Horse Racing Multiple Betting, or simply betting on multiples, is an increasingly popular horse racing betting strategy that can reap you big returns for a small initial outlay.
What is Horse Racing Multiple Betting System?
Essentially, this online wagering strategy revolves around betting on two, three or more horses in different races, and then the final payout resulting by multiplying together the odds of each of your selections.
There are several types of multiples, but all of them are under the umbrella of Single and Exotic Multiple bets.
Single Multiples
Here, all the betting selections must win for the wager to be successful.
In this type of multiple, the maximum number of selections you can make is 16. Below is an example of this type of bet and how the winnings are calculated:
- Selections: Sovereignty to win at $2.20; Journalism to win at $4.00; Baeza to win at $10.00
- Calculations: $2.20 x $4.00 x $10.00 = $88.00
If, for example, you had a stake of $100 on the above selections (value at $88.00), your winnings would be a whopping $8,800. As such, your profit from the small outlay of $100 would be $8,700.
Exotic Multiples
You are not only guaranteed a Jackpot Return if you can hit the achieve 100% winners from your selection, but you also have the benefit of getting a payout if just two of your selections happen to win.
In short, all the horses from the different races don’t have to necessarily score for you to win in this form of multiple betting.
Types of Exotic Multiple Bets
Exotic Multiple bets come in a wide variety, including these:
- Trixie: 4 bets involving 3 selections in different horse racing events. The bet here includes 3 doubles and 1 treble. To get a return, two of your selections must be successful.
- Patent: 7 bets involving 3 selections in different horse racing events. The bet here includes a single on each selection, 3 doubles and 1 treble. You get a return if at least one selection is successful.
- Yankee: 11 bets involving 4 selections in different horse racing events. The bet here includes 6 doubles, 4 trebles, plus an accumulator. To get a return, at least 2 of your selections must be successful.
- Lucky 15: Consists of 15 bets involving 4 selections in different horse racing events. The bet here is working up of 6 doubles, 4 singles, 4 trebles, and 1 fourfold. Most online bookies will often give a consolation to the returns like double or treble the odds if one selection wins. However, if all four selections win, then the bookmakers will often give a bonus of 10% or more to total returns. This type of bet can be really profitable, as you get your money back at the odds of five to one.
Final Pointers on Multiple Bets
Besides these types of Exotic Multiple bets, we have others like Super Yankee (also known as Canadian), Lucky 31, Heinz, Lucky 63, Super Heinz and Goliath, which are more-or-less variations of the Exotic Multiples explained above.
In certain online sportsbooks, you are allowing to make your own multiples bets, giving you a chance to customize your horse racing multiple bets as you wish.
Despite the potential for huge payouts, novice bettors must be aware that one or two losers can drastically reduce your winnings by up to half your bet.
Proper research and professional caution is thus advised when approaching horse racing multiple bets.
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