Post by Admin on Aug 12, 2013 22:07:38 GMT 1
As we have a lot of new members joining we thought it would be a good idea to give you a list of all the bets you can do and if we've missed any let us know.
Win bet single
A single bet placed on a selection whereby the selection has to win in order for you to win money.
Each way bet
Similar to a win bet only in this case you are covering yourself if your selection gets placed i.e comes 2nd, 3rd or in bigger races 4th & 5th, When placing an each way bet you have to put down double what you want to bet, so if you want to bet a 7/1 horse £5 each way you will have to pay £10 in total. If your selection wins the race you will get the £5 win at 7/1 and also the place which will be either 1/4 of the odds or a 1/5 of the odds, if your selection places you lose the £5 win bet but will get the place bet again either 1/4 of the odds or 1/5.
Forecasts
Forecasts are bets on a single event that require the correct forecasting of the finishing order of (usually) the first two or three finishers in the event. Returns on correctly predicted finishing orders are calculated by industry sources via computer software that uses the starting price of all participants in the event, and are usually declared to a £1 stake unit on (mainly) horse and greyhound races
Straight Forecast
A straight forecast (SF) or computer straight forecast (CSF) is a bet requiring the naming of two selections a and b to finish 1st and 2nd in the correct order in a specified event. Requires a single unit stake. Usually declared on horse and greyhound races of three or more runners. Equivalent to the USA exacta or perfecta, or the Canadian exactor
Reversed Forecast
A reversed forecast (RF) is a bet requiring the naming of two selections to finish 1st and 2nd in either order in a specified event. It is the same as two straight forecasts on selections a and b: a 1st, b 2nd and b 1st, a 2nd. Requires two unit stakes. Equivalent to a "boxed" exacta/perfecta in North America, where the quinella is a similar wager that requires only one unit stake
Combination Forecast
A combination forecast is a bet on three or more named selections in order to choose two of the selections to finish 1st and 2nd in the correct order in a specified event. It is the same as the number of straight forecasts on selections a, b ... n given by the formula n(n − 1) and therefore requires this number of unit stakes. E.g. 3 selections - 6 bets; 4 selections - 12 bets; 5 selections - 20 bets; etc. Equivalent to boxing an exacta/perfecta with more than two runners in North America
Tricast
A tricast is a bet requiring the choosing of three named selections a, b and c to finish 1st, 2nd and 3rd in the correct order in a specified event. Requires a single unit stake. Accepted on horse races where 8 or more horses are declared and at least 6 run, and on greyhound races of 5 or more runners that form part of the bookmakers' main service. In North America, this bet is known as the trifecta (USA) or triactor (Canada)
Combination Tricast
A combination tricast is a bet on three or more named selections in order to choose three selections to finish 1st, 2nd and 3rd in the correct order in a specified event. Requires multiple unit stakes given by n(n − 1) (n − 2) where n is the number of selections. E.g. 3 selections, 6 bets; 4 selections, 24 bets; 5 selections, 60 bets; etc. In North America, this is a "boxed" trifecta
Multi bets
Multi bets consist of Doubles, Trebles and Accumulators and are placed in the same way as the above bets i.e you can have win multiples or ew multiples, if you do a win multiple then all the selections have to win in order for you to win, if you do an ew multiple bet and some of your selections win and some place you will only be paid the place part of the bet. There are different kinds of multiple bets where this differs but I will explain later.
Doubles
A bet on two selections; both of which must win to gain a return
Trebles
A bet on three selections; all three of which must win to gain a return
Accumulator
A bet on four or more selections; all of which must win to gain a return. Accumulators are often named after the number of selections they contain - thus we can get a fourfold, fivefold or sixfold accumulator (or even higher)
Full cover
A set of multiple bets which cover the doubles, trebles and accumulator against a set number of selections. These bets are Trixie, Yankee, Canadian or Super Yankee, Heinz, Super Heinz and Goliath.
