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Written by:Lisa ChebanContent writer
Biography
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Reviewed by:Simon YoungEditor
Biography
Simon Young, a former national news editor and journalist, once held the prestigious position of Lead Editor at PokerStars before focusing his editorial talents on Betsquare. His illustrious career journey seamlessly bridges the realms of journalism and online gambling, crafting a unique narrative of expertise and innovation.
Updated on:
Feb 19, 2024, 2:09 pm
Introduction:
Are you fond of sports betting events as much as we are? If so, then you will find our bookmaker calculator for Aussies really convenient. It’s not only easy-to-use but also helpful due to a wide range of features Australians can modify to get the most exact calculations of further events.
Betting Calculator
Odds Format
Number of selections
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Rule 4 means that there will be deductions made from winning bets in a race where one or more contestants are withdrawn from the race for various reasons
Each way ?
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Outcome
Place
Rule 4
Odds
${outcome-order}
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| Fold | Stake | Outlay | Return | Profit |
|---|---|---|---|---|
| Single | XXXX | XXXX | XXXX | |
| Double | XXXX | XXXX | XXXX | |
| Treble | XXXX | XXXX | XXXX | |
| ${rowCount}-fold | XXXX | XXXX | XXXX |
| Total Stake | Total Return | Total Profit |
|---|---|---|
| 0 | 0 | 0 |
Information
What is a treble bet?
A treble bet is a popular way for bettors to chase higher profits by combining multiple bets with each other. When placing a treble bet, you are betting on 3 outcomes in 3 events on the same betslip. All 3 outcomes must be correct for you to win the treble bet. The 3 separate odds are multiplied with each other and then the stake to determine your return and profit.
Example of a treble bet
For example, if you place a treble bet with a stake of £10 on Arsenal to beat Tottenham at odds 6/4, Barcelona to beat Atletico Madrid at odds 1/1 (Evens) and Manchester City to beat Liverpool at odds 1/1 (Evens) your return will be £100 (9/1*£10=£100) if all three teams win their respective matches and your profit will be £90 (£100-£10=£90). If The Gunners, Barça or The Citizens does not win their match your stake is lost.
Pros and cons of a treble bet
The pro of a treble bet is the high odds you can get by combining 3 bets – even if you play on favourites. The con of a treble bet is that all 3 outcomes need to be correct for you to get a return.
Illustration of a winning treble bet:
| Game and result | Bet | Odds (fraction) | Outcome |
| Arsenal (3) – Tottenham (2) | Arsenal win | 6/4 | Win |
| Barcelona (2) – Atletico Madrid (1) | Barcelona win | 1/1 (Evens) | Win |
| Manchester City (2) – Liverpool (0) | Manchester City win | 1/1 (Evens) | Win |
Illustration of a losing treble bet:
| Game and result | Bet | Odds (fraction) | Outcome |
| Arsenal (3) – Tottenham (2) | Arsenal win | 6/4 | Win |
| Barcelona (2) – Atletico Madrid (1) | Barcelona win | 1/1 (Evens) | Win |
| Manchester City (2) – Liverpool (2) | Manchester City win | 1/1 (Evens) | Lose |
What is a trixie bet?
What is a patent bet?
A Patent bet is kind of like a Trixie bet but it has added security because it also includes singles. When placing a Patent bet, you are betting on 3 different outcomes in 3 events on 7 betslips which are split into 3 singles, 3 doubles and 1 treble. At least 1 of the outcomes must be correct for you to get a return on the Patent bet. The winning odds are either multiplied with each other or the stake to determine your return.
Example of a patent bet
For example, if you play a Patent bet with a stake of £10 on each betslip (£70 stake in total) on Arsenal to beat Tottenham at odds 6/4, Barcelona to beat Atletico Madrid at odds 1/1 (Evens) and Manchester City to beat Liverpool at odds 1/1 (Evens) your return can range from £20 to £305 depending on which teams win their respective matches. If none of the teams win their respective matches your stake is lost.
Pros and cons of a patent bet
The pro of a Patent bet is that it only requires 1 correct outcome to get a return. The con of a Patent bet is the odds needs to be quite high to get a potential profit from just 1 or 2 correct outcomes because of the 7 stakes paid.
Illustration of a patent bet:
| Arsenal – Tottenham | Barcelona – Atletico Madrid | Manchester City – Liverpool |
| X | ||
| X | ||
| X | ||
| X | X | |
| X | X | |
| X | X | |
| X | X | X |
What is a yankee bet?
