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This is a non-exhaustive list of traditional and popular bets offered by bookmakers in the United Kingdom.The 'multiple-selection' bets in particular are most often associated with horse racing selections but since the advent of fixed-odds betting on football matches some punters use these traditional combination bets for football selections as well.
A £10 each-way single on a 10-1 selection in a horse race and paying 1 ⁄ 4 the odds a place 1, 2, or 3 would cost £20. Returns on the win part of the bet would be £10 × (10/1 × 1) + stake = £110 (£100 winnings + £10 stake) Returns on the place part of the bet would be £10 × (10/4 × 1) + stake = £35 (£25 winnings + £10 stake)
Virtual Racing is a visual representation of a computerised random number draw. The odds of the different horses (or dogs) are created by having the horses with the lower odds have more numbers in the draw than horses with higher odds. [1] However, each number can only be drawn once and therefore the same selection cannot come first and second.
A betting exchange is a marketplace for customers to bet on the outcome of discrete events. [1] Betting exchanges offer the same opportunities to bet as a bookmaker with a few differences. Gamblers can buy (also known as "back") and sell (also known as "lay") the outcome, and they can trade in real-time throughout the event, either to cut their ...
A bet to win, sometimes called a "straight" bet, means staking money on the horse, and if it comes in first place, the bet is a winner. In a bet to place, you are betting on your horse to finish either first or second. A bet to show wins if the horse finishes first, second or third. Since it is much easier to select a horse to finish first ...
The law on betting on horse racing and lotteries was passed by the German legislature and came into force on 1 July 2012. [12] Since then, a tax of 5% of the bet must be paid to the tax authorities for all sports betting (offline and online). This affects the entire sports betting market in Germany.
In horse racing and greyhound racing, the starting price (SP) is the odds prevailing on a particular entry in the on-course fixed-odds betting market at the time a race begins. The method by which SPs are set for each runner varies in different countries but is generally by consensus of an appointed panel on the basis of their observations of ...
Blew like a north wind: Said about a horse whose odds have lengthened dramatically during the course of betting. Blinkers: A cup-shaped device used to limit a horse's vision during a race and improve concentration. [1] Bloused: To be caught on the line or defeated in a photo finish. Blow: When the odds of a horse increase during betting. [6]