Recommended UK Horserace Bookmakers 2020
Watching horse races is a big part of British culture for centuries. Just as exciting is horserace betting, which allows you to back your favourite horse and jockey by placing bets at your bookie shop, or log in and place bets on your sports betting website. Horse racing came to an abrupt stop in March due to the Coronavirus pandemic, but the excitement of horse racing and betting is back with a vengeance, being one of the first sports to resume in the UK. The Playright team features the best betting sites, and everything you need to know for betting on the sport of kings during the post COVID-19 era.
Horseracing amidst COVID-19 – Latest News and Developments
Dating back centuries, horseracing has been one of the iconic landmarks of UK culture. And together with the races of course comes the horserace betting which has forever been one of the ways for the horseracing crowds and enthusiast to place bets on their favourite horse or jockey and become part of the great spectacle.
Although the way people bet on horseracing changed dramatically with internet and technology that saw the evolution of online and mobile horserace betting, some of the iconic races are held for hundreds of years and carry traditions of centuries. But like many other aspects of life that changed dramatically due to the Coronavirus pandemic, horseracing and consequently the horserace betting industry faces many challenges and also had to adapt to a new reality.
Our team of horseracing expects at playright.co.uk previously wrote about horse racing amidst COVID-19 noting the immediate effects on the sport and on horserace betting during lockdown. Now that many races are back, and alongside them horserace bets, it is very different than how things used to be. We put together a list of a few of these changes and how they impact the horseracing ‘new normal’, so let’s take a look:
Sadly, many horse racing events are still being cancelled due to the Coronavirus pandemic. It may be due to public safety concerns, uncertainties of schedules and venues or simply down to costs. One example is the St. Leger Horse Racing Festival which is due to begin in Doncaster on September 9 is still being questioned.
Although the festival that is also big with horse racing bettors is included in the government’s scheme aimed at returning crowds to races, it is still questionable as local government opposes the race and Doncaster mayor Ros Jones said the decision to hold the race puts the borough’s COVID-19 situation in jeopardy and the risk is too great.
All the bookies reviewed by playright.co.uk are fully licenced and regulated by the UKGC and will never charge you for a bet placed on a race that was cancelled. But we still recommend you to go into our site and check the news and odds for races that are taking place vs those that are cancelled or postponed.
Jockeys Not Racing
The UK’s horse racing community is now worried about a new issue that can seriously affect race outcomes as well as bets placed on horse races. The BHA (British Horseracing Authority) has recently confirmed that one of its jockeys who attended race meetings (although not actively racing for the past few weeks) has been tested positive for Coronavirus.
This came as a bit of a surprise to the horseracing community which often spoke proudly about not seeing any positive Coronavirus cases and being a low-risk sport due to the rural settings and open-air events. But the concentration of stables, stable staff, trainers and jockeys apparently carries risk for races to be vulnerable to a local spike.
There are also some cases of key figures not adhering to COVID-19 protocol like trainer Gary moore who was fined earlier this month for breaching safety measures. Most recently, a favourite jockey of many horseracing bettors, all-weather champion Ben Curtis who was banned for 14 days and escorted from New Market last Friday for breaching the Coronavirus protocol.
This will obviously affect the odds and outcomes of bets placed on horse racing. So playright.co.uk advises punters to check the news before races for jokey, trainer and staff clearance before locking in your horseracing bets.
Horse Sales Being Cancelled
A big part of horse racing is the auctions and sales of horses in both training and those already competing. There are also some new bookmakers that we feature on playright.co.uk that at times offer bets and odds on horse prices. Due to the COVID-19 challenges some of these sales are being cancelled. Namely horse auction house Tattersalls has made a decision to cancel the 2020 Ascot November and December sales.
This will surely have an effect on the horse races as less new horses in training will enter races in the near future. How will it affect horse race betting? That’s a good question actually, as familiar horses could possibly work to the advantage of horseracing punters.
Government Horse Racing Pilot
Even though there are challenges the sport needs to overcome and horserace punters need to be aware of, there is a silver lining. Horse racing is one of the UK sports that were allowed to resume pretty early with races and horserace betting being allowed to resume behind closed doors since June 1. Owners have been allowed back to the track since Derby day at Epson on July 4 and since then a number of on-course horseracing bookmakers were allowed to return as well in mid-August.
