A Trixie Bet is a type of wager that consists of four bets on three different selections. It encompasses three double bets and one treble bet. For a return on a Trixie Bet, at least two of the selections must be successful. Essentially, it’s a way for bettors to hedge their wagers, ensuring that even if one of the selections doesn’t win, they can still receive a payout from the bet if the other two selections are successful.
How is the Trixie Bet different from a Patent Bet?
Both the Trixie and the Patent involve three selections. However, the key difference is that a Patent Bet consists of seven bets (3 singles, 3 doubles, and 1 treble), while a Trixie has only four bets and doesn’t include the singles. This means that with a Trixie, you need at least two successful selections to get a return, whereas with a Patent, even one winning selection can yield a return due to the single bets.
How are returns calculated in a Trixie Bet?
Returns on a Trixie are calculated by considering the odds of the successful selections. If two selections win, the return is calculated based on the two winning doubles. If all three selections win, the return includes all three doubles and the treble.
Why would someone choose a Trixie Bet over simple single bets?
A Trixie Bet can be seen as a form of insurance. While it requires a higher stake (four times the unit stake due to its comprising four separate bets), it provides the bettor with a better chance of getting a return. If one selection fails, the bet can still yield a return if the other two win, which wouldn’t be the case with three separate single bets.
Is the Trixie Bet exclusive to horse racing?
While Trixie Bets are popular in horse racing, they are not exclusive to it. Bettors can place Trixie Bets on various sports and events, provided they are making selections where doubles and trebles are applicable.
How does the stake work for a Trixie Bet?
When placing a Trixie Bet, it’s essential to remember that the chosen stake is applied to each of the four bets individually. So, if you decide on a $5 Trixie, the total stake will be $20 ($5 for each of the four bets: three doubles and one treble).