Wager Mage
Wager Mage
Photo: A Koolshooter
The so-called 'Bookies' Nightmare' is a horse racing bet involving nine selections, in nine different races, which are combined in a series of smaller multiple bets and one nine-fold accumulator.
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Read More »The so-called ‘Bookies’ Nightmare’ is a horse racing bet involving nine selections, in nine different races, which are combined in a series of smaller multiple bets and one nine-fold accumulator. The smaller multiple are two Patents, one on selections 1, 2 and 3 and another on selections 7, 8 and 9, two Yankees, one on selections 1, 2, 3 and 4 and another on selections 5, 6, 7 and 8, and one Round Robin, on selections 4, 5 and 6. All told, a Bookies’ Nightmare constitutes 47 individual bets. The Patents are simple enough, insofar as they involve three singles, three doubles and one treble on each group of three selections. The same is true of the Yankees, which involve six doubles, four trebles and one four-fold accumulator on each group of four selections. However, the Round Robin is a little more complicated, because it not only involves three doubles and one treble on the remaining three selections, but also three pairs of singles stakes about, or ‘up and down’, bets, which are worthy of further explanation. Assuming the unit stake is £1, for selections 4, 5 and 6, the single stakes about bets are £1 win 4, any-to-come £1 win 5, £1 win 5, any-to-come £1 win 4, and so on for selections 4 and 6, and 5 and 6, making six bets in all. In each case, the second part of the bet is only of any consequence if the first part of the bet wins. For example, if selection 4 wins, the stake on selection 5 will be doubled, but if selection 4 loses there is nothing to come, so the stake on selection 5 will remain the same; if selection 5 then wins, £1 will be deducted from the returns for the any-to-come bet on selection 4, which has already lost.
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We are an independent, advertising-supported comparison service. Our goal is to help you make smarter financial decisions by providing you with interactive tools and financial calculators, publishing original and objective content, by enabling you to conduct research and compare information for free - so that you can make financial decisions with confidence. Our articles, interactive tools, and hypothetical examples contain information to help you conduct research but are not intended to serve as investment advice, and we cannot guarantee that this information is applicable or accurate to your personal circumstances. Any estimates based on past performance do not a guarantee future performance, and prior to making any investment you should discuss your specific investment needs or seek advice from a qualified professional.
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