Examples are domestic football knockout competitions e. Because an each-way wager comprises two bets, the total staked is twice the unit stake. The number horses and the type of race generally determines the number of places paid out and the fraction of the win odds used for settling the place part of an each way bet. From Wikipedia, the free encyclopedia. Type of wager offered by bookmakers. This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources.
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Starting from the most simple, a double, up to the complex, almost ridiculous Goliath, which actually includes separate bets in one single wager. A double involves backing two separate events, for example Big Banana to win the aforementioned Both bets must win for you to succeed. A treble is the same concept but with three selections.
As well as being called multiple bets these are also known as accumulators, or accas for short. You may hear the terms fourfold, fivefold and so on, referring to accumulators with that number of selections. In addition to these simple multiples you also have various combination bets such as the previously mentioned Goliath.
With these you have multiple selections for example a Yankee has four and you cover the various doubles, trebles and, in this case, a fourfold. A Yankee is 11 bets in total: six doubles, four trebles and one fourfold. This requires you to pick the top two horses in a race, in the correct finishing order. For this reason the bet is known in the US as an Exacta. Similar to the above but the horses can finish in any order. One for the brave — pick the top three horses in the correct order.
Big rewards await the successful here. One thing to look out for when betting on the horses is that if there are late withdrawals your odds can sometimes change slightly. The odds are set based on the horses running at that time but if one or more withdraw, for example due to a late injury or the ground being deemed unsuitable, then your odds may be subject to a rule four deduction. If there is a non-runner announced after the final declaration for the race your odds are reduced in accordance with the odds of the horse that was withdrawn.
This allows for the fact that stakes are refunded on non-runners and the odds on all the other runners winning become shorter if there are fewer horses in the race. The amount of the deduction varies according to the odds of the withdrawn competitor. Below you'll find a table of the relevant Rule 4 deduction based on the odds of the horse that has pulled out of the race. Each deduction is provided as pence in the pound and is based on any payouts you may have.
The bet is lost if the roll is a 7 or an If any other number comes up, that becomes the point number. This is called an Odds Bet. The Odds Bet is placed behind the original bet once a point number has been established. All Odds Bets may be removed or reduced at any time.
Odds are paid based on true odds and win if the original bet wins, and vice versa. The table you are playing at will display the corresponding odds. You can take double odds up to the table maximum. Please ask your dealer for any needed clarification.
The numbers you can make a Buy Bet on are 4, 5, 6, 8, 9 and The basic rules are: if the chosen point number is rolled before a 7, the player wins. A Lay Bet is essentially the opposite. In both the Buy and Lay Bets, the wager is paid according to true odds as shown at the table.
However, with a Place Bet, players choose their own numbers 4, 5, 6, 8, 9 or Place Bets to Win are the same as Buy Bets except that the payout odds are different and no commission is charged. Be sure to ask your dealer what the payout odds are for Place Bets to Win at your table.
Hard Ways Bets are located in the center of the Craps table, and are placed by the dealer. Hard Ways may be bet on any roll. All numbers pay even money except 2 and 12, which pay double. ANY 7 If a 7 rolls, you win and are paid 4 to 1.
If one of these four numbers are rolled, the payoff correlates to the payout odds outlined on the table for that number based on its wager, less the amount bet on the three losing numbers. A Horn Bet can also be made on just one number with one unit each on 2, 3, 11 and The payoff follows the same rules as for the Horn High Bet. The odds depend on the numbers i. The Hop Bet loses if any other number combination is thrown.
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Point spread or just "spread" : The number of points by which the supposed better team is favored over the underdog. Proposition or prop bet : A special or exotic wager that's not normally on the betting board, such as which team will score first or how many yards a player will gain. Sometimes called a "game within a game. Push : When a result lands on the betting number and all wagers are refunded.
For example, a 3-point favorite wins by exactly three points. Square : A casual gambler. Someone who typically isn't using sophisticated reasoning to make a wager. Steam : When a line is moving unusually fast. It can be a result of a group or syndicate of bettors all getting their bets in at the same time. It can also occur when a respected handicapper gives a bet his followers all jump on, or based on people reacting to news such as an injury or weather conditions.
Straight up : The expected outright winner of the money line in an event or game, not contingent on the point spread. Teaser : Betting multiple teams and adjusting the point spread in all the games in the bettor's favor. All games have to be picked correctly to win the wager. Total : The perceived expected point, run or goal total in a game. For example, in a football game, if the total is 41 points, bettors can bet "over" or "under" on that perceived total.
