Win

A single bet backing a horse to finish first in the race.

Each-Way

For an each-way bet the stake is effectively split into 2, with half the stake bet on the horse to win the race and the other half bet on the horse to be placed. Example : A £5 each-way bet will mean £5 bet on the horse to win and £5 bet on the horse to be placed, giving a total stake for the bet of £10. The odds on the place part of the bet will be either 1/4 or 1/5 of the win bet odds, depending upon the type of race and number of runners:

Non-Handicap Races

• 5 - 7 Runners: 1/4 odds finishing 1st or 2nd
• 8 or more Runners: 1/5 odds first 3 places

Handicap Races

• 5 - 7 Runners: 1/4 odds finishing 1st or 2nd
• 8 - 11 Runners: 1/5 odds first 3 places
• 12 - 15 Runners: 1/4 odds first 3 places
• 16 or more Runners: 1/4 first 4 places

Each-way bets are not generally accepted on races where there are less than 5 runners.

Place Only

There are some bookmakers, betting exchanges and the tote that allow you to bet just on a horse being placed in a race (similar to each-way betting above, but without the win part of the bet). Usually for this type of race they will offer specific odds for the horse being placed, rather than being a fraction of the win odds of the horse. The bet will pay-out the same if the horse wins the race as it will if the horse is placed.

Double

A bet on 2 horses in separate races, where the winnings from the first race automatically carry forward to horse in the second race. In order for the bet to win, both horses must win the race.

Each-way Double

Consists of 2 bets - 1 for both horses to win and 1 for both horses to be placed. So if 1 horse wins and the other 1 is only placed, the win part of the bet will be lost and only the place part would be a winning bet.

Treble

Similar bet type to a double, but instead betting on 3 horses in 3 separate races. In order for the bet to win, all 3 horses must win the race.

Accumulator

Again a similar bet to a double, but backing 4 or more horses in separate races. All horses must win for it to be a winning bet.

Picking the winning horse in multiple races can be very difficult, but the combined odds of all the selections get multiplied up, so the pay-outs can get rather large. Due to the risks involved, most people consider an accumulator as a fun bet and keep stakes to a minimum.

Trixie

A wager on 3 horses in 3 races, consisting of 4 separate bets; 3 doubles and 1 treble.

Yankee

A wager on 4 horses in 4 races, consisting of 11 separate bets; 6 doubles, 4 trebles and 1 fourfold accumulator.

Canadian or Super Yankee

A wager on 5 horses in 5 races, consisting of 26 separate bets; 10 doubles, 10 trebles, 5 fourfolds and 1 fivefold accumulator.

Heinz

A wager on 6 horses in 6 races, consisting of 57 separate bets; 15 doubles, 20 trebles, 15 fourfolds, 6 fivefolds and 1 sixfold accumulator.

Super Heinz

A wager on 7 horses in 7 races, consisting of 120 separate bets; 21 doubles, 35 trebles, 35 fourfolds, 21 fivefolds, 7 sixfolds and 1 sevenfold accumulator.

Goliath

A wager on 8 horses in 8 races, consisting of 247 separate bets; 28 doubles, 56 trebles, 70 fourfolds, 56 fivefolds, 28 sixfolds, 8 sevenfolds and 1 eightfold accumulator.

Patent

A similar wager to the Trixie, but also backing each horse as a single bet, giving 7 bets in total; 3 singles, 3 doubles and 1 treble.

Lucky 15

A similar wager to the Yankee, but also backing each horse as a single bet, giving 15 bets in total; 4 singles, 6 doubles, 4 trebles and 1 fourfold accumulator.

Lucky 31

A similar wager to the Canadian, but also backing each horse as a single bet, giving 31 bets in total; 5 singles, 10 doubles, 10 trebles, 5 fourfolds and 1 fivefold accumulator.

Lucky 63

A similar wager to the Heinz, but also backing each horse as a single bet, giving 63 bets in total; 6 singles, 15 doubles, 20 trebles, 15 fourfolds, 6 fivefolds and 1 sixfold accumulator.

Straight Forecast

A wager backing 2 horses in the same race to finish 1st and 2nd in the correct order.

Reversed Forecast

A wager backing 2 horses in the same race to finish 1st and 2nd in either order. It is the same as backing two straight forecasts. E.g. Backing horses A and B, with A to finish 1^st, B to finish 2^nd and B to finish 1^st, A to finish 2^nd.

Combination Forecast

A wager selecting 3 or more horses, in the same race, in order to back two to finish 1st and 2nd in the correct order. So backing 3 horses would require 6 bets (A-B, B-A, A-C, C-A, B-C, C-B), 4 horses 12 bets, 5 horses 20 bets, etc.

Tricast

A wager backing 3 horses in the same race to finish 1st, 2nd and 3rd in the correct order. Accepted on horse races where 8 or more horses are declared and at least 6 run.

Combination Tricast

A wager selecting 3 or more horses, in the same race to finish 1st, 2nd and 3rd in the correct order. So backing 3 horses would require 6 bets (A-B-C, A-C-B, B-A-C, B-C-A, C-A-B, C-B-A), 4 horses 24 bets, 5 horses 60 bets, etc.