What is a Flag Bet? A Simple Explanation to How They Work
If you are looking for a flag betting explanation, you are in luck. Our article features lots of useful info regarding this bet type, including details on how to flag bet. Also, you can read up on how to make the most of the flag bet calculator. So, what is flag betting all about? Keep on reading to find out.
Flag Betting Explanation: What is Flag Betting and How to Flag Bet?
If you have ever heard of a Yankee bet and what it entails, then you should know that a flag bet is pretty similar. If you are unfamiliar with this concept, don’t worry. We’ll provide a flag betting explanation in a very straightforward manner that is easy to understand.
A flag bet consists of several selections, just like any other bet system. Now, let’s see what makes it different from a Yankee. This combination bet consists of four selections: six doubles, four trebles, and one four-fold accumulator. A flag bet, on the other hand, has all these selections and an addition of six up-and-down singles. That’s 23 bets in total.
All you need to know is that you need at least one winning selection to get a return. However, if you care about making a profit, you need at least three or four of them. One more thing you need to know is that all your selections constituting a flag bet need to come from different events.
We hope you find this flag betting explanation easy to understand. You can find more info on how to flag bet and a handy example below.
To know on which odds you could place a Flag Bet, come check out our selection of best betting sites !
How to Calculate Winnings
Work out your winnings with our Flag Bet Calculator.
Are There Any Particular Advantages to Placing Flagged Bets?
Lots of experienced punters prefer placing system bets because they know their ins and outs, and believe they can garner significant profits. However, if you are a newbie online bettor, you shouldn’t be intimidated by it. There are many advantages to placing this bet type. Now that you are familiar with a flag betting explanation let’s see what they are.
One of the greatest advantages of a flag bet is that it features lots of different combinations. This means that statistically, there are many chances for this bet to be winning. Note, though, that we are talking about statistics here – there is no guarantee that all flag bets will be winners. After all, if predicting results were this easy, online bookies would cease to exist.
Another advantage is that if you manage to get a winning flag bet, you could be on the receiving end of some substantial payouts. Here’s an example.
Let’s say we want to bet on horse racing event. We have chosen our four selections. For the sake of our example, let’s say that they are all winners. These are their assigned odds, respectively: 11/4, 5/2, 9/20, and 50/1. We want to place £1 per bet, meaning £23 in total as there are 23 bets. Should our bet come through, our total return would amount to £3,008.67. This means that our profit would be as much as £2,985.67.
As you can see, that’s pretty substantial. If we want to place £10 per bet (or £230 in total), our profit would amount to £29,856.75. Of course, it goes without saying that our selections need to be victorious.
Could There Be Any Possible Risks When Placing a Flagged Bet?
Just like with all other system bets and bet types in general, the main risk is that your selection falls through. This is why it’s recommended that you do your research before placing any bets. What you should never do is choose your selections out of a whim.
Inexperienced punters can be intimidated when faced with somewhat more complicated system bets. And this is understandable. After all, system bets can be difficult for a newbie to grasp. This is why we hope you find our flag betting explanation helpful. Now that you know how to flag bet, you can try placing it and see for yourself that it’s not so difficult after all.
Additionally, if you are sceptical about calculating your returns with this bet, make sure to read up. We delve into all the details of how to make the most of a flag bet calculator.
What Is a Flag Bet Calculator and How Do I Use It?
When it comes to system bets, calculating profits and returns can be an arduous task. This is why you can use a flag bet calculator. All you need to do is enter your stake and the odds of your four selection. The calculator does all the work for you and presents you with the amounts you can win.
FAQ: All the Most Common Questions Regarding Flagged Betting Answered
We’ll end our article featuring an easy-to-understand flag betting explanation by answering some of the most common questions about it.
What is a flagged bet?
A flag bet is a combination bet consisting of six doubles, four trebles, one four-fold accumulator, and six up-and-down singles. You can find more details about it, a flag betting explanation, and info on how to flag bet right here in our article.
On which sports can I place a flag bet?
Flag bets can be placed on a number of different sports. But they are most popular with punters who prefer wagering on horse races and football, for example.
Which bookmakers offer this type of bet?
Unfortunately, not all online bookies have lots of different system bets available. But, quite a few of those that do are featured in the reviews you can find on our website. Please make sure to check them out.