Horse Racing Betting and Odds

There are year-round opportunities for horse race betting, and you'll find live-streamed races, plenty of betting markets and the latest odds at Livescore Bet IE.

From the National Hunt to flat racing, you can bet on your favourites across major horse racing meetings.

Horse Racing Major Meetings to Bet On

Cheltenham Festival and the Grand National are the biggest horse racing events on the calendar. And they attract top trainers, jockeys, and horses. Cheltenham Festival has 28 races, seven across four days. It features 13 chases, 13 hurdle races, alongside one Cross Country Chase and one flat Bumper race.

The Grand National is a three-day event with 21 races. The event is split into the opening day, ladies' day, and the Grand National day, which builds up to the main event. It allows a maximum field size of 34 runners, making it a highly unpredictable market.

The Royal Ascot, a premier flat racing event, features 35 races. Betting on horse racing at the Royal Ascot requires a transition of betting strategy where you focus more on a horse’s speed over its stamina and consider draw bias.

To place a bet on horse racing, log in to your Livescore Bet IE account. We cover all elite flat races and offer betting odds across all markets. Other major upcoming horse racing events include the Qatar Goodwood Festival and the York Ebor Festival. For Irish domestic options, below are future races you can check out for live horse betting:

• The Irish Derby Festival
• The Galway Summer Festival
• The Irish Champions Festival
• The Leopardstown Christmas Festival

How to Bet on Horse Racing

Betting on horse racing is straightforward: deposit once you're logged into your account. After choosing a horse, decide on the bet amount and the type of bet. Livescore Bet IE allows for various ways of betting on live race meetings, including:

Each-Way Betting

Each-way betting involves placing two separate bets of equal cost on the same horse. One of the bets is for the horse to win and the other for it to place. A €10 each-way bet will cost €20 in total.

If the horse wins, you’re paid for both parts of the bet. However, if it finishes in a designated place spot- second, third, or fourth, depending on the field size- you will lose the “win” bet but win the “place” bet.

Forecast Betting

Predict horses that will finish first and second in a single race. There are different approaches to this way of betting. A straight forecast must predict the first and second finishers in the correct order.

A reverse forecast allows you to pick two horses that will finish first and second in any order. However, this doubles your stake because it creates two separate straight forecast paths. Finally, there is a combination forecast: select three or more horses. Any two of them must finish first and second in any order.

Tricast Betting

Tricast betting is an extension of forecast betting. It requires selecting the horses that will finish first, second, and third in a race. You can either go for a straight tricast or a combination tricast. Straight ones require selecting the top three horses in their exact finishing order. A combination tricast is choosing more horses, with flexibility in the order of finishing.

In-Running Betting

At LiveScore Bet IE, you can find live streaming within our mobile app to track the position of racing horses. You can also use AI tools that track the horses' speeds and stride lengths to help with live horse racing betting.

This market’s odds can get volatile because the slightest changes, like a horse missing a jump or getting trapped on the rail, affect the final result.

Accumulator

An accumulator allows linking four or more selections across different races in a single bet. Every single horse must win or place, depending on the type of bet you place.

Other ways of horse race betting include Placepot, Yankee, and Lucky 15.

Popular Horse Racing Bets

There are different types of bets you can place. The option depends on how familiar you are with betting on horses, as well as with the format and rules of the racing event.

Below are popular bets, also shared across greyhound betting, you can place at Livescore Bet IE:

• Win: The horse to finish in first place.
• Place: The horse that will finish first or second. This varies depending on the field size.
• Show: The horse to finish in the first, second, or third position.
• Daily Double: The horse that wins two races.
• Head-to-Head: The horse between the ones paired by a bookmaker that will finish ahead of the other.

Horse Racing Betting Odds

Bookmakers set their horse racing odds by considering the conditions of the race itself and public betting volume. The horse’s form and performance data influence horse race betting too.

Let’s say a betting horse coming off a string of wins or place finishes. It will naturally attract the public eye, which will drop its odds. The horse's age and weight also play a role.

The track condition on race day is also a factor. Turf tracks change drastically when there’s rain. Some horses have large hooves or a running style that allows them to plow no matter how thick the mud is, while other horses will easily slip.

There are also betting horses built for sprints, whereas others are for long-distance races. That said, trainers and jockeys play a key role in influencing the bets. Odds will drop even if a champion jockey is chosen to ride a mediocre horse.

At Livescore Bet IE, you can discover the latest odds across all horse racing markets. You can check out our promotions for an improved betting experience. Always bet responsibly.