The Idiot’s Guide to Forecast Betting
- Filed under: Betting Systems, Horse Racing Tips, Other Betting Stuff
- Date: Jun 18,2008
If you’re new to horse racing, you’ve probably heard of forecast betting and wondered why people would bet on the weather. Well, guess what? This isn’t about the weather. This is another type of betting that could actually provide higher returns. That is, if you win, of course.
In this post, I’m going to give you a quick education on forecast betting – its 2 basic types, plus 2 other slightly more complicated variations of the basics.
First thing’s first – the straight forecast. Simply put, you have to pick the first 2 horses that will win the race. Also, you have to pick ‘em according to how they will finish - meaning, horse A must win first place, while horse B wins second. It’s as simple as that. The only catch is unless you’re psychic, or at least know your tips by heart, it mostly involves guesswork.
Next, we have the reverse forecast. Similar to the straight forecast, you’ll be picking two horses. This time, however, they can finish in any order, as long as they both win first and second. This type of forecast betting would require higher stakes, which also means that you’ll be looking at bigger returns if your horses win.
Third, we have the slightly more complicated tricast forecast (it rhymes!). As the name suggests, this involves 3 horses. You won’t be predicting the race outcome, however. Instead, you’ll be challenging the punter to name the first 3 horses to win – in order. Payouts are considerably hefty on this one.
Lastly, we have an excellent spin-off of the reverse forecast, the combination tricast. Again, you get to challenge punter to name 3 horses to win, but this time, in no particular order. This is a considerably costly bet, but one with excellent returns.
Indeed, to participate in forecast betting, you would need to have quite an adventurous spirit, as well as a rather deep bankroll. The bets are costly, and the odds of winning are slim. As always, bet what you can afford to lose. It’s better to be safe than sorry – and broke - any day.
















