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Combination Forecast & Tricast Betting

How Many Stakes In Multiple Selection Combination Forecast Bets?

Q: What Is A Forecast, or Forecast Betting?
A: Forecast betting is predicting the 1st and 2nd in a race.
# A reverse forecast is 2 horses or greyhounds coming in 1st or 2nd in any order.
# Combination forecasts are 1st and 2nd in any order, picked from 3 or more horses or dogs.

How Many Bets In "Straight Forecast", "Reverse Forecast" & "Combination Forecast" Betting?

Straight Forecast: (1st and 2nd in the correct order)
2 selections = 1 bet.

Reverse Forecast: (1st and 2nd in any order)
2 selections = 2 bets.

Combination Forecast Table (1st and 2nd in any order)
03 selections = 6 bets.
04 selections = 12 bets.
05 selections = 20 bets.
06 selections = 30 bets.
07 selections = 42 bets.
08 selections = 56 bets.
09 selections = 72 bets.
10 selections = 90 bets.

How Many Stakes In A Tricast, Or Multiple Selection Combination Tricast Bet?
Q: What Is A Tricast?
A: A Tricast, or tricast betting is correctly predicting the 1st, 2nd and 3rd in a race.
# Combination Tricasts are 1st, 2nd and 3rd horses or greyhounds, in any order, from any one race.

How Many Wagers In A "Straight Tricast" Or A "Combination Tricast" Bet?
Straight Tricast: (1st, 2nd and 3rd in the correct order)
3 selections = 1 bet.

Combination Tricast: (1st, 2nd and 3rd in any order)
3 selections = 6 bets.

Combination Tricasts Table (1st, 2nd and 3rd in any order)
03 selections = 6 bets
04 selections = 24 bets
05 selections = 60 bets
06 selections = 120 bets
07 selections = 210 bets
08 selections = 336 bets
09 selections = 504 bets
10 selections = 720 bets

Further Combination Forecast & Tricast Information
Multiple Combination Greyhound Forecast Betting - ie Straight Forecast Doubles, Reverse Forecast Doubles, 2 Pairs Rev FCast Doubles, 3 Dogs Rev FCast Doubles, Straight Forecast Trebles, Reverse Forecast Trebles, 2 Pairs Rev FCast Trebles and 3 Dogs Rev FCast Trebles.

Forecasts And Tricasts Explained - ie Forecast Doubles and Trebles plus Tricasts and Combination Tricasts information tables.

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Posted at 15:15, Wednesday, June 06, 2007 by the Sandracer.

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What Is The Return On UK Betting Odds

What Is The Return On Fractional UK Betting Odds?

The UK odds are written in a fractional betting odds format. To work out the returns on UK wagers, you simply multiply your stake by the first number, or divide by the second number and add your stake (if your bet wins), dependant on whether the price is odds on, or odds against.
Odds Against Example: 4/1 X a £1.00 stake = £5.00 returned (£4 winnings plus £1 wagered bet).

For "odds against" UK bets, you must multiply your stake times the first number for the price, and add your stake to find out the total winning returns.
Odds On Example: 1/2 X a £1.00 stake = £1.50 returned (£50p winnings plus £1 wagered bet).

For "odds on" UK bets, you must divide your stake by the second number for the price, and add your stake to find out the total winning returns.
What Are Odds On Betting Price Returns X A £1.00 Stake
(uk fractional odds on table)

1/100 Odds On X £1.00 Stake = £1.01 Returns
1/50 Odds On X £1.00 Stake = £1.02 Returns
1/33 Odds On X £1.00 Stake = £1.03 Returns
1/25 Odds On X £1.00 Stake = £1.04 Returns
1/20 Odds On X £1.00 Stake = £1.05 Returns
1/10 Odds On X £1.00 Stake = £1.10 Returns
2/13 Odds On X £1.00 Stake = £1.15 Returns
2/11 Odds On X £1.00 Stake = £1.18 Returns
1/5 Odds On X £1.00 Stake = £1.20 Returns
2/9 Odds On X £1.00 Stake = £1.22 Returns
1/4 Odds On X £1.00 Stake = £1.25 Returns
2/7 Odds On X £1.00 Stake = £1.29 Returns
3/10 Odds On X £1.00 Stake = £1.30 Returns
1/3 Odds On X £1.00 Stake = £1.33 Returns
4/11 Odds On X £1.00 Stake = £1.36 Returns
2/5 Odds On X £1.00 Stake = £1.40 Returns
4/9 Odds On X £1.00 Stake = £1.44 Returns
1/2 Odds On X £1.00 Stake = £1.50 Returns
8/15 Odds On X £1.00 Stake = £1.53 Returns
4/7 Odds On X £1.00 Stake = £1.57 Returns
8/13 Odds On X £1.00 Stake = £1.62 Returns
4/6 Odds On X £1.00 Stake = £1.67 Returns
8/11 Odds On X £1.00 Stake = £1.73 Returns
4/5 Odds On X £1.00 Stake = £1.80 Returns
5/6 Odds On X £1.00 Stake = £1.83 Returns
9/10 Odds On X £1.00 Stake = £1.90 Returns
10/11 Odds On X £1.00 Stake = £1.91 Returns
What Are Odds Against Betting Price Returns X A £1.00 Stake
(uk fractional odds against table)

