What Does Outright Betting Mean In Horse Racing

1. What Does 150 Mean In Betting
2. What Happens If You Bet On Every Horse
3. What Does Mean In Betting 110
4. What Does Outright Betting Mean In Horse Racing News
5. What Does 220 Mean Betting
6. Betting What Does +140 Mean

A bet made by a racetrack bookmaker on another horse to divert other bookmakers' attention away from his sizeable betting on his/her main horse thus to avoid a shortening of the odds on the main horse. Understand what win place show bet is and how to use them for online horse betting, for example, for the Kentucky Derby.

In this post, we are going to give you the meaning of outright betting that is, we are going to explain what an outright bet is, and we will also offer a few examples to make our explanations easier to understand. Before we begin, we want you to know that the terms outright bet and future bet mean the same thing.

The name suggests that you are trying to predict a future event. This type of wager aims at pointing how an entire competition will end. It is not about telling who you think will win an individual game or event. It is about telling which team or player will win a competition. For instance, guessing the winner of the European Championship is an outright wager. In the United States, the term futures is more common, whereas the rest of the world uses the term outright. It is a matter of geography. So, like we said, we are tasked with explaining the outright bet meaning, and we suggest you take a look at the examples we provide. They will make things a lot clearer. Let’s get to it.

Recommended bookmakers for outright betting

* T&C’s apply, 18+.

Tennis Outright Bets (Winner of US Open)

To better illustrate the meaning of outright betting, here is an example with tennis. The above chart shows the different players. On the right of each player, you can see his odds of winning in the bookmaker’s view. What is interesting about outright betting is that you do not necessarily have to make your bets before an event begins. The good news is that you can place wagers late in the game. That will still count as an outright bet. Just so you know, the excerpt is taken from a bookmaker’s site and shows the odds at the quarter-final stage of US Open 2014. As you can see, outrights are possible at this stage of the game.

Now, let us tell you that if you want to be successful, it is best to place wagers at a later stage of the competition rather than in the beginning. You will have bigger chances of guessing the winner. Just keep in mind that the odds will be much lower at this point, but it is better to bet on low odds and win than to risk your stake on high odds. If you wait to see how the competition is going, you will have time to see how each team or player is competing and who is in the best shape of their life.

So, you just got an idea ofhow this type of bet applies to tennis, but there are plenty of sports out there. What does outright mean and how is it expressed in terms of other sports? It means the same thing, only there may be more players and teams, and the odds get to be different. Let’s have a look at more examples.

Outright Football Bets (Premier League)

Here is another example. For it, we are going to use an excerpt about the English Premier League taken from a UK bookmakers. The odds are taken from bookies during the 2014/15 season of the League.

Again, it reveals the odds of the different teams winning. As you can see, only a few teams have low odds, whereas the others have quite high odds. This just serves to show that these teams have little to no chance of winning the Premier League. The teams that have short odds are more likely to win.

The truth is, it is easy to select a winner of the League since fewer teams take part in it. But is this the same with other competitions? Keep reading our page and you will see.

So, we have seen how this type of bets works with football, but what does outright mean with regard to American football and how is it expressed? We suggest you have a look at the last section on this page where we give you one more example.

Outright Betting & American Football (Super Bowl)

This time the odds are expressed in moneyline format, but for your convenience, we have written its decimal equivalent in brackets.

The last example that will help you understand the outright meaning better is taken from a US bookmaker. The chart shows some of the participants in the 2015 Super Bowl and their chances of winning expressed with odds. As you can see, it is much more difficult to pick a winner in such a competition because there are quite a lot of teams. Just so you know, the figures from the above chart are taken at the beginning of the season.

Other Types

We advise you to check all of the betting types before you decide which one to use.

Other Betting Markets & Strategies

This is Our Conclusion

What Does 150 Mean In Betting

We picked three examples in an attempt to explain the meaning of outright betting. Such bets are very easy and straightforward. All you have to do is choose a winner and decide on your stake. It is easier to place such a wager than to make a correct prediction, but as you know sports betting has its risks.

We believe we explained the outright bet meaning at length and we hope you know what they are about after reading the post.

The ‘betting without…’ market in horse racing refers to a bet placed on a race whereby either a named horse or an unspecified favourite will not be included in the results when it comes to settling your bet.

For instance, if you back a horse to win in the ‘without favourite’ market, your bet will pay out either if your horse wins the race or if it comes second to the favourite. If any horse other than the favourite wins, the ‘without’ bet will have lost.

The same applies to a bet placed on a “without” betting market that singles out a specific horse to be discounted in relation to the bet, for example, ‘Without Sprinter Sacre’. It is generally the case that a named horse in such a scenario will be the favourite, but this is not always the case.

How Does The Without Market Work?

The betting without market, sometimes written as ‘W/O Favourite’ or ‘W/O Horse Name’, can be a great way to find a winning bet in a race in which the favourite offers little return based on the shortness of their odds.

