What Is A Trixie Bet? A Beginner’s Guide With Examples
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A Trixie bet consists of four bets over three different selections. It has three doubles and a treble. It is a popular way to bet because of an increased chance of returns being achieved versus a multiple comprising of singles.
Trixie bets are a popular way to bet on many sports, including horse racing
They consist of four bets on three selections
This improves the probability of a return on a bet
Learn what is a Trixie bet and how it works with our concise guide
When you place a Trixie bet, you are placing four bets on three different selections. A £1 win-only Trixie bet would, therefore, cost £4.
How much you win from a Trixie depends on the number of selections that win and the odds of each one. Because a Trixie bet contains no single bets, two of the selections must win for a return to be achieved on the bet.
The four bets consist of three doubles and a treble. The diagram below shows a win-only Trixie. Bets one, two, and three consists of the doubles, and the fourth bet is the treble.
How To Calculate Winnings
To work out your Trixie bet winnings can be tricky, as it involves different odds and combinations. Here at MyBettingSites, we’ve done all the hard work for you and provided you with a Trixie Bet Calculator.
Trixie Bet Calculator Enter Bet Details Reset All EACH WAY Multiple Options Win-to-Win, Place-to-Place Equally Divided (All EW) Odds Format Fractions Decimals American Add Selection Notes # Outcome Odds Place Odds Rule 4 1 Winner Placed Dead Heat Lost Void / Non-Runner / 1/1 1/2 1/3 1/4 1/5 1/6 1/7 1/8 0 5 10 15 20 25 30 35 40 45 50 55 60 65 70 75 80 85 90 Places Offered: 1 2 3 4 5 6 7 8 9 Tied Position: 1 2 3 4 5 6 7 8 9 Number of Runners in Dead Heat: 1 2 3 4 5 6 7 8 9 2 Winner Placed Dead Heat Lost Void / Non-Runner / 1/1 1/2 1/3 1/4 1/5 1/6 1/7 1/8 0 5 10 15 20 25 30 35 40 45 50 55 60 65 70 75 80 85 90 Places Offered: 1 2 3 4 5 6 7 8 9 Tied Position: 1 2 3 4 5 6 7 8 9 Number of Runners in Dead Heat: 1 2 3 4 5 6 7 8 9 3 Winner Placed Dead Heat Lost Void / Non-Runner / 1/1 1/2 1/3 1/4 1/5 1/6 1/7 1/8 0 5 10 15 20 25 30 35 40 45 50 55 60 65 70 75 80 85 90 Places Offered: 1 2 3 4 5 6 7 8 9 Tied Position: 1 2 3 4 5 6 7 8 9 Number of Runners in Dead Heat: 1 2 3 4 5 6 7 8 9 Summary (Updated Automatically) Stake Type Stake Per Bet Total Combined Stake Stake Total Outlay Total Return Total Profit
However, if you’d rather know the details of working out your potential winnings from a Trixie bet, then follow these important points.
If you’re using fractional odds, convert them into decimal odds by dividing the top number by the second and adding one. (For example, 3/1 becomes 4.0, and 11/4 becomes 3.75.)
Doubles: selection 1 odds x selection 2 odds = return (including stake)
Treble: selection one x selection two x selection three = return (including stake)
Why Make A Trixie Bet?
If you place an accumulator bet, you require every single selection to come in to win the bet. With a Trixie, it is a little different as you can still get a return on your bet even if one selection doesn’t come in. Therefore one key advantage of the Trixie bet is that it provides a better chance of a return. It’s similar to insurance on an accumulator.
The disadvantage of a Trixie bet is that it does require a higher stake. The trade-off of increased probability of winning is that the returns are likely to be lower.
Trixie Bet On Horse Racing
Trixie betting on horse racing is one of the most popular sports amongst punters. This offers bettors the ideal insurance they’re after to make some profit from their bets if one selection was to let them down on their Trixie.
Trixie betting is available on popular horse racing events such as the Cheltenham Festival, the Grand National, and Glorious Goodwood. For a more in-depth look, check out our page on the best horse racing betting sites.
Example Of A Trixie Bet For Horse Racing
If you were to place a Trixie bet with Unibet on horse racing selections with prices of 6/4, 11/8, and 4/6, and all three horses win, you earn a payout of £33.57 for your £4 stake, giving a profit of £29.54.
The good thing about a Trixie is that you can still earn a profit even if everything doesn’t go according to plan on your bet!
In this instance, if only the first two horses are winners, the £1 Trixie bet would still return £7.19, giving you a profit of £3.19 on the initial outlay.
You can also wager funds on a Trixie bet when it comes to football, and it won’t come as a surprise to hear that it remains popular amongst punters. Matches are often taking place across the globe throughout the year, and you can also place a Trixie bet on in-play football matches, which is another positive.
An example of a Trixie bet in football would be if you were to back Wolves to beat Crystal Palace, Newcastle to beat Brighton, and Manchester City to beat Manchester United. If you backed each match as a single, then you’d receive a relatively small payout if each team wins.
However, if you wagered funds on these selections in a Trixie bet and they all won. Your payout would be much more, compared to what it would be if you backed them as singles.
For a more in-depth look at football betting offers, check out our dedicated page.
How To Place A Trixie Bet On bet365
To place a Trixie bet on bet365, it’s relatively straightforward. Follow the steps below in order, and you’ll have the bet placed with them in no time!
Click here to be directed to bet365’s website. Click the ‘Horse Racing’ heading on the left-hand side of the site. Select three horses from various meetings that you wish to wager funds on. Click the ‘Show more multiples’ option on the bet slip. Select your stake in the Trixie row on the site. Click ‘Place Bet’ and you’ll be all set to track your Trixie bet.
Is It Possible To Place An Each Way Trixie Bet?
Yes. Each-way Trixie bets consist of eight bets. Four of the bets are to win. The four extra bets in an each-way bet are for the selections to place.
Find out more on how each way bets work with our dedicated page.
What Is The Difference Between A Trixie And A Patent Bet?
Patent bets also feature three selections, but there is one key difference. A Trixie has four bets. A Patent bet has seven bets.
A Patent includes all of the four bets in the image above but features an additional three bets. These three additional bets are three singles, one for each of the selections. The stake of a patent would be larger, but a return would be made if just one selection come in. However, the potential return would be unlikely to be greater than the stake.
