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Betfair odds betHorse racing master > Betfair > Betfair odds > Betfair odds bet
If you want to start your online betting career, probably the best way to go about it is the Betfair odds bet. Their odds are said to be 20% better on average than anywhere else. Fixed odds betting has always been a popular way to bet and you have the possibility of doing it in many different ways. For example, it can be as simple as backing a winner at fixed odds. For example, if you think Fernando Alonso is going to win the next grand prix, you back him for £10 at 5/1. If he wins, he also makes you richer with 50£ plus your original £10 stake. Another popular odds bet is the “each way”. Here, you have the possibility to split your bet between two different options, which are win and only and place only. For example, if you decide to place a £5 bet each-way on a particular horse rated at 10/1, you would actually bet £10: £5 on a win and £5 on a place. In the eventuality that the horse wins, you get 10 x £5 plus the £5 stake back. You also win your place section of the bet. Assuming that the odds for the place are a quarter of the ones for win only you also win 2.5 x £5 plus the original stake back (£12.50 + £5 = £17.50) – 10/4 = 2.5. Also, you have the possibility on betting on two or more outcomes. This is called multiple betting. So let’s say you choose a double and you manage to win the first part of your bet. In this case, your return (actual profit + original stake) will be multiplied by the second part’s odds of the bet. The multiple bets can be doubles, trebles, and many other multiples. If you want your bet to be successful, all the parts of your multiple bet need to be winners. Another fixed odds bet is the double result bet. There are also many variations, like the First/last scorer, Scorecast (when you manage to predicting score and scorer). Another type of bet, Unders/Overs is where the odds are offered. For example, in a football match, a bet like this can be more than two goals, less than two goals or two goals exactly. All the fixed odds are placed by punters who either back or lay an event. You have the possibility of choosing the fixed odds that you wish to play. You can also do this during an event. The betting will not stop ten minutes before the final whistle, it will go on until the final whistle comes. Betfair odds bet is the most popular way of betting against an outcome happening at fixed odds. |
