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A Trixie Bet is a type of betting known as a multiple bet, specifically a patent bet, which is commonly placed on horse racing, greyhound racing, or football (soccer). It consists of three selections (legs) and involves four separate bets: three doubles and one treble.
Here’s how it works:
1. **Doubles**: Each of the three selections is combined with each of the other two in a double. This results in three doubles:
– Selection 1 and Selection 2
– Selection 1 and Selection 3
– Selection 2 and Selection 3
2. **Treble**: All three selections are combined in one treble:
– Selection 1, Selection 2, and Selection 3
The advantage of a Trixie Bet is that it guarantees a return if at least two of the three selections win. If all three selections win, the returns can be quite substantial because of the treble bet. However, if only one selection wins or if none win, the bet loses.
The Trixie Bet is popular because it offers a mix of risk and reward. If one selection wins, the bettor will receive a return from the two doubles that include the winning selection. If two selections win, the bettor collects returns from all three doubles and the treble. If all three selections win, the returns are collected from all three doubles and the treble, which provides the highest return.
The Trixie Bet is a full cover bet, meaning that it includes all possible combinations of the selections made. It is a popular bet for those who like to spread their risk across multiple outcomes while still having the potential for high returns if their selections are successful. The stake is usually divided equally among the four bets, so if you place a £1 Trixie, £0.25 will be bet on each of the three doubles and £0.50 on the treble.
The Trixie Bet is one of the simplest forms of multiple betting and is often used by beginners in the world of betting as it is relatively straightforward and requires only three selections. It is also favored by those who are looking for a bit more excitement than a single bet but do not want the complexity or the higher stakes involved with larger multiples like a yankee or accumulator bets, which involve more selections and more permutations.
Remember that while a Trixie Bet can be an exciting way to bet, it’s important to gamble responsibly and only bet what you can afford to lose. The Trixie Bet offers the chance to win more than a single bet, but it also means that your stake is spread across four separate bets, so the overall cost of the bet is higher than placing four single bets. The potential returns from a Trixie Bet are determined by the odds of each selection and the size of your stake. If one of your selections is an odds-on favorite, the returns might be relatively low, but if you pick a Trixie Bet with a mixture of short and long odds, the returns can be more substantial, especially if all three selections win. However, it’s important to remember that the bookmaker’s margin (overround or vigorish) will also affect the potential returns.
In summary, a Trixie Bet offers a good balance of risk and reward, with the potential to win a return with as little as one winning selection, but the highest returns come from having all three selections win. The returns from a Trixie Bet are calculated by multiplying the stake by the odds of the winning selections and adding them together. If one selection wins in a Trixie Bet, the returns are calculated from the two doubles that include the winning selection. If two selections win, the returns are calculated from all three doubles and the treble. If all three selections win, the returns are calculated from all four bets in a Trixie Bet, resulting in the highest possible return. The returns from a Trixie Bet are calculated by multiplying the stake by the odds of each winning selection and adding them together. The returns from a Trixie Bet are calculated by multiplying the stake by the odds of each winning selection and adding them together. 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