Description
Betting on virtual races is presented in a similar way to real races however rather than being based on a real event, the outcomes are determined by a random number generator (RNG) with weighting applied proportional to the listed odds.
Random Number Generator (RNG)
The RNG has been independently tested by an accredited testing supplier details are available upon request.
Frequency
Races are run regularly every 3-30mins 24 hours a day, 7 days a week and players can play at any time, we do however recommend that you limit your time and always gamble responsibly.
Determining Return to Player (RTP)
For all the markets presented in this game, the customer can see all the possible outcomes and the prices offered. This allows the player to calculate the RTP of the market if they wish.
Each race is unique and due to this there will be some variance in the RTP due to rounding, the number of runners and differing house margins for some sports. The RTP will fall in the ranges shown below.
Race | Min RTP Win | Max RTP Win | Avg. RTP Win | Min RTP Place | Max RTP Place | Avg. RTP Place | Avg. RTP Forecast | Avg. RTP Tricast |
Horses | 86.40% | 91.37% | 88.88% | 87.78% | 91.47% | 89.62% | 85.00% | 80.00% |
Greyhounds | 87.96% | 92.69% | 90.33% | 88.93% | 92.91% | 90.92% | 88.00% | 84.00% |
Speedway | 91.24% | 94.89% | 93.06% | 92.25% | 94.24% | 93.24% | 91.00% | N/A |
Cycling | 86.16% | 91.36% | 88.76% | 87.82% | 91.47% | 89.64% | 85.00% | 80.00% |
Trotting | 86.39% | 91.39% | 88.89% | 87.82% | 91.59% | 89.64% | 85.00% | 80.00% |
Win Bet
To determine the RTP of a Single Win Bet, divide 100 by each of the potential odds. Add these figures together and divide 100 by the sum and multiply by 100 to obtain a percentage. This gives the overall RTP shown bottom right of the following table.
For example, if the race has four outcomes with the below decimal odds, here is an example of how the RTP can be calculated:
RACER 1 1.25 100/1.25 80.00
RACER 2 8.5 100/8.5 11.76
RACER 3 11 100/11 9.09
RACER 4 23 100/23 4.35
Total 105.20
(100/105.2)*100 95.05%
Place Bet
To determine the RTP of a Single Place Bet, divide 100 by each of the potential odds. Add these figures together and divide by the number of prize-winning places, take this and divide 100 by the result and multiply by 100 to obtain a percentage. This gives the overall RTP shown bottom right of the following table.
For example, if the race has 8 runners(thus 3 place winning positions) with the below decimal odds, here is an example of how the RTP can be calculated:
RACER1 1.74 100/1.74 57.47
RACER 2 1.99 100/1.99 50.25
RACER 3 2.05 100/2.05 48.78
RACER 4 2.1 100/2.10 47.62
RACER 5 2.2 100/2.20 45.45
RACER 6 2.45 100/2.45 40.82
RACER 7 3.12 100/3.12 32.05
RACER 8 6.6 100/6.6 15.15
Total 337.60
337.60/3 112.53
(100/112.53)*100 88.86%
Multiple Bet
If a customer chooses to place a multiple bet then the RTP is calculated as the product of the RTPs of the selections included in the multiple:
For example, assume that we are placing a treble on three races and that the RTP in each constituent race is 95.5%, calculated as above.
The potential payout of the bet being the product of the prices offered for the individual selections. The actual chance of the bet winning will be the product of the individual chances of the constituent selections. These combined statements cause the RTP to be the product of the individual RTPs for each selection. The given example would be calculated as follows.
The change of an accumulator winning is
P(m)=p(s1)*p(s2)*p(s3)
And the overall price is :
Overall_price=price1*price*price3
Therefore since RTP of the multiple
P(m) * overall_price
{p(s1)*p(S2)*p(s3)}*{price1*price2*price3}
{p(s1)*price1}*{p(2s)*price2}*{p(s3)*price3}
RTP1*RTP2*RTP3
0.95*0.95*0.95
0.86
Minimum Bet and Maximum Win
Betting in virtual racing has some limits, we have various minimum and maximum bet limits that may be encountered. These are dynamic and will vary depending on type of bet but will kick in to prevent you placing bets for which we would not return at the correct payout. We do this to ensure you will always receive the amount listed as a payout if your bet wins, if a limit would prevent this payout you will be asked to amend your bet amount before it will accept the submission.
Broadcasts
Races are broadcast as live video streams through an integrated media player, you can switch between any of the sports using the menu across the top of the screen.
Odds
You can set your odds to be any of Fractional / Decimal / American these all have their own nuances and it is a personal preference for what you are used too. None of these options affect your returns in any way it is just different systems for calculating or comparing the return. The default is Decimal, where the stake is multiplied by the decimal to calculate the return.