Trixie
A bet on three selections and consisting of four separate bets: 3 doubles and a treble. A minimum two selections must win to gain a return
Yankee
A bet on four selections and consisting of 11 separate bets: 6 doubles, 4 trebles and a fourfold accumulator. A minimum two selections must win to gain a return
Canadian or Super Yankee
A bet on five selections and consisting of 26 separate bets: 10 doubles, 10 trebles, 5 fourfolds and a fivefold accumulator. A minimum two selections must win to gain a return
Heinz
A bet on six selections and consisting of 57 separate bets: 15 doubles, 20 trebles, 15 fourfolds, 6 fivefolds and a sixfold accumulator. A minimum two selections must win to gain a return. It is named for the '57 varieties' advertising slogan of the H. J. Heinz Company
Super Heinz
A bet on seven selections and consisting of 120 separate bets: 21 doubles, 35 trebles, 35 fourfolds, 21 fivefolds, 7 sixfolds and a sevenfold accumulator. A minimum two selections must win to gain a return
Goliath
A bet on eight selections and consisting of 247 separate bets: 28 doubles, 56 trebles, 70 fourfolds, 56 fivefolds, 28 sixfolds, 8 sevenfolds and an eightfold accumulator. A minimum two selections must win to gain a return
Full cover with singles
Patent
A bet on three selections and consisting of 7 separate bets: 3 singles, 3 doubles and a treble. Equivalent to a Trixie plus 3 singles. One winning selection will guarantee a return
Lucky 15
A bet on four selections and consisting of 15 separate bets: 4 singles, 6 doubles, 4 trebles and a fourfold accumulator. Equivalent to a Yankee plus 4 singles. One winning selection will guarantee a return. The 'Lucky' part of the name of this and other similar bets comes from the bookmaker's practice of offering bonuses for one or more winners; usually including 'double the odds' for only one winning selection
Lucky 31
A bet on five selections and consisting of 31 separate bets: 5 singles, 10 doubles, 10 trebles, 5 fourfolds and a fivefold accumulator. Equivalent to a Canadian plus 5 singles. One winning selection will guarantee a return
Lucky 63
A bet on six selections and consisting of 63 separate bets: 6 singles, 15 doubles, 20 trebles, 15 fourfolds, 6 fivefolds and a sixfold accumulator. One winning selection will guarantee a return
Alphabet
A bet consisting of six selections - 1, 2, 3, 4, 5, and 6, usually on horse racing or greyhound racing. Selections 1, 2, and 3 form a patent, as described above. Selections 4, 5, and 6 form a second patent. Selections 2, 3, 4, and 5 form a Yankee, as described above. Selections 1, 2, 3, 4, 5, and 6 form a sixfold accumulator, as described above. The total number of bets in an alphabet is therefore 26 [2 patents at 7 bets each, plus 1 yankee at 11 bets, and one accumulator at one bet - (7+7+11+1=26)]. At least one correct selection guarantees a return
Up and Down
A bet on two selections and consisting of two single bets. If one selection wins then the original stake is placed as an additional single bet on the second selection. If both selections win each original stake is placed as a single on the other selection: in effect giving twice the winnings for just two stake units. The downside of only one winning selection is that both original stakes are lost
Round Robin
3 selections,10 bets 3 doubles 1 treble and 6 up and down singles,where if horse a wins the stake from your winnings goes on to horse b and c and vice versa
Flag
4 selections and consisting of 23 separate bets: 6 doubles, 4 trebles, 1 fourfold and 6 up-and-down bets. It may be considered to be a Yankee to which 6 up-and-down bets have been added. One winning selection will guarantee a return
Super Flag
5 selections and consisting of 46 separate bets: 10 doubles, 10 trebles, 5 fourfolds, 1 fivefold and 10 up-and-down bets. It may be considered to be a Canadian to which 10 up-and-down bets have been added. One winning selection will guarantee a return
Win bet single
A single bet placed on a selection whereby the selection has to win in order for you to win money.
Each way bet
Similar to a win bet only in this case you are covering yourself if your selection gets placed i.e comes 2nd, 3rd or in bigger races 4th & 5th, When placing an each way bet you have to put down double what you want to bet, so if you want to bet a 7/1 horse £5 each way you will have to pay £10 in total. If your selection wins the race you will get the £5 win at 7/1 and also the place which will be either 1/4 of the odds or a 1/5 of the odds, if your selection places you lose the £5 win bet but will get the place bet again either 1/4 of the odds or 1/5.
Forecasts
Forecasts are bets on a single event that require the correct forecasting of the finishing order of (usually) the first two or three finishers in the event. Returns on correctly predicted finishing orders are calculated by industry sources via computer software that uses the starting price of all participants in the event, and are usually declared to a £1 stake unit on (mainly) horse and greyhound races
Straight Forecast
A straight forecast (SF) or computer straight forecast (CSF) is a bet requiring the naming of two selections a and b to finish 1st and 2nd in the correct order in a specified event. Requires a single unit stake. Usually declared on horse and greyhound races of three or more runners. Equivalent to the USA exacta or perfecta, or the Canadian exactor
Reversed Forecast
A reversed forecast (RF) is a bet requiring the naming of two selections to finish 1st and 2nd in either order in a specified event. It is the same as two straight forecasts on selections a and b: a 1st, b 2nd and b 1st, a 2nd. Requires two unit stakes. Equivalent to a "boxed" exacta/perfecta in North America, where the quinella is a similar wager that requires only one unit stake
Combination Forecast
A combination forecast is a bet on three or more named selections in order to choose two of the selections to finish 1st and 2nd in the correct order in a specified event. It is the same as the number of straight forecasts on selections a, b ... n given by the formula n(n − 1) and therefore requires this number of unit stakes. E.g. 3 selections - 6 bets; 4 selections - 12 bets; 5 selections - 20 bets; etc. Equivalent to boxing an exacta/perfecta with more than two runners in North America
Tricast
A tricast is a bet requiring the choosing of three named selections a, b and c to finish 1st, 2nd and 3rd in the correct order in a specified event. Requires a single unit stake. Accepted on horse races where 8 or more horses are declared and at least 6 run, and on greyhound races of 5 or more runners that form part of the bookmakers' main service. In North America, this bet is known as the trifecta (USA) or triactor (Canada)
Combination Tricast
A combination tricast is a bet on three or more named selections in order to choose three selections to finish 1st, 2nd and 3rd in the correct order in a specified event. Requires multiple unit stakes given by n(n − 1) (n − 2) where n is the number of selections. E.g. 3 selections, 6 bets; 4 selections, 24 bets; 5 selections, 60 bets; etc. In North America, this is a "boxed" trifecta
Multi bets
Multi bets consist of Doubles, Trebles and Accumulators and are placed in the same way as the above bets i.e you can have win multiples or ew multiples, if you do a win multiple then all the selections have to win in order for you to win, if you do an ew multiple bet and some of your selections win and some place you will only be paid the place part of the bet. There are different kinds of multiple bets where this differs but I will explain later.
