How Does a Reverse Forecast Bet Work?
If you’re venturing into the world of sports betting, you might be curious about the different types of bets. One interesting option is the reverse forecast bet.
In this 666Casino blog post, you’ll explore what a reverse forecast bet is, and how it differs from other types of bets. This guide will walk you through the basics, giving you a better understanding of how you might place such a bet.
Read on to learn more about reverse forecast bets and get valuable insights that can help you make more informed decisions.
What Does Reverse Forecast Mean In Betting?
A reverse forecast is a bet where you choose two selections, predicting they will finish in the top two positions, regardless of which order they come in.
For instance, if you’re watching a horse race and think two runners have a strong chance, you can bet on both to secure first and second place.
This bet actually consists of two separate bets. Each bet covers one of the two possible outcomes where your selections finish as the first and second positions. This means you have both scenarios accounted for, so either way, you’re backing the same two outcomes.
The potential payout for a reverse forecast will depend on the odds of your chosen selections at the time you place the bet. It’s worth remembering that, as with any form of gambling, results are uncertain, and success cannot be guaranteed.
Horse Racing Reverse Forecast Example
Imagine you’re watching a horse race with your eye on two favourites—let’s call them Lightning Bolt and Thunder Strike. You’re keen to see them cross the finish line in the top two spots, but you’re not sure who will come first or second.
By placing a reverse forecast bet, you cover both possibilities: Lightning Bolt finishing first with Thunder Strike in second, and vice versa. This means you are effectively placing two separate bets.
For instance, if you wager £2 on each outcome, your total stake becomes £4. If the horses finish in the top two positions in any order, your bet is successful. The payout will depend on the odds at the time of placing the bet.
How To Calculate a Reverse Forecast Bet
A reverse forecast bet might seem a bit tricky at first, but it’s much easier when you break it down step by step.
When placing a reverse forecast, you’re betting on two selections to finish first and second, in any order. Think of it as two separate bets: one for each possible finishing order. To figure out what you could win, you’ll need the odds for both selections.
Let’s look at an example. Imagine Horse A has odds of 3/1 and Horse B has odds of 5/1. If you place a £1 stake on each outcome, your total stake will be £2 (£1 for each combination).
Now, let’s calculate the possible returns.
- If Horse A finishes first and Horse B finishes second:
- Multiply your £1 stake by Horse A’s odds (3/1) and then by Horse B’s odds (5/1).
- £1 x (3 + 1) x (5 + 1) = £1 x 4 x 6 = £24.
- If Horse B finishes first and Horse A finishes second:
- Multiply your £1 stake by Horse B’s odds (5/1) and then by Horse A’s odds (3/1).
- £1 x (5 + 1) x (3 + 1) = £1 x 6 x 4 = £24.
Add the two outcomes together, and your potential return is £48.
Remember, the actual payout depends on the bookmaker’s forecast dividend and can vary. Betting always involves an element of chance, and returns are never guaranteed. Always take your time to review your bets carefully.
Reverse Forecast FAQs
Is a Combination Forecast The Same as a Reverse Forecast?
A combination forecast bet involves trying to predict which two selections from a group will finish first and second, in any order. Unlike a reverse forecast, which is limited to two selections, a combination forecast includes more. For example, choosing three selections creates multiple reverse forecast bets to cover all pairings. Each pairing counts as a separate bet, so your total stake increases.
What Happens If You Have a Non-Runner In a Reverse Forecast?
If one of your selections becomes a non-runner, the reverse forecast bet is affected. Typically, it may be converted into a single bet on the remaining runner, but practices can vary among bookmakers. It’s essential to check their terms and conditions to understand how they handle non-runners.
What Happens To a Reverse Forecast Bet In a Dead Heat?
A dead heat occurs when two or more selections finish at the same position. In this case, the payout is generally adjusted. The winnings are divided by the number of runners that finished in the tied position. The bookmaker’s rules will clarify how dead heats are managed.
How Many Bets Are In a Reverse Forecast Double?
A reverse forecast double involves two reverse forecasts placed on separate events. Each reverse forecast includes two bets, covering both possible finishing orders of your selections. This means a reverse forecast double consists of four bets in total. For example, if you select two runners in each of two races, you are betting on all combinations of those runners finishing first and second spots in both events.
*All values (Bet Levels, Maximum Wins etc.) mentioned in relation to these games are subject to change at any time. Game features mentioned may not be available in some jurisdictions.
**The information provided in this blog is intended for educational purposes and should not be construed as betting advice or a guarantee of success. Always gamble responsibly.
