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Full T&C's applyHow do I bet on horse racing?
How to bet on horse racing is simple. You can place a bet with a number of different horse racing betting sites. You’ll need to sign up and create an account, but then you’ll be free to bet on whatever races you choose, including Irish horse racing. Most, if not all, sportsbooks will have some sort of sign-up offer, so find the one that suits you the best.
How do horse racing odds work?
It can be easy to get confused by horse betting terms, but today’s horse racing odds tend to be displayed in two ways: fractional or decimal. With fractional odds, the first number is the amount you will win, if the second number is the stake. For example, 10/1 means that you will win £10 if your stake is £1, as well as your stake back. With decimal odds, your stake is factored in, so 10/1 is written as 11.0, 5/1 is written as 6.00 and so on.
What is a favourite in horse racing?
The favourite is probably the most famous of all horse betting terms. It’s the horse with the shortest odds and who the sportsbook thinks is most likely to win the race. It gives you the best chance of winning, but provides the lowest returns on your bet. When learning about how to bet on horses it can be a good starting point.
What does SP mean in horse racing?
In horse racing betting, “SP” stands for “starting price”. Prices for horse racing bets move depending on how much money is placed on them, so the starting price is the price of a horse at the time the race starts.
What does Nap mean in horse racing horse racing?
This one of the horse betting terms that you’ll hear frequently – it just means the best bet of the day. Experts give out tips on races, and the one that they’re the most confident in is known as the “Nap”.
What does each way mean in horse racing?
An “each way” bet is two bets in one. One part of the bet is on the horse to win, while the other part is for the horse to place (finish in the first three, although sometimes this is increased in big races to four, five or even six places) at reduced odds. Because the bet is in two parts, you stake is doubled. A £10 bet each way is a £20 stake, £10 to win and £10 to place.