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Flag Bet Guide

December 30, 2020, 12:37
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Flag Bet Guide

Contents

What Is a Flag Bet?

A flag bet is a combination of 23 bets consisting of four selections. These include six doubles, four trebles, a fourfold accumulator and six up-and-down bets.

Even if a single selection wins, you will get a return. But you may not make a profit unless at least three of your four selections win their events. A flag bet is an example of an “if cash” bet, also known as an “any to come” bet.

Flag Bet Examples

A flag bet is best explained through examples. Assume that you have bet on four selections, namely horses A, B, C, and D in four separate races. Then the flag bet consists of 23 bets as illustrated in the chart below:

Components of Flag Bet Number of bets Possible combinations Observation
Six Doubles 6 AB, AC, AD, BC, BD, CD
Four Trebles 4 ABC, ABD, ACD, BCD
Fourfold accumulator 1 ABCD The only four-fold accumulator possible
Six up-and-down bets 12 AB, BA;

AC, CA;

AD, DA;

BC, CB;

BD, DB;

CD, DC

Six pairs of bets
Total 23

If only A wins, then you will lose all of the doubles, all of the trebles and the accumulator. But you will win some money on three parts of the up-and-down bets, namely AB, AC and AD.

If A and B win, then you will win one double (AB), lose all of the trebles, lose the accumulator, and win some money on six parts of the up-and-down bets, namely AB, BA, AC, AD, BC and BD.

If A, B and C win, then you will win three doubles (AB, AC and BC), win one treble (ABC), lose the accumulator and win some money on nine parts of the up-and-down bets, namely AB, BA, AC, CA, BC, CB, AD, BD and CD.

Of course, if all four selections A, B, C and D win, you will win all 23 bets.

How Much You Can Earn if all Selections Win

Suppose you have placed a ₹10 flag bet on the four horses A, B, C and D, as described above.

As there are 23 component bets, you will actually wager a stake of ₹230 (₹10 x 23).

Assume that the following odds are offered on each selection:

Horse Odds Offered
A 8/11
B 6/5
C 7/4
D 20/29

If all four selections win their respective races, you will get a payout of ₹1168.60 (including your original stake).

How Does a Super Flag Bet Work?

A super flag bet is like a flag bet, except that instead of four selections, there are five selections. The super flag bet is a combination bet consisting of ten doubles, ten trebles, five fourfold accumulators as well as a fivefold accumulator and ten up-and-down bets, accounting for a total of 46 bets.

Super Flag Bet Examples

A flag bet is best explained through examples. Assume that you have bet on five selections, namely horses A, B, C, D and E in five separate races. Then the flag bet consists of 46 bets as illustrated in the chart below:

Components of Flag Bet Number of bets Possible combinations Observation
Ten Doubles 10 AB, AC, AD, AE, BC, BD, BE, CD, CE, DE
Ten Trebles 10 ABC, ABD, ABE, ACD, ACE, ADE, BCD, BCE, BDE, CDE
Five Fourfold accumulator

Plus One Fivefold accumulator

6 ABCD, ABCE, ABDE, ACDE, BCDE, ABCDE
Ten up-and-down bets 20 AB, BA; AC, CA; AD, DA; AE, EA;

BC, CB; BD, DB; BE, EB; CD, DC; CE, EC; DE, ED

Ten pairs of bets
Total 46

 

If only A wins, then you will lose all of the doubles, all of the trebles and the accumulators. But you will win some money on four parts of the up-and-down bets, namely AB, AC, AD, AE.

If A and B win, then you will win one double (AB), lose all of the trebles, lose the accumulators and win some money on seven parts of the up-and-down bets, namely AB, BA, AC, AD, BC, BD, BE.

If A, B and C win, then you will win three doubles (AB, AC and BC), win one treble (ABC), lose the accumulators and win some money on 14 parts of the up-and-down bets, namely AB, BA; AC, CA; AD, AE, BC, CB; BD, BE, CD, CE, DE.

If A, B, C and D win, you will win six doubles (AB, AC, AD, BC, BD, CD), four trebles (ABC, ABD, ACD, BCD), one accumulator (ABCD) and 12 up-and-down bets (AB, BA; AC, CA; AD, DA; BC, CB; BD, DB; CD, DC).

Of course, if all five selections A, B, C, D and E win, you will win all 46 bets.

How Much You Can Earn if all Selections Win

Suppose you have placed a ₹10 super flag bet on the five horses A, B, C, D and E, as described above. The odds were the following: Horse A at 3/1, Horse B at 4/5, Horse C at 2/1, Horse D at 2/5 and Horse E at 11/10.

If you put a stake of ₹10 per bet, that would be a total of ₹460. If all the bets came in, the total return would be ₹4817.40, for a profit of ₹4357.40.

Pros and Cons of Flag Bets

Advantages

High Returns Possible

A knowledgeable punter can hope to earn high returns on a combination of bets such as a flag bet.

Disadvantages

Stake is Very High

The stake on a flag bet is quite high as there is a wide range of bets. If a punter were to place a super flag bet of ₹10, his overall cost would not just be ₹10, but rather ₹460 as he would have to place a fresh ₹10 stake for every bet.

Only for Knowledgeable Bettors

A flag bet is not ideal for new or inexperienced bettors who can easily lose money on flag bets if they lack in-depth knowledge about the event and the participants they are betting on.

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