Horse Racing Live Betting – Advice For Taking A Punt On The Exchanges

Last updated & tested: 2019-05-17

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When it comes to live betting horse racing is very different to other sports that you can place wagers on in-play. Bets in-running are not traditionally offered by bookmakers. If you want to get involved in live horse race betting, then, it’s all about getting on via the exchanges. This is very different from fixed odds gambling, however. You aren’t necessarily betting against a bookie, but fellow gamblers. Commission is charged by the service you’re using for arranging the wager, so always factor that in. You are likely to get bigger prices than those available on a fixed odds sportsbook, but greater risks come with this type of bet.

 

Unlike other sports, horse racing live betting is not really for novices or newbies. You need to have an eye for a hold-up performer being produced late and get your bets in-running on at just the right time when another punter doesn’t think the horse can win. The great thing about live horse racing betting is that via the exchanges you can lay horses you think will lose as well as backing those you fancy to win. That adds an extra dimension to the races on the exchanges. With ordinary in-play sports bets, you are backing an outcome to happen. Live horse betting allows you to do that and have your say about what won’t happen at the same time.

 

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Why get involved in live horse race betting?

Although some races are over in less than a minute, others can take several to develop and complete. In the UK, for example, horses compete under rules from all manner of distances between a 5f sprint on the Flat and the extended 4m 2f Grand National over jumps. The quicker the event, the harder it is to get on with live betting in horse racing is. It can be well worth your while having sharp wits to get a bet or two in-running on, though, as it helps to cover any stakes you placed via regular fixed odds gambling.

The smartest gamblers combine more traditional betting practices with a punt or two on the exchanges. Using horse racing live betting in this way can see you win bigger or have more bases covered, increasing the likelihood of turning a profit from your wagers. A betting exchange is probably going to charge you a small percentage in commission for facilitating the punter-to-punter bet. When you get involved in live horse betting, you are in a sense almost like a financial trader playing stocks and shares.

Risks are obviously attached. Bigger prices available taking or laying bets against fellow gamblers rather than a sportsbook mean you can win more. However, there is also the potential to lose more. If you back a horse to win and it doesn’t, also laying another horse to lose and it wins, then your losses are larger than if just taking regular fixed odds. Before you start any live horse racing betting, make sure you are fully aware of what you’re getting yourself into. A firm grounding and understanding is essential if you’re going to be successful with bets in-running and exchange gambling in general.

Tips for live betting/10 points


  • Not recommended for horse racing novices
  • The quicker the event; the more challenging the bet
  • Bigger prices are put on offer
  • Potential to lose more as well
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Examples of exchanges where live betting on horse racing is available

As we mentioned earlier, horse racing live betting isn’t widely on offer. An ordinary sportsbook just caters for regular fixed odds gambling. Getting yourself on the exchanges is the place to be for live horse race betting. Check out these sports betting exchanges listed below and find one you like:

Betfair is the UK’s most popular betting exchange. They have also developed a sportsbook which you can use from the same account. They have considerable power behind them in the British Isles since a merger with fellow bookmaker service Paddy Power, who also own Timeform – the horse racing ratings specialists.

 

horse-racing

 

Ladbrokes have recently launched a betting exchange to compliment their long-standing fixed odds bookmaker service. Bets in-running on horse racing is a natural part of that. This is because they and fellow conglomerate partners Coral sponsor so many races in this great sport between them.

Betdaq are one of the leading exchange alternatives to Betfair and lend their own considerable weight to horse racing sponsorship like their rivals and Ladbrokes. This comes in the form of being partnered with the Punchestown Champion Hurdle – the end of season equivalent to the big race on day one of the Cheltenham Festival some six weeks or so earlier in the National Hunt calendar.

Matchbook are another betting exchange. They are offering new customers no commission, subject to some terms and conditions, until the end of the year; December 21, 2018. That is available on all sports, including your horse racing bets in-running. Matchbook have also pumped plenty of money into the horses, sponsoring several events across both the Flat and jumps.

 

Bookmaker Our
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1100 / 100£30MoPlay
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299 / 100Claim your £25 bonus with bonus code OPENODDSNovibet
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398 / 100£30 FreebetBetway
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498 / 100Bet £10 Get £30888
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597 / 100Matched bet of up to £30Coral
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18+. UK+IRE only. Paypal & some deposit & bet types excl. Min first bet £10 a odds 1/2 or more. Tote and Pool excluded. Must be placed within 14 days of account reg. £30 credited as 3 x £10 free bets. Not valid with CashOut. Free bet valid for 7 days. Free bet stake not returned. 18+ T&Cs Apply."
696 / 100Bet £50 and Get £50Betfair
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795 / 100£30 insuranceGenting-Bet
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£30 First Bet Insurance: New customers only. Qualifying period ends 23:59 GMT on 31/12/19. A qualifying bet is a losing first settled real money single bet of at least £/€10 or more (at odds of evens (2.0) or greater (or a multiple where each selection is at odds of 2/5 (1.4) or more. Only losing win single part of an E/W bet will qualify. Free bet equal to your qualifying stake(Max £/€30) will be credited within 24 hours of qualifying bet settling and must be used within 14 days. Free bet stake not included in returns. Terms and conditions apply, 18+.
894 / 100£100 in bet creditsBet365
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New Customers only. Up to £100 in Bet Credits. Sign up, deposit £5 or more to your account and bet365 will match your qualifying deposit in Bet Credits when you place qualifying bets to the same value and they are settled. Min odds/bet and payment method exclusions apply. Returns exclude Bet Credits stake. T&Cs, time limits & exclusions apply.
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1093 / 100Bet £10 get £5 free!William-Hill
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