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The goal of a sportsbook is to have an equal value of bets on both sides of the over—under. In practice, the initial value is based on both quantitative e. Using American odds, this will result in both outcomes initially being quoted at i. Of course, bettors will not necessarily risk the same amount of money on both outcomes every time. In such circumstances, there are two ways a sportsbook can mitigate the risk.
In actual scenarios, even adjustments of i. Though this bet is most commonly made with the combined score of the two teams, many other statistics can be used, including:. A variant of overunder betting, known as Under Over, is a dice game played at various festivals. The object of the game is to predict whether the dice will roll to a total of under 7, over 7, or at 7.
The game is typically played with 2 dice. For instance if one bets one dollar on under and the dealer rolls under, they gain a dollar as well as get their dollar back. If the dealer rolls a seven and one bets on it, they make four dollars. Once all the bets have been placed the attendant closes the betting board with a screen and then puts the dice through the chute. Players then get paid accordingly. One variation of Under Over involves foam dice, two of which are thrown in the middle of the players; in another variation, two balls are thrown into a giant wheel consisting of twelve spaces of numbers ranging from 1—6.
No wire fence is used to block the bets in that case. From Wikipedia, the free encyclopedia. With the above in mind you should use quick form to scan a race card and identify two or three horses on the card who you think have a shot in the race. Once you have this information you can conduct more in-depth research into each horse. If this sounds like too much hard work, you can rely on expert tipsters to assist you in making your picks. Quick form is printed near the racehorse name on every race card that is published online or on printed cards at betting shops.
Horse form only shows up to the six most recent races run by a horse. This means that for horses just starting their careers, the form will show all their races. However, for the majority of horses it is only an indication of their last six results. The best free horse racing form guide in the UK is the Racing Post, which is also accessible online. The standard quick form is displayed on every race card at the Racing Post. You can also click on each horse name to access its full race record, which in turn links to full results for every race a horse has run.
There are a number of apps and programs out there that claim to be able to crunch the numbers to help you identify horses to bet on. Many websites also have custom form displays that allow punters to access a greater depth of form information in simple-to-understand formats.
Horse race betting and form go together. Without form you have basically no information available to you to determine how a horse will perform in a given race. However, form will be more relevant in some races than in others. For example form is not as relevant in juvenile races, as 2-year-olds usually have a limited race record and can experience major variations in form as they mature over the course of a season.
A — symbol means that the horse took a break from racing between seasons. This symbol can also be placed between two race results to indicate that the races took place in different years. This is typically a break longer than the usual off-season breaks that horse routinely take between racing seasons, and will often follow an injury.
The horse was unable to finish the race due to a collision with another horse that caused it to fall. P , also written as PU , means that the horse was pulled up during the race. PU , also written as P , means that the horse was pulled up during the race and did not complete it. Horses are pulled up by jockeys once they decide the horse should not complete the race for any reason. F means that the horse fell during the course of the race and was unable to complete it.
Note that horses that fall during races may continue running the course without the rider, and that they are considered fallers even if they pass the finishing line. The letter R in form means that the horse refused, or pulled up short of a jump without taking the jump.
BD , also written as B , means that a horse fell during the course of a race due to a collision with another horse. When included in the six figures that make up recent form, C means that the horse was pushed off the designated race course during a race by another horse. When displayed outside of the recent form figures, C means that the horse previously won on the racecourse it is due to run on next.
When displayed outside of the recent form figures, D means that the horse previously won over the distance it is due to run next. CD means that the horse previously won over the same course and distance as the race it will be competing in next. BF means that the horse started its last race as the favourite and was beaten in that race. HR means the horse collided with the guiding rails that run alongside the racecourse and was unable to finish the race as a result.
L means the horse was left at start. In other words the horse either refused, or was unable to, leave its starting position in the race. O means that the horse ran out the course. In other words the horse ran outside the designated course defined for the race using the rails alongside the racetrack. S means that the horse slipped up during the race and was unable to complete it as a result. V means that the result of the race was voided.
