What is a Super Heinz bet?

A Super Heinz bet consists of 120 bets of equal value covering selections in seven separate events: 21 doubles, 35 trebles, 35 four-folds, 21 five-folds, 7 six-folds and a seven-fold accumulator.

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

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A Super Heinz bet consists of 120 bets of equal value covering selections in seven separate events: 21 doubles, 35 trebles, 35 four-folds, 21 five-folds, 7 six-folds and a seven-fold accumulator. We explain how it works and when to use one below In a Super Heinz bet at least two of your seven selections must be successful to get any payout. The trebles, four-folds, five-folds, six-folds and seven-folds mean that if you get more than two winners your returns begin to jump in big increments as more of the multiple bets win. It’s most often used in horse racing betting.

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How does a Super Heinz bet work?

The 120 bets in a Super Heinz are as follows:

Why should I place a Super Heinz bet?

A Super Heinz is an alternative to a seven-fold accumulator that yields a payout even if only two of your seven selections win. However, it’s likely you will need more than two winners to make a profit. If you have seven selections on your betslip it’s usually available as one of the multiple betting options.

Drawbacks of a Super Heinz

There are two main drawbacks of placing a Super Heinz bet: the lack of flexibility around staking (each of the 120 bets has to have the same unit stake) and the number of bets (which is high). The latter can make the bet more costly than simply placing an accumulator on all seven selections.

How to calculate Super Heinz bet winnings

The quickest way of working out your winnings is to use our Super Heinz bet calculator. It can also be done by taking the steps below. If you’re using fractional odds convert them into decimal odds by dividing the first number by the second then adding one. (For example, 2/1 becomes 3.0 and 9/4 becomes 3.25.) For your doubles, trebles, four-folds, five-folds, six-folds and seven-folds multiply the decimal odds for the relevant selections together and then multiply the result by your unit stake.

How does an each-way Super Heinz work?

An each-way Super Heinz is a type of Super Heinz where all 120 bets are each-way bets. As a result, the total stake for an each-way Super Heinz is double that of a standard Super Heinz. The upside of an each-way Super Heinz is that you get a return not only for every horse that wins but every horse that places as well. In horse racing most bookmakers pay around 1/5 of the win odds for the place part of each-way bets. This means that it’s ideal to include mainly selections for which the each-way place payout is more than your original stake in your each-way Super Heinz.

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.

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What is the payout at 30 to 1?

The odds and what they mean Odds Payoff range 10-1 $22.00-$23.90 15-1 $32.00-$33.90 20-1 $42.00-$43.90 30-1 $62.00-$63.90 22 more rows

info.nassauotb.com - The odds and what they mean - Nassau OTB

Beginner's Corner

The odds and what they mean

The odds represent the publics opinion of each horse's chances of winning a race, based on how they actually bet. A horse's odds reflect how much has been bet on it to win the race. Horses that are given a better chance of winning (favorites) will pay off less than the horses that are not expected to run well (longshots). Odds in the newspaper or track program reflect a horse's morning line odds. Morning line odds are set by oddsmakers and handicappers before the betting actually begins, and are meant to represent the best estimation of what a horse's odds will actually be. Actual odds are posted before each race, and can change constantly until the race begins. The current odds are always posted on television and computer screens and on the racetrack tote board leading up to a race. The posted odds are based on win wagers only. All posted win prices are posted to reflect winnings for each $2 bet. If you are confused by the odds and are never sure what your horse is going to pay if it wins, it is easy to calculate the approximate payoffs by doubling the odds and then adding in the cost of a $2 wager. For example: If the odds are 4-1, a $2 win bet would pay $10 (4 x $2 = $8 + $2 = $10).

When in doubt, you can always consult the following table:

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