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Dissecting Horse Racing & Greyhound Betting

Jamie Moore's Diary - jockey talks Goshen and Ascot rides

There are few sporting thrills that can compare to the excitement of betting on horse or greyhound racing. Whether you’re in the midst of the bustling crowd at the course or in the comfort of your own home, there’s nothing quite like the rush of seeing your pick charge ahead of the competition in the final stretch. With Hollywoodbets, you can enjoy a front-row seat to some of the most prestigious race events in the UK and Ireland, including the Cheltenham Festival, Royal Ascot, and the Aintree Grand National, as well as thousands of other race meetings. And if you’re looking for a global racing experience, we offer a comprehensive range of options from countries like South Africa, France, and the USA, and beyond.

 

Best Horse Racing And Greyhound Betting Odds

Our Best Odds Guaranteed promotion is one of the benefits we offer to horse racing punters . This long-standing offer guarantees that if the Starting Price (SP) of your chosen horse is higher than the price you initially took, you will receive the bet at the higher price.

This promotion is applicable to all races held in the United Kingdom, Ireland, and South Africa. However, it does not apply to ante-post bets, tote bets, international races, and other special events. If you place a bet and your horse jumps at a higher price and wins, you will automatically receive the larger price without the need to contact us.In addition to our Best Odds Guaranteed promotion, we also have another long-standing promotion that ensures we pay out on the horse that crosses the finish line first, even if the winner is disqualified or downgraded in the race.

 

Horse Racing Bet Types

For new horse racing punters, each-way betting can be an attractive option. This type of bet involves placing wagers on two possible outcomes: your chosen horse winning the race, or it placing (explained further below). By making an each-way bet, punters can benefit from added security. Even if their chosen horse fails to win, they may still receive a payout under certain conditions, as outlined below:

  • In handicaps of 16 or more runners: one quarter the odds first four places
  • In handicaps of 12 – 15 runners one quarter the odds will be paid out for the first three places
  • In other races of 8 or more runners one fifth the odds will be paid out for the first three places
  • In races of 5, 6 or 7 runners one quarter the odds will be paid out for the first two places
  • If there are fewer than 5 runners, the Place money is invested to Win

Horse Racing Betting Terminologies

To wrap up, we will review certain popular expressions that inexperienced bettors may encounter while exploring the realm of online horse race betting. Browse through the following list to acquaint yourself with racing terminology.

Starting Price (SP)

Starting Price refers to the initial price set for each horse. Betting on Starting Price means placing a bet based on the horse’s starting odds or the odds at the time of placing the bet. It’s important to note that SP betting can be unpredictable as the horse’s price may fluctuate throughout the day.

NAP

The term NAP is commonly used by tipsters to refer to their top selection on a given racing card. A great example of this terminology can be found on our blog, where renowned tipster Neil Morrice provides a daily preview of UK racing.

Furlong

The measurement unit known as a furlong is equivalent to 220 yards or one-eighth of a mile. It originated in England during the 16th century, where it became the standard unit for competitive horse racing. Even today, it remains in use in the United Kingdom.

Ante Post

Ante post betting involves placing wagers well in advance of a scheduled race day, which could be several days, weeks, or even months away. The main benefit of this type of betting is that you can secure more favorable odds for your chosen selection compared to waiting until closer to the race day. However, the downside is that your bet becomes invalid if your selected horse does not participate in the race.

 

Greyhound Racing Bet Types

You have three options for greyhound bets: winner, tricast, and forecast. While the concept of betting on the winner is easy to understand, forecasting, reverse forecasting, tricasting, and combination tricasting can be more complex. Let’s explore each of these in more detail.

  • Winner: Pick which of the six runners you think will win the race. If your selection wins, your bet wins.
  • Forecast: Bet on two dogs to finish first and second in the correct order.
  • Reverse forecast: This bet allows you to select two or more dogs to finish first and second in any order.
  • Tricast: Here you pick three dogs to finish first, second and third in the correct order.
  • Combination tricast: Take three or more dogs to finish first, second and third in any order.

 

Frequently Asked Questions

 

Register for an account and proceed to make your first deposit. You are now set to go! Head over to our horse racing page, pick a course, and select your preferred horse. Add your choice to the betting slip, determine the amount to wager, and place your bet.

 

Can I Take a Horse Racing Mulitple?

Similar to football, it is possible to place a multiple bet in horse racing. A multiple bet, also referred to as an accumulator, enables you to combine two or more selections from various races. For the bet to be successful, all the chosen selections must win their respective races, or place if you have opted for the each-way route. This form of betting carries higher risk but offers the potential for greater payouts.

 

How Many Dogs In A Greyhound Race?

Unlike horse racing where field sizes vary from as few as three to as many as 40 in the Aintree Grand National, there can only be a maximum of six dogs in a race. There may, however, be times when there are fewer runners a because of scratchings.

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