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Our Quick Guide to Betting
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The full list of available articles on How to Bet that you may find of interest
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Normally when you place a bet you bet to win. It has to win, second place will not be good enough. However, there is another bet called a place bet which pays out if your horse comes in the first few places.
The number of places it pays out and the amount it pays out varies according to the number of runners and also if the race is handicapped or not.
Handicap races of 16 or more runners - 1/4 odds first 4 places.
Handicap races of 12 to 15 runners - 1/4 odds first 3 places.
All other races of 8 or more runners - 1/5 odds first 3 places.
All races of 5, 6 and 7 runners - 1/4 odds first 2 places.
Races with less than 5 runners - Place money goes on to win.
There is also another popular bet called an each way bet. This is in effect two separate bets, a win bet and a place bet.
We don't reccomend each way betting for horses which have low odds (below 4/1) but it can bring benefits if the odds of a horse are high.
Don't forget that a £10 each way bet would cost £20, £10 to win and £10 for a place.
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