Trixie Bet Explained
Smart bettors rely on more than luck alone. They do their due diligence on every match on which they bet. More notably, they use stable wagering strategies to maximize their profits and minimize losses.
Trixie Bet Meaning: What Is a Trixie Bet?
A Trixie bet consists of 4 wagers placed across 3 selections in separate events. This unique betting strategy is guided by strict parameters designed to maximize your potential winnings using comparatively low betting amounts. It applies to most sports and wagering markets but is often used for horse race betting.
Trixie betting is similar to other gambling strategies, such as a Lucky 63 bet. It is especially mistaken with the Trifecta bet, another wildly popular method in horse racing.
Betting Trixie is easy once you understand how the strategy works. Many sportsbooks also have tools to help players place and calculate Trixie bet wagers.
How Does a Trixie Bet Work?
Placing and calculating a Trixie bet is simpler than most other betting strategies because it consists of a few events. Here is an overview of how to calculate and bet Trixie wagers.
How to Make a Trixie Bet
A Trixie bet comprises 4 bets: 3 doubles and 1 treble. The individual bets must be of equal value based on the unit wager, meaning that you must wager the same amount of money on each bet – wagering $1 on one bet would bring the overall Trixie bet wager to $4.
Suppose you have 3 games or matches that you wish to bet on, say matches A, B, and C. Your Trixie bet would look like this:
- 3 double bets: A+B, A+C, B+C
- 1 treble bet: A+B+C
The bets must be selected from 3 events, and each wager must be unique. It means you cannot bet on 2 different outcomes for one game.
How Do You Calculate a Trixie Bet?
Calculating a Trixie bet is easy once you understand how the strategy works. Here is a simplified formula on how to work out any Trixie bet:
- Step 1: Convert fractional odds into decimals by dividing the number on top using the number below and adding one to the final answer. For example, fractional odds of ½ would be 1.5 (0.5+1).
- Step 2: Multiply the Selection 1 and 2 odds in the doubles bets to find the return, including your original wager.
- Step 3: Multiply the Selection 1, 2, and 3 odds in the treble bet to find your return, including your stake amount.
At least 2 selections must win to get a return on your wager, albeit you could still incur a loss – however, winning all 3 choices guarantees a profit – the treble wins if all 3 double bets win. Unfortunately, you will lose your entire stake if only one selection wins.
Overall, using a Trixie bet calculator is easier and recommendable because calculators are always accurate. Fortunately, many Trixie bet betting sites offer calculators and other wagering tools.
Explain: Trixie Bet Example
Suppose you want to place a Trixie bet on football matches between the 3 teams: Arsenal, Barcelona, and Liverpool. Your Trixie bet would look and work as shown below:
- Double Bet 1: Arsenal and Barcelona will win.
- Double Bet 2: Arsenal and Liverpool will win.
- Double Bet 3: Liverpool and Barcelona will win.
- Treble Bet: All 3 teams will win.
As explained earlier, each bet must be unique. It is also worth noting that you can place an each-way Trixie bet, as described below.
Win Trixie Vs Each-Way Trixie
How does doubling your odds and potential winnings (and overall stake) sound? You can do it by placing an each-way Trixie bet. Here is a brief overview of the differences between a win and each-way Trixie bet.
A win Trixie bet is the version of this betting strategy discussed above. It involves placing 4 unique bets on 3 selections in separate events. The unit wager equals $1 on one stake, bringing the overall bet to $4. The most notable aspect of a win Trixie bet is that you bet only on the games’ outcomes.
The most notable aspect of an each-way Trixie bet is that you wager on the outcome (win) and the place. Suppose you are placing an each-way Trixie bet on horse racing. You get returns for every horse that wins and puts in each race.
Another notable aspect of an each-way Trixie bet is that it doubles all your betting parameters, including the stake and odds. You place 8 individual bets: 4 win bets and an extra 4 place bets. A unit wager of $1 would bring the overall stake to $8.
Which One Should You Choose?
An each-way Trixie bet is more enticing than a standard Trixie bet because of the likelihood of winning more money. However, it also requires a more significant stake. Your choice should depend on your unique betting plan and factors such as your wagering amounts, the available odds, and the potential returns. You can also consult a professional punter to explain the Trixie bet type in detail so you can make an informed decision.
What Sports Can Trixie Bets be Used for?
Trixie bets apply to many sports. However, they are most famous for football and horse racing bets. Overall, the principle doesn’t change regardless of the sport type.
What Is a Trixie Bet in Horse Racing?
The horse racing Trixie bet system is simple and usually effective, depending on how well you choose your horses and outcome predictions. It involves choosing 3 horses in separate events and placing 4 unique bets: 3 double bets and 1 treble bet. Trixie horse racing bets are wildly popular because they are more secure than accumulator bets and cheaper than other betting strategies, such as Lucky 31 wagers.
What Is a Trixie Bet in Football?
A Trixie bet football wager involves placing four unique bets on three separate football matches – the earlier Trixie bet example is based on football matches. Trixie football bets are prevalent because of the numerous betting markets available in this sporting category.
Features of a Trixie Bet
A Trixie bet has four notable features:
- Unit Wager – This is the amount staked on each bet. The unit wagers must be equal, meaning that the total wager is 4 times the standard wager when placing a win-only Trixie bet and 8 times when placing an each-way Trixie bet.
- Double Bet – A double bet comprises 2 single bets on 2 separate outcomes, both of which must win for you to get returns.
- Treble Bet – A treble bet comprises 3 single wagers on 3 separate outcomes, all of which must win for you to get returns.
- Uniqueness – Your betting selections must be from separate events, and each bet must be unique, meaning you cannot bet on 2 varying outcomes for the same event.
Why Place a Trixie Bet?
There are many compelling reasons for placing a Trixie bet, including the following:
- You can quadruple your potential winnings using a relatively low stake.
- Your bet is secure because you can still get returns if one selection loses.
- Your betting experience will be more exciting and immersive.
Does a Trixie Bet Have Any Drawbacks?
The most notable drawback of placing a Trixie bet is that your overall wager will be four times your unit wager on each bet. It is also worth noting that winning two selections doesn’t guarantee a profit.
Why Should You Place a Trixie Bet
You should place a Trixie bet if you feel lucky and want to win a more significant stake. However, it is essential to choose your games well because you need to win at least 2 selections (or all 3 selections, depending on the odds) to make a profit.
Frequently Asked Questions
What is a Trixie bet?A Trixie bet comprises 3 double wagers and one treble bet. It applies to most sports.
What is a Trixie bet in horse racing?A Trixie bet in horse racing involves placing 3 double bets and one treble bet on 3 separate races. This betting strategy is wildly popular for horse racing bets.
How does an each-way Trixie bet work?An each-way Trixie bet includes wagers on wins and places. It doubles the overall stake and potential returns.
What is a Trixie bet on the Irish lottery?A Trixie bet on the Irish lottery involves choosing 3 numbers and using them to place 4 individual and unique bets. It makes betting on the lottery less risky and more rewarding.
What is the difference between Trixie bets and patent bets?The main difference between a Trixie and a patent bet is that the former comprises 4 individual bets while the latter consists of 3 separate wagers.
When is it ideal to choose a win-only Trixie bet?A win-only Trixie bet is ideal when working with a limited stake. It is also recommended if the likelihood of winning is uncertain.
Can you include a live bet in a Trixie bet?You can include a live bet in a Trixie wager. However, each stake must be unique, whether live or pre-match bet.
How to place a Trixie bet on Bet365?You can place a Trixie bet on Bet365 by choosing 3 events on one sport and predicting 3 unique outcomes. Bet365 also has a Trixie bet calculator.