How are double bets calculated?

How does a doubles bet work?

What is a Double Bet? A double bet is the most easy-to-understand multiple bets on offer. It’s just two different bet selections combined into one bet. If your betting double succeeds, you win and receive a payout – better than you could expect from placing two separate single bets on the same selections.

How does a double work in a wager?

A double bet is the most simple and straightforward multiple bet available. As the name suggests, it is simply two different selections bundled together into one bet. If the bettor makes two winning selections, they win and get a greater payout than they would if they have just placed two separate single bets.

How are each way doubles calculated?

Example of Each Way Double Betting

  1. WIN: $50 at 14/1 pays $750 ($50 x 14 =£70 + your $50 stake back).
  2. PLACE: 1/4 of 14/1 is 3.5/1, meaning the place part of the bet is paid as $50 (plus $750 from the first win) at 3.5/1 = £2850 ($800 x 3.5 = $2800 + your $50 stake back).

How do trifectas work?

In horse racing or greyhound racing, a Trifecta bet is when you place a bet on the three horses which you think will finish the race first and second and third, in a specific order. If they finish in the correct order you win, and you can win big!

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What is a double wager?

The double bet is one of the most simple forms of a multiple that a punter can place and it is made up of two outright/single bets with the odds combined together into one. It is a popular way of betting for many across the world. To win a double bet, both selections must be successful.

What is a double result bet?

When you place a double result bet, you are betting on two outcomes in one match with one stake. A double bet is a single betting option that combines the score of a game at half-time and the score at the end of the game. Assuming the half-time bet wins, the stake is then carried over to the second bet.

How does a Daily Double work?

DAILY DOUBLE: When a Contestant chooses a clue that is a Daily Double, before the clue is read, the Contestant must decide how much money they are going to wager (you cannot wager more than you have, and it must be in units of $200.) If the response is correct, the Contestant is awarded the amount wagered.

Is each way double a good bet?

The Each Way Double. The each way double bet can produce good returns even if the odds are small; especially if 1/4 odds are offered on the place part. If you backed a horse each way at 3/1 you would lose money but combine 2 of them in an e.w. double and you begin to start making money.

What does each way 1/5 mean?

Each Way Terms with a Non Runner – 3 places at 1/5 odds

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This means you will be paid for your win part of your bet at the odds chosen when you placed the bet and for the place part of your bet at 1/5 of your odds.