When a favourite like Sprinter Sacre is priced at odds of 4/5, for instance, you would have to bet £50 to make a profit of just £40 (with total returns of £90 including your original stake). In a nine-horse race in which the favourite is 4/5, the odds of the other runners might range from something like 3/1 to perhaps 50/1, 100/1 or even more depending on their relative merits or lack of them.

In this scenario, if you fancied the second favourite to be head and shoulders above the rest of the field but very unlikely to beat the favourite, you might choose to back him in the ‘without favourite’ (or in this case the ‘without Sprinter Sacre’ market if specified as such).

If the second favourite in such a scenario was priced at, for example, 6/1 in the standard race winner market, moving to the without favourite market would decrease that runner’s odds to around the 5/2 mark. The exact odds that a horse will be offered at in this market will depend on a number of factors, of course, and there is no hard and fast rule other than the odds will be shorter by some degree.

Example of Without Favourite Betting Odds

It might seem a fairly straightforward concept: you take the favourite out of proceedings from a betting point of view, thus all the other horses have a better chance of being the winner of the race, and hence their odds will be shorter. But just to illustrate the betting without favourite/named horse market, let us give an example.

Imagine there is an eight-horse race in which the runners were given the following odds in the race winner market:

1. Snooker Loopy – 8/5
2. Vindaloo – 5/1
3. Snow Fairy – 6/1
4. Best Mate – 7/1
5. Stradivarius – 14/1
6. Lord Jim – 18/1
7. Knights Templar – 28/1
8. Nag’s Head – 33/1

Now if we look at the odds offered by the same bookie in the ‘without favourite’ market (from which Snooker Loopy has been removed) we might have something like:

1. Snooker Loopy
2. Vindaloo – 14/5
3. Snow Fairy – 16/5
4. Best Mate – 4/1
5. Stradivarius – 15/2
6. Lord Jim – 11/1
7. Knights Templar – 14/1
8. Nag’s Head – 16/1

What Happens If You Bet On Every Horse

As you can see, the odds are reduced significantly once the favourite has been removed. This is exactly what you would expect given that the chances of your horse ‘winning’ have significantly increased now the favourite is not involved.

Betting Without Strategy and Tips

One thing to consider when assessing the merits of the betting without market is whether you might simply be better to back your horse each way in the standard race winner market. This can be particularly worthwhile in National Hunt racing when even red-hot favourites sometimes fluff their lines and fall at a fence or unseat their rider.

In such a scenario, a horse that was priced at odds of 14/1 (for instance) who you fancied had a good chance of running in second behind the favourite, might be worth backing each way in the standard market rather than backing in the without favourite market.

Let’s take the example of Stradivarius above, with the horse priced at 14/1 in the race winner market and 15/2 in the without favourite market. If you place a £20 bet on Stradivarius in the without favourite market and he either wins the race or comes second to the favourite, the payout would be £170, that is the £150 profit plus the £20 stake.

What Does Mean In Betting 110

If instead you placed a £10 each way bet at odds of 14/1 that would also require a stake of £20. If the each way terms were a fifth of the odds for a top three finish and Stradivarius finished second (behind the favourite in this case), the bettor would be paid out £38, that is equivalent to a £10 bet at a fifth of 14/1 (i.e. odds of 14/5), including the return of the each way part of the stake.

If, however, the favourite fluffed his lines and either fell or simply under-performed, and Stradivarius romped to victory, the payout would be £188; that is £150 for the win part of the bet and £38 for the each way part, both including the original stakes.

What Does Outright Betting Mean In Horse Racing News

For some people, the difference in potential profit makes it a risk worth taking in such a scenario, but those who are a little more risk averse might prefer to opt for the without favourite market, which effectively gives two bites at the cherry to win the bet: either by winning the race outright or by finishing second to the favourite.

As always with horse racing betting, it is a matter of doing your research and trying to ascertain when a second favourite (or another runner in a given field) is overpriced. In this situation you could find a decent chunk of value in the without favourite market when you assess your runner to have a strong chance of either beating everyone or, at the worst, losing to the specific horse excluded from the bet.

Alternative Bets

Of course, there are other similar options available to punters in this scenario, aside from the without market or an each way play. You could back your fancy just in the “to place” market for example.

What Does 220 Mean Betting

This is very similar to the “without” option but at shorter odds because you would get a payout if the horse finishes anywhere in the top two, three, or four (depending on the terms of the race). In addition, your bet will also be a winner if an alternative horse beats your pick, not just the sole named “without” option.

Betting What Does +140 Mean

Another very similar bet is to plump for a forecast, with the favourite to win and your pick coming second, or play things a little safer with a reverse forecast (the two horses to come first and second in either order). These days some bookies even offer the chance to back a horse for a top two or top three finish or indeed even to specifically finish second or third (or sometimes fourth too in contests with bigger fields).

All of these bets are very slightly different and so the odds too will fluctuate a little between them. Which is the best option will depend on how you see the race panning out and your approach to risk and reward. None the less, “without” betting is a great market to be aware of and is just perfect when you feel there is only one specific horse likely to get the better of your own pick.