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Single
A Single is a bet on 1 selection in one event. Your selection must be successful to get a return.
Each Way
Totals and Over/Under Bets This type of wager also has two interchangeable names associated with it. Folks in the United States most often refer to this bet type as a total, while the rest of the globe typically calls it an over/under bet. Once again, regardless of the name, both refer to the same type of sports bet.
- Especially for beginners, wagering at these events can be intimidating. So many different kinds of bets. So many words that end with an 'ecta.'
- A Yankee consists of 11 bets involving 4 selections in different events. The bet includes 6 doubles, 4 trebles, and an accumulator. A minimum of 2 of your selections must be successful to get a return.
- In this type of game, the player receives a full hand prior to the first round of betting. The player then has the ability to improve their hand by drawing new cards and discarding old ones. 5-card draw is the best-known example, although other versions include California lowball, Four-before, and Jackpots.
- Tote betting includes a host of different bet types, from standard Win and Place betting to all the exotic bet types, i.e. Quinella, Exacta, Trifecta, First Four and Quadrellas. With tote betting, the dividend or potential payout is unknown until after the race due to the fluidity of the market and the fact that money can still be wagered right.
You bet on a horse to Win or be Placed. However the term “Placed” can vary depending on the type of race and the number of runners: The place portion of this bet pays out at 1/4 of the win odds. A £1 unit stake Each Way bet would cost £2 (£1 to win + £1 to place). For example, if the horse wins at odds of 8/1 the £1 win portion of the stake is multiplied by 8 and returned with the original £1 win betting stake paying out £9, just like a normal ‘Single’. And the £1 place portion of the betting stake is multiplied by 1/4 of the odds, so 8/1 becomes 2/1, with the original £1 place betting stake paying out £3 – thus total winnings of £12. But If your horse finishes in second, third or fourth the £1 win portion of the stake is lost and ONLY the £1 place part of the betting stake is multiplied by 1/4 of the odds, resulting in total winnings of £3.
Number of Placed Positions
- 2 to 4 runners = each way betting does not apply
- 5 to 7 runners = first two places pay out
- 8 or more runners = first three places pay out
- 16 or more in a handicap = first four places pay out
Accumulators
Also called a ‘Roll-Up’ or ‘Acca’. One bet requiring any number of selections but all the selections must win to have a return. The winnings are calculated by placing all the money on the first selection, then the winnings from that bet is placed on the next bet, etc.
Doubles, Trebles, Four-Fold Accumulators, etc
A Double is an accumulator of 2 selections, and a Treble is of 3 selections. After that, they are just known as a ‘Four-Fold Accumulator’, ‘Five-Fold Accumulator’, etc…
Trixie
A Trixie consists of 4 bets involving 3 selections in different events. The bet includes 3 doubles and 1 treble. A minimum of 2 of your selections must be successful to get a return. For example, if your 3 selections were A, B and C, then your 4 bets would be AB, AC, BC, and ABC.
Patent
A Patent consists of 7 bets involving 3 selections in different events. The bet includes a single on each selection, plus 3 doubles and 1 treble. Just one successful selection guarantees a return. For example, if your 3 selections were A, B, and C, then your 7 bets would be A, B, C, AB, AC, BC, and ABC.
Yankee
A Yankee consists of 11 bets involving 4 selections in different events. The bet includes 6 doubles, 4 trebles, and an accumulator. A minimum of 2 of your selections must be successful to get a return. For example, if your 4 selections were A, B, C, and D, then your 11 bets would be AB, AC, AC, BC, BD, CD, ABC, ABD, BCD, ACD and a Four-Fold accumulator ABCD.
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Lucky 15
A Lucky 15 consists of 15 bets involving 4 selections in different events. The bet includes 4 singles, 6 doubles, 4 trebles, and 1 four-fold. If only one selection wins, as a consolation returns are paid to treble the odds. If all four selections win, a bonus of 20% is added to total returns. For the bonus to apply, all selections must win (does not apply to void or non-runners). If only one of the selections wins, you receive treble the odds. For each-way bets the consolation is paid only on the win part of the bet. Lucky 15 bets are accepted on horse racing, greyhounds only and correct scores.
Canadian
A Canadian (also known as a Super Yankee) consists of 26 bets involving 5 selections in different events. The bet includes 10 doubles, 10 trebles, 5 four-folds plus an accumulator. A minimum of 2 of your selections must be successful to get a return.
Lucky 31
A Lucky 31 consists of 31 bets involving 5 selections in different events. The bets include 5 singles, 10 doubles, 10 trebles, 5 four-folds and a five-fold accumulator. If only one selection wins, returns are paid to four times the odds. If four of the selections win, a bonus of 15% is added to total returns. If all five selections win, a bonus of 25% is added to total returns. For the bonus to apply, all selections must win (does not apply to void or non-runners). For each-way bets the consolation is paid only on the win part of the bet. Lucky 31 bets are accepted on horse racing, greyhounds only and correct scores.
