UK Horse Racing Betting – The Ultimate Guide | How to Bet on Horse Racing Betting in UK
UK horse racing betting is a “national hobby” in the United Kingdom. The British people are racing horses and betting on them since the Roman Empire. (Yes, that Roman Empire.)
They host the most famous horse racing events in the world. Their “Jockey Club” is established in 1750 and one of the oldest ones in the world. Each year, horse races and UK betting sites that make them visible to bettors generate nearly 4 million pounds for the United Kingdom economy.
In short, there are lots of reasons for you to start betting on horse races. Your ancestors demand it. But if you are not sure where to start, we have good news: this guide for UK horse racing betting is just the thing you are looking for.
Below, you can find everything you need to know about the national sport of Britain and a list of the biggest bookmakers UK sites.
- 1Horse racing betting systems in UK
- 2The best UK horse racing betting site in 2023
- 3Horse racing betting terminology in UK
- 4Top Horse Racing Betting Sites in UK [2023] - Updated List
- 5How to bet on horse racing in UK: Reading a race card and placing a bet
- 6Placing a bet on UK horse race betting sites
- 7Other Top Recommended Picks for Horse Racing Betting in UK
- 8UK horse racing bet types and their explanations
- 9Basic types of horse racing betting UK
- 10Forecast betting types
- 11Multiple bets
- 12Tips & tricks for UK horse racing betting
- 13UK horse racing betting odds: How to read them?
- 14Pros and Cons of betting on horse racing in UK
- 15FAQ about horse racing betting in UK
- 16A final word on playing at the best horse racing betting sites in UK
We can say that there are two main horse racing betting systems UK: flat racing and jump racing. Flat racing is the most common system. The horses race on an oval track without any obstacles. The length of the track can be anything between 400 meters and 4 kilometers. The most famous flat races in the world are the Melbourne Cup, Japan Cup, Epson Derby, and Kentucky Derby.
Jump racing, on the other hand, is much more common in the United Kingdom. It is known as “National Hunt” and means that there are several obstacles on the race track. Grand National, The Open, and The Winter Festival are the most famous jump racing events in the world.
The best UK horse racing betting site in 2024
You can use its native apps for iOS and Android too, if mobile betting on horse racing is what you are looking for. And the best part is you get a 100% match bonus for your first deposit, up to 100 GBP.
Horse racing betting terminology in UK
We cannot talk about UK horse racing betting without explaining some terms first. You will see lots of “weird” terms at new horse racing betting sites UK, and it will be quite hard to understand them if you are a beginner.
To help you, we are listing and explaining the most common UK horse racing betting terms below, most of them also applying to dog betting, too. There are, of course, other terms too, but since this is not the purpose of this guide, we will only explain the most frequently used ones.
Further Information
- AWT: Short for “all weather”. It means the race track is artificial and can be used in all weather conditions. There are 5 AWT race tracks in the United Kingdom and all of them are supported by horse racing bookies online UK. These tracks are located in Chelmsford, Kempton, Lingfield, Southwell, and Wolverhampton.
- Blanket Finish: The horses finished the race almost at the same time and it is impossible to understand which horse has won. (They were so close; you could throw a blanket between them.) Also known as photo finish, because the judges need to check the photo at the finish line to determine the winner.
- Banker: The horse that is expected to win the race is known as “favorite” at bookmakers by country all over the world. The British, on the other hand, call that horse a “banker”. A banker horse is not to be confused with the banker bet.
- Bar: What does bar mean in horse racing? The bar price refers to the collective odds of horses not quoted individually. 20/1 bar means that the horses which are not shown in the forecast have odds of 20/ or bigger.
- NAP Bets: This term is pretty common in horse racing. It is short for “Napoleon” which is the best hand in a French card game. So what does NAP mean in horse racing? UK horse racing nap bets mean “sure bets”, the bets you are expected to win. Lots of betting sites publish a NAP list every day on their main pages.
- Betting Rule 4: Reducing the odds of a race after a horse is withdrawn from that race. Such an action will increase the winning chance of other horses, so their odds are reduced. It is a very common practice at betting exchange UK.
- Betting Exchange: A market where the bettors can place a horse racing bet against each other, instead of against the bookmaker. Betfair is the most popular (and the first) betting exchange in the United Kingdom, offering various betting currencies for different punters. Betting exchanges have lower house edge percentages, so the bettors can earn more.
- In-Running Betting: A term for UK horse racing live betting. It means placing a bet while the race is going on.
