Are Trixie bets worth it?

Trixie bets are great for backing selections at short odds that won't pay much of a return on single bets because they allow you to focus your staking power on more potentially lucrative multiple bets.

telegraph.co.uk - What is a Trixie bet and how does it work? - The Telegraph

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A Trixie bet consists of four bets of equal value on three selections in separate events: three doubles and one treble. We explain how a Trixie works as well as the benefits and drawbacks of this type of bet In a Trixie at least two selections must be successful to get a return. The treble ensures that if you land all three winners your returns can leap significantly. It’s most often used in horse racing betting.

Want to place a Grand National Trixie bet?

Find all the best Grand National free bets for the 2022 Aintree Festival.

How does a Trixie bet work?

The four bets of a Trixie cover your three selections as follows:

Why should I place a Trixie bet?

When you’ve found three selections in separate events and you fancy each of them to win, a Trixie is a multiple bet that can increase your return because of the doubles and trebles. Trixie bets are great for backing selections at short odds that won’t pay much of a return on single bets because they allow you to focus your staking power on more potentially lucrative multiple bets.

Does a Lucky 15 have any drawbacks?

One slight drawback negative with a Trixie bet is that each of your bets has to have the same stake, so you can’t place a higher stake on one particular combination.

How to work out Trixie bet winnings

The quickest way to do this is to use a Trixie bet calculator, but for those who want to fully understand how their Trixie bet returns are calculated it’s simple. If you’re using fractional odds convert them into decimal odds by dividing the top number by the second and adding one. (For example, 2/1 becomes 3.0, and 9/4 becomes 3.25.)

Doubles: selection 1 odds x selection 2 odds = return (including stake)

Treble: selection one x selection two x selection three = return (including stake)

How does an each-way Trixie work?

An each-way Trixie is a type of Trixie in which all the bets are each-way bets. This means it includes a total of eight bets and the total stake for an each-way Trixie is double that of a standard Trixie. If you opt for an each-way Trixie then you will get a return not only for every horse that wins but every horse that places in each race as well.

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Bookies generally pay around 1/5 of the win odds for the place part of racing each-way bets. As such a £1 each-way bet (costing £2) on a 5/1 horse would pay out at Evens if your horse placed, meaning your return would be your £1 profit, plus the returned £1 stake for the winning place bet. With this in mind, it makes sense to include mainly selections for which the each-way place payout will be more than your original stake.

What is the difference between a Trixie and a Patent?

A Trixie bet is similar to a Patent in that you will be using three selections. The key difference is that the Patent includes single bets on all three selections, meaning it includes a total of seven bets as a result: three singles, three doubles and a treble. You might favour a Patent over a Trixie in a situation when your selections each have odds large enough to make the return on a single bet on them worthwhile. A Patent including only 8/11 shots will only provide a very small return on your stake for each of the single bets. A Trixie saves you the stake from the three single bets, potentially allowing you to place a higher unit stake across three doubles and a treble.

Find out more about horse racing betting

Visit our horse racing betting section for more straightforward guides to betting on racing including:

Looking for expert racing pointers and football predictions?

Telegraph Betting posts free horse racing pointers every day, as well as regular football betting tips.

telegraph.co.uk - What is a Trixie bet and how does it work? - The Telegraph

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