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Horse Racing Betting Odds

There is no doubt that watching horses thunder down a racetrack is thrilling, but if you have placed a bet on the race then the experience is even more exciting. When betting on a horse race, there are many different betting markets available and by taking advantage of them all, you can greatly increase your returns. Of course, the most basic bet is on a horse to win the race and it is a great place to start, but it is also worth learning about some of the other types of bets.

How to Bet on Horse Racing

If you think that a horse is going to do well in a race but you are not sure that it will win then you can bet on it to Place, in other words to come first or second. It is a less risky bet, and the odds reflect this, but it is often a good compromise to make. You can also bet on a horse to come second, or you can combine these. When you look at a specific race, click on the ‘Forecast’ tab and you can bet on predictions of which horses will come first and second. For some races, you will also see a Tricast option and this allows you to predict the first, second and third place finishers in the correct order. There are also Reverse Forecast bets, and this allows you to select two horses that will finish first and second in any order, the same is true of the Tricast bets, and this is called a Combination Tricast bet. If you just want to place a quick bet then you can place the ‘Favourite’ or ‘2nd Favourite’ bets. The favourite is on the horse quoted at the shortest odds at the official starting price and the second favourite is the horse quoted at the next shortest price. Thanks to all of these different types of bets available to you, you can bet on a large number of different scenarios and become as involved in the betting process as you are comfortable with.

Knowledgeable Horse Racing Betting

There are many different styles of betting on horse racing, some people will just pick a horse based upon its name. However, fans of the sport can draw upon their knowledge of the individual horses, the racetracks, the surfaces, and so on, in order to place bets that are more successful. For instance, if you know that a horse has been running well recently but you think that the going on a particular day is not suited to that horse, then you could bet on the horse to place rather than to win. Conversely, if you spot a horse that in your opinion has been underperforming but you think the conditions are perfect for that horse then you can use the different types of bet to capitalise on this and this make horse racing betting a truly exciting experience. 

Horse Racing Betting Markets

Horse Racing is one of the most popular sports to bet on. There are races taking place at tracks around the world on an almost daily basis and while it is often the big name races such as Royal Ascot and the Grand National that attract the most action, it is possible to bet on many more races. Here at mr.play we do our best to bring you the most competitive odds on horse races taking place across the globe. By taking advantage of our odds, you can enjoy better potential payouts, even when betting on the favourites. We cover races at all of the major UK tracks, such as Cheltenham, Ascot, Aintree, Newmarket, York, Goodwood, Kempton, Warwick, Chelmsford, and more. We also cover international tracks such as Turffontein and Greyville in South Africa, Perth and Melbourne in Australia, and more. Thanks to this, you will be able to bet on races no matter where they are taking place.

Different Types of Horse Racing Bets

There are three basic types of horse racing betting markets, Win, Place and Each-Way. These are fairly self-explanatory, you can bet on a horse to win, you can bet on a horse to finish in one of the places (the number of positions this covers will vary according to the race, it could be two, three, four, or occasionally more), and the each-way bet is a safer form of bet. If you bet £5 on an each-way bet, it will cost you £10. You bet £5 on the horse to win and £5 on it to place, if the horse then wins, you win payouts for both parts of the bet, but if it finishes in the places, you will be paid out for just the place part of the bet. You will hear about some horse racing betting markets that sound complicated but are in fact very straightforward, such as Exacta, Quinella, Trifecta and Superfecta. An Exacta market is on which two horses will finish in the top two positions and in which order, a Quinella market is very similar, it is on the horses that will finish in the top two positions but not on which order they will finish in. A Trifecta bet is on the top three horses and a Superfecta bet is on the top four horses, with both markets you have to select the order of the horses as well. To help you place these bets, when looking at a betting market you will see information about the horses including its recent form, its weight and age, and its previous odds.

At the same time as placing bets on a wide range of horse races across the world, you can also enjoy a number of exciting promotions at mr.play and stay updated with all the latest results from racetracks around the world. There is always plenty going on at mr.play, so sign up today to start enjoying all that we have to offer.