Horse Racing Betting – Great Odds, Tips & Live Coverage

Horse Racing Betting Markets & Odds 

At 32Red, you can bet on a plethora of markets with great horse racing betting odds. You can pick the winner for each race or place each-way bets on horses to win or place in the top two or three spots. 

The most popular markets for horse racing also include: 

• Forecast – predictions on which two horses finish first and second in the exact order 

• Tricast – pick the three horses to finish in the exact order 

• Betting without the favourite – a horse racing bet where you exclude the favourite from the betting field, effectively betting on the other horses to win or place 

• Multiples – combining different horses to win or place across different events 

• Live bets – bets you can place on live races 

• Accumulators – allows you to bet on numerous selections and bets, where all your selections must win 

Apart from these popular markets, betting on horse racing also includes exotic bets such as the Lucky 15, Lucky 31, Canadian, Heinz, and others. These bets include dozens of selections at top horse racing betting odds, allowing you to possibly win more money in return.

 

Major Horse Racing Events & Betting Highlights 

The 32Red sports betting section on horse racing features the largest events in the sport. Those include Grand National betting, Royal Ascot betting markets, betting on the Cheltenham festival, and more. We’ll cover the most popular options in the paragraphs below.

 

Cheltenham Festival 2025 Betting  

The Cheltenham Festival is one of the most prestigious horse races in the world. Held at the Cheltenham racecourse every March, it features some of the best runners and jockeys. 32Red offers a deep selection of Cheltenham Festival betting markets, which include both pre-event options as well as live betting on the races.

 

Grand National Betting & Ante-Post Odds 

The Grand National is one of the largest horse races in the world. It’s a National Hunt horse race held every year at the famous Aintree racecourse. It’s also one of the oldest horse racing events, dating back to 1839. 32Red has great Grand National odds and markets in one spot.

 

Royal Ascot Betting & Flat Racing Season 

Royal Ascot is even older than the Grand National horse race, first held in 1768 over four days. The introduction of the Gold Cup in 1807 brought even more popularity to the racecourse. As one of the largest horse racing betting events, it generates a lot of attention from new and seasoned punters. 32Red offers a range of markets for this particular meeting across 5 days, offering pre-match events, free bets, as well as in-play betting markets. 

You can also place your bets on other events during the flat racing season. Make sure to check the horse racing odds in-depth and find a favourite to bet on.

 

Other Major Horse Racing Events 

With dozens of races available, you can also bet on other horse racing events at 32Red. Some of the options include: 

• Breeders’ Cup 

• Prix de l’Arc de Triomphe 

• Peakness Stakes 

• Dubai World Cup 

• Belmont Stakes 

• Melbourne Cup 

• King George VI Chase 

• Kentucky Derby 

• Epsom Derby 

• Glorious Goodwood  

The sports market coverage is vast, and you have live streams of the top events, as well as horse racing results for all the available markets.

 

Horse Racing Tips & Betting Strategies 

32Red’s blog offers various horse racing betting tips and predictions for the most important races. These tips are based on previous performances for the runners, as well as historical performances. They also take injuries into consideration, so you can get the best tips for the top horse racing events. 

It’s important to follow horse racing tips from experts to increase your chances of making accurate predictions. This is just one part of horse racing betting strategies, which can greatly increase your winning chances.

 

Horse Racing Terminology 

When you bet on horse racing, you’ll come across different terms and jargons. Let’s take a look at some of the ones you’ll find at 32Red and explain them to new bettors.

 

NP (Nap) 

Nap, often abbreviated as Nap, is short for Napoleon. It comes from a French card game, where the player would call Napoleon! when they believe they’ve won. In horse racing terminology, NP specifies the bet of the day from a tipster.

 

SP 

SP is short for starting price. Starting prices in horse races represent the final odds at the time of the race start.

 

NB 

NB is a term that refers to a tipster’s next best selection for a race.

 

Handicap Weights 

Horse racing handicap weights are used in handicap races. Horses carry specified weights called an impost, assigned to them by the racing steward. It’s based on various factors such as past performances, and just like in all types of handicap betting, they level the playing field. They’re also used in other races. For example, handicap weights can also be used in greyhound racing.

 

Responsible Gaming

32Red is dedicated to responsible gambling and helping players understand the importance of betting responsibly. When betting on horse races, you should ensure to keep your bets small, only bet with money you can afford to lose, and never chasing your losses. 

The responsible gambling page offers more information on this key concept, while also featuring self-exclusion tools that can keep your betting in check.