Doubles
A bet on two selections; both of which must win to gain a return
Trebles
A bet on three selections; all three of which must win to gain a return
Accumulator
A bet on four or more selections; all of which must win to gain a return. Accumulators are often named after the number of selections they contain - thus we can get a fourfold, fivefold or sixfold accumulator (or even higher)
Full cover
A set of multiple bets which cover the doubles, trebles and accumulator against a set number of selections. These bets are Trixie, Yankee, Canadian or Super Yankee, Heinz, Super Heinz and Goliath.
Trixie
A bet on three selections and consisting of four separate bets: 3 doubles and a treble. A minimum two selections must win to gain a return
Yankee
A bet on four selections and consisting of 11 separate bets: 6 doubles, 4 trebles and a fourfold accumulator. A minimum two selections must win to gain a return
Canadian or Super Yankee
A bet on five selections and consisting of 26 separate bets: 10 doubles, 10 trebles, 5 fourfolds and a fivefold accumulator. A minimum two selections must win to gain a return
Heinz
A bet on six selections and consisting of 57 separate bets: 15 doubles, 20 trebles, 15 fourfolds, 6 fivefolds and a sixfold accumulator. A minimum two selections must win to gain a return. It is named for the '57 varieties' advertising slogan of the H. J. Heinz Company
Super Heinz
A bet on seven selections and consisting of 120 separate bets: 21 doubles, 35 trebles, 35 fourfolds, 21 fivefolds, 7 sixfolds and a sevenfold accumulator. A minimum two selections must win to gain a return
Goliath
A bet on eight selections and consisting of 247 separate bets: 28 doubles, 56 trebles, 70 fourfolds, 56 fivefolds, 28 sixfolds, 8 sevenfolds and an eightfold accumulator. A minimum two selections must win to gain a return
Full cover with singles
Patent
A bet on three selections and consisting of 7 separate bets: 3 singles, 3 doubles and a treble. Equivalent to a Trixie plus 3 singles. One winning selection will guarantee a return
Lucky 15
A bet on four selections and consisting of 15 separate bets: 4 singles, 6 doubles, 4 trebles and a fourfold accumulator. Equivalent to a Yankee plus 4 singles. One winning selection will guarantee a return. The 'Lucky' part of the name of this and other similar bets comes from the bookmaker's practice of offering bonuses for one or more winners; usually including 'double the odds' for only one winning selection
Lucky 31
A bet on five selections and consisting of 31 separate bets: 5 singles, 10 doubles, 10 trebles, 5 fourfolds and a fivefold accumulator. Equivalent to a Canadian plus 5 singles. One winning selection will guarantee a return
Lucky 63
A bet on six selections and consisting of 63 separate bets: 6 singles, 15 doubles, 20 trebles, 15 fourfolds, 6 fivefolds and a sixfold accumulator. One winning selection will guarantee a return
Alphabet
A bet consisting of six selections - 1, 2, 3, 4, 5, and 6, usually on horse racing or greyhound racing. Selections 1, 2, and 3 form a patent, as described above. Selections 4, 5, and 6 form a second patent. Selections 2, 3, 4, and 5 form a Yankee, as described above. Selections 1, 2, 3, 4, 5, and 6 form a sixfold accumulator, as described above. The total number of bets in an alphabet is therefore 26 [2 patents at 7 bets each, plus 1 yankee at 11 bets, and one accumulator at one bet - (7+7+11+1=26)]. At least one correct selection guarantees a return
Up and Down
A bet on two selections and consisting of two single bets. If one selection wins then the original stake is placed as an additional single bet on the second selection. If both selections win each original stake is placed as a single on the other selection: in effect giving twice the winnings for just two stake units. The downside of only one winning selection is that both original stakes are lost
Round Robin
3 selections,10 bets 3 doubles 1 treble and 6 up and down singles,where if horse a wins the stake from your winnings goes on to horse b and c and vice versa
Flag
4 selections and consisting of 23 separate bets: 6 doubles, 4 trebles, 1 fourfold and 6 up-and-down bets. It may be considered to be a Yankee to which 6 up-and-down bets have been added. One winning selection will guarantee a return
Super Flag
5 selections and consisting of 46 separate bets: 10 doubles, 10 trebles, 5 fourfolds, 1 fivefold and 10 up-and-down bets. It may be considered to be a Canadian to which 10 up-and-down bets have been added. One winning selection will guarantee a return
