Horse Racing Multiple Bets ExplainedMultiples is the name for the types of horse racing bets where 3 or more horses are chosen in different races and where not all of them have to score for you to get a return. This is a key difference to combination bets such as doubles or trebles.

Welcome to the world of interestingly named bets such as the Trixie, Yankee, Heinz, Union Jack and many more…

Trixie Bet

One of our favourite multiples, the Trixie works across 3 horses in 3 separate races. A Trixie win bet is made up of 4 bets, and an each way Trixie counts as 8 bets. It’s basically a package of bets that are bundled together and is made up of 3 double bets and a treble.

You need at least two of the three horses to get a result for you to get any winnings back.

Here’s how it works:

You have 3 horses in 3 different races that you quite fancy. You write out a £1 Trixie bet to win only, and this costs you £4 (4 bets x £1). All 3 horses win at odds of 3/1 each. You pick up £108 winnings plus your £4 stake back….nice. Those winnings are made up of the treble bet (£1 stake returned £64) and the 3 doubles which return £16 each. Nice huh? Had you put the £4 stake on a treble though you would have won £252 though, so why bother with the multiple? Well, with the treble if one of your horses loses then so do you. With the Trixie if 2 horses win in this example but the other one doesn’t then you will still have 1 of the doubles up, so you would get a profit of £12.

Placing your Trixie as each way will give you returns if the three horses place rather than win, and it is likely to be profit. Anything less than this (e.g. only 2 horses place) and you are likely to make a loss on the bet, but at least you will get some of your stake back.

Patent Bets

A Patent is the next step up from a Trixie, in that it adds 3 single bets to the treble and doubles you get with a Trixie. That’s 7 bets in total for a Patent, or 14 if you go each way.

If we take the example from above, where three horses are chosen at 3/1, our £1 Patent will cost £7 to stake (7 bets x £1). The winnings would increase to £117 and you would get your £7 stake back too.

But the bet has cost you 75% more than the Trixie for a fairly small increase in profit. You will need to consider your own attitude to risk as to whether the possibility of losing another 75% of stake money can be balanced out with the potential for extra profit.

Yankee Bets

If you are looking for something interesting to do with 4 horses rather than 3, then a Yankee is worth considering. There are 11 bets in a Yankee (22 if each way), consisting of 6 doubles, 4 trebles, and a fourfold accumulator. Two of your horses have to be successful for you to get a return.

Example – You have found 4 horses in 4 separate races that you like, and all of them are priced at 3/1 (conveniently for this example!). You choose a 50p Yankee, which means your total stake is £5.50 (11 bets x 50p).

But the bet has cost you 75% more than the Trixie for a fairly small increase in profit. You will need to consider your own attitude to risk as to whether the possibility of losing another 75% of stake money can be balanced out with the potential for extra profit.

Lucky 15 Betting

A Lucky 15 is a multiple bet that again has four horses, but the number of bets increases to 15 by the addition of 4 single bets to the Yankee. So a Lucky 15 consists of 4 single, 6 doubles, 4 trebles and 1 fourfold accumulator.

If we continue the example of four horses chosen at 3/1, then a 25p stake will cost £3.75 (15 x 0.25). If they all win then you pick up a return of at least £156. Most bookmakers give you an extra bonus of 10% if all 4 horses win, so you would probably pick up just over £170. If one of your horses doesn’t win then you will still pick up at least £31. If only 2 horses win then you get £6 back. 1 horse winning means you’d get back £1, so you’re £2.75 down on the bet. Some bookmakers will give you a consolation bonus if only 1 horse wins, and this can be double the odds, so you’d actually get £1.75 back in this case, but you’re still down £2.

If you choose to go each way with your then your total stake cost will double as you are now placing 30 bets (15 to win, and 15 to place), so it would be a total stake of £7.50 in this case. Each way gives you some extra insurance if 1 of your horse places and the others win – in our example you’d get at least £42.17 back if that happened, and 2 horses placing would see a return of around £17. If you come close with all 4 races and get 4 place results then you would get at least £11.17 back, so you’re still in profit whereas you’d have got nothing back if you only did your Lucky 15 to win. So it’s up to you whether the extra cost of the each way stake is worth it. It also depends largely on the odds – picking 4 horses at Evens would mean that you would need 3 winners and a place at least to be in any reasonable profit. If they all place at Evens then you would be down on the bet by around £1.90.

At this point it is worth suggesting that you start to have a play around with an online betting calculator, and the Free Bet Calculator is one of the best around. Experiment with the different types of bets and the odds and the stakes and you will start to get a feel for which type of multiple bet fits your selections best.

Canadian / Super Yankee Bets

A Canadian (also known as a Super Yankee) is comprised of 26 bets involving 5 horses. The bet includes 10 doubles, 10 trebles, 5 fourfolds plus a fivefold accumulator. At least 2 of your horses must be successful to get a return.

