Types Of Bet

This page explains the different types of bets available to punters.

Win Bet

This is the simplest and most popular type of bet. Your selection has to be a winner for you to collect.

Example:
£5 win Jayanjay 5.30 Epsom. Jayanjay wins at 5/1.

Return = £25, £5 x 5 + £5(stake). Total return = £30.

Each Way Bet

This consists of two bets, win and place. This means you will get some kind of return as long as your selection is placed and an even bigger return if it wins.

Example:
£5 each way Pentire 2.30 Ascot. Pentire wins at 8/1. The e/w terms on the race are 1/5 the odds 1st, 2nd and 3rd.

Return for the win part of the bet = £40, £5 x 8 + £5(stake) = £45.
Return for the place part of the bet = £8, £5 x 13 / 5 = £13.
Total Return = £58.

Place terms for each race or sporting event vary, they are always stated online with the bookmaker with whom you are placing your bet.

Multiple Bets

A multiple bet is when you combine a number of selections that 'multiply' as they win. They can be difficult bets to land but the returns can be huge if successful. Multiple bets can also be placed e/w. Below are examples of the different types of multiple bets.

Double: Combination of two selections.
Treble: Combination of three selections.
Accumulator: Combination of four or more selections.
Patent: Three selections comprising of the following seven bets; three singles, three doubles and a treble.
Yankee: Four selections comprising of the following eleven bets; six doubles, four trebles, one fourfold accumulator.
Lucky 15: The same as a Yankee but with four singles to make fifteen bets in total.

These are the most popular types of multiple bet, but others are available.

Computer Straight Forecast

A horse racing bet where you have to select the first and second in the correct order.

Tricast

Like the computer straight forecast but you have to select the first three home.

Placepot

A horse must be selected to be placed in each of the first six races of a particular meeting.

Jackpot

Like the placepot bet but instead of place horses you have to select the winner of each race.

Scoop Six

A Saturday only bet where you have to select the winner of the day's main races. There is also a place dividend.