Heinz
A Heinz consists of 57 bets involving 6 selections in different events. The bet includes 15 doubles, 20 trebles, 15 four-folds, 6 five-folds and a six-fold accumulator. A minimum of 2 of your selections must be successful to get a return.
Lucky 63
A Lucky 63 consists of 63 bets involving 6 selections in different events. The bet includes 6 singles, 15 doubles, 20 trebles, 15 four-folds, 6 five-folds and a six-fold accumulator. If only one selection wins, returns are paid to five times the odds. If five of the selections win, a bonus of 20% is added to total returns. If all six selections win, a bonus of 33% is added to total returns. For the bonus to apply, all selections must win (none void or non-runners). For each-way bets the consolation is paid only on the win part of the bet. Lucky 63 bets are accepted on horse racing, greyhounds and correct scores.
Super Heinz
A Super Heinz consists of 120 bets involving 7 selections in different events. The bet includes 21 doubles, 35 trebles, 35 four-folds, 21 five-folds, 7 six-folds and a seven-fold accumulator. A minimum of 2 of your selections must be successful to get a return.
Tab Bet Types Music
Goliath
A Goliath consists of 247 bets involving 8 selections in different events. The bet includes 28 doubles, 56 trebles, 70 four-folds, 56 five-folds, 28 six-folds, 8 seven-folds and an eight-fold accumulator. A minimum of 2 of your selections must be successful to get a return.
Straight Forecast
A Straight Forecast involves 2 selections in 1 race finishing 1st and 2nd in the order named.
Reversed Forecast
A Reversed Forecast involves 2 selections in 1 race finishing 1st and 2nd in either order. As such it is two straight forecasts, AB and BA.
Combination Forecasts
Combination Forecasts involve 3 or more selections in a race, with any 2 to finish 1st and 2nd in any order.
Straight Tricasts
Straight Tricasts involve 3 selections in a race finishing 1st, 2nd and 3rd in the order named.
Combination Tricasts
Combination Tricasts involve 3 or more selections in a race finishing 1st, 2nd and 3rd in any order.
There are many types of bets, but the most common are: moneyline bets, spread bets, total bets, parlays, teasers and futures. In the beginning we will explain how to read betting lines and then we will deal with different types of bets.
Betting line
Betting line usually shows current odds or moneyline, point spread (handicap) and total for a particular event. For example we can have a line like this:
Bet Number | Team | Moneyline | Spread or Handicap | Total Points |
461 | Bengals | +150 | +6 | over 44 |
462 | Patriots | -170 | -6 | under 44 |
Sportsbooks can stuff a lot of numbers in a betting line and sometimes even don't indicate what they mean. When you learn what all these numbers mean you won't be confused any more.
The -170 and +150 are money lines which are used in moneyline bets.
Tab Nz Bet Types
The -6 and +6 are the point spread which are used in a spread bet.
Tab Bet Types Meaning
The over 44 and under 44 are the total points which are used in the total bet.
The minus sign (-) always indicates the favorite. The plus sign (+) always indicates the underdog.
![Types Types](/uploads/1/3/7/6/137652862/178568846.png)
Moneyline betting
Money line bets are on the winner of the event. In the example the -170 for the Patriots means that you have to risk $170 to win $100. The moneyline on the Bengals is +150 which means that a $100 bet on the Bengals would win $150, if the Bengals win the game. Of course when you bet $100 on the money line bet and win $150, you will receive $250 on payout.
Spread betting or point spread betting
Spread bet is a bet on score difference between two opponents. In the example above the Patriots are favored to win by 6 points and that is marked with -6 next to their name. So you can make two spread bets: 1) that the Patriots will win by 7 or more points or 2) that the Bengals will lose by 5 or less points. If the Patriots win by exactly 6 points, then the spread bets would be a push and the initial stakes would be paid back to the bettors. Usually with a spread bet the bettor stakes $110 to win $100.
Total bet
These are bets on the number of points scored in the game by both teams combined, including points scored in the overtime. In the example above the bettor bets whether the total points between the Bengals and the Patriots will be over or under 44. Like in the spread betting the odds are -110, that means risk $110 to win $100. How to get paid from bovada.
Parlay
The parlay is a bet on multiple sports events in which all teams must win or cover for the bettor to win and yield huge payout. If just one game doesn't win you lose the entire bet. If one or more games end push then these games are ignored. If you win all other games you get paid according to the games you won.
Teaser bet
Tab Horse Racing Bet Types
Buehlers promo code. A teaser is a special type of parlay in which the point spread on each game moves a particular number of points in the player's favor. Price of moving the point spread are lower odds.
Tab Bet Types Beat
Futures
Tab Melbourne Cup Bet Types
Futures are bets on future events. At the beginning of the season, the bookmakers give odds for teams who will win the championship. Futures are really difficult type of bet just for wise guys.