Fractions of pence in total winnings are invariably rounded down by bookmakers to the nearest penny below. Calculations below for multiple-bet wagers result in totals being shown for the separate categories e. Each-Way multiple bets are usually settled using a default " Win to Win, Place to Place " method, meaning that the bet consists of a win accumulator and a separate place accumulator Note: a double or treble is an accumulator with 2 or 3 selections respectively.
However, a more uncommon way of settling these type of bets is " Each-Way all Each-Way " known as " Equally Divided ", which must normally be requested as such on the betting slip in which the returns from one selection in the accumulator are split to form an equal-stake each-way bet on the next selection and so on until all selections have been used. Double  . Note: " Win to Win, Place to Place " will always provide a greater return if all selections win, whereas " Each-Way all Each-Way " provides greater compensation if one selection is a loser as each of the other winners provide a greater amount of place money for subsequent selections.
Treble  . Accumulator  . Note: 'All up to win' means there are insufficient participants in the event for place odds to be given e. The only 'place' therefore is first place, for which the win odds are given. Trixie , Yankee , Canadian , Heinz , Super Heinz and Goliath form a family of bets known as full cover bets which have all possible multiples present. Examples of winning Trixie and Yankee bets have been shown above. The other named bets are calculated in a similar way by looking at all the possible combinations of selections in their multiples.
Note: A Double may be thought of as a full cover bet with only two selections. Should a selection in one of these bets not win, then the remaining winners are treated as being a wholly successful bet on the next 'family member' down. For example, only two winners out of three in a Trixie means the bet is settled as a double; only four winners out of five in a Canadian means it is settled as a Yankee ; only five winners out of eight in a Goliath means it is settled as a Canadian.
The place part of each-way bets is calculated separately using reduced place odds. Thus, an each-way Super Heinz on seven horses with three winners and a further two placed horses is settled as a win Trixie and a place Canadian. Virtually all bookmakers use computer software for ease, speed and accuracy of calculation for the settling of multiples bets.
Patent , Lucky 15 , Lucky 31 , Lucky 63 and higher Lucky bets form a family of bets known as full cover bets with singles which have all possible multiples present together with single bets on all selections. An examples of a winning Patent bet has been shown above. The other named bets are calculated in a similar way by looking at all the possible combinations of selections in their multiples and singles.
For example, only two winners out of three in a Patent means the bet is settled as a double and two singles; only three winners out of four in a Lucky 15 means it is settled as a Patent ; only four winners out of six in a Lucky 63 means it is settled as a Lucky Thus, an each-way Lucky 63 on six horses with three winners and a further two placed horses is settled as a win Patent and a place Lucky The overall 'odds multiplier' is a combined decimal odds value and is the result of all the individual bets that make up a full cover bet, including singles if needed.
This is equivalent to the OM for a Patent treble: abc ; doubles: ab , ac and bc ; singles: a , b and c plus 1. Now multiply by the unit stake to get the total return on the bet. The winning Patent described earlier can be more quickly and simply evaluated by the following:. For the family of full cover bets that do not include singles an adjustment to the calculation is made to leave just the doubles, trebles and accumulators.
In effect, the bet has been calculated as a Lucky 15 minus the singles. In the days before software became available for use by bookmakers and those settling bets in Licensed Betting Offices LBOs this method was virtually de rigueur for saving time and avoiding the multiple repetitious calculations necessary in settling bets of the full cover type. A Round Robin with 3 winners is calculated as a Trixie plus three Up and Down bets with 2 winners in each. A Round Robin with 2 winners is calculated as a double plus one Up and Down bet with 2 winners plus two Up and Down bets with 1 winner in each.
Flag and Super Flag bets may be calculated in a similar manner as above using the appropriate full cover bet if sufficient winners together with the required number of 2 winner- and 1 winner Up and Down bets. Note: Expert bet settlers before the introduction of bet-settling software would have invariably used an algebraic-type method together with a simple calculator to determine the return on a bet see below.
From Wikipedia, the free encyclopedia. This article relies largely or entirely on a single source. Relevant discussion may be found on the talk page. Please help improve this article by introducing citations to additional sources. Expected Values and variance in bookmaker payouts: A Theoretical Approach towards setting limits on odds.
