 The first Women 's Boat Race took place in 1927 , but did not become an annual fixture until the 1960s . Up until 2014 , the contest was conducted as part of the <unk> Boat Races , but as of the 2015 race , it is held on the River Thames , on the same day as the men 's main and reserve races . The reserve race , contested between Oxford 's Isis boat and Cambridge 's Goldie boat has been held since 1965 . It usually takes place on the <unk> , prior to the main Boat Race . 