Horse racing is now part of the UK Government’s plan to return crowds to sports, testing safety and operating protocols set by the Sports Ground Safety Authority. Each track has to submit a detailed risk assessment and operating plan that includes factors such as ‘venue size and ownership, fixture profile, logistics of essential raceday services such as catering and horserace betting and more.’
The British Horseracing Authority’s Vigilance
In cooperation with the government, the BHA acknowledges the ‘additional challenges presented by current restrictions’ but emphasised the need for vigilance in the fight against Coronavirus. ‘It’s vital that racing continues to follow the protocols so that we can resume progress towards re-introducing spectators,’ said a BHA spokesperson.
We had written before about the possible impact on horse race bets without crowds. Now with the great expected news of spectators coming back to the stands again, it will be interesting to see how it affects your bets, so go to the playright.co.uk recommended sites and check out the exciting horseracing odds and possibilities.
Final Thoughts on Horseracing and Betting Challenges during COVID-19
Horse racing has been a staple of British culture for hundreds of years, and is certainly here to stay for centuries to come. And with it, horse race betting which covers every part of society in the UK. Although the pandemic has impacted horse racing like it did every other part of our lives, the races are gradually coming back and so is the excitement of placing bets on your favourite horse and jockey. The key to successful horserace betting in to educate yourself on the latest information and news, and make use of the possible changes and impacts to your favour while placing your bets.
All the sites recommended by our racing expects at playright.co.uk provide extensive news and information, so register now and start betting on horse races today. And remember, there are some amazing bonuses waiting for those registering through our site!
And finally, always keep in mind that horserace betting, or any other type of gambling for that matter is all about fun and never a way to earn money. So set your limits and stick to them, and as soon as things get out of control take a break. Also find more help and resources in our responsible gambling pages.
Horse Racing Amidst COVID-19
Whether you are into the regal classics like Cheltenham and the Royal Ascot, or you like the cultural iconic Grand National – horseracing, and horserace betting is now coming back after the coronavirus lockdown. If you are into the American flair of the Kentucky Derby and Balmont Stakes, or you like the far-beyond horseracing of Hong Kong and Melbourne Cup, all of these wonderful horse racing spectacles are slowly coming back, with UK horse races leading the pack and going back to the track sooner than the rest.
And what makes things even more exciting is that you can take part of the action and get involved in the race by placing your bets on the horses you think will win. Yes there are still social-distancing rules and restrictions in place, but you can select one of UK’s top bookie sites and place your bets online safely and securely. And with great live streaming that many of the UK sports betting sites offer, you can virtually go to a fantastic day at the race tracks from the comfort and safety of your own home.
Our horseracing team at Playright combines the passions of horseracing and sports betting. So we brought together for you all the best sports betting sites in the UK, with the most up to date reviews on each bookie website including odds, bonuses, features, types of bets you can place and of course the trustworthiness customer-service ratings. We also constantly monitor these sports betting sites and bring you their latest Sign up offers and free bets.
So with horserace betting coming back amidst the coronavirus, we reviewed and gathered for you all the best UK bookie sites and their online offers, so you can go ahead and find the horserace betting site that is best for you. In addition, our Playright horserace betting experts put together a few points to be aware of during this exciting, post COVID-19 horserace betting era.
- Trainers and Jockeys are tested for symptoms before being allowed to race. There was already a case in Doncaster of a horse being refused entry to the race course because one of its trainers showed a higher temperature during checks. So before placing bets, do your research on which horses are running, and see how it effects the overall standing of your horses in the race.
- Horse Racing is done without crowds. The British Horseracing Authority is continuing races at this time, but without spectators. Most horses are used to the noise and energy of the masses, so a quieter track may have some effect on the horse’s mood and performance. Look closely at the first races to see how the different, quieter setting affects your horses as well as the rest of the horses on the race. Take that into account when planning your bets ahead of a race.