A Yankee bet is a way of combining 4 bets with the added security of also having played double and treble bets. When placing a Yankee bet, you are betting on 4 different outcomes in 4 events on 11 betslips which are split into 6 doubles, 4 trebles and 1 fourfold accumulator. At least 2 of the outcomes must be correct for you to get a return on the Yankee bet. The winning odds are multiplied with each other and then the stake to determine your return.
Example of a yankee bet
For example, if you play a Yankee with a stake of £10 on each betslip (£110 stake in total) on Sevilla to beat Valencia at odds 6/4, Arsenal to beat Tottenham at odds 6/4, Barcelona to beat Atletico Madrid at odds 1/1 (Evens) and Manchester City to beat Liverpool at odds 1/1 (Evens) your return can range from £40 to £1002.50 depending on which teams win their respective matches. If only 1 of the teams win their match your stake is lost.
Pros and cons of a yankee bet
The pro of a Yankee bet is that only half of your outcomes needs to be correct to get a return. The con of a Yankee bet is that you need high odds and/or a lot of correct outcomes to get back your whole stake back and potentially make a profit.
Illustration of a yankee bet:
| Sevilla – Valencia | Arsenal – Tottenham | Barcelona – Atletico Madrid | Manchester City – Liverpool |
| X | X | ||
| X | X | ||
| X | X | ||
| X | X | ||
| X | X | ||
| X | X | ||
| X | X | X | |
| X | X | X | |
| X | X | X | |
| X | X | X | |
| X | X | X | X |
What is a canadian bet/super yankee?
A Canadian bet/super yankee is like a Lucky 31 but the difference is that it does not include singles. Allegedly a Canadian won a fortune on a Super Yankee once which is how it got its nickname. It is most commonly used in horse racing and offers good coverage especially if played with Each Way. When placing a Canadian bet/Super Yankee, you are betting on 5 different outcomes in 5 events on 26 betslips which are split into 10 doubles, 10 trebles, 5 fourfold accumulators and 1 fivefold accumulator. At least 2 of the outcomes must be correct for you to get a return on the Canadian bet/Super Yankee. The winning odds are multiplied with each other and then the stake to determine your return.
Example of a canadian bet/super yankee
For example, if you play a Canadian bet/Super Yankee with a stake of £1 on each betslip (£26 stake in total) on Everton to beat Leicester at odds 1/1 (Evens), Sevilla to beat Valencia at odds 6/4, Arsenal to beat Tottenham at odds 6/4, Barcelona to beat Atletico Madrid at odds 1/1 (Evens) and Manchester City to beat Liverpool at odds 1/1 (Evens) your return can range from £4 to £318.75 depending on which teams win their respective matches. If only 1 of the teams win their match your stake is lost.
Pros and cons of a canadian bet/super yankee
The pro of a Canadian bet/Super Yankee is the level of security this form of betting provides. The con of a Canadian bet/Super Yankee is that you need either relatively high odds or at least 3 correct outcomes to get your stake back and potentially make a profit.
Illustration of a canadian bet/super yankee:
| Betslip(s) | Games (1 – 5) | Number of betslips |
| Double | 12, 13, 14, 15, 23, 24, 25, 34, 35, 45 | 10 |
| Treble | 123, 124, 125, 134, 135, 145, 234, 235, 245, 345 | 10 |
| Fourfold | 1234, 1235, 1245, 1345, 2345 | 5 |
| Fivefold | 12345 | 1 |
| Total number of betslips | 26 | |
What is a heinz bet?
A Heinz bet is named after the famous food processing company which brands itself on offering 57 varieties. When placing a Heinz bet, you are betting on 6 different outcomes in 6 events on 57 betslips which are split into 15 doubles, 20 trebles, 15 fourfold accumulators, 6 fivefold accumulators and 1 sixfold accumulator. At least 2 of the outcomes must be correct for you to get a return on the Heinz bet. The winning odds are multiplied with each other and then the stake to determine your return.
Example of a heinz bet
For example, if you play a Heinz with a stake of £1 on each betslip (£57 in total) on Wolves to beat Watford at odds 1/1 (Evens), Everton to beat Leicester at odds 1/1 (Evens), Sevilla to beat Valencia at odds 6/4, Arsenal to beat Tottenham at odds 6/4, Barcelona to beat Atletico Madrid at odds 1/1 (Evens) and Manchester City to beat Liverpool at odds 1/1 (Evens) your return can range from £4 to £978.25 depending on which teams win their respective matches. If only 1 of the teams win their match your stake is lost.
