Flag Bet in Horse Racing [2024] – How to place a Flag Bet🐎
A wager consisting of 23 bets- six doubles, four trebles, one fourfold accumulator, and six up-and-down bets – on four selections. A reward is guaranteed if only one winning option is made. A Flag bet is a spin-off of the popular Yankee bet. The Flag bet uses the same accumulator bet types as the Yankee bet, and it’s put on four distinct events with four different selections. The addition of six single stakes about up and down singles, which cover every variation of up and down singles across the four selections, makes a difference. Because up and down bets are involved, a Flag bet is not something that can be placed simply stitching together the component accumulator bets. Without the use of a Flag bet calculator, an inexperienced punter will be unable to assess the odds and potential payouts on this bet type. We’ll go through how Flag betting works and the best approach for using this combination betting choice in this article.
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What exactly is a Flag bet? 🤔
The Flag bet covers every possible combination of accumulator bets that can be made with four selections, as well as every potential up and down bet that can be made with these selections.
A flag bet is made up of 23 different bets:
- six up-and-down single bets (12 bets)
- six doubles
- Four trebles
- one four-fold accumulator
A flag bet can only be put on various events’ picks. For a Flag bet, you can’t, for example, back two horses in the same race.
You can even wager on other sports, however most people will stick to one while betting on the Flag. In order for a Flag bet to pay off, at least one option has to win.
Explanation of the Up and Down bet 📢
It’s rather simple to understand doubles, trebles, and four folds.
All of these bets are accumulators, which take a stake and pass the gains from each winning option to the next, paying out if all of the selections win.
An SSA gamble on the ups and downs is a little different. These bets are made up of two any-to-come bets on the two options covered by the up and down bet.
Any to come bets are conditional bets in which if one pick wins, the stake is automatically put on the next selection.
When two of these are combined, the stake on a winning first selection is transferred to the second selection, and the stake on a successful second selection is transferred to the first.
In an up and down SSA bet, this is where the word ‘up and down’ comes from.
The SSA in SSA bets stands for ‘Single stakes approximately.’ This means that unless there is less cash available, the stake on the second part of the up and down bet will be the same as the original stake, in which case any available funds will be utilised.
If only one pick wins and the return on that victory is large enough to fund the second losing half of the bet while still leaving a profit, a single stakes up and down bet will pay out a profit.
This wager type cannot be placed at any bookmaker manually.
What is the best way to place a flag bet? 🔥
Flag betting is more complicated than other combination bets. As a result, you won’t be able to instantly access this option by placing your bets at an online bookie and selecting this choice from the multiples provided on your betting slip. Instead, contact your bookmaker and ask whether they may place this bet on your behalf. Whether or not they can do so depends on whether or not they offer bespoke bets. For help in setting up your wager, contact one of the following major bookmakers:
- bet365
- Boylesports
- William Hill
- Paddy Power
A bettor wishes to place a £1 flag wager on the Premier League football matches this weekend. In the football match betting markets, he predicts four different outcomes:
- Liverpool are 2/1 to overcome Manchester United
- Chelsea are 1/2 to beat Everton
- Arsenal to beat West Ham at 1/3
- Tottenham to beat Man City at 3/1
The total stake on the bet is £ 23 (£ 1 stake for each of the 23 sub-bets). The Flag bet pays out £ 152.83 in rewards if all four teams win. In order for the bet to payout, at least one of the selections must be victorious. The bet will yield £ 9 if the highest-odds option wins, and Tottenham defeats Man City, for a total loss of £ 14.
Strategy for betting on flags 💡
Despite their intricacy, flag bets have a technique that is very similar to other combination bets.
As a result, there are two techniques to using flag bets.
The first is to reduce risk by betting on all of your selections winning and attempting to earn the best potential payoff on clear favorites to win their events.
A simple example is four top seed players in a tennis Grand Slam who are backed at 1/2 to win their first round matches against opponents with a lower seed.
If you backed these players with a GBP 1 standard bet, you’d make a total profit of GBP 56.06, with winnings of GBP 33.06.
If you split the total stake of £ 23 evenly among the players’ singles, you’d end up with net profits of £ 11.5.
It’s clear that placing a combined bet to support low-risk options will result in higher potential returns than placing solo bets.
The biggest disadvantage is that a losing selection will almost always result in a total loss.
When you employ bigger stakes, the conservative technique will produce the best results.
A more aggressive approach has its own set of advantages. If you back higher-odds selections, you can make a lot more money and make a profit even if only a few of them win.
Using horse racing as an example, if we bet on four horses, each at 5/1, to win their individual races, we would win:
- £2485 profit from four winning horses
- £382 profit from three winning horses
- Profit from two winners for a total of £155
- If a selection wins, you will lose £8
Splitting a £23 stake into four singles for these entries, on the other hand, would yield:
- Profit from four winning horses worth £115.
- From three winning horses, a total profit of £80.5 was made.
- Two winning horses resulted in a total profit of £46.
- A winning selection yielded a total profit of £11.5.
With the exception of a single winner, flag betting is clearly the best option.
One of the main advantages of utilizing an aggressive strategy is that you may play with smaller bets, like as 10 pence, and still get decent potential rewards while putting your money at risk.
Frequently Asked Questions about Flag betting:
What is the cost of a 10p bet?
The cost of 10p flag bets is 2.30 GBP.
What is the cost of a 50p flag bet?
You’ll have to pay £11.50 for a 50p flag bet.
In a flag bet, how many horses are there?
A flag bet consists of 23 wagers on four horses racing in four races.
In horse racing, what is a Flag bet?
In horse racing, a flag bet is a wager on four horses in four different events. A horse racing flag bet is made up of 23 bets: six single bets on any subsequent bets, six doubles, four triples, and a four-fold accumulator.
What is a non-runner in the Flag bet?
If a non-participant in the flag bet, that bet will be taken from your flag bet, the number of doubles and triples will be lowered, and the four-fold bet will be turned into a three-fold accumulator. Individual bets on bets that are affected will be converted to singles.
What is the distinction between a Flag bet and a Super Flag bet?
A Super Flag bet is a significantly larger multiple bet with a different number of selections than a standard multiple bet. There are five selections, five separate sorts of bets, and a total of 46 bets in this type of bet.
Can you bet each-way in Flag betting?
Yes, you can use each-way bets and bets can be used to make flag bets. This will double your stake, and your bets will be used to settle a separate Flag bet.
Are there any other options of flag betting?
For a variety of additional forms of combination bets, signal bets are offered. This is accomplished by accumulating up and down bets that cover all of the selections in those bets.
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