{"id":7392,"date":"2024-05-10T15:00:00","date_gmt":"2024-05-10T14:00:00","guid":{"rendered":"https:\/\/www.oddsmonkey.com\/blog\/?p=7392"},"modified":"2024-05-24T13:17:47","modified_gmt":"2024-05-24T12:17:47","slug":"dead-heat","status":"publish","type":"post","link":"https:\/\/www.oddsmonkey.com\/blog\/matched-betting\/dead-heat\/","title":{"rendered":"Dead Heat: What Does Dead Heat Mean In Matched Betting?"},"content":{"rendered":"

There\u2019s always the potential of a dead heat in some sporting events. But what do they mean for your back and lay bets when matched betting? At <\/span>OddsMonkey<\/span><\/a>, we will answer the question: \u2018what does dead heat mean?\u2019, especially when it comes to matched betting and your potential profits.<\/span><\/p>\n

What Does Dead Heat Mean?<\/span><\/h2>\n

First things first, what does dead heat mean? Essentially, a dead heat is a tie situation. Dead heats happen when two or more competitors finish in exactly the same position or at the same time. They occur mostly when <\/span>golf betting<\/span><\/a> on one of the many tournaments or in <\/span>horse racing betting<\/span><\/a>.<\/span><\/p>\n

What Does Dead Heat Mean In Betting<\/span><\/h3>\n

Now that you know what dead heat means, we\u2019re going to look at more specifically what a dead heat is in <\/span>matched betting<\/span><\/a>.<\/span><\/p>\n

Normally when a dead heat occurs, your back stake is divided amongst the number of tied places. The same thing happens at the betting exchange as well; your liability and lay stake are split amongst the tied places. Check the dead heat rules for individual bookmakers and exchanges to make sure this is how they are operating.<\/span><\/p>\n

Dead Heat Example<\/span><\/h3>\n

But how can you work out what dead heat means in monetary terms? Let\u2019s take a look at the example below.<\/span><\/p>\n

This was the final leaderboard for the US Masters 2019:<\/span><\/p>\n

\"2019<\/p>\n

As you can see, there is more than one dead heat situation in this tournament. Four players are tied in 5th position and three players are tied for 9th.<\/span><\/p>\n

Jason Day is one of the competitors who finished in the four-way tie at 5th position. Now, if you had used the <\/span>Extra Place Matcher<\/span><\/a> and had Jason Day paying out if he finished 6th, would you have won anything? Did anyone actually finish in 6th position?<\/span><\/p>\n

Dead Heat Rules<\/span><\/h3>\n

Dead Heat rules divide your stake between each of the tied places and then payout depending if that part bet won or lost.<\/span><\/p>\n

For Jason Day you would have 1\/4 of your bet treated as finishing:<\/span><\/p>\n