The Sports Bookie Blog

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February 11th, 2007

Combination bets can result in big wins - or losses!A quick run down of some of the common – and more obscure – multi-bets that punters can place.

The more profitable members of the BookieLabRat.com team¬† ūüôā¬† generally¬†tend to follow a KISS (Keep It Simple Stupid) approach to¬†placing bets and stick with Asian Handicaps, 1X2¬†bets and the occasional special bet¬†for interest.

We consider that¬†accumulators¬†are often ‘mugs bets’ as unless every leg of a bet is a value bet you can be handing the bookie money on a plate!

Some of the better online bookmakers, like betting giant Bet365, offer extra value on accumulator/parlay bets Рup to 60% bonus. Others, like novelty-bet specialist, BetFred, run special cash back offers that refund your stake or still payout if one leg of the multiple bet fails. 

Accumulator:
A bet that links together two or more individual wagers and is dependent on all of those wagers winning together. The benefit of the accumulator is that there are much higher payoffs than placing each individual bet separately. But the draw back is if any of the bets in the parlay loses, the entire bet loses.

Canadian:
A multiple bet consisting of 26 bets (10 doubles, 10 trebles, 5 4-folds and 1 5-fold) with 5 selections in different events (also known as a “Super Yankee”).

Heinz:
A multiple bet consisting of 57 bets (15 doubles, 20 trebles, 15 4-folds, 6 5-folds and 1 6-fold) involving 6 teams in different matches.

Lucky 15,31,63:
Multiple bets on all possible combinations of 4, 5 or 6 selections. A Lucky 15 (same as a Yap) is 4 selections, so 4 singles, 6 doubles, 4 trebles and 1 accumulator = 15 bets.

Patent:
A multiple bet consisting of 7 bets involving 3 selections in different events. A single on each selection, plus 3 doubles and 1 treble.

Parlay:
Term for an accumulator bet in US. Also, a wager on two or more teams in which both must win or “cover” for the bet to be lucrative.

Roundabout:
A wager consisting of 3 bets involving 3 selections in different events (i.e. 1 single and to come and double stake double on remaining two selections, 3 times).

Round Robin:
A series of parlays. A three-team Round Robin consists of one three-team parlay and three two-team parlays.
Examples: Joe likes teams A,B,C ‚Äď with a Round Robin he has a three-teamer with ABC, and two-teamers with AB, AC, and BC.

Teaser:
Similar to a parlay, a teaser bet is a single bet that links together two or more individual wagers but is different in that it also allows you to adjust the point spread of each individual wager. In exchange for the points, you will get less of a return on your bet. Each of the individual wagers must win or the bet is a loss.

Treble:
A bet consisting of 3 selections, all of which must win for the wager to be successful.

Trixie:
A multiple bet consisting of 4 bets (3 doubles and 1 treble) with 3 selections in different events.

Yankee:
A multiple bet consisting of 11 bets (6 doubles, 4 trebles and 1 4-fold) on 4 selections in different events

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