Horse racing is one of the most popular sports in the UK. Whether you are going for a day at the races or having a bet from home, there is always plenty of options to choose from. With so many races to take in it is worth considering different ways you can bet on the races to get the most enjoyment. Simply placing a single in every race would require you to outlay money for every bet. In this article we are going to cover some alternative markets you can bet on to spread your budget further when it comes to betting on horse racing.
Accumulators are one of the most common bets placed by punters. You pick several selections which all need to win for your bet to be successful. They can offer large returns for a small stake, and this is appealing to players. The downside of accumulators is when one of your picks doesn’t win your entire bet is then settled as a losing bet.
As an alternative to accumulators or single bets, combination betting allows you to bet on multiple selections with the security of the bet not ending just because one selection doesn’t win. A combination bet works by breaking down your total stake into smaller bets covering a variety of outcomes. As your stakes need to cover more options you must be aware of what each bet will cost you before placing. Let’s look at the types of bets you can use and what the stakes will look like for each.
|How it is broken down
|A bet made of three selections. The selections are covered by four different bets. 3 doubles and 1 treble.
4 x Stake
|3 different selections covered by 7 bets. 3 singles, 3 doubles and 1 treble.
|7 x Stake
|A bet made up of 4 selections, featuring 11 bets. six doubles, four trebles and a fourfold accumulator.
11 x Stake
|A bet covering 4 selections split into 15 bets. 4 singles, 6 doubles, 4 trebles and a four-fold accumulator.
|15 x Stake
|This covers 5 selections made up of 31 bets. 5 single bets, 10 doubles, 10 Trebles, 5 four-fold accumulators plus one five-fold accumulator.
|31 x Stake
|A combination of seven selections covered by 57 bets. 15 doubles, 20 trebles, 15 four folds, 6 five folds and a sixfold accumulator.
|57 x Stake
|A bet on 6 different selections covered by 63 bets. 6 singles, 15 doubles, 20 trebles, 15 four folds, 6 five folds and a six-fold accumulator.
|63 x Stake
|A bet consisting of 7 selections covered by 120 bets. 21 doubles, 35 trebles, 35 four folds, 21 five folds, 7 six folds and a sevenfold accumulator
|120 x Stake
|This consists of 8 different selections and is covered by 247 bets. 28 doubles, 56 trebles, 70 four folds, 56 five folds, 28 six folds, 8 seven folds and an eightfold accumulator.
|247 x Stake
As you can see there a many ways you can cover your selections using some of the bets above. The key with combination bets is understanding the stakes involved for the bets you are using.
Let’s say you wanted to place a bet in every race of a meeting. There may be seven races that day and you want to have a horse to cheer on in each of them. You could go through the race card and pick out 7 horses for the day. By placing a Super Heinz, you can back those 7 selections across 120 different bets. If you staked £0.10p per selection the total cost of the bet would be £12, not bad for a full day at the races.
Research – Betting should be enjoyable and exploring different ways of betting can help you get the most enjoyment from your betting. Make sure you research what types of bets are available to you when you have picked your selections. The dream of a big pay out from an accumulator can be appealing but the enjoyment can be short lived. By using a combination bet the big win maybe smaller but the enjoyment will be spread out for longer and there is definite value to be had in that.
Understanding Odds – Which such a wide selection of combination bets it is important you have a strong grasp of what each bet means. The table above is a good starting point as it breaks down the number of bets in each combination and also what that means for your stake.
Horse racing is incredibly and cheering on a horse you have bet on is part of that. These markets give you a different way to enjoy your betting for a relatively small outlay of your budget. Make sure you take a look at the table above as well as our other content at BettorMind to get the most out of your betting.
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