Learn Everything About Horse Race Betting at TonyBet

One of the most popular sports in the UK, horse racing has a tradition that stretches centuries back. It’s not just popular for viewers – punters love it as well. The UK’s rich horse racing history includes some of the biggest races in the world, including the Cheltenham Festival, the Queen Mother Chase, World Hurdle, Grand National, and many others. All of these horse racing events and many more are available for you to bet on at online bookies such as TonyBet.

TonyBet is an industry-leading name that offers a wide array of racing bets. From the UK's biggest races to minor events, you have plenty of horse race betting options at TonyBet. Not only that, but you can also get a new customer offer that might come in handy.

From outright favourites to handicaps and exotic bets, TonyBet has it all. If you’re looking for bets of value, it’s surely worth checking out. Horse racing markets are not simply listed among the list of other sports, TonyBet has dedicated a special section of the website to it, which indicates how passionate it is about horse racing.

You can view the latest results and see all the scheduled races for today and tomorrow along with an overview of the horses’ forms. Special attention and care went to ensure that all the events in the sport are supplied with satisfying odds and a full racing calendar.

Horse racing fans have a lot to look forward to, considering the flurry of events available. If you’re in love with the sport, that could be something you would fancy.

Types of Horse Racing Bets

What makes horse race betting so attractive to punters? It’s not just the sheer number of events – it’s the number of betting markets as well. From singles to doubles, trebles, and beyond, horse race betting is surely one of the most diverse gambling activities.

Let’s see a list of the most common bets you can place on horse races.

Straight Bets (Win, Place, Show)

These bets are the most common in horse racing. A win bet sees you betting on a horse to pass the finish line first. This one’s also known as a single. A Place bet is betting on a horse to finish either first or second. If you place a Show bet on a horse, it must finish first, second, or third for your bet to win.

Exotic Bets

Exotic bets are far more interesting than straight bets, but far riskier too. They can be divided into two categories: horizontal and vertical exotic bets.

  • Horizontal Exotic Bets (Daily Double, Pick 3, 4, 5, or 6). A Daily Double bet wins if the horse you picked wins two races in a row. The Pick bets are race parlays – for example, if you go for a Pick 3 bet, your horse must win on 3 races in a row (and so forth).
  • Vertical Exotic Bets (Exacta, Trifecta, Superfecta). Widely considered the Holy Grail in horse race betting, vertical exotic bets are truly most exotic of them all. A straight Exacta bet sees you choosing which horses finish first and second in the exact order. A Trifecta may be the most popular horse racing bet ever. By placing a Trifecta bet, you’re essentially betting which horses finish first, second, or third in the exact order. A Superfecta bet requires you to correctly recognize the first four finishers in a single race.

Beside these bets, you can also place a quinella. An exotic bet that fits in both vertical and horizontal bets, you get to choose which horses finish first and second, but in any order. If you think that it’s close to an Exacta bet, you’re right. However, there’s a major difference between these two bets in comparison regarding the pools and wager size.

UK Horse Racing Betting Odds

For those new to horse race betting online, you’ll need to first understand how they work. Visiting a majority of sports betting sites and seeing all those events and horse race betting odds can be confusing. That’s why we’re here to help.

Understanding betting odds in horse racing is actually simple. The odds represent the return you can expect on your wagers if, of course, they come out successful.

Today’s horse racing betting odds represent the odds on today’s horse racing events. If you want to try in-play betting, the odds are presented in the same way, yet they constantly change as the event progresses. What you need to keep in mind that the bigger the number, the lower the chances of success.

Horse Racing Betting Systems

Horse race betting is pretty exciting, but if you rush into it headfirst your chances to win are next to nothing. Major events such as the Grand National aren’t always won by favourites. On the contrary, history has seen many long shots win the race with odds as high up as 20/1. This means that simply betting on your favourites won’t do. If you want to win, a sound strategy might be key.

The good news is that there are a number of horse race betting systems that. These systems are more like recommendations and guides rather than a betting system like the Martingale on roulette. They don’t guarantee any wins but offer tips and tricks that might be helpful in understanding how to bet on horse racing a bit better.

Some of the most widespread systems include Back the Beaten Favourite system or the so-called Dutching System. The first one involves backing a beaten horse for the next races. Favourites don’t always win in horse races, but even if the public opinion goes against them for the next race, the high odds might be beneficial.

When it comes to the Dutching system, it involves betting on a selection of horses that could help you to win the same in several races in a row regardless of the winner.

Horse Race Betting FAQ

Yes, you can. Horse race betting is very popular online thanks to promos and odds most online bookies offer.

First thing you’d need to do is register at a bookie such as TonyBet and place your bets with a click (or a flick of a finger on mobile). Knowing how to read the odds and horse stats are essential before placing any bets, so make sure to read up on it first.

To read horse race betting odds, you’ll need to familiarize yourself with the fractional odds format. It’s quite easy to learn once you get the hang of it: the smaller the fraction is, the shorter the odds (or the bigger the chances) are. For instance, 1/2 odds are shorter (therefore potentially more attractive) than 3/4 or 19/20.

Yes, you can, but it’s not that good of an idea since the odds will most likely be low.

Betting odds work in horse racing in the same way they work in football. There’s really no difference except for the fact that you’re betting on horses, not football teams.

Signing up at TonyBet won’t take more than a couple of minutes of your time. Register with your email, set up a username and password, confirm your profile and you can then start betting on the Cheltenham Festival or the Grand National.

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