There’s few things more frustrating than when you take a price on a horse only to find that the starting price has shot up. In fact, it can often be a lose, lose situation. You want to get you bets in early in case the price tumbles but you also don’t want to take a price if there’s half a chance the starting price is going to be greater.

This is where Paddy Power step in. They offer Best Price Guaranteed on all UK and Irish Horse Racing. So, if you are to take a price on a horse and the starting price is bigger, you will be paid out the bigger odds so you aren’t losing out on the prize money that is technically rightfully yours!

So, say for example, you take a price of 4/1 and your horse wins with a starting price of 5/1, Paddy Power will pay you 5/1. Meaning you will £60 rather than £50 if you were to place a bet of £10, winning you an extra tenner! And if you take a price of 4/1 and the selection goes on to win with a starting price of 3/1, you will still be paid at 4/1, so you really are getting the bets of both worlds and the best odds for your money.

Paddy Power’s Best Price Guaranteed applies to both single and multiple markets on win and each way. To be sure that your bet does have a guaranteed price, look out for the Guaranteed Price icon on your bet slip before confirming. The icon is in the form of a yellow-gold rectangle with GP inside.

There are of course a few rules when it comes to the Best Price Guaranteed promotion from Paddy Power. As seen with many bookmakers running a similar initiative, the promotion does not apply to bets placed at ante-post odds, betting-in-running bets, tote bets, combined horse bets and bets on international racing.

In regards to payments, the maximum payment any one customer is available to receive in respect of Paddy Power’s Best Price Guaranteed promotion is some £50,000 per day. For commercial reasons, Paddy Power reserve the right to excluded individual accounts from receiving various promotions, Best Price Guaranteed included.

If you’re not already a customer, join up with Paddy Power and receive £30 worth of free bets.