There are many different categories, or type, of race for different types of horses. Here’s a list of just some of them.
A handicap race is one in which horses of different ability are allotted different weights to carry, to give them an equal chance of winning the race. The horses ability i.e. form and the resultant weight is assessed by the official handicapper.
Because of the very nature of handicap races, the odds on offer are generally bigger on average than for other types of races.
A handicap race for two year olds. The first of these is run in August. They can be from five furlongs to ten furlongs long.
A maiden race is for runners that have never won a race, and maybe their first outing.
Maidens are untested horses, and are best left alone whether laying or backing. Wait until they have gained some experience, and proven their abilities one way or another.
Ladies races are those in which all the jockeys are women.
Without being sexist, ladies races do have a tendency of being unpredictable i.e. a good laying opportunity (no pun intended!).
A race in which the eventual winner must be offered for sale by auction.
Flat races run under National Hunt rules.