Horse betting Guide
Wednesday, May 13th, 2009
Betting on horse racing is the ultimate form of the gambling in Great Britain, it is the bookmakers’ bread and butter and the punters love to have a flutter on the nags. Race meetings are held regularly throughout the year - from March to December – so there is plenty of great opportunities to bet on horse racing. However the high profile, big race meetings tend to attract most of the media attention and so capture the public imagination. As such these high profile meetings also attract the majority of the betting.
Races such as Aintree, Royal Ascot, Glorious Goodwood are some of the biggest meetings in the country, if not the world. And it is at these meetings that some of the greatest horse races in the world are run. The Grand National is the UK’s most famous of all horse races and the betting action is wild during Grand National weekend. The betting is so wild as the race is so unpredictable, as the favourite only occasionally wins. So that means there is a distinct possibility that a real outsider, with long odds could go on to win the race and in the process get you a great return on your bet. In the 2009 Grand National Mon Mome – who was a 100-1 outsider - won the race, so whoever backed that horse picked up some serious money.
There are a three main ways you can bet on horse racing. The easiest is to back the outright winner and in the process you will win the most money on your bet. Or you could also bet for your horse to place, which would mean it coming first or second. The final one is to place a bet on a horse to show, which would mean it coming in first, second or third. If you bet for a horse to either place or show the odds would be shortened as the chances of your bet winning are increased.