What is a Jollies and rags bet?

In horse racing, jollies and rags is a betting market in which you bet on the winner coming either from one of the race favourites or from the rest of the field. Typically the favourites, or “jollies”, in jollies and rags betting include from one to three horses.

What is a Bipot bet?

BIPOT. Choose a horse, or horses, to finish FIRST or SECOND in each of the 6 races that comprise the BiPot (Legs 1 to 6). You can win the bet many times. Example: You choose one horse in each of Legs 1 to 3 and two horses in each of Legs 4, 5 and 6.

What is a Tricast bet365?

A tricast bet predicts the first, second and third finishers in an event in correct order, whereas combination forecasts pick the 1-2-3 in any order.

What are bet types?

Common Bet Types

  • Win Bets and Moneyline Bets. Win and moneyline bets are interchangeable. …
  • Totals and Over/Under Bets. …
  • Point Spread and Handicap Betting. …
  • Futures and Outright Bets. …
  • Proposition Bets and Specials. …
  • Parlays and Accumulators. …
  • Teasers and Pleasers. …
  • If Bets and Reverse Bets.

What is a placed bet?

A Place bet is a bet type that requires you to select a horse to finish in the placings (1st, 2nd or 3rd). Your runner can finish either 1st, 2nd or 3rd for a winning resulted bet. The number of runners in the field will determine the amount of placings that will be paid out.

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How much do you win on a place bet?

Place payoffs typically pay between $3.00 and $10.00, but can pay more with longshots and less with overwhelming favorites. Since the money you win in a place bet is generated by all of the money bet on the losing horses, the more horses in the race the greater your chances for a larger place payoff.

How does Pick 6 payout work?

The pick 6 wager actually has two payoffs, one for bettors who pick all six winners, and a smaller payoff for those who pick five out of six. The total pick 6 betting pool is divided by percentage between the two payouts, along the lines of 75% for the six-winner pool and 25% for the five-winner pool.

How much does a combination tricast cost?

A combination tricast is when you pick three horses to finish first, second, and third in any order. This is six bets, so it will cost you 6x your stake.

What odds do you get on a tricast?

This is how the 1/119 chance of winning a tricast is determined for a race with six runners: with just six selections, there are a total of 20 possible trebles (that is, 20 combinations of three horses that could finish the race first)

What type of bet is the best?

Betting Approach – What are the best types of bet to place on football and why ?

  • Back Away Teams – Man O Bong. …
  • Asian Handicaps – Arniehi. …
  • Both Teams To Score, Correct Score Multiplies and Accumulators – Arniehi. …
  • Over/Under Goals – Undertherobe. …
  • Both Teams To Score + Win multiples – Matija Krajnik. …
  • Round Up.
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What is the difference between BET and wager?

A wager is something deposited on the outcome of some event, while a bet is an agreement between two parties that some payout will occur based on the outcome of some event. That’s a fairly subtle difference, though – most people will just regard them as synonyms.

What is a 7 point teaser?

The more points used to tease lines, the less the payout will be. A six-point teaser might return 10-11, while a 6.5-point teaser only returns 10-12, and a seven-point teaser returns 10-13.

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