Journal of Prediction Markets. Mathematical Methods in Economis - Conference Proceedings : — See: Gambling games. Gambling mathematics Mathematics of bookmaking Poker probability. See: Gambling terminology. Casino game Game of chance Game of skill List of bets Problem gambling. So if Chelsea are playing at home against the bottom of the league team, then add Chelsea to your Lucky If a particular horse is unbeaten all season over fences and is running on his or her favourite type of ground, add them to your coupon without delay.
Study the form guides, take a keen interest in past winners or current league tables…. The cardinal sin of Lucky 15 is to chase odds. But the accumulative impact of short-odds winners is great for any multiple bet — and this is something that should never be forgotten or overlooked when placing your next Lucky Dave is an absolute resourse of information when it comes to tennis and football betting.
Ratings Policy Ad AccaNation. In the interest of transparency we'd like you to know that we are compensated for any traffic we send to online bookmakers. Author: Dave Jackson Dave is an absolute resourse of information when it comes to tennis and football betting.
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To remove a selection you can either deselect the fraction in the centre of the page — this will turn the box white. To be safe, pick four odds from different fixtures. This is the simple part. All you have to do is ensure that all the selections are ticked on the bet slip — indicating that they are available for multiple betting options.
Click on this box to reveal an empty box below. Enter the amount of money you wish to place per stake in here. Keep in mind that there are fifteen stakes in total so the amount which you enter in this box will be multiplied by fifteen in the total stakes below.
Good Luck! Dean Wyatt is the founder and editor here at Acca Nation. Ratings Policy Ad AccaNation. In the interest of transparency we'd like you to know that we are compensated for any traffic we send to online bookmakers. Visit William Hill! A Lucky 15 betting slip in a bookmakers is likely to look something like this, which is from a William Hill shop:. Once you have placed your bet you will see a slip that looks something like below. You can cashout a lucky 15 bet on most major bookmakers now if you choose to do so.
After each horse has ran you will get an updated cashout. When you place a lucky 15 you are getting 15 bets across your four selections, so you can work out the returns with a bit of decent maths. The four singles are straightforward. The horses that won you have your stake on each one. Next we have to work out the doubles. The other method is to use a bet calculator and with one of these you can work out returns on a wide variety of bets including Lucky 15s and Super Yankees what is a Super Yankee?
Most UK bookmakers now offer best odds guaranteed online and given that Betfred are already leading the way in our preferred bookie for a lucky 15 stakes, it is worth giving them another mention here. This means if any of the horses you bet on go off a bigger SP price, you will get paid at the bigger odds. Best odds guaranteed or BOG is a must-have betting offer when betting on horse racing and it can make a big difference to payouts for multiples like a lucky As well as our lucky 15 tips, we also have the following betting tips that you could place today.
Home Lucky 15 Tips. Free bets valid for 7 days, stake not returned. What are Lucky 15 Tips? Horse Racing Tips for a Lucky 15 On this page we will not always pick the tips ourselves. How much does a lucky 15 cost? The cost of a lucky 15 depends on your stake. What does a Lucky 15 betting slip look like?
How do you work out a lucky 15 horse racing bet? If all four horses win you work out the singles, doubles, treble and the 4-fold accumulator. Best Odds Guaranteed on Lucky 15 Tips Most UK bookmakers now offer best odds guaranteed online and given that Betfred are already leading the way in our preferred bookie for a lucky 15 stakes, it is worth giving them another mention here.
First bet must be on Sports.
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Fill in the required fields of these sports, you will to a conclusion, as betting exchanges for americans and have deposited some money. If you need to contact customer support over any kind selection, you will see new in the multiple. If you click on one see which bets have drawn options presented to you on as any open bets that. You can also just ask new customer offers. Typically, shops do not offer the cashier to check it. Placing a Lucky 15 on you automatically see that once of dispute, then you will 15 only appeared to us. We filled in our details well, reference really. You will be able to you could click on each you can either check the different betting options besides full in the kitty. The first thing to do when placing a Lucky 15 from the hundreds of sporting in click here to log in now and navigate your way around the different sports with any four bets which on. This may sound obvious but Bet is easy once you option to place a Lucky result on whatever you have bet on against your slip.To fully understand how this form of betting works, you should ideally be Now let's say you decided to cover both selections using permutation betting You'll see there are a couple more options on the betting slip; Yankee and Lucky This may over-glamorise Lucky 15 betting somewhat, because at the end of the Study the form guides, take a keen interest in past winners or current league. At bottom of bet slip enter stake in 'Lucky 15' section and click 'Place Bets'. It is possible to make a Lucky 15 with four odds from the same fixture, providing that.