What does insure 2 places mean?

Asked by: Sheppard Ridpath

Insurebet does exactly as it says – it’s an insurance against your horse being beaten if your horse but finishes second (Insurebet 2 Place) or second or third (Insurebet 3 Place) then you get your stake back.

What does insure 2 mean?

A term referring to an event which has started and is in play. Insurebet. Usually offered to two or three places, Insurebet means that your selection is paid out if it win, but if it finishes 2nd or 3rd you will get your stake back.

What does 3 places mean in horse racing?

If the Each Way Terms are 3 places at 1/5, this is what happens: My horse is a winner. 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.

What is insure bet on Skybet?

Insure Bet
A price will be offered for the horse to win the race. If the horse finishes second, the stake will be returned. 3 places. A price will be offered for the horse to win the race. If the horse finishes second or third, the stake will be returned.

What does combo multis mean?

What is a Multi Bet? Multi Bets (also known as All Ups, Parlays or Accumulators) allow you to combine up to 25 different individual Bets into a single Bet, with each individual bet being referred to as a Leg. It is away of combining several selections into one bet.

What does 5 places mean in horse racing?

This means you can receive a return on your bet if your selection wins, but also if it just places. When placing an each way bet, you stake an amount on both the win and the place. So if you place £5 each way, you’ll be placing £5 on the win and £5 on the place, a total of £10.

What does each-way 4 places mean?

If the Each Way Terms are 4 places at 1/4, this is what happens: My horse is a winner. 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 1/4 of your odds.

What is a Goliath bet?

A Goliath bet consists of 247 equal bets on eight selections: 28 doubles, 56 trebles, 70 four-folds, 56 five-folds, 28 six-folds, eight seven-folds and one eight-fold. We explain how it works and when to use one below. At least two of your eight selections must be successful to get any return in a Goliath bet.

How does any 2 bet work?

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.

How do you win a combination bet?

In a combination bet, you place a separate stake on each selection. The combination bet may still be profitable even if one of the selections you’ve backed loses. Some of the bets within a combination bet typically take the form of multiple bets, such as doubles, trebles or accumulators.

Are single bets better?

Many sports betters, especially those new to the betting market, like using the single bet strategy because the stakes are often not as high as with a multiple bet. In a single bet strategy, you bet on one single outcome, and you either simply win or lose. With a multiple bet, you need all the pieces to align to win.

What does stake per combo mean?

A $1 stake per combo would equate to a $60 bet, a $2 stake would equate to a $120 bet, and so on. The use of flexi betting enables you to wager any dollar amount in-between. If you wish to wager $90, you can easily do so with a flexi bet.