- Online Bookies now compete for customers. As sports betting is now making a gradual return after the pandemic, sports competitions and events such as horse races are now seen by many sportsbook operators as a golden opportunity to establish themselves again and set up a higher target for acquitting new punters. Therefore, there is a lot of competition amongst sports betting websites for new punters to come and open an account with them. This brings to the betting marketplace many attractive offers such as welcome bonuses, free bets and boosted odds. Many of these sportsbook websites now offer risk-free bets that allow you to enjoy placing bets trying their services, and they will cover losses on your first bets up to a certain amount. So as there are great deals now with sports betting coming back, make sure you shop around before signing up and placing your wagers.
- The top betting sites offer live streaming. With no option of going to the racecourse and watching the race in person due to social distancing rules, watching horseracing broadcasts is the only option to get the live excitement of the race and of betting on it. Several of the best online betting sites offer live streaming of horseracing events. So you can enjoy the best quality of live horseracing broadcasts, without paying expensive TV channel subscriptions.
- Gamble only when its fun. Always keep in mind that betting is for fun, and by no means is it a way to earn money and make a living. So keep your gambling under control, set limits and cool-down periods. If you need help, contact available support resources. The Playright team sees your safety as its top priority, so please check the help resources available on our website.
Best Sites for Odds
So where should you be placing your bets to get the best prices on the nags? As one of the UK’s top betting sports, horse racing is high on the list of priorities for most internet bookies – so there’s plenty of price competition. But how can you be certain you’re getting a fair price, for the best returns on every bet?
Let’s look at some live odds available on selected race events from across our top recommended betting sites, and find out where the best odds are hiding.
Single – National Hunt Flat: 1m 7f 169y Class 4, Ludlow
Sea Story is looking like a decent favorite here for this event, where the going is Good to Soft, and has seen shortening odds in the run-up to the race. Some support for second favorite Spirit of Mendip, with both horses relative newcomers to the racing world.
For the purposes of this bet comparison, we’re looking at Sea Story and Spirit of Mendip on the nose respectively, to see how the odds stack up against our recommended bookies.
|Bookmaker||Sea Story To Win||Spirit Of Mendip To Win|
The odds are pretty tight here, and there’s not much between the leading names. In terms of squeezing for that extra value, your best bet here would be the 11/4s on Sea Story, of punting for any of the 9/2s on Spirit of Mendip. So the likes of 888 sport, Sky, Betway Sport, Grosvenor, and Mr. Green are all offering very competitive odds here for the favorite, while 888 sport, Betfair sport, Grosvenor sport, Paddy Power and Mr Green hold the best odds for Spirit of Mendip as second favorite.
Part of this could be down to the savvy punters, with horses arguably more competitive than other sports thanks to track side betting and fans who seriously study form and do their homework. On that basis, the winners in this example are 888sport, Grosvenor, and Mr Green, though there’s obviously not a great deal in it for the single. You should note, that requesting odds is possible with some bookies, so it might be worth it to check out this option as well.
Best Sites for Markets
So it’s clear that depending on the type of bet you’re looking for, there’s a major divergence between the bookies we recommend. But it’s not all about odds – what if you’re looking for a bookmaker with the widest selection of markets, for obscure specials, for example? Which is a good pick for placing your wagers here?
Paddy Power Sport again is another strong contender, and it’s clear they go big, in terms of the selection of markets on offer. Race events across the UK and Ireland are there, along with races in Europe, the USA and Australia, for one of the most comprehensive selections of horse racing markets. Forecast and Reverse Forecast bets are available, alongside Tricast, where you can bet on the first three finishers ordered by starting price. These aren’t always available, so that’s a nice bonus in Paddy Power’s favor.
Betfair performs well here too, with a wide selection of race events from around the world. The ‘Activate Multiples’ function means you can pick your selections then build specific multiple lines and bet types, across different race betting markets.
SkyBet is another bookmaker specialising in horse racing in particular, which makes sense, given their origins in betting shops in the UK and Ireland. SkyBet also offers international racing markets, including in the USA.
At the opposite end of the extreme are the likes of SkyBet, 21Bet and 888/Grosvenor – while most of the main race markets are there, you won’t find anywhere near the same level of specialism and dedication to horse racing as you’d find with Paddy Power.
For the selection of markets, and the sheer depth of different types of bets available, Paddy Power comes out the winner by a length. Betfair and SkyBet also compete strongly here, and can legitimately claim a specialism in horse racing betting markets.
