Win Only Betting ~ A Quick Guide
Having a little flutter can add excitement to horse racing, however it can seem a bit complicated if you don’t know the phrases. Our no nonsense guide to the basics of betting will help you understand the types of bets available to you.
A 'win' single bet is the most simple type of bet you'll like to encounter and one of the easiest to understand. If you place a 'win' bet you're betting that a horse will finish the race in first place, you will only win money if this happen. If the horse you bet on finishes in any other position you will lose your bet and the bookie will get to keep your money.
This type of bet is available at all bookmakers, the small video clip above explains everything you need to now about writing out a betting slip in a bookmakers to place a win only bet. Just click the video screen above to start the guide.
How To Work Out Your Winnings On a Win Bet
After watching the video above you should know how to place a win bet, but how much does a win bet payout? Well, that largely depends on the amount you stake (bet) and the odds at which the horse is quoted by the bookies.
Here's a couple of examples:
- £10 win at 12/1odds pays out £120, Plus the £10 orignal stake is returned = £130 Total
- £5 win at 7/1 odds pays out £35, Plus the £5 orignal stake is returned = £40 Total
- £25 win at 16/1 odds pays out £400, Plus the £25 orignal stake is returned = £425 Total
- £100 win at 1/1 or Evens pays out £100, Plus the £100 orignal stake is returned = £200 Total
You can also try our free online bet calculator to work out you winnings. it can work out single win bets, each way bets and accumulators.
