Bet types that can be placed

One should know what types of bet options are available to them before they place any. Given below are different types of bets possible. Specifically the term ‘multiple selection’ bets are mostly associated with horse racing selections but since the fixed-odds betting on football matches has made foray into the arena some punters use these conventional combination bets for football selection as well. Following are t he bet types and their meanings:

Single: A bet on an individual selection is called a single bet. The selection must be successful to get a return.

Double: 1 bet involving 2 selections in different events is called a double bet. To get a return both selections must be successful.

Treble: 1 bet involving 3 selections at different levels is called a treble. All 3 must be successful to get a return.

Fold accumulator: 1 bet involving several selections like 4, 5, 6, 7, etc. at different levels are called fold accumulators, like, four-fold accumulators, five-fold accumulators and so on.

Trixie: 4 bets involving 3 selections in different levels is called a trixie. The bet involves 3 doubles and 1 treble. Minimum 2 selections must be successful to get a return.

Patent: 7 bets involving 3 selections in different levels is called a patent. The bet involves a single on each selection along with 3 doubles and 1 treble. To get returns just 1 selection must be successful.

Yankee: 11 bets consisting of 4 selections in different levels is called a Yankee. The bet involves 6 doubles, 4 trebles and an accumulator. Minimum 2 selections must be successful to get a return.

Canadian: This is also called Super Yankee which consists of 26 bets involving 5 selections in different levels. The bet involves 10 doubles, 10 trebles, 5 four-folds and an accumulator. Minimum 2 selections must be successful to secure a return.

Lucky 15: 15 bets consisting of 4 selections in different level is called Lucky 15. The bet consists of 4 singles, 6 doubles, 4 trebles and 1 fourfold. In case a single selection is successful, as a consolation, returns are paid to double the odds. In case all the four selections win, 10% bonus is credited to the absolute returns. In order to enable the bonus all selections must be successful, none should be void or non-runners. Lucky 15 bets are acceptable only on horse race and grey hounds.

Lucky 31: 31 bets involving 5 selections in different events. The bets involve 5 singles, 10 doubles, 10 trebles, 5 four-folds and one accumulator. In case of one successful selection returns are paid to double the odds. In case all 5 selections win 15% bonus is incremented to the absolute returns. Bonus is applicable only if all selections win i.e. there should be no void or non-runners. Lucky 31 bets are accepted on horse race and grey hounds only.

Lucky 63: 63 bets consisting of 6 selections in different events is called Lucky 63. The bet involves 6 singles, 15 doubles, 20 trebles, 15 four-folds, 6 five-folds and one accumulator. In case just one selection is successful, returns are paid to double the odds. In case all 6 selections are successful, a 20% bonus is incremented to absolute returns. Bonus is applicable only if all selections win i.e. there should be no void or non-runners. Lucky 63 bets are accepted on horse race and grey hounds only.

Heinz: 57 bets involving 6 selections in different levels is called a Heinz. The bet includes 15 doubles, 20 trebles, 15 four-folds, 6 five-folds and one accumulator. Minimum 2 selections must be successful to secure a return.

Super Heinz: 120 bets involving 7 selections in different levels is called a Super Heinz. The bet includes 21 doubles, 35 trebles, 35 four-folds, 21 five-folds, 7 six-folds and one accumulator. Minimum 2 selections must be successful to secure a return.

Goliath: 247 bets involving 8 selections in different events is called a Goliath. The bet involves 28 doubles, 56 trebles, 70 four-folds, 56 five-folds, 28 six-folds, 8 seven-folds and one accumulator. Minimum 2 selections must be successful to get a return.

Forecasts

Forecasts are bets under which we need to forecast the sequence of the first few finishers in an event.  Returns are computed by industry sources through computer software on correctly predicted finishing sequence .

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