Users should be aware that, by their nature, fractional and American odds are rounded to the nearest number as appropriate. Therefore, in cases where the game or the user is playing with Fractional or American odds, the game will calculate based on the Decimal equivalent. The decimal values should be considered to be the true and correct values to two decimal places.
Basic Navigation
Each race has its own broadcast stream and betting options. The tabs running across the top counting down to the next race of each type allow you to switch between races.
Below the stream are the following options:
Select which race you want to bet on, the next six are visible by default and you can scroll across to view the next 20 races.
Clicking on the name of racer will expand out their details and give you more information about them, and their history, clicking on their name again will hide this extra information.
Placing a bet, after you have selected a race, you can select a bet by clicking on the odds, this will add them to the betting slip.
The bets for any race close 10 seconds before the start of a race if the Bet slip has not been submitted by this time the bets will get greyed out of the betting slip and cannot be submitted.
Immediately below the stream on the right-hand side are options for viewing the latest results so you can see who won in any of the past races, in addition you can see your last bets and the outcomes, including any wins and returns, so you can always look back and find out if you won.
Malfunction leading to a race not running for any reason will Void bets for that race and return any stakes.
Users should be aware that, by their nature, fractional and American odds are rounded to the nearest number as appropriate. Therefore, in cases where the game or the user is playing with Fractional or American odds, the game will calculate based on the Decimal equivalent. The decimal values should be considered to be the true and correct values to two decimal places.
Bets Explained
We offer a wide range of betting options this section aims to help you understand these bets.
Singles
Single - Win Bet
This is where you submit a bet on a single racer to win, if the selected racer does not finish in 1st place no win is returned.
Single - Place Bet
This bet can be slightly different depending on the number of racers in a race and is where you submit a bet on a single racer to finish in a prize-winning place, if the selected racer does not finish in any of these places then no win is returned.
NUMBER OF RACERS PRIZE-WINNING PLACES
16 1st 2nd 3rd 4th
8-15 1st 2nd 3rd
5-7 1st 2nd
4* 1st 2nd
*Normally races would not accept a place bet on 4 or fewer racers but we at 1x2Gaming offer you that chance
Single-E/W (Each Way) bet
This is a combination of the two above bets, win bet and place bet, and will cost double your stake. The E/W bet will pay out the Win and the Place return if the racer finishes in 1st place, or will pay out the place return if it places in paying position dependant on the race type.
Forecast (Straight Forecast)
Forecast bet is where you predict which racer will finish in 1st and 2nd place if you get both racers correctly predicted you win, if just one of the racer is wrong you get no return.
Reverse Forecast (Dual Forecast)
You can place this type of bet by using the “Any” button in the Forecast screen, this is an extension to the Forecast bet where you select two racers that need to come in 1st and 2nd place but in any order. This bet will cost double your stake and will return nothing if either racer does not finish in the top two.
Tricast
A Tricast bet is where you predict which racers will finish in 1st, 2nd, and 3rd place if you get all 3 racers correctly predicted you win if just one of the racers is wrong you get no return.
Reverse Tricast (Combination Tricast)
You can place this type of bet by using the “Any” button in the Tricast screen, this is an extension to the Tricast bet where you select three horses that need to come in 1st 2nd and 3rd place but in any order. This bet will cost six times your stake and will return nothing if any of the three selected horses does not finish in the top three.
Note: When placing a reverse Tricast bet the prize value is shown as an estimate of the range of the possible win should the selected racers finish in the designated positions.
Multiples bets
In order to place this type of bet, you need to select multiple racers from different races onto your bet slip, if you select more than one entrant for the same race these options will be disabled.
You should be able to select win, place, or e/w bets for the multiples but not combinations within the same multiple, if when you selected the entrants from the race screen you use a selection of types they will be converted to whichever bet type is selected for the multiple.
The number in brackets beside the multiple abbreviation i.e. DOU (10) means that to place this bet with the currently selected racers this bet will cost 10 times the stake.
The following table list all the multiples options with their abbreviations and descriptions of what they mean.
Accumulator [ACC] / X-Fold [XFD]
An Accumulator bet is 1 bet involving 2 or more selections in different races. (Also called an X-Fold Bet)
For example
- Buzzer to win at 10:04 Trowbridge Horse Race.
- Sea Mist to win 10:09 Bridlington Dog Race
All selections must be successful for the bet to win, with returns being reinvested in subsequent races.
Double [DOU]
A double is 1 bet involving 2 selections in different races.
For example
- Buzzer to win at 10:04 Trowbridge Horse Race.
- Sea Mist to win 10:09 Bridlington Dog Race
Both selections must be successful for the bet to win, with returns from the first reinvested on the second.