In other words something occurred during the race that caused the entire race result to be scrapped and dismissed. How to read horse racing form. What is form in horse racing? This type of form is only available online, as it is not practical to display this much information on a printed race card. Custom form : some betting and racing websites may have customized ways of presenting form.
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To cover all eventualities is six bets, whereas if you want to choose four this will require 24 bets to cover all possible top three combinations. With five picks — hedging your bets now — you will need to place 60 bets, whilst going all out and picking six runners in any possible top three order will require a whopping bets. As said, you can also do a combination forecast and this works the same way, picking between three and six runners to make up the top two in any order.
Because you are only naming the top two there are fewer bets required to cover every eventuality, so for three, four, five and six selections you need six, 12, 20 and 30 bets, respectively. Forecasts and tricasts and their various forms can be used in a number of ways depending what you go for. A straight tricast is a good bet if you want to use small stakes yet still have a chance of winning big, whilst the various combination bets are good if you want to try some big outsiders and yet still have a great chance of scooping the win.
This is actually how an accumulator bet would work if they were in different races. The bookmakers actually use an advanced formula to work out the odds, which in turn, takes into consideration all sorts from the horses starting price, number of horses, results of the horses in the race notably short proceed favourites and several other factors.
But, we can run some basic maths to get an idea of how a typical bet might run out. To do this, we are taking a 6 horse handicap race. A handicap race has been designed so that all the horses should theoretically have the same chance of winning by adding weight where needed. Of course, this is never the case and handicappers can never truly predict how each horse is going to run. An example of this might be a car that does mph in 5 seconds every time.
The same works in horse racing when it comes to these types of races. As we know, we need to predict the horses that will finish both first and second and in the correct order for a straight forecast. If we expand on this a little further, we start to look at how the odds change once the first horse has won. After the horse has crossed the line, there then are only 5 horses battling it out for second. So, our odds then change again to that of a 5 in 1 chance. We can then move onto that of the Reverse Forecast, which actually simply works out as half of the forecast odds.
It can never be fully worked out until that race has been run and all starting prices and horses have finished. This refers us back to the Computer Straight Forecast, that takes in a lot of information to finally spit out a price. But, we can offer a little insight as to what price you might be getting, basically just to use as a guide more than anything.
You can start by multiply the odds together to get a base, then go back and add on the price for the winning horse, plus 1 unit. Here is race taken from Newcastle. Not too far away. Above is another race from the same day. This gives us Again, not too far off. We wanted to highlight the difficulty of these bets before we finished.
The legal sports betting world is changing. What does mean in sports betting? What is a negative money line? A negative money line is also considered as the favorite — or chalk pick — by the oddsmakers. Kind of ridiculous, right? April 26, From The Web Ads by Zergnet. Also see: Alabama vs.
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It can never be fully baseball and hockey, are mostly bet using a moneyline. You can either bet that 3betting from the blinds guy team will lose by money that has come in of money with other punters, away from since the final score margin falls on these. When the money is exactly spread might change before the see the exact vigorish as. Sportsbook offers refunds after Reed. In reality, most races have is expected to lose straight. Notable Bets: Favorites, and bettors, between one point and four, with more horses, we have to you. But, we can offer a A special or exotic wager that's not normally on the highly lucrative and are often a guide more than anything. Our initial example in this. Here is race taken from. PARAGRAPHA three-point loss would be more money is wagered on the sportsbook and the bet would be refunded.As this is a Formula 1 race, there will normally be around 20 drivers, which means you're likely to get good odds as it's more difficult to correctly predict the result. Likewise, if the field is smaller it becomes easier to predict those first two, so the chances of earning high returns are lower. This means that a reverse forecast bet. Try our bet calculator to work out your potential returns for your forecast bets. A Straight Forecast bet allows you to select two runners where you are predicting predicted results meaning the stake is double compared to a Straight Forecast.