An ante-poste market is the placing of a bet far in advance of the horse race date. The advantage of an ante-poste bet is higher odds/better prices, the disadvantage being that non-runner rules will not apply and so you won’t get your stake bet if your horse doesn’t start. At the time of writing Betfair was coming out in front with over 60+ different ante-poste markets with Paddy Power close behind.
Best Site For In-Play Betting
In-play betting is arguably a little less effective in horse racing compared to say, football or tennis. Horse races are usually fast moving by their nature, blink-and-you-miss-it type events. While it’s not quite like a Usain Bolt 100m, some of these races are over short distances, which leaves limited time to react.
That said, there are still some strategies that can be deployed for leveraging opportunities in-play, though you would be advised to live stream the race while you’re betting on any in-play event. Paddy Power and Betfair are ahead of the pack here with their range of in-play options, which are handily accessible so you make quick decisions after the race has got underway.
Betfair and Paddy Power are jointly out in front here, with the best in-play features for race betting. The cash-out function at Betfair is one of the easiest to use of its kind, ideal for making quick decisions during the heat of the action. Similarly, Paddy Power have strong in-play betting for racing punters.
Best for Live Streaming
Live streaming is a major boon for horse racing fans, who might previously have had to check the results after the event, or make a trip to their local betting shop to watch the action unfold. It’s common to have to actually bet on an event before you can live stream – for example, SkyBet sets a limit on your bet slip, and only those betting above this amount on their chosen outcomes are eligible to watch the event live, where available.
Again, Betfair and Paddy Power have the largest availability of live streaming events, closely followed by SkyBet. At the time of writing, Paddy Power had an impressive 15 live streaming races – nearly double the 8 to be found on 888sport. Betfair allows you to stream their selection of live races from a minimum £0.50 bet.
The quality of the streams available is strong at the top end, although as always, it would be nice if more races were available on live stream – even though the likes of Betfair pledge to stream all UK and Irish races through their platform.
Still, there are plenty of race meets available at the big-name bookmakers for those intent on live streaming their bets.
Paddy Power is the winner in terms of live streaming, with Betfair a close second, for both the range and quality of their live streams.
Best Sites for Promotions
Paddy Power has a commitment to offering the best odds on any UK and Irish racing event, and this is supported by a range of promos and other specials. Price boosts, enhanced odds and other promotions run throughout the year, and particularly around major events like Cheltenham, Royal Ascot and the Grand National. They also offer a Money Back Special on selected race events each day for horses that finish second to the SP favorite.
Betfair has a similar price commitment to Paddy Power in terms of odds, and they also put their money where their mouth is in terms of bonuses and other promos for racing fans.
When it comes to promotions for big race events, it’s always worth shopping around. These vary between different providers and often change from year to year, so it’s usually a good idea to do some homework on the available promotions and bonus terms ahead of the bigger racing events. Another thing to consider is that new sports betting sites are more likely to offer generous offers to new punters (read our Mansion Bet review our BlackType review or the Karamba sports review for more details).
Again, Paddy Power comes out ahead of the field here. Their promotional offers for horse racing are more than decent, frequent throughout the year, and all the more interesting around big race meets.
Types of Horse Race Bets
When it comes to racing, the sheer choice on the betting front is enormous, and, frankly, a little difficult to comprehend for a beginner. So, it certainly pays to understand what’s out there. Let’s dive right into some of the horse racing bet types that might take your fancy.
|Single||A single bet on a single horse to win|
|Double||A bet on two horses to win in separate races. Both horses have to win|
|Treble||A bet on three horses to win their races. All three have to win.|
|Trixie||A bet on three horses, a Trixie takes the form of three doubles and one treble for a total of four bets.|
|Patent||A Patent adds to the fun of the Trixie with an additional three singles, bringing the bet total to seven.|
|Yankee||With a Yankee, there are 11 bets in total, broken down into a fourfold accumulator, four trebles, and six doubles. For a return, you’ll need at least two selections to come home.|
|Heinz||It gets its name from that 57 bet total. The ingredients? 15 doubles, 20 trebles, 15 fourfolds, six fivefolds and one accumulator.|
Horse Race Betting Tipsters
It’s probably fair to say that horse racing punters take their betting very seriously indeed. There are those who study the Racing Post on a daily basis, or who dig deep into the history of the jockeys, trainers and owners to shape their decisions. There are also numerous tipsters offering their insight into the different runners and riders, including some supported by the bookies themselves – for example, at Paddy Power, there’s a blurb from the Racing Post ahead of each event, and a similar setup exists across a number of the bookies we recommend.
