A Patent Bet is a type of combination wager that involves seven separate bets on three different selections. This bet includes 3 singles, 3 doubles, and 1 treble. One successful selection will guarantee a return, making it a popular choice among bettors who are looking for a combination of risk and potential reward.
How is the structure of a Patent Bet broken down?
A Patent Bet comprises the following:
- 3 Single Bets (one on each selection)
- 3 Double Bets (1-2, 1-3, and 2-3)
- 1 Treble Bet (combining all three selections)
Why would someone choose a Patent Bet over individual bets?
The primary advantage of a Patent Bet is that it provides a spread of risk. Even if only one of the three selections wins, the bettor gets a return. This combination allows for a higher chance of seeing a return while still offering the potential for a significant payout if all selections are successful.
How does the potential payout of a Patent Bet compare to other combination bets?
The potential payout of a Patent Bet can be substantial, especially if all three selections are successful. However, because it requires seven separate bets, the initial stake can be higher than other bet types. For instance, a $1 Patent Bet would cost $7 since it’s seven $1 bets combined.
In which sports or events is a Patent Bet commonly used?
Patent Bets can be placed in various sports, but they’re particularly popular in horse racing and football (soccer). They allow bettors to cover multiple events in a single bet structure.
How does a Patent Bet differ from a Trixie?
Both the Patent Bet and the Trixie involve three selections. However, the main difference is that a Patent includes the three single bets, whereas the Trixie doesn’t. So, a Trixie has 4 bets in total (3 doubles and 1 treble), while a Patent has 7.