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Betting the Spring Jumps SeasonBritish jumps racing squeezes its biggest weeks into a short window. Cheltenham runs from Tuesday to Friday in the middle of March, and Aintree follows in April with the Grand National on the Saturday. Bookmakers take more money on those two meetings than on the rest of the season put together, and the markets open months before the horses walk into the parade ring. You can win or lose a bet on the Festival long before the tapes rise, because ante-post markets move with every trial and every weather forecast. Ante-Post Prices Arrive in AutumnAnte-post betting means you stake on a horse months before the race. Bookmakers price the Festival from soon after the previous meeting ends, nine or ten months out from the next one. You get a bigger number than the one on offer on the day, and you carry the risk that your horse picks up an injury, runs below form, or heads to a different race. Non-runner no bet changes that calculation. Firms move to NRNB terms a few weeks before the meeting and return your stake if the horse misses the race. They shorten the price to cover that safety, and the difference is what you pay for the insurance. A horse the bookmakers quote at 6/1 in the autumn can trade nearer 4/1 once the concession applies. Work out which deal suits your horse. If you have followed a novice through the winter and you rate its chance on the ground it will meet, the longer price is worth holding. If the season has been stop-start, NRNB earns its keep. Bookmakers deepen their markets as the meeting approaches. By the Monday of Festival week a championship race carries thousands of pounds, and a strong prep run shortens the price of any horse. Four Days at CheltenhamThe Festival runs four championship races across four days. The Champion Hurdle opens the meeting on Tuesday. The Queen Mother Champion Chase follows on Wednesday, the Stayers' Hurdle on Thursday, and the Cheltenham Gold Cup closes the week on Friday. Handicaps fill the rest of each card, and those races draw the biggest fields. Twenty runners crowd the start of a Festival handicap. That pushes the each-way places out to four or five and turns a 25/1 shot into a live bet when the ground has softened. The novice divisions run alongside the championships. The Supreme Novices' Hurdle and the Arkle open the week, the Brown Advisory and the Baring Bingham follow on the Wednesday, and the Triumph Hurdle gives the four-year-olds their own target on the Friday. Trials Day and the Winter Build-UpCheltenham stages its own trial meeting in late January. The card gives you a look at the course and the ground in midwinter conditions, and the races feed straight into Festival markets. Watch how a horse climbs the hill on a testing surface, because that test comes round again in March. Trainers use December and January to work out which trip suits each horse. A chaser that stays three miles at Newbury can drop back to two and a half at Cheltenham, and you can price the change of distance into your bet. Form lines cross through the winter. A horse beaten at Kempton can reverse the result at Cheltenham on different ground, and the prices on both runners shift with every run. Money arriving for a horse drops the price from 10/1 to 6/1, and you can see where the support sits. Check the form yourself before you follow it. Aintree and the Grand NationalThe Grand National sits apart from the championship races because it is a handicap. The handicapper gives every horse a weight, the top-rated runner carries the heaviest, and 34 horses line up at the start. The trip runs beyond four miles and two furlongs over the biggest fences in British racing. Two markets matter on the day. The win market pays on the first horse past the post, and the place market stretches to five or six places with the bigger bookmakers. The handicapper publishes the weights in February, and you can wait for that before you stake anything. A horse that scrapes into the handicap near the bottom of the weights with 10 stone on its back becomes an each-way pick for the public. You get a live outsider when a light weight meets soft ground, and that combination turns up at Aintree more than at any other meeting. Read the Going ReportThe ground at Cheltenham changes more in a week than at any other British track. A horse that travels on good ground can labour when the rain arrives and the surface turns soft. Clerks of the course publish a going report each morning, and the description changes through the week as the weather shifts. Read the report on the morning of the card before you place anything. You can throw away form figures from October when the ground turns heavy in March, because a mudlark at 33/1 can finish in front of a horse the bookmakers priced at 5/2 in the autumn. The ground also shifts between the Old Course and the New Course. Tuesday and Wednesday races run on the Old Course, Thursday and Friday switch to the New Course, and the two tracks drain at different rates. Overnight rain of 10mm or more changes a field. Clerks measure the ground with a going stick and publish the reading alongside the forecast. Forecasts, Tricasts and MultiplesWin and each-way bets cover most of the money, but the exotic markets deserve a look on big-field races. A forecast pays when you name the first two home in the correct order, a reverse forecast covers both orders, and a tricast needs the first three. Bookmakers also price a market without the favourite. Backing a 12/1 shot there pays out if your horse wins the race once the favourite is removed from the result, which suits a horse that keeps finishing second to a class act. Doubles and accumulators multiply your odds across races, and they multiply your risk at the same rate. Keep a multiple to two or three selections from one card and the bet stays affordable. Each-Way Terms and Field SizeAn each-way bet splits your stake in two. Half goes on the win, half goes on the place, and the place half pays at a fraction of the win odds. A handicap with 16 runners pays four places at a quarter the odds. The big Saturday handicaps push that to five places, and some firms pay six on the Grand National. Read the terms before you stake. Two bookmakers can offer the same price on the same horse and pay out on a different number of places. If your horse finishes fifth, one of those firms pays you and the other does not. You can treat each-way as a safety net on a 20/1 shot, and it works. On a 2/1 favourite the place half returns a fraction of a short price and eats into a win that would have paid full odds. Choosing a BookmakerEvery firm that quotes a price on a British race holds a licence from the UK Gambling Commission. Check the licence number and the company behind it before you deposit, because the name in the advert and the name on the licence can differ. The same method for checking a casino operator's credentials applies here: licence number, ownership, and how the firm answers a complaint. If you want a specific horse at a specific price, go to a licensed operator's racing page and compare the place terms against the win odds before you commit a penny. Staking and LimitsDeposit limits, time-outs and reality checks sit on your account page with any UKGC-licensed operator, and you can set them before you place a bet. The tools work the same for racing and casino play. If a break is not enough, GamStop excludes you from every licensed site in the country. GamCare and BeGambleAware run free support lines for anyone who needs them. Deposits come from a debit card, PayPal, Apple Pay, Google Pay, Paysafecard or an open banking transfer. The Gambling Commission barred credit cards from gambling deposits in April 2020, and no licensed operator accepts one. Spring racing gives you months of information before the tapes go up. Wait for the weights, read the going report, check the place terms and stake within a budget you set in advance. That approach gives you a better chance than a rushed bet on a Saturday morning. Copyright © 2013 Skin Evolution & Docteur Renaud | |||||||||||