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How To Work Out A Lucky 15 Bet

How To Work Out A Lucky 15 Bet

Have you ever wondered how to get the most out of your bets? A Lucky 15 bet might be worth considering. 

A Lucky 15 bet is a popular type of combination bet that involves 15 different bets from 4 selections. Whether you're new to betting or just curious, this guide will explain how it works, how to work out potential returns and answer some common questions about Lucky 15 bets. Let's begin. 

What Is a Lucky 15 In Betting?

A Lucky 15 is a type of multiple bet that involves 15 separate bets based on 4 different selections. Let's get into how it works. 

You pick 4 different outcomes, which can be from different sports or events. Your Lucky 15 bet combines these outcomes into 15 separate bets, including: 

  • 4 single bets
  • 6 double bets
  • 4 treble bets
  • 1 four-fold accumulator

This means a single bet on each outcome, plus every possible combination of doubles, trebles, and one four-fold accumulator. 

Even if only one of your selections wins, you still get a return on that selection. However, the more selections that win, the higher your potential payout. 

Remember, because there are 15 bets in total, a Lucky 15 costs 15 times your stake. For example, a £1 wager on each bet in a Lucky 15 bet will cost you £15 in total. 

What Is a Lucky 15 Each Way Bet?

A Lucky 15 Each Way bet is a variation of the standard Lucky 15 bet that gives you more chances to win. 

An Each Way bet means you are placing two bets: one for your selection to win and one for your selection to place. This applies to each of the 15 bets in a Lucky 15, essentially doubling the number of bets to 30. 

So, for a £1 Each Way Lucky 15, your total stake would be £30. 

If any of your selections finish in the top positions, as specified by the bookmaker (but typically 1st, 2nd or 3rd), you will get a payout from the "place" part of your bet. If your selections win, you'll receive payouts from both the win and place parts. 

This can be a good option if you want to further improve your chances of getting a return. However, it's important to remember the increased bet amount. Always consider your budget first and foremost.  

How Many Bets In a Lucky 15?

A Lucky 15 bet consists of 15 individual bets based on 4 selections. These 15 bets are made up of: 

  • 4 single bets, one on each selection.
  • 6 double bets, combining each pair of selections.
  • 4 treble bets, combining three selections at a time.
  • 1 four-fold accumulator, combining all four selections.

Each type of bet gives you different chances to win. Even if only one of your selections wins, you'll still get a payout from the singles. The more selections that win, the higher the overall return will be. 

How To Work Out a Lucky 15 Bet

To work out a Lucky 15 bet, follow these steps: 

Start by calculating the returns for each of the 4 single bets. Use the odds provided by the bookmaker for each selection. 

Next, calculate the returns for the 6 double bets. For each pair of selections, multiply the odds together and then by your stake. 

Then, do the same for the 4 treble bets. Multiply the odds of the three selections together, then multiply by your stake. 

Finally, calculate the four-fold accumulator. Multiply the odds of all four selections together and then by your stake. 

Add up the returns from all 15 bets to get your total potential payout. Remember, these calculations assume all your selections win. If some selections lose, you'll need to adjust your calculations accordingly. 

Online betting calculators can help simplify this process and ensure accuracy. 

Difference Between Lucky 15 & Accumulator

A Lucky 15 and an accumulator are both types of multiple bets, but they work differently. 

An accumulator combines several selections into one single bet. For an accumulator to win, all the selections must be correct. If even one selection loses, the entire bet loses. 

A Lucky 15, on the other hand, is made up of 15 individual bets based on 4 selections. It includes single bets, doubles, trebles, and a four-fold accumulator. This means you can still get a return even if some of your selections lose. 

In an accumulator, your potential payout can be very high, but the risk is also higher because every selection needs to win. 

In a Lucky 15, the potential payout might be lower compared to an accumulator with the same selections, but you have a better chance of seeing some return because of the multiple separate bets. 

Understanding these differences can help you choose the bet that best suits your preferences and budget. 

Is a Lucky 15 a Good Bet?

Whether a Lucky 15 bet is a good bet depends on what you look for in a bet. 

One advantage of a Lucky 15 is that you can get a return even if not all your selections win. This can make it less risky compared to accumulators, where one loss means the entire bet is lost. 

With a Lucky 15, you have 15 chances to win, allowing for numerous opportunities for a return. Even if only one or two of your selections win, you can still get some of your stake back. 

However, keep in mind that because you are placing 15 different bets, the total cost can add up quickly. For example, choosing £1 as your unit for each bet in a Lucky 15 will result in a total bet of £15. 

In summary, if you prefer multiple chances to win and are comfortable with placing a higher stake, a Lucky 15 can be a good option. It offers flexibility and multiple opportunities for a payout. However, it's important to ensure that placing such a bet fits within your budget. Always gamble responsibly. 

Lucky 15 FAQs

What Happens If a Horse Is Withdrawn From Your Lucky 15?

If a horse is withdrawn from your Lucky 15 bet, the bets involving that horse are usually settled as non-runners. This means those specific bets are void, and the stake for these bets is refunded. The remaining bets are still active. 

How Many Horses Are In a Lucky 15?

A Lucky 15 bet is based on 4 different horses (or selections). These are combined into 15 separate bets, which include singles, doubles, trebles, and a four-fold accumulator. 

How Much Is a 50p Each Way Lucky 15?

A 50p Each Way Lucky 15 involves two bets for each of the 15 combinations, making 30 bets in total. Therefore, the total cost of a 50p Each Way Lucky 15 is £15 (30 bets x 50p). 

How Is a Yankee Bet Different From a Lucky 15?

A Yankee bet involves 11 bets from 4 selections: 6 doubles, 4 trebles, and 1 four-fold accumulator. Unlike a Lucky 15, a Yankee does not include single bets. This means that for any return, at least two selections need to win in a Yankee bet.