A Heinz is a multi-bet that consists of 57 bets that cover 15 doubles, 20 trebles, 15 four-folds, 6 five-folds and a six-fold across six selections in different events. The term Heinz refers to the famous 57 varieties that the Heinz factory used to produce. How many bets in a heinz? A Heinz Bet is …
In-play betting refers to being able to place a bet on an event that has already started. This is a popular type of bet in football. It can also be referred to as ‘live betting’, or in horse racing, an ‘in running’ bet. Compare the In-Play Betting Sites & Bonuses in the UK Use our …
Bet365 offers a “Best Odds Guaranteed” (BOG) feature for horse racing and greyhound racing in certain markets. This means that if you place a bet on a horse or greyhound at a particular price, and the Starting Price (SP) of the selection ends up being higher than the price you initially took, Bet365 will pay …
In football (soccer), a match result refers to the outcome of a specific game or match between two teams. The match result indicates which team won, if the game ended in a draw, or if one of the teams suffered a defeat. How does a match result bet work in football? Here are the possible …
A matched bet is one that uses free bets that have been awarded as bonuses by online bookmakers and used to cover all options of an event to ensure a risk-free way of winning real cash through matched betting. Matched betting on betting exchanges Matched betting on betting exchanges is the practice of using the …
Odds on refers to a bet where the potential winnings are lower than the stake. These types of odds are given for the favourite outcome. For example, if a horse is priced at 8/11 the first number displays the potential return based on the stake, which is displayed by the second number. So, you would …
Overround, also known as vigorish (vig), juice, or margin, is a concept in sports betting that represents the bookmaker’s built-in profit margin on a particular betting market. It is the difference between the implied probability of all possible outcomes in an event and 100%. The overround ensures that the bookmaker always makes a profit, regardless …
Does Paddy Power have a betting exchange? Paddy Power doesn’t have a betting exchange. However, Paddy Power and Betfair did merge to become Flutter Entertainment plc. While Paddy Power has stayed as a sportsbook site only, Betfair does offer a sportsbook and betting exchange platform. When Betdaq was acquired by Ladbrokes, the latter did branch …
A Patent is a multi-bet that consists of 7 bets which are made up of 3 singles, 3 doubles and a treble across three different events. How to work out a patent bet? Calculating potential returns for a Patent Bet involves considering the odds of your selected outcomes and the various bet types within the …
When a horse has been placed, it means it has not won the race, but has finished in second or third place. In some races where there are a lot of runners, such as the Grand National, a horse can be successfully placed as high as seventh or eighth, depending on the promotion a bookmaker …
