Ever placed a lucky 15 bet? They can be a great method to cover all multiple combinations (doubles, trebles, and four-fold) and adds the insurance of four singles in case only one pick comes in if you have four selections in different events and you think each of them will win. Check out or article on lucky 15 bets, how to work them out and their advantages in betting;
What Is A Lucky 15?
A Lucky 15 is a bet type that consists of 15 bets of equal value on selections in four separate events: four singles, six doubles, four trebles and one four-fold accumulator. The 15 bets are broken down like this:
– 1 fourfold accumulator
– 4 trebles, with each treble omitting one of your selections
– 6 doubles, again covering every possible combination
– 4 singles
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.
When should I bet on a Lucky 15?
A Lucky 15 covers all multiple combinations (doubles, trebles, and four-fold) and adds the insurance of four singles in case only one pick comes in if you have four selections in different events and you think each of them will win.
How to work out Lucky 15
Using our Lucky 15 bet calculator is the easiest way to calculate your potential returns, but in the absence of a calculator allow the below guide to work it out manually;
For 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.)
Singles: decimal odds x stake = return (inc stake)
Doubles: selection 1 odds x selection 2 odds = return (inc stake)
Trebles: selection 1 odds x selection 2 odds x selection 3 odds = return (inc stake)
Fourfold: selection 1 odds x selection 2 odds x selection 3 odds x selection 4 odds = return (inc stake)
What are the advantages and disadvantages to lucky 15s?
The biggest disadvantage of a Lucky 15 bet is that the stake is the same for all 15 bets (the unit stake). This means you won't be able to customise your staking based on which of your options you want.
Alternatively, you can add all of the bets to your betting slip separately. This would allow you to bet more on the singles and multiples that feature your most favoured picks and less on the ones that include long shots.
If you've narrowed down your betting choices to four, a Lucky 15 bet could be the best method to make a profit - even if one or two of them don't pan out. If you have four short-odds selections, a Yankee may be a better multiple than a Lucky 15, as the individual single bet returns may not be significant. Ever tried a lucky 15 or a Yankee bet?
That's about all the information you need to know on each-way betting. Found this article useful? We have similar and expanded ones in our blog. Here are some popular ones;