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What Is a Single Stakes About Bet?

December 30, 2020, 12:30
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What Is a Single Stakes About Bet

Contents

A single stakes about bet is also known as an ‘up-down’ bet. It is a two-part bet with two selections. The stake is placed on each selection depending on the success of the other.

In the first part, you make two single bets with equal stakes of, say, 10 each. The bet on the second selection will become effective only if you win the first and get back your stake or earn more. You keep any amount won on the first selection over and above the stake amount and bet 10 on the second selection. If the second selection wins, you get a return including the stake. If not, you lose your stake of 10.

The second part is similar to the first one, except that you place your first bet of 10 on the second selection and bet ₹10 on the first selection only if the second selection wins back the stake or more.

How Does a Single Stakes About Bet Work?

To explain a single stakes about bet, consider that you bet 10 on Horse A in Race 1 and bet another 10 on Horse B in Race 2.

Assume further that Horse A had odds of 4/1 and that the odds quoted on Horse B were 3/1.

We will divide the bet into two parts, with Part A covering the first bet on Horse A.
Part A (the ‘up’ bet)

Bet # Amount Horse # Odds Returns if Selection wins
1 of Part A ₹10 A 4/1 ₹50

If Horse A won, you would have earned a profit of 40, kept the profit and bet the remaining 10 on Horse B.

Bet # Amount Horse # Odds Returns if Selection wins
2 of Part A ₹10 B 3/1 ₹40

Assuming that both Horses A and B won, you would have earned total returns of 90 from Part A (the ‘up’ bet) and therefore a profit of 70 on your stake of 20.

If Horse A lost, you would lose your stake of 10 and there would be nothing left to bet on Horse B.

If Horse A won and Horse B lost, you would lose the 10 you bet on Horse B but would take home a return of 40 on your stake of the 10 bet on Horse A.

Part B (the ‘down’ bet)

Bet # Amount Horse # Odds Returns if Selection wins
1 of Part B ₹10 B 3/1 ₹40

If Horse B won, you would have earned a profit of 30, kept it with you and bet the remaining 10 on Horse A.

Bet # Amount Horse # Odds Returns if Selection wins
2 of Part B ₹10 A 4/1 ₹50

Assuming that both Horses A and B won, you would have earned total returns of 90 from Part B (the ‘down’ bet) and therefore a profit of 70 on your stake of 20.

If Horse B lost, you would lose your stake of 10 and there would be nothing left to bet on Horse A.

If Horse B won and Horse A lost, you would lose the 10 you bet on Horse A but would take home a return of 40 on your stake of the 10 bet on Horse B.

Single Stakes About Bet Examples

Single Stakes About Example 1

You bet 10 each on two horse races, as shown below:

  • Horse 1 with odds of ½ offered.
  • Horse 2 at ⅖.
  • Actual result: Both horses won their respective races.

Bottom line: you get a payout of ₹38 on your stake of ₹20 and earn an overall profit of ₹18.

Single Stakes About Example 2

You bet 10 each on two football games in the English Premier League, as shown below:

  • West Ham to beat Brighton with odds of 3/5 offered.
  • Leeds to beat Burnley with odds of 21/10 offered.
  • Actual result: West Ham drew with Brighton, while Leeds beat Burnley.

Bottom line: You would lose your stake on Part A of the bet. In Part B, you would get a payout of 21, thereby earning an overall profit of 1 on your original stake of 20.

How Do You Calculate a Single Stakes About Bet?

Calculate the return for each singles bet, depending on whether the selections won or lost. In either part, if your first singles bet is lost, then the second singles bet will not be placed. Then total the returns earned in the two parts and find out your earnings, if any, by subtracting the stake from the returns. 

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