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Types Of Horse Racing Bet



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Types Of Horse Racing Bet

For information on basic types of bet such as win, each way, lay, place and doubles, see lesson on Types of Bet. For Tote bets visit the appropriate lesson visit the appropriate lesson here.

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.

In a blog by Garethp1981 the question of whether this is the biggest mugs bet in racing is addressed. What will be the conclusion?

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.

Best Type Of Bet For An Afternoon

Many punters have asked the question about what the best type of bet is to pass an afternoon and on the OLBG forum this topic has been well discussed. Check out the thread and share your opinions.

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Comments from the Forum

  • monkeytennis

    Picking one winner is hard enough so the more you choose, the more likely you are to lose when it comes to multiple bets. Do you agree with this statement or can multiple bets really pay on horse racing? Which are the best multiple bets?

    Types Of Horse Racing Bet

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28/11/14 01:21:45 © 2002-2014 OLBG, part of Invendium Ltd Gamcare Gamble Aware  
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