Betting Rules: Horse Racing

 

General Rules

1. Horse racing data is licensed from the British Horse Racing Authority.

 

2. If a customer has any queries regarding errors then those queries should be made through customer support within 14 days of settlement of the disputed bet.

 

3. Please note that for selected races win-only betting may only be available.

 

4. Place bets are only accepted if at least an equal amount is placed on the win bet. Any place money mistakenly accepted in excess of the win stake will be deemed void.

 

5. If a race is postponed to another day and overnight declarations stand then bets on that race stand. However, single bets will be declared void and any selection involved in accumulative bets will be treated as a non-runner in the following circumstances:

If the race is abandoned.
If the race is officially declared void.
If the venue is altered.
If the running surface is altered (e.g. Turf to Dirt or vice versa).
If the conditions of the race are altered after bets are made.

 

6. If a chosen runner is declared void or does not run, single bet stakes will be returned. For multiple bets the player's stake will remain for the remaining selection(s).

 

7. In the event of a dead heat, the stake placed on a selection will be divided by the number of runners involved in the dead heat. The full odds will then be paid to that divided stake while the remainder of the stake money will be lost.

 

8. We reserve the right to correct obvious errors. Should a wrong price or terms be given in error we reserve the right to either cancel a bet or settle a bet at the correct price/terms that were available at the time the bet was placed.

 

9. Bets will be settled on the official result at the time the ‘weighed in’ signal is received.

 

 

Starting Prices

1. The starting price (SP) is the price available at the time the race begins.

 

2. Unless a player selects the show or, where available, the early price, all bets on UK and Irish horse racing will be settled at the SP. In the event that no official SP is returned or in the event that no price is taken, then all SP bets will be settled according to the last Industry show passed. In the event that no Industry show is given, bets will be settled according to the last available Titanbet price.

 

 

Each Way Betting

1. All bets are settled to win unless each way is stated.

 

2. An each way bet is a bet of twice the selected stake and contains one bet of the value of your stake on the selection 'to win' and one bet of the value of your on the selection 'to be placed' according to the terms advertised for the event.

 

3. Unless otherwise advertised, the 'to be placed' part of each way bets is settled according to the following place terms:

Number of Runners Handicap Races Non-Handicap Races
2-4 'To win' only offered 'To win' only offered
5-7 1st 2 places at 1/4 odds 1st 2 places at 1/4 odds
8-11 1st 3 places at 1/5 odds 1st 3 places at 1/5 odds
12-15 1st 3 places at 1/4 odds 1st 3 places at 1/5 odds
16+ 1st 4 places at 1/4 odds 1st 3 places at 1/5 odds

 

NB In all races the number of runners shall be the number of runners that come under starters orders.

 

4. The above table applies for bets made at starting price, show price or early price.

 

5. In the event that there are an insufficient number of finishers for the above place terms, only runners that are officially placed will be considered successful selections. Bets on non-finishers will be lost.

 

6. For the purpose of settlement of bets, each-way doubles, trebles and accumulators will be settled win-to-win and place-to-place.

 

7. If you place a bet each way for a win only race or event, the total stake will be placed on the 'to win' bet.

 

8. Each way bets are accepted on unnamed favourites at starting price. Each Way bets are not accepted on second favourites.

 

 

Forecast Betting

1. For a forecast bet, you must select, in the correct order, which horses will finish 1st and 2nd in the race.

 

2. Forecast bets are accepted for races with 3 or more actual runners.

 

3. Bets are settled as straight forecasts in accordance with the computer straight forecast dividend. In the event of no straight forecast dividend being declared then forecasts will be settled in accordance with the NSL straight forecast chart provided that 3 or more horses run in that race.

 

4. Where available, you may take early prices or show prices in straight forecasts (a fixed price forecast). If any withdrawals from the race result in a total Rule 4 deduction of 10p in the £ or greater then a fixed price forecast will be settled at the computer forecast dividend.