1/1 Odds X £1.00 Stake = £2 Returns
21/20 Odds X £1.00 Stake = £2.05 Returns
11/10 Odds X £1.00 Stake = £2.10 Returns
10/9 Odds X £1.00 Stake = £2.11 Returns
6/5 Odds X £1.00 Stake = £2.20 Returns
5/4 Odds X £1.00 Stake = £2.25 Returns
13/10 Odds X £1.00 Stake = £2.30 Returns
27/20 Odds X £1.00 Stake = £2.35 Returns
11/8 Odds X £1.00 Stake = £2.37 Returns
7/5 Odds X £1.00 Stake = £2.40 Returns
6/4 Odds X £1.00 Stake = £2.50 Returns
8/5 Odds X £1.00 Stake = £2.60 Returns
13/8 Odds X £1.00 Stake = £2.67 Returns
17/10 Odds X £1.00 Stake = £2.70 Returns
7/4 Odds X £1.00 Stake = £2.75 Returns
9/5 Odds X £1.00 Stake = £2.80 Returns
15/8 Odds X £1.00 Stake = £2.87 Returns
19/10 Odds X £1.00 Stake = £2.90 Returns
2/1 Odds X £1.00 Stake = £3 Returns
21/10 Odds X £1.00 Stake = £3.10 Returns
11/5 Odds X £1.00 Stake = £3.20 Returns
9/4 Odds X £1.00 Stake = £3.25 Returns
23/10 Odds X £1.00 Stake = £3.30 Returns
12/5 Odds X £1.00 Stake = £3.40 Returns
5/2 Odds X £1.00 Stake = £3.50 Returns
13/5 Odds X £1.00 Stake = £3.60 Returns
27/10 Odds X £1.00 Stake = £3.70 Returns
11/4 Odds X £1.00 Stake = £3.75 Returns
14/5 Odds X £1.00 Stake = £3.80 Returns
3/1 Odds X £1.00 Stake = £4 Returns
10/3 Odds X £1.00 Stake = £4.33 Returns
7/2 Odds X £1.00 Stake = £4.50 Returns
4/1 Odds X £1.00 Stake = £5 Returns
9/2 Odds X £1.00 Stake = £5.50 Returns
5/1 Odds X £1.00 Stake = £6 Returns
11/2 Odds X £1.00 Stake = £6.50 Returns
6/1 Odds X £1.00 Stake = £7 Returns
13/2 Odds X £1.00 Stake = £7.50 Returns
7/1 Odds X £1.00 Stake = £8 Returns
15/2 Odds X £1.00 Stake = £8.50 Returns
8/1 Odds X £1.00 Stake = £9 Returns
17/2 Odds X £1.00 Stake = £9.50 Returns
9/1 Odds X £1.00 Stake = £10 Returns
10/1 Odds X £1.00 Stake = £11 Returns
11/1 Odds X £1.00 Stake = £12 Returns
12/1 Odds X £1.00 Stake = £13 Returns
14/1 Odds X £1.00 Stake = £15 Returns
16/1 Odds X £1.00 Stake = £17 Returns
18/1 Odds X £1.00 Stake = £19 Returns
20/1 Odds X £1.00 Stake = £21 Returns
22/1 Odds X £1.00 Stake = £23 Returns
25/1 Odds X £1.00 Stake = £26 Returns
28/1 Odds X £1.00 Stake = £29 Returns
33/1 Odds X £1.00 Stake = £34 Returns
40/1 Odds X £1.00 Stake = £41 Returns
50/1 Odds X £1.00 Stake = £51 Returns
66/1 Odds X £1.00 Stake = £67 Returns
80/1 Odds X £1.00 Stake = £81 Returns
100/1 Odds X £1.00 Stake = £101 Returns



Page last updated: Tues Apr 16, 2024

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Posted at 18:36, Monday, May 07, 2007 by the Sandracer.

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Betting Overround

What Does "Betting Overround" Mean?

The actual definition of the betting overround, is the total percentage of all the odds added together in any individual betting market.

Common Usage The betting overround (vigorish, juice, vig, overound, over-round) is the name punters have given to the profit margin odds compilers build into a gambling market. When you see, "book percentage 150%", that's a theoretical 50% drink for the house.

Formula A mathematical formula is used by bookmakers/layers to price up a betting market in the bookies favour, ie the house edge. All odds/prices have an equivalent probability percentage. Evens is 50%, 3/1 is 25%, 9/1 is 10% and so on.

So, when bookies write a book and price up a betting event, they build in a profit margin for themselves by using fractional mathematics. You're not going to get 2 evens shots in a race of 3, otherwise the bookie is actually gambling, just like a punter. We call it arbitrage.

Overround Example
You may see a 2 horse race, with 2 evenly matched runners, priced up as such (if you are lucky enough to find a book as low as 9%).

Odds of horse 1: 5/6
Odds of horse 2: 5/6

Odds of 5/6 = a 54.55% probability. 54.55+54.55=109.1 This means the bookie should theoretically win 9.1% of the total wagers staked, if the same amount of money has been wagered by punters on each horse.

You can work out the overround, or easily price up your own football match, or even a 40 runner handicap like the Grand National, by writing down the odds percentage and adding up the total. Anything over 100% is the bookies projected profit, all things being equal.

Arbitrage If you find a betting market where the prices add up to less than 100%, that is called arbitrage. Arbitrage means 2 or more layers differ so much on their odds, that you can bet both sides of the event and collect a guaranteed profit, whatever the result.

Round Book If you find a 2 horse race, a snooker match maybe, where you can get evens on both participants winning, such a market is called a round book.


Overround = Betting market in the layers favour.
Round Book = Betting market in no ones favour.
Arbitrage = Betting market in the punters favour.


UK Betting Odds Percentages Conversion Chart
UK Odds - Odds%

1/100 = 99.00%
1/50 = 98.03%
1/33 = 97.08%
1/25 = 96.15%
1/20 = 95.23%
1/10 = 90.90%
2/13 = 86.95%
2/11 = 84.74%
1/5 = 83.33%
2/9 = 81.30%
1/4 = 80.00%
2/7 = 77.80%
3/10 = 76.70%
1/3 = 75.00%
4/11 = 73.33%
2/5 = 71.43%
4/9 = 69.23%
1/2 = 66.67%
8/15 = 65.50%
4/7 = 63.64%
8/13 = 61.90%
2/3 = 60.00%
8/11 = 57.89%
4/5 = 55.56%
5/6 = 54.55%
9/10 = 52.63%
10/11 = 52.38%
1/1 = 50.00%
21/20 = 48.78%
11/10 = 47.62%
10/9 = 47.37%
6/5 = 45.45%
5/4 = 44.44%
13/10 = 43.48%
27/20 = 42.55%
11/8 = 42.11%
7/5 = 41.67%
3/2 = 40.00%
8/5 = 38.46%
13/8 = 38.10%
17/10 = 37.04%
7/4 = 36.36%
9/5 = 35.71%
15/8 = 34.78%
19/10 = 34.48%
2/1 = 33.33%
21/10 = 32.26%
11/5 = 31.25%
9/4 = 30.77%
23/10 = 30.30%
12/5 = 29.41%
5/2 = 28.57%
13/5 = 27.78%
27/10 = 27.03%
11/4 = 26.67%
14/5 = 26.32%
3/1 = 25.00%
10/3 = 23.08%
7/2 = 22.22%
4/1 = 20.00%
9/2 = 18.18%
5/1 = 16.67%
11/2 = 15.38%
6/1 = 14.29%
13/2 = 13.33%
7/1 = 12.50%
15/2 = 11.76%
8/1 = 11.11%
17/2 = 10.53%
9/1 = 10.00%
10/1 = 9.09%
11/1 = 8.33%
12/1 = 7.69%
14/1 = 6.67%
16/1 = 5.88%
18/1 = 5.26%
20/1 = 4.76%
22/1 = 4.35%
25/1 = 3.85%
28/1 = 3.45%
33/1 = 2.94%
40/1 = 2.44%
50/1 = 1.96%
66/1 = 1.49%
80/1 = 1.23%
100/1 = 0.99%

