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Horse racing betting basics

Understand win, place and each-way bets before race day.

Horse racing betting basics illustration

Win and place are different

A win bet requires your horse to finish first. A place bet depends on the number of paying places specified for that race. Field size and operator rules can affect those terms, so confirm them on the bet slip.

Each-way means two stakes

An each-way bet combines a win bet and a place bet. R10 each-way costs R20 in total. The place portion usually pays at a stated fraction of the win odds; check the number of places and fraction before confirming.

Check changes to the field

A non-runner, a withdrawn horse or a dead heat can change settlement. Deductions may apply when the field changes. Read the operator’s non-runner and dead-heat rules rather than relying on the originally displayed potential return.

Treat form as information

Distance, surface, going and previous performances can inform your understanding, but they cannot guarantee a result. Keep race-day spending within a fixed entertainment budget and stop when that budget is spent.

Examples are illustrative, not betting recommendations. You can lose your entire stake. Get support.
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