Are you intrigued by the world of horse racing and curious about the different types of bets you can place? One interesting option is the swinger bet.Â
In simple terms, a swinger bet lets you pick two horses you think will finish in the top three in any order. This type of bet offers more flexibility than picking the exact order of finishing horses, making it ideal for beginners.
Read on to find out how it works, why it’s popular, and how you can get started with swinger bets.
A swinger bet is straightforward and easy to understand. You simply choose two horses that you believe will finish in the top three positions in a race.
Unlike other types of bets, the exact places these horses finish in don’t matter as long as they are both in the top three. For example, if you pick Horse A and Horse B, you win if they finish 1st and 2nd, 1st and 3rd, or 2nd and 3rd.
This type of bet offers a higher chance of winning compared to betting on an exact order. It’s great for beginners who want to feel the excitement of horse racing and place bets without the pressure of predicting precise outcomes.Â
Swinger bets are popular because they are flexible and often offer better odds compared to simpler to-win or to-place bets.
Now that you understand the basics and what this type of bet entails, you can approach it more confidently if you choose to try placing a swinger bet in the future.
The calculation of a swinger bet is relatively simple. Your winnings depend on the odds of the two horses you have chosen to place in the top three.
First, you need to check the odds for each horse individually. These odds are usually displayed next to the horses’ names before the race.
Once the race is over, and if your two horses finish in the top three, the bookmaker combines the individual odds to determine your payout. The combined odds are calculated by taking into account the finishing positions of the two horses. Higher odds generally mean higher potential winnings.
Your final winnings will be your stake multiplied by the combined odds of your chosen horses’ placements.
For example, if you placed a £5 bet and the combined odds of your two horses finishing in the top three are 10/1, you would receive £50 in winnings plus your original £5 stake back.
Bookmakers often provide a handy tool or a chart to help you quickly see potential payouts for swinger bets. This makes it easier for you to understand what you might win before placing your bet.
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Whether a Tote swinger bet is a good choice depends on what you’re looking for in your betting experience.
A Tote swinger bet offers a higher chance of winning compared to exact order bets because your two chosen horses only need to finish in the top three, in any order. This makes it a less risky option, especially for beginners who are still learning the ropes of horse racing betting.
Another advantage is that Tote pools can sometimes offer better odds than traditional bookmakers, as the payouts are based on the total amount bet in the pool.
However, if you’re aiming for larger winnings, other types of bets might offer higher payouts since the chances of them winning are lower.
In summary, a Tote swinger bet is a good option if you prefer a bet that offers a higher chance of winning compared to betting on a horse to win outright or the exact order of the two chosen horses. This makes it ideal for those new to horse racing or those looking for bets that offer better odds of winning.
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With Bet 442, you’ll find a range of betting options, including swinger bets, to suit both beginners and experienced bettors.
Our platform is easy to navigate, ensuring you can quickly find the races and bets you’re interested in. We offer a place where you can explore horse racing betting without any hassle or complex steps.Â
Bet 442 also offers comprehensive guides to help you understand the different types of bets and allow you to make informed choices on which bets best suit your preferences and budget.
Signing up is quick and simple, and after creating an account, you can explore all of the different betting options we have to offer on horse racing and a range of other sports and events. Press ‘Register’ to make a Bet442 account and get started.Â
Please gamble responsibly. The information provided in this blog post is for educational purposes only and is not to be taken as gambling advice. Always do your own research and consider your budget before partaking in gambling of any kind.