 

5. Forecast bets containing unnamed favourites are not accepted.

 

6. Any forecast bets mistakenly accepted for races with only two runners, will be settled as a single to win bets on the selection picked to finish in 1st place.

 

7. In the event that a horse finishes alone in a race, forecast bets that nominated the finishing horse to finish 1st will be settled as a single to win bets at SP. All other forecast bets for the race will be lost.

 

8. In the event that a non runner is selected as part of a forecast bet, the bet will stand as a single to win bet on the remaining selected horse. In fixed price forecasts this remaining selection will be settled at SP.

 

9. If a customer places combination forecasts A B C and stakes for 6 bets, this forecast will be settled as the following six straight forecasts: AB, AC, BA, BC, CA, CB

 

10. In the event that there is a dead heat between two or more horses, separate returns will be declared and paid for each qualifying forecast. In fixed price forecasts stakes will be split according to the number of horses involved in the dead heat and the full odds will be paid.

 

 

Tricast Betting

1. Where available you may take early prices or show prices in a fixed price tricast.

 

2. In the event that a withdrawal results in deductions of £0.10 in £ or greater in accordance with Tattersalls' rule 4(c), then a fixed price tricast will be settled at the computer tricast dividend. In the event that no computer tricast dividend is returned then a fixed price tricast will be settled as a computer straight forecast on the first two named selections irrespective of where the third named selection finishes.

 

3. In the event that one of your tricast selections is a non-runner, the bet will be settled as a straight forecast at the computer forecast dividend for the remaining runners. In the event that there are two non-runners, the bet will be settled as a starting price single bet on the remaining selection.

 

4. Tricast bets containing unnamed favourites are not accepted.

 

5. In the event of a dead-heat between two or more horses for first, second or third place, separate dividends will be declared and paid to each qualifying tricast. In fixed price tricasts the stake will be split according to the number of horses involved in the dead-heat and full odds will be paid.

 

 

Favourites

1. Starting price bets will be accepted win only or each-way for unnamed first favourites.

 

2. The horse that is returned at the shortest odds is considered the favourite.

 

3. In the event that you nominate the favourite and two or more runners start at the shortest odds, your stake will be divided equally over the equal favourites.

 

4. Stakes will be returned on single favourite bets in the event that the return, regardless of the result, is either equal to or less than the original outlay. If this occurs with joint favourites in a multiple bet, the selection will be treated as a non runner.

 

5. In the event that the favourite is withdrawn before coming under starter's orders but too late for a new market to be formed, bets on the favourite for that race will be declared void.

 

6. In the event that a joint or co-favourite is withdrawn before coming under starter's orders but too late for a new market to be formed, the proportion of your stake on the withdrawn selection will be void and the remaining stake will be divided equally on the remaining selections.

 

 

Late Withdrawals

1. In the event that a horse is withdrawn before coming under starter's orders, or is officially deemed by the starter to have taken no part in the race, stakes will be returned on the withdrawn horse and any winning bets for that race will be subject to deductions in accordance with Tattersalls' Rule 4(c).

 

The rate of deduction will be based on the following scale:

Price of withdrawn horse at time of withdrawal Amount deducted from winnings
1/9 or longer odds on 90p in the £
2/11 to 2/17 85p in the £
1/4 to 1/5 80p in the £
3/10 to 2/7 75p in the £
2/5 to 1/3 70p in the £
8/15 to 4/9 65p in the £
8/13 to 4/7 60p in the £
4/5 to 4/6 55p in the £
20/21 to 5/6 50p in the £
Evens to 6/5 45p in the £
5/4 to 6/4 40p in the £
13/8 to 7/4 35p in the £
15/8 to 9/4 30p in the £
5/2 to 3/1 25p in the £
10/3 to 4/1 20p in the £
9/2 to 11/2 15p in the £
6/1 to 9/1 10p in the £
10/1 to 14/1 5p in the £
Over 14/1 No deduction

   
    

Total deductions shall not exceed 90p in the £ if two or more horses are withdrawn before coming under starter's orders.

