The bets have an interesting balance; the desire to win consistently and the desire to win big and these two choices are not always easy to do together. The higher the odds, the lower the chance of success. However, there is one option you can use to keep your bets small, your success rates high, and still retain the chance of a big win: permutations. Within bets, permutations generally mean the different variation that offers a solution to a problem. Let me give you an example which should hopefully make it a bit easier to understand.
There is a three-horse race at Epsom today. The horses are named “A”, “B” and “C”. Obviously they will come home first, second and third and you will want to put a tricast on the race. This means that you are going to predict the first three horses in order. In how many different orders can the horses come?
Well, let’s see, they could end up in these orders:
abc
B.C.A.
CAB
CBA
bac
CBA
This means that there are 6 permutations of three finishing orders of three knights. So what difference does that make to us gamers?
Well, it’s fair to say that I’m a strong advocate of straight individual betting. The problem with this is that the returns are rarely spectacular. Of course, the best way to improve them is to place multiple bets in an accumulator, but the more results you link, the lower the chance of hitting. This is where the permutations come in: if we had bet on all of the above options, we would have guaranteed to have the tricast for the race covering all possible solutions. Sounds great, huh? Well, it is and it isn’t. The fact that bookmakers allow you to place these permutations on itself should be proof enough that they don’t see them as a risk. The main reason for this is that as multiple bets increase, the number of permutations also increases, making the cost of backing them higher than the potential reward. Let’s look at the 3.15 today at Wolverhampton, there are 11 runners with odds ranging from 2-1 to 33-1. If we were to cover all possible combinations of three horses finishing in order, we would have to cover 990 different combinations. This would leave us in a rather precarious position. If we had bet €1 on each permutation, it would cost us €990 and if the three favorites came out first, second and third, we would receive €175.50. That’s a great return on a £1 bet but pretty awful compared to a £990 outlay.
Of course we could get lucky and the three furthest in the betting could go in and we’d win back £9282, but it’s a tough risk to take on and not one I highly recommend, after all, favorites are favorites for a reason. . For his reference, the actual tricast returned £760.50.
So how can permutations be useful in betting? How can they be adjusted to make a usable solution?
Well, the first thing you need to do is decide what you are going to use the permutations for. Personally, I only use finish order permutations in Greyhounds – with only six runners, the final numbers aren’t too high.
The other permutations could be the results of a contest. Let’s say, for example, that you have 5 football matches and you are sure that the result will be a home win or a draw. You could cover all possibilities to ensure you have a winning accumulator as long as there is no away game. win
If your bet was the following:
Tottenham draw or win
Dagenham draw or win
Liverpool draw or win
draw or win manchester united
Stoke draw or win
So there would be 32 different possible accumulators. This is easy to figure out, just take the number of chances in each contest and multiply it by the number in the next contest and so on. In this case we are covering the options, the home win and the tie, so it would be 2x2x2x2x2 giving us a total of 32. The rule of thumb is that you should have odds on each outcome higher than the number of variations. In this case, there are two options in each match, so the odds must be higher than even.
If you decided to do a three-horse medley race by picking three horses in each race, there would be 27 different variations: 3 x 3 x 3.
each combination
You can of course cover all the different bets that constitute within a selection. This means that if you choose 4 different events, you could cover the accumulator of all four solutions, the four different ways to get 3 correct out of four, the 6 possible ways to get 2 correct out of four, and the simple 4 possible out of four. . This exact bet is also generally known as Lucky 15 and is a very common bet among horse racing bettors. Well technically you could pick two horses from each race and then write down the lucky 15 to cover all the possibilities.
The most common format for winning with permutations is still TOTE betting. The Scoop 6 bet, for example, asks you to pick the winner of 6 specific races for a small fee. If we chose 2 horses in each race instead of 1, we would pay 64 times (2x2x2x2x2x2) that small fee. Some people will only have one pick on a couple of races they feel very confident in, allowing them to pick multiple fantasies on other races without raising the overall stake.
So what’s the last word? Jackpot permutations can be used to increase the amount of winnings and more specifically the chances of winning, but they should be used sparingly as part of your arsenal and not on all bets. Experiment with them, try different things, and try to find the right balance between covering all the possibilities and the cost of doing it. Always remember the rule of thumb that if you are going to include a selection, the odds offered must be greater than the number of selections you have in that event.