Overround Information (overround, overound, over-round)
Vigorish Wiki Information Webpage
Risk Free Betting Caculator - bet72

Page Last Updated: Sat Jan 13, 2024

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Posted at 18:17, Monday, April 02, 2007 by the Sandracer.

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Hedging - How To Hedge A Bet

Hedging - What Does To Hedge A Bet Mean?

"Hedging a bet" is placing another bet or more, when your wager is looking like a good thing to be a winner. Therefore, to hedge a bet, is to bet both sides, or all outcomes of an event. Otherwise knows as arbitrage(arb).

So, if you bet Chelsea to win the FA Cup at 6/1 and they reach the final against Coventry, you may decide to hedge your bet by wagering more money on Coventry to win and/or draw the match aswell. Thereby guaranteeing a profit, or returned stakes, regardless of the final result.

Hedging Example:
♠ Wager £1.00 single Chelsea at 6/1 odds early in the competition =£7.00 returns.
♠ Wager £1.00 single Coventry to win at 2/1 odds on final day =£3.00 returns.
♠ Wager £1.00 single Coventry to draw at 2/1 odds on final day =£3.00 returns.

# Total Stake =£3.00, returns are £7.00 Chelsea, £3.00 draw or Coventry victory.

The Bookmakers, Or The Layers, Hedge Your Bets
Bookmakers hedge bets all of the time, usually with your money. Most commonly, the bookmaker will take a fixed price with few rails bookmakers with punters stake, thereby forcing the starting price(sp) down in the highstreet betting shops and reducing their own payout liabilities.

Hedging A Bet - Hedge Betting - Good Or Bad?
Some gamblers swear by hedging their bets, others think it is bottling out of a wager, or a complete waste of money.

The truth is, it depends on many things. Possible returns against losses, size of initial stake wagered, in-running position of your selection, life-changing win amount and so on.

Gambling Rule 7 - Thou Shalt Not Hedge Thy Bets, Unless..
Hedge Betting Wiki Information Webpage
Hedging & Spread Betting Articles

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Posted at 01:25, Friday, March 30, 2007 by the Sandracer.

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UK Betting Terminology

Win Only - Win Single
Win only, or a win single is simple enough betting terminology to understand. First past the post only counts, not second, third or fourth.
Place
Place betting is only available on the Tote these days. A placed horse is a mount that comes in second, third or fourth. Fourth place counts in handicap races with 16 runners or more.
Each Way
Each way betting costs 2 stakes. One for the win piortion of the bet, one for the place. If your horse wins on an each way bet, you get the win and the place returns, dependant on the odds. If your horse comes second, third or fourth, you receive 1/4 or 1/5th the odds of the winner, dependant on race type.
Each Way Odds Fractions
No each way available on races with 4 or fewer runners.
1/4 odds, first two places in race with 5 to 7 runners.
1/5 odds, first three places in a non-handicap races of 8 or more runners.
1/5 odds, first three places in a handicap races with 8 to 11 runners.
1/4 odds, first three places in a handicap race with 12 to 15 runners.
1/4 odds, first four places in a handicap race with 16 or more runners.
Forecast
A forecast is betting the correct first and second horses in a race. Forecasts are accepted in races of 3 or more runners. Winning forecasts are payed out on the official declared dividend to a £1.00 stake, worked out dependent on the prices of the first and second placed horses, and amount of runners.
Tricast
Tricast is first, second and third in any race where tricasts are allowed. Tricast's are only accepted in races where an official computer tricast dividend is available.
Starting Price (SP)
The starting price is the price returned for a horse or greyhound, worked out dependant on the available prices available trackside. The starting price is confirmed after the official weigh in.
Favourite
The favourite is the horse, or horses that return at the shortest starting price (SP). You can get a favourite(fav), joint favourites(jf), ie 2 horses returning at the same price, or co-favourite(co fav), ie 3 or more horses returning at the same starting price.
Ante Post
Ante post prices are taken on a horse or greyhound atleast 1 day before a race. If your selection does not run, ante price wagers are lost.
Rule 4 Betting Deductions
If a horse is withdrawn late from a race and no new market is formed, or you have taken a board price before the new market is formed, you will be deducted a percentage of you winnings dependent on the price of the horse at the time of it's withdrawal.
Rule 4 Odds Deduction Table (In £s)
3/10 or shorter 75p
Over 3/10 up to and including 2/5 70p
Over 2/5 up to and including 8/15 65p
Over 8/15 up to and including 8/13 60p
Over 8/13 up to and including 4/5 55p
Over 4/5 up to and including 20/21 50p
Over 20/21 up to and including 6/5 45p
Over 6/5 up to and including 6/4 40p
Over 6/4 up to and including 7/4 35p
Over 7/4 up to and including 9/4 30p
Over 9/4 up to and including 3/1 25p
Over 3/1 up to and including 4/1 20p
Over 4/1 up to and including 11/2 15p
Over 11/2 up to and including 9/1 10p
Over 9/1 up to and including 14/1 5p
Over 14/1 None
The Tote aka Nanny Goat (official tote rules)
Totewin
Totewin bets operate on all races.

