The Lucky 15 bet is a popular type of bet, especially for players who’re looking to wager on horse racing and football or greyhounds. It’s used on other sports, too, even though there it’s not as famous of an option. It consists of 15 individual bets combined from 4 selections and can bring about some payout even on one winner only. But to get to learn all there is to know about placing a Lucky 15 and see some informed betting tips on those kinds of wager, read on below where you’ll see the Lucky 15s explained in details.
The Lucky 15 bet explained in simple terms (and is it a good fit into your betting strategy)
Simply put, the Lucky 15 is a type of multiple bet where you’re picking four selections from four different events and then they are combined into several wagers to make a total of the following 15 bets:
- four singles
- six doubles
- four trebles
- one four-fold accumulator
You can use it for each way bets, too, where you also make four selections but all the combinations have two parts: one for win and one for place.
The reason why this type of bet is a popular option is the fact it can generate return even if three of your four selections fail. Of course, it will be relatively small and might not cover the price you’ve paid to place it but at least it’s something. On the other hand, if all of your selections win, you can generate quite huge potential profit because you’re getting paid out on all the kinds of wagers you’re placing.
The main drawback, of course, is the higher stake required. After all, due to the higher number of bets, a £1 Lucky 15 bet would cost £15 (the stake per bet multiplied by 15). Then, if you’ll be using the each way option, you’re getting an even higher amount of wagers and a higher cost, too. With this kind of betting you’re placing 15 bets on the win part and 15 on the place part for a total of 30 wagers and, therefore, the single unit stake is multiplied times 30.
Calculating your returns when you place an each-way Lucky 15 on horse racing
Now, there are 15 bets within the Lucky 15. And if you decide to place an each way Lucky 15, on the other hand, those get doubled. The first portion will be the win part and the second bet is on the horse to place. If the horse you’ve picked ends up first, you’re getting paid out on both parts of the wager. If it manages to finish on second, third or fourth place, you’ll get paid out on the ‘place’ part of the bet only. If it ends up on a latter spot, both of your bets on the given horse fail.
This also means that there’s even a higher variety of possible combinations in terms of your winnings so using an online calculator is your best shot at working out your winnings fast and hassle-free. You’ll just need to pick the Lucky 15 calculator feature, then decide on the odds format, pick that your bet will be an each way and then enter the odds. You can toggle the results of the various selections to see what are all the possible combos.
What is the advantage of using a Lucky 15 calculator when you place a Lucky 15 bet?
Now, since the Lucky 15 bet consists of 15 bets on four selections spread across a wide number of combinations and you can get some sort of a return on even a single winning selection, there is a great range of potential outcomes.
Combine that with the fact that some bookies double the odds as a consolation price on one winning selection only whereas other bookies give you All Winners or One Loser bonuses and the odds themselves can vary greatly (and influence the outcome, too) and you’ll quickly see why calculating the return and profit you can make isn’t an easy task.
Well, it is, actually, as long as you’ve got the proper tools to do the math for you. That’s the where the free bet calculator comes into the picture. It’s a wonderful easy to use online tool which allows you to see the full breakdown of various bet types including the Lucky 15.
Top alternative multiple bets to the Lucky 15
Of course, whether you’ll be engaging in football betting, placing each ways on horse racing, enjoying your favorite tennis bets or wagering on whatever else there is online, you will be able to use lots of Lucky 15 bet alternatives and let’s see which the most popular across them are.
Accumulator bet
The standard accumulator bet allows you to pick several different selections (min four) an place them in a single wager. The winnings are calculated by multiplying the odds together which means they can reach quite a huge amount on a small stake only. The main drawback of the accumulator bet, though, is that you need all your selections to win to get a return. If only one of them fails, your whole bet fails.
Patent bet
Another popular type of multiple bet is the Patent. It’s got only three selections and they cover seven bets with three singles, three doubles and a treble.
Yankee bet
The Yankee bet covers four selections, too. But it consits of 11 bets in total because you don’t have your four single bets within the Lucky 15. You’ll place only six double bets, four treble bets and one four-fold acca. The total stake is lower but the potential risk is higher because you need min two selections to win, otherwise your full bet fails.
Lucky 31 bet
With the Lucky 31, on the other hand, you’ll have five total selections with as many as 31 bets. They are spread across five singles, ten doubles, ten trebles, five four-folds and a five-fold acca.
Lucky 63 bet
On the other hand, you’ve got the Lucky 63, too, which is an even more complex option that includes six selections with 63 bets across six singles, 15 doubles, 20 trebles, 15 four-folds, six five-folds and one six fold acca.
Standard each-way bet
If you’ll be placing an each-way bet on horse racing, the standard single selection one is the easiest option to make use of. Especially if you don’t have quite a big bankroll. Here you simply have a two-part bet, with one of the parts being on the horse to win and the second bet being on the horse to place.
Betting offers and free bets to use while placing Lucky 15s
The UK bookmakers offer you multiple of special welcome promotions to claim when you sign up and start placing your Lucky 15s. Some of the betting sites offer matched bonus funds to their new customers while with other platforms bettors will be able to enjoy a given amount of free bet tokens when they place their first qualifying wager at selected markets with certain min odds.
Full t&cs apply, including eligible types of wagers, so do make sure to check if you can use a certain offer on Lucky 15s. And if you’re looking for a specific kind of bonus and for the best promo offers to claim online, at BetCity.co.uk we’ve got numerous top recommendations you can take a look at.
Responsible gambling reminder
No matter what kind of betting you’re engaging in, wagering on sports is a form of real money gambling. In other words, you’re risking your money and to make sure you’re going to minimize the financial danger as much as possible and you won’t let the fun turn into gambling harms, you should always practice responsible gaming. This includes setting up deposit and loss limits, tracking how much time you’ve spent gambling and reaching out for further information and support at gambleaware.org or at the National Gambling Helpline at 0808 802 0133.
