly way, and we recommend it both to experts and beginners. Besides that, there is a radio for horse racing, live-streamed events, a form of the horses, the latest betting news and statistics! There are occasional cashback options as well!
Tips and Tricks to Increase Profits from Horse Racing
Best odds guarantee option is usually offered by three or four different bookmakers. In case you are not familiar with what it does here is a short explanation. Let’s say you backed a horse at 2/1 odds five hours before the race. Meantime, the odds on the horse increased to 3/1. Best odds guaranteed option will automatically replace the lower odds on your bet slip, which could be super-useful for long term profits.
Comparing prices is another great characteristic of smart horse racing punter. Opening a couple of accounts with different bookmakers is always a good idea. Simply find the best offer and go for it! No one likes to grab the lowest price possible right?