More than one Win selection can be made in each race.

Stakes : The minimum bet for a totewin is £1.

Totewin pool - when two horses dead heat for first place, the net pool will be divided into two equal parts. One part will be divided by the stakes on one horse and the other part by stakes on the other horse and a dividend will be paid on each horse. The same principle applies if three or more horses dead heat for first place. Should any of the dead heating horses be unbacked or partbacked, then the pool, or part pool, will be carried forward to the next appropriate totewin pool as dictated by totesport.

Toteplace
Toteplace bets operate on races that have 5 or more runners.

More than one Place selection can be made in each race. The number of places in a race varies with the number of runners.

Up to 4 runners Place betting is not available
5, 6 or 7 runners 2 place dividends (1-2)
8+ runners 3 place dividends (1-2-3)
16+ runner handicaps 4 place dividends (1-2-3-4)

Stakes : The minimum bet for a toteplace is £1.

In races of less than 5 runners or where a toteplace pool is not operated, place bets are void.

toteplace dividends are calculated by dividing the net pool by the number of placed horses, i.e. 1, 2, 3 or 4. Each equal part of the net pool is then divided by the stakes on the placed horse and bets are paid in proportion to their stakes. If, for any reason, the calculated place dividend on any horse falls below 70p, money will be taken from the net pool on the remaining placed horses in equal shares to ensure that the minimum calculated dividend on any placed horse is not less than 70p. The balance of the net pool will then be divided equally amongst the other placed horses.

Should a placed horse be unbacked or part backed, the amount of the net pool assigned to that placed horse will be divided in equal proportion between the remaining placed horses which have been fully backed. Should none of the placed horses be backed, the pool will be carried forward to the next appropriate toteplace pool as decided by totesport. Should none of the placed horses be fully backed, the part pool will be carried forward to the next appropriate toteplace pool as decided by totesport.

toteplace pool - when two horses dead heat for first place they become first and second, if they dead heat for second place they become second and third; if they dead heat for second in a two-place betting pool, third in three-place betting or fourth in four-place betting, a dividend is paid on the dead heating horses. The amount of the pool allotted to these places is halved and each half is divided by the relevant stakes. The above method applies when 3 or more horses dead heat.

Toteexacta
Toteexacta bets operate on all races of 3 or more runners and requires the selection of the first and second in correct order. Single entries are accepted with a minimum unit stake of £1, rising thereafter in multiples of 10p. Permutation entries are accepted with a minimum unit stake of 10p, rising in multiples thereafter of 10p provided a minimum of £1 is staked. Un-named selections (e.g. the favourite) are not accepted in toteexacta bets. A bet containing a non-runner will be void.

A Straight toteexacta bet requires you to select the first and second horse in the correct order.

Stakes : Single entries are accepted with a minimum unit stake of £1, rising thereafter in multiples of 10p. Permutation entries are accepted with a minimum unit stake of 10p rising in multiples thereafter of 10p provided a minimum of £1 is staked. Returns will be paid in accordance with the official dividend.

A Combination toteexacta bet requires you to select the first and second horse in any order. Any number of horses from 2 upwards may be selected. However, a Combination toteexacta with 2 selections only is commonly known as a Reverse toteexacta.

Stakes : Combination entries are accepted with a minimum unit stake of 10p rising in multiples thereafter of 10p provided a minimum of £1 is staked. Returns will be paid in accordance with the official dividend.

A Banker toteexacta bet requires you to select the winner and allows you to make multiple selections any of which may finish second.

Within the Banker Permutations any individual toteexacta bet containing a non-runner will be void but the others will stand.

Stakes : Single entries are accepted with a minimum unit stake of £1, rising thereafter in multiples of 10p. Provided that a minimum stake of £1 has been spent, unit stakes of 50p and £1 will be accepted. Returns will be paid in accordance with the official dividend.

Toteexacta pool - when two horses dead heat for first place they will be deemed to have filled the first two positions thus resulting in two winning combinations. The net pool will be divided into two equal parts and one half will be divided by the stakes on one winning combination while the other half will be divided by the stakes on the other winning combination. The same principle applies if three or more horses dead heat for first place or if two or more horses dead heat for second place. Should a combination be unbacked, then the pool will be carried forward to the next appropriate races as decided by totesport.

Totetrifecta
To win the totetrifecta requires the selection of the first, second and third in correct order in a race of 8 or more runners nominated daily by totesport.

Bets for Straight, Combination or Win Banker entries or multiple entries are accepted up to the "off" of the race concerned - see details below.

Totetrifecta bets operate on selected races of 8 or more runners. A Straight totetrifecta bet requires you to select the first, second and third horses in the correct order. Un-named selections, e.g. Favourite, are not accepted in totetrifecta bets. totetrifecta bets where the field is reduced to less than 5 runners before coming under Starter's Orders will be void.

Totetrifecta bets that include a non-runner will be void.

If only two horses finish a totetrifecta race, the dividend will be declared on the first and second, in correct order, with any other runner. If only one horse finishes, the dividend will be declared on that horse with any other runner for second and any other runner for third.

If there are no winning combinations, then the pool will be carried forward to the next appropriate totetrifecta race as decided by totesport. If the pool is part won, the balance of the pool will be carried forward to the next appropriate totetrifecta race as decided by totesport.

Stakes : Single entries are accepted with a minimum unit stake of £1, rising thereafter in multiples of 10p. Permutation entries are accepted with a minimum unit stake of 10p rising in multiples thereafter of 10p provided a minimum of £1 is staked. Returns will be paid in accordance with the official dividend.

A Combination totetrifecta bet requires you to select the first, second and third horse in any order in a totetrifecta race. Any number of horses from 3 upwards may be selected. totetrifecta bets where the field is reduced to less than 5 runners before coming under Starter's Orders will be void. Within the Combination any individual totetrifecta bet containing a non-runner will be void but the others will stand.

Stakes: Combination entries are accepted with a minimum unit stake of 10p rising in multiples thereafter of 10p provided a minimum of £1 is staked Returns will be paid in accordance with the official dividend.

