Types Of Bets (2024)

There are many betting types to choose from when placing a wager. From singles to multiples, we have a list of some of the most popular types of bet.

Types Of Bets (1)

Betting TypesSingle

Arguably the most common betting type. A straight win bet, placed on a single event.

Double

A single bet on two outcomes in different events. Both selections must win to guarantee a return.

Treble

A single bet on three outcomes in different events. All three selections must win to guarantee a return.

Accumulator

An accumulator comprises of four or more selections in one bet. All of the selections must win to guarantee a return.

Trixie

A bet comprising three selections and four bets – three doubles and a treble. A minimum of two selections must win to guarantee a return. For example, a £2.50 Trixie would cost £10. A £2.50 each-way Trixie would cost £20.

Patent

A bet involving three selections and seven bets – three singles, three doubles and one treble. It is the equivalent of a Trixie but with the addition of three singles. For example, a £2.50 Patent would cost £17.50.

Yankee

A bet consisting of four selections and 11 bets – six doubles, four trebles and a fourfold. A minimum of two selections must win to guarantee you a return. For example, a £2 Yankee would cost £22.

Lucky 15

A popular betting type among punters, it consists of four selections and 15 bets (hence the name) – four singles, six doubles, four trebles and a fourfold. Equivalent to a Yankee but with four singles, and only one selection must win to guarantee you a return. For example, a £2 Lucky 15 would cost £30.

Canadian

Also known as a Super Yankee, a Canadian is a bet on five selections consisting of 26 bets – ten doubles, ten trebles, five fourfold’s and a five-fold accumulator.

Lucky 31

A wager consisting of five selections and 31 bets – five singles, ten doubles, ten trebles, five fourfolds, and one fivefold. Only one selection must win to guarantee you a return. For example, a £1 Lucky 31 would cost £31.

Super Yankee

Also known as a Canadian, a Super Yankee is a bet on five selections consisting of 26 bets – ten doubles, ten trebles, five fourfolds and a fivefold accumulator.

Heinz

The Heinz bet is a six-selection bet consisting of 57 bets: 15 doubles, 20 trebles, 15 fourfolds, six fivefolds and a one sixfold accumulator. Aptly named after the 57 ‘varieties’ company slogan from Heinz, this 57 bet wager is a unique bet that combines every permutation of the 6 selections into one single wager.

Lucky 63

A Lucky 63 is a bet featuring six selections and 63 bets, including: six singles, 15 doubles, 20 trebles, 15 fourfolds, six fivefolds and one sixfold.

Super Heinz

The Super Heinz is a bet on seven selections taking part in various events consisting of 21 doubles, 35 trebles, 35 fourfolds, 21 fivefolds, seven sixfolds, and a sevenfold accumulator which totals a huge 120 bets. Two selections must win to ensure any returns.

Goliath

A Goliath is a bet on eight selections taking part in various events consisting of 28 doubles, 56 trebles, 70 fourfolds, 56 fivefolds, 28 sixfolds, eight sevenfolds and an eightfold accumulator totalling 247 bets. Two selections must win to ensure any returns.

Alphabet

This is a bet on six selections composed of 26 bets: two patents (14 bets), one yankee (11 bets) and a sixfold accumulator (one bet).

Single Stakes About

A Single Stakes About is an Any To Come bet consisting of two selections from events, these are then compiled to produce two bets derived from two singles. Any return on each single (up to the original stake amount) is used to fund a further single on the other selection.

Double Stakes About

A Double Stakes About is an Any To Come bet consisting of two selections partaking in different events, which are compiled to produce two bets derived from two singles. Any return on each single, up to double the original stake amount, is used to fund a another single on the other selection.

Round Robin

The Round Robin is a three selection wager compiled of ten bets: three doubles, one treble and three up-and-down single stakes about pairs.

Flag

The ‘Flag’ wager is compiled of: six doubles, four trebles, one fourfold and six Up-And-Down SSA Pairs

Super Flag

The ‘Super Flag’ is compiled of: ten doubles, ten trebles, five fourfolds, one five-fold and ten Up-And-Down single stakes about pairs

Super Heinz Flag

The ‘Super Heinz Flag’ is compiled of: 21 doubles, 35 trebles, 35 fourfolds, 21 fivefolds, seven sixfolds, one sevenfold and 21 Up-And-Down single stakes about pairs

Goliath Flag

The ‘Goliath Flag’ is compiled of: 28 doubles, 56 trebles, 70 fourfolds, 56 fivefolds, 28 sixfolds, eight sevenfolds, one eightfold and 28 Up-And-Down single stakes about pairs

Union Jack

“The Union Jack consists of eight trebles from nine selections. Groupings are determined by laying out the selections in a 3×3 grid. This forms three horizontal trebles, three vertical trebles and two diagonal trebles.”

