Quick Answer: How do forecast bets work?

How are forecast bets calculated?

Those bookies that don’t offer a fixed price on the straight forecast before the start of a horse or greyhound race use the Computer Straight Forecast (CSF) to work out your return. Essentially this is a computer calculation based upon the number of runners and their starting prices (SP).

Do you get your stake back on a forecast bet?

While in a straight forecast bet you have to correctly predict the participants finishing first and second in the exact order they finish, in a reverse forecast bet your two selections can finish either first or second and you still win. The stake in a reversed forecast bet is double that of a regular bet.

How are forecasts and Tricasts calculated?

With forecasts, you simply take the number of horses you wish to select (‘selections’) and multiply it by one less than the number of selections. With tricasts, multiply the number of selections by one less than the number of selections, and then multiply that by one less than the previous figure.

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What is a forecast Tricast bet?

A tricast bet predicts the first, second and third finishers in an event in correct order, whereas combination forecasts pick the 1-2-3 in any order.

What odds do you get on a forecast?

A Forecast is a bet where you select the first two horses (or dogs) home in the correct order. currency you have staked. A forecast return is therefore usually in decimal odds as the dividend includes the stake. So a dividend of 11.53 is actually, in fractional betting odds, 10.53/1.

How many runners should I forecast?

Forecasts are accepted in all races of 3 or more actual runners and will be settled as a straight forecast (selections to finish 1st and 2nd in correct order) in accordance with the computer straight forecast dividend. If there are less than 3 actually running in a race then all forecasts for that race will be void.

What is dual forecast bet?

A reverse forecast (sometimes called a Dual Forecast) is a bet in which you predict the first and second-placed finishers in an event in any order. … If you’re unsure about how they work on a particularly betting site always check their betting rules before placing your bet.

What is a Lucky 15 bet?

A Lucky 15 consists of 15 bets of equal value on selections in four separate events: four singles, six doubles, four trebles and one four-fold accumulator. … The doubles, trebles and four-fold ensure that with each additional winner your returns can jump significantly as the various multiple bets come into play.

How do you work out the odds of winning?

To calculate winnings on fractional odds, multiply your bet by the top number (numerator), then divide the result by the bottom (denominator). So a $10 bet at 5/2 odds is (10 * 5) / 2, which equals $25. A $10 bet at 2/5 odds is (10 * 2) / 5, which is $4.

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How do you calculate a Tricast?

Combination Tricast Bet

  1. The first bet is placed on Horse 1 to finish in first place, Horse 5 to finish in second place, and Horse 6 to finish in third place;
  2. The second bet is placed on Horse 1 to finish in first place, Horse 6 to finish in second place and Horse 5 to finish in third place;

What does cover two places mean?

Cover Bet 2 Places. The price for the selection to win the race is less than for Win and Each Way markets, but money back if your selection finishes second.

How do you calculate a trifecta?

To figure the cost of a Trifecta Key, multiply 1 times the number of horses you used times the number of horses you used minus one. For example, a $1 Trifecta Key 1 with 2,3,4,5 would be 12 possible combinations (1 x 4 x 3 = 12).

What’s the difference between forecast and Tricast?

Straight forecast: A straight forecast or SF is composed of two selections and is a single bet prediction of 1st and 2nd in the correct order. … Combination tricast: A combination tricast or CT is composed of a number of selections and is a prediction for your selections to finish 1st, 2nd, and 3rd in any order.

What is a Trixie bet?

A Trixie bet consists of four bets of equal value on three selections in separate events: three doubles and one treble. … It’s most often used in horse racing betting.

What is the difference between Tricast and trifecta?

is that tricast is (british) a specific kind of horse race betting, made by choosing the first three horses home in the correct order or tricast can be the simultaneous broadcasting of an audio via fm, web streaming and podcasting used in radio stations while trifecta is (us|australia|new zealand) a bet in which the

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