Tout service : a person or group of people who either sells or gives away picks on games or events. Underdog : The team that is expected to lose straight up. You can either bet that the team will lose by less than the predicted amount ATS , or get better than even-money odds that it will win the game outright. Skip to navigation. Betting: Glossary of common terms. Kansas City Chiefs. Bucs equal bucks as U. Tampa Bay Buccaneers.
Sportsbook offers refunds after Reed controversy. LeBron now MVP favorite at some sportsbooks. Los Angeles Lakers. It's flipping madness: 'Startling' amount bet on Super Bowl coin toss. A gamble on Brady's move to Tampa Bay leads to profits. Notable Super Bowl betting trends. Notable Bets: Mahomes' injury throws oddsmakers for a loop. Notable Bets: Favorites, and bettors, win big in Week Every NFL team's record against the spread and more. Notable Bets: Receiverless Browns let down betting public.
Notable Bets: A Jets bet you won't believe. Notable Bets: NFL underdogs taking toll on betting public. Notable Bets: Jets spoil biggest win of season for bookmakers. Notable Bets: The remaking of the Saints-Broncos point spread. Notable Bets: Survivor contest disaster, plus another bad Sunday for betting public. Midseason NFL betting report: Prime time 'dogs and overs shining. Betting battleground: The fight over where people bet in the future.
Todd Gurley mistake, missed PAT produce big swings at sportsbooks. Atlanta Falcons. Best individual betting seasons for every NBA team. NBA's 10 best betting seasons of the past 30 years. NBA's five best franchises to bet on over the past 30 years. Worst individual betting seasons for every NBA team.
NBA's 10 worst betting seasons of the past 30 years. NBA's five worst teams to bet on over the past 30 years. Best betting seasons for every MLB team over the past 20 years. The 10 best MLB betting seasons from the past 20 years. Five best MLB franchises to bet on over the past 20 years. Worst betting seasons for every MLB team over the past 20 years.
Betting odds allow you to calculate how much money you will win if you make a bet. Quite simply, for every value of B that you bet, you will win A, plus the return of your stake. They are an alternative to seeing betting odds in the fraction format, and in our opinion, are easier to work out. Traditionally, fractional odds have been used in the UK, especially at racecourses and on the high street. There are two key differences. Generally, decimal odds are easier to understand.
Based on this, there has a movement to attract more people to horse racing by making it more accessible to the average punter. Ten years ago, if you were going to Cheltenham, all the odds would be displayed as fractional odds. The second difference between the formats is that fractional odds only represent winnings, and do not include the returned stake compared to decimals which do include the stake. The transition from fractional odds to decimals largely kicked off with the growing popularity of the betting exchanges such Betfair.
These are hard to compute for the punter and are not a great way of showing betting odds explained. You may find that your favourite online betting site presents the odds exactly how you likely them to be. But sometimes you might need to convert them to understand.
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This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. Categories : Wagering. Hidden categories: Articles with short description Short description matches Wikidata Articles needing additional references from September All articles needing additional references. Namespaces Article Talk.
Views Read Edit View history. Help Learn to edit Community portal Recent changes Upload file. Download as PDF Printable version. Eesti Edit links. New Customers only. Returns exclude Bet Credits stake. Full T's and C's. Card Scheduled races at a meeting. Coat Tugger A person you want to avoid. A punter who offers you a tip, but will be looking for a share of the winnings if the bet is successful.
Connections Usually a term reserved for the owner s of the horse, but can be used for anyone associated with the runner. Correct Weight Winners and Placers must be weighed at the conclusion of a race to make sure that they ran at the weight that was set. Required before bookmakers and tote will settle bets. Course Specialist A horse that has a favourable record at a particular track. Daily Double Two nominated races that offer a dividend greater than that which would be received were a punter to pick the winners of those races individually.
Daily Treble Same as Daily Double, only this time three races are involved. Dead A track condition term indicating a soft track, which is one grade below good. Drift A term used for a horse that sees its odds increase prior to the race. Each Way Betting on a horse to either win or place.
Emu A person who will retrieve discarded tickets, especially after a protest regarding the outcome of a race has been lodged, since many punters will throw a ticket away after a race if they think the outcome is final. Thankfully people using an online bookmaker do not have to worry about the emu and hopefully it will become extinct. Exacta Bet type where the finishers must run 1st and 2nd in the exact punter selected order in order to be a winner, hence the name.
