Fifth and Below<\/td> 0 Points<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div>\n\n\n Before every race, a horse is awarded a value by the bookies based on where they are expected to finish.<\/p>\n\n
\n For example, a favourite for the Cheltenham Gold Cup could be awarded a value between 40 <\/strong>and 42. <\/strong>You can either sell or buy respectively on the two values.<\/p>\n\n\n You can sell the value of 40 value on a stake of your choice, and the principal is exactly the same for buying.<\/p>\n\n
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If you sell the 40 value at \u00a31, and the horse goes on to win the race, you\u2019ll stand to lose \u00a310 as a liability. This is because there is a minus 10-point difference between the horse\u2019s sell value and the actual result of the race in favour of the bookies.
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If the horse were to not finish in the top five, you would stand to gain \u00a340. This is because there is a 40-point difference in your favour.
\n The sum of money involved either for a win or a loss is based on the value of your stake. If you were to sell at an increased value of \u00a35 <\/strong>and the horse were to finish outside the top three, you would gain \u00a3200. <\/strong>The principal is the same as using \u00a31,<\/strong> but you multiply your value by five rather than by one.<\/p>\n\n\n Buying on a horse is more straightforward, but carries the same risk and reward. For a bet on the favourite to yield a profit using the race index it would need to win.<\/p>\n\n
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For example, a \u00a31 bet on the buy market at 42 would yield an \u00a38 win. This is because the margin of points falls eight points in your favour.
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If your horse were to finish third in an 11 horse race, rather than win, you would stand to lose \u00a332 in liabilities.
\n So, you must bear in mind all the potential costs for using the race index before placing a horse racing bet using the spread.<\/p>\n\n
\n Jockey Index\n <\/h3>\n \n\n \n The jockey index works in a similar way to the race index, although the value given to a jockey is based over the course of one day\/meeting<\/strong> rather than a single race.<\/p>\n\n\n
Position<\/th> Points<\/th><\/tr><\/thead> Winner<\/td> 25 Points<\/td><\/tr> Second Place<\/td> 10 Points<\/td><\/tr> Third Place<\/td> 5 Points<\/td><\/tr> Fourth Place or Below<\/td> 0 Points<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div>\n\n\n Jockeys are assigned a value based on their expected performance for wins, as well as second and third-place finishes. You have the option to buy or sell based on their values in the same manner as you would on the race index.<\/p>\n\n
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(Source: Spreadex)<\/figcaption><\/figure>\n<\/div>\n\n\n Make sure to check all booked rides before a meeting to determine which jockeys are in action on which horse. If there are last-minute changes to the ride based on injury or other circumstances, more often than not the performance of the horse will count towards your bet even if your selected jockey does not compete.<\/p>\n\n
\n This market is a particularly notable one for major events such as Royal Ascot and Cheltenham Festival, where the leading jockeys will be in action on many of the top horses in the sport.<\/p>\n\n
\n Favourites Index\n <\/h3>\n \n\n \n The favourites index is another form of index betting<\/strong> that is available for race days. Bookies will assign a value based on how many points they expect the favourites to accumulate based on their race index.<\/p>\n\n\n You simply have to buy or sell whether you believe that the favourites will fail to reach the mark or surpass it. This is a very similar market to the jockey index, but focuses on the leading horses on a particular race day rather than the rest of the field.<\/p>\n\n
\n Distances\n <\/h3>\n \n\n \n You can also place horse racing spread bets on the total winning distances over the course of a meet or festival. It is a particularly notable bet for events such as Cheltenham Festival, although it is readily available at race meets across the world.<\/p>\n\n
\n The bookie will provide a value it believes that the cumulative winning distance will be, and you simply need to bet on whether the correct amount will be over or under the amount.<\/p>\n\n