- Free Bets: Refers to a promotion that is pretty popular at new horse racing betting sites UK. You get a bankroll for free to place a bet, and if you win it, the prize is yours to keep. Basically, you can play free bets UK with this promotion and keep the payout. There are, of course, lots of terms, conditions, and limitations. Refer to our other guides and reviews for more information.
- Place: Second position in a horse race. It also has a special bet, see below.
- Each Way: Betting that a horse will finish the race first or second. This is a specific UK horse racing betting type, see below.
- In The Money: The first, second, and third horses.
- Maiden Race: This is a pretty common term used in horse racing sites UK. It means all the horses in that race did not win any race in the past, they are “maidens”. Such races can offer quite high odds.
- Pocket: Or, “boxed in”. If a horse is in a pocket, this means that it is surrounded by other horses from all sides and cannot move freely.
- National Hunt: This term is specific to horse racing betting sites UK. It means “jump racing”. While the horses are racing, they also jump over obstacles.
- SP (Starting Price): What does SP mean in horse racing? SP simply means starting price, the odds on a horse right before the start of a race.
- Turnover: UK horse racing betting turnover can refer to two things: the profit rate of the bookmakers by payment methods or the wagering requirement of a betting bonus.
Top Horse Racing Betting Sites in UK 21 November 2024 – Updated List
How to bet on horse racing in UK: Reading a race card and placing a bet
Tip
A race card is a physical card that lists all races of that day and shows the times and odds of these races. It can be obtained free of charge from all hippodromes. You should not confuse it with the bet slip. This card is for informational purposes only. Think of it as a TV guide. By looking at the card, you can be aware of every event that will take place that day. Its design is different in every hippodrome, but the elements it contains are always the same. Usually, there is the name and age of the horse on the left side, jockey information in the middle, and betting odds on the right side. There are also a number of letters under each horse name. The descriptions of these letters are as follows:
- A: The horse has previously won a race on this track.
- D: The horse has already won a race of the same length.
- CD: The horse has previously won a race of the same length on this track.
- BF: The horse was listed as a favorite in the previous race, but lost.
Horse racing betting sites UK also use a “digital” version of these cards. But they are easier to use – race cards and betting coupons are located on the same screen and can be used together. Let’s explain this more by using a step-by-step guide.
Placing a bet on UK horse race betting sites
In order to save time and avoid risks, just pick one of our recommended horse racing bookmakers UK.
Or, maybe there are no deposit betting UK bonuses and free bets you can use without making a deposit.
When you select any race from this list, the race card opens in the middle of the screen. This card contains all the information you need, just like physical cards. But unlike physical cards, betting options are also included here.
You are not considered to have placed your bet without pressing the “submit” button at the bottom of the coupon. You can bet multiple bets on multiple races. Or, you can choose only one race and one bet - the decision is yours. In any case, when you're done, hit the “submit” button and wait for the race to end.
Note that you can do all of these from mobile devices too. And you don’t even need to use a horse racing betting mobile app UK: You can simply use the website and place your bets with your mobile browser.
If you want to use an application, this is also possible. While we cannot pick the best mobile betting app UK for you, our recommended UK horse racing betting websites support native applications too and we suggest starting with them.
Other Top Recommended Picks for Horse Racing Betting in UK
UK horse racing bet types and their explanations
You are now ready to start playing and live betting at online horse racing betting UK websites. However, there is still a small problem: what kind of bet should you place? Horse racing bets are not as simple as UK political betting, there are lots of possibilities and outcomes.
And picking the right one is important, because each bet options offers a different payout & winning chance. So, what are these types and which ones are best for beginners? Let’s take a look.
BET NAME
EXPLANATION
WINNING CHANCE
These options are also available as “ante-post betting”. Ante-post means placing a bet before (at least a day before) the race. In other words, you are placing a bet way before the market opens. It is even possible to place a bet for a horse race that will happen in a month. You can place an ante-post bet for any kind of sports, even for cricket betting UK.
The type of the bet is not important: As long as you place it before the markets are opened, it is called an “ante-post”. So, what is the reason for such bets? Most bettors believe that ante-post betting offers higher odds and once the markets open, these odds will start to decrease.
This is actually true: Odds are dynamic and can change according to recent developments. For example, a favorite horse can stop being a favorite and this will affect the odds. By placing an ante-post bet, on the other hand, you are securing these odds.
That being said, ante-post bets are also riskier. You tie your money to a particular horse or horse group well in advance, and current developments can make this completely pointless. For example, if a favorite horse gets injured after placing the bet, your odds will not change, but your bet will also have no meaning, because that horse has no chance to win anymore. If you are a beginner, we recommend that you stay away from ante-post bets for now.