 

2. In the event that a horse is withdrawn and a new market is then formed, any bets placed at show prices before the new show price is declared will be subject to the deductions in the table above. If a further withdrawal is made after the market has been re-formed, bets placed at show prices in the original market will receive a further deduction based on the price of the withdrawn horse in the original market. Any bets placed in the newly formed market will be subject to deductions based current prices.

 

3. The above table of deductions will also apply in the case of non runners in early price races.

 

 

Show Prices & Early Prices

1. Prices for all races, events and markets are not fixed and are subject to fluctuation.

 

2. Show prices are the current prices on offer at the racecourse in the period immediately before a race.

 

3. Early prices are unique prices compiled by Titanbet and offered on horse races until approximately 15 minutes before the start of a race.

 

4. If you wish to bet at either show prices or early prices then you must state this when placing your bet by selecting the appropriate dropdown option inside your bet slip.

 

5. In the event that a horse is withdrawn and a deduction is then made under Tattersalls' Rule 4(c), then for bets other than early prices, no show price can be bet on after the time that the horse was withdrawn unless the betting market has been re-formed.

 

6. In the event that a horse is withdrawn without coming under starters orders in a race with early prices, stakes on the withdrawn selection will be returned. Bets on the remaining runners in the race will be subject to deductions based on Tattersalls' Rule 4(c), and such deductions will be based on the first advertised price. However, once a market has been reformed, deductions will be based on the first advertised price of the non runner(s) in the reformed market.

 

7. In the event that an early price is offered on a race that includes reserve runners, bets will be settled on the result excluding the reserve runner(s) unless an early price is available for the reserve runner(s). If an early price is available for the reserve runner(s) bets will be settled according to the official result.

 

 

Void Races & Walkovers

1. Void races and walk-overs count as races but any horse so involved will be treated as a non runner for settlement purposes.

 

 

Re-started races

In the occurrence of a re-started race, bets will be settled according to the rules of the governing body for the jurisdiction where the race is hosted.

 

 

Postponed races

If any race is postponed then bets will stand provided there is no additional declaration stage and the original course and distance are used to host the race. Should a postponement not fit these criteria all bets will be made void. Please note that a Tattersalls Rule 4(c) may apply if not all of the original declared runners take part.

 

 

Re-Runs

1. In the event of a race being re-run as a result of a false start or other such occurrence, stakes will be refunded on horses taking no part in the re-run. Returns on the remaining runners will be subject to Tattersalls' Rule 4(c). Place terms will then be based on the number of runners taking part in the re-run.

 

 

Ante Post

1. Ante Post bets are accepted on selected races on an all-in run or not basis, whether a horse is entered or not. Except where stated otherwise, stakes will be lost on Ante Post bets if your selection does not take part and Tattersall's Rule 4(c) deductions are not are made from winning Ante-Post bets.

 

2. In line with principals laid down by Tattersalls Rules of Racing ante-post bets will be void under the following circumstances, otherwise bets stand.

(a) If the race is abandoned or declared void.
(b) If the venue of the race is altered or postponed to a later date at a different track.
(c) If the race is postponed to a later date at the same track with entries reopened and new entries are added to the race, all bets are void. All bets will stand if a race is postponed to a later date at the same track with the same entries (i.e no additional entries added).
(d) If the horse is balloted out or eliminated under Jockey Club rules single bets will be void. In any such cases, accumulative ante-post bets will stand on the remaining legs, at the prices laid on the selections in those races, with a double becoming a single, a treble becoming a double, etc.

