4ranews / Guides / Lucky 15 Bet Calculator

Lucky 15 Bet Calculator

February 1, 2021, 10:28
176
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

Virat Kohli: Seven Double Centuries by King Kohli
Articles
September 22, 2021, 9:13 68
Virat Kohli: Seven Double Centuries by King Kohli

Contents1 #1 In 2016 Against West Indies in Antigua2 #2 In 2016 Against New Zealand in Indore3 #3 In 2016 Against England in Mumbai4 #4 In 2017 Against Bangladesh in Hyderabad5 #5 In 2017 Against Sri Lanka in Nagpur6 #6 In 2017 Against Sri Lanka in Delhi7 #7 In 2019 Against South Africa in Pune […]

Shivam Bhateja
Virat Kohli vs AB de Villiers: Stats Comparison
Articles
September 20, 2021, 13:40 71
Virat Kohli vs AB de Villiers: Stats Comparison

Contents1 Introduction2 AB de Villiers vs Virat Kohli in Test Cricket2.1 Overseas Centuries3 AB de Villiers vs Virat Kohli in One Day Internationals4 AB de Villiers vs Virat Kohli in T20 Internationals5 AB de Villiers vs Virat Kohli In IPL6 Conclusion Introduction AB de Villers and Virat Kohli are two of the staunchest batsmen of […]

Dhawal Pagay
Steve Smith vs Virat Kohli: Stats Comparison
Articles
September 20, 2021, 13:25 107
Steve Smith vs Virat Kohli: Stats Comparison

Contents1 Introduction2 Debuts In International Cricket3 Test Cricket4 Overseas Hundreds5 One Day Internationals6 T20 Internationals7 Runs in ICC Knockouts8 IPL9 Conclusion Introduction Cricket has been in existence for more than 150 years and has witnessed numerous batting stalwarts over the years. Batsmen like Sir Don Bradman, Sir Gary Sobers, Sunil Gavaskar, Sachin Tendulkar and Ricky […]

Dhawal Pagay
Virat Kohli and the Centuries That Have Earned Him the Title, ‘The King’
Articles
September 14, 2021, 10:45 123
Virat Kohli’s Captaincy Records

Contents1 Captaincy Record Across Formats1.1 2017: BCCI Appoint Kohli Captain Across Formats1.2 2018-19: Kohli Leads India to First-Ever Test Series Win in Australia2 Virat Kohli Record as Test Captain2.1 Most Tests as Captain of India2.2 Most Successful Test Captain of India2.3 Most Test Centuries by an India Captain2.4 Most Test Wins in India2.5 Most Test […]

10 Best Innings by Virat Kohli’s
Articles
September 14, 2021, 9:24 92
10 Best Innings by Virat Kohli’s

Contents1 10- 235 against England in 4th Test in Mumbai in 20162 9- 141 against Australia in 1st Test in Adelaide in 20143 8- 90 not out against Australia in Adelaide in 20164 7- 153 against South Africa in 2nd Test in Centurion in 20185 6- 149 against England in 1st Test in Birmingham in […]

Zohaib Ahmed
Rohit Sharma vs Virat Kohli Stats Comparison
Articles
September 8, 2021, 10:23 112
Rohit Sharma vs Virat Kohli Stats Comparison

Contents1 Rohit Sharma vs Virat Kohli Stats: Test Matches2 Rohit Sharma vs Virat Kohli Stats: One Day Internationals3 Rohit Sharma vs Virat Kohli Stats: T20 Matches4 Virat Kohli vs Rohit Sharma Records5 Conclusion Indian cricket fans are in for a treat today. We will be comparing the stats of two players who have been dominating […]

Yogesh Gupta