Rule 4 Deductions Explained

Betting Guide

Rule 4 Deductions Explained

● FormDialHorse Racing

Rule 4 is the mechanism bookmakers use to adjust payouts when a horse is withdrawn from a race after the market has formed. When a runner is removed, the remaining horses all become more likely to win — but the odds on your bet were set when the full field was intact. Rule 4 corrects for this by applying a deduction to your winnings. The deduction is not arbitrary. It is calculated from the price of the withdrawn horse at the time of withdrawal.

How the Deduction Is Calculated

The deduction is a percentage taken from your winnings — not from your stake. It is applied after the race, to the profit element of your return. The percentage is determined by the price of the non-runner at the time it was withdrawn.

Price of Non-RunnerDeduction
1/9 or shorter90p in the £
2/11 to 2/1785p in the £
1/4 to 2/980p in the £
3/10 to 2/775p in the £
1/3 to 4/1170p in the £
4/9 to 8/1565p in the £
8/13 to 4/660p in the £
4/5 to 20/2155p in the £
Evens to 6/550p in the £
5/4 to 6/445p in the £
13/8 to 7/440p in the £
15/8 to 9/435p in the £
5/2 to 3/130p in the £
10/3 to 4/125p in the £
9/2 to 11/220p in the £
6/1 to 9/115p in the £
10/1 to 14/110p in the £
16/1 or longer5p in the £
The deduction hits hardest when a short-priced favourite is withdrawn. If the 4/5 favourite is a non-runner, a 55p deduction is applied to every winning bet. On a £10 win at 6/1, your profit drops from £60 to £27 — a 55% reduction. On a £10 each-way bet, the deduction applies to both the win and place elements. This is why backing at short prices in races with doubtful runners is particularly risky — a late withdrawal can halve your return even if your horse wins.

When Rule 4 Applies

Rule 4 applies whenever a horse is withdrawn after the final declaration stage and the bookmaker has already priced the market. The most common scenarios are late veterinary withdrawals, going-related withdrawals on the morning of the race, and horses that refuse to enter the stalls at the start.

Rule 4 does not apply to ante-post bets. If you backed a horse ante-post and a different runner is later withdrawn, your bet stands at the original price with no deduction. This is one of the advantages of ante-post betting — you are insulated from Rule 4 adjustments. For more on this, see Ante-Post Betting Explained.

Multiple Withdrawals

If more than one horse is withdrawn, the deductions are cumulative — but not simply added together. The deductions are applied sequentially. If two horses are withdrawn with deductions of 25p and 15p respectively, the total deduction is not 40p. The first deduction of 25p is applied, and then the second deduction of 15p is applied to the remaining 75p. The combined deduction is 25p + (15p × 0.75) = 36.25p in the £.

In extreme cases — such as a Cheltenham race where the first two in the market are withdrawn on the morning — the combined deduction can exceed 50p. This effectively halves your winnings even on a successful bet. If you see multiple late withdrawals in a race, recalculate your expected return before deciding whether the bet still holds value.

Rule 4 deductions are one of the hidden costs of betting that most punters never account for. Over a season, they erode returns systematically — particularly on days with changeable weather when going-related withdrawals are common. The solution is simple: where possible, bet as close to the off as you can. Bets placed at SP (Starting Price) are never subject to Rule 4 because the SP is calculated after all withdrawals. The trade-off is that you lose the ability to take an early price — but on days when non-runners are likely, SP is the safer option.

For the full picture on what happens when horses are withdrawn, see Non-Runner Rules Explained. For how deductions interact with each-way bets, see Each-Way Betting Explained.