Forecast Bet Calculator: Calculate Fast Your Forecast Bets For Free
Bet Calculator - All Types & Options
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Forecast bets are some of the more complex variations of wagers used in horse racing. Here you're basically betting on which horse will finish first and which will finish second in one race. Predicting the top two finishers isn't really easy, though, so there are various combinations of bets to increase your chances. Then, of course, it's important to know more about those variations and how to calculate the potential returns.
How do forecast bets work?
Forecast bet is another form of horse racing wager where you're picking two horses and placing your money on which is to finish first and which one will finish second. Now, of course, there are some other options you can use here due to the forecast combinations being rather varied and we'll tell you more about them below. But one thing we'd like to mention right away is that the forcast is more suited to experienced bettors and not recommended for novice bettors. If you're just getting started, you'll need to spend hours studying the betting world in order to be able to research and understand how the forecast bets work and in order to stand any chance of success. Because this type of wager is riskier and a bit more expensive whilst the potential rewards can be great, too.
Most important facts to know about the types of forecast bets
The forecast is another form of multiple bet where you're effectively placing two bets rolled into one: which horses will finish in the top two. But the bookmakers tend to offer various forms of straight and reverse forecasts in most tournaments so if you'd like to use those types of wagers, you'll need to understand them better.
There are three main types of forecast bets:
- straight: that's simply betting on the first two horses which will finish the race and predicting their correct order, too.
- reverse: that's like a combination of two straight forecast bets within one bet slip and with one of them you're betting on Horse A to be first and Horse B to be second while the other bet has the combination in reverse
- combination: here you'll have to choose three horses at least and then you're placing three wagers which means the total cost of the bet will be six times the stake per a single bet. You need two of your choices to finish first and second in order to get any returns, otherwise your bet will be voided.
There are some other options, too, but those variations are more suited to experienced players because they're riskier, harder to understand and the total stake that you put on your wager will be higher. Let's check out those are.
- Straight Forecast Double: Two straight forecasts where you're betting on Horse A to finish first and Horse B to finish second in the first bet and the other part of your bet is in reverse. The cost of placing such a wager gets even higher because your total stake is multiplied by eight since there are eight different bets here.
- Straight Forecast Treble: Pretty much like the previous with the main difference that you've got three selections.
- Reverse forecast double: That's where you've got a combination of the reverse forecast and the straight forecast double. It's made up of four doubles and it costs a bit more.
- Reverse forecast treble: Similar to the Straight forecast treble and the reverse forecast bet, this type of wager gives you many more permutations. Let's quickly take a look at an example of reverse forecast treble just to give you an idea:
- Race 1 – 1st Horse A, 2nd Horse B; Race 2 – 1st Horse C, 2nd Horse D; Race 3 – Horse E, 2nd Horse F
- Race 1 – 1st Horse A, 2nd Horse B; Race 2 – 1st Horse D, 2nd Horse C; Race 3 – 1st Horse E, 2nd Horse F
- Race 1 – 1st Horse B, 2nd Horse A; Race 2 – 1st Horse C, 2nd Horse D; Race 3 – 1st Horse F, 2nd Horse E
- Race 1 – 1st Horse A, 2nd Horse B; Race 2 – 1st Horse D, 2nd Horse C; Race 3 – 1st Horse F, 2nd Horse E
- Race 1 – 1st Horse B, 2nd Horse A; Race 2 – 1st Horse C, 2nd Horse D; Race 3 – 1st Horse E, 2nd Horse F
- Race 1 – 1st Horse B 2nd Horse A; Race 2 – 1st Horse D, 2nd Horse C; Race 3 – 1st Horse E, 2nd Horse F
- Race 1 – 1st Horse B, 2nd Horse A; Race 2 – 1st Horse C, 2nd Horse D; Race 3 – 1st Horse F, 2nd Horse E
- Race 1 – 1st Horse B, 2nd Horse A; Race 2 – 1st Horse D, 2nd Horse C; Race 3 – 1st Horse F, 2nd Horse E
The total cost per bet varies. For instance, with the combination forecast you're placing a minimum of three straight forecasts bets which means your initial stake is multiplied by six due to the combination of six wagers in total (after all, the straight bet is made of two wagers in one). With the reverse forecast double, on the other hand, you'll have four doubles which means this time the total stake is multiplied by four.
Forecast bet calculator: Quickly see what your potential return is
Despite this popular but hard to understand bet type being hard to calculate properly, we've got you all covered. You won't need to do it all by hand and wonder how the winnings might chance according to the odds and according to how much you'll pay. And we won't only ‘show odds’ or let you input your data into ‘any’ column and then leave you with a general answer. No, we let you pick from a wide variety of features and then show you a complete bet outlay that includes how much money you'll need to pay the total stake, what are your potential returns and profit. And we'll allow you to save the betslip, change the data you've entered and see how some slight variations can lead to really different results. All of that, in no time.
How to use the forecast bet calculator?
Our tool is really easy to use and you'll just need to go through several steps.
Select odds format
First things first, you'll have to select what format you'll be inputing the odds in. Will it be fractional, decimal or american so that our tool will take this into account when doing the calculations.
Pick bet details
Now, when you'd like to calculate the potential winnings you can accumulate when you place forecast bets, you'd need to provide some more details on the types of wagers you'd like to work out the return on. First, you'll have to switch between straight and reverse and then whether the bet will be single, double or treble.
Enter the odds and the stake
Depending on the type of bet you're placing, you'll have to enter the odds on your selections. Put them in the respective fields and then scroll down to the stake section. You can show whether you're inputing the total one or the stake per bet, input the number and then confirm the calculation to see the full bet breakdown.
Why use a Forecast bet calculator?
Calculating forecast bets isn't easy. For one, there are plenty of varieties and different type of bets available. Second, whereas some bookies offer fixed odds while others use the starting price so the dividends aren’t declared until after the race finishes. This means the odds don't multiply as it would be with standard types of multiple bets. Combine that with the best odds guaranteed promotions and other betting offers, such as the ones bet365 provides you with, and the calculation becomes even higher.
FAQs on placing a Forecast bet
How much does a Forecast bet cost?
The cost of placing a forecast bet can vary greatly and not only due to you picking different stake amounts. This variety comes due to the many variations of forecasts, too. For instance, with the combination forecast bet you need to select a minimum of three competitors but then you're actually placing a minimum of six bets which means your stake is multiplied times is due to the combinations you'll have to place.
How much can a Forecast bet return?
It's hard to predict the correct returns you can make when you place the bet. After all, different races have different odds, the calculation varies per your wager and the type of forecast you'd be placing. So, to see an example of how the bets returns can turn out, it's best to use our free forecast calculator.
What is a reverse forecast?
That's another type of popular wager where you're actually placing two straight forecast bets and picking two horses to finish first in any order.
What is Exacta forecast?
That's pretty much the same type of bet as the Straight Forecast option. The difference is mainly that the prize you'd get will be funded by the Tote.
