Decimal vs Fractional Odds
With Marathonbet, horse racing fans can bet on the latest horse racing events using either decimal odds or fractional odds.
Decimal odds are becoming increasingly popular with UK bettors, as they incorporate your stake in the winnings. Here’s a working example:
Speed Merchant is priced up at 4.00 to win the 15:30 at Newmarket.
The bettor places £10 on Speed Merchant to win the race – and he does.
£10 on a win at odds of 4.00 means the better would receive a £40 payout, giving a profit of £30.
Or more simply: £10 x 4.00 = £40.
Fractional odds are perhaps more commonly known amongst UK bettors.
These odds display the winnings you will receive depending on the stake placed.
That means, as an example, for odds of 3/1, for every £1 stake you place, you’ll win £3 in return plus your £1 stake back.
What does SP mean in horse racing?
The ‘SP’ is the starting price of a particular horse based on the on-course market at the time a race begins. With Marathonbet, bettors have the option to place a bet at the starting price, or at the odds offered at the time the bet was made (the ‘early price’).
What does ‘early price’ mean?
Early price simply means the odds offered by the bookmaker at the time a bettor places a bet.
Example: Jim places £10 on Red Rooster to win the Grand National at 33/1 on the morning of the race. The horse is known for finding its best form on softer ground.
Weather conditions change rapidly during the course of the day with heavy rainfall on the track. This in turn means the bookmaker shortens the odds on Red Rooster winning the Grand National to 22/1.
As Jim opted to take the early price, the bet would be settled at the 33/1 price he originally struck with the bookmaker.
On raceday, racegoers can also take the ‘board price’. This is the price shown on trackside boards close to the off of a race and, once available, replaces the ‘early price’.
When can my winning bet be paid?
On horse racing, once the jockeys have ‘weighed-in’ then the result becomes official, and bets are paid on that result. All jockeys must weigh-in with all their kit after the end of a race to confirm the horse carried the correct weight in the race.
If there has been some doubt about a race being run fairly a stewards’ enquiry may be called at the end of that particular race. This is most commonly used when a horse had interfered with one of their rivals, by crossing into their path for example, and thus the final result may have been affected.
At the end of their enquiry, the stewards may decide that the interference did not affect the result and the result will stand, or they may demote the winner or one of the placed horses. In such cases, this can mean a horse being demoted to a lower finishing position or disqualified and placed last.
The ‘weighed-in’ will not be announced during a stewards’ enquiry and will only be declared once the stewards have concluded their checks and any amendments in final placings have been announced.
Popular Horse Racing Bets
What are Win Bets?
The clue’s in the name – and it’s the simplest bet you can place on any horse race.
Place a bet on the horse you think is going to win the race. If it wins, you’ll win.
What is each way in horse racing?
Each-Way Bets Explained
An each-way bet is a little more complex than a win bet. However, it can be a shrewd option if you want to maximise your chances of a return.
Each-way betting (usually abbreviated as EW or E/W) effectively comprises two separate bets – one on the horse to win the race, and one on it to place.
This means you’ll receive winnings if your horse fails to win the race but places. On most races with Marathonbet, you’ll get a return from an each-way bet if a horse places in the first three.
The number of paid places, as well as the place odds on a specific race, depend on the number of runners and whether the race is a handicap or not.
It’s important to note as an each-way bet comprises two elements, this means you will stake an amount on both the win and the place.
This means a £2 each-way bet will amount to a total stake of £4 (£2 on the win, £2 on the place).
Each-way betting often provides the best value in races with a larger field of runners (e.g. the Grand National) where events on the track, such as a favourite being brought down by another runner, can override form.
Each-Way Multiple Bets Explained
You can also place each-way multiple bets. For example, if you pick three horses you can place an each-way treble bet.
As explained above, this comprises two bets so will cost twice the unit stake. Thus, a £2 each-way treble will cost £4 and you will have two bets. A £2 win treble on all three horses to win and a £2 place treble on all three horses to be placed.
If all three horses win, then both bets are successful. If two horses win and the third horse finishes in one of the paid place positions, your win treble will have lost, but your place treble will be successful.
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