The basic strategy for the basic UK horse racing betting types is simple: Stick with bets that offer you multiple options, so you can get better chances. In this regard, Across the Board, Each Way, and Place Only bets are the best options for beginners. Just stick with the favorites and prefer to play at new UK betting sites (including 5 pound betting sites), they will offer higher odds.
Forecast betting types
BET NAME
EXPLANATION
WINNING CHANCE
Multiple bets
BET NAME
EXPLANATION
WINNING CHANCE
To be honest, there is no actual strategy to use with multiple horse racing bets. The idea of them is to get higher odds by stacking lots of outcomes on a single bet coupon. This really works, you can get amazing odds with these bets. However, there is a reason for that. These outcomes are extremely unlikely to happen. Forecast bets, reverse forecast bets, and super high five also represent great choices.
Moreover, some of them will cost too much. You can try your chances with accumulator bets, but we recommend staying away from others, especially if you are a beginner. The majority of UK new betting companies won’t even offer most of them, some of these options are only available at hippodromes.
Tips & tricks for UK horse racing betting
Tip
- Learn to manage your bankroll. Simply put, do not spend all your money on one bet. Instead, split your budget into small pieces and use them in different types of bets. For example, use 4% of your budget for the “Win” bet and 8% for the “Show” bet. We gave some suggestions above, while explaining the bet types. No deposit betting UK is also a good way to start.
- Make your research. Find out every detail about the horses you want to bet on. Don’t forget to review the general statistics. For example, did you know that favorite horses only win around 33% of the time? Or that the jockeys in the top 10 list won 90% of the races? Or that the post position can influence the chance of a horse to win. Consult post position win percentage statistics to learn more. UK licensed bookmakers should offer these types of information to help you make the best decisions.
- Keep records. Whether you win or lose, keep detailed records about everything: Your bankroll, the results of races, the performance of horses, even the personal life of the jockeys. Create your own personal database and use it for research.
- Compare odds. Compare the odds of different bookmakers. This will allow you to get the best payouts. Moreover, comparing these odds can be used as an arbitrage betting UK This means taking advantage of the odd differences between the bookmakers and placing multiple bets for all outcomes, so no matter what the result is, you make a profit. Also, don’t forget that early horse racing odds UK will always be better.
- Take advantage of the bonuses. Free bets and no deposits UK, welcome bonuses, reload promotions, cashback bonuses – there are plenty of betting offers UK that can give you the edge. Compare them and use them: The right reload offers UK can make all the difference.
UK horse racing betting odds: How to read them?
UK betting industry uses fractional odds and this applies to horse racing bets too. They are shown with two figures separated by a slash, i.e. 1/1. The odds in this example are also known as even odds which means you use EVS betting to double your stake. The figure on the right side represents your wager. And the figure on the left side shows the payout. You can see some examples in the table below:
ODDS
MEANING
Pros and Cons of betting on horse racing in UK
PROS
- The races don’t last too long
- There is a different race every day
- The odds can be quite high with the right selections
- One of the oldest sports in Britain
- Lots of bonuses are available
CONS
- Some multiple bets can be quite complex
- Not as simple as most other sports
FAQ about horse racing betting in UK
Spread betting UK means placing a bet for whether the outcome will be above or below the spread (a specific value or point). It is a financial betting term and its uses in horse racing betting are very limited. Horse races are not based on points.
Match betting UK means using the free bet bonuses of two different betting websites and using them to place a bet for all the outcomes to guarantee a winning. This technique can be used for horse racing betting too but it won’t be as effective as other sport types.
Yes. All forms of gambling are legal in the United Kingdom for more than 50 years. Gambling age UK is 18, so as long as you are 18 years old and over, you can participate in any kind of gambling activity.
We have good news for you: There is no horse racing betting tax UK for the bettors. Gambling taxes are paid by the operators and bookmakers.
On our website, of course. We will always offer you an up-to-date list of the latest horse betting sites UK. Moreover, we will offer a review for them too.
A final word on playing at the best horse racing betting sites in UK
We reached the end of our horse racing betting guide UK and we believe that you are ready to place your first bet. The only thing left is choosing a UK horse race betting site. We listed several options for you and any of those will be a good option.
Pick one, register today and place your first horse racing bet with a bonus: This will be the start of a fun and profitable journey. And if you want to try something new and interesting, remember that we have a esports betting UK guide too. Also, if you also want to learn how to bet online from abroad as a UK player, make sure you check our guide. Another type of bet available on horse racings is dead heat betting, you can find more about it from our updated guide. We wish you good luck on the tracks: See you at the hippodrome!