Tricast Bet in Horse Racing [2024] – How to place a Tricast Bet 🏇
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What is the meaning of this three-selection bet?
A tricast bet is when you make three easy selections, which are sometimes referred to as stages, and combine them into a single multiple bet.
To win this type of bet, each of the three independent selections must be correct. The entire tricast bet is lost if one of the three selections fails.
A three-selection bet, as a multiple bet, can boost the odds far more than a single or double bet, which is why it’s so popular, but it also comes with a higher danger of losing.
Tricast bet selections must originate from three different events, such as three different horse races or three different football games. An explanation of the chances for tricast bets may be found below.
What is the procedure for settling such a bet?
The return from each stage is placed on the following bet to calculate a three-selection bet. The gains from the first bet will be used to fund the second bet, and the stake from the second bet will be used to fund the third bet, giving you the possible winnings.
This is how the chances for this type of bet are calculated if you bet on three horses with odds of 4/1, 3/1, and 2/1. To each of the odds, add one, multiply them, and subtract one (for your stake).
As a result, 4/1 x 3/1 x 2/1 – 1 = (5 x 4 x 3) -1 = 59/1
If all of your predictions are correct, you will win the bet, and the payout for a £ 5 wager is shown below.
Win at tricast bets (£5 x 4/1 x 3/1 x 2/1 bet) – 1 = £ 295 profit + £ 5 stake
* When multiplying odds together, keep in mind that adding one to odds that aren’t “something to 1” means adding the lowest price to the highest price. As a result, 7/2 turns into 9/2, and 9/4 turns into 13/4.
If any of your picks loses, your tricast bet will lose as well. This is not the case if you have placed an each-way tricast in that instance, even if all the horses are positioned, you will still witness a turn. In this in-depth tutorial, you can learn more about each-way betting.
An each-way tricast bet is what it sounds like
An each-way tricast bet is made up of two bets: a tricast win and a tricast place. The stake will be twice because you are placing two bets. If you place 5 GBP on an each-way tricast your stake is quadrupled to 10 GBP, with £5 going to the winner and £5 going to the place. Returning to the example above, if you stake £5 on three horses with odds of 4/1, 3/1, and 2/1, the odds for the winning part are 59/1, resulting in a payout of £300. The odds for the tricast bet place are a fraction of the odds, usually a fifth, so remember to divide each bet by five and add five to the highest number when multiplying the odds. So (£stake x9/5 x 8/5 x 7/5) -1 = 3,032 / 1 = 4/1 x 3/1 x 2/1 – 1 This is what you may anticipate to get back from a £ 5 deposit if you place all of your bets. Successful tricast bet gains (bet of £5 x 9/5 x 8/5 x 7/5) – 1 = profit of GBP 15.16 + bet of GBP 5 x 9/5 x 8/5 x 7/5) You win both the winnings and part of your each-way tricast bet if all of the horses win. If all of the horses finish, you lose the winning side of the bet but win the placing side. If a horse loses, you lose both your profits and a portion of your wager. Winnings from a successful tricast bet (win and place) total £ 320.16 (£ 300 win and £ 20.16 place).
