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what is a handicap horse race

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A handicap in horse racing is a type of race where the weights carried by those competing is based on official BHA ratings if the event takes place in mainland Britain. The horse given the highest rating by the assessor is allotted topweight with all others being relative to the difference between that one’s and their own mark. We discuss what is a handicap horse race is some depth here, so that you understand how such events work.

How Do Handicaps Work in Horse Racing?

The majority of horse races that take place worldwide are handicaps. Understanding what does handicap mean in horse racing circles is thus important if you’re going to take a punt on this sport. Our experts can explain the workings of such events by taking you through an example:

what is a handicap horse race

Let’s take an ordinary handicap chase from the National Hunt code of horse racing at random on a standard, run of the mill day in the sport. In a Class 4 event for horses rated 0-105, any entrants at the top of that bracket have topweight of 12st allotted to them. Should any runners have BHA handicap ratings of 105, then that is what they will carry.

If the next best horse with the assessor has a handicap mark of 99, however, then we need to subtract 6lb from 12st to get the allotted weight. That’s because 99 is six less than 105. It equates to 11st 8lb, as there are 14lb to every whole stone in imperial measurements, which remain the unit of weight used for BHA and Irish handicap ratings today. This process applies to every runner down the field based on the difference between their mark and that of the topweight.

The minimum handicap weight is also specified by the terms of the race. With a horse racing handicap over jumps, that is 10st 2lb. Anything rated below 79 in the above race will have to carry that minimum weight regardless of their official rating. This may create a situation where a horse is said to be running from out of the handicap. If you want to see what they should be carrying, then certain media outlets cater for that. They provide what is known as a long handicap.

You can not only see what is a handicap horse race, but how far out of the weights some participants are. Running from out of the handicap puts such horses at a major disadvantage as they compete from a mark that is above their actual official rating. It doesn’t stop some defying the unfavourable terms and winning, though.

What is a Handicap in Horse Racing? – Ratings Fluid not Static

The allocation of weight based on their mark to any runner in a handicap in horse racing only applies to that particular race. Based on their subsequent performance on the track, their current rating can go up, down or remain the same. One thing any seasoned punter that has been placing wagers on horse racing betting sites for a while will tell you, is the assessor puts progressive runners up a lot faster than they reduce the marks for those horses beaten.

If a horse wins a handicap race, then chances are their official rating will go up. It’s not always the same for those who lose, however, as it’s possible to run above expectations in defeat. When a horse’s mark starts to drop, the saying that the handicapper has relented may apply. A key takeaway for you here is that the situation is actually quite fluid. You could have a scenario where all competing horses end up with a very different assessment of their ability following a race.

Part of learning how to bet on horses effectively, then, is seeking out improving and/or well-treated horses. It’s not enough simply to know what is a handicap horse race, but which runners are still getting better and those who are on the wane, or who have fallen in the weights to an attractive mark on the pick of their form. That leaves you with plenty to ponder.

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Jamie Clark

How Penalties Can Let a Horse in Lightly to Early-Closing Races

Certain Premier and Heritage Handicaps that take place at major meetings and horse racing festivals are early closers for entries. Unlike top-level conditions races, Group 1s on the Flat or Grade 1s over jumps, you can’t supplement a horse for them, but there are ways of getting in lightly.

BHA official ratings for the competing horses can change after entries close. They will go up for a win and/or a good run in defeat, but may also drop down if performances aren’t up to par. The terms of early closing races mean revised ratings aren’t taken into account, only penalties apply for winning races after a certain date.

A horse over jumps might get a 7lb penalty, or 4lb or 5lb on the Flat, for victory en route to a big handicap. This extra weight could actually end up being less than their revised official rating. That is where you will hear that a horse is “well-in” to a handicap as they’re carrying less weight than their new mark from the assessor.

Pros & Cons of Betting on Horse Racing Handicaps Explained

As with any wager in betting, there are definitely upsides but also some drawbacks to taking a punt on an handicap in horse racing. We believe in being frank with you about that. Making you aware of the pluses, but also the negatives alongside telling you what is a handicap horse race creates a more rounded appreciation of such events:

What we like:
  • Better betting odds available
  • Bookies offer Extra Places for handicaps
  • Easier to get an each way bet on
What we don't:
  • Attracts more runners for larger field sizes
  • Much greater difficulty to find the winner
  • Often more competitive than conditions races

What is a Non Handicap Horse Race Called?

