Betting Explained
What is a double?

Recommended bookies & sportsbooks

 

Best for UK, European & most nations:

Bet365 Online Bookmaker

 

Best For Americans:

BetUS Sportsbook

 

Best For residents of Asia and Hong Kong:

IASbet Online Betting

 

The glossary of Betting Terms

 

Search the menu below:

Do a 'Ctrl F' search on this page as a fast way to find the betting term you want explained.

 

Single Bets

What is a Win Bet?

What is a Place Bet?

What is a Show Bet?

What is a Single Bet?

What is an each-way bet?

 

Place Terms

What are place terms?

How are place terms decided for UK horse racing?

What if I bet Each-Way and the event becomes Win Only?

 

Multiple bets

What is a double?

What is a treble?

What is an accumulator (or acca)?

What is a parlay?

What is a Teaser bet?

What is a Patent or Twist?

What is a Trixie?

What is a Yankee?

What is a Lucky 15?

What is a Super Yankee?

What is a Lucky 31?

What is a Heinz?

What is a Lucky 63?

What is a Super Heinz?

What is a Goliath?

Scoop 6 Explained?

 

Forecasts:
What is a forecast?

What is a straight forecast?

What is a computer straight forecast or CSF?

What is a reverse forecast?

What is a combination forecast?

What is a tricast?

What is a combination tricast?

 

Types of betting odds

What is a Starting Price or SP bet?

What  are live shows or Board Prices?

What are Early Prices?

What is Fixed Odds betting?

What is Ante-Post betting?

What is Futures betting?

What is Tote betting?

What is Pool betting?

What is Pari-Mutuel betting?

 

Rule 4

What is Rule 4?

Can Rule 4 apply to anything other than horse or dog racing?

 

Dead-Heats

What are the Dead-Heat rules?

 

Other types of betting

Betting Exchanges explained?

 

A double bet is the simplest of the multiple bets. It is two selections in different events where both must win. i.e: Arsenal to beat Man Utd at 2/1 and Red Rum to win The Grand National horse race at 3/1.

If you have a £10 double (or whatever currency) all the winnings from the first selection rolls onto the second selection.

If they both win, in this example you win £20 from the first bet + £10 stake returned = £30. This £30 then goes onto Red Rum at 3/1. When that wins you receive 3 x £30 = £90 + your £30 stake back = £120. You have turned your £10 into £120 in this example.

Another way of looking at a double: Think of a double as two separate bets. Imagine you had a £10 bet on Arsenal to win their football match at 2/1. You get £30 when they win.

Then imagine that you put all that £30 on Red Rum at 3/1. You would get £120 back when the horse won.

A double bet is combining those actions into one bet.

What is a treble?

The same as a double but with three selections in different events. They must all win for you to win the treble bet.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
 
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