You will have heard the term lucky 15 used if you have an interest in betting, but you may not know exactly what it means. By reading this article, you will gain a little bit more understanding on what a Lucky 15 is, and you’ll soon be beating the bookmakers!
What is a Lucky 15 bet?
A lucky 15, is a bet that comprises of 4 different betting selections. It is named ‘lucky’ because a lot of bookmakers pay a bonus of 2x or even 3x the odds if just one selection wins.
But effectively, a Lucky 15 is a bet that covers all possible eventualities. 15 eventualities to be exact, hence the name. No matter whether 1 team wins, 2 teams win, 3 teams win or 4, you can expect a get a return.
Your bet will include 4 singles, 6 doubles, 4 trebles and one four fold accumulator. One thing to keep in mind is that your stake will be multiplied 15 times in order to place all of these bets.
Lucky 15 example
Ok, so imagine that you have picked four different horses you wish to bet on, and each horse has great odds.
Horse 1, Horse 2, Horse 3 & Horse 4.
Your lucky 15 will consist of the following bets:
AccumulatorHorse 1 & 2 & 3 & 4
|Singles||Horse 1, Horse 2, Horse 3 & Horse 4|
|Doubles||Horse 1 & 2, Horse 1 & 3, Horse 1 & 4, Horse 2 & 3, Horse 2 & 4, Horse 3 & 4|
|Trebles||Horse 1 & 2 & 3, Horse 1 & 2 & 4, Horse 1 & 3 & 4, Horse 2 & 3 & 4|
Now remember, because these are 15 different bets, it means that your chosen stake must be multiplied 15 times. So if you choose a stake of £10, your total bet will be £150.
To make things simple, let’s pretend that each horse was priced at 2.0 (evens). If only Horse 1 wins, you will be paid £10 plus a possible bonus of 2x. So, your return will be £20, giving you an overall loss of £130.
If Horse 1 & 2 win, you will be paid out on a double and two singles. So you will receive £10 twice for the two singles, and £40 for the double giving you a return of £60 and a £90 loss.
However, if Horse 1, 2 & 3 wins, you will win 3 singles, 3 doubles, and one treble. This is where things become interesting as you will receive £30 for the singles, £120 for the doubles, and £80 for the treble, giving you a return of £230 and a total profit of £80.
Finally, if all of the Horses win, it is time to celebrate. You will be paid £40 for the singles, £240 for the trebles, £320 for the trebles, and £160 for the accumulator. This gives you a total return of £660 and a profit of £410!
It’s worth looking at these numbers and remembering that evens are not an ideal price for the selections. You’re relying on 3 Horses to win before you start earning a profit. If you chose selections with higher odds, all you may need is just 1 bet to win a profit. And should more than 1 horse win, it’s time to start celebrating!