Horse racing events that aren’t handicaps are called conditions races. This is because the weights carried aren’t based on official ratings, but rather certain conditions. Penalties will apply if they have won a certain calibre of race within a set timeframe. Both the National Hunt and Flat codes have Listed races that act as a bridge between the lower of race and graded or Group races respectively. The highest level of competition is a Grade 1 or Group 1 event.

Away from the zenith of the sport, there are also selling and claiming races where horses can be sold or claimed if they win and a certain price is offered by prospective new owners. Some conditions and handicap races are restricted by age and gender of the horses, as well as a ratings ceiling, but also by the type of jockeys that can ride in them. Some are for amateurs only, while other allow conditionals over jumps and apprentices on the Flat.

Premier Handicap Races over Jumps

Now that you know all about what is a handicap horse race in general terms, it’s time to look at list of specific notable ones in the respective codes of the sport in the UK. We start with those over jumps, namely steeplechases and hurdle races. While there a small number of Grade 2 limited handicaps throughout the core National Hunt season such as the Old Roan Chase, Haldon Gold Cup, Desert Orchid Chase, Mares’ Novices’ Hurdle Finale, Cheltenham Silver Trophy and Scottish Champion Hurdle, the majority of valuable handicaps over jumps are called Premier Handicaps.

As of the 2023-24 season, there are around 50 such races held in the UK. These were introduced by the BHA as of 1 October 2022, replacing Grade 3 races. This followed a meeting of the Jump Pattern Committee where this recommendation was implemented. These are the races with Premier Handicap status run in England, Wales and Scotland today:

List of Premier Handicaps
Premier Handicaps Type of Race Race Distance Racecourse When
Swinton Handicap Hurdle 4yo+ Hurdle Race 1m 7f 144y Haydock May
Summer Plate 4yo+ Steeplechase 2m 5f 89y Market Rasen July
Byrne Group Handicap Chase 4yo+ Steeplechase 2m 167y Ascot October / November
London Gold Cup 4yo+ Steeplechase 2m 7f 180y Ascot October / November
Badger Beers Silver Trophy 4yo+ Steeplechase 3m 1f 30y Wincanton November
Paddy Power Gold Cup 4yo+ Steeplechase 2m 4f 44y Cheltenham November
Jewson Handicap Chase 4yo+ Steeplechase 3m 3f 71y Cheltenham November
Greatwood Hurdle 4yo+ Hurdle Race 2m 87y Cheltenham November
Stayers’ Handicap Hurdle 4yo+ Hurdle Race 3m 58y Haydock November
Gerry Feilden Intermediate Hurdle 4yo+ Hurdle Race 2m 69y Newbury November / December
Coral Gold Cup 4yo+ Steeplechase 3m 1f 214y Newbury November / December
Rehearsal Chase 4yo+ Steeplechase 2m 7f 91y Newcastle November / December
Becher Chase 6yo+ Steeplechase 3m 1f 188y Aintree December
Dahlbury Handicap Chase 4yo+ Steeplechase 3m 2f Cheltenham December
December Gold Cup 4yo+ Steeplechase 2m 4f 127y Cheltenham December
Betfair Exchange Trophy 4yo+ Hurdle Race 1m 7f 152y Ascot December
Ascot Silver Cup 4yo+ Steeplechase 2m 7f 180y Ascot December
Rowland Meyrick Chase 4yo+ Steeplechase 3m 45y Wetherby Boxing Day
Welsh Grand National 4yo+ Steeplechase 3m 6f 130y Chepstow December / January
New Year’s Day Handicap Chase 5yo+ Steeplechase 2m 4f 127y Cheltenham New Year’s Day
Classic Chase 5yo+ Steeplechase 3m 5f 54y Warwick January
Peter Marsh Chase 5yo+ Steeplechase 3m 1f 125y Haydock January
Cheltenham Countdown Handicap Chase 5yo+ Steeplechase 2m 4f 127y Cheltenham January
Great Yorkshire Chase / Sky Bet Chase 5yo+ Steeplechase 2m 7f 214y Doncaster January
Heroes Handicap Hurdle 4yo+ Hurdle Race 2m 7f 89y Sandown February
Betfair Hurdle 4yo+ Hurdle Race 2m 69y Newbury February
Swinley Chase 5yo+ Steeplechase 2m 7f 180y Ascot February
Grand National Trial 5yo+ Steeplechase 3m 4f 97y Haydock February
Coral Trophy 5yo+ Steeplechase 3m Kempton February
Greatwood Gold Cup 5yo+ Steeplechase 2m 3f 187y Newbury March
National Hunt Novices’ Handicap Hurdle Final 4yo-7yo Hurdle Race 2m 3f 173y Sandown March
Imperial Cup 4yo+ Hurdle Race 1m 7f 216y Sandown March
Centenary Novices’ Handicap Chase 5yo+ Steeplechase 2m 4f 10y Sandown March
Ultima Handicap Chase 5yo+ Steeplechase 3m 1f Cheltenham March
Boodles Juvenile Handicap Hurdle 4yo Hurdle Race 2m 87y Cheltenham March
Coral Cup 4y0+ Hurdle Race 2m 5f Cheltenham March
Grand Annual Chase 5yo+ Steeplechase 1m 7t 199y Cheltenham March
Pertemps Final 5yo+ Hurdle Race 2m 7f 213y Cheltenham March
Festival Plate Handicap Chase 5yo+ Steeplechase 2m 4f 127y Cheltenham March
County Hurdle 4yo+ Hurdle Race 2m 179y Cheltenham March
Midlands Grand National 5yo+ Steeplechase 4m 2f 8y Uttoxeter March
Red Rum Handicap Chase 5yo+ Steeplechase 1m 7f 176y Aintree April
William Hill Handicap Hurdle 4yo+ Hurdle Race 2m 4f Aintree April
Topham Chase 5yo+ Steeplechase 2m 5f 19y Aintree April
Village Hotels Handicap Hurdle 4yo+ Hurdle Race 3m 149y Aintree April
Freebooter Handicap Chase 5yo+ Steeplechase 3m 210y Aintree April
Grand National 7yo+ Steeplechase 4m 2f 74y Aintree April
Fillies’ Juvenile Handicap Hurdle 4yo Hurdle Race 2m 179y Cheltenham April
Scotty Brand Handicap Chase 5yo+ Steeplechase 2m 110y Ayr April
Scottish Grand National 5yo+ Steeplechase 3m 7f 176y Ayr April
bet365 Gold Cup 5yo+ Steeplechase 3m 4f 146y Sandown April

