What is a reverse forecast bet?

A reverse forecast bet is a combination forecast bet where you choose which selections will finish first and second in a selected race. Unlike a straight forecast bet though, the order in which the selections finish is not a part of the bet. 

Reverse forecast bets are becoming increasingly popular in the gambling world, largely because they often offer very high payouts for a low risk. They also offer a little more insurance than a straight forecast bet, despite being a little bit more costly. 

As with any type of bet though, reverse forecast bets come with their own unique set of pros and cons, and that’s why we here at BonusBets.com have compiled the following guide to help you get up to speed with this type of betting. 

A reverse forecast bet is a fairly straight forward type of bet to get your head around. The bet effectively consists of two separate straight forecast bets, covering the possibility of both selections finishing first and second. 

To place the bet, the first thing you need to do is to head on over to your preferred bookmakers and find the sport you are looking for. 

Because reverse forecast bets are only really used in racing based sports, you will probably be placing your bet on horse or dog racing, though, motor sports is becoming increasingly popular as well. 

Once you have done this, you will want to go to your selected race and choose your two selections. 

When they have been added to your bet slips, most bookmakers will provide you with the option of making the bet into a reverse forecast there and then. If they don’t, however, you will likely find the option under the other markets tab ,or potentially a tab specifically for forecast betting. 

Punters should also be aware that the stake they enter into the box will be automatically doubled- this is because you are effectively placing two separate straight forecast bets. 

Now that that is out of the way, let’s take a look at exactly what a reverse forecast bet looks like, using horse racing as an example.

The bet consists of two separate bets: 

1) Horse A to finish first in the race, and Horse B to finish second 

2) Horse B to finish first in the race, and Horse A to finish second. 

This covers both possible outcomes and you will only lose the bet if one or both of the horses fails to finish in the top two. 

One thing you should be aware of here is that the bookies are not likely to offer you odds when you place the bet. 

While some bookmakers might do this, a lot will calculate your returns during the race and you will not find out how much you have won until after the race is run. You can probably work out if it is going to be a good amount or not though based on the odds that were offered on the individual horses winning the race. 

Another thing you should be careful of is any terms and conditions when it comes to non-runners. Most betting sites will just place the single stake on the remaining horse to win if one of your horses fails to run, while others may offer to return the stake to you, depending on how soon it is before the start of the race. 

If you have any concerns or questions over which betting sites are the best, you can check out our detailed bookmakers reviews using the links on this page.