4ranews / Other / Guides / Lucky 15 Bet Calculator

Lucky 15 Bet Calculator

February 1, 2021, 10:28
648
Lucky 15 Bet Calculator

A Lucky 15 bet is one where you place 15 bets on four selections. They differ from accumulator bets in that even if one of the selections fail to win, the punter still gets a return on his stake. The game-changer is that it presents an even greater probability of a return irrespective of the outcome.

However, it does this at a higher cost per unit stake (15 times a single bet cost). The Lucky 15 bets are used mostly for horse and greyhound races, but they can also be applied to other sports, such as soccer. Moreover, they tend to be quite popular as some bookmakers attach bonuses to them, making them all the more irresistible. Lucky 15 bets consist of:

  • Four (4) single bets;
  • Six (6) double bets;
  • Four (4) triple bets;
  • One (1) fourfold accumulator bet.

This table illustrates a typical example of how the selections and bets are arranged. Let’s assume there are racehorses named Monahan boy, Rapid-fire, Bullseye and Red lightning.

Monahan boy (7/1) Rapid-fire (5/1) Bullseye (4/1) Red lightning (9/1)
 

Single Bets

Bet 1           ✓
Bet 2           ✓
Bet 3           ✓
Bet 4           ✓
 

Double Bets

Bet 5           ✓           ✓
Bet 6           ✓           ✓
Bet 7           ✓           ✓
Bet 8           ✓           ✓
Bet 9           ✓           ✓
Bet 10           ✓           ✓
 

Triple Bets

Bet 11           ✓           ✓           ✓
Bet 12           ✓           ✓           ✓
Bet 13           ✓           ✓           ✓
Bet 14           ✓           ✓           ✓
Fourfold bet Bet 15           ✓           ✓           ✓           ✓

As nice as these bets sound, understanding and calculating your bet winnings with them isn’t straightforward, but we help break it down here so you too can join the party!

How to Calculate a Lucky 15 Bet

  1. After making your four selections, which may be from different races or games, take note of the odds attached to each selection.
  2. After the race or game, take the winning selection and add 2 to the odds. For instance, if you bet on Monahan boy, which has odds of 7/1, and it ends up winning the stake: 7 + 2 = 9.
  3. If there is more than one winning selection, for example, if Rapid-fire with odds of 5/1 also wins the stake, you multiply their odds i.e. Monahan boy(7+2=9) X Rapid fire(5+2=7) = 9 X 7 = 63
  4. Take away one point from the total number of points i.e. 63 – 1 = 62
  5. Multiply your stake by the number of points you have from no. 4 above. This is wha you take home. For instance, if you placed a Lucky 15 bet with an INR 10 unit stake on the selections in our example, you’ll be paying 10 X 15 = INR 150 as the total stake because you’re essentially placing 15 bets.

Monahan Boy and Rapid-fire win, so according to our example above, you multiply the unit bet by our final point calculated (62): 10 X 62 = INR 620. So, a punter, having two out of his four selections, makes a net profit of 620 – 150 = INR 470.

If only Monahan Boy wins, then applying steps 2 – 4, we arrive at 8 points by which we multiply the individual unit (INR 10). We then get a total take-home of 10 x 8 = INR 80, this is a net loss of INR 70, but at least there is some return on your stake even after losing three (3) other predictions. One would say, this is far better than an accumulator bet.

Rating:
(Rating: 0.00 , Votes: 0 )

Last articles

Top Lowest Team Scores in Test Cricket
Articles
February 21, 2022, 13:45 718
Top Lowest Team Scores in Test Cricket

Contents1 New Zealand, Auckland, March 1955 (26 all out)2 South Africa, Port Elizabeth, February 1896 (30 all out)3 South Africa, Birmingham, June 1924 (30 all out)4 South Africa, Cape Town, April 1899 (35 all out)5 South Africa, Melbourne, February 1932 (36 all out) In this article, we look at the lowest team scores in Test […]

Suresh Iyer
Highest Scores Ever in a Pro Kabaddi
Articles
February 21, 2022, 12:56 553
Highest Scores Ever in a Pro Kabaddi

Contents1 Season 5 Patna Pirates 69-30 Haryana Steelers2 Season 7 Patna Pirates 69-41 Bengal Warriors3 Season 3 Dabang Delhi K.C. 34-67 Patna Pirates4 Season 5 Bengaluru Bulls 64-24 U.P. Yoddha5 Season 8 Dabang Delhi K.C. 22-61 Bengaluru Bulls6 Season 7 Puneri Paltan 40-60 Dabang Delhi K.C.7 Season 1 Telugu Titans 60-24 Puneri Paltan8 Season 7 […]

Jishnu Brahmaputra
First-Ever Pink-Ball Test Match
Articles
February 21, 2022, 12:50 666
First-Ever Pink-Ball Test Match

Contents1 The Changes2 The First-Ever Day/Night Test3 Further Appearances of the Pink Ball4 Future of the Format In the era that we live in, almost everything worth watching is being made compact for consumers who have increasingly shorter attention spans. Even sports broadcasters are obsessed with making things quicker for audiences, with slow over rates […]

Jishnu Brahmaputra
When Was the First Ever Test Match Played?
Articles
February 21, 2022, 12:20 642
When Was the First Ever Test Match Played?

Contents1 Cricket: From Child’s Play to International Spectacle2 Prelude to the Match3 The Game Begins4 After the Fact Every sport that we know of today had its humble beginning somewhere, after which it was further polished and refined until it became the sophisticated, competitive spectacle we know and love today. Cricket: From Child’s Play to […]

Jishnu Brahmaputra
Longest Winning Streaks in Test Cricket History
Articles
February 21, 2022, 11:00 643
Longest Winning Streaks in Test Cricket History

Contents1 1. West Indies (27 Matches)2 2. England (26 Matches)3 3. Australia (25 Matches)4 4. Australia (22 Matches)5 5. India (19 Matches)6 6. England (18 Matches)7 7. Australia (18 Matches)8 8. Australia (17 Matches)9 9. India (17 Matches)10 10. Australia (16 Matches) Losses are an inevitable part of any game. Any team that plays a […]

Jishnu Brahmaputra
Top 10 Youngest Cricketers in Test History
Articles
February 21, 2022, 10:20 643
Top 10 Youngest Cricketers in Test History

Contents1 1. Hasan Raza (Pakistan)2 2. Mushtaq Mohammad (Pakistan)3 3. Mohammad Sharif (Bangladesh)4 4. Aaqib Javed (Pakistan)5 5. Sachin Tendulkar (India)6 6. Aftab Baloch (Pakistan)7 7. Talha Jubair (Bangladesh)8 8. Nasim-ul-Ghani (Pakistan)9 9. Naseem Shah (Pakistan)10 10. Enamul Haque Junior (Bangladesh) The word ‘prodigy’ is thrown around a lot in sports, usually every time a […]

Jishnu Brahmaputra