Betting Racing Explained

If you bet £10 on Kai Havertz to score a goal at any given time in the match, you could win £24. A higher reward is implied if you try to be more specific. The same bet on Havertz to score the first goal of the match comes with the odds of 5.50, resulting in a £55 win.

In the case of three possible outcomes, as in soccer, a draw results in your stake being returned. Additionally, an asian handicap of 0 (AH0) is the same as Draw No Bet, as it also eliminates the option of a draw. A jackpot bet is a horse racing pool bet where punters attempt to pick the first six winners at a chosen race. The super flag bet is a five-selection wager that has 46 bets consisting of 10 trebles, five four-fold, 10 doubles, one five-fold and 10 up-and-down SSA pairs. An alphabet bet is a bet on six selections that have a total 26 bonuses

However, the many types of bets can be more intimidating. Knowing all the different varieties of bets doesn’t just give you more wagering options, it also enhances your chances of winning, because you know which bet to make when. It’s quite frustrating when you’re about to place a bet, to not even find the correct bet type on the bookmaker website.

Tricasts are available on Handicap horse races with eight or more runners, and featured greyhound race meetings. The difference with Asian handicap, is that the EH is always an integer number.

Single bets can be used on a favourite that will have low odds or can even be odds-on, or on outsiders with larger odds that can potentially pay out bigger winnings. Parlays can be tremendous fun, especially on an NFL Sunday or during the NCAA tournament. Parlays can be comprised of as few as two and as many as a dozen bets (depending on sportsbook policies), with the potential payout increased with each wager.

Since there are three possible outcomes for any soccer match, double chance is also a popular betting market. The same types of wagers can be seen across many different sports, although each sport also has a set of bets that are specific to it.

The main reason for handicapping is that the draw result is eliminated. (The two odds also move closer to 2.00, which can help even out your variance). A single stakes combine to produce two bets from two singles.

Below, you can find a list of some of the speciality bets that are available.

One of the most exciting props is which team will score the first touchdown. Horse racing is historically connected with betting, and, over the years, people have come up with all sorts of bets that you can take across a single or several subsequent races. The simplest of these bets is the win bet, where you’re simply guessing the winner of a race. Because it’s a low-scoring sport, you won’t see much attention given to over/under or handicap, but that consequently gives way to correct score betting. Some of soccer’s most commonly wagered on props include corner and card totals, as well as individual goalscorers. The live betting markets account for all markets that you can find pre-match, like money line, over/under, and double chance. However, they also feature a few exciting props, such as whether a goal will occur in the next ten minutes or who will win the next game in a tennis match.

Teasers are usually offered only on football and basketball. The amount a bettor can tease varies by sportsbook, typically between six and seven points maximum for football and four and seven points for basketball. Say Alabama is playing Missouri, and favored Alabama carries a moneyline of -500. That means a bettor must bet $500 to win $100 if the Tide prevails. That means a bettor collects $350 for every $100 wagered. In any moneyline bet, the minus sign is how much it will cost you to win $100, and the plus is how much you win with a $100 wager. A Treble is one bet on three selections from different events, all three of these must win for the bet to be successful.

If both Portugal and England win their matches in 90 minutes, then you will have a double bet winner. If either or both selections draw or lose, then your double bet will be unsuccessful. You place a single bet of £10 on England to beat Brazil at 2/1 in the full-time result market. If England beat Brazil over 90 minutes, then your single bet has won and you will be paid out your stake plus the winnings, which will be £30.

Useful Sports Betting Information

Another popular boxing and MMA bet is the number of rounds. You can guess the exact number of rounds or bet on the over/under. A bet specific to combat sports is the method of victory. In MMA, different methods of victory include a knockout, technical knockout, submission, decision, or forfeit.

bet types

Forecast Bets are still very popular with some punters, especially fans of horse racing and greyhound racing. They are one of the most popular bets in local betting shops and online, as they can pay out big dividends for a reasonably low initial stake. With the win bet you are betting on a result where your selection must win or else you lose your stake and your bet is a loser. Let’s look at some popular “win” bets from across different sports.

Set Budgets

Forecast wagers are those that select the horses to finish first and second in the same race in the correct order. Bettors can also opt for a reverse forecast bet, which allows either horse to finish first or second. Similarly, four-fold bets are those consisting of four individual selections. These could be applied to the same race or to multiple events, but must all be correct to receive a payout. If you have placed a double bet at each-way terms on, for example, two horses, then you will need both horses to win to be paid out the full winnings.

Bet Types – Betting Permutations

This is 15 bets of equal value on selections in four separate events. Corner bets – is a conditional bet for the number of corners in a match.

Over/under bets are typically placed on soccer and basketball games but are common in other sports as well. You bet on the total number of goals/points that will be scored in the match, no matter which team. In tennis you can bet on the total number of set or games that will be played before the match is over. A round-robin means the punter is actually making 10 bets from three selections which consist of three double bets, one treble, and three up-and-down single-stake bets.

British giant has been offering its sports betting services for more than 100 years already. Thanks to that the bookmaker gained itself a spot among the best top online bookmaker on the market. You can expect an excellent sports betting offer (especially for English football markets), generous welcome bonus, as well as quite an impressive live betting section. Basketball fans might also find it fascinating, as William Hill became the official partner of the NBA in 2019. From there, you’ll find a wide range of exotic bets that can further be divided into horizontal and vertical wagers. Horizontal wagers include daily double, pick 3, and pick 4, challenging you to guess the winners of two, three, or four consecutive races. Soccer is specific because it’s a sport where ties frequently occur, which is why it features a 3-way money line.