\n There is a cap on the top winning value at 12 lengths, which protects both the bookies and customer in case of an outlier result. The majority of races are decided by a lesser margin. There are special markets available for alternate lengths, although these offer greater risk-reward for both parties. For distances less than a length, the values are as follows:<\/p>\n\n
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Nose: 0.05<\/p>\n <\/div>\n <\/div>\n <\/li>\n
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Short Head: 0.1<\/p>\n <\/div>\n <\/div>\n <\/li>\n
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Head: 0.2<\/p>\n <\/div>\n <\/div>\n <\/li>\n
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Short Neck: 0.25<\/p>\n <\/div>\n <\/div>\n <\/li>\n
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Neck: 0.3<\/p>\n <\/div>\n <\/div>\n <\/li>\n
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Half a Length: 0.5<\/p>\n <\/div>\n <\/div>\n <\/li>\n
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Three Quarters of a Length: 0.75<\/p>\n <\/div>\n <\/div>\n <\/li>\n <\/ul>\n <\/div>\n<\/div>\n\n
\n So, if you have a strong understanding of the respective fields on a race meet or a festival, this can be a good way to make a solid profit.<\/p>\n\n
\n Winning Favourites\n <\/h3>\n \n\n \n Betting on winning favourites is a widely popular horse racing spread market, offered by all major betting sites. In this market, you can choose to either buy or sell, based on your prediction of whether the number of winning favourites will surpass the value set by the bookie. Your decision hinges on how you feel about the quality of the favoured runners in a particular race.<\/p>\n\n
\n Match Bets\n <\/h3>\n \n\n \n Match bets provide an opportunity to focus on a select pair of competitors in a race, effectively narrowing the field <\/strong>to just two runners. In this market, your task is simple: you need to place a bet on which horse will emerge as the winner or loser by a specified margin.<\/p>\n\n\n Your bookmaker will assign values to each of the two competitors, reflecting their prediction of how the race is expected to unfold. You can choose whether to buy or sell on either horse, utilising your chosen stake in the process. This allows you to engage with the market according to your analysis and instincts.<\/p>\n\n
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(Source: Spreadex)<\/figcaption><\/figure>\n<\/div>\n\n\n The most a horse can win by is 12 lengths for flat racing and 15 on the National Hunt. If you buy and your horse is successful by more than the assigned value, your profit can be increased by a significant amount from your original stake. Alternatively, if the horse fails, you can be held liable for the losing distance.<\/p>\n\n
Horse Racing Spread Betting Tips and Strategies<\/h2>\n \n\n \n Horse racing spread betting is more nuanced than traditional fixed-odds betting, so it requires a greater emphasis on strategy.<\/strong> Given that the stakes involved can be more volatile, you need to be aware of all the key elements that go into picking winners for horse racing. Here are our top tips.<\/p>\n\n\n
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Research<\/p>\n <\/div>\n
\n Research is vital before placing any bet, but especially for horse racing when there are so many elements to consider. Before you back any horse or jockey, you will want to know all the key details such as their form <\/strong>and injury history. <\/strong><\/p>\n Fortunately, there are numerous resources available online that provide extensive details about the past performances of horses and jockeys over the course of their careers.<\/p><\/div>\n <\/div>\n <\/div>\n\n\n
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Knowing the Owners and Trainers<\/p>\n <\/div>\n
\n After following horse racing for a period of time, you\u2019ll get to know the key people behind the scenes: the owners and trainers. Owners can be heavily involved or completely hands-off, leaving their charges in the hands of trainers.<\/p>
\n Look out for little tells that are usually covered by horse racing news sites, such as whether an owner places a particular horse in a particular race. Knowing the top trainers involved in flat and jumps racing is also crucial, like Aidan O\u2019Brien, John and Thady Gosden, Willie Mullins and Nicky Henderson.<\/p>
\n However, while their horses are always among the best at the top events, their charges are not infallible. Horses from unheralded yards can just as easily win major events, so it's important to remain open-minded and never to discount the possibility of upsets.<\/p><\/div>\n <\/div>\n <\/div>\n\n\n
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