A Banker totetrifecta bet requires you to select the winner of a totetrifecta race and allows you to make multiple selections for which you think will finish second and third. totetrifecta bets where the field is reduced to less than 5 runners before coming under Starter's Orders will be void. Within the Banker Permutations any individual totetrifecta bet containing a non-runner will be void but the others will stand.

Stakes : Permutation entries are accepted with a minimum unit stake of 10p, rising in multiples thereafter of 10p, provided a minimum of £1 is staked. Returns will be paid in accordance with the official dividend.

Totetrifecta pool - in the event of a dead heat or dead heats resulting in more than one winning combination, the net pool shall be divided into as many equal portions as there are possible winning combinations. Each portion shall then be divided by the winning stakes on the respective combination.

Totejackpot
Totejackpot bets take place daily at one selected meeting. The aim is to select the winners of all 6 totejackpot races at the totejackpot meeting. The totejackpot races are always races 1 - 6 unless otherwise stated.

Bets must be placed no later than 5 minutes before the first totejackpot race and dividends are declared after the last totejackpot race.

Stakes : Stake line entries are accepted with a minimum stake of £1, rising thereafter in multiples of 50p. Permutation entries are accepted with a minimum stake of 50p, rising thereafter in multiples of 50p, providing a minimum total of £1 is staked.

Horses can be selected by racecard number, horse name or un-named favourite. Should the racecard number of an overnight declared runner be allocated to a reserve horse, the reserve horse(s) will be re-numbered sequentially in line with totepool On Course Rules.

Should a totejackpot race become a walkover or a specified race is not run or is declared void, the pool(s) will operate on the remaining totejackpot races. In this event total stakes on permutation entries are applied in full to the remaining races.

Where a selection becomes a non-runner it will be replaced by the Starting Price favourite.

Where there are joint favourites, the joint favourite with the lowest racecard number will be taken. Should the favourite be withdrawn before coming under Starters Orders and too late for a new favourite to be made, the horse returned at the next shortest price will be taken. Where two or more horses are returned at the next shortest price, the one with the lowest racecard number will be taken. If no Starting Price is returned the first actual runner quoted in the Racing Post betting forecast will be taken. Should the Racing Post not publish a betting forecast, settlement will be made in line with totepool On Course Rules. In the event of a totejackpot pool being cancelled bets for the pool concerned will be void.

The totejackpot requires the selection of the winners in all of the six-totejackpot races at the nominated daily totejackpot meeting. A horse which dead heats for first place will count as a winner. If an incorrect meeting is stated, bets will be settled on the actual totejackpot meeting.

Selections must be nominated by their racecard numbers preceded by the race number or the un-named favourite. Should the racecard number of an overnight-declared runner be allocated to a reserve horse, the reserve horse(s) will be re-numbered sequentially in line with totepool Rules.

Should a selection be omitted or becomes a non-runner, the Starting Price favourite will be substituted. Where there are joint favourites, the joint favourite with the lowest racecard number will be substituted. Should the favourite be withdrawn before coming under Starters Orders and too late for a new favourite to be made, the next shortest price horse will be substituted. Where two or more horses are returned at the next shortest price, the one with the lowest racecard number will be substituted. If no Starting Price is returned the first actual runner quoted in the Racing Post betting forecast will be substituted.

In the event of a totejackpot pool being cancelled, bets will be void.

Dead heats for first place count as equal winners in the totejackpot.

Single line bets with stakes of less than £1 and unit stakes of permutation bets less than 50p or the part of a unit stake not a multiple of 50p will be void.


Toteplacepot
Toteplacepot bets take place daily at every British race meeting. The aim is to select a placed horse (a horse on which a toteplace dividend would normally be declared) in all 6 toteplacepot races at your selected meeting. The toteplacepot races are always races 1 - 6 unless otherwise stated.

Bets must be placed no later than 5 minutes before the first toteplacepot race and dividends are declared after the last toteplacepot race.

Stakes : Single line entries are accepted with a minimum stake of £1, rising thereafter in multiples of 10p. Permutation entries are accepted with a minimum stake of 10p, rising thereafter in multiples of 10p, providing a minimum total of £1 is staked.

Horses can be selected by racecard number, horse name or un-named favourite. Should the racecard number of an overnight declared runner be allocated to a reserve horse, the reserve horse(s) will be re-numbered sequentially in line with totepool On Course Rules.

Should a toteplacepot race become a walkover or a specified race is not run or is declared void, the pool(s) will operate on the remaining toteplacepot races. In this event total stakes on permutation entries are applied in full to the remaining races.

Where a selection becomes a non-runner it will be replaced by the Starting Price favourite.

Where there are joint favourites, the joint favourite with the lowest racecard number will be taken. Should the favourite be withdrawn before coming under Starters Orders and too late for a new favourite to be made, the horse returned at the next shortest price will be taken. Where two or more horses are returned at the next shortest price, the one with the lowest racecard number will be taken. If no Starting Price is returned the first actual runner quoted in the Racing Post betting forecast will be taken. Should the Racing Post not publish a betting forecast, settlement will be made in line with totepool On Course Rules. In the event of a toteplacepot pool being cancelled bets for the pool concerned will be void.

The toteplacepot requires the selection of a placed horse on which a totepool Place dividend would normally be declared or where due to insufficient runners no Place pool is operated, the winner of the race, in all of the six-toteplacepot races at a nominated meeting.

Where the race meeting is not specified or we are unable to identify the intended meeting, toteplacepot bets will be settled on the principal meeting as published in the Racing Post.

Selections must be nominated by their racecard numbers preceded by the race number or the un-named favourite. Should the racecard number of an overnight-declared runner be allocated to a reserve horse, the reserve horse(s) will be re-numbered sequentially in line with totepool Rules.

Should a selection be omitted or becomes a non-runner, the Starting Price favourite will be substituted. Where there are joint favourites, the joint favourite with the lowest racecard number will be substituted. Should the favourite be withdrawn before coming under Starters Orders and too late for a new favourite to be made, the next shortest price horse will be substituted. Where two or more horses are returned at the next shortest price, the one with the lowest racecard number will be substituted. If no Starting Price is returned the first actual runner quoted in the Racing Post betting forecast will be substituted.

