Betting return
Other conditions may also apply, such as minimum odds for each selection, or a minimum unit stake. Since there are a number of conditions that dictate whether a particular bet qualifies for a bonus, the Include Bonus option makes it easier for you to include, or exclude, the bonus settings from your calculations.
This can be done on a bet by bet basis, without needing to alter individual bonus settings, which are otherwise normally fixed for a particular bookmaker.
Featured Match Previews
Simply click the button with the relevant selection number to display a panel containing the less frequently used Rule 4Dead Heat and Joint Favourite options. For example, if a selection has lost, then Win Odds is not relevant, so that option is removed from the form. Win Odds can be entered in either FractionDecimal or American format, in accordance with the current odds format that can be changed via the Settings.
Total - the number of participants finishing in the same position. In the event of a double dead heat you should enter 2, and in the unlikely event of a triple dead heat you should enter 3. Places - the number of places being offered by your bookmaker for the event in which your selection is taking part. Position - the finishing position for the dead heat.
Gambling duties: spread betting return (BD211A)
If the dead heat is for first then you should enter 1, if the dead heat is for second then you should enter 2, etc. Total - the number of joint favourites, more accurately termed co-favourites if there are more than two.
Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Wager the Casino Bonus 40x to withdraw winnings. Free bet will expire 7 days after opt in. Wagering must be cleared within 60 days. Last updated: Bet of the Day Tip.
Featured Match Previews. Blackburn Rovers vs Preston North End. Sheffield United vs Rotherham United.
Crystal Palace vs Brighton. One can back an overall win, a particular score, a half-time lead, the outcome of an election, or many other results. A lay bet is taking the roll of the bookmaker and betting that a result will not occur -- basically the opposite of a back bet.
Lay bets are available with several betting exchanges including Betfair, Betdaq, Mansion, Betmate, and Ibetx, among others.
I recommend starting with Betfair.
Note that back and lay odds are rarely the same, like in the example above. The back odds are usually slightly below the lay odds. At the time I am writing this summary Betfair offers back and lay odds of 1. If the back odds were above the lay odds, then one could make a profit by betting on both outcomes.
Free bets may either return the initial stake or not return the initial stake. The EV is the same with the single free bet, but with matched betting there is a profit when the free bet loses, as well as when it wins. When making real bets, odds will rarely be so even or the same, and there will be commissions. This can make hand calculations complicated.
Instead, you can use the matched betting calculator. Most players would consider this small reduction in EV worth the greatly decreased variance.
However, there are other bonuses where the decision is not as obvious. Matched betting can also be quite useful with cashable bonuses or qualifying bets. Again you can reduce variance on these bets, so the average loss is similar on both outcomes.