The main odds comparison sites are: Oddschecker, Easyodds, Betting.com. However, don't click through to place your bets directly from odds comparison sites. Bookmakers can monitor this behaviour and may penalise you if you consistently hit their top prices using this method, so open a new window to log into your chosen bookmaker's site. Once a Betfair exchange market is reasonably well-formed (ie the Book% is less than 110%), then the behaviour of bookmakers' prices can be confidently anticipated.
- Essential user considerations include the speed of odds updates and site reliability.
- The comprehensiveness of bookmaker coverage is critical, including smaller firms.
- Mobile app functionality and push notifications for price changes are highly valued.
- Clarity of the interface and ease of use directly impact the betting decision speed.
- Some users prioritize sites that also compare betting exchange odds like Betfair.
- Transparency about affiliate commissions and sponsored links is important for trust.
Generally speaking, bookmakers' prices will mirror trends on the Betfair exchange. If a Betfair exchange price starts to shorten, bookmakers' prices will follow suit and vice versa (or at least when a Betfair exchange price drifts, bookmakers' prices will either be held or lengthen, but they generally won't shorten). Betfair exchange trend graphs (Price/Volume over time) are useful for monitoring exchange price patterns and fluctuations.
- Leading sites in the UK include Oddschecker, Timeform, and Racing Post's comparison service.
- Specialist racing sites often provide more depth than general sports betting comparators.
- Some platforms are integrated with tipping services or form analysis tools.
- Free access is standard, with premium tiers offering extra features like alerts.
Knowing when to snap up an early price Sometimes you can be confident that a bookmaker's early price is unlikely to get any bigger and may, in fact, shorten fairly soon. Here's an example: You have decided to bet at 6/4 (2.50) or bigger. The Betfair exchange market is reaching a reasonably well-formed state (less than 110%) and is currently showing a Back price of 3.10. In addition, there is plenty of backers' money waiting to be matched at 3.15, 3.20, and 3.25. Three of them are offering 2/1 (3.00) and the other is offering 9/4 (3.25). The Betfair exchange trend graph (Price/Volume over time) shows a recent downward trend (price contracting). This situation cries out for the 9/4 to be taken.
Horse Betting Sites Frequently Asked Questions
Never be tempted to bet at shorter prices than your minimum value point. Wherever possible, use Best Odds Guaranteed bookmakers. If you take an early price and the subsequent SP is bigger than the price you took, you will be paid at the bigger price. Best Odds Guaranteed bookmakers for each event are highlighted at Oddschecker. These are crucial in comparing the prices on offer. It is likely to disappear shortly, and so might some of the 2/1 (3.00).
Frequently Asked Questions About Horse Racing Odds
If you think it will go under you can sell at 70. You can look at historical data and check out how long and how fiercely contested each race is set to be. If you buy at 75 for £20 and the winning distance points ends up at 84, you would make a profit of £180 (84 – 75 = 9 and 9 x £20 = £180). However, if the total distances only came in at say 73, the same bet would have lost you two times your stake for having settled two points under the price at which you bought. This is an exciting option because it means you are just as interested in the listed handicap at the end of the day as you are in the prestigious Grade 1 Cheltenham Gold Cup.
WHAT OTHER OPTIONS ARE THERE WHEN IT COMES TO HORSE RACING SPREAD BETTING?
Sporting Index has many more horse racing markets similar to the Winning Distances market, such as the Favourites Index, where you wager on how well the favourites will perform at a particular meeting. You can also bet on how well your favourite jockey will do in our Jockey Index, as we will assign him or her a spread for a meeting bet odds comparison website and give 25 points for each win, 10 points per runner-up finish and five points for a third-placed finish. There have been many famous clashes in racing, such as the famous Gold Cup rivalry between stable mates Denman and Kauto Star, and another great option to look at is match bets between two particular horses in a race, wagering on who will come out on top without worrying about whether one of them wins the actual race. Find out more about our most popular horse racing spread betting markets in our Sports Spread Betting Training Centre. Hints to help you secure the top bookmakers' prices Before you even look at the live markets, you should have calculated the minimum price you are prepared to accept for your intended bet. Sometimes it is far from obvious that a bookmaker's early price is the best you are likely to be offered. The night before the race there are two bookmakers offering 2/1 (3.00).
| Site | Fractional (UK) | Decimal (EU) | Moneyline (US) |
|---|---|---|---|
| Oddschecker | Yes (Default) | Yes | Yes |
| Oddsportal | Yes | Yes (Default) | Yes |
| Bettingexpert | Yes | Yes | No |
| Action Network | No | No | Yes (Default) |
The Betfair exchange market is reaching a reasonably well-formed state (less than 110%) and is currently showing a Back price of 3.20.
Live Horse Racing Betting
Like all forms of betting, you just have to be wary that you could also lose, and if Tiger Roll finished outside the top four places and gained zero points, you would be down £28, as the market would have settled 14 points below the price you bought at. If you thought perhaps Tiger Roll would struggle in the race, you could sell at 11. If you sold at 11 for £5 and he finished outside the top four, you would make £55. However, if he finished third and gained 20 points, you would lose nine times your stake. There are various permutations, and this really adds to the excitement you feel when watching a horse race.
What horse racing events can I bet on?