In the event of a toteplacepot pool being cancelled, bets for the pool(s) concerned will be void.

Dead heats for first and other places count as equal winners in the toteplacepot pool.

Single line bets with stakes of less than £1 and unit stakes of permutation bets less than 10p or the part of a unit stake not a multiple of 10p will be void.

Totequadpot
Totequadpot bets take place daily at every British race meeting. The aim is to select a placed horse (a horse on which a toteplace dividend would normally be declared) in 4 totequadpot races at your selected meeting. The totequadpot races are always races 3 - 6 unless otherwise stated.

Bets must be placed no later than 5 minutes before the first totequadpot race and dividends are declared after the last totequadpot race.

Stakes : Single line entries are accepted with a minimum stake of £1, rising thereafter in multiples of 10p. Provided that a £1 minimum stake has been spent, permutation entries will be accepted with stake units of 10p, 20p, 25p, 30p, 40p, and 50p.

Horses can be selected by racecard number, horse name or un-named favourite. Should the racecard number of an overnight declared runner be allocated to a reserve horse, the reserve horse(s) will be re-numbered sequentially in line with totepool On Course Rules.

Should a totequadpot race become a walkover or a specified race is not run or is declared void, the pool(s) will operate on the remaining totequadpot races. In this event total stakes on permutation entries are applied in full to the remaining races.

Where a selection becomes a non-runner it will be replaced by the Starting Price favourite.

Where there are joint favourites, the joint favourite with the lowest racecard number will be taken. Should the favourite be withdrawn before coming under Starters Orders and too late for a new favourite to be made, the horse returned at the next shortest price will be taken. Where two or more horses are returned at the next shortest price, the one with the lowest racecard number will be taken. If no Starting Price is returned the first actual runner quoted in the Racing Post betting forecast will be taken. Should the Racing Post not publish a betting forecast, settlement will be made in line with totepool On Course Rules. In the event of a totequadpot pool being cancelled bets for the pool concerned will be void.

The totequadpot requires the selection of a placed horse on which a totepool Place dividend would normally be declared or, where due to insufficient runners no Place pool is operated, the winner of the race, in all of the last four-toteplacepot races at a nominated meeting.

Where the race meeting is not specified or we are unable to identify the intended meeting, totequadpot bets will be settled on the principal meeting as published in the Racing Post.

Selections must be nominated by their racecard numbers preceded by the race number or the un-named favourite. Should the racecard number of an overnight-declared runner be allocated to a reserve horse, the reserve horse(s) will be re-numbered sequentially in line with totepool Rules.

Should a selection be omitted or becomes a non-runner, the Starting Price favourite will be substituted. Where there are joint favourites, the joint favourite with the lowest racecard number will be substituted. Should the favourite be withdrawn before coming under Starters Orders and too late for a new favourite to be made, the next shortest price horse will be substituted. Where two or more horses are returned at the next shortest price, the one with the lowest racecard number will be substituted. If no Starting Price is returned the first actual runner quoted in the Racing Post betting forecast will be substituted.

In the event of a totequadpot pool being cancelled, bets for the pool(s) concerned will be void.

Dead heats for first and other places count as equal winners in the totequadpot pool.

Single line bets with stakes of less than £1 and unit stakes of permutation bets less than 10p or the part of a unit stake not a multiple of 10p will be void.

Totescoop6
A totescoop6 bet is available each week across six Saturday races, referred to as legs, designated by totesport. The legs may be from one or more race meetings that day.

Rules Summary
The lowest level of selection is one line of six horses, one in each leg, which costs the minimum unit stake of £2. However, any number of horses in each leg can be selected to make a permutation with each line of the permutation costing £2.

Bets must be placed no later than 5 minutes before the first of the six totescoop6 legs goes "off".

Each £2 stake unit goes into a central pool where it is divided into a Win Fund, a Place Fund and a Bonus Fund in the ratio of 7:4:3 respectively.

The Win Fund dividend is won by all players who have selected all six winning horses and each winner of the Win Fund is eligible to register, via the Bonus Race Hotline (see Rules Detail for telephone number), to qualify and play for the Bonus Fund the following Saturday.

The Place Fund dividend is paid to all players who have selected a horse placed in each of the six legs.

The Bonus Fund dividend is won by any player who, having won the Win Fund and subsequently registered to qualify, selects the winner of the totepool nominated Bonus Fund race on the following Saturday.

Rules Detail
Selection
Selections for each of the totescoop6 legs must be indicated by their racecard number, horse name or the un-named favourite. Should the racecard number of an overnight-declared runner be allocated to a reserve horse, the reserve horse(s) will be re-numbered sequentially in line with totepool On Course Rules.

Starting Price Favourite
Should a selection be omitted or become a non-runner, the Starting Price favourite will be substituted. Where there are joint favourites, the joint favourite with the lowest racecard number will be taken.

Should the favourite be withdrawn before coming under Starters Orders and too late for a new favourite to be made, the horse returned at the next shortest price will be taken. Where two or more horses are returned at the next shortest price, the one with the lowest racecard number will be taken. If no Starting Price is returned the first actual runner quoted in the Racing Post betting forecast will be taken. Should the Racing Post not publish a betting forecast, settlement will be made in line with totepool On Course Rules.

Win Fund
To win a dividend from the Win Fund, the winning horse in each of the day's designated totescoop6 legs must be correctly selected. If there is no outright winner of the Win Fund, the respective portion of the pool will be rolled over to the next totescoop6 Win Fund as decided by the tote.

Win Fund winners having correctly selected each of the six winners of the totescoop6 legs qualify to compete in the Bonus Fund, see below, provided they register with the totescoop6 Bonus Race Hotline within the required deadline.

Place Fund
To win a dividend from the Place Fund, a horse on which a toteplace dividend would normally be declared must be selected in each of the day's nominated totescoop6 legs or where due to insufficient runners no Place pool is operated on a totescoop6 leg, the horse winning that leg must be selected. If there is no outright winner of the Place Fund, the respective portion of the pool will be rolled over to the next totescoop6 Place Fund as decided by totesport.

