Horse racing & greyhounds

A racing bet is settled by rules, not by the finish line alone, and settlement is where payout speed and payout size are decided. This is why racing ranks second on this site.

Win and place stakes under an each-way bet are equal, which doubles the total outlay. Starting price fixes the return on a bet taken without a price, ante-post bets are struck early, and a non-runner can bring in the Rule 4 deduction. Horse and greyhound tips are included.

A tax detail separates racing from other sports. Remote bets on UK horse racing keep the 15% rate of General Betting Duty even after the general remote rate is raised to 25% on 1 April 2027, and pool betting carries its own duty.

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