A great way to have an interest in every single race at a meeting, without having to study the form for each one, is to bet on the Winning Distances. We will assign a point for every length the winner of a particular race wins by, up to a maximum of 12 lengths for Flat races and 30 lengths for National Hunt. A short head counts as 0.1, a head is 0.2, a neck is 0.3, half a length is 0.5 and three-quarters of a length is 0.75. You might then see a Winning Distances spread of 70-75 at a four-day meeting like the Cheltenham Festival. If you think the total will go over 75, you buy at that price. If the Betfair exchange price drifts to say 3.50, then at least one of the bookmakers may go 9/4 (3.25) or a new bookmaker may come in at 9/4 (3.25) or even 5/2 (3.50).
UK & Ireland Horse Racing
Spread betting on Horse Racing really ramps up the excitement and offers a vast array of different markets for you to enjoy. Imagine the excitement you experience when placing a standard, fixed odds bet on a race, then dial it up several dozen notches and you’ll begin to understand the wonderful world of sports spread betting. Sporting Index offers a wide range of horse racing markets for you to choose from, so you are bound to find something that appeals. The beauty of spread betting on horse racing is that you do not have to pick the winner of a particular race. Sometimes a race may look really tight and you end up choosing not to place a bet as you cannot decide who will win.
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In those cases, Sporting Index have you covered. You can bet on winning distances, jockeys’ performances, starting prices and much more, allowing you to wager on a race or an entire meeting without having to worry about deciding the winner. Our traders will make a number of predictions about different events and scenarios within a particular race or meeting. You will see a range of spread indexes, and each one will have two prices: a buy price and a sell price. The sell price is always the lower figure and the buy price is the higher one. Later, the Betfair exchange price may swing back the other way, down to 3.20 again. I would then take the 5/2 (3.50) straight away and probably the 9/4 (3.25) too, remembering that my lowest value point is 6/4 (2.50). Often, it is better to wait than to immediately snap up the best current bookmaker price, especially if only two or three firms have opened their markets. Heavy support for a runner, particularly when it occurs over a short period of time during the early stages of a market, can result in its price being cut to an artificially low level. Once that burst of support has dried up, the price will begin to drift back out again as layers recognise that it has become too short. The very top price for any bet will almost always appear on the Betfair exchange, rather than with a bookmaker, but recognising when that peak has been reached is difficult and you can never know for sure when it has arrived.
- Promotions and enhanced offers are frequently highlighted on comparison site pages.
- These can include price boosts, extra places, or money-back specials on selected races.
- This adds another layer of value beyond the standard odds comparison.
- Users should always read the full terms and conditions of any promoted offer.
For this reason, many investors like to make their bets in stages. You don't always need to stake your intended amount in one go. The trend graphs at the Betfair exchange (Price/Volume over time) are useful when you can't sit and watch price developments.
| Bookmaker | Market Position | Notes on Odds |
|---|---|---|
| bet365 | Market Leader | Strong odds across all races, frequent price boosts. |
| William Hill | Traditional Giant | Competitive on major festivals (Cheltenham, Derby). |
| Paddy Power | Innovator/Challenger | Often leads on ante-post markets. |
| Sky Bet | TV/Broadcast Focus | Good offers for new customers, Money Back Specials. |
| Betfred | High Street & Online | Famous for Double Delight & Hat-Trick Heaven offers. |
The reason I prepare my bets very early (they are ready, at the latest, in the early evening for the following day's racing) is to give investors every chance of hitting the top prices. Bookmakers are now pricing up virtually every race the night before, thereby presenting investors with more opportunities to exploit.
| Race Type | Best Price Found | Worst Price Found | Typical Price | Value Difference |
|---|---|---|---|---|
| Group 1 (Flat) | 2.25/1 | 2.00/1 | 2.10/1 | 12.5% |
| Handicap Chase | 2.10/1 | 1.91/1 | 2.00/1 | 10% |
| Maiden Hurdle | 2.20/1 | 1.83/1 | 2.00/1 | 20% |
Being ready early provides options of going in straight away, waiting, or betting in stages. Utilising these techniques, then assessing the wisdom of your decisions with the benefit of hindsight, will improve your performance greatly. Your anticipation will become much keener and you will start to hit bigger prices on a regular basis. Come race time, everyone likes to be sat on the biggest price that was ever available, especially if the horse is going off at far shorter odds. However, the important thing is that you have secured a price which is bigger than your minimum value point.
How to Choose a Horse Racing Betting Site
If you believe our traders have pitched the quote too high, you can sell at the lower price and if you think it is too low you buy at the higher price. This makes things a lot more exciting than simple fixed odds betting, as your returns are never set in stone and instead of a binary win or lose option the possibilities are near limitless. As an example, you might want to bet on a particular race in which there are 12 runners. We will assign 50 points to the winner, 30 points to the runner up, 20 to the third placed horse and 10 to the horse that finishes fourth. You will see a spread affixed to each runner, depending on how strong we determine it to be compared to its rivals.
INDIVIDUAL RACE INDEX
Let’s say you fancy Tiger Roll to do well and you see a spread of 11-14 on his performance. You would then buy at 14 for a stake of your choosing, for example £2. If he then won the race and gained 50 points, you would make a profit of £72 as the market would settle 36 points over the price at which you bought (50 – 14 = 36 and 36 x £2 = £72). If he finished second you would still be 16 over and make a £32 profit. This allows for greater returns when finishing in place positions than with fixed odds betting where all places return the same odds.
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