Maximum Payout - Horse Racing

There are of course many considerations when it comes to betting on horse racing, from odds to each-way terms, and from new account offers to existing customer loyalty bonuses. One thing that shouldn’t be overlooked though is the  max payout that’s offered by each firm on horse racing.

Maximum Horse Racing Betting Payout

In today’s horse racing betting market where huge accumulator payouts are commonplace, it’s imperative to know the daily maximum horse racing payouts offered by the biggest online bookmakers.

Every online bookmaker has a maximum daily payout within their betting rules which most punters aren’t aware of. As punters we tend to be more concerned about prices, however with ‘Best Odds Guaranteed’ commonplace across most online bookmakers when it comes to horse racing, backers need to be aware that daily limits vary from £1million to as little as £100,000.

Let’s be clear here, bookmakers won’t pay a penny more than their maximum daily limit, so whether you’re a professional or a recreational accumulator punter, it pays to place your bets with bookmakers with the highest daily ceiling.

Here are our 2 best online bookmakers for horse racing betting based on current daily maximum payout ceilings:

Whether you’re the infamous Barney Curley who placed bets of over £3 million per year on horse racing or a small stake accumulator punter, knowing your maximum payout levels is key. Remember stable lad Conor Murphy whose £50, 5-horse accumulator at the 2012 Cheltenham Festival landed him a cool £1 million? Well his actual winnings should have been a whopping £3.1 million, but Murphy fell victim to the dreaded daily maximum payout ceiling. It could have been far worse as a number of well known online bookmakers have far lower maximum payout levels.

Right now UK and Republic of Ireland horse racing daily maximum payouts vary between £1 million down to £100,000. So it makes sense to have an account with the leading lights who guarantee best odds, the biggest payouts and other profitable promotions. With online bookmakers always looking to recruit new customers, below we highlight a couple of reputable operators both of whom offer the leading £1 million maximum daily payout ceiling.

bet365 offer a £1 million maximum daily payout ceiling on both United Kingdom and Republic of Ireland Full Service Horse Racing. Rest assured that the same £1 million ceiling is in operation for all United Kingdom and Ireland Full Service ante-post bets placed. It’s well worth noting that this is not the case for a number of online bookmakers some of whom reduce their maximum payout ceiling on ante-post bets by up to 75%.

bet365 also offer a very competitive £250,000 daily limit on Full Service Overseas Horse Racing from the likes of Dubai.

For horse racing punters the value doesn’t stop with the bet365 new customer promotion or their high-level maximum payout ceiling. bet365 want your horse racing bets and they have a key loyalty promotion which gives customers the opportunity to profit. Indeed their ITV Racing 4/1 offer is well worth checking out for big television meeting punters.

• ITV Racing 4/1 Offer: Back a winner at 4/1 or more and get a risk free bet on the next live ITV race (up to £50) at bet365. Offer applies to first single bet placed. Applies to Win and Each-Way Fixed Odds markets and Enhanced Place Terms markets only. Bet restrictions and T&Cs apply. New and eligible customers only. For full details of this offer click here.

William Hill also offer a £1 million maximum daily payout ceiling on both United Kingdom and Republic of Ireland Full Service Horse Racing. Rest assured that the same £1 million ceiling is in operation for all United Kingdom and Ireland Full Service ante-post bets placed. It’s well worth noting that this is not the case for a number of online bookmakers some of whom reduce their maximum payout ceiling on ante post bets by up to 75%.

William Hill also offer a market-best £500,000 daily limit on Full Service Overseas Horse Racing from the likes of Dubai.

For horse racing punters the value doesn’t stop with William Hill’s new customer free bet promotion or their market-leading maximum payout ceiling. William Hill want your horse racing bets and they have a key loyalty promotion which give customers the opportunity to profit. Indeed their Get 3 Bet Boosts to use every day on horse racing offer is fantastic for regular punters who want to get the very best odds.

• Pick Your Places or Lengthen Your Odds: Choose more places or get bigger odds on every UK race. Single markets only. 6+ runner apply for Pick Your Places. Other terms and restrictions apply .For full details of this offer click here.

Below is a table highlighting current Maximum Payouts for the United Kingdom Full Service Horse Racing:

Beware Irish horse racing can be a bit of a minefield when it comes to maximum payout ceilings. Not all online bookmakers provide a consistent maximum payout across both the United Kingdom and Ireland on Full Service meetings and that spells danger for accumulator bets that span the Irish Sea.

Here’s a statement from a well-known online bookmaker’s terms of business. “Where a multiple bet has been placed which involves events with different maximum winnings limits then the lowest limit will apply.” Now that can limit daily payouts to as little as £100,000 if your successful bet or multiples incorporate a race in the Republic.

It’s also worth noting that both BetVictor and Skybet have reduced their maximum daily payout on any bet involving Irish Horse Racing to £250,000 and £100,000 respectively. With the best in industry set at £1 million, that’s a surprise you would not want to receive on any super large win.

Below is a table highlighting current Maximum Payouts for Republic of Ireland Full Service Horse Racing:

Ante Post betting on horse racing has always been hugely popular. For example, bets and accumulators placed way in advance of the 2024 Cheltenham Festival is a ritual that thousands of punters both sides of the Irish Sea love to perform every National Hunt racing season. But beware as a number of high profile online bookmakers have lower maximum winning bet payout levels for bets placed ante post versus on the day (real market) of the race.

Ante post bets placed with bet365, Coral, Ladbrokes and William Hill receive market-best £1 million maximum daily payout ceiling – the same as on the day betting.

However Betfair, Betfred and Paddy Power customers receive a lower maximum payout level for horse racing bets placed ante post as opposed to on the day. Indeed across all 3 bookmakers, their £1 million maximum daily payout ceiling is reduced to only £250,000 for ante post bets placed.

Below is a table highlighting current Ante Post Maximum Payouts for the United Kingdom / Republic of Ireland Full Service Horse Racing:

Maximum payout football last updated November 2022 but subject to change. Comparisons used on this page are between the following bookmakers: bet365, Betfair Sportsbook, Betfred, BetVictor, Boylesports, Coral, Ladbrokes, Paddy Power, Skybet, William Hill, Unibet, 888Sport.

Please contact us if you spot any changes before we do or check the individual terms from the bookmakers above using the links provided.