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Wednesday 06 August 2025
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As someone passionate about horses, you might fancy having a flutter on one of the many horse racing events taking place the UK calendar. The first step to betting on horse races is to find the best runners and races to bet on. Websites like oddschecker are an excellent resource for horse racing tips. Then, itâs a case of working out what type of bet or bets youâd like to make and finding a suitable bookie in which to do so. Understanding odds and the numerous types of bets that are available is where beginners can often become stuck. Keep reading for our succinct guide that will have you betting like a pro in no time.
The odds of a horse winning its race are expressed as fractions here in the UK, whereas throughout Europe and at many betting exchanges youâll see them expressed in decimal form. Fractional odds show how much profit you can expect to make on a bet. For example, if a horseâs odds are set at 2/1, youâll make ÂŁ2 profit for every ÂŁ1 you bet.
Of course, not all horses are given odds of a number to one; itâs not unusual to see horses priced at 5/2, which means youâll make a profit of ÂŁ5 for every ÂŁ2 you bet.
When a horse is a strong favourite to win, youâll find that itâs priced as the âodds-onâ favourite. This means that youâll have to make a higher bet in order to make a profit; for instance, 1/10 = bet ÂŁ10 to receive ÂŁ1 in profit.
We could publish an entire article dedicated to the different types of horse racing bets that youâll come across but, to begin with, weâve narrowed things down to the simplest and most beginner-friendly bets youâll find at a bookmakers.
Single bets are the most common and straightforward to understand. This is a straight win bet, which is placed on a single race.
Double bets are two single bets placed on different races. Like a straight bet, both selections need to win in order to guarantee your return.
Treble bets are three single to-win bets placed in different races.
Accumulator bets are placed on four or more selections to win in one bet.
Straight Forecast is a bet that correctly predicts the winner and second place horse in a single race.
Each-Way bets are likely to be the most complex bets that youâll make as a beginner. This bet is a two-parter bet made on a single horse to both win and place in a race. Itâs effectively betting twice on the same horse, so it will cost double that of a single bet.