You’ll also find tipsters all over social media, particularly Twitter, and there are plenty of services available online for those looking to get the inside scoop. In terms of the paid tipster services, there are a few in particular that catch the eye.
- Master Racing Tipster: This Malta-based service has been around since 2014, and boasts some impressive stats from that time. Claiming to net an average of over £149 per month return on £10 bets, with a strike rate hovering around the 30% mark, the service is certainly well used. There is a cost involved in receiving the tips, but if you’re interested in getting serious about your horse racing betting, it could be a good addition to your betting toolkit.
- Bet Alchemist: This is another tipster service with results that speak for themselves. Since going live in 2011, BetAlchemist has landed 750 points of profit, equivalent to a 15% ROI. This is unbelievably consistent, when you consider the years that have passed since launch, and the sheer number of bets these figures cover. Run by racing expert Nicky Doyle, BetAlchemist has become widely respected as one of the leading tipping services for consistent, steady returns.
- Great Bets: Where the other two focus more intensely on horse racing, Great Bets provides betting tips across a wide range of different sports, covering football, tennis and more besides racing. There are up to 4 tips available per day, and Great Bets is completely transparent about their results, so you can see historical performance at a glance.While their service is pretty good, with 3,400 points of profit in the first year alone, it’s pricey with it. Monthly subscriptions at last check were running at £99 for 30 days, so it’s really only for those who are serious about making money on the horses. Nevertheless, you’re benefiting from expert insight and analysis in each and every tip, and if you’re more seriously into betting on the horses, this is effectively an investment in (hopefully) better results.
These tipsters can provide a good way to identify opportunities, and to catch wind of likely strong performers before everyone else does. Of course, you need to be quick off the mark when you get your tips through, because the longer you wait, the worse your odds will get as more punters flock to back the tip. However, with the benefit of expert insight, or even just a second pair of eyes, you can more readily identify the best betting options.
It’s possible to track the success of tips over time, and to compare different services if you’re serious about finding the tipster with the best success rate. Whether to use a tipster service, either paid or free, is an individual decision, but it can certainly provide a helping hand towards finding winning opportunities more frequently when you’re betting on horse racing.
How To Bet
So you’ve done the legwork, found the perfect horse racing bookmaker, but now what? Well, it’s time to lay down a bet, and it really couldn’t be easier.
- Load up your chosen bookmaker
- Select “Horse Racing” from the list of available sports. It should be located on either the left, or at the top of the screen.
- Select your horse (or horses) and select the bets you wish to place, and the amount you want to wager.
- With your money on the table, just sit back, open the live stream of the race, and watch your chosen horse (hopefully) romp home for the win.
When you’re placing your bets, you’ll come across jargon specific to horse racing and betting. While you’ll mostly find it straightforward to pick your winners and place your bets across our recommended bookies, it’s nevertheless important you understand what the most common terms mean and how they might affect your bets.
Starting Price:Often noted as ‘SP’, this is the odds on any runner at the start of a race. When you’re placing your bets, you can take the odds now, or the starting price, depending on how you think the odds will move as the race approaches.
Runners and Riders: All participants in a horse race.
Non-Runners: Runners that are listed, but don’t in fact start a race. All bets are void and stakes are paid in return for non-runners.
Favorites: The runner with the shortest odds heading into a race; the bookies’ favorite.
Race Card: A schedule of forthcoming racing events, with a list of runners and riders scheduled to take part in each event.
Totepool: Totepool is an alternative form of betting on horses, where players share in a prize fund, rather than competing against set odds. The return depends on how many punters and how much money backed the winning horse.
Disqualification: Horses that are disqualified during or subsequent to a race event, for reasons including fraud, error, registration issues, etc.
Ante Post Betting: Bets placed over at least a day before the event takes place, often in exchange for better odds. However, non-runner ante post bets are not void, they lose.
