What Does ‘Plus 100’ Mean in Betting?

Most bookmakers will offer an alternative way to lay wagers. Instead of accepting your usual straight bet, they may ask you to make a ‘plus 100′ side bet. What does this mean?

Put simply, a ‘plus 100′ side bet means that you are making an additional wager on the outcome of a sporting event. For example, you might place a side bet on Tottenham Hotspur to win the English Premier League. When they win, you would win a £100 (or the equivalent in your local currency).

Nowadays, ‘plus 100′ is used mainly in horseracing. The concept is that the outcome of the race is uncertain, so you need to lay additional wagers to have a chance of winning.

Horse Racing

Horse racing is one of the biggest sports in the United Kingdom. Every year, thousands of people attend horse races at venues like Ascot and Newmarket, watching the jockeys as the horses run around the track. This is followed by a feast of British classics such as Scotch broth, Haggis, and Tattie Potatoes.

If you follow equestrian sports, you will know that the outcome of these races is often unexpected and leads to huge amounts of money being won and lost on the result. For example, if you were to bet on the favorite, you might win £100 if that horse wins. However, if the third-favorite wins, you would only win £50.

This is what makes horse racing so appealing to gamblers. If you are feeling particularly lucky, you might place a ‘plus 100′ side bet on a horse that you have never heard of before. You might even place a bit of a novelty bet on the name of a sports team (e.g. ‘all Spurs to lose’ or ‘all Chelsea to win’).

In theory, anything can happen in a horse race. The best horse does not always win, and frequently there is a surprise result that confounds the bookmakers and the majority of bettors.

Why Are Bookmakers Using This Term?

‘Plus 100′ is just one of many terms used by UK bookmakers to describe an extra wager on a sporting event. Others include ‘exotic bets’ (e.g. ‘hippos vs. zebras’), ‘futures’ (e.g. ‘Cricket: Australia to beat England in 2019′), and even ‘parlor tricks’ (e.g. ‘Australian fans can’t wait to see the Wallabies rout England in the 2019 Rugby World Cup’).

The use of these terms varies from bookmaker to bookmaker. Sometimes, the terms are used interchangeably (e.g. ‘parlor tricks’ and ‘hippos vs. zebras’), while other times, they have separate meanings (e.g. ‘plus 100′ and ‘exotic bets’).

This diversity is likely a reflection of the fact that many bookmakers offer a range of betting products. If you are looking for a traditional bookmaker with a good reputation, you might want to consider them. However, if you want to try something new, you might find better luck at an online casino.

Is This Type Of Betting Legal?

The use of these terms is generally regarded as legal in the United Kingdom. Some UK law books even refer to the practice as a form of ‘vigorous game fishing’. (1) Vigorous game fishing is generally defined as fishing for sport during which you use artificial lures or bait to catch fish. (2) However, that is not to say that all forms of this betting are legal. Always seek legal advice if you are not sure whether or not this form of betting is permitted in your region.

What Are The Downsides Of This Type Of Betting?

Although the use of these terms is generally regarded as legal, it is not without its downsides. The most notable downside is the fact that bookmakers frequently levy a ‘commission’ on these bets. The exact amount of this commission varies from bookmaker to bookmaker, and it is typically between 5% and 10%. This makes these bets less appealing to people who need to keep their financial details secret.

Is This Type Of Betting Any More Fun?

It is a common misconception that this type of betting is less fun. In fact, it can be incredibly fun. You just need to know which bookmakers offer this option, as there are many different games and competitions that you can get involved in.

However, the main downside to this form of betting is that it is far more difficult to get involved in. It is not uncommon for online bookmakers to require you to sign-up for an account and make a deposit before they will allow you to place these types of bets. This requirement is to discourage people from placing these bets casually, as it takes a lot of effort to keep your anonymity when you are placing these types of bets.

The Conclusion

As you might have guessed, this was a comparative analysis of what does ‘plus 100′ mean in betting and why bookmakers use this term. Now that you know the answer to that question, you can decide for yourself whether or not this type of betting is right for you.