If you haven’t heard of a ‘Flag’ bet, then we’re here to inform you on it. This type of wager consists of 23 individual wagers, requiring the bettor to locate just one that is successful to receive a return. Within the bet, there is a combination of the maximum variation of doubles, trebles and a four-fold accumulator, with single-stakes-about bets.
To put it simply, a bet of this type combines several different types of wagers into one. The 23 bets come from a total of four selections. Flag bets can be ideal for bettors who are familiar with the sport and field they are betting on in plenty of detail.
It’s probably not something that a newcomer should get involved in straight away, as there are certain risks with these wagers. Even though there are many different bets included in the Flag wager, which means that there is more chance of getting a positive outcome, you can still lose with one, too.
One key point to note about this bet is that the selections within it must come in different events as well. For example, if you were betting on horse racing, the selections need to come from four different races. This could play out in the following way:
- Race 1: Runner 3 selected.
- Race 2: Runner 1 selected.
- Race 3: Runner 5 selected.
- Race 4: Runner 4 selected.
Each runner chosen comes from a different race, and this is how the Flag bet is built up.
Understanding Specific Details of the Flag Bet
Before proceeding with this kind of wager, you need to understand the exact details of it. There are different parts included in the Flag, which are as follows:
- Six Double Bets
- Four Treble Bets
- One Accumulator Made Up of Four Selections
- Six Pairs of Single Stakes About Bets
The double bet is a situation in which two participants are chosen in two events and wagered on. For example, a double bet could be placed on two different matches in the Premier League. You could select Everton to beat Crystal Palace and Liverpool to thrash Aston Villa. If both those outcomes occur, then the double bet produces a positive result for you. If one or neither of those outcomes happen, then the bet is lost.
The treble bet is the same as the double bet, but with three selections included from three events.
An accumulator follows the same rules as the double and treble bet, but more selections are included. The four-fold accumulator included in the Flag bet requires four selections, and as with any accumulator, all those selections must win.
Finally, the single stakes about pairs bet is a little more difficult to get to grips with. It also goes by the name of Up-and-Down, Cross Bet, Twist or Vice Versa. To simplify things, it operates as a two-part wager, featuring two selections. The stake going on each selection depends on the outcome of the other. The first part operates as two singles bets, requiring two equal stakes. If either selection wins or breaks even, the stake is returned on that half of the bet. If both selections win, then the stakes are returned on both halves.
The difference with the stakes-about-pairs is that returned stakes on wins are re-wagered on the other selection. Let’s say you do well on the first selection, you get double the stake on the second one. Yet if only one selection is positive, you lose your stake on both. That’s because the returned stake from the first positive outcome is lost when re-invested on the losing second selection.
An Example of the Flag Bet
To really understand how the Flag wager works, it would be ideal to apply it to a proper example. Let’s say you want to wager on the FA Cup, so you make four selections from the upcoming weekend of matches, which are:
- Chelsea will beat Crystal Palace.
- Manchester City will beat Southampton.
- Liverpool will beat Nottingham Forest.
- Everton will beat Middlesbrough.
Even if all those selections don’t succeed, you would still be able to acquire a return, thanks to the Flag bet. Let’s say Chelsea and Man City won their matches; a return would be made because that outcome is covered by the double bets scenario. In the same vein, if Chelsea, Man City and Liverpool all won their matches, a return would come because of the treble bets inclusion in the Flag. Your return would vary, depending upon which bet or bets come in, and it may not cover all of your stake.
What About a Super Flag?
The Super Flag bet is like the standard Flag, but it contains five selections instead of four. Altogether, this results in 46 bets being placed on those five selections, which exist as:
- 10 Single Stakes Abouts
- 10 Double Bets
- 10 Treble Bets
- 5 Four-Selection Accumulators
- 1 Five-Selection Accumulator
Super Flag bets, like Flag bets, can be placed on a wide range of sports, including football, horse racing, and so on. Again, the five selections must be made within five separate events. So, horse racing bettors using this would need to choose five horses from five different races.
Again, the sheer number of bets included within a Super Flag wager does mean that a return of some kind is more likely. Yet the cost of it is also higher for the bettor in the first place. Should you place a stake of £5 on a Super Flag, the total cost of it would be £230, because it costs £5 for each of the 46 bets included in it.
That’s why it is vital that you consider all the factors involved in placing a Super Flag wager. A wrong move could see you lose a significant amount of your bankroll, despite being able to receive a positive return from it as well.