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BEGINNER'S GUIDE TO SPORTS BETTING TYPES OF BET

There are many sports betting types of bet besides a straight "win" and "each way". If you don't know a Trixie from a Patent or a
Lucky 63 from a Yankee, then my Beginner's Guide to UK horse racing betting is for you. It could help to make your horse racing
more enjoyable and more profitable. If you are looking for a beginner's guide to the Scoop 6, Placepot and Quadpot bets please
visit the Tote Betting page.

HOW TO PLACE A BET

Online: To place a bet online using one of the types of bet listed below you must first register with a site and open a betting account. Funding options for your betting account vary from site to site, but Betfair and Ladbrokes offer their clients a wide range of choices
including payment via Bank Transfer (BACS), personal cheque, PayPal, Neteller, Western Union as well as credit and debit card.
The minimum single bet is GBP 1, for Betfair it is GBP 2.

Betting shop: And if you prefer visiting a betting shop to place a bet, you will be pleased to know that all UK betting shops have
pre-printed betting slips for most types of bet listed below - name shown next to bet type). If you have any difficulty finding the
correct betting slip or completing it just ask a member of the shop's staff for assistance. The minimum unit stake is 5p.

EACH WAY:
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 GBP 1 unit stake Each Way bet would cost GBP 2
(GBP 1 win + GBP 1 place). For example, if the horse wins at odds of 8/1 the GBP 1 win portion of the stake is multiplied by 8
and returned with the original GBP 1 win betting stake paying out GBP 9. And the GBP 1 place portion of the betting stake is
multiplied by 1/4 of the odds i.e. 2 with the original GBP 1 place betting stake paying out £3 - thus total winnings of GBP 12.
But If your horse finishes second, third or fourth the GBP 1 win portion of the stake is lost and ONLY the GBP 1 place part of
the betting stake is multiplied by 1/4 of the odds i.e.2, resulting in total winnings of GBP 3. See Place

Watch video showing how to calculate Each Way and Accumulator bets.

2 to 4 runners = no place pay out

5,6 or 7 runners = first two

8 or more runners = first three

16 or more in a handicap = first four

HOW TO CALCULATE YOUR POTENTIAL WINNINGS

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PLACE (Betfair):
Unlike an Each-Way bet (as above) which consists of two bets, a Betfair Place bet is just one bet and pays out the same winnings
whether your horse wins or is placed. So a GBP 2 unit stake Place bet would cost a total of GBP 2.

DOUBLE:
A double links two separate events. But in order to win your prediction for both events must be correct. For example, one event
could be the name of the first player to score a goal in a particular football game; and the second event could be the name of the
horse to win the Derby. And it is not limited to just predicting the outcome of two sporting events but can be used to include two
totally unrelated events, for example, the name of this year's Booker Prize winner and the name of the candidate to become the
next US president. See Permutation at the bottom of this page.

DUTCHING:
Refers to betting on more than one horse in a race to improve your chances of winning. But you must ensure the odds of each of your
selections are big enough so that if one of your selections wins you win enough money not only to cover the losses on your other
selections, but also make a profit. Please watch video below for an informative and more detailed explanation of Dutching.

DUTCHING BET EXPLAINED

TRY A DUTCHING BET CALCULATOR FOR YOUR RACE SELECTIONS

TREBLE:
This bet works in just the same way as a Double (as above). The only difference is that you have added a third event.

TRIXIE:
A bet covering three different horses in a total of 4 bets: three Doubles (A + B, A + C, B + C) and one Treble (A + B + C).
A GBP 1 unit stake Trixie would cost GBP 4 (GBP 1 x 4 Bets). See Patent
NB: As you can see, to calculate the total stake you multiply the unit stake by the number of bets.

PATENT: - - - - -Morrisons betting slip = Patent

Like a Trixie (above) but with the addition of three single bets: giving a total of 7 bets: three singles (A,B and C),
three Doubles (A + B, A + C, B + C), and one Treble (A + B + C). A GBP 1 unit stake Patent would cost GBP 7.

YANKEE: - - - - -Betting slip: William Hill = Super + / Ladbrokes = Multiples

Four different horses are combined in a total of 11 bets: six Doubles, four Trebles, one Accumulator. You can choose to add Each Way
and four singles to the Yankee, which would increase your chance of winning but also increase the stake. Two winners are required to
get a return. A GBP 1 unit stake Yankee without the Each Way option would cost GBP 11, and GBP 22 with it. See Lucky 15.