Pros and cons of a heinz bet
The pro of a Heinz bet is that you can make a solid profit from a double or treble if you go for high odds (7/1 or higher). The con of a Heinz bet is that it is almost only suited for horse racing.
Illustration of a heinz bet:
| Betslip(s) | Games (1 – 6) | Number of betslips |
| Double | 12, 13, 14, 15, 16, 23, 24, 25, 26, 34, 35, 36, 45, 46, 56 | 15 |
| Treble | 123, 124, 125, 126, 134, 135, 136, 145, 146, 156, 234, 235, 236, 245, 246, 256, 345, 346, 356, 456 | 20 |
| Fourfold | 1234, 1235, 1236 1245, 1246, 1256, 1345, 1346, 1356, 1456, 2345, 2346, 2356, 2456, 3456 | 15 |
| Fivefold | 12345, 12346, 12356, 12456, 13456, 23456 | 6 |
| Sixfold | 123456 | 1 |
| Total number of betslips | 57 | |
What is a super heinz bet?
A Super Heinz bet works the same way as a Heinz bet but the difference is that there is 1 more outcome. When placing a Super Heinz bet, you are betting on 7 different outcomes in 7 events on 120 betslips which are split into 21 doubles, 35 trebles, 35 fourfold accumulators, 21 fivefold accumulators, 7 sixfold accumulators and 1 sevenfold accumulator. At least 2 of the outcomes must be correct for you to get a return on the Super Heinz bet. The winning odds are multiplied with each other and then the stake to determine your return.
Example of a super heinz bet
For example, if you play a Super Heinz with a stake of £1 on each betslip (£120 in total) on Levante to beat Getafe at odds 6/4, Wolves to beat Watford at odds 1/1 (Evens), Everton to beat Leicester at odds 1/1 (Evens), Sevilla to beat Valencia at odds 6/4, Arsenal to beat Tottenham at odds 6/4, Barcelona to beat Atletico Madrid at odds 1/1 (Evens) and Manchester City to beat Liverpool at odds 1/1 (Evens) your return can range from £4 to £3456.38 depending on which teams win their respective matches. If only 1 of the teams win their match your stake is lost.
Pros and cons of a heinz bet
The pro a Super Heinz bet is that there is a lot of room for error because of the good coverage this form of betting provides. The con of a Super Heinz bet is the high stakes required in order to place this gigantic bet – even if you only play £1 per betslip.
Illustration of a super heinz bet:
| Betslip(s) | Games (1 – 7) | Number of betslips |
| Double | 12, 13, 14, 15, 16, 17, 23, 24, 25, 26, 27, 34, 35, 36, 37, 45, 46, 47, 56, 57, 67 | 21 |
| Treble | 123, 124, 125, 126, 127, 134, 135, 136, 137, 145, 146, 147, 156, 157, 167, 234, 235, 236, 237, 245, 246, 247, 256, 257, 267, 345, 346, 347, 356, 357, 367, 456, 457, 467, 567 | 35 |
| Fourfold | 1234, 1235, 1236, 1237, 1245, 1246, 1247, 1256, 1257, 1267, 1345, 1346, 1347, 1356, 1357, 1367, 1456, 1457, 1467, 2345, 2346, 2347, 2357, 2367, 2356, 2357, 2367, 2456, 2467, 2567, 3456, 3457, 3467, 3567, 4567 | 35 |
| Fivefold | 12345, 12346, 12356, 12456, 13456, 23456 | 21 |
| Sixfold | 123456, 123457, 123467, 124567, 123567, 134567, 234567 | 7 |
| Sevenfold | 1234567 | 1 |
| Total number of betslips | 120 | |
What is a goliath bet?
A Goliath bet is, as the name indicates, a giant in the world of betting and can only be used for horse racing. When placing a Goliath bet, you are betting on 8 outcomes in 8 different events on 247 betslips which are split into 28 doubles, 56 trebles, 70 fourfold accumulators, 56 fivefold accumulators, 28 sixfold accumulators, 8 sevenfold accumulators and 1 eightfold accumulator. At least 2 of the outcomes must be correct for you to get a return on the Goliath bet. The winning odds are multiplied with each other and then the stake to determine your return.
Example of a goliath bet
For example, if you play a Goliath bet with a stake of £1 on each betslip (£247 in total) on horse 1 to win race 1 at odds 6/4, horse 2 to win race 2 at odds 6/4, horse 3 to win race 3 at odds 1/1 (Evens), horse 4 to win race 4 at odds 1/1 (Evens), horse 5 to win race 5 at odds 6/4, horse 6 to win race 6 at odds 6/4, horse 7 to win race 7 at odds 1/1 (Evens) and horse 8 to win race 8 at odds 1/1 (Evens) your return can range from £4 to £12136.06 depending on which horses win their respective races. If only 1 of the horses win their race your stake is lost.
