What is a Single bet?
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Have you ever been confused about the tips that you’ve seen and thought to yourself ‘What is a Single bet?’ Have a read of our explanation below.
A Single bet is the most common bet type and also the most simple. A Single bet is one based on a single outcome. With Horse Racing, for example, you can place Win Singles and Each Way Singles. Unsure what an Each Way bet is? No problem, we’ve written a guide to explain how an Each Way bet works.
Win Single bet example
Throughout the betting guide, we’ve used Kauto Star at 5/1 in multiple places. We’ll stick with that theme for this example.
If you were to place a £10 Win Single on Kauto Star to win at 5/1 and he won, your returns would be calculated as follows:
Returns if Kauto wins
A £10 Win Single would be calculated as follows:
£10 x (5/1 + 1) = £60 return or £50 profit
Note: if you prefer decimal odds, it would be £10 x 6 = £60
Returns if Kauto finishes second or below
Returns would be nothing as the single selection you placed did not win. This is different in an Each Way bet.
In Form Tipster (August)
In Form Tipster (August):
Cotswold Racing
Key stats:
|
Points profit: |
32.00 |