Forecast

A straight forecast is correctly predicting the finishing order of the horses in first and second in a race.

Each-Way

“An each-way bet is a two-part bet, with half the stake going on the selection to win and the other half on the selection to place. It costs double that of a traditional win bet and will yield some sort of return if the selection wins or is placed.

For example, you place £5 each-way (£10 in total) on a horse priced at 8-1 with a bookmaker offering 1/4 odds for three places. If the horse places you will receive £15, but if the horse wins you will collect £60 (£45 for the win and £15 for the place), both returns including the original stake.”

Reverse Forecast

A reverse forecast is correctly selecting the first two horses but in no particular order.

Match Bet

Mаtched bеtting is a bеtting technique used by individuals to profit from the free bets and incentives offered by bookmakers.

Placepot

The Placepot is another favourite for racegoers. Select a horse in each of the first six races at a specific racecourse on a single day, and if that horse finishes in the placings you win a share of the total pool. One unplaced selection and the bet is off!

Jackpot

Quite possibly the hardest bet to win. Correctly predict the first six winners at a specific racecourse on a single day to win a share of the pool. One wrong selection and the bet is off!

If you want to work out your winnings from a multiple bet such as an accumulator, we recommend you use a betting calculator to do it for you. See our betting calculator here.

Types Of Bets (2024)

FAQs

What is the most popular type of bet? ›

Moneyline. A straight bet is the most common type of sports wager. It's simply wagering on the result of a single outcome. Example 1: The Toronto Raptors are playing the Boston Celtics in an NBA game.

What are 4 bets called? ›

Accumulator. An accumulator comprises of four or more selections in one bet. All of the selections must win to guarantee a return.

What is a bet type? ›

Bet Types and Their Meaning

The simplest example is betting on the moneyline (which team/player will win the event outright). Other ways that you can wager on the outcome of a single game include point spreads and totals (over/under).

What are 3 way bets? ›

A 3-way bet is a bet on an event that has three possible outcomes: Team A wins, Team B wins, or a draw. The odds on a 3-way bet will always be higher than odds on a similar two-way bet considering there is an additional outcome. Therefore, when one places a 3-way bet there is only one way to win and two ways to lose.

What is the easiest bet to play? ›

What are the easiest bets to win?
  • BTTS: BTTS bet demands the punters to predict if both teams will score a goal or not. ...
  • Over/Under: This bet can work in your favor when you have chosen a smaller figure as reference. ...
  • Double chance bet: In this bet, you win money when any two from the three outcomes are obtained.

What is the safest type of bet? ›

Basically, let's see what are considered the safest types of bets knowing all of the above:
  • Victory for the team considered the big favorite. It is considered the safest type of bet, even if the discussions are endless. ...
  • Over 1.5 goals. ...
  • Double Chance. ...
  • DNB – Unbeatable victory. ...
  • Handicap (+) in favour of favorite team.
Feb 15, 2023

What are examples of bet? ›

He has a bet on the game. He made a bet with his brother that he could finish his chores first. He and his brother have a bet about who can finish his chores first. He lost the bet and had to pay his brother five dollars.

What is an exotic bet type? ›

Exotic bets can be split into two simple categories; single-race and multi-race bets. This group of bets all revolve around a single race and require punters to select the horses which they think are going to fill the first few places.

What type of bet is most profitable? ›

Hedging bets is by far the most successful betting strategy. This is where you're able to place multiple bets to cover all possible results and still make a profit regardless of the outcome of the game.

What is a moneyline bet? ›

A moneyline is one of the most popular and simplest forms of sports betting in which you pick a team or player to win straight up, without a point spread involved. You are simply betting on which team will win a certain football game, for example, or which tennis player will win a particular match.

What is a 5 each way bet? ›

An Each Way (E/W) bet is basically two bets - one bet is for the horse to win, the other is for the horse to place. For Example - You place a £5 E/W bet on Think Champagne in the 18:00 at Wolverhampton at odds of 5/1. This will cost you £10. £5 on Think Champagne to win and £5 on Think Champagne to place.

What is a 3 to 5 bet? ›

Odds of 3-5 indicate that your profit will be three-fifths of a dollar. In other words, for every $5 you bet you can win $3 in profit. To determine profit, multiply the amount you bet by the fraction. If I spend $15, then my profit for winning is $9 (15 x 3/5).

What do people mostly bet on? ›

The NFL is the most popular sport in America, and the one that most Americans bet on more than any other sport.

What is a top 3 bet? ›

Top 3 is a second house banked optional proposition wager used in the game of blackjack in conjunction with the +3 wager. The Top 3 wager can only be offered on blackjack tables with the +3 wager. Top 3 is available only for 4, 6 and 8 deck shoe games.

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