See our academy guide to horse race bet types for more detailed info on this
Horse Race Betting Systems
It is a term that is largely derided within the world of sports betting, but when it comes to horse racing it does hold some degree of weight. Betting systems are touted far and wide these days, with some actually having the stats to show that they’re effective.
Now, no betting system is perfect, and some may prove to be more hype than substance, but there are three that are worth taking an in-depth look at specifically. While we aren’t going to head into too much detail here, The Statistical Lay, Back the Beaten Favourite, and The Dutching System all have armies of followers.
The Statistical Lay: Laying strategies look to find losers, rather than winners. Only one out of every three race favorites actually win, and with this type of strategy, picking the two in three that won’t win is where you’ll make your money. Lay bets are matched on a betting exchange by a punter backing the same horse, so it’s up to you to identify horses that are overpriced, or horses in races where at least 2 other runners have a credible chance of coming out on top.
Back The Beaten Favorite: Favorites lose all the time, and this has a bearing on their odds next time out. This type of strategy looks to former favorites who didn’t win last time out. The system identifies horses that ran recently, and are running again in conditions they are familiar with. This is a good way of backing a solid horse that might be underpriced due to a previously bad performance.
The Dutching System: This is a betting system that seeks to cover multiple different outcomes, so you’re in the money, regardless of how the race pans out. It’s like hedging your bets against several different outcomes, spreading the risk across each of your bets to ideally give a guaranteed profit from your bet selection.
So do horse race betting systems work? Just ask those that swear by each of the above, and the countless many other race betting systems out there. At the end of the day, this is a results business, and if a system isn’t driving results, punters won’t stick with it for long. While some will sneer at systems and programmatic strategies, the proof of the pudding is always in the eating.
Horse Racing Terminology
We’ve already seen some of the betting terms and jargon that you will come across when betting on the horses. For the uninitiated, there’s unfortunately a lot more jargon to get your head around, namely the terms derived from the actual sporting elements of the racing action.
Check out our brief glossary of the main terms below so you can get to grips with what it all means.
Across the board: A type of 3-way bet on the same selection, where you bet for a win, a place and a show. If the horse wins, all 3 bets are paid.
Baby Race: A race open to younger horses, from two years old.
Break Maiden: The first win for any horse or rider.
Classes and Grades: Classifications of races and horses designed to ensure fair competition from similarly matched runners.
Flat: A race with no jumps, run across level ground from 2 furlongs.
Form: Previous race results by horse and/or jockey, used by punters to asses the respective chances of different runners.
Furlong: A distance equal to an eighth of a mile.
Going: A descriptor of the condition of the racing surface, which is relevant to assessing how different runners might perform.
Handicap: Additional weight prescribed for certain runners to level the field, and to give runners a more equal basis on which to race.
Inquiry: An investigation into an event in a race to determine whether a foul has been committed.
Juvenile: Any two year old horse.
Maiden: A horse that is yet to win a race, or a race dedicated to horses of this type.
Marathon: Any race longer than 1.25 miles.
Overlay: A horse priced more generously than its assumed chances of winning; overlays are good bets, vs. underlays which are bad bets.
Parimutuels: A specific type of betting where winners pick up a share of the total bets of losing bettors, less a share for the operator.
Steeplechase: A type of race over a course containing jumps, ditches and other obstacles; contrasted with a flat race.
Stewards: The adjudicating panel responsible for upholding the rules and determining whether an infraction has been committed in any given race.
Whether you favour Flat Racing, or National Hunt Racing over obstacles, the calendar is packed with exciting events, both in the UK and around the world. These events represent the crème de la crème of horse racing. That being said, there is plenty else out there in the form of smaller meets, which should help keep things interesting between the year’s biggest events.
Horse Racing in the UK
Horse racing has long been one of the most popular sports in the UK, drawing audiences in the millions for some race events. Regular TV coverage ensures those with a passion for racing can tune into the action on a frequent basis, while flagship events like the Grand National pull massive audiences each year – not to mention the over £250 million bet on that single event each year.
Popularly known as the Sport of Kings, horse racing has a long tradition in the UK, and it’s a story that is intrinsically linked with Royalty. But when did horse racing take off as a sport in the UK, and how has modern technology and in particular, online betting, come to influence the sport?
