Guide To Betting On Horseracing

Why you can now bet profitably on UK horseracing

Thanks to the betting exchanges, UK punters can now bet in markets of 105% and lower.

This means that, even if you pick horses at random, you should be able to return £1.00 from every £1.05 you bet.

i.e. with Betfair racing markets typically 100%, even if you have no skill, all you should be losing on your long-term betting is the 5% commission.

And it doesn't take much to go from £1.00 to £1.05 (break even) and then into profit with £1.06, £1.10 ...

This means the advantage has now switched from the bookies to the bettor. With a certain level of skill and by selecting the right races to bet on, the informed punter can expect to show an profit from his bets on racing.

The purpose of this site is to give you advice on horseracing betting: tips for analysing races and understanding racehorses that'll help you find the right bets. And also, for those that are interested, advice about racing tipsters.