Ladbrokes Horse Betting
Ladbrokes Racingform. Latest results from around the country will appear here. Ladbrokes reports stated that virtual horse racing betting accounts for around 25% of all bets placed on horse racing. It, therefore, made perfect sense that Ladbrokes went the extra length to make sure that they provide not only a top-quality online experience but also offline virtual betting experiences that simulates all the fun of betting.
Online betting has made horse racing betting so much easier that days of wondering what to write on the shop’s betting slip are long gone.
These days a click of the mouse is sufficient enough to place your horse racing bet and this article will help you understand everything you need to know as we explain the ins and outs of horse racing betting.
Stake
Your stake is the amount you are willing to bet on the event and at Ladbrokes.com the minimum stake is £0.10 making horse racing betting accessible to everyone.
Odds
The odds express the probability of a horse winning a race so for instance if a horse is 1/1 to win, and another horse in the race is 5/1 to win, the horse with odds of 1/1 is five times more likely to win.
Your winnings are calculated by your horses odds so if your horse wins at 3/1 and your stake is £10 you will receive your £10 stake back, plus your stake multiplied by the odds – in this case 3/1 = £10 x 3 = £30
Horse Betting Calculator
Each way betting
Each way betting is effectively split into two bets – the win and the place. Each bet is an equal stake so for example a £1 each way bet will have £1 on the win and £1 on the place equalling a total stake of £2.
The place bet is betting on your horse to finish in either first or in one of the pre-determined places – usually the top three or the top four.
The odds for the place bet are given as a fraction of the odds for the win bet and will be displayed when you place your bet.
If your selection wins then both the win bet and the place bet will pay out, but if your horse was just to place then only your place bet would pay out.
Betting with Ladbrokes
This is a simple guide to betting and there are other types of bets that Ladbrokes offer, but for punters looking to explore the world of online betting, this is a good place to start.
Ladbrokes offer a number of betting opportunities across many different markets allowing punters to bet on everything from horse racing to football to tennis.
New customers can sign up here for a free bet worth up to £30.
Ladbrokes and Coral will no longer have a presence in racecourse betting rings after their parent company GVC announced it will cease operation of all of its 106 racecourse betting pitches, which have been sold to John Hooper.
“This decision has not been taken lightly, and we are very sad to be calling time on Ladbrokes and Coral's longstanding presence in the racecourse betting ring,” said GVC's Trading Director Tom Ritzema. “GVC remains totally committed to horse racing, with a significant race sponsorship portfolio under the Ladbrokes and Coral brands, and we are the biggest single provider of betting revenues to the sport.”
Ladbrokes Horse Race Betting
“A number of factors combined to lead us to conclude that a presence in the racecourse betting ring is no longer a strategic imperative for our two UK brands,” Ritzema continued. “The volume of business taken through the racecourse pitches is minuscule, compared to the volumes generated in our off-course retail and digital businesses, and we no longer use the operation to hedge into the racecourse betting ring. As the racecourse operation is loss-making and no longer has a strategic purpose, we have regrettably reached the decision to sell our pitches and leave the ring. The current situation with Covid-19, and racing behind closed doors, expedited the decision but was not one of the factors behind it.
Horse Betting For Dummies
“Standing in the betting ring will always be a huge part of both Ladbrokes and Coral heritage and history, and we are immensely proud of that. However, the betting landscape has changed immeasurably in recent years, and we need to change with it. We would like to wish John Hooper the best of fortune with our pitches, going forward.”