Forecast Definition

Forecast is a wager on a single event that requires a punter to correctly predict the finishing order of the first two finishers in the event.

Forecast bets are usually placed as outright bets on the outcome of a football competition, with punters usually predicting the two teams to finish as 1st and 2nd in one of the major leagues or competitions.

Alternatively, forecast can be used to predict the exact finishing order of a horse or greyhound race.

Example

A player places a forecast bet on the outcome of English Premier League, backing Manchester United to finish in 1st place and Chelsea to finish in 2nd place. If the two teams finish the Premiership campaign in the specified order, the bet is won, while any other outcome will result in losing the bet. Therefore, a punter needs to correctly predict the winner and the runner-up in order to qualify for a return.

Forecast Pros and Cons
Pros
  • Very sharp odds
  • High potential returns
  • Available at most online bookmakers
Cons
  • High risk involved
  • Two selections merged into one