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Littlegaz
5th August 2007, 16:42
What's the payout on a reverse forecast - is it a multiple of the straight forecast dividend?

Example - I'm paper trading something that put up a RF yesteday that came in with a winner at 4/5 and second at 15/8. The straight forecast dividend was 2.67. What's the RF payout? :doh

Still a little ignorant in these areas, despite being around here for a while. Perhaps some of you pro bods can help.

markwales
5th August 2007, 16:54
The payout is the same.... but it's 2 bets instead of one, so double the stake.

wb
5th August 2007, 16:58
A Reverse forecast is essentially 2 bets.

If you fancied Horse A and Horse B to come first and second, but you were not sure what order - you could do a RF. It would essentially be:

1) A forecast bet on Horse A coming first and Horse B second
2) A forecast bet on Horse B coming first and Horse A second

Obviously, you lose one of your bets automatically. The payout will be as normal on whichever forecast came in.

Merlin
5th August 2007, 17:05
2.67 Returned
2.00 Laid Out
Profit 0.67

Littlegaz
6th August 2007, 00:37
Thanks chaps.

Win2Win
6th August 2007, 08:53
It's also the biggest betting rip-off you can get.

You get a 66/1 in 1st & 2nd, and you are lucky to get £500

Merlin
6th August 2007, 10:19
It's also the biggest betting rip-off you can get.

You get a 66/1 in 1st & 2nd, and you are lucky to get £500

Its worse than that...coz that 66/1 winner should be 100/1 :laugh

Littlegaz
6th August 2007, 18:32
It's also the biggest betting rip-off you can get.

You get a 66/1 in 1st & 2nd, and you are lucky to get £500
And it's that "say it like it is" advice that sets this forum apart from the others. Thanks Keith :thumbs, I'll ignore the RFs from now.

bigcumba
6th August 2007, 19:03
If you do want to do these it's generally better to go for the Tote version rather than the bookies one - usually better payouts, especially if there are bigger priced horses involved.