 

3. Ante-Post bets are settled according to the price and terms given at the time the bet is accepted.

 

4. When the same selection is backed to win two or more races/events in ante-post bets, special odds are applicable. These special odds will supersede the accumulative odds calculated from the individual event prices irrespective of the fact that the individual event prices may have been accepted. If special odds were not available, the multiple bet stands with the first-run leg of the bet remaining at the odds taken when the bet was struck. The odds for the second leg of the bet will be returned at the first price available for that leg after the first part of the bet has been completed.

 

5. Ante-Post betting ceases on the day of the overnight declaration stage and all bets placed after that stage will be 'non-runner no bet' where a Tattersalls Rule 4 may apply.

 

 

Overseas Racing

1. All horse racing outside Ireland or the UK are settled on a Rules of Racing basis only. In countries where bookmakers do operate and an official starting price is returned, horse racing bets are accepted in accordance with our general rules and any conditional rules applicable to the country concerned, as advertised by Titanbet. In countries where there is no Starting Price market in operation, bets may be accepted at the following where available:

1. Titanbet Early Prices or SIS Industry shows.
2. For selected meetings when an SIS/Industry S.P. is in operation and advertised, bets not at a Early or Show price will be settled at the SIS/Industry SP and not at Pari-mutuel returns. (Bets maybe accepted at Pari-mutuel returns for meetings when an SIS/Industry is in operation only if we display this facility - otherwise bets will be settled at the Industry SP)
3. When there is no SIS/Industry SP in operation bets placed not at an Early or Show price will be settled at Pari-Mutuel returns.
4. There is a payout limit of GBP 25,000 to any one client on any one day for racing outside of the UK & Ireland

 

 

Guaranteed Odds

1. For races in which we offer a "guaranteed odds", if you take the early price for a runner and the starting price is greater than your early price we will pay out for winners at starting price.

 

2. For races in which we offer a "guaranteed odds", if you take the early price for a runner and the starting price is lower than your early price we will pay out at the early price you were quoted at the time you made your bet.

 

3. This offer only applies to early prices and therefore does not apply to show prices

 

 

Bonuses & Consolations

1. Bonuses & Consoloations are paid for Lucky 15, Lucky 31 and Lucky 63 bets according to the following table:

Bet type No. of selections No. of bets Lines (x2 for E/W bets) Consolation Bonus
Lucky 15 4 15 (30 E/W) 4 singles, 6 doubles, 4 trebles, 1 4-fold multiple Double the odds if only one selection is a winner 10% added to total winnings if all 4 selections are winners
Lucky 31 5 31 (62 E/W) 5 singles, 10 doubles, 10 trebles, 5 4-fold multiples, 1 5-fold multiple Double the odds if only one selection is a winner 20% added to total winnings if all 5 selections are winners
Lucky 63 6 63 (126 E/W) 6 singles, 15 doubles, 20 trebles, 15 4-fold multiples, 6 5-fold multiples, 1 6-fold multiple Double the odds if only one selection is a winner. 10% added to the returns if five selections are winners. 25% added to total winnings if all 6 selections are winners

 

2. In order to qualify for bonuses and consolations all selections must run.

 

3. For each-way bets the consolation applies only to the win part of the bet

 

 

Horse Specials

 

Aggregate Distance Betting


A fixed odds bet is available on selected Horse Race meetings based on predicting the correct total of the winning distances for all races at that meeting. The maximum distance for a single race is 12 lengths for Flat racing and 30 lengths for National Hunt.


In the event of a walkover, or all horses failing to complete a race, 5 lengths will be awarded to a Flat race and 12 lengths will be awarded to a National Hunt race.

 

If a meeting has one or two races abandoned or declared void, then bets will be settled with a default distance used for each abandoned or void race: 2 lengths for a flat race and 10 lengths for a National Hunt race. If more than three or more races are abandoned or void, then all bets will be void unless further races could not affect the result.

 

The distance will be the official declared distance at the weigh in by the press association. Any subsequent alterations will not count for settlement purposes. The following list represents the numeric unit that is used in the calculation for distances less than one length.