Pros and cons of a goliath bet
The pro of a Goliath bet is that you can get a hefty return if you get at least 6 out of the 8 outcomes correct with odds around 1/1 (Evens) and 6/4. The con of a Goliath bet is that you need a big bankroll and a lot of betting experience to be successful with this giant bet.
Illustration of a goliath bet:
| Betslip(s) | Games (1 – 8) | Number of betslips |
| Double | 12, 13, 14, 15, 16, 17, 18, 23, 24, 25, 26, 27, 28, 34, 35, 36, 37, 38, 45, 46, 47, 48, 56, 57, 58, 67, 68, 78 | 28 |
| Treble | 123, 124, 125, 126, 127, 128, 134, 135, 136, 137, 138, 145, 146, 147, 148, 156, 157, 158, 167, 168, 178, 234, 235, 236, 237, 238, 245, 246, 247, 248, 256, 257, 258, 267, 268, 278, 345, 346, 347, 348, 356, 357, 358, 367, 368, 378 456, 457, 458, 467, 468, 478, 567, 578 | 56 |
| Fourfold | 1234, 1235, 1236, 1237, 1238, 1245, 1246, 1247, 1248, 1256, 1257, 1258, 1267, 1268, 1278, 1345, 1346, 1347, 1348, 1356, 1357, 1358, 1367, 1368, 1378, 1456, 1457, 1458, 1467, 1468, 1567, 1568, 1678, 2345, 2346, 2347, 2348, 2356, 2357, 2358, 2367, 2368, 2378, 2456, 2457, 2458, 2467, 2468, 2478, 2467, 2468, 2478, 2567, 2568, 2578, 3456, 3457, 3458, 3468, 3478, 3467, 3468, 3478, 3567, 3568, 3578, 4567, 4568, 4578, 5678 | 70 |
| Fivefold | 12345, 12346, 12347, 12348, 12356, 12357, 12358, 12367, 12368, 12378, 12456, 12457, 12458, 12467, 12468, 12567, 12568, 12578, 12678, 13456, 13457, 13458, 13467, 13468, 13478, 13567, 13568, 13578, 14567, 14568, 14578, 14678, 15678, 23456, 23457, 23458, 23468, 23478, 23467, 23468, 23478, 23567, 23568, 23578, 23678, 24567, 24568, 24578, 24678, 25678, 34567, 34568, 34578, 34678, 35678, 45678 | 56 |
| Sixfold | 123456, 123457, 123458, 123467, 123468, 123478, 123458, 123467, 123468, 123478, 123567, 123568, 123578, 124567, 124568, 124578, 124678, 134567, 134678, 135678, 145678, 234567, 234568, 234578, 234678, 235678, 245678, 345678 | 28 |
| Sevenfold | 1234567, 1234568, 1234578, 1234678, 1235678, 1245678, 1345678, 2345678 | 8 |
| Eightfold | 12345678 | 1 |
| Total number of betslips | 26 | |
What is a lucky 15?
A Lucky 15 is, as the name indicates, a combination of 15 bets put into 1 system. It works exactly like a Yankee bet, but the difference is the added security of also playing singles. When placing a Lucky 15, you are betting on 4 outcomes in 4 different events on 15 betslips which are split into 4 singles, 6 doubles, 4 trebles and 1 fourfold accumulator. At least 1 of the outcomes must be correct for you to get a return on the Lucky 15. The winning odds are either multiplied with each other or the stake to determine your return.
Example of a lucky 15
For example, if you play a Lucky 15 with a stake of £10 on each betslip (£150 in total) on Sevilla to beat Valencia at odds 6/4, Arsenal to beat Tottenham at odds 6/4, Barcelona to beat Atletico Madrid at odds 1/1 (Evens) and Manchester City to beat Liverpool at odds 1/1 (Evens) your return can range from £20 to £1092.50 depending on which teams win their respective matches. If none of the teams win their match your stake is lost.
Pros and cons of a yankee bet
The pro of a Lucky 15 is that it works perfectly for playing relatively high odds since it is a very secure system with singles. The con of a Lucky 15 is that you almost always need to get more than 1 correct outcome to get your stake back and potentially make a profit (unless you only play odds 15/1 or higher).
