Are you a fan of sports betting? Maybe you’re new to the world of gambling and are just looking to learn the basics. Whatever your experience and thoughts on sports betting may be, one of the most important things to understand when you decide to place a bet, is how the more extensive bets work. When betting on the horses, most people at the races for a day out, or betting on the Grand National perhaps, will pick a horse, and either bet on it winning outright, or finishing Each Way, which can be up to finishing in the top 5. There’s absolutely nothing wrong with that, but if you want to add an element of excitement to your bets, and if you want to maximise your chances of turning a very tidy profit from the betting offers here, you might want to look at the more extensive bets. Today we’re looking at Lucky 15, 31, and 63 bets. Below you’ll find out everything you need to know about what these bets are and how they work.
What is a lucky 15 bet?
We’ll start off by looking at a lucky 15 bet. A lucky 15 bet is a bet which is comprised of 15 bets along 4 individual selections in various events. It is made up of 4 singles, 6 doubles, 1 fourfold, and 4 trebles. It is known as a full coverage bet because it covers each and every possible outcome and possibility of multiple bets from all four selections. Though the lucky 15 bet can be used in various sports, it is by far the most popular in the world of horse racing. Basically, when you place a lucky 15 bet, you are actually placing 15 separate bets. So, if you place a £1 bet for example, your lucky 15 bet will actually cost you £15. It is a form of spread betting which enables bettors to cast their betting net far and wide across four selections. Needless to say, if all of your selections win, the payoff is very impressive. Even if all of your selections fail to win, you’ll still find that you can win some good money if just some of your selections come in.
What is a lucky 31 bet?
Next up we’re going to take a look at what a lucky 31 bet is. This bet is made up of 31 bets spread along 5 selections in various events. It is comprised of the following: 5 singles, 10 trebles, 10 doubles, 5 four-folds, and a 5-fold accumulator. For those who are serious about their gambling and understand more than the basics, a lucky 31 bet is incredibly tempting. Again, even though it can be applied to different sporting events and disciplines, more often than not, you’ll find that the lucky 31 bet is used the most in horse racing. Again, it’s vital to remember that when you place “one” lucky 31 bet, you are actually placing 31 bets. So, an initial stake of £1 would in fact set you back £31. Because of the sheer volume of bets and selections in this bet though, the rewards are great. If all of your five selections come in, you will be rolling in it. Even if only a few of them come in, though, you still stand to make a pretty penny. Again, even though the cost is great, the rewards are greater, so the lucky 31 is perfect if you feel you’re ready to go with a more complex bet.
What is a lucky 63 bet?
Finally, we have the lucky 63 bet. This bet is made up of 63 bets which are spread along 6 selections. These are: 6 singles, 15 doubles, 20 trebles, 15 four-folds, 6 five-folds, and one six-fold. It also features plenty of bonuses, hence the ‘lucky’ part of its name. There are a number of bonus scenarios, including ‘one winner’ ‘all winners’ and ‘one loser’ to name but a few. Again, one lucky 63 bet placed means that you are actually placing 63 bets. So, a stake of £1 will set you back £63. As you can guess, the rewards for this bet are huge, as are the bonuses, even if all of your selections fail to come in.
Why use a betting calculator?
When placing lucky bets, the larger the bets, the more complex the potential outcomes are, and the harder it is to work out how much you stand to make etc. This is where it pays dividends to use a betting calculator. A betting calculator means that you enter the basic info about your bets, I.E odds, placing etc, and the calculator will tell you exactly how much you stand to make and how much it will cost. The calculator basically do the figures for you, so you don’t have to.