Betting terms each way magic
They both have to win their race for you to successfully win your bet. Double dividends are calculated by the amount of total money in the pool at race end. A dividend is then declared after the race is run. Running Double Bet The Running Double requires you to correctly select the winners of any two consecutive races at the one race meeting e. Race 2 winner and Race 3 winner. Running doubles are available across the board and can often through up a good dividend if you think outside the box.
Treble Bet A Treble involves picking the winner of three separate races. The first bet returns are rolled over to the second bet, then the second bet returns are rolled over to the third bet. Each of the three selections must win for your bet to be successful. Selecting three winners can accumulate into a large dividend if bet with value in mind.
All three bets have to win for your bet to be successful. An All Up allows you to select one or more runners to win or place on different races and all of your selections are required to be successful for the All Up to win. The payout is worked out by multiplying your initial stake amount by the odds for each of your selections.
Assuming all runners win Most bookies allow you to have all up bets over different meetings across different race codes, including Harness racing and Greyhounds. Parlay Betting Another form of Multi-bet is the Parlay, which is a set number of combinations where all are required to win for you to be successful. Each Parlay has a set number of legs but when you select a Parlay, you are choosing all possible combinations of Multi-bets for that number of legs.
In addition, some Parlays also include single bets on each selection or leg. The key advantage of a Parlay over a standard multi is that if some of your legs are successful, then you will still win a dividend based upon the amount of successful combinations you chose. It allows you to pick multiple runners to Win, or finish within the Top 2, 3 or 4 in a race The Same Race Multi bet affords you greater flexibility with your betting, No longer do you have to finish in the top 3 to receive a return on your bet.
We recommend online bookmaker Unibet for betting online. In Conclusion Whatever your bet choice, always remember to gamble responsibly and never bet more than you can afford to lose. The following horse racing info explains more about betting on Australian thoroughbred racing. Bet Types There are many different types of horse racing bets that you can choose from. The number of options make wagering on the horses more enjoyable to horse racing fans, although the range in bet types and even just the name of some bets can seem confusing to a beginner.
However, the objective of each bet type remains the same, money is placed on a horse or horses to finish in a specified position and if the outcome is what you predicted then you win. The amount of winnings depends how much was staked and the odds the bet was taken at. Punters that are new to horse racing will usually stick to the most basic bet types. These bets usually involve making just one selection.
What is a single bet? In this situation you can back the horse to place. What is a place bet? By making a place bet there is a greater chance that you will be successful however the odds for a horse to place are lower and therefore the pay out will be less than if you had backed the horse to win. Punters could also choose a bet type which gives them the opportunity of a large pay out from a win bet and the security of a place bet.
What is each way bet? As you become better at picking winning horses then you may want to try a more complex bet. What is a Straight Forecast? What is a Reversed Forecast? To increase your chances of success even more you can choose more than one selection for first and second place. What is a Combination Forecast? Here you may have 3 or more selections and will need two of them to fill the first two places, in any given order.
Forecast bets are more challenging but the potential returns are also greater. For the chance to see even more value from your bet you can also select which horses will finish in the first three places in the race. What is a Tricast? What is a Combination Tricast? As well as betting on more than one runner in a race you can also select horses from different events. For example you could back one horse in a race at Doncaster and one in at a race at Ascot. What is a Multiple bet?
What is a Double bet? What is a Treble bet? What is an Accumulator? The stake and return from the first selection rolls on to the next, until the final bet is settled. Of course, a losing selection results in the accumulator being settled as losing bet. Some bettors prefer to have a combination of different bet types. What is a Trixie? To gain a return from this bet type, the bettor must successfully pick two winners, though three winners will see each of the four bets within the Trixie settled as winners What is a Patent bet?
In this bet you have three singles, three doubles and a treble, meaning just one winner is needed to lock-in a return. What is a Yankee bet? In this bet you will have six doubles, four trebles and a four-fold accumulator, meaning the bettor requires a minimum of two winning selections to gain a return.
What is a Canadian bet? What is a Heinz bet? The bets which make up this multiple bet are as follows; 15 doubles, 20 trebles, 15 four-fold accumulators, 6 five-fold accumulators and 1 six-fold accumulator. What is a Super Heinz bet? The bets within the Super Heinz are; 21 doubles, 35 trebles, 35 four-fold accumulators, 21 five-fold accumulators, 7 six-selection accumulators and 1 seven-fold accumulator.
What is a Goliath bet? The Goliath bet includes the following; 28 double bets, 56 treble bets, 70 four-fold accumulators, 56 five-fold accumulators, 28 six-fold accumulators, 8 seven-fold accumulators and 1 eight-selection accumulator. What is a Lucky 15? The Lucky 15 is made up of; 4 singles, 6 doubles, 4 trebles and 1 four-fold accumulator, and therefore the bettor requires just one winning selection to achieve a return.
What is a Lucky 31? What is a Lucky 63? The bets which make up this multiple bet are as follows; 6 singles, 15 doubles, 20 trebles, 15 four-fold accumulators, 6 five-fold accumulators and 1 six-fold accumulator. One winning selection in this bet type would lock-in a return, whilst 6 winners would lead to a generous return, as all 63 bets involved would be settled as winners. What is an Alphabet?
This bet type consists 2 Patents which make up 14 bets , 1 Yankee a further 11 bets and a six-fold accumulator 1 bet. What is a Round Robin? What is a Flag bet? What is a Super Flag bet? What is Arbitrage? Betting across multiple betting providers is crucial to this concept. What is In-Play Betting?
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