A 25p Canadian will cost you £6.50 (26 x 25p). Again this doubles if you choose to go each way and would be £13 from a 25p stake (52 x 25p). If you pick 5 horses at 3/1 and they all win then you’d pick up at least £776.

Lucky 31 Bet

A Lucky 31 is made up from 5 horses in different races. This bet include 5 singles, 10 doubles, 10 trebles, 5 fourfolds and a fivefold accumulator. As with the Lucky 15, if only one horse wins then you will get a consolation bonus. If all five horses win then you will also get the bonus of 10/15% applied to your winnings, like a Lucky 15.

A 25p Lucky 31 will cost you £7.75 (31 x 25p) and if all 5 horses win at 3/1 then you pocket around £860 with the 10% bonus. The usual protection of still being in decent profit applies if one or more of your horses fails to win. Play around with a betting calculator to get a feel for how winnings, places, each way stakes and odds affect these bet returns.

Heinz Bet

A Heinz consists of 57 bets involving 6 horses in different races. The bet includes 15 doubles, 20 trebles, 15 fourfolds, 6 fivefolds and an accumulator. A minimum of 2 of your selections must be successful to get a return.

A 25p Heinz will cost you £14.25 (57 x 25p) and if all 6 horses win at 3/1 then you can kick back and take a month off work or book that holiday as you will be collecting £3,900.

The Big Silly Bets…

As if a Heinz wasn’t big enough, the multiples keep growing and here’s a quick rundown of the last three….I’ve never met anyone who has ever placed these, but they must be out there…

Lucky 63 – 63 bets involving 6 horses in different races. The bet includes 6 singles, 15 doubles, 20 trebles, 15 fourfolds, 6 fivefolds and a sixfold accumulator. At least one of your horses has to win to get a return (which will be very small). A 25p Lucky 63 will cost you £15.75 to place (63 x 25p) and if all 6 horses win at 3/1 then you get nearly £4,300 back with a 10% win bonus. Again, weigh up your multiples against each other – this bet would cost £1.50 more (25p stakes) to place than a Canadian, but you get an extra £400 back in winnings if all 6 horses win in the 3/1 example. Back to the betting calculator for you to practice your maths.

Super Heinz – A ‘super heinz’ consists of 120 bets involving 7 horses (!!) in different races. 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. A 25p super heinz would cost £30 to stake (120 x 25p)!! If all 7 horses win at 3/1 then take 6 months to a year off as you pick up over £19,500.

Goliath – A ‘goliath’ consists of 247 bets involving 8 horses (!!!) in different races. 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. A 25p Goliath will cost you £61.75 to place…yikes. That’s 247 bets x 25p. BUT, if you find 8 winners (good luck) at 3/1 then you can enjoy a few years off by collecting over £97,500 in winnings. You can place one of these for 1p and it would cost you £2.47 in total. If the 8 win at 3/1 then that bet would win you over £3,900. But you’d kick yourself for not going bigger on the stakes.

Think It Through…

The key to choosing a multiple bet is in the selection of the horses. Try not to go to a bookmakers wanting to do a Lucky 15 and then scratching around for 4 horses to put in it. You are likely to find yourself forcing in a 4th horse that you are not so confident with and it could let you down.

Instead, do your research and choose your horses first, and only the ones you have a really good and confident feeling about. If that means you only have three horses then so be it, do a Trixie, or a Patent, or increase your stakes and do a decent Treble instead of a multiple. If you find 6 horses that you like in the first 6 races at a meeting then consider an each way accumulator as well as the Heinz and Lucky 63. Also have a think about doing a Placepot alongside your win multiple in this scenario too.

So, it’s choose horses first then choose a bet that is relevant to the number of selections you have. One more time, play with the betting calculator and get a real understanding of when the different odds in the different bets make sense to go each way, or to choose a combination bet instead of a multiple.

Weigh up the cost of the stakes against the potential winnings and decide whether to go for broke with an accumulator rather than a more expensive but insurance packed multiple. Consider that a straight £2 accumulator on 5 horses winning at 3/1 would cost you just the £2 and would return £2,048 if they all won!! A 25p Canadian/Super Yankee on those same 5 horses at 3/1 would cost £6.50 to stake and would return only around £775 (I say ‘only’, you know what I mean!). The accumulator is three times cheaper to stake, and you get nearly 3 times the winnings. You get nothing back though if one of your horses fails to win. You can do your accumulator each way though which is the only way to have any protection against one or more horses not winning, but they would have to at least place.

How you stake and what bet you choose is down to your own attitude to risk and to how much stake money you have. Remember that the 25p Goliath costs over £60 to place and you’d win £97.5k if all 8 horses win at 3/1. Well, final example, a £2 eight horse accumulator at those odds would cost around 30 times LESS to stake (just £2), but when they all win you’d call it a day with over £131,000 of winnings…nearly £35k more than the Goliath.

Final point – all of these multiples can be placed on other sports and events rather than just on horses. You can place a Lucky 15 on 4 football matches, or a Heinz on 6 tennis matches and so on. You can also place these bets across different sports just like a multiple sports accumulator.

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