Bonus Fund
To win a dividend from the Bonus Fund the winning horse of the Bonus Race nominated by the tote must be correctly selected.

Those eligible to participate for the Bonus Fund must call the Bonus Race Hotline (0800 028 4418) to register as a Bonus Race qualifier before 6pm on the Thursday prior to Saturday's nominated Bonus Race. Failure to register will result in the claimant being unable to compete in the Bonus Fund. Claimants should also state if they have more than one winning line as they will be entitled to one entry per winning line.

Qualifiers who register to play for the Bonus Fund may be asked to agree to full media publicity. Qualifiers who agree to media publicity may be requested by totesport to appear at a racecourse or other venue in which case totesport will arrange and pay for reasonable transport and accommodation costs.

If there are no registered qualifiers for the Bonus Fund or no registered qualifier selects the winner of the Bonus Race, the Bonus Fund will be rolled over to future totescoop6 Bonus Fund(s) as decided by totesport.

The nominated Bonus Race will be announced by 12.30pm on the Friday prior to the Bonus Race and registered qualifiers must call the Bonus Race Hotline (0800 028 4418) again between 12.30pm and 6pm that Friday or on Saturday between 9am and one hour before the advertised "off" of the Bonus Race to place their bet selection (or selections if they have more than one winning line).

It is the responsibility of registered qualifiers to register their selections on the Bonus Race Hotline (0800 028 4418). In the event of a selection not being received before the required time, the Starting Price favourite, in accordance with the selection rules above, will be allocated.

Should a Bonus Race bet selection become a non-runner, registered qualifiers will have the option up to 30 minutes prior to the advertised "off" of the Bonus Race to make a new selection. Should no new selection be received or should a selection become a non-runner less than 30 minutes before the advertised "off-time" of the Bonus Race, then the Starting Price favourite, in accordance with the selection rules above, will be allocated.

In the event of the nominated Bonus Race not taking place or being declared void for any reason, totesport reserves the right to nominate an alternative race on the same or a future day as the Bonus Race.

In the event of a totescoop6 leg being declared void, the totescoop6 will operate on the remaining legs. Should totescoop6 be decided on less than six legs the Bonus Fund will not operate and that day's Bonus Fund (excluding any carry-over, which will be rolled over to future Bonus fund(s)) will be divided equally between the Win Fund and Place Fund.

Dead Heats
Dead heats for first place count as equal winners in regard to the totescoop6 win and totescoop6 Bonus Prize Funds.

Dead heats for first and other places count as equal winners in the totescoop6 place fund.

Totedistance
A totedistance win pool will operate on races nominated and advertised by totesport.

The race(s) will appear on totesport.com as a separate meeting called totedistance, and will be numbered in chronological order according to the advertised race time.

For each totedistance win pool, the totedistance result for the race will be the winning distance or range that the official winning distance between 1st and 2nd placed horses, matches or falls within. The official distance between the 1st and 2nd placed horses is that given at the nominated racecourse subject to the weighed-in announcement.

The totedistance selections and ranges, between the 1st and 2nd placed horses, will be as follows:

Distance 1 = Dead Heat
Distance 2 = Short Head
Distance 3 = Head
Distance 4 = Neck
Distance 5 = 1/2L
Distance 6 = 1/4L
Distance 7 = 1L
Distance 8 = 1,1/4L
Distance 9 = 1,1/2L
Distance 10 = 1,3/4L
Distance 11 = 2L
Distance 12 = 2,1/2L - 3L
Distance 13 = 3,1/2L - 4L
Distance 14 = 5L - 6L
Distance 15 = 7L - 8L
Distance 16 = 9L - 10L
Distance 17 = 11L - 15L
Distance 18 = 16L - 20L
Distance 19 = 21L - 30L
Distance 20 = Over 30L
To qualify for a dividend in the totedistance win pool, the correct totedistance selection between the 1st and 2nd placed horses, must be chosen, subject to the weighed-in announcement.

If there is no outright winner, or if there is a part winner, the balance of the pool will be carried forward to the next totedistance win pool as determined by totesport.

If there is only 1 finishing horse or the official winning distance is declared as a "Distance", the totedistance result will be given as "Over 30L".

If there are no finishing horses, the races" totedistance win pool will be declared void, and stakes refunded.

If an official winning distance between the 1st and 2nd placed horses is not announced on the nominated racecourse, that totedistance win pool will be declared void, and stakes refunded.

If a totedistance race is declared void, becomes a Walk Over or is not run, all totedistance win pool bets for this race will be declared void, and stakes refunded.

In the event of a Dead Heat for 2nd place, only one totedistance dividend will be declared.

If there is an objection or Steward's Enquiry that changes the result, the official winning distance between the 1st and 2nd placed horses of the amended result will be used to determine the winning totedistance result.

Once the weighed-in has been announced, the declared totedistance selection will stand, regardless of any subsequent alteration.

Normal totewin deduction rates, stake rules, dividend calculation, minimum dividend rules and payment of winnings rules apply.

All other totewin pool rules apply, unless qualified above.

All totedistance bets will be settled at totepool returns.

Totefinish
A totefinish win pool will operate on races nominated and advertised by totesport.

The race(s) will appear on a separate meeting called totefinish, and will be numbered in chronological order according to the advertised race time.

For each totefinish win pool, the totefinish selection for that nominated race will be the predicted official number of finishers that have officially completed the course, as declared at the nominated racecourse, subject to the weighed-in announcement.

To qualify for a dividend in the totefinish win pool, the correct number of finishers must be selected.

If there is no outright winner, or if there is a part winner, of the totefinish win pool, the pool, or balance of the pool, will be carried forward to the next totefinish win pool as determined by totesport.

In the event that there are no finishing horses, the official number of finishers is not announced on the nominated racecourse, or the totefinish race is declared void, becomes a Walk Over or is not run, totefinish win pool bets for this race will be declared void.

Any totefinish selection that cannot be achieved, either due to field size or non-runners, will be refunded.

Once the weighed-in has been announced, the declared totefinish selection will stand, regardless of any subsequent alteration.

