Horse Racing, known as the Sport Of Kings can be a fantastic way of making money, but one of the quickest ways to lose it all as well. It helps to know your bets and staking plans, because when that day comes and you have 5 winners out of 5 you need to make sure that you have staked your bet correctly to avoid dispair at the pay out booth when a smug bookie informs that the bet placed is wrong. 

I have listed below a Muliple Bets chart if that is your way of betting in small stakes, however if you are a big player then you will know single bets are the best way to make money over a long term period.

Everybody, however dreams of stinging the bookies for a big payout return and mulitples offer that chance although the chances of all selections winning are hard to come by but it can be done and has been done. We have all read in the Nationals about the punter who won £1/2 million for a silly bet with 20/1 shots and alike, so I guess we can all live in hope and wait our time.

Lets use this example for a £1 win super yankee or canadian as it is also called, so you can see how a winning bet accumulates.

The bet will be written on a blank slip or bookies made up slip like this:

1. Aintree 2.00 Red Rum Won 9/2

2. Aintree 2.35 Desert Orchid Won 3/1

3. Ascot 4.30 George Washington Won 2/1

4. Ascot 5.00 Mill Reef Won 3/1

5. Cheltenham 3.45 Best Mate Won 4/1

This bet comprises of five selections to form 10 doubles, 10 trebles, 5 four folds and 1 accumulator = 26 bets, so at stakes of £1 the total cost of the bet is £26.00. Lets be positive and assume our bet has produced 5 winners  great, so how much have we won and how do we work it all out. Well there are quick ways now available to work out bets but I think to fully understand how a bet works its best to know how to break it all down first. First lets work out the 10 doubles which combine as follows: Red Rum 9/2 x Desert Orchid 3/1 = £22 return the best way to work it out is like this and with the use of a calculator, take the first winner 9/2 and add together 9+2 = 11 then divide by the number on the right of the odds which is 2, so 11 divided by 2 = 5.5 the press X on the calculator and then add up 3+1 = 4 (3/1) press 4 and then = you should have 22 displayed, thats the first double worked out. I have numbered the selections 1 to 5 to make it easier to understand when you see how the following double combinations are worked out.

1 x 2 is 9/2 x 3/1 = £22   1 x 3 is 9/2 x 2/1 = £16.50  1 x 4 is 9/2 x 3/1 = £22   1 x 5 is 9/2 x 4/1 = £27.50

2 x 3 is 3/1 x 2/1 = £12 and so on.

Trebles are combinations of 123 124 125 134 135 145 234 235 245 345

Four folds are combinations of 1234 1235 1245 1345 2345

The accumulator is 12345 which pays £1320.00

The total win bet is £3877.50 showing a profit of £3851.50

 

This link is a usefool tool to a quick way to work out your bets BET SETTLER

As you can see below there are many types of bets on offer

 

MULTIPLE BETS CHART

 

Bet          Selections	Dble	Trble	4-Fold	5-Fold	6-Fold	7-Fold	8-Fold	Total
Trixie (3)	3	1	X	X	X	X	X	4
Yankee (4)	6	4	1	X	X	X	X	11
Canadian (5)	10	10	5	1	X	X	X	26
Heinz (6)	15	20	15	6	1	X	X	57
Super Heinz (7)	21	35	35	21	7	1	X	120
Goliath (8)	28	56	70	56	28	8	1	247

 

Cross Bet (up and down, vice versa): 2 selections, 2 bets – (1) one point win A, if cash, one point B (2) if cash, one point win A

 

Patent: 3 selections, 7 bets Trixie plus 3 singles

 

Round Robin: 3 selections, 10 bets – Trixie plus 3 Cross bets

 

Lucky 15: 4 selections, 15 bets – Yankee plus 4 singles

 

Flag: 4 selections, 23 bets – Yankee plus 6 Cross bets

 

Rounder: 3 selections, 3 bets – (1) one point win A, if cash, one point win double BxC: (2) one point, win B, if cash one point double AxC: (3) one point win C, if cash, one point double AxB

 

Roundabout: as Rounder except doubles are to 2-point stakes

 

Round The Clock: 3 selections, 3 bets – (1) one point win A. if cash, one point win B, if cash, one point win C, (2) one point win B, if cash, one point win C, if cash one point win A: (3) one point win C, if cash, one point win A, if cash, one point win B.

 

Union Jack: 9 selections, 8 trebles from the square 

A	B	C
D	E	F
G	H	I

ABC DEF GHI ADG BEH CFI AEI CEG

FORECAST DOUBLES AND TREBLES

 

Number of races	Straight forecast doubles	Reverse forecast doubles	2 pairs reverse forecast doubles	3 dogs reverse forecast doubles	Straight forecast trebles	Reverse forecast trebles	2 pairs reverse forecast trebles	3 dogs reverse forecast trebles
2	1	4	16	36	-	-	-	-
3	3	12	48	108	1	8	64	216
4	6	24	96	216	4	32	256	864
5	10	40	160	360	10	80	640	2160
6	15	60	240	540	20	160	1280	4320
7	21	84	336	756	35	280	2240	7560
8	28	112	448	1008	56	448	3584	12096
9	36	144	576	1296	84	672	5376	18144
10	45	180	720	1620	120	960	7680	25920
11	55	220	880	1980	165	1320	10560	35640
12	66	264	1056	2376	220	1760	14080	47520
13	78	312	1248	2808	286	2288	18304	61776
14	91	364	1456	3276	364	2912	23296	78624

 

 

ODDS COUPLING VALUE

 

When backing more than one horse in the same race the overall odds are reduced. Placing the same stake on each runner the outlay is doubled and the popular belief that a 2-1 winner is a bet at evens is wide of the mark. The true odds are calculated as follows: just place the returns over the outlay, which in this example are 3 over 2, then deduct the outlay from the returns, leaving 1 over 2 and those are the odds – two to one ON. Two points are laid out for a net profit of one point. Bookmakers use this odds coupling procedure for two or more horses offered at the same price and through practice, instinctively know the collective odds they are offering about such groups. The following table shows the resultant odds of covering two runners in a race at the same price.

 

3/1	Becomes	1/1
7/2	Becomes	5/4
4/1	Becomes	6/4
9/2	Becomes	7/4
5/1	Becomes	2/1
6/1	Becomes	5/2
7/1	Becomes	3/1
8/1	Becomes	7/2
9/1	Becomes	4/1
10/1	Becomes	9/2
11/1	Becomes	5/1
12/1	Becomes	11/2
14/1	Becomes	13/2
16/1	Becomes	15/2
18/1	Becomes	17/2
20/1	Becomes	19/2
25/1	Becomes	12/1
33/1	Becomes	16/1

 

 

It is for all to see that any winner, coupled with another runner in the same race to the same stake at less than 3/1 is a bet at odds on. Backers who play with this method of betting can also easily determine their minimum odds over the bet even when coupling selections at different prices. Just take the lower price and convert it to the odds using the table, these wont be the true odds of the actual bet, just the minimum one is trading at. Backing three horses in a race at the same price requires odds of 5/1 for evens and for four runners, odds of 7/1 for evens about the bet.

 

 

 

 

 

Posted 7th October 2006

 

 

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