UK & Irish Horse Racing Rules: Place Markets



Place Only 2 Places

Market description: Predict a horse to finish first or second in 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 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. Place only bets are accepted on horse races of five or more runners.

5. 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: If a £10 place only bet is placed on a horse priced at 2/1 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 £15.

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 If the selected horse is withdrawn from the race before coming under starter’s orders, bets placed on that horse will be void.

7. If the selected horse is withdrawn from a race after coming under starter’s orders, bets placed on that horse will have lost as the horse will be deemed to have been a participant in the race.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 If any other horse is withdrawn from the race before coming under starter’s orders, bets placed on this market may be subject to a Rule 4 deduction that will be calculated on the respective place only market.

9. 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.

10. If a race is abandoned, declared void or has fewer than five runners, bets placed on that race in this market will be void.

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

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Place Only 3 Places

Market description: Predict a horse to finish first, second or third in 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 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. Place only bets are accepted on horse races of eight or more runners.

5. 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: If a £10 place only bet is placed on a horse priced at 2/1 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 £15.

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 If the selected horse is withdrawn from the race before coming under starter’s orders, bets placed on that horse will be void.

7. If the selected horse is withdrawn from a race after coming under starter’s orders, bets placed on that horse 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 on this market may be subject to a Rule 4 deduction that will be calculated on the respective place only market.

9. 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.

10. If a race is abandoned, declared void or has fewer than five runners, bets placed on that race in this market will be void.

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

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Place Only 4 Places

Market description: Predict a horse to finish first, second, third or fourth in 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 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. Place only bets are accepted on handicap races of sixteen or more runners.

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

  • Example: If a £10 place only bet is placed on a horse priced at 2/1 in this market that is involved in a dead heat of two for fourth place in a 16 runner handicap, the stake will be divided equally across fourth and fifth place and will return £15.

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

7. If the selected horse is withdrawn from a race after coming under starter’s orders, bets placed on that horse 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 on this market may be subject to a Rule 4 deduction that will be calculated on the respective place only market.

9. 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.

10. If a race is abandoned, declared void or has fewer than five runners, bets placed on that race in this market will be void.

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


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