Here at BetWithout.online we want to ensure that you understand the various betting terms used across the world. Here we will answer “what is a Trixie in betting terms?” A Trixie bet is often associated with horse racing, but it can be used with other sports as well such as football (soccer).
If you are a gambler from the United Kingdom, you are more likely to have come across a Trixie bet than in the United States for example. Here we will explain what a Trixie bet is, how the Trixie bet works and how it compares to a “Patent” bet which is also common in the UK and other parts of the world.
What is a Trixie bet?
With a Trixie bet you have to make three selections and you have a total of four bets. The Trixie consists of one treble bet (sometimes called an accumulator), and three double bets. People like to place Trixie bets because they can increase their winnings if all three of their selections are winners.
You have to pay for 4 bets when you place a Trixie. So, if you want to go for a win $1 Trixie, the total cost will be $4. It is possible to place an each-way Trixie so that you are covering win and place. An each way Trixie will cost you twice what a win Trixie will.
The reason is that you are placing win and place bets at the same time. So, a $1 each way Trixie will cost you $8. Remember, a win Trixie is 4 bets so you are going to place 8 bets with an each way Trixie.
Your total winnings from a Trixie bet totally depends on how many of your selections were winners, or winners and placed if you chose to place an each way Trixie. There are no single bets with a Trixie, so if only two of your selections win then you will only have one double bet to calculate.
Of course, if all three of your selections are winners, then you will calculate the returns on the three double bets as well as the one treble bet. When only one of your selections wins or none of them do, your Trixie bet is lost.
Example of a Trixie bet
We will choose horse racing for our example but you can place a Trixie bet on other sports as well. You need to make 3 selections in different races for your Trixie bet. It is not usually permitted to choose horses from the same race even for an each way bet.
As an example, you could choose:
- Horse A to win at odds of 1/1 (evens)
- Horse B to win at odds of 6/4
- Horse C to win at odds of 2/1
If you are not familiar with a “double” bet, this is where the winnings from the first selection runs on to the second selection. You will also have your stake returned if your bet wins. The “treble” bet is where the winnings from your first selection runs on to your second selection, and if this wins too the winnings run on to the third selection.
Winning Trixie bets can be lucrative when you consider all of the multiplication factors involved here. But you also need to know that landing a winning Trixie bet is not easy – especially with horse racing. It can be a little easier withy other sports like football, but it is still difficult to predict three winners in a single bet.
Why should you go for a Trixie bet?
With a standard treble bet, you make three selections and if one of them doesn’t win then your bet is a loser. By placing a Trixie bet, you could still make a profit if only two of your selections are winners because a double bet will still apply.
As we mentioned above, a winning Trixie bet can be very profitable for you. Having 3 doubles and a treble in a single bet will normally provide a good return if all 3 of your selections win. In addition to this, you can go for an each way Trixie bet which will factor in if a horse is placed in a race. A lot of gamblers choose this option for horses with longer odds.
The difference between a Trixie and a Patent bet
Both the Trixie and the Patent bets have three selections. With a Patent bet, not only do you get the same three double and a treble bet as you do with a Trixie, you also get three single bets on your selections as well.
This means that if only one of your selections is a winner with a Patent bet, you will have one single bet as a winner. If the odds of the winner are good, this could pay for your Patent bet and cause you to break even. You may even make a little profit with your single bet.
The disadvantage of the Patent bet over the Trixie bet is that it costs more. With a Patent you are placing 7 bets instead of 4 with a Trixie. A $1 win Trixie will cost $4 to place, whereas a $1 win Patent will cost $7 to place.
Check to see if your online sportsbook accepts Trixie bets
Because Trixie bets are very popular, you should have little problem finding an online bookmaker that accepts them. There are many online sportsbooks available these days. Some of them don’t require that you verify your identity, and this means that you can start to place your bets immediately and withdraw your winnings without having to prove your identity.