If more than 2 selections are made this option will enable all combinations of doubles possible and increase the stake to cover placing all those bets.
Treble[TRB]
A treble is 1 bet involving 3 selections in different races.
For example
- Buzzer to win at 10:04 Trowbridge Horse Race.
- Sea Mist to win 10:09 Bridlington Dog Race
- Nick Walter to win at the 10:12 Barnstable Speedway
Returns from the first are reinvested on the second and then onto the third. All selections would all have to win for the bet to be successful.
4-Fold [4FD]
A 4-fold is 1 bet involving 4 selections in different races.
For example
- Buzzer to win at 10:04 Trowbridge Horse Race.
- Sea Mist to win 10:09 Bridlington Dog Race
- Nick Walter to win at the 10:12 Barnstable Speedway
- Life Jacket to win at 10:08 penrith Horse Race
All selections must be successful for the bet to win. Winning returns are reinvested on successive selections.
5-Fold [5FD]
A 5-fold is 1 bet involving 5 selections in different races. All selections must be successful for the bet to win. Winning returns are reinvested on successive selections.
6-Fold [6FD]
A 6-fold is 1 bet involving 6 selections in different races. All selections must be successful for the bet to win. Winning returns are reinvested on successive selections.
7-Fold [7FD]
A 7-fold is 1 bet involving 7 selections in different races. All selections must be successful for the bet to win. Winning returns are reinvested on successive selections.
8-Fold [8FD]
An 8-fold is 1 bet involving 8 selections in different races. All selections must be successful for the bet to win. Winning returns are reinvested on successive selections.
9-Fold [9FD]
A 9-fold is 1 bet involving 9 selections in different races. All selections must be successful for the bet to win. Winning returns are reinvested on successive selections.
Trixie [TRX]
A trixie consists of 4 bets involving 3 selections in different races, 3 doubles and 1 treble. Any two winning selections guarantee a return. If any 2 of your selections win, 1 of the double bets gives a return. If all 3 of your selections win, all 3 of the doubles, and the treble give a return.
Patent [PAT]
A patent consists of 7 bets involving 3 selections in different races, 3 singles, 3 doubles and 1 treble. Any one winning selection guarantees a return.
For example
- Buzzer to win at 10:04 Trowbridge Horse Race.
- Sea Mist to win 10:09 Bridlington Dog Race
- Nick Walter to win at the 10:12 Barnstable Speedway
If any 1 of your selections wins 1 of the single betts give a return. If any 2 selections win, 2 of the single bets and 1 of the doubles give a return. If all 3 selections win, then all 3 singles, all 3 doubles and the treble give a return.
Yankee [YAN]
A yankee consists of 11 bets involving 4 selections in different races, 6 doubles, 4 trebles and 1 four-fold. Any two winning selections guarantee a return.
For example
- Buzzer to win at 10:04 Trowbridge Horse Race.
- Sea Mist to win 10:09 Bridlington Dog Race
- Nick Walter to win at the 10:12 Barnstable Speedway
- Life Jacket to win at 10:08 Penrith Horse Race
If any 2 of your selections win, 1 of the doubles gives a return. If any 3 selections win, 3 of the double bets and 1 of the trebles give a return. If all 4 selections win, then all 6 doubles, 4 trebles and the four-fold give a return.
Super Yankee [SYK]
A super yankee consists of 26 bets involving 5 selections in different races, 10 doubles, 10 trebles, 5 four-folds and 1 five-fold. Any two winning selections guarantee a return.
Lucky 31 [L31]
A lucky 31 consists of 31 bets involving 5 selections in different races, 5 singles, 10 doubles, 10 trebles and 5 four-folds and 1 five-fold. Any one winning selection guarantees a return.
Heinz [HNZ]
A heinz consists of 57 bets involving 6 selections in different races, 15 doubles, 20 trebles, 15 four-folds, 6 five- folds and 1 six-fold. Any two winning selections guarantee a return.
Lucky 63 [L63]
A lucky 63 consists of 63 bets involving 6 selections in different races, 6 singles, 15 doubles, 20 trebles, 15 four- folds, 6 five-folds and 1 six-fold. Any one winning selection guarantees a return.
Super Heinz [SHZ]
A super heinz consists of 120 bets involving 7 selections in different races, 21 doubles, 35 trebles, 35 four-folds, 21 five-folds, 7 six-folds and 1 seven-fold. Any two winning selections guarantee a return.
Goliath [GOL]
A goliath consists of 247 bets involving 8 selections in different races, 28 doubles, 56 trebles, 70 four-folds, 56 five-folds, 28 six-folds, 8 seven-folds and 1 eight-fold. Any two winning selections guarantee a return.