Heritage Handicaps & Other Handicap Races on the Flat

When it comes to the Flat, if a good class of race of this type (Class 2) is worth a certain amount in total prize money, then it qualifies for Heritage Handicap status. This may seem odd to some punters. Heritage is a word with connotations surrounding storied history, so there are in fact some long-standing and well-established handicaps that, because the prize fund isn’t sufficient, don’t qualify. Knowing what is a handicap horse race is certainly more complex than it first appears.

A notable example of historic race not meeting the requirements for Heritage Handicap status is the Old Newton Cup, which has been run in various guises at Haydock Park since 1807 with its current name coming in almost a century later in 1903. The two lists below deal with Heritage Handicaps and then other prestigious Flat handicap races:

List of Heritage Handicaps
Heritage Handicaps Type of Race Race Distance Racecourse When
Lincoln Handicap 4yo+ Flat Race 1m Doncaster March / April
Queen’s Cup 4yo+ Flat Race 1m 5f 216y Musselburgh Easter Saturday
Home Of Racing Handicap 4yo+ Flat Race 6f Newmarket April / May
Suffolk Stakes 3yo+ Flat Race 1m 1f Newmarket April / May
Guineas Festival Handicap 4yo+ Flat Race 1m 6f Newmarket April / May
Chester Cup 4yo+ Flat Race 2m 2f 140y Chester May
Victoria Cup 4yo+ Flat Race 7f Ascot May
London Gold Cup 3yo Flat Race 1m 2f Newbury May
Haydock Silver Bowl 3yo Flat Race 1m 37y Haydock May
Epsom Dash 3yo+ Flat Race 5f Epsom Downs June
Macmillan Sprint 3yo Flat Race 6f York June
Ascot Stakes 4yo+ Flat Race 2m 3f 210y Royal Ascot June
Royal Hunt Cup 3yo+ Flat Race 1m Royal Ascot June
King George V Stakes 3yo Flat Race 1m 3f 211y Royal Ascot June
Britannia Stakes 3yo Flat Race 1m Royal Ascot June
Wokingham Stakes 3yo+ Flat Race 6f Royal Ascot June
Northumberland Plate 3yo+ Flat Race 2m 56y Newcastle June / July
bet365 Sprint Handicap 3yo Flat Race 6f Newmarket July
bet365 Challenge Handicap 3yo Flat Race 1m 2f Newmarket July
bet365 Trophy 4yo+ Flat Race 1m 6f Newmarket July
Ascot 1711 Handicap 3yo+ Flat Race 5f Ascot July
John Smith’s Cup 3yo+ Flat Race 1m 2f 56y York July
Bunbury Cup 3yo+ Flat Race 7f Newmarket July
Moet & Chandon International Stakes 3yo+ Flat Race 7f Ascot July
Golden Mile 3yo+ Flat Race 1m Goodwood July / August
Stewards’ Cup 3yo+ Flat Race 6f Goodwood July / August
Symphony Group Handicap 3yo+ Flat Race 5f 89y York August
Sky Bet Stayers’ Handicap 3yo+ Flat Race 2m 56y York August
Fillies’ Sprint Handicap 3yo+ Flat Race 5f York August
Clipper Logistics Handicap 3yo+ Flat Race 7f 192y York August
Anniversary Fillies’ Handicap 3yo+ Flat Race 7f York August
Sky Bet Handicap 3yo+ Flat Race 1m 3f 188y York August
EBF Fillies’ Handicap 3yo+ Flat Race 1m 2f 56y York August
Sky Bet Mile 3yo Flat Race 7f 192y York August
Melrose Handicap 3yo Flat Race 1m 5f 188y York August
Ebor Handicap 4yo+ Flat Race 1m 5f 188y York August
Constantine Handicap 3yo+ Flat Race 6f York August