The Origins of Horse Racing
Horse racing in the UK traces its origins back to the 12th century, when returning crusaders would bring with them Arab horse breeds from overseas. These horses were bred with British horses to create Thoroughbreds, which are the horses that still race in events today.
Throughout its history, horse racing has been strongly linked to royalty, starting with King Charles II in the late 17th century. This saw the introduction of the first organized race events, with prizes being awarded to winners for the first time. By the early 18th century, Queen Anne began opening more racecourses, including Ascot in 1711, which would go on to be regarded as one of the most prestigious horse races in the world.
The 1800s saw horse racing develop into the sport we recognize today, with more race events added to an expanding calendar. The Five Classics were established in 1815, including the Epsom Derby, which remains one of the most high-profile racing events today.
By the time horse racing reached the 20th century, it had already proven to be a well-established spectator sport. Gambling activity increased with the introduction of TV coverage, and the hugely important step of legalizing betting shops external to the racecourses themselves. It was at this stage that the link between horse racing and gambling truly took hold, and this remains undoubtedly a hugely important part of funding the sport today.
Evolution and Online Betting
Since the early days, horse racing has grown from royal entertainment into big business. For most bookies, it remains their bread and butter, alongside football and tennis as the most popularly wagered sports.
To some extent, the development of online betting has driven unprecedented growth in horse race betting – even if the status of racing has been diminished somewhat, thanks to the explosion of football betting and tennis betting.
Today, horse racing betting is a £4.6 billion per year industry. Since 2009, the total wagered on horses has been falling, as online and mobile bookies have led the charge with other sports. This coincides with the rise of mobile betting, and underlying trends in sports betting that have seen football and tennis gain more ground.
With the more recent addition of betting apps, it has become easier than ever before for punters to back a horse. Just a few taps on a smartphone can replace trudging down to the high street betting shop, or even placing a wager with a bookmaker trackside. As a result, horse racing continues to attract big money, thanks to growing sponsorship values, steady betting revenues, and a worldwide audience of horse racing fans. While online betting may have shaken the sports betting industry, it’s clear horse racing remains, as it has for decades, at the forefront of it.
Today, horse racing stands as the second most attended sport in the UK, behind football – boasting crowds in excess of 6 million in 2017 alone. That’s before you factor in TV audiences, and of course, the additional draw of events like the Grand National and the Cheltenham Festival. The Grand National in its own right has become a cultural phenomenon, with casual punters putting their money on the line in record numbers each year. Many high limits bookmakers offer huge payouts on big racing events. On the other hand, no minimum deposit betting is also possible as bookmakers aiming to attract as many types of punters as they can.
With over £250 million bet in 2017, and seemingly rising every year, races like the Grand National are still in the ascendancy. With betting on horses now driving more revenues for bookies than ever before, it’s likely to remain one of the most gambled sports in the country for many years to come.
Play the Ponies for Profit! Horse race gambling is the cornerstone of the sports betting world, and has been for the best part of a century. If you like to have a flutter, don’t put up with a mediocre bookie. Get great odds, more events to bet on from around the world, and the best enhanced odds and specials with PlayRight’s recommended horse racing betting websites.
Check out our list of recommended horse racing betting sites, and claim your free bet to get started. Then, deposit into your account, choose the horse you want to back and your bet type, and confirm. If you’re a winner, you’ll be paid directly into your online account, which you can withdraw and spend from there.
Just make sure you’re betting with a Gambling Commission-licensed operator, so you know your bookmaker is fully licensed too.
Best Odds Guaranteed means that where the Starting Price (SP) is greater, you’ll get the benefit of the best odds. This can be worth a few points on your bet odds, so it always means you’re getting the best deal on your bet.
There are a number of strategies around in-running betting, including laying during the race, which can allow you to hedge your bets and limit risk. In-running can also give you a feel for how a particular horse is riding that day, helpful when betting on consistent performers
Each-way place bets are paid at a fraction of the regular odds, e.g. ½, ⅓ or more. Because you’re placing two bets (win and place), each-way bets cost double the stake, but naturally come with a greater chance of a payout.