 

Nose > 0.05 Lengths
Short Head > 0.10 Lengths
Head > 0.20
¼ length > 0.25
Neck >  0.30
½ length >  0.50
¾ length > 0.75


Fixed Odds Favourite Betting

 

A fixed odds bet is also available at selected meetings and is based on a points system for the finishing positions of favourites in each race. The aim is to correctly predict the total number of points for the finishing positions of favourites in each race at the specified meeting. If the favourite is withdrawn then 10 points are awarded for that race. If there are joint or co favourites then the selection will be the one with the lowest race card number.
In the event of a walkover, or all horses failing to complete a race, 10 points will be awarded for that race. In the event of a dead heat then the points for each placing will be added and divided by the number of selections in the dead heat.

 

In the event that one race is made void or abandoned then 10 points will be awarded for that race. If two or more races are abandoned then all bets will be void unless further races could not affect the result. The following is list of the number of points awarded for the relevant placing of favourites.

 

First place 25 Points
Second Place 10 Points
Third Place 5 Points

 

Jockey Challenge

 

A fixed odds bet is available on selected Horse Race meetings based on predicting which of the named jockeys will score the most points. The following is a list of the number of points awarded for the relevant placing of the jockey's mount.

 

First place - 25 Points
Second Place - 10 Points
Third Place - 5 Points

 

A walkover is counted as a winner and allocated 25pts.

 

The scoring is based on the jockey's intended mounts as published in the Racing Post on the day of the meeting. If for any reason the stated jockey does not ride their intended mount, the horse will still count for the purposes of the Jockey Challenge market as being ridden by the intended jockey. If the jockey rides another horse that he was not scheduled to ride according to that day's Racing Post, then that ride does not count towards the jockeys points total.

 

Should a jockey's intended ride become a non-runner, points will be allocated as follows based on the price of the horse at the time of withdrawal:

 

Odds-on - 15 Points
Evens to - 5/1 inclusive 10 Points
Over 5/1 - 5 Points

 

In the event of a jockey's mount being involved in a dead heat the total points will be equally divided ( eg  dead heat for 1st place = total points of 35 (1st and 2nd) then equally divided = total points allocated as 17.5)

 

If a meeting is abandoned before all races involving the named jockeys have been run, or if one or more races involving a named jockey is declared void, then all bets will be void unless the result has already been determined.

 

Horse Race Match Bets

 

Horses match bets may take the form of a head to head match, or a selected group such as a threesome. The winner is the selection that obtains the best finishing position. If all horses fail to complete the course the selection that has completed most of the course is deemed the winner. If selections fall or refuse at the same fence in National Hunt races Dead Heat Rules apply. Dead Heat Rules apply with regard to finishing positions.

 

 

Reserve Horses

On occasion some races may contain reserve horses. These can be offered with or without an Early Price. The finishing position of any reserves will count regardless of whether a price was offered or not. If a reserve horse is offered with an Early Price and becomes a Non Runner then no rule 4 deduction will be applied as a result of the withdrawal. Should a reserve horse be declared as an official runner at the racecourse before the declaration stage and if then is subsequently withdrawn, normal Rule 4 rules will apply to the reserve horse from this point.

 

 

Double Result

Double Result is only applicable to horse racing in Ireland and the U.K.
Double Result means if your horse is 'First Past The Post' you get paid as a winner, however, should your horse be awarded the race or promoted to a place, as a result of a Stewards Enquiry or Objection which is announced before the 'weigh in', we will also pay you.
Double Result does not apply to the following bets or circumstances:
1) All Ante-Post bets.
2) Any horse disqualified for taking the wrong course, carrying an incorrect weight or failing to weigh in.
3) Races which are declared void.
4)Where there is an official correction to the result by the judge or SIS prior to the 'weigh in' and any races which are declared void before the 'weigh in' for which Rules of Racing will apply.
5) All bets on horse racing outside of Ireland and the U.K. are settled on a Rules Of Racing basis only.

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