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Banker Bets Explained

Banker Bets

If you’ve ever placed a bet online, you probably know what accumulators are. Punters are no longer restricted to placing single bets – they can bet on doubles, trebles, and accumulators at will.

In addition to these bets and more exotic variants such as Lucky 15 and Lucky 31, you can also bet on a wide range of multiple selections bet types. Ever seen those banker bet of the day banners at Bet365 and wondered what they are? These bets can be accessed directly from your betslip and give punters a different way of betting on multiple selections.

In this banker bets review guide, we’ll tell you more about this exciting bet and how to place it at the top bookies online.

What Is a Banker Bet?

The definition of a banker bet says that it is the selection that is most likely to win. Think of it as the most reliable leg of multiple options on your slip. It’s the bet that’s least expected to cause trouble for you and is commonly a short-priced selection.

This form of betting involves 3 or more selections, with punters being able to pick their banker bets straight from the slip. It’s different from accumulators that include all the selections into a single wager. It differs from combinations bets that have some or all possible combinations across several pay lines. Football banker bets allow you to choose the ‘banker’ yourself, meaning pick the selection you’re sure will win.

When to Place a Banker Bet

Banker bets are simple to place and are commonly used when you’ve done your research properly. You can’t just pick a banker randomly. This bet works best when you believe you’ve got a sure winner to back up from the multiple selections.

For example, you can place a Bet365 banker bet by highlighting the bankers on the slip with a single click. These must win if your stakes are to come in. If any of the bankers lose, you lose the full slip.

When placing a banker bet, review your options carefully. You should only choose to use bankers when you’re sure those selections are worth backing up. That is why they’re usually short-priced, although there are exceptions. If you believe a horse is a safe bet or that a football team definitely wins its match at great prices, those are the times when banker bets make sense.

How Does Banker Bet Work in Other Types of Bets

Banker bets can be used in other types of multiple selections bets. Let’s see how they work in the most popular ones.

Accumulators

Accumulators include 4 or more selections on a single line bet. Depending on the bookies, the maximum number of choices varies. Bwin and Bet365, for example, allow up to 20. Since the number of selections is so big, adding a banker bet or two is smart. Check out today’s banker bets at an expert tipster site like ours and build the Acca around them.

Forecasts

For those unaware, forecasts are a special type of horse racing bet. It allows you to bet on runners that should finish first and second in any order for your bet to win. In this case, you can use a horse with the best chances of winning as a banker as the top element in a forecast.

Doubles and Trebles

When betting on doubles and trebles, it would be wise for the first element to be a banker. In that case, you’ll minimize the risk of losing the full bet and get at least something in return.

System Bets

System bets are quite complex, often combining accumulators with trebles and doubles. With this bet, only 1 or 2 legs are enough to return. Make those legs a banker bet, and you’ll build a slip that can pay nicely.

Examples of Banker Bets

Let’s use a horse race at bookmakers as the basis for a banker bet. With the banker bet working best with 3 selections, you identify the horses most likely to win. One of these selections is chosen to win the race – usually the shortest price.

The other 2 selections are boxed to finish second or third. In this case, the banker must win in all possible combinations. There are numerous possible combinations in this type of bet, but the banker must prevail in all of them.

As long as he wins the race, it doesn’t matter which horse finishes second or third. It’s the same if you pick a banker to finish in the top 2 or 3. As long as it ends on the 3 top spots, there will be numerous other combinations you receive a payout. That’s the banker bet explained in the simplest way possible.

Benefits of Banker Bets

The biggest and most obvious advantage of a banker bet is that you don’t need to pick specific winners of events besides the one you set to be a banker. For example, putting a banker with 4 Premier League matches reduces the risk of losing significantly. You will choose the most likely team as a winner on that kind of slip, and the matches you’re not that sure of can then add to the value of said slip.

As mentioned earlier, it works best when you’re sure a selection wins and unsure of how others will perform.

Disadvantages of Banker Bets

The glaring disadvantage of banker bets is that they cost more than a single. No profit is guaranteed with banker bets, even if your banker wins. In that case, you might win, but you may also lose profit depending on the odds.

When placing soccer banker bets of the day, you need to do it smartly. Don’t just pick a banker and surround it with random selections. In that case, you might not win a single penny, which can be devastating.

How Much Banker Bets Cost

The cost of banker bets is determined by the number of selections on your slip and the chosen bankers. The more you pick, the higher the wager. Keep this in mind when going for bankers. In this case, all the selections on your slip are separate bets, and you must pay for all of them.

The good news is that bookies such as Paddy Power make calculating the profit and cost of banker bets easy. Just select your bankers and enter the stake, and everything will be instantly calculated for you.

Banker Bet Payouts

Banker bets can deliver solid profit if you pick your selections carefully and others win. However, they can also provide no profit. For example, if your banker wins at short odds and the other bets lose, you would have spent way too much money on odds that bring no profit back.

Best Way to Use a Banker Bet

The best way to use a banker bet is when you’re confident in the result of one match and have valuable odds on others. The banker bet meaning explains it perfectly – you’re banking on something to happen for sure. You’ll always get short prices on the banker, which isn’t ideal, but if the other selections have good odds, you can make a solid profit.

Surround it with good options at great prices, and you can win pretty solid returns at the top football bookies.

Frequently Asked Questions

  • What is a banker bet in horse racing?

    A banker bet in horse racing means picking a horse you believe will win the race for sure. You can surround it with selections you think will finish 2nd and 3rd. As long as the banker wins, you’ll win your bet regardless of how the other horses finish.

  • What is a banker in a round robin bet?

    A banker is a form of round robin betting. It works with 3 or more selections and one banker (selection) as the most obvious winner. It is part of every single combination of your bet, and as such, it must win. If it loses, you lose the full bet.

  • What is a banker bet on Bet365?

    As one of the world’s top bookmakers, Bet365 allows you to select bankers. Add 3 or more selections on your slip, and click on the banker to set it up and go from there.

Betting Guru

Tim is our betting guru. Every gaming site needs one, and Tim’s our guy. He has plenty of experience in betting online and is quite successful at it. Tim’s favorite sports are hockey, baseball, and Esports. Tim believes the latter to be the future of betting.

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