Sky Bet Finale 3yo+ Flat Race 1m 2f 56y York August
Lavazza Stakes 3yo Flat Race 1m 3f 211y Ascot September
Portland Handicap 3yo+ Flat Race 5f 143y Doncaster September
Ayr Gold Cup 3yo+ Flat Race 6f Ayr September
Cambridgeshire Handicap 3yo+ Flat Race 1m 1f Newmarket September
Challenge Cup 3yo+ Flat Race 7f Ascot September / October
Old Rowley Cup 3yo Flat Race 1m 4f Newmarket October
William Hill Finale 3yo Flat Race 1m 5f 188y York October
Cesarewitch Handicap 3yo+ Flat Race 2m 2f Newmarket October
Coral Sprint Trophy 3yo+ Flat Race 6f York October
List of Other Notable Flat Handicaps
Flat Handicap Name Type of Race Race Distance Racecourse When
Winter Oaks Fillies’ Handicap 4yo+ Flat Race 1m 2f Lingfield January
Queen’s Prize Handicap 4yo+ Flat Race 1m 7f 218y Kempton March / April
Rosebery Stakes / Handicap 4yo+ Flat Race 1m 2f 213y Kempton Easter Monday
Newbury Spring Cup 4yo+ Flat Race 1m Newbury April
City And Suburban Handicap 4yo+ Flat Race 1m 2f 17y Epsom Downs April
King Richard III Cup 4yo+ Flat Race 1m 53y Leicester April
Thirsk Hunt Cup 4yo+ Flat Race 7f 218y Thirsk April / May
Stellar Handicap 4yo+ Flat Race 5f 15y Chester May
Earl Grosvenor Handicap 4yo+ Flat Race 7f 127y Chester May
Jorvik Handicap 4yo+ Flat Race 1m 3f 188y York May
Hambleton Stakes / Handicap 4yo+ Flat Race 7f 192y York May
Zetland Gold Cup 3yo+ Flat Race 1m 2f 1y Redcar May
Lester Piggott Handicap 3yo Flat Race 1m 2f 17y Epsom Downs June
Northern Dancer Handicap 4yo+ Flat Race 1m 4f 6y Epsom Downs June
Tokyo Trophy 4yo+ Flat Race 6f 3y Epsom Downs June
Copper Horse Handicap 4yo+ Flat Race 1m 6f 34y Royal Ascot June
Kensington Palace Fillies’ Handicap 4yo+ Flat Race 7f 213y Royal Ascot June
Buckingham Palace Stakes 3yo+ Flat Race 7f Royal Ascot June
Duke Of Edinburgh Stakes 3yo+ Flat Race 1m 3f 211y Royal Ascot June
Sandringham Stakes 3yo Flat Race 1m Royal Ascot June
Palace Of Holyrood House Stakes 3yo Flat Race 5f Royal Ascot June
Golden Gates Stakes 3yo Flat Race 1m 1f 212y Royal Ascot June
Seaton Delaval Handicap 4yo+ Flat Race 1m 5y Newcastle June / July
Gosforth Park Cup 3yo+ Flat Race 5f Newcastle June / July
Old Newton Cup 4yo+ Flat Race 1m 3f 175y Haydock July
Marsh Cup 3yo+ Flat Race 2m 110y Newbury July
Chesterfield Cup 4yo+ Flat Race 1m 1f 197y Goodwood July / August
Kincsem Handicap 3yo Flat Race 1m 1f 197y Goodwood July / August
Goodwood Handicap 3yo+ Flat Race 2m 4f 97y Goodwood July / August
Summer Handicap 3yo+ Flat Race 1m 6f Goodwood July / August
Great St Wilfrid Handicap 3yo+ Flat Race 6f Ripon August
Beverley Silver Cup 3yo+ Flat Race 1m 4f 23y Beverley August / September
Old Borough Cup 3yo+ Flat Race 1m 6f 1y Haydock September
Be Friendly Handicap 3yo+ Flat Race 5f Haydock September
Mallard Handicap 3yo+ Flat Race 1m 6f 115y Doncaster September
Watergate Cup 4yo+ Flat Race 2m 2f 140y Chester September
Balmoral Handicap 3yo+ Flat Race 1m Ascot October
November Handicap 3yo+ Flat Race 1m 3f 97y Doncaster November

