It is not that difficult to get your heard around the many different types of bets and wagers that can be placed on a horse race, the simplest of them however is a single or win bet on which you imply pick out the horse you think will win a race and you will be offered odds by your bookmaker when placing such a bet.
There is however the option of taking the SP or starting price as it is known and when you do that you will not know what odds you are going to be paid out until the end of the race, when the average odds being offered by the on-course bookmakers at the time the horse race started is worked out and is announced.
The other bet most punters will place on a horse race is an each-way bet. That is a two part bet with equal stakes, the first part of that bet covers your horse to win, and the other half is a place bet.
When placing an each-way bet you need to first find out which bookie is going to pay out to the most places and also the one offering the highest percentage of the win odds on the place part of such a bet, as different bookies can and often do payout to more places and offer a much higher percentage of the win odds.
Best Bookie to Place Horse Race Bets With
By taking good look around this website you are going to come across plenty of our approved betting sites and they are all going to be famed for a range of different features.
When it comes to you picking out a betting site at which to place horse racing bets at though, you are going to find the Coral betting site offers punters a full and very comprehensive range of betting markets on all upcoming horse races.
Their ante post betting markets are going to be where you can always find the very best odds and each morning they make available their early prices too on all UK and Irish horse races, and they additionally offer plenty of best odds guarantees too.
What you should do to also be able to take advantage of our exclusive sign up bonus offer is to click on our links to visit their website, as that way if you like what you see and sign up to that betting site you will instantly qualify for that bonus offer.
Picking out a large number of horses and putting them all together in an Accumulator bet is how it is possible to win some large amounts of cash from a very small stake.
Punters can pick out as many horses as they like and wager any amount on such a bet and as long as each horse wins the stakes and winnings form each one then gets rolled over to the next one on the bet.
Doubles and Trebles
A Double bet is simply one on which you pick out two horses, and both of them must finish first, the winnings and stake form the first rolls over onto your second horse. A Treble bet is much like a double however instead of two horses you pick out three of them, all of which must win to receive a winning payout.
The Trixie bet is sadly not as popular as it once was, however it is a bet on which punters have to pick out three horses and they are premed together in 4 bets, those being 3 doubles along with one treble.
The next bet up so to speak from a Trixie bet is a Patent bet and that one is made up of 7 individual bets but with 3 horses selected. The bets are 3 doubles, one treble and three singles on each of the three horses selected.
Moving onto the next bet you may be tempted to place, that is a Yankee bet and there are 11 bets in total on such a bet make up of four horses. Those best are 4 singles, 6 doubles, 4 trebles and an accumulator.
As the name of a Lucky 15 bet does suggest punters are going to be placing a total of 15 bets in a single bet. Those bets are made up from four horses selected and include 4 singles, 6 doubles, 4 trebles and an accumulator too.
You will have to pick out 5 horses to place on a Canadian bet or Super Yankee as such bets are also known, and there will be 26 stakes required on that bet to cover 10 doubles, 10 trebles, 5 four-folds plus an accumulator.
A Lucky 31 bet is much like the Canadian bet above, however you will also be placing 5 single bets and as such there will be 31 bets on total on that bet, many betting site offer a bonus payout if all of your selections win and/or will boost the odds if only one horse you select goes on to win its race.
For those of you who fancy placing a fairly substantial bet then do consider playing a Heinz bet as by doing so you will be picking out 6 horses and they will be cover din 57 individual bet which are 15 doubles, 20 trebles, 15 four-folds, 6 five-folds and an accumulator.
A bonus payout is awarded if you pick all winners on a Lucky 63 bet and the odds if you pick just one winner are boosted too. Just be aware that on this type of bet you need to select 6 horses and they are then covered on 6 singles, 15 doubles, 20 trebles, 15 four-folds, 6 five-folds and an accumulator.
Straight Forecast and Tricast Bets
It is also possible to pick a horse you think will finish first and second in any race and that bet is known as a Straight Forecast bet, picking out the horses you think will finish first, second and third will see you having to place a Tricast bet.
Once the horse race has been run the official dividend will be declared for both bets and winning punters are paid out as per the declared dividend based on the stakes they wagered, the dividend however is always announced to a £1 stake, so a punter placing a 10p Tricast will for example win 10% of the Tricast dividend and a punter placing a winning £2 Forecast will win double the amount of the Straight Forecast dividend.