Other than the above, normal totewin rules, including deduction rates, stake rules, dividend calculation and minimum dividend rules, and payment of winnings rules apply to totefinish bets.

All other totewin pool rules apply, unless qualified above.

All totefinish bets will be settled at totepool returns.

Pool deductions
From the total amount staked, each pool is subject to a deduction as follows:

totewin deduction 13.5% net pool = 86.5% of stakes.
toteplace deduction 18% net pool = 82% of stakes.
toteexacta deduction 24% net pool = 76% of stakes.
totetrifecta deduction 29% net pool = 71% of stakes.
totejackpot deduction 29% net pool = 71% of stakes.
toteplacepot deduction 27% net pool = 73% of stakes.
totequadpot deduction 26% net pool = 74% of stakes.
totescoop6 deduction 30% from each pool net pool = 70% of stakes.

Bets at totepool returns are accepted in Singles only for Win, Place or Each-Way. Multiple bets at totepool returns are not accepted and in the event of being accepted in error, win or each-way bets will be settled at Starting Price while Place Only bets will be void.

In the event of a totepool dividend not being declared, Win or Place bets at totepool returns will be settled at Starting Price.

Should a Starting Price not be returned, bets at Starting Price will be settled at totepool returns.
UK Betting Terminology Explained Video (by comedian leon kay)


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Posted at 17:02, Wednesday, March 28, 2007 by the Sandracer.

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Dutching Guide - How To Dutch A Bet

Dutching

Dutch Schultz aka Arthur Flegenheimer allegedly originated the dutching bet strategy. Alternatively, there is a train of thought that dutching originates from the term going dutch, where people share the price of a meal or a round of drinks.

"Dutching" in betting terms, is when a punter places more than one selection in a race, or any fixed odds betting medium, to glean the same amount of profit from any winner.

Not to be confused with a "Dutch Book", which is the description used when a bookmaker bets overbroke in any race or betting event. An overbroke book means no matter what wins, the bookie will lose on the event.

How To Dutch A Bet
Bet £2.00 stake on a 2/1 shot = Returns of £6.00
Bet £1.00 stake on a 5/1 shot = Returns of £6.00
Stake Total = £3.00 - Maximum Possible Return = £6.00

♠ Either of the above bets win = a profit of £3.00

Dutching A Bet Calculators
Oddschecker.com Dutching Calculator
Gambling Systems Dutching Calculator
Betcalc.com Dutching Calculator
Another Dutching Calculator
Download Your Own Dutching Calculator To A PC

Dutching Guides & Information
Dutching Wiki Information Webpage
# Last Page Update: (Tues, 20 Apr, 2010)

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Posted at 19:37, Tuesday, March 27, 2007 by the Sandracer.

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Tic Tac - Bookies Secret Betting Language

Tic Tac, or Tic Tack Betting

"Tic Tac" is the language once used by rails bookmakers and bookies runners(staff) to secretly communicate between each other quickly, without the punter hearing and understanding what is going on between the odds compilers. A horses odds price movement in the betting ring can be valuable information to a gambler, especially trackside, if one can get the information early.

A quite difficult language to learn, especially the hand signals I gather. I can't say I have ever donned the white gloves atop a wooden box to try tic tacking myself though. The tic tac hand signals are further encoded by the use of a twist card, which individual bookmakers & layers used to use to mix up the racehorse runners and racecards, to keep their information secret from other betting firms.

Tic Tac is very rarely used by betting shops or rails bookies these days, the technological age of hendheld computers and mobile phones has diminished the use of tic tacking dramatically. I guess the main proponent of tic tac that most punters will be aware of is John McCririck, seen live on Channel 4 racing. Rails Bookie Barry Dennis still tic tack's, but even he utilises computers more and more, as evidenced by the fact Dennis runs a website.

Tic Tac Betting System
You may be looking for information regarding a "tic tac betting system" you've heard a whisper about, more commonly known as, or similar to Martingale.

The tic tac betting system is simply following favourites at any given meeting. You bet more and more on each race on the favourite, adjusting stakes accordingly, dependant on the odds, every time trying to win a set amount, say £100, including previous losses.

Don't bother. There is no system to beat the house edge. You'll win for a bit, then you'll do your money when no favourite wins, or you can't get a bet on for stupid stakes in the last race on a 1/4 shot in a maiden.

Tic Tac - Betting Slang Words
Rock Cake - Tic Tac slang for a small bet.
Monkey - Tic Tac slang for £500.
Kite - Tic Tac slang for a cheque.
Knock - Tic Tac slang for to owe money and not pay up.
Beeswax - Tic Tac slang for Tax.
Jolly - Tic Tac slang for a favourite.
Tic Tac - Bookies Odds
Evens, Levels
11/10, Tips
6/5,   Sais A Ching
5/4,   Wrist
11/8, Up the Arm
6/4,   Ear 'Ole
7/4,   Shoulder
15/8, Double Tops
2/1,   Bottle
9/4,   Top of the head
5/2,   Face
11/4, Elef a Vier
3/1,   Carpet
10/3, Burlington Bertie
4/1,   Rouf (four spelt backwards)
5/1,   Hand
9/2,   On the Shoulders
6/1,   Exes
7/1,   Neves (seven spelt backwards)
8/1,   T.H
9/1,   Enin (nine spelt backwards)
10/1, Cockle or Net (ten spelt backwards)
11/1, Elef
12/1, Net and Bice
14/1, Net and Rouf (10 and 4 spelt backwards)
16/1, Net and Ex
20/1, Double Net
25/1, Macaroni
25/1, Pony
33/1, Double Carpet
100/1, Century

Tic Tac Hand Signals, Slang & Further Info
Barry Dennis's Tic Tac Guide (via archive.org)
BBC Tic Tac Guide - View Some Hand Signals Here
Tic Tac Wiki Information Webpage
Secret Systems - Tic Tac Slang Words
Guardian - Barry Dennis - How To Be A Tic Tac Man
Tick Tack Man Don Butler Explains A Few Things (via archive.org)

Last Page Update: Sat Apr 20, 2024

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Posted at 00:26, by the Sandracer.

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