There is no price given for a forecast, you can choose to take a showcast price but then that's a s/c bet not a f/c.
Forecast dividends/returns are determined after the result is known. If the return for T1 & T4 is £1.84 then this means you get £1.84 for every pound you staked.
e.g. a £10.00 straight forecast on a dividend of £1.84 would return you £18.40 winnings!
Hope that makes sense!
A reverse forecast is for your selections that comes in first and second, can come in also in the reverse order. So that is effect two bets. Example. 1.50 at Newmarket, No. 1x2 Reverse Forecast or RFC £1.00 In effect you want 1x2 for 50p or 2x1 for 50p. To calculate the bet, the race must be completed and a dividend declared for the winning first and second place. Which is mentioned above, and I hope that makes things even more clear.
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Divide the total sales by the total sales forecast
forecast
3 to 1
yourmom
In order to calculate profit (or loss), forecast potential earnings, manage inventory, compare different financing options are just a few. Calculate when an equipment purchase will be at break even (when net profit generated by it, or cost-savings realized from it are enough to pay for the machine) is yet another example. I could go on, but hopefully you get the idea.