Out of all the sports out there that you can bet on horse racing, for many, can come across as quite daunting. It’s a difficult one as variables that go on into producing the odds contain many elements, most of which the average punter isn’t privy to, or understands.

There are websites that offer some insight but most importantly tips too, TheWinnersEnclosure is an established horse racing tipping website. Tips are placed on a daily basis and formulate many a punters ACCA, Lucky 15 or whatever bet type they wish to run with on the day off their chosen race.

Single Horse Race Betting 

The most common and standard horse race bet will involve a specific race where the punter will usually get behind the one horse.Winning a race is self-explanatory and finishing anywhere other than first will count as a loss on that bet. Backing a horse to place means that it needs to finish in the top few places, with different bookmakers offering a different amount, but it tending to range between third and fifth depending on how many horses are in the race

The returns change from in which position the horse finishes the race, so if you’re backing a horse at Each Way with five offered places, it is finishing second will be different to it finishing fifth in terms of returns, but it’ll still count as a win in your bet.

Advanced horse racing bets 

After getting more knowledgeable of horse racing, punters will tend to bet in more interesting ways, with a higher number of selections being the typical next step to take. This can include Win Doubles, Win Trebles, Each Way Doubles and Each Way Trebles, before moving onto a Win Longshot or Place Longshot, where you’re doing the same as before but with more horses involved, which inevitably offers the opportunity to take higher returns if your bet lands.

All of the more advanced horse racing aficionados eventually get themselves involved in Lucky 15 betting and there’s many reasons why, with it being one of the only forms of betting where your bet continues even if some of the selections completely fail. It consists of four singles, six doubles, four-fold accumulator, which ties all four of your chosen horses into several different bets. It does mean you need to put fifteen times your stake on to account for each selection, but that tends to equate to £15, as most will put a pound on each selection.