Tips for Betting on Horse Racing Handicaps

We’ve discussed what is a handicap horse race in some depth here, but not how to bet on them successfully. To be perfectly frank with you, these are trickier to be successful in as a punter than conditions races. There is some sage advice our experts want to pass on, however, so here’s what they have to say about betting on handicaps in horse racing:

Be Wary of Favourites

Favourites can and do win handicaps but, as these tend to be more competitive events, they get turned over more often than they are successful. You should therefore treat the market leader with some caution, especially in races with larger fields. There’s so much scope for something to go wrong with the favourite. On the Flat, it may be a victim of draw bias or bad luck in-running, while over jumps a horse that it’s tracking over hurdles or fences could fall in front of it and be brought down. Make sure that you look past favourites and check if they’re as solid as their odds suggest.

Carefully Consider Handicap Debutants

When a horse makes its debut in a handicap, then it’s often at the point where the assessor know the least about them. Some horses that have been campaigned in top conditions races do drop back into handicaps of course, and they too merit consideration, but the majority of runners ended up racing in maidens and novices before going into these events. The handicapper has no idea what the ceiling for further progress is for a lightly-raced horse. Nor do the bookies. That is often why handicap debutants are prominent in the betting.

Look if Horses are on or Below Their Last Winning Mark

You can’t just disregard seasoned campaigners against lightly-raced types, though, as horses can become well-treated if they had won a handicap off or above their current official rating in the past. This is where you must weigh up potential improvement against existing form of others. That is a fine and difficult balance to strike when deciding who to bet on in handicaps. Any horse that has dropped below their last winning mark will have done so for a reason, so you also have to be wary and ask if the fire of old still burns.

Seek Discrepancies Between BHA & Irish Handicap Ratings

The British handicapper isn’t always fair on runners coming over from the island of Ireland for races of this type. In fact, Irish handicap ratings don’t directly translate to running in England, Scotland and Wales. The BHA official ratings tend to add additional lbs to a raider from the Emerald Isle. There’s a theory that competition is stiffer in Ireland. Whether that’s true or not, any time you see a discrepancy between the two jurisdictions’ estimation of a horse and you think it has got in lightly, then that runner could be worth betting on.

FAQs

How are weights calculated for a handicap race?

What does out of the handicap mean in horse racing?

Do penalties apply to a horse racing handicap?

What does long handicap mean in horse racing?

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What is the difference between a handicap and non-handicap horse race?

Jamie Clark
Jamie Clark
Jamie Clark

Jamie Clark has been with www.bettingsites.co.uk from the very beginning and penned the very first pieces of content that appeared right here. Known for his horse racing expertise, his strong gambling knowledge comes from childhood where he was surrounded by both horses and betting. The godson of a former on-track bookmaker at Market Rasen Racecourse, Jamie ended up working in the same industry and became Sports Editor of heavyweight bookies Coral for three years before they merged with Ladbrokes. After a successful spell freelancing for other big names in the business, he helped us launch this site with his skills, experience and ability coming in useful. Read long form content across a range of betting subjects from Jamie right here.