A Reverse Forecast Bet, often found in horse racing and greyhound racing, is a type of bet where a punter selects two participants to finish first and second in any order. This means that as long as the two selected participants occupy the top two positions, regardless of the order, the bet is a winning one. Essentially, it is a combination of two straight forecast bets.
How is a Reverse Forecast Bet different from a Straight Forecast Bet?
A Straight Forecast Bet requires the punter to predict the exact order of finish for the first two positions, whereas with a Reverse Forecast Bet, the order of the top two doesn’t matter. This makes the Reverse Forecast a combination of two straight forecast bets: one for the chosen participant A to finish first and participant B to finish second, and another for B to finish first and A to finish second.
How much does it cost to place a Reverse Forecast Bet?
Since a Reverse Forecast Bet is essentially two bets in one, it will cost twice as much as a standard bet. So, if your usual stake is $5, a Reverse Forecast Bet would cost $10.
Are the odds for Reverse Forecast Bets fixed?
No, the odds for Reverse Forecast Bets are not fixed and will depend on the individual odds of the participants selected. The potential return on this type of bet can vary significantly based on the finishing positions and the initial odds of the chosen participants.
Can I place a Reverse Forecast Bet on other sports besides horse racing?
While most commonly associated with horse racing and greyhound racing, some bookmakers might offer Reverse Forecast Bets for other events with a clear finishing order, such as motor racing. However, it’s less common outside of racing sports.
Is a Reverse Forecast Bet the same as an “Each Way” bet?
No, they are different types of bets. An “Each Way” bet is essentially two bets in one: one for the chosen participant to win and another for the same participant to place (usually meaning finishing in the top 2, 3, or 4 depending on the event). A Reverse Forecast Bet, on the other hand, specifically involves two participants and bets on them finishing in the top two in any order.