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How does a 15 fold bet work?

Why should I place a Lucky 15 bet? If you've got four selections in different events and you fancy each of them to win, a Lucky 15 covers all the multiple combinations (doubles, trebles and four-fold) and adds the insurance of four singles in case only one selection comes in.

telegraph.co.uk - What is a Lucky 15 bet and how does it work? - The Telegraph

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Make Your Bookie Cry And Pull The Hair By Generating $23,187

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A Lucky 15 consists of 15 bets of equal value on selections in four separate events: four singles, six doubles, four trebles and one four-fold accumulator. We explain how it works and the pluses and drawbacks In a Lucky 15 you only need one selection to win to get a return. The doubles, trebles and four-fold ensure that with each additional winner your returns can jump significantly. It is a bet that’s most commonly used by horse racing bettors.

Want to place a Grand National Lucky 15?

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

How does a Lucky 15 work?

The 15 bets of a Lucky 15 cover your four selections as follows:

Why should I place a Lucky 15 bet?

If you’ve got four selections in different events and you fancy each of them to win, a Lucky 15 covers all the multiple combinations (doubles, trebles and four-fold) and adds the insurance of four singles in case only one selection comes in.

Does a Lucky 15 have any drawbacks?

The main drawback of a Lucky 15 bet is that all 15 bets have the same stake (the unit stake). This means you are unable to tailor your staking in relation to which of your selections you like the most. An alternative is to add all the bets involved to your betting slip separately. This would allow you to stake more on the singles and multiples that include your most fancied selections and less on those including picks that are more of a long shot.

How to work out Lucky 15 bet winnings

Using our Lucky 15 bet calculator is the easiest way to calculate what you stand to win. Take the following steps to work it out yourself: If you have fractional odds convert them into decimals. Do this by dividing the top number in the fraction by the bottom number and adding one to your answer. (For example, 2/1 becomes 3.0 and 9/4 becomes 3.25.)

Single bets: decimal odds x stake = return (including stake)

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

Trebles: selection 1 odds x selection 2 odds x selection 3 odds = return (including stake) Four-fold: selection 1 odds x selection 2 odds x selection 3 odds x selection 4 odds = return (including stake)

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Lucky 15 Bonus for one winner

If you’re placing a Lucky 15 bet it can pay to shop around, with some bookmakers paying bonuses of up to three times the odds if you only get one winner from your four picks. Find out why we recommend Betfred in our guide to the best horse racing betting sites in the UK for 2020

How does an each-way Lucky 15 work?

An each-way Lucky 15 is a type of Lucky 15 in which all the bets are each-way bets. This means it includes a total of 30 bets and the total stake for an each-way Lucky 15 is double that of a standard Lucky 15. The idea of opting for an each-way Lucky 15 is that you will get a return not only for every horse that wins but every horse that places as well. Most bookmakers pay around 1/5 of the win odds for the place part of horse racing each-way bets. This means a £1 each-way bet (costing £2) on a 5/1 horse would pay out at evens if the horse placed, meaning your return would be your £1 profit, plus the returned £1 stake for the winning place bet. As a result, it makes sense to have selections in which the each-way place payout will be more than your original stake.

What is the difference between a Lucky 15 and a Yankee?

A Lucky 15 is the ‘full coverage’ version of the Yankee bet. Yankees consist of six doubles, four trebles and one four-fold, but don’t include the four singles. A £1 Yankee costs £11. If you have four selections at short odds a Yankee may be a better multiple than a Lucky 15, as the returns on the individual single bets may not be substantial.

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 tips and football predictions?

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

telegraph.co.uk - What is a Lucky 15 bet and how does it work? - The Telegraph

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