Saturday, November 27, 2010

A Guide To The Types of Bet Available From The Bookmakers

Have you ever wondered just how many different kinds of bet there are? There are so many, it's hard to imagine that anyone could ever go through them all... so, this is my guide to the various types of bet that you can place - whether it be on the football, the horse racing or even the Finnish ice hockey!



1. Simple "to win" bet



Called simple, because it's simple. You place a "to win" bet at odds of, say, 3/1, and you'll get three times your stake plus your stake back. You may have bet on decimal odds, in which case it would have been 4.0. There are simple bets that you cannot lose, for example, the Betclic free bet, which returns your stake if your first bet loses. However, there are not many available.



2. Each-way



This is actually two bets - so when you place £1 each-way, you're actually placing £2. So be careful. In this case, you're backing a horse to come in the top 3 (or the top 4 if there are many horses in the field). £1 of your £2 bet is to win, and the other is the place bet (top 3), so if you win, you will get greater returns.



3. Doubles / Triples / Accumulators



Many people like to place accumulators on the football matches at the weekend - and the returns can be astronomical. It's like playing the lottery, but with football results providing the random element. Let's take as an example five matches, three of them are EVENS, and two of them are 2/1 for the teams we think will win. If we place $1 on ALL FIVE results to come in, then the calculation goes like this: Match 1 at EVENS = $2. The $2 winnings becomes the stake for the next match, at EVENS, which becomes $4. That then doubles to $8 for the next winner at EVENS, and then we have $16 of winnings for the first 2/1 match, which becomes $24 - and then $24 becomes $48 plus the $24, which is $72. For a $1 bet.



Remember that the actual odds of all five results coming in are actually 72/1, so it's not a bet for the sensible gambler - more for the sensible lottery player who realises the odds are somewhat better than playing the lotto!



4. Reverse forecast / Straight forecast



If you have found two horses that you think are head and shoulders above the rest, then you could try a reverse forecast - this is when you specify to the bookmaker that they will finish first, in any order. This, remember, is two bets, so be careful when placing your bet, you could be placing more than you wanted to.



A straight forecast is when you specify the exact order of the horses, and this, if it comes in, will obviously bring greater returns.



So, if you're going to place some new bets this week, why not give some of these a go?





The author writes for Free Bet Bookmaker, the web's leading resource for free bet offers and promotions, including this Betclic free bet





Source: http://www.submityourarticle.com/



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