What is an Up And Down Bet?

Written By: Richard Smith
Last Updated: July 5, 2023

If you are looking for an answer to the question “What Is an Up And Down Bet?” then you have found the right page, as we’ll explain this bet in simple but thorough detail.

An Up And Down bet is also known as a “stakes about” bet, and there are two main versions of this bet, the Single Stakes About bet and the Double Stakes About bet.

It is important to note that a single stakes about bet has two separate combinations (So 6 x 2 = 12 bets)

On this page we’ll answer the questions:

  • How much does an Up And Down bet cost?
  • How many combinations does an Up And Down bet have?
  • How does an Up And Down bet work?

WHAT IS A SINGLE STAKES ABOUT BET?

Below you will find an explanation and calculation answering the questions above about how an Up And Down bet works for single stakes about.

For this example, let’s say we want to place an Up And Down Bet on two selections that have odds of 3/1 and 4/1.

It’s called an Up And Down bet, but the down part comes first and the up part comes second.

Bet 1:
Part 1: Bet £1 on selection A at 3/1.
Part 2: Bet £1 on selection B at 4/1 if sufficient funds are remaining from part 1.

  • So if selection A wins then we have a return of £4.
  • We keep £3 as profit and place the remaining £1 (single stake about) on selection B.
  • So if selection B wins then we have a return of £5.
  • This gives us a total profit on this portion of the Flag bet of £8.

Bet 2:
Part 1: Bet £1 on selection B at 4/1.
Part 2: Bet £1 on selection A at 3/1 if sufficient funds are remaining from part 1.

  • So if selection B wins then we have a return of £5.
  • We keep £4 as profit and place the remaining £1 (single stake about) on selection A.
  • So if selection A wins then we have a return of £4.
  • This gives us a total profit on this portion of the Flag bet of £8.

So in the above example, we are placing a “DOWN” bet of our original £1 stake from selection A to selection B and then we are placing an “UP” bet of our original £1 stake from selection B to selection A.

Of course, if selection A loses, then there is no additional bet on selection B and we’ll only be left with a single win bet on this selection.

WHAT IS A DOUBLE STAKES ABOUT BET?

So this Up And Down bet works exactly the same as the above bet except we are now using double stakes about.

Using a similar scenario as we did above, let’s look at how a double stakes about bet would work with the same stake of £1 and the same odds on selections A & B of 3/1 and 4/1.

Bet 1:
Part 1: Bet £1 on selection A at 3/1.
Part 2: Bet £1 on selection B at 4/1 if sufficient funds are remaining from part 1.

  • So if selection A wins then we have a return of £4.
  • We keep £2 as profit and place the remaining £2 (double stakes about) on selection B.
  • So if selection B wins then we have a return of £10.
  • This gives us a total profit on this portion of our Up And Down bet of £12.

Bet 2:
Part 1: Bet £1 on selection B at 4/1.
Part 2: Bet £1 on selection A at 3/1 if sufficient funds are remaining from part 1.

  • So if selection B wins then we have a return of £5.
  • We keep £3 as profit and place the remaining £2 (double stakes about) on selection A.
  • So if selection A wins then we have a return of £8.
  • This gives us a total profit on this portion of the Flag bet of £11.

It is important to understand that the price of any selection in this type of bet will need to be odds of at least 1/1 or evens. If the odds are lower, there is no way our bet will return £2 so we would not have enough money as a stake to place the up or down portion of the bet.

Conclusion

Up And Down bets are very good bets for punters that like to bet on favourites. This type of bet allows you the option of using an “If then” scenario”

If horse A wins then place me a bet on horse B and vice versa.

The Up And Down (Single Stakes About and Double Stakes About) bet is a major component of the popular “Flag” bet.

If you have never heard of a Flag bet before, we have put together detailed user guides on the original Flag Bet, as well as the Heinz Flag, Super Heinz Flag and the Goliath Flag.

If you like placing combination bets, then Flag bets might be worth taking a look at. You might also want to follow our horse racing expert Richard Smith here at Ontheballbets, and his regular pieces on all the big race meetings including the Cheltenham Festival, The Grand National, Royal Ascot, Glorious Goodwood, Qatar Prix De L’Arc de Triomphe, Breeders Cup, The Melbourne Cup.

Responsible Gambling

The information on this page and across the Ontheballbets website is meant for entertainment purposes and should be viewed as such.

If you are betting on horse racing or any other sport then please make sure to bet responsibly. Only bet an amount that you can comfortably afford to lose.

If you feel you have a friend or relative who has an issue with gambling, then there are groups and organisations that can offer support, such as BeGambleAware, GamStop and The National Gambling Helpline

Richard Smith
Richard Smith

I am a total sports fan, in particular horse racing, football and golf, and have been writing about these and other sports for a number of years. I have had the chance to attend many of the biggest horse racing events in my time and my sporting claim to fame has to be winning the inaugural RacingTV Tipstar contest back in 2014. When not watching or writing about sports and sports betting I like to take an interest in cryptocurrency, and last but not least spending time and playing with my two young grandchildren.

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