What is a Lucky 15 Bet?
If you’re a punter on horse racing, you’ve probably come across the term “Lucky 15” at some point. But what exactly is a Lucky 15 bet? In this article, we’ll explore what a Lucky 15 bet is, how it works, and the advantages and disadvantages of using it.
Understanding the Lucky 15
A Lucky 15 bet is a type of multiple bet that involves making four selections and combining them into 15 different bets. The bet consists of four singles, six doubles, four trebles, and a fourfold accumulator. This means that you’ll need to correctly predict the outcome of at least one of your selections to get a return.
How Does this Bet Work?
Let’s say you’re interested in betting on four different football teams to win their respective matches. You could place a Lucky 15 bet by selecting these four teams and combining them in the following way:
- Four singles: each team is bet on individually
- Six doubles: all possible combinations of two of the teams are bet on
- Four trebles: all possible combinations of three of the teams are bet on
- One fourfold accumulator: all four teams are bet on together
The advantage of a Lucky 15 bet is that it provides a greater chance of winning than a traditional accumulator bet. Even if one of your selections loses, you could still receive a return on your bet.
Advantages and Disadvantages of a Lucky 15 Bet
The main advantage of a Lucky 15 bet is that it offers a greater chance of winning than a standard accumulator bet. This is because even if one of your selections loses, you could still receive a return on your bet. Additionally, the potential returns from a Lucky 15 bet can be quite high, especially if all four of your selections win.
However, there are some disadvantages to using a Lucky 15. Firstly, the bet can be quite expensive to place as it involves 15 separate bets. Additionally, even if one or two of your selections win, you may not receive a particularly large return. Finally, the bet requires a significant amount of research and analysis to make accurate selections.
How to Place a Lucky 15 Bet
To place a Lucky 15, you’ll need to follow these simple steps:
- Choose your four selections: this could be four horses in different races, four football teams in different matches, or any other combination of selections.
- Go to your chosen bookmaker’s website or app.
- Select the Lucky 15 option from the list of available bet types.
- Enter your stake (remember its 15 bets so whatever you set the stake as will be x15 £1 = £15 for example)
That’s it your Lucky 15 is on and now all you need is for your selections to win, remember you will need at least 2 winners on a win lucky 15, each way lucky 15s cost twice as much as its 30 bets instead of 15 (15 for the win 15 for the place).
Calculating Payouts for Lucky 15’s
Calculating the potential payouts for a Lucky 15 can be a bit complicated, as there are so many different bets involved. However, many online bookmakers have Lucky 15 calculators that can do the math for you.
To calculate your potential payout, you’ll need to know the odds for each of your selections, as well as your stake. The more of your selections that win, the higher your potential payout will be. If all four of your selections win, you could potentially receive a payout of thousands of pounds.
The lucky 15 is a popular bet for a reason it’s easy to place doesn’t cost too much and the payouts can be insane, you can also mix markets such as football and horse racing.