Patent Bet Explained

What Is a Patent Bet?

A Patent bet is a cover wager that allows you to use multiple betting methods to place stakes across 3 different sections. These sections are Three Singles, Three Doubles, and One Treble.

The concept of a Patent bet covers all the potential outcomes of the sport you are betting on. So, even if two of the bets didn’t go as you predicted, you can still receive some returns if the other remaining wager went as you expected.

Also, a Permed Patent bet can consist of 4 or 6 selections, with the max number of individual bets placed up to 28.

How Does a Patent Bet Work?

To help you understand the permed Patent bet’s meaning, we would like to explain how it works.

A Patent bet is a betting strategy that allows players/punters to use multiple betting, including 7 bets placed on 3 different selections. The wagers are 1 Treble, 3 Singles, and 3 Doubles.

You can use those 7 bets and 3 selections to cover all the potential outcomes of your betting sports.

The rule of thumb is that at least one of the bets will win so that you can earn a return. The more bets that win, the more returns you make from the game you wagered on.

Generally, Patent bets empower you to wager on any sport that catches your fancy. And the amazing thing about it is that the entire process is automated, so you don’t have to worry about the calculations that come with it.

Patent Bet in Football

It is possible to use it as a bet type in football. You can use the Patent bet strategy better because football offers better odds.

When using Patent bets in football, ensure that you make different predictions and place various wagers for each football match to increase your chances of yielding big results.

Patent Bet in Horse Racing

Football is not the only sport where you can use Patent betting. Horse racing is another type of sport where you can use this type of wagering technique to improve your probability of getting a return on a bet.

The only difference is that the returns on Patent Horse Bet are lower than that of football. Also, using a Patent bet for horse racing has an exception: you can only use the three betting selections across the horse racing betting markets.

Calculating a Patent Bet Payout

One challenge players tend to have with using a Patent bet is calculating their stakes. If you have this challenge, we encourage you to use a Patent bet calculator so you don’t make mistakes.

Here are some of the details you need to enter in the Patent bet calc:

• The Type of Bet: Here, you will select Patent as the type of bet you placed.
• Stake Type: Select the type of stake – Stake Per Bet or Total Combined Stake
• Stake: Enter your stake for the bet.
• Odds Type: What type of odds did you use? It is either Fractional or Decimal.
• Conditions: The conditions for the Patent bet also matter. Some popular conditions are Dead Heat, Each Way, and Rule4.
• After that, enter your Odds and wait for the calculator to come up with your Returns and Profits.

Is it Possible to Do an Each Way Patent?

Yes, you can do each-way patent, provided you use the 14 bets you are offered. The rule of thumb is to place 7 of the wagers for a win, and the system will automate the remaining 7.

Patent Bet Example

The Patent bet definition may seem complicated, but it is not. Here are 2 scenarios depicting the winning and the losing example of Patent bets in football matches.

There are 3 football matches in the following schedule:

• Chelsea vs Real Madrid
• Manchester United vs Liverpool FC
• Barcelona FC vs Leicester City

You want to use a Patent bet to predict the outcomes of those matches to increase your chances of earning returns on your predictions.

Let’s say you predicted that the first match would end in favor of Real Madrid with an odd of -160. At the end of the game, the result was 16:33, with Real Madrid winning the match as you predicted.

For the second match, you used an odd of -120 to predict that Liverpool Football Club would lose the game. The game’s result was 1:3, which means your prediction was wrong because Liverpool FC won the match. That means you are one Patent bet down.

Then, the last match prediction of Barcelona FC vs Leicester City, with an odd of -110, was predicted to end in favor of Leicester City. The match’s result was 2:4, which means that you made an accurate Patent bet because Leicester City won the game.

Patent Bet Strategy

The explanation above shows that the Patent bet explained how you could use just 2 accurate predictions to earn some returns, even when all the stakes didn’t come out as you predicted.

The strategy used here is to make a bet that consists of three selections. These selections are rolled up into seven bets that include 1 Treble, 3 Singles, and 3 Doubles. The strategy here is to back each section at slightly higher odds because that is one of the easiest ways to increase your chances of earning a return, even if only one of the selections wins.

Likewise, you can lose your bet at a football bookie like Bet365 if all your 3 bets or picks don’t come out as you predicted. That means our 3 wagers with 7 different selections did not win as you expected them to.

What Is the Difference Between a Patent Bet and a Trixie?

A Patent bet and a Trixie guarantee a return on your picks when betting on any sport. And while many players confuse a Patent bet with being a Trixie and vice-versa, the primary feature that makes them synonymous is that they both have 3 selections.

Yet, there are differences between a Patent bet and a Trixie that will help you understand how they will help you when betting at horse racing bookmakers.

The primary difference between the two is that a Trixie has just 4 bets instead of the 7 selections included in the main 4 sets in a Patent bet.