Horse Racing Betting

Horse racing odds represent the return that a bettor can expect on the investment made if the wager wins, with the odds of or the payout reflecting to a larger degree the percentage chance the horse that you wager on has to win the race. The lower the chances of success mean the bigger the payoff will be.

For beginners in the world of horse racing or those that are fairly new to betting on off-track horse racing, a comprehension of horse racing odds is by far the first thing they need to know. Seeing a long list of payouts or potential payouts can be somewhat confusing. But in reality, everything is simple than you may previously imagined.

Horse racing Bets and Odds

In this article, we look at matters to do with horse racing from best horse racing betting sites to horse racing bet types, and popular horse racing events.

Best Horse Racing Betting Sites

If your preference lies in fast action along with sports betting, you’d better try your hand on the horses. However, for most of the time, you find it hard getting out to the track due to work or some other responsibilities. So what now? Thankfully, with technology and everything, your entire favorite tracks can now easily come to you from the comfort of your home, making betting on horse races easy.

Today, we have plenty of horse race betting sites that are now offering bettors’ horse racing action directly from their phones, computers, tablets, and smart phone devices. As long as you have good internet connectivity, you are good to go. While almost all of them claim to be the best in business, in reality, that’s not the case. Some are good, while others are bogus, so to say. The following are the best horse race betting sites:

Paddy Power

Paddy Power

Paddy Power is one of the best horse racing betting sites consisting of an excellent range of horse race betting markets. Not sure of what to what to wager on? Paddy Power has helpful links to some of the best tipping content to help you. It even gets better as you can watch the entire Irish and UK action without any cost at all at Paddy Power’s site.

€10 Free Bet

Paddy Power delivers one of the most eye-catching betting offers for blockbuster horse racing events such as the Cheltenham Festival or the Grand National. But they also take the interests of regular racing bettors too. You can opt in to Paddy Power Reward club, where your horse race wagers each week earns you some free bets. For a massive range of markets on every single horse racing event, you may want to try Paddy Power.



There’s no horse racing betting site with the ability to match the depth and breadth of race betting options available at bet365. This sportsbook extends its commitment further to the extent of providing bettors a massive range of betting markets not only in the UK and Ireland, but also in many other countries around the globe.

up to 100 GBP

Bet365 is an excellent place to be, especially for value seekers. If you are an early price hunter, you’ll notice that bet365 is always the first sports betting site to put up their odds for racing that’s on schedule. Their Each-Way markets offer some amazing punting galore, even for cut-and-dried contests. With a brilliant sign-up offer along with a supporting cast of customer promos, especially on ITV Race meetings, bet365 is the place to be for race bettors.



The place “where the nation play” is another top horse race betting site that you may want to check out. Ladbrokes boasts of an impressive range of horse race betting markets, along with existing promos for new and existing customers who engage in horse race betting at the site. They are one of the few sites that give its customers free bets to use on horse racing events with players having to jump through some hoops to get it.

£20 Free Bet

Arguably, one of the best things about Ladbrokes as a site where you can wager on horse races is its bet boosts. Plenty of sites these days offer bet boosts on horse racing, but a majority of them will get to boost your wager up to a maximum stake of £20. Fortunately, enough, Ladbrokes blows everything out of the water, offering odds boosts on stakes of up to £50.

William Hill

William Hill

William Hill is one of the oldest and arguably the most experienced bookmaker in the industry. We couldn’t name top horse race betting sites without mentioning William Hill. William Hill provides almost everything that you need from a horse race betting site. They have some of the most extensive horse racing markets, and attractive bonus offer for those who get to wager on horse races, or a specific horse to win.

Bet €10 Get €30

Even though they mostly cover horse racing events in the UK and Ireland, you cannot miss to find an excellent coverage of other racing events in other countries such as Australia and the US. That’s not all. One service that William Hill offers is the William Hill Radio. It’s a service that you cannot find on any other horse race betting site. This service is superb as it offers in-depth horse racing coverage every day.



The moment you log into Betfred’s website, it becomes clear that this bookmaker is another top horse race betting site. It’s an ideal place for fans of Lucky15s, Lucky 31s and Lucky 63s since they pay one of the biggest one-winner consolation bonus. Existing customer offers are quite impressive, consisting of a regular supply of money-back specials and extra places.

Having to pay double the odds for a single winner on horse race bets remains to be the industry standard. But at Betfred, you can expect doubles, trebles, fourfolds, and plenty of other hard-to-resist offers when you wager with them. There are plenty of reasons as to why you may want to place your horse race bets with Betfred. But no site offers one of the best one-winner consolations for horse racing multiples such as Lucky 15.

Horse Racing Betting Types

There are plenty of horse racing betting types to choose from when placing your bets. From singles to multiples, below, you’ll find a list of some of the most popular bet types. Some of them require the horse to win, others back two selections where your horses need to come second or third, while others, such as forecast requires your horse to come first and second in the race. The following consists some of the most common horse racing betting types.

  • Single
  • Double
  • Treble
  • Accumulator
  • Trixie
  • Patent
  • Yankee
  • Lucky 15
  • Canadian
  • Lucky 31
  • Super Yankee
  • Heinz
  • Lucky 63
  • Super Heinz
  • Goliath
  • Alphabet
  • Single Stakes About
  • Double Stakes About
  • Round Robin
  • Flag
  • Super Flag
  • Super Heinz
  • Union Jack
  • Goliath Flag
  • Each-Way
  • Forecast
  • Reverse Forecast
  • Match Bet
  • Placepot
  • Jackpot

As you can see from the above list, there are plenty of bet types when it comes to wagering on horses. For wins, you may want to stick to those that you clearly understand. That said, the following are 2 of the most popular horse racing events in the world.

Cheltenham Festival

The Cheltenham Festival is by far one of the most popular horse racing events in the United Kingdom. Hosted in England at Cheltenham Racecourse in Gloucestershire, the race attracts plenty of spectators and horse race betting enthusiasts ready to wager on a wide range of Irish and British-trained horses. This annual event joins the best top National Hunt horse from Britain and Ireland. The Cheltenham Festival is very huge for betting, consisting of almost 30 races that generate massive revenue. It lasts for 4 days, the last race taking place on Friday.

Grand National

The Grand National is another popular steeplechase globally. It’s the highlight of the Grand National meeting that takes place on an annually at Aintree racecourse. Aintree racecourse is close to Liverpool. A distinguishing factor in the Grand National is the distance and the nature of the fences. Over time, there has been an adjustment of the fences to reduce casualties. The Grand National is one of the largest betting races annually since many people who try to wager here don’t see the need of wagering anywhere else. It takes place one month after Cheltenham, to allow horses to take part in both.

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