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About Betting School
Difficulty Level 2In Running Betting
Difficulty Level 1How To Open an Online Betting Account
Difficulty Level 1Understanding Bookmakers
Difficulty Level 1How to get Free Bets
Difficulty Level 2Betting Odds Explained
Difficulty Level 1Types of Bets
Difficulty Level 1Betting Terminology A-Z guide
Difficulty Level 2How To Use Odds Comparison
Difficulty Level 1Moneybookers
Difficulty Level 4Staking Plans
Difficulty Level 3Sensible Gambling
Difficulty Level 3Value Betting
Difficulty Level 3Introduction to Laying and Exchanges
Difficulty Level 3Spread Betting Basics
Difficulty Level 3Laying Horses
Difficulty Level 1Horse Racing Bets
Difficulty Level 1Reading Racing Form
Difficulty Level 1Types of Football Bet
Difficulty Level 3Asian Handicap
Difficulty Level 2Football Betting How to Assess Form
Difficulty Level 1Tennis Betting
Difficulty Level 1Golf Bets Explained
Difficulty Level 1Snooker Betting
Difficulty Level 1Specials Betting
Difficulty Level 1Rugby Betting
Mutiples Calculator
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Odds Comparison

"Understand the different racing bets and you'll have more chance of beating the bookies."

Here we explain bets which are commonly used for horse racing.

For information on basic types of bet such as win, each way, lay, place and doubles, see lesson on Types of Bet

Horse Racing Multiple Bets

Punters often try and increase their chances of a big payout by combining two or more selections in a bet. If they all win then you could be on for a big payout. Below are the common horse racing multiple bets, what they mean and how many bets are involved. Use the following to see how many bets of each type there are depending on how many selections you make.

How Many Bets?

If you combine selections how many different combinations can you make?

Trixie

A trixie is 4 bets involving 3 selections in different events. The bet includes 3 doubles and 1 treble. Two of your selections must be successful to get a return.

Patent

A Patent consists of 7 bets involving 3 selections in different events. The bet includes a single on each selection, 3 doubles and 1 treble. If one selection is successful you get a return.

Yankee

A Yankee consists of 11 bets involving 4 selections in different events. The bet includes 6 doubles, 4 trebles, and an accumulator. A minimum of 2 of your selections must be successful to get a return.

Lucky 15

A Lucky 15 consists of 15 bets involving 4 selections in different events. The bet is made up of 4 singles, 6 doubles, 4 trebles, and 1 fourfold. If one selection wins, bookmakers will often give a consolation to the returns like double or treble the odds odds. If all four selections win, then often bookmakers will give a bonus of 10% or more to total returns. For each-way lucky 15 bets the consolation is normally only paid on the win part of the bet. Because of these bonuses, Lucky 15 bets are often thought of good value multiple bets.

Canadian

A Canadian is also known as a Super Yankee and is made up of 26 bets involving 5 selections in different events. The bet includes 10 doubles, 10 trebles, 5 fourfolds plus an accumulator. A minimum of 2 of your selections must be successful to get a return.

Lucky 31

A Lucky 31 has 31 bets! It is made from 5 selections in different events. The bets include 5 singles, 10 doubles, 10 trebles, 5 fourfolds and an accumulator. As with the Lucky 15, if only one selection wins, returns are often paid to double or treble the odds. If all five selections win, a bonus is often paid of 15% upwards to the total returns. If you place and each way Lucky 31, normally the bonus is only paid on the win part of the bet.

Heinz

A Heinz is made up of of 57 bets and it name comes from the 57 varieties which the baked bean making company once had! This bet involves 6 selections in different events. The bet includes 15 doubles, 20 trebles, 15 fourfolds, 6 fivefolds and an accumulator. A minimum of two of your selections must be successful to get a return.

