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What is Forecast Betting?

Q: What is Forecast Betting?

Forecast Betting is a form of wagering where you predict the first and second place finishers in a specific event, typically a horse or greyhound race. The bet is successful only if the selections finish in the exact order specified.

Q: How Does Forecast Betting Differ from Other Types of Betting?

Unlike traditional win-only bets, Forecast Betting requires a more nuanced understanding of the event. You're not just picking one winner; you are making two selections and also predicting their finishing order. This adds an extra layer of complexity but also offers potentially higher returns.

What are the Types of Forecast Bets?

  1. Straight Forecast: Predict the first and second place finishers in exact order.
  2. Reverse Forecast: Predict the first and second place finishers in any order.
  3. Combination Forecast: Choose three or more selections and cover all possible combinations of them finishing first and second.

How are Odds Calculated in Forecast Betting?

Odds in Forecast Betting are typically not fixed at the time of placing the bet. They are calculated using the starting prices of the selected outcomes, and the dividend is declared after the event.

Can I Place Forecast Bets Online?

Yes, you can place these bets through the website or mobile app.

 

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