UK & Irish Horse Racing Rules: Race Winners Markets

Market description: Predict a horse to win a given race.

 

1. Bets are accepted for horse race meetings held under the rules of the British Horseracing Authority (BHA) and Horse Racing Ireland (HRI) and are settled on the official result.

2. Bets are accepted at ante post, William Hill price and SP (starting price), depending upon the market when the bet is placed.

3. All odds are subject to fluctuation and bets placed will be settled at the price at the time the bet was confirmed if requested or at SP.

4. If the selected horse finishes in a dead heat of two for first place, the stake will be divided equally by the number of horses involved in that dead heat.

• Example: If a £10 bet is placed on a horse priced at 3/1 that is involved in a dead heat of two, the stake will be divided equally across first and second place and will return £20.

5. If the selected horse is withdrawn from the race at any point in time, bets placed on that horse at ante post prices will have lost unless the horse is balloted out.

6. If the selected horse is withdrawn from the race before coming under starter’s orders, bets placed on that horse at William Hill prices and SP will be void.

7. If the selected horse is withdrawn from a race after coming under starter’s orders, bets placed on that horse at William Hill prices and SP will have lost as the horse will be deemed to have been a participant in the race.

8. If any other horse is withdrawn from the race before coming under starter’s orders, bets placed at William Hill prices and SP may be subject to a Rule 4 deduction.

9. If a race is abandoned, declared void or has only one runner (also known as a walk-over), bets placed on horses in that race will be void.

10. Adjustments to settlement won't be made for amended results or adjudications made by governing bodies after the weigh-in when the official result is declared.

Market description: Predict a horse to win and/or be placed in a given race.

• Placed means to come first, second, third or fourth depending upon the type of race and number of runners.

 

1. Bets are accepted for horse race meetings held under the rules of the British Horseracing Authority (BHA) and Horse Racing Ireland (HRI) and are settled on the official result.

2. Each way bets are accepted on horse races of five or more runners.

3. Each way bets on horse racing are made up of two equal stakes meaning that a £5 each way bet has a total stake of £10.

• One stake is bet on the horse to win the race and the other stake is bet on the horse to be placed in the race.
• The place terms differ according to the type of race and number of runners and are settled as per the following Industry Standard place terms, unless special William Hill place terms are available at the time the bet is struck, in which case these will supersede the Industry Standard place terms.
• Any bets placed prior to the introduction of special William Hill place terms will be settled on the place terms advertised at the time the bet was struck.

• The number of runners relates to the number of horses that were deemed to have participated in the race.
• The place terms are given as a fraction of the odds for the price of the horse to win the race.

4. The number of places represent the finishing positions in the race where 1,2 means first and second, 1,2,3 means first, second and third and 1,2,3,4 means first, second, third and fourth.

Example: A £5 each way bet with a total stake of £10 struck on a horse priced at 4/1 in a six runner non-handicap would return £35 if the horse wins.

• This is because: £5 bet to win at 4/1 = £25
• (4 x the £5 stake plus the £5 stake returned)

• £5 bet to place at 4/1 = £10
• (1/4 of 4 x the £5 stake plus the £5 stake returned)

A £5 each way bet with a total stake of £10 struck on a horse priced at 4/1 in a six runner non-handicap would return £10 if the horse is placed.

• This is because: £5 bet to win – losing bet
• £5 bet to place at 4/1 = £10
• (1/4 of 4 x the £5 stake plus the £5 stake returned)

5. Each way multiple bets such as doubles, trebles, etc. are settled as two distinct bets. This means that the win parts of each selection are multiplied together and the place parts of each selection are multiplied together.

• Example: A £5 each way double with a total stake of £10 struck on two horses each priced at 4/1 in a six runner non-handicap would return £145 if both horses win.
• This is because: £5 win double at 4/1 and 4/1 = £125
• First selection (4 x the £5 stake plus the £5 stake returned = £25) invested onto the second selection (4 x the £25 stake plus the £25 stake returned = £125)

• £5 place double at 4/1 and 4/1 = £20
• First selection (1/4 of 4 x the £5 stake plus the £5 stake returned = £10) invested onto the second selection (1/4 of 4 x the £10 stake plus the £10 stake returned = £20)

• A £5 each way double with a total stake of £10 struck on two horses each priced at 4/1 in a six runner non-handicap would return £20 if one horse wins and the other is placed.
• This is because: £5 win double – losing bet
• £5 place double at 4/1 and 4/1 = £20
• First selection (1/4 of 4 x the £5 stake plus the £5 stake returned = £10) invested onto the second selection (1/4 of 4 x the £10 stake plus the £10 stake returned = £20)

6. If the selected horse finishes in a dead heat of two for first place, the stake will be divided equally by the number of horses involved in that dead heat.

• Example 1: If a £10 each way bet is placed on a horse priced at 4/1 that is involved in a dead heat of two for first place in a 12 runner handicap, the stake will be divided equally across first and second place and will return £35.
• If the selected horse finishes the race in a dead heat of two for second place, the stake will be divided equally by the number of horses involved in that dead heat.

• Example 2: If a £10 each way bet is placed on a horse priced at 4/1 that is involved in a dead heat of two for second place in a 12 runner handicap, the stake will be divided equally across second and third place and will return £20.
• If the selected horse finishes the race in a dead heat of two for third place, the stake will be divided equally by the number of horses involved in that dead heat.

