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-   -   All up bets? (http://forums.ozmium.com.au/showthread.php?t=8096)

Tenacious Spirit 16th March 2005 05:07 PM

All up bets?
 
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 16th March 2005 05:15 PM

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 16th March 2005 06:43 PM

Got it. Thanks a lot for that Sportz.


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