What does total bookings mean in betting? For many bookmakers, it means that you are ready to bet on the first leg of a double bet or the first point of a round. But what does it really mean?
The first leg of any bet means the price has not changed since the last time you tested on that leg. So if you win the first leg by two points, your bet is a winner. But it will be an extra point because the bookmakers have to factor in the new total at the time they post the odds. So for the second leg of the bet, your price may have changed, but not by enough to make a profit.
What does this mean to you? In general terms, bookmakers want to be able to post the odds at all times and be able to count all the legs going their way. The problem comes up when there are a lot of games on a weekend and there are only so many spots left open. That means bookmakers need to post the odds at all times, including when the last bet was made – if the last leg finishes before the next game, the bookmakers need to update their odds immediately so they can post the new total on the board.
This is why many bookmakers now include total bookings on their online sites. They want to be able to update their odds at all times so that when a customer thinks they have seen a good price, they know that the bookmaker has it available. And that makes all the difference in the world when you are betting. It used to be a lot more difficult to work out what the odds were when you had several games going at once.
Now, all you really have to do is go to your favorite online bookmaker’s website and you will see what they offer on the charts. You will also see what the odds are for each game. Most bookmakers want you to know what price to pay so that you can make informed decisions when you are betting. Let’s face it – if you are betting on one race and there are other bets going on at the same time with different amounts, you don’t want to pay too much just to beat the odds.
When you are looking at the pricing on the charts at your bookmakers, you want to take a close look at the Total Booking column. What does this mean? Basically, you should know what the price of each leg is as well as the final price of the whole race. If the bookmaker has two evenly priced legs and the price on the first leg is less than the price on the second leg, you would be better off paying out less on the first leg and saving the money for another bet at the end of the race.
On the flip side, if you see that the total price on the first leg is more than the amount on the second leg, you might want to pay out more for the second leg. Obviously, there are a lot of variables involved. What you need to do is to start gathering information about the horses that are running, the jockeys, the trainers, the conditions, the distance and the track. With that information, you should have enough knowledge to pick winners at your tracks.
The last piece of information that we need to discuss is what does total bookings mean in betting results. This means knowing what you stand to gain or lose by placing your bets. Most bookmakers will allow you to place bets based on what the overall betting statistics say. Some will allow you to choose what the line will be. If you are good at predicting the betting trends, you can get a higher level of control. However, if you are not good, you will be forced to take the bets that the bookmaker is offering.