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Horse Racing Settlement Rules

Written by K S

Updated at August 17th, 2026

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General Rules

  • Bets are accepted on selected racecourses worldwide, and the races we cover are listed on our website.
  • All bets will be settled based on the official final race protocol. Any subsequent changes, such as disqualifications, amendments, or appeals after the official result is published, will not affect the settlement of bets.

Abandoned and postponed races. Bets will be void if:

  • The race is abandoned
  • The race is postponed and does not take place within 24 hours at the same venue.
  • The race starts but is subsequently abandoned or postponed and will not be re-run within 24 hours at the same venue.
  • The race is declared void.
  • The final declarations do not stand.
  • The race moves to a different venue.
  • The race distance is changed from the initially advertised race distance by over one furlong (~200 meters) for a flat race or over two furlongs (~400 meters) for a race under National Hunt rules (including National Hunt flat races).
  • The race is a walkover.

Withdrawals and non-runners
If a horse is withdrawn before the race begins or is officially deemed not to have participated by the starter, bets placed on the withdrawn horse will be refunded. This also applies if a horse is withdrawn and does not appear in the final list of entries after all entry stages have closed.

Race Restart
If a race is restarted due to a false start, gate malfunction, track obstruction, or other valid reasons, all runners will return to the starting post. All bets will stand on horses that take part in the re-run. Bets on horses that do not participate in the re-run will be void and stakes refunded.

Dead Heat
A "dead heat" occurs when two or more participants finish in a tie for the same position. Bets are settled according to the dead heat rules for that event. The payout is divided by the number of participants who tied for that position. This means the total return on a bet (including your stake) is split equally among all the tied horses.

Example:
Bet: €10 placed on a participant to win at odds of 4.00. The race ends in a dead heat.
Payout calculation: €10 (stake) × 4.00 (odds) ÷ 2 (number of horses tied) = €20 payout

Market Rules

Winner
A bet placed on a participant to win an event or race outright.

To Take N-Y Place
In betting, "to take N-Y place" refers to a bet where your selection needs to finish within a certain number of top positions (e.g., Top 2, Top 3, or Top 4).

  • To take 1-2 place: the selected participant must finish in 1st or 2nd place for the bet to be settled as a win. If several runners finish in the same position, the main criterion for settling these bets is which two participants crossed the finish line ahead of the others.
  • To take 1-3 place: the selected participant must finish in 1st, 2nd, or 3rd place. If several runners finish in the same position, the main criterion for settling these bets is which three participants crossed the finish line ahead of the others.
  • To take 1-4 place: the selected participant must finish in 1st, 2nd, 3rd, or 4th place. If several runners finish in the same position, the main criterion for settling these bets is which four participants crossed the finish line ahead of the others.

If the selected participant finishes outside the specified positions, the bet loses.

To Take N Place
In betting antepost markets, a price is offered for each selection to finish in exactly the specified position. For example, the "to take 2 place" market is a bet on which horse in the field will finish in second position. Similarly, the "to take 3 place" market is a bet on which horse in the field will finish in third position, and so on.

Long-term Bets

Long-term bets, also known as ante-post bets, are offered on horse races prior to the final declarations stage. These bets are accepted "all in, run or not, entered or not" - meaning that bets will be lost if the selected horse does not participate in the race for any reason, including injury, withdrawal, or failure to qualify.

If a race is postponed to another day:

  • Long-term bets placed before the entries have closed will stand and will only be made void if:
    a. The race is abandoned or made void;
    b. The venue is altered.
  • Long-term bets placed after the entries have closed will be void, except when:
    a. The race is run at a later date at the same venue;
    b. The entries are not reopened;
    c. The running surface is not altered (e.g. turf to dirt/all weather or vice versa).

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