# Can You Lose Money on a Winning Bet?

In the world of betting, you only make money if you win a bet, and that is a no brainer. Punters break their heads researching teams and sports, all in order to predict the outcome of an event, and place a winning bet. But what if after winning a bet, you find out that you have actually lost money, rather than winning? Can you lose money on a winning bet?

## Can you lose money on a winning bet?

Two of the commonest scenarios in which you can lose money after winning a bet is in the case of multiple bets and each-way bets. Letâ€™s take a brief look at both of them

Multiple bets

Simply put, multiple bets are multiple selections combined into a single bet. Most commonly used in sports like horse racing, there are different types of multiple bets, depending on the permutations and combinations of selections. Some of the most popular ones include Yankees, Lucky 15, and Lucky 31. Can you lose money on a winning bet? In this case, you can because you may wine one part of your selection and not the others.

Each way bets

In this type of bet, you are essentially combining two bets into a single bet. The first bet, known as the `winÂ´ bet, is paid out when your selection wins. The second part, known as the `placeÂ´ bet, is paid out when your selection finishes at a predetermined place, albeit at a fraction of the winning odds. So in this scenario, if your selection only `placesÂ´ but doesnâ€™t win, there are chances that you will lose some money, even though you won a part of your bet.

Other scenarios where you may lose money, even after winning the bet is when Dead Heat rules or Rule 4 deductions are applied. The dead-heat rule is applied when there are two winners. The pay-out is divided into half of what was offered, as it is split between both winning bets. Rule 4 deductions are applied most commonly in horse racing when a horse withdraws from the race. In such cases, a portion of the money is withdrawn from the winnings, in order to protect the bookies from making a loss.

## Best Betting Sites

#1
4.9 / 5
100% UP to â‚¹5,000
#2
4.8 / 5
15% UP to â‚¹4,000
#3
4.7 / 5
100% UP to â‚¹10,000
#4
4.6 / 5
150% UP to â‚¹12,000
#5
4.6 / 5
300% UP to â‚¹3,000
#6
4.5 / 5
100% UP to â‚¹2,500

## Top Five Bonus Ranking

300% UP to â‚¹3,000
100% UP to â‚¹10,000
100% UP to â‚¹2,500
100% UP to â‚¹50,000
100% UP to â‚¹4,000

## Tips to Bet Online

Best guide to online gambling in India

### Read best article on Blackjack Game in Comeon Casino

##### Subscribe now
Get the latest betting news & odds delivered right to your inbox!

The terms and conditions apply to all bonus offers advertised on this website. Visit the operators for more details. We are not a bookmaker and we do not accept bets.

#### Compare Bookmakers

Select up to 3 bookmakers and
compare all their features.

Ekbet
Fun88
ComeOn
Bollybet
Casumo
Betwinner
1XBET
Betway
22BET
Parimatch
Dafabet
Bet365