Many betting markets are available for the leading flat racing festival. If you're new to horse racing betting or are a seasoned bettor, there's something for everyone. Here are the most popular options at horse racing betting sites:
Futures or ante-post betting is available weeks and months ahead of Royal Ascot. Royal Ascot betting odds may even be available once the previous iteration of the race has finished, notably for the leading events at the five-day festival.
Bettors can get better value on their Royal Ascot odds by placing bets on the ante-post markets due to the uncertainty regarding the runners, form, and conditions on race day. It does come with a risk, but there's value to be had in using the futures markets. Bettors can protect themselves with non-runner no bet (NRNB) promotions. This offer voids your selection if your horse does not run in the Royal Ascot event.
A bet on the horse you think will win the specified Royal Ascot race. If your horse wins the race, you'll receive a payout. However, your bet will settle as a loss if your horse fails to win.
Place bets are extremely popular for Royal Ascot races, although the Royal Ascot betting odds are smaller than you'll find for the outright win market.
However, unlike win bets, you only need your horse to finish in the places to secure a return. Royal Ascot races vary in the number of places depending on the size of the field. Depending on the betting site, it can start with the top two or three and go as far as the top six.
Each-way bets are also popular during Royal Ascot. These bets split your wager into two, with one part of your bet on the outright win and the other a place wager.
You win both parts of the bet if your horse wins the race. If your horse fails to win, but places, you'll receive a payout at a fraction of the outright odds, usually 1/5.
Royal Ascot betting odds are presented in three formats, each of which is very easy to understand if you're new to betting online. The default odds will depend on your location, although you can change your preference through your account settings.
Here is a quick breakdown of how to read Royal Ascot odds:
Bettors in the UK and Ireland will see their Royal Ascot odds represented as a fraction. The number on the left of the line highlights your potential profit from the amount staked, which is the number on the right.
A bet at Royal Ascot on a horse with odds of 12/1 would stand to make a £12 profit for every £1 wagered if your bet succeeded.
First staged in 1768, Royal Ascot is the signature event of the UK and Irish flat racing season. It takes place over five days in June and comprises 35 races, including eight Grade 1 races such as the Ascot Gold Cup and St James's Palace Stakes.
Nearly 600 horses compete over five days, where the total prize money is worth £10M.
Day | Notable Races |
---|---|
Day 1 (Tuesday) | Queen Anne Stakes, King Charles III Stakes, St James's Palace Stakes |
Day 2 (Wednesday) | Prince of Wales' Stakes, Duke of Cambridge Stakes |
Ladies Day (Thursday) | Ascot Gold Cup, Ribblesdale Stakes |
Day 4 (Friday) | Commonwealth Gold Cup, Coronation Stakes, King Edward VII Stakes |
Day 5 (Saturday) | Platinum Jubilee Stakes |
At Gambling.com, we provide the latest, up-to-the-minute Royal Ascot odds.
Royal Ascot odds are updated in real time, giving bettors the best value on win and each-way bets for every race.
Horse racing odds regularly change, and we track and reflect each alteration via our custom odds comparison tool.
By regularly checking on Gambling.com and reading our expert horse racing betting tips, bettors can find the best value on their Royal Ascot betting odds and potentially select several winners at the festival, too.