Betting Exchange - Bet TypesThere are many different types of bets available on the betting exchange websites, we have attempted to define these types. Click here for more exchange bet types.
Multiples (BETDAQ)BETDAQ has introduced a new MULTIPLE bet to the exchange. This bet type has always been popular in traditional betting outlets and this is the first time it has been offered to exchange customers. A Multiple Bet is defined as individual bets which combine two or more selections in a single bet. The overall payout for a win (including the original stake) is equal to the stake multiplied by the product of the various odds. To make the first choice in your Multiple simply make a selection as if you were placing a single bet only this time click on the "M" icon next to the selection instead of the price. This selection will be added to the new Multiples tab on the right side of your screen. It may be helpful to imagine this area as your shopping basket. To add further selections to your Multiple, focus your mouse back on the main screen and select another bet of your choice, note you can leave the market you were in and enter any other market that is offering Multiple Bets. For example your first selection could be on a horse race and your second on a soccer match. As you add selections to your Multiple you will see your shopping list grow. BETDAQ can support up to 10 selections in any Multiple Bet. In order to get a quote of available prices for your Multiple click on the "Quote Prices" button on the right of your screen. Your available prices will be displayed on the main screen. This screen will also automatically tell you which bets are available depending on the number of selections you have added. For example if you have made three selections you will be offered the choice of 3 doubles and 1 treble. A full description of all the bets available can be found below. Alternatively, at this point, you can place an "All Doubles", "All Trebles" or "All Multiples" bet by simply entering a stake per line and clicking "Submit". Once you have entered your stake on the Bet Slip click "Submit". This will prompt a Bet Verification screen, verify all the details of your Multiple Bet are correct and click "Confirm Bet". This will open a Bet Receipt that you can keep for your personal records. Multiple Bet Types Offered: You can combine up to 10 selections in different events to make a Double, Treble, 4-fold, 5-Fold right up to a 10-fold. In making a selection, you are choosing to back that selection, please note it is not possible to lay a selection as part of a multiple bet. All selections must win for the multiple bet to be settled as a winner. Commission payable is calculated at 5% of winnings per multiple bet for all customers. You can combine up to 10 selections in different events to make a Double, Treble, 4-fold, 5-Fold right up to a 10-fold. In the event of one or more of your selections not taking part your bet will be regarded as having one less leg i.e. a treble becomes a double etc. All selections in multiple bets including related contingencies are subject to BETDAQ rules. Full details can be found by clicking on the ABOUT US section of your account and by clicking on Terms & Conditions - The Company Rules. For three or more selections, you can take all combinations to make a 'Trixie' (4 bets, 3 doubles and a treble), 'Yankee' (11 bets, 6 doubles, 4 trebles and a 4-fold) or 'Super Yankee' (26 bets, 10 doubles, 10 trebles, 5 4-folds and 1 5-fold). In these combinations each of the bets is settled separately.
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