• Example 3: If a £10 each way bet is placed on a horse priced at 4/1 that is involved in a dead heat of two for third place in a 12 runner handicap, the stake will be divided equally across third and fourth place and will return £10.

7. If the selected horse is withdrawn from the race at any point in time, bets placed at antepost prices will have lost.

• If the selected horse is withdrawn from the race before coming under starter’s orders, bets placed on that horse at William Hill prices and SP will be void.
• If the selected horse is withdrawn from a race after coming under starter’s orders, bets placed on that horse at William Hill prices and SP will have lost as the horse will be deemed to have been a participant in the race.
• If any other horse is withdrawn from the race before coming under starter’s orders, bets placed at William Hill prices and SP may be subject to a Rule 4 deduction.

8. If an insufficient number of horses finish the race to fulfil the advertised place terms, bets will be settled only on the horses that actually do finish the race.

• Bets placed on horses that don't finish the race will have lost.

9. If the number of runners deemed to have participated in the race is reduced due to a horse/horses being withdrawn, each way bets will be settled on the revised place terms regardless of the time of bet placement.

• This means that an each way bet struck on a 16 runner handicap with 15 runners deemed to have participated will be settled on the first three places; an 8 runner race with 7 runners deemed to have participated will be settled on the first two places etc.
• If an each way bet is placed on a race with less than five runners having been deemed to have participated in the race, the entire stake will be bet on the selection to win.

10. If a race is abandoned, declared void or has only one runner (also known as a walk-over), bets placed on horses in that race will be void.

11. Adjustments to settlement won't be made for amended results or adjudications made by governing bodies after the weigh-in when the official result is declared.

 

In-shop | Telephone

• Horse racing bets placed in shops or by telephone will be settled as equally divided if this is clearly included in the instructions.
• An equally divided bet is where the total return from the first leg of the bet is divided into two equal parts and then invested as a win and place stake on the next leg etc.
• Equally divided bets aren't available online.

Market description: Predict that the favourite or predict that the second favourite will win a given race.

• The favourite is the horse that is returned at the shortest SP, the second favourite is the horse that is returned at the second shortest SP.
• Should two or more horses return at the shortest price they are classed as joint 1st and 2nd favourites.

 

1. Bets are accepted for horse race meetings held under the rules of the British Horseracing Authority (BHA) and Horse Racing Ireland (HRI) and are settled on the official result.

2. Bets nominating the favourite are accepted at starting price only.

3. Win and each way bets are accepted on un-named first and second favourites.

4. If two or more horses start as joint or co-favourites the stake will be divided equally across each.

• Example: If a £10 bet is placed on the favourite and the race is won by a 3/1 joint favourite, the bet will return £20.

5. If the selected horse finishes the race in a dead heat, the stake will be divided equally by the number of horses involved in that dead heat.

• Example: if a £10 bet is placed on the favourite priced at 3/1 that is involved in a dead heat of two for first place, the stake will be divided equally across first and second place and will return £20.

6. If a William Hill SP is returned this will take precedence over any other declared SP and the favourite will be determined by the final show of betting.

7. If the favourite is withdrawn from a race after coming under starter’s orders, bets placed on the favourite will have lost as the horse will be deemed to have been a participant in the race.

• Bets won't transfer to the second favourite.

8. If no SP is returned the favourite will be determined by the final show of betting transmitted by our service provider.

9. If the favourite is withdrawn from the race before coming under starter’s orders, and a new market is not formed, bets placed on the favourite are void.

• Bets won't transfer to the second favourite.

10. Adjustments to settlement won't be made for amended results or adjudications made by governing bodies after the after the weigh-in when the official result is declared.

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Betting Without

Market description: Predict the result of a given race excluding a named horse.

• The finishing position of the named horse will be ignored for bets placed on this market.

• Example: A bet placed on Kingston Hill without Australia will win if Kingston Hill wins the race and, if Kingston Hill finishes second to Australia.
• The bet will have lost in all other circumstances.

 

1. Bets are accepted for horse race meetings held under the rules of the British Horseracing Authority (BHA) and Horse Racing Ireland (HRI) and are settled on the official result.

2. Bets are accepted at the advertised special price.

3. All odds are subject to fluctuation and bets placed will be settled at the price at the time the bet was confirmed.

4. If the selected horse finishes in a dead heat of two for first place, the stake will be divided equally by the number of horses involved in that dead heat.

• Example: If a £10 bet is placed on a horse priced at 3/1 that is involved in a dead heat of two, the stake will be divided equally across first and second place and will return £20.

5. If the selected horse is withdrawn from the race before coming under starter’s orders, bets placed on that horse will be void.

6. If the selected horse is withdrawn from a race after coming under starter’s orders, bets placed on that horse at will have lost as the horse will be deemed to have been a participant in the race.

7. If any other horse is withdrawn from the race before coming under starter’s orders, bets placed on this market may be subject to a Rule 4 deduction.

8. If the excluded horse is withdrawn, bets placed on this market will be settled as an SP win single on the horse selected.

9. If a race is abandoned, declared void or has only one runner (also known as a walk-over), bets placed on horses in that race will be void.

10. Adjustments to settlement won't be made for amended results or adjudications made by governing bodies after the weigh-in when the official result is declared.

11. If a race has no finishers, or if only the favourite finishes, bets placed on horses in that race will be void.

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