What’s involved in placing a Trixie bet?
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Multiple selection betting is one of the foundations of the industry. From the hugely popular accumulator through to less common bets, such as Banker bets, betting on more than one selection offers an exciting alternative to singles and each way bets.
One of the most popular types of multiple selection bet is a full cover bet and the first of these is the Trixie.
Let’s learn a little more about this bet, starting with the most obvious question; what is it?
What is a Trixie Bet?
A Trixie bet is a bet that comprises three selections, but these selections are then combined into four different bets.
A Trixie bet consists of:
- Three Doubles
- One three-fold accumulator
Unlike a standard accumulator, a Trixie bet will offer a payout if any two of the three selections win, or if all three selections win.
It is easiest to understand how a Trixie Bet works by examining the different bet combinations using an example.
What are the different bet combinations that comprise a Trixie bet?
Here’s an example of the different bet combinations you get on a Trixie bet.
A punter makes three selections on their bet slip of the following Premier League games:
- Selection A - Fulham v Aston Villa - Draw - 3.50
- Selection B - Man Utd v Brentford - Away Win - 4.50
- Selection C - Newcastle v Brighton - Home Win - 2.00
They want to place the bet as Trixie, which covers the following combinations.
- Selection A and Selection B Win
- Selection A and Selection C Win
- Selection B and Selection C Win
- Selection A, Selection B and Selection C Win
You can see here that any combination of two correct selections will result in at least one of the lines above being a winner.
Not only that, but if all three selections win, then all four of the different combinations will each offer a payout. It is when this happens that a Trixie bet offers the highest payouts.
It should be noted here that Trixie bets, while commonly used on soccer matches, can be used on the vast majority of sporting markets available at bookmakers. Furthermore customers can combine selections across different sports into a viable Trixie bet.
How Many Unit Stakes Does It Cost To Place a Trixie Bet?
As you can see above, there are four different outcomes possible when backing the three selections as a Trixie bet.
- Selection A and Selection B Win
- Selection A and Selection C Win
- Selection B and Selection C Win
- Selection A, Selection B and Selection C Win
As such, the bet requires four separate unit stakes to cover the four eventualities. So the cost of a Trixie Bet is four times your unit stake.
So if you wanted to place the above bet as a £5 Trixie, then the total cost of the bet would be 4 x £5 which is £20.
What Are The Different Payout Options for a Trixie Bet?
We know there are four different payout options for a standard Trixie bet, but how much will each payout offer in terms of generating a profit, or loss, when compared to the initial stake we placed on the bet?
Let’s once again use the example above to work through the different payouts available to show eventual profit or loss for each combination of possible wins.
To recap, our three selections were:
- Selection A - Fulham v Aston Villa - Draw - 3.50
- Selection B - Man Utd v Brentford - Away Win - 4.50
- Selection C - Newcastle v Brighton - Home Win - 2.00
And we placed a £5 Trixie bet on these three selections, of a total of £20 which covered the following combinations:
- Selection A and Selection B Win
- Selection A and Selection C Win
- Selection B and Selection C Win
- Selection A, Selection B and Selection C Win
We already know the odds for each of the selections, so let’s now work out what each of the four combinations above offer as a payout.
Selections A & B Win - 3.50 x 4.50 = £78.75 Win - £58.75 profit
Selections A & C Win - 3.50 x 2.00 = £35.00 Win - £15.00 profit
Selections B & C Win - 4.50 x 2.00 = £45.00 Win - £25.00 profit
Selections A,B & C Win - 3.50 x 4.50 x 2.00 = £316.25 Win - £296.25 profit
You can see in this example, all four possible outcomes generate a small or large profit, but if the odds on one or more selections are shorter, then some selections may not guarantee a profit.
For example, if the odds on selection A was 1.50 rather than 4.50, then the Selection A and Selection C combination would only pay out £15 in total, which would be a £5 loss.
Are There Any Other Three Selection Bets Like A Trixie Bet?
Patent
A Patent another three-selection bet you can make is similar to a Trixie bet, only with the Patent, each of the three selections is covered as a single bet too.
With A patent you cover the four combination options of a Trixie bet with each of the selections covered by a single bet too.
This means a Patent bet requires seven outcomes to be covered. The four outcomes you have with a Trixie bet, plus each of the three individual selections to win singly too.
Therefore, it requires seven times your unit stake to place a Patent bet. Which for a £5 Patent would mean a total stake of £35.
Treble
A treble bet is a three-selection accumulator. It is a single line bet and covers all three selections to win. A treble bet is included as one of the winning combinations of both a Trixie and Patent bet.
A Trio of Trixie Tips
Here are three easy tips you can follow to enjoy Trixie betting and they include:
- Try and add selections that offer you a profit, or a chance to cover your total stake, if any two selections win.
- Scale the size of your unit stake to make your Trixie bet affordable for your bankroll. If you usually place a maximum bet of £10 on any selection, then rather than a £10 Trixie bet, place a £2.50 Trixie bet (for a total stake of £10).
- The big profit from a Trixie bet comes from landing three wins, so always be on the lookout for well-priced selections that have a great chance to win to add value to your bet.
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- What is spread betting?
- What is Bet Builder?
- What is the Double Chance bet?
- What is the under/over market in sports betting?
- What is the Both Teams to score market?
- How does Virtual Sports Betting work?
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- What is no risk matched betting?
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- What are free games and which are the most popular offered by Bookmakers?
- Sports Betting - Should you bet on shorter odds options?
- What is Dutch Betting?
- What is a Yankee Bet?
- What does NASCAR betting consist of?
- Which football betting markets offer you the best chance of winning?
- How do we place bets on Aussie Rules?