LUCKY 15: - - - - Betting slip: William Hill & Ladbrokes = Lucky 15 - 31 - 63

Like a Yankee (above), but with the addition of four singles giving a total of 15 bets, hence the name. If you only have one winner it
is paid at double the odds. A GBP 1 unit stake Lucky 15 would cost GBP 15.

CANADIAN / SUPER YANKEE: - - Betting slip: William Hill = Super + / Ladbrokes = Multiples

Five different horses are combined in a total of 26 bets: ten Doubles, ten Trebles, five x four horse Accumulator and one Fivefold.
You need two winners to get a return. A GBP 1 unit stake Canadian / Super Yankee would cost GBP 26. See Lucky 31

LUCKY 31: - - - - Betting slip: William Hill & Ladbrokes = Lucky 15 - 31 - 63

Like a Canadian (above), but with the addition of five singles making a total of 31 bets (hence the name). If you only have one winner
it is paid at double the odds. A GBP 1 unit stake Lucky 31 costs GBP 31.

HEINZ: - - - - - - - - Betting slip: William Hill = Super + / Ladbrokes = Multiples

Six horses combined in a total of 57 bets: fifteen Doubles, twenty Trebles, fifteen x four horse Accumulator, six x five horse Accumulator
and one x six horse Accumulator. You need at least two winners to get a return. A GBP 1 unit stake Heinz would cost GBP 57.

LUCKY 63: - - - - - Betting slip: William Hill & Ladbrokes = Lucky 15 - 31 - 63

Six horses are combined in a total of 63 bets: six Singles, fifteen Doubles, twenty Trebles, fifteen x four horse Accumulator, six x five
horse Accumulator one x six horse Accumulator. If only one selection wins, returns are paid to double the odds. If all six selections win,
a bonus of 20% 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 . A GBP 1 unit stake Lucky 63 would cost GBP 63.

SUPER HEINZ:- - -Betting slip: William Hill = Super + / Ladbrokes = Multiples

Seven different horses are combined in a total of 120 bets: twenty one Doubles, thirty five Trebles, thirty five x four horse Accumulator,
twenty one x five horse Accumulator, seven x six horse Accumulator and one x seven horse Accumulator. You must have at least two winners to get a return. A GBP 1 unit stake Super Heinz would cost GBP 120.

GOLIATH: - - - - - - -Betting slip: William Hill = Super + / Ladbrokes = Multiples

Eight different horses are combined in a total of 247 bets: twenty eight Doubles, fifty six Trebles, seventy x four horse Accumulator,
fifty six x five horse Accumulator, twenty eight x six horse Accumulator, eight x seven horse Accumulator and one x eight horse
Accumulator. You need at least two winners to get a return. A GBP 1 unit stake Goliath costs GBP 247.

BETFAIR MULTIPLES: - - -Screenshot of Betfair Multiples betting menu

Doubles, Trebles and other accumulator bets can also be made on Betfair betting exchange using their Multiples Bet. Betfair does
not deduct 5% commission from winning multiple bets - as they do with single win and lay bets. The total minimum stake is GBP 2.

PERMUTATION BET: - -My Ladbrokes betting slip showing 4 winners from a 6 horse Trebles permutation bet

This option allows you to combine several horses in one type of bet to increase your chances of winning. In this example: four horses (A,B,C,D) are permed in a Doubles only bet (A + B, A + C, A + D, B + C, B + D, C + D) = 6 DOUBLES. On the betting coupon write
"£1 Doubles x 6 = £6". This type of permed bet, unlike a Patent, Yankee or Lucky 15, has the advantage of requiring a smaller
stake because you have eliminated the singles, trebles and Accumulator option. The disadvantage, of course, is that if 3 or more of
your selections win your winnings are calculated as Doubles only. This bet based on a GBP 1 unit stake, as indicated, would cost
GBP 6. And 'perming' five horses in a GBP 1 unit stake Doubles bet would cost GBP 10. See more permed Doubles bet
calculations below. If placing a Doubles Bet online the total cost is automatically calculated and displayed after you enter the unit
stake in the Multiple Bet portion of the bet slip - see screenshot below . The projected winnings from your bet will only be shown
If all of your selections have their betting price displayed.

ADVICE: To improve your chances of having more winning bets without having to stake a lot of money, I recommend
you limit your race betting to either a straight win bet, Each Way/Place bet or perm 4 - 6 horses in a Doubles only bet
- as shown in the permutation example above.

DISCLAIMER: Although every effort is made to ensure the accuracy of information on this site, no responsibility can be accepted for any errors or omissions.

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