What is Winning Bet? Winning Bet Explained in 2 minutes
Jesse M. Cox Last Verified
31/03/2021
What is a Winning Bet?
Put simply, a winning bet is what every bettor is hoping for every time they visit an online bookmaker. A winning bet, as opposed to a losing bet, is one in which the right prediction has been made and the bettor makes a profit on their original stake. Check out betting.net™'s football and horse racing betting tips to improve your chances of placing a winning bet.
How is a Winning Bet Used in Sports Betting?
There are almost as many types of winning bet as there are types of sports betting. From a treble on horse racing, through a single bet on the man of the match in a test match to a spread bet on the number of century breaks which will be scored during the course of a snooker tournament. The following are examples of winning bets, and the amount of profit which would be made on them:
A Winning Single Bet
A bettor stakes £10 on Galloping Guy in the 3.15 at Haydock. Because the horse isn’t considered a favourite at all, the bookie is offering odds of 15/1. When the horse wins, the bettor receives winnings of £160, which is made up of £150 profit and the original £10 stake.
A Winning Treble Bet
On a busy night of Premier League action a bettor places a bet on three teams all to win their matches. The teams are Manchester United, who are 3/1 to beat Liverpool at home, Burnley, who are 6/4 favourites to beat Brighton at home and Arsenal, who are an outside bet of 12/1 to beat Manchester City away. When Arsenal score a late winning goal it means that all three predictions are correct, and the treble becomes a winning bet. For a stake of £5, the bettor would receive winnings of £650, a £645 profit plus the original £5 stake.
A Winning Spread Bet
A bookmaker is offering a spread on the number of no balls which Ben Stokes will bowl during a Test Match with India. The bookmaker offers a spread of 20-22 no balls and the bettor buys at 22, because they think there will be more no balls than this. In the event, Joe Root bowls 25 no balls, which means a £100 winning bet would pay out a profit of £300.
