All up bets?

[Tenacious Spirit]

Can someone please explain to me the workings of all-up bets. It said on the back of the betting slip that you made two or more bets and the winnings of the first win rolled over and funded the next bet. I must have misunderstood though because why not just do two normal bets on the two seperate races?

E.g
The way i understand it now is as follows:
All-up
Race 1: Number 1 (win) - $5
into
Race 2: Number 1 (win) - $5

Race1: Number 1 ends up winning and pays $5
So $25 rolls in to fund the second bet which also wins paying $5.

Why not just go and place a 5 dollar win bet on race 1 number 1 and a 5 dollar win bet on race 2 number 1?

Cheers

[Sportz]

With the all-up, if both horses win, you would spend $5 and get back $125. (5x5x5) With the other method, if both horses win, you would spend $10 and get back $50. (5x5 + 5x5) With the All-up though, both horses MUST win for you to win your bet, whereas betting the other way, only one of them needs to win for you to get something back.

[Tenacious Spirit]

Got it. Thanks a lot for that Sportz.