Three equal win, place and show bets on a horse in a race, hence this bet also is known as Win Place Show. A $2 bet across the board would cost. Each way means you back the horse to win AND to finish in the paid places (usually 2nd to 4th depending on the type of race) and your stake is split on those. The racetrack handles the money, keeps a percentage (called a “take-out”) and calculates the horses' odds based on the amount of money wagered on each horse. HOW TO TAX DAY TRADING CRYPTOCURRENCY
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MELBOURNE CUP 2022 BETTING RESULTS
While the vocabulary used by those familiar with betting terminology may be difficult to understand at times, we are here to help you decipher the weird and wonderful world of betting jargon. The most common betting terms are explained below. You may also find our horse racing terminology , types of bets and how to bet pages useful. A Accumulator A bet on more than four horses. The winnings from one selection rolls on to the next. Ante post Betting on a horse in advance of the declarations.
B To bet on a horse. Banker A horse considered to have a very good chance of winning. Betting Exchange Punters bet against each other rather than against the bookmaker. Betfair is the most famous betting exchange. Betting In Running Betting on horses during the live race. C Canadian Fancy five horses in different races? The Canadian is a multiple bet comprising 26 bets in total - 10 doubles, 10 trebles, 5 fourfolds and a fivefold. Cash out Taking a payout before a bet has been completed - offered by the bookmaker.
This term is most synonymous with the Tote. Double A multiple bet comprising two selections in two different races - both horses must win to yield a return. Dutch Placing a bet on two or more horses in a race at shorter odds. E Each-way Placing a bet on a horse to win and place. Half of the bet is to win and half the bet is to be placed. Evens A bet placed at F The shortest-priced horse in a race.
Fold The fold is the number of selections in one accumulator. You have a higher chance of a pay-out because the horse can finish 1st, 2nd, or 3rd rather than having to finish 1st for you to make some money. However, because the chance of you getting a pay-out is higher, the amount you will be paid is lower as the bookmaker is taking more of a risk by accepting the bet.
Nap This is a term the bookies use to signify the bet they are the most confident about. Accumulator An accumulator is a type of bet. It involves betting on several races at the same time. This is quite a risky bet but if all your horses win, the pay-out can be a lot bigger. Betfred Cheltenham betting offers some great accumulation betting odds such as a double, treble, fourfold, and even a fivefold bet.
A forecast is when you bet on the horses that will come first and second and a tricast means that you are betting on 1st, 2nd, and 3rd place. This is quite a risk, but if you get it right, your winnings will be bigger. You can reduce the risk by betting on three horses to come 1st, 2nd, and 3rd but not specifying what order they will come in. This is called a reverse forecast or a combination tricast.
Ante-post This means that the bets are placed before the race day. Placepot This is when you bet on a horse to place in the first six races. You are paid out your share of a pool of money so it depends on how many other people bet as to how large your winnings will be. Hopefully, this guide has helped you to understand all the important betting terms.
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