Lucky 63

Like a lucky 15 and 31 but with another selection. It consists of 63 bets involving 6 selections in different events. The bet includes 6 singles, 15 doubles, 20 trebles, 15 fourfolds, 6 fivefolds and an accumulator. If only one selection wins, returns are often paid to double or treble the odds. If all six selections win, a bonus is often paid, normally of 20% + to total returns. With each-way lucky 63 bets the consolation is normally only paid on the win part of the bet. Lucky 63 bets are quite poplar greyhound bets.

Super Heinz

Another selection added to a Heinz but this time has nothing to do with baked beans. A Super Heinz is made up of 120 bets involving 7 selections in different events. The bet includes 21 doubles, 35 trebles, 35 fourfolds, 21 fivefolds, 7 sixfolds and an accumulator. A minimum of 2 of your selections must be successful to get a return.

Goliath

A Goliath is a monster of a bet and consists of 247 bets involving 8 selections in different events. The bet includes 28 doubles, 56 trebles, 70 fourfolds, 56 fivefolds, 28 sixfolds, 8 sevenfolds and an accumulator. A minimum of 2 of your selections must be successful to get a return.

Make your Own Multiples Bet

You can also make your own multiples bet up. Say you wanted 8 selections but only wanted to cover them in trebles and six folds. Looking at the Goliath explanation about we can see that this would be 56 trebles and 28 six folds. Use our interactive tool here above to see how many bets of each type there are depending on how many selections you want to cover.

Calculating Your Winnings on Multiple Bets

Use our tool below to work out how much you can win depending on which bet you made.


Tote Bets

These are a collection of bets originally available on the Tote but now common across lots of bookmakers. The common theme though is that your winnings are dependant on what other people bet, and hence you don't know what your return will be until after the race(s) are over.

Placepot

A placepot is a popular bet in which you need to select a horse in each race to be placed. Whether a horse needs to win the race, come in the first two, three or four is calculated as follows:

  • Races of 2-4 runners, your horse needs to win
  • Races of 5-7 runners, your horse needs to come first or second
  • Races of 8 -15 runners your horse needs to finish first, second or third
  • Handicap races of 16 or more runners your horse needs to finish in the first four.

You can select more than one horse in each race to give you more chance of successfully landing the bet. So, for example, you might want to have two selections in five of the races with one race covered by one horse that you think should be a banker to make the frame. The bet then looks like this;

2 x 2 x 2 x 2 x 2 x 1 = 32 bets

Or if you want to have more selections in some of the races you could choose;

4 x 3 x 3 x 2 x 1 x 1 = 72 bets

The placepot is often considered a great value bet for horse racing bettors and often returns large dividends to small stakes. Its known as a pool bet where all stakes are added to a pool, some deductions from the total are made for costs, and the winning entries share what is left. If there are no winners then the placepot fund roll over to another meeting. Watch out for placepot rollovers as they really are good value bets!

Winnings are declared to a £1 stake but you can make a smaller stake, say 10p or 20p per bet.

Jackpot

A pool bet like the Placepot where the winner in each race has to be selected.

Scoop6?

The Tote's showpiece pool bet where you have to predict the winner of six major races (on a Saturday) for the chance of winning a bumper pay-out.

Forecast?

A forecast bet is where you predict the first and second in a horse or greyhound race. A straight forecast is where you predict the first and second in the correct order. This is sometimes known as a computer straight forecast or an Exacta.

A reverse forecast bet involves 2 selections in 1 race finishing 1st and 2nd in any order. This bet involves 2 selections in 1 race finishing 1st and 2nd in either order. As such it is two straight forecasts

Tricast

Similar to the forecast but the customer needs to predict the first three home, again in the correct order. This is normally only available in races with 6 or more runners.

Now you know all the bet types, which do you think is the best?

Which Do You Think Is The Best Value Horse Racing Bet?
Placepot
Scoop6
Lucky 15
Win Single
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19/05/13 16:36:13 © 2002-2013 OLBG, part of Invendium Ltd Gamcare Gamble Aware  
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