A Guide To The Various Types Of Bet You Can Place

The bookies offer a huge range of bets - from simple to reverse forecast - but do

you really know what they mean? This is my guide to betting and the various types of bet that you can place.

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. You may have placed your bet using decimal odds, which means it would have been 4. 1 of your 2 bet is to win, and the other is the place bet (top 3), so if you do win, your returns will be greater.

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 trying out some new bets this weekend, why not try some of these?

by: Barry Hornwhistle

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