Combination Forecast Doubles/Trebles Explained
- 1 Combination Doubles
- 2 Combination Trebles
- 3 When Should You PLace Forecast Double or Forecast Treble Bets?
In this article, we explain what a forecast bet is before showing you what a combination forecast bet is. We illustrate combination forecast doubles and combination forecast trebles before going on to explain the circumstances in which making combination forecast double or treble bets would be justified.
A straight bet is the simplest type of bet, in which you bet on an outcome and win a return on your stake if that outcome happens. For instance, you may bet that horse number 13 will win the first race, or that horse number 7 will win the second race.
Betting on Both Outcomes at Once
Before we explain what a combination forecast double is, you must understand what a combination bet is. This type of bet is very common in horse racing. In a combination forecast double bet, you would bet on both outcomes at once. Thus, as the term indicates, a combination bet involves a combination of forecasts. Instead of betting on a single outcome, as you would in a straight bet, you would bet on the simultaneous happening of two or more outcomes.
Earnings on Two Straight Bets
In a combination forecast double, you would bet on the simultaneous happening of two events. Take the example we have considered above. Let’s assume that you want to make a straight bet of ₹100 on the outcome that horse number 13 will win race one with odds of 6/1 offered on the outcome. You also want to bet ₹100 on the outcome that horse number 7 will win race two with odds of 7/1 offered on the outcome. Thus, you have a total stake of ₹200. If both events come true, you would make a profit of ₹1300 (600 plus 700).
|Bet No.||Outcome||Odds offered on Outcome||Return on the stake of ₹100|
|1.||Horse no. 13 to win race one||6/1||₹600|
|2.||Horse no. 7 to win race two||7/1||₹700|
H3: Higher Yield on the Same Stake Via a Combination Forecast Double
Instead, you could choose to bet the whole stake of ₹200 on a combination forecast double bet. Your stake of ₹200 will earn a total yield of ₹1400 (1200 plus 200) on the first outcome (horse number 13 winning race one) and the whole amount will automatically be staked on the second outcome which earns you a profit of ₹9800. So, you are left with ₹11200 (9800 plus 1400). Thus, you would make a profit of ₹11000 (11200 minus 200) on your original stake of ₹200. In other words, you would earn a return that’s 55 times your original stake. Compare this with your profit of ₹1300 made with your original straight bets on the two races.
|Odds offered on outcome one||Return on the stake of ₹200||Amount staked on outcome two||Odds on outcome two||Return on the stake of ₹1400||Total return on the original stake of ₹200|
To explain combination trebles, we will use an example from football. We will consider three matches in the English Premier League: Crystal Palace vs Liverpool, Everton vs Arsenal and Southampton vs Arsenal that you wish to bet on. Betting on a simple win outcome will not get you a high return but betting on a forecast score will. Assume that you want to bet that Crystal Palace and Liverpool will draw their match 0-0, that Everton will beat Arsenal 1-0 and that Southampton will beat Manchester United 2-1. The respective odds offered on the three outcomes are 5/1, 6/1, and 8/1.
Supposing you make straight bets of ₹100 each on the three individual outcomes described above, you can earn ₹1900 (500 plus 600 plus 800) if the three predicted outcomes happen.
|Bet no.||Outcome||Odds offered on the outcome||Return on the stake of ₹100|
|1||Crystal Palace vs Liverpool 0-0||5/1||₹500|
|2||Everton vs Arsenal 1-0||6/1||₹600|
|3||Southampton vs Man United 2-1||8/1||₹800|
Betting on All Three Outcomes at Once
If you made a combination forecast treble bet on all the three outcomes as described above and all the predicted outcomes happened, you would earn much more. Your bet of ₹300 on outcome one would yield ₹1800 (1500 plus 300). That yield of 1800 would automatically be wagered on outcome two, which in turn would yield 12600 (10800 plus 1800). That yield of 12600 would in turn automatically be wagered on outcome three which would give you your final yield of 113400 (100800 plus 12600). In other words, you would earn a yield that’s 368 times your original stake. Compare this with your yield of ₹2200 on your original straight bets on the three matches.
|Odds offered on outcome one||Return on the stake of ₹300||Amount staked on outcome two||Odds offered on outcome two||Return on the stake of ₹1800||Amount staked on outcome three||Odds offered on outcome three||Return on the stake of ₹12600||Total yield on the original stake of ₹300|
A note of caution: Betting on a forecast double or forecast treble will earn you returns only if ALL the forecasts come true. You will lose your whole stake even if only one of the three predicted outcomes does not happen.
When Should You PLace Forecast Double or Forecast Treble Bets?
This question sounds like a no-brainer when you consider the high returns that such bet promises to give you. But as we have already warned you, all the forecast outcomes MUST happen before you can make any money.
So, before you bet on a forecast double or treble, you should be confident that there is a reasonable likelihood that the outcomes can happen. For instance, you may be reasonably confident that Crystal Palace playing at home may manage to draw with Liverpool or that Everton and Southampton can win their home matches. The only uncertainty may be the scoreline, which is why the odds are likely to be high.
Additionally, when you are assured of such high returns you don’t have to make very big bets. For instance, you may choose to bet ₹30 instead of ₹300 on the forecast treble described above. That would fetch you a great return of ₹10080 if you won.