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There are several type of bets:
- Win bet: e.g. you bet $100 on 4/1 horse. If it wins, you'll get extra
$400 plus your $100 stake.
- Place bet: e.g. you bet $100 on 1/1 horse to place. If it finishes in the first 3, you'll get
an extra $100 plus your $100 stake.
- Eachway bet: is the combination of the win bet and place bet.
- Lay bet: e.g. you lay $100 on 4/1 horse. If it wins, you'll lose
$400. If it loses, you'll get an extra $100.
You can place win bet, place bet and eachway bet with bookmakers, e.g. BET365. To place lay bet, you need to open an account with a betting exchange.
We recommend you to open accounts with BETFAIR
or
BETDAQ
If you decide to open a BETFAIR account, you can get
£20.00 FREE MONEY to try lay bet if you type our referal code
4GLVWXNCP into the Refer and Earn code box
when you register.
Good luck with your betting!
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