Combination Bet [Meaning] - MasterTerms.com

Combination Bet

A Combination Bet is a type of wager that allows bettors to combine multiple selections into a single bet, increasing the potential payout while also raising the risk.

This betting method involves selecting two or more outcomes from different races or events and combining them into one bet. For a Combination Bet to win, all selections must be correct. This bet is popular because it offers higher odds compared to placing individual bets on each selection, but it also requires greater accuracy, as any wrong selection results in a loss of the entire bet.

Combination Bet Example

For example, if a bettor places a Combination Bet on three different horses to win their respective races, all three horses must finish first for the bettor to win. If even one horse does not win, the entire bet is lost.