We examine the best horse racing betting sites and what you need to know
Horse racing and betting go hand in hand. Very few people that follow the sport or attend racecourses don’t place bets on the action, whether they are a fan of National Hunt racing or the flat equivalent.
Finding the best betting site for horse racing is very important. There is lots of choice when it comes to choosing a bookmaker and you should bear in mind the following things when selecting a betting site that will serve your needs for racing.
Does your horse racing betting site offer Best Odds Guaranteed?
A few years ago, bookmakers that offered horse racing odds realised that they needed to do something special. Something that would attract the eye of customers and thus Best Odds Guaranteed was born.
Best Odds Guaranteed means that betting customers get the best of both worlds when it comes to betting on horse racing. Any bookmaker that offer BOG will allow customers to take a price and guarantee to pay out at SP should the SP be bigger than the odds they took.
Therefore, it is important to choose a betting site for horse racing that offers Best Odds Guaranteed. Over time, you will make a lot more money from your racing bets than simply having to guess whether the price will drift or contract.
Can you watch live horse racing with your betting site?
You’ve placed a bet on the racing so it naturally follows that you should be able to watch the action and see if your wager is a winner. The great news is that a group of bookmakers have deals in place with At The Races and Racing UK.
These deals means that the likes of Paddy Power, bet365 and Sky Bet can live stream every race from the UK and Ireland all the way through the year. The only requirement is that you place a £1 bet or bigger on the race in question. Then you can access live racing pictures on your PC, laptop, tablet or mobile.
The picture quality is generally very good and it’s important to note the bookies that will show live racing when it’s not a live televised encounter which is often the case with the bread and butter horse racing.
Can I get free bets on horse racing?
Horse racing free bets are a brilliant incentive to keep returning to a particular bookmaker. There is the excellent welcome bonus that can be enjoyed when you sign up with a bookmaker and that can be available through a deposit bonus, a free matched bet or money back if your horse doesn’t win its race.
Once you have enjoyed the opening bonus, several bookmakers will then offer you extra promotions where free bets can be enjoyed when you have placed a certain number of bets. Or you might get something like bet365’s Channel 4/1 offer where you are given a free bet when backing the winner of a 4/1 shot for a TV race.
Free bets should be used carefully as it’s a free shot at the bookmaker and these bookies don’t give away too many freebies along the way. Look out for free bet offers around the time of the big racing meetings such as the Cheltenham Festival, Aintree, Royal Ascot and Glorious Goodwood.
What about price boosts on the horse racing?
Ah yes, the price boosts which have become all the rage. If you’re choosing a betting site for horse racing, then it’s important to select a bookmaker which specialises in enhanced odds on the racing on a daily basis.
The first type of price boosts are the ones that are available to new customers, with a bookmaker such as Paddy Power potentially offering Faugheen at 10/1 instead of the trading price of 2/1.
The bookmaker might cap the maximum stake at £10 and it’s a great way of enjoying a massive price to get you started with a racing betting site.
Then you get the other type of price boost or enhanced odds which is arguably more valuable over time. If you bet regularly on horse racing, then it’s great when you get daily price boosts for particular races. For example, a bookmaker might boost Cue Card to win the Gold Cup from 2/1 to 3/1 for a limited time only.
Enhanced odds taken regularly give you a better chance of making money over time. There are also chances to back horses in multiples at bigger odds.
Does your betting site offer multiple bet options?
In addition to backing horses as a single bet, you also want the opportunity to have horse racing bets where you place selections in doubles, trebles and other types of multiple bets.
For example, there is a bet called a Yankee where you have four horses and effectively combine them in doubles, trebles and a four-fold. Make sure that you have a bookmaker account where there is the option to place these types of bets.
On a similar note, you should choose a racing betting site where the maximum stake is as high as you need it to be. Some bookmakers cap the stake size for every day races and it can be frustrated when you’re not able to bet at the amount you want to.
How good are your bookmaker odds?