When you first start betting on horseracing, you'll notice that there are a number of different types of race that you can bet on. Horseracing in the UK is divided into three main types of race: Jump racing (or National Hunt), Flat-racing and All-Weather racing. Types of Jump Race: The SteeplechaseSteeplechases are usually run over a distance of between 2 and 4 miles and have larger jumps than those in a Hurdle. The jumps on a Steeplechase course must be at least 4.5 feet high and are fixed, so that they don't collapse like those in a Hurdle. Steeplechases are therefore more suitable for more experienced horses and horses cannot take part in Steeplechases until July 1 in the year of their fourth birthday. The most famous Steeple Chase in British horseracing is the Grand National, wh...
Read MoreBridie Millar
Here is a short guide to understanding horse racing betting types and odds: Types of Horse Racing Bets – The Win A win is where you are selecting a horse to win, sometimes referred to as ‘on the nose’. Types of Horse Racing Bets – The PlaceEven if your horse doesn’t win, you are still in with a chance. You can select a horse to be placed, and in general this means your horse needs to finish either 1st, 2nd or 3rd. For races with 5-7 runners (horses), your horse needs to finish 1st or 2nd. For a race with only 1-4 runners, there is no place betting. In a handicap race with 16 or more runners, your horse can finish 1st, 2nd, 3rd or 4th. Remember though, the place odds will be a fraction of the win price. This is normally a ¼ or a 1/5 (quarter or fifth) of the odds quoted. Al...
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