Illustration of a lucky 15:
| Sevilla – Valencia | Arsenal – Tottenham | Barcelona – Atletico Madrid | Manchester City – Liverpool |
| X | |||
| X | |||
| X | |||
| X | |||
| X | X | ||
| X | X | ||
| X | X | ||
| X | X | ||
| X | X | ||
| X | X | ||
| X | X | X | |
| X | X | X | |
| X | X | X | |
| X | X | X | |
| X | X | X | X |
What is a lucky 31?
A Lucky 31 is, as the name indicates, a combination of 31 bets put into 1 system. It works exactly like a Canadian bet/Super Yankee, but the difference is the added security of also playing singles. When placing a Lucky 31, you are betting on 5 outcomes in 5 different events on 31 betslips which are split into 5 singles, 10 doubles, 10 trebles, 5 fourfold accumulator and 1 fivefold accumulator. At least 1 of the outcomes must be correct for you to get a return on the Lucky 31. The winning odds are either multiplied with each other or the stake to determine your return.
Example of a lucky 31
For example, if you play a Lucky 31 with a stake of £1 on each betslip (£31 in total) on Everton to beat Leicester at odds 1/1 (Evens), Sevilla to beat Valencia at odds 6/4, Arsenal to beat Tottenham at odds 6/4, Barcelona to beat Atletico Madrid at odds 1/1 (Evens) and Manchester City to beat Liverpool at odds 1/1 (Evens) your return can range from £2 to £329.75 depending on which teams win their respective matches. If none of the teams win their match your stake is lost.
Pros and cons of a lucky 31
The pro of a Lucky 31 is that it is a very secure way of betting because you only need 1 correct outcome to get a return. The con of a Lucky 31 is that you need a big bankroll and a lot of experience with this betting type to be successful.
Illustration of a lucky 31:
| Betslip(s) | Games (1 – 5) | Number of betslips |
| Single | 1, 2, 3, 4, 5 | 5 |
| Double | 12, 13, 14, 15, 23, 24, 25, 34, 35, 45 | 10 |
| Treble | 123, 124, 125, 134, 135, 145, 234, 235, 245, 345 | 10 |
| Fourfold | 1234, 1235, 1245, 1345, 2345 | 5 |
| Fivefold | 12345 | 1 |
| Total number of betslips | 31 | |
What is a lucky 63?
A Lucky 63 is, as the name indicates, a combination of 63 bets put into 1 system. It works exactly like a Heinz bet, but the difference is the added security of also playing singles. When placing a Lucky 63, you are betting on 6 outcomes in 6 different events on 63 betslips which are split into 6 singles, 15 doubles, 20 trebles, 15 fourfold accumulator, 6 fivefold accumulators and 1 sixfold accumulator. At least 1 of the outcomes must be correct for you to get a return on the Lucky 63. The winning odds are either multiplied with each other or the stake to determine your return.
Example of a lucky 63
For example, if you play a Lucky 63 with a stake of £1 on each betslip (£63 in total) on Wolves to beat Watford at odds 1/1 (Evens), Everton to beat Leicester at odds 1/1 (Evens), Sevilla to beat Valencia at odds 6/4, Arsenal to beat Tottenham at odds 6/4, Barcelona to beat Atletico Madrid at odds 1/1 (Evens) and Manchester City to beat Liverpool at odds 1/1 (Evens) your return can range from £2 to £991.25 depending on which teams win their respective matches. If none of the teams win their match your stake is lost.
Pros and cons of a lucky 63
The pro of a Lucky 63 is that you can win big if you get 4 or more correct outcomes. The con of a Lucky 63 is that it is an expensive way of betting – even with relatively small stakes.
Illustration of a lucky 63:
| Betslip(s) | Games (1 – 6) | Number of betslips |
| Single | 1, 2, 3, 4, 5, 6 | 6 |
| Double | 12, 13, 14, 15, 16, 23, 24, 25, 26, 34, 35, 36, 45, 46, 56 | 15 |
| Treble | 123, 124, 125, 126, 134, 135, 136, 145, 146, 156, 234, 235, 236, 245, 246, 256, 345, 346, 356, 456 | 20 |
| Fourfold | 1234, 1235, 1236 1245, 1246, 1256, 1345, 1346, 1356, 1456, 2345, 2346, 2356, 2456, 3456 | 15 |
| Fivefold | 1234, 1235, 1236 1245, 1246, 1256, 1345, 1346, 1356, 1456, 2345, 2346, 2356, 2456, 3456 | 6 |
| Sixfold | 123456 | 1 |
| Total number of betslips | 63 | |
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