A Trixie bet is a popular wagering option for horse racing fans. It is a type of multiple bet that combines three selections into one wager. It consists of four separate bets that are placed in one. The main aim of this type of bet is to get at least two of the selections to come in as winners, in order for the bet to be successful.
How Does the Trixie Bet Work?
When placing a Trixie bet, you will need to select three selections. These selections can be horses, greyhounds, or other events. The bet consists of four separate bets; three Doubles and one Treble. The Doubles are two selections combined, and the Treble is all three selections combined.
The Stakes
The stakes for a Trixie bet are calculated differently than other types of bets. The stake you choose is placed on all four separate bets. For example, if you place a £10 Trixie bet, it will cost £40 in total. This is because the stake is multiplied by four, to cover the four separate bets.
The Returns
The returns for a Trixie bet depend on how many of your selections come in as winners. If two of your selections come in as winners, you will receive a return on the two Doubles and the Treble, but not the other Double. If all three of your selections come in as winners, then you will receive a return on all four bets.
Types of Trixie Bet
There are two different types of Trixie bets that can be placed. These are the Single Trixie and the Patent Trixie.
Single Trixie Bet
A Single Trixie bet is the most commonly used type of Trixie bet. It consists of three selections and four bets, as described above. It is a cost-effective bet, as the stake is only multiplied by four, instead of seven, like in the Patent version.
Patent Trixie Bet
A Patent Trixie bet is a more complicated version of a Trixie bet. It consists of seven separate bets, as opposed to four in the Single version. This bet is more expensive, as the stake is multiplied by seven in order to cover all seven bets.
Advantages of Trixie Bets
There are a number of advantages to placing Trixie bets. These include:
- Cost-effective: Trixie bets are cost-effective, as the stake is only multiplied by four or seven depending on which type of Trixie bet you place. This means you can get more bang for your buck.
- Higher Returns: If two or three of your selections come in as winners, then you can receive higher returns than if you were to place a single bet.
- Easy to Place: Trixie bets are easy to place, as all you need to do is select three selections and the stake, and the bet is placed for you.
Disadvantages of Trixie Bets
Although there are a number of advantages to placing Trixie bets, there are also some potential drawbacks. These include:
- Riskier: Trixie bets are more risky than single bets, as you need at least two of your selections to come in as winners, in order for the bet to be successful.
- More Expensive: The Patent Trixie bet is more expensive, as the stake is multiplied by seven, instead of four, as in the Single version.
- Less Control: When placing a Trixie bet, you have less control over the selections, as you have to choose three selections, instead of one.
Conclusion
Trixie bets are a popular wagering option for horse racing fans. They are cost-effective, offer higher returns, and are easy to place. However, they are also more risky and you have less control over the selections. Ultimately, it is up to you to decide whether a Trixie bet is the right option for you.