Betting predictions for France vs South Africa: Rugby World Cup tips and odds

Given the huge scale of international sport and the healthy competition between bookmakers there has never been a greater choice for punters in terms of the array of bets on offer. Licensed bookmakers also provide access to self-exclusion tools which can be used to lock bettors out of their accounts for days, weeks, months or even years at a time. Check out all the latest bookmaker offers and the best betting sites. Your stake will be multiplied by 247, and you need a minimum of two successful selections for a return.

Futures are long-term bets through which you can guess the outcome of an entire competition or a season. For instance, you can bet for Milan to win the Serie A, and you can take this bet before or during the season. You can also guess who wins the next Wimbledon, The Masters, Cricket World Cup, Snooker World Championships, and other major sporting competitions. Parlays are very difficult to win on, but what makes them worthwhile is that the odds of all selections stack with each other, creating a potentially huge payout. We have also calculated some of the bets to show you how the potential winnings are calculated for some of the common bets. The examples above are just a few of the simple win bets, and we cover more advanced win bets on other areas of the site.

However, if one selection wins, then a double of the original stake is then placed on another single bet as the second selection. Full Cover Bets with singles are very popular bets with punters, and we covered a few above including the Lucky 15, Lucky 31 and the Lucky 63.But these are not the only types of bets including singles. There is a more advanced type of bet called a “Flag Bet” which is for more advanced punters. In rugby you can back a team to win or lose by over or under a specific number of points or in darts a player to win by a certain margin of legs.

Here are some of the most common bets amongst popular UK sports. If you take Bristol to win against Northampton in a rugby game with a 2-way spread of -7.5,  that means that Bristol needs to win by 8 or more points. Betting £10 on Bristol with odds of 1.36 (multiplier) results in a £11.36 payout (£1.36 profit). If they win by fewer points or lose the game, you’ll lose the bet. Alternatively, you can wager on Northampton to cover the spread of +7.5, meaning they’ll need to lose by fewer than 8 points or win the game outright. This is a more risky bet, but that’s exactly why the odds are higher. If you bet the same £10 on Northampton, you’ll receive a £32 payout.

Best betting offers for existing customers in October 2023

Vouchers can be bought either online or in a number of designated retail outlets such as petrol stations and corner shops. Spending limits are heavily restricted, but many users view this as a benefit of the service due to its inherent money management perks. The one major downside is that most betting sites don’t support Paysafecard withdrawals. Double bets are those made up of two individual selections – both selections must be correct for the overall bet to win. If both horses place, you will lose the win part but your place part will be successful, winning you £27. If your horse was just to place, then you would win £19, including the £10 stake, as your place bet would be successful. If the horse was to win, you would win the full £74, including the £20 stake, as your win and place bets would both be successful.

In matches where there is a difference in strength between the two teams, a handicap is placed on the underdog, to even out the match. The term “win” is used almost everywhere, while “moneyline” is mostly used in the United States and a few other regions.

The same stake on Juventus would result in a win of £65 (6.50 multiplier x £10 wager), while a draw would lead to a win of £40 (4.00 multiplier x £10 wager). Today, it is possible to bet on sports in a variety of ways. The most popular type of bet in the UK is the money line, but bookies offer bets on all sorts of different markets, including point spreads, totals, futures, and various props.

More types of horse racing bets come in the form of a yankee bet. This is 11 bets of equal value on selections in four separate events, such as six doubles, four trebles and one four-fold. The bookmaker will specify where your horse needs to finish in order to qualify for an each way payout, but it’s typically in the top three places. Thanks to online bookmakers, it can be possible to place bets on races from all around the world, not just in the UK. What is more intriguing, though, is that bet types differ between jurisdictions. Online horse racing betting does not always conform to such boundaries, however, so the following is a list of bet types from not just the UK, but from all over the world. You won’t find every bet at every bookmaker, but you will know what each bet entails.

One of the most popular bet types and is offered in various sports. This market simply means betting on a specific team to win a game, match or other event. Money line is the most basic of all bets and the most popular type of bet among UK punters.

A Heinz bet is 57 bets involving six selections on different events – 15 doubles, 20 trebles, 15 four-fold accumulators, six five-fold accumulators and one six-fold accumulator. Your stake will be multiplied by 57, and you need a minimum of two successful selections for a return.

The many other types of horse bets are designed to make things more interesting, and to generate greater potential returns on successful wagers. A double bet, therefore, is a bet on two outcomes in total; for example, one horse to win one race, and another horse to win another race. Naturally, the odds on the double bet will be longer, because it’s less likely that both horses will win compared to just one. A single bet is one that you are betting on a single outcome of a certain event and is perhaps the most used and easiest type of bet to understand for punters. Punters place a bet on a market such as a horse to win a race or a football team to win a match and if the selection wins, the bookie will pay out the winnings. If the selection loses, the bookmaker will keep the stake. Your stake will be multiplied by 26, and you need a minimum of two of your selection to be successful to win the bet.

It’s an incredibly difficult bet to pull off, but you can still win some decent returns without all of your selections coming through. Like a Trixie, a Patent follows the same formula but is seven bets on three different selections – three singles, three doubles and a treble. Your stake will be multiplied by seven, and you need one of your selections to be successful to win the bet. Different types of horse racing bets ultimately mean there are many ways in which you can get a profit, but the best way to make a high return is through multiple bets, as you’re then backing multiple bets.