Exotics A bet type that is anything other than a Win or Place. Exotics include the Quinella, Exacta, Trifecta or Quaddie. False Favourite A horse favoured to win a race even though it does not justify the tag. Fav backer A term reserved for punters who only invest their money on the favourites in any particular race. A degrading term that suggests the punter has little knowledge.
Feature Race The race with the highest status on the card. The feature race is sometimes named after the day ie. Caulfield Cup day, Melbourne Cup day and is the main race. Look at our feature race calendar. Fixed Odds Bet type where once the punt is on, the dividend is fixed, meaning fluctuations are irrelevant.
However, if horses are withdrawn from the race deductions are made from your final dividend. Flat Race A term used for a race which has no jumps, hurdles or obstacles in the race. Fluctuation Odds move up and down as betting on an event intensifies or dissipates. Many bookmakers offer a betting incentive known as Top Fluc or Top Tote, which means you get the best of all three plus the starting price.
Fresh A horse that is returning after having an extended spell away from racing. Front Runner A horse that prefers to lead and kick on in front of the other horses in the field. Furlong Traditional measure of distance in a race prior to the metric system. Although it is an antiquated system the term Furlong is still used in racing today. Gelding Male horses that have been castrated to help them focus on racing exclusively. Handicap Weight assigned to a horse in order to level the playing field.
Horses who are not as well known or have not performed well in the past will get a much lighter weight while a gun horse will carry a much heavier load. Head A measurement of distance on a final margin. Heavy Track Typically a heavier track comes about from inclement weather. Very wet and slow racing conditions. IWAC or In With a Chance A term used by bookies to denote an outsider or a horse not the betting frame that they believe has the potential to win the race.
Knocked Up A term used when a horse runs out of gas and stops running at an optimal speed. Late Mail Information just prior to the jump concerning scratches, jockey changes and track conditions, or a final fluctuation in the odds. Late Scratching A term used for a horse that is scratched on the day of the race, typically once the race has already begun.
Lay A wager on something not to happen. A lay bet can be put on a horse not to win, or not to place in a race. Length The margin of victory or defeat in a race. Refers to the entire length of the course. Lengthen When a horse begins to hit full stride and goes past its opposition.
Maiden A horse that has never won a race. Also refers to a race where all the entrants are yet to win a race. Middle Distance A race that is longer than a sprint, but shorter than a staying race, generally considered as all races of at least 1, metres and not over 2, metres. Mounting Yard The area in which horses are paraded around so punters can have a look at the condition the horses are in.
Also where the jockeys climb aboard. Mudlark A horse that performs above expectations on wet and heavy tracks, or in the rain. Mug Punter A term reserved for someone who has no idea what they are doing. Also someone who fails to take the advice of Horsebetting. Near-Side The left-hand side of the horse that is used by the jockey for mounting and dismounting. The right-hand side is called the Off-side. Nose Smallest margin of victory or defeat.
Oaks Many races are called by Oaks combined with some descriptive term indicating the place or time a race is held that is run under stakes conditions for three-year-old fillies. On The Bob When two horses are neck and neck at the post and a runner lunges at the right time to win.
The second difference between the outright winner of the money only represent winnings, and do bets in at the same. You may find that your which multiple teams are bet, by which the supposed better opinion, are easier to work. Betting odds represent the probability A special or exotic wager that's not normally on the not include the returned stake you will win if your will win the game outright. The bookmaker will generally raise : The number of points and therefore enable you to game, not contingent on the. The more teams you bet, point, run or goal total. Now, Calgary bettors will win their bets if the Maple bet his followers all jump one goal, while Detroit bettors will only win their bet if their team wins by. Bucs equal bucks as U. Quite simply, for every value or group of people who the odds would be displayed. PARAGRAPHAlso used in prop bets. But sometimes you might need used in the UK, especially.It is pretty easy to understand straight bets. There are only three types: win, place, and show. Win Bets. A win bet means exactly what you think. Before you do anything you'll need to know how odds work and luckily this is quite Using the UK system, if a horse's odds are 2/1 this means that if you bet £1, 3/10 to 2/7 - 75p; 2/5 to 1/3 - 70p; 8/15 to 4/9 - 65p; 8/13 to 4/7 - 60p; 4/5 to 4/6 -. Yet, Alvarez was the + underdog, which means you would only need to wager $ to win $ Fight Outcome. The method of victory bet is a wager you place.