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New to betting?

Everything below is written in plain English. No jargon, no assumptions, no pressure. We'll walk you through it.
Quick Answers
Can I lose more than I bet?
No, never
Minimum bet
£1
Where to bet
We recommend one
Age limit
18+
Can I cash out early?
Most bookmakers
Time to sign up
~2 minutes

🎰 How betting works

You pick a horse you think will win. You choose how much to bet. If your horse wins, you get your money back plus profit. If not, you lose what you bet. That's it.

You choose exactly how much to risk. You will never owe more than you bet.

💰 What are odds?

Odds tell you how much you'd win. They look like fractions: 4/1, 5/2, 10/1.

The simple version: the first number is what you win, the second is what you bet.

Example

4/1 means: for every £1 you bet, you win £4 profit.

Bet £5 at 4/1 → £20 profit + your £5 back = £25 in your pocket

The bigger the first number, the less likely bookmakers think the horse will win — but the bigger your win if it does.

On TrackLab, we always show you the plain English version first — like "Bet £5, get £25 back" — so you never have to do the maths yourself.

📊 What's a TrackLab Score?

We analyse past races, jockey form, trainer records, ground conditions and more to estimate each horse's chance of winning. Every horse gets a TrackLab Score — the higher the number, the better we think their chances.

20+ Strong chance
12–19 Solid chance
6–11 In the mix
Below 6 Long shot

Why is 20 a “strong chance”? In a typical race with 10 runners, the average score is around 10. A score of 20 means that horse is roughly twice as likely to win as average — that's genuinely strong in racing.

Important: a high score doesn't guarantee a win. Horse racing is unpredictable. The score just tells you which horses we think have the best chance.

Want the full breakdown of how the score works, what goes into it, and how value signals are calculated? Read: How the TrackLab Score works →

📱 How do I actually place a bet?

TrackLab helps you decide what to bet on — and tells you which bookmaker is offering the best price. When you're ready, the "Place bet" button takes you straight to that bookmaker.

1
Pick a horse on TrackLab

Find a race, expand it, and tap on a horse. You'll see its TrackLab Score and the best available odds.

2
Tap "Place bet"

The button tells you which bookmaker has the best price — e.g. "Place bet with Betfair". Tap it and you'll be taken to that bookmaker's site.

3
Find the race on the bookmaker

Look for the venue name and race time. Find your horse in the list and tap the odds number next to its name. Not the horse name — the number. That adds it to your bet slip.

4
Enter your stake and confirm

Type how much you want to bet (the "stake"). Ignore anything marked "E/W" or "Each Way" for now. Hit the "Place Bet" button. Done.

You'll need an account with the bookmaker — most take about 2 minutes to set up. You'll need an email, date of birth, and a debit card. They'll ask for ID — that's normal, it's the law. You must be 18+.

Betting sites are designed for experienced gamblers, not newcomers. They're packed with numbers, jargon, and options you don't need. That's exactly why TrackLab exists — we do the analysis for you, then point you to the right bookmaker.

When you land on a bookmaker's site, focus on four things:

  • The race time (match it to what TrackLab showed you)
  • The horse name
  • The "Win" market (ignore Each Way for now)
  • The bet slip — usually at the bottom of the screen

Everything else — form strings, SP, going reports in jargon — is for experienced users. TrackLab has already translated all of that for you.

What does Each Way mean?

Our advice: ignore this for now.

A normal bet wins only if your horse comes 1st. Each Way pays out if they finish 1st, 2nd or 3rd (at lower odds). It costs double. For beginners, just stick with a normal Win bet.

🛡 Can I lose more than I bet?

No. Absolutely not.

If you bet £5, the most you can lose is £5. You will never owe the bookmaker money. You will never get a bill. The worst that happens is you lose exactly what you chose to bet.

🔄 What if I change my mind?

Most major bookmakers let you cash out early — look for a "Cash Out" button on your open bets. You might get less than your full winnings, but you won't lose everything.

Once the race is finished, the result is final. If your horse won, you'll see the winnings in your account within minutes.