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Glorious Goodwood Betting Options
Glorious Goodwood is a major betting event, which is extensively covered by all major bookmakers in the United Kingdom. With dozens of races to choose from, racing fans have numerous opportunities to back world class thoroughbred racehorses in some of the most exciting events of the year.
Betting on racing can sometimes be confusing for those new to the sport. The following Glorious Goodwood betting guide explores some of the most popular betting options available from bookmakers during the Glorious Goodwood meeting.
Betting on Glorious Goodwood Races
- Betting on a winner: The simplest, oldest and most popular betting option requires racing fans to pick the winner of any given race. To place a bet on a winner, select the racehorse you think will win a particular Goodwood race and await the result. The downside of betting on a winner is that these markets often provide little value, as favourites in non-handicap races often pay out less than even money.
- Betting Each Way: When placing your bets on a winner, you will be offered the option to bet each way. Choosing this option will automatically double your stake, with half of this placed on the horse finishing the race in the top three. If the horse places but doesn’t win, half your stake will be paid out at ¼ of the odds on your selection. If the horse wins you’ll be paid out the full return at the selection’s odds. When placing each way bets always watch for bookmakers paying extra places, as this increases your chances of generating a return.
- Antepost Betting: Markets for the most prestigious races at the Glorious Goodwood meeting can open months in advance of the event. These markets often provide the best value to those racing fans wishing to bet on a winner. Whilst this option can be lucrative, it is suggested that you look out for bookmakers offering ‘no runner, no bet’ markets, as this will protect your stake should your selection be withdrawn from a race for any reason.
- Insurebets: Many bookmakers offer punters the option to ‘insure’ their bets on a winner by offering to refund stakes if a selection doesn’t win a race but finishes placed. Whilst this option may be tempting to those who prefer to bet with caution, keep in mind that Insurebet markets will always offer significantly lower odds on all selections.
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