Horse racing & greyhounds

Racing is where boosted prices, best odds guaranteed and each-way offers are most at home. This section explains the racing terms that decide what such an offer is worth.

Each-way splits a bet into win and place, doubling the stake, with place terms quoted from the market. Starting price and ante-post need explaining, as do non-runners and the Rule 4 deduction that follows them; tips for horses and greyhounds sit alongside.

Remote General Betting Duty is 15% today and 25% from 1 April 2027, but remote bets on UK horse racing and pool betting stay at 15%. Racing’s 15% is explained by the Horserace Betting Levy, charged on operator profit from GB horseracing bets once it passes £500,000.

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