Trixie Bet Calculator
- What is a Trixie Bet?
- A Trixie Bet Explained
- How Does a Trixie Work?
- How Are the Odds for a Trixie Generated?
- What Happens if Two Horses Within My Trixie Bet Don’t Win?
- If One of My Combinations Returns, Does That Mean My Stake Will Be Covered?
- Advantages and Disadvantages of Placing a Trixie Bet
What is a Trixie Bet?
Particularly popular in sports such as horse racing, football, and American sports such as the NFL and NBA, a Trixie bet can take a little while to get your head around, but once you understand how it works it is a bet that can provide some flexibility and could see some big returns potentially made.
Here is everything you need to know.
A Trixie Bet Explained
A Trixie is made up of four bets and involves picking three selections. Let’s use an example of the sport where it is most commonly used, horse racing, to illustrate it further.
To begin our Trixie bet we firstly need to select three horses to fulfil our Trixie betting slip. Having scoured a horse racing card, there are three horses that make appeal;
- Horse 1 - 1/1
- Horse 2 - 3/1
- Horse 3 - 5/1
By wanting to place a Trixie, our bet will consist of three double bets and one treble, therefore our bet will cover the following scenarios:
- Double 1 - Horse 1 and Horse 2
- Double 2 - Horse 1 and Horse 3
- Double 3 - Horse 2 and Horse 3
- Treble 1 - Horse 1, Horse 2 and Horse 3
With four bets to place, each scenario requires an individual stake that is consistent across all of the Trixie lines. Therefore, if you wanted to place a £10 bet, each line would need to have £2.50 allocated to it to make up your total. If you wanted to bet £10 per line, the total of your bet would be £40.
When placing a Trixie be mindful that whatever you wish to stake will need to be multiplied by four.
How Does a Trixie Work?
In order to win a Trixie bet, not every single line needs to come in. However, to win the biggest amount possible all four bets will need to be predicted correctly.
Let’s say in our example Horse 1 wins, this would mean that both the first double, second double and treble bet would still be in play. If Horse 2 then wins, we know that at least one of our doubles will pay us out as a winner.
If Horse 3 were to be a loser, that would mean our second double bet of Horse 1 and 3, third double of Horse 2 and 3 and the treble would all be losers.
Although we have used the example of horse racing, the premise would work in exactly the same way for any other sports where you wanted to place a Trixie. If for example you bet on football, you would need to bet on three different teams. In order to win the biggest return all three of those teams would need to win their matches. If one team were to lose, you would need to hope that one of your other combos would still produce a positive outcome.
How Are the Odds for a Trixie Generated?
The odds for a Trixie are completely dependent on the prices of the horses or teams that you choose. The higher the odds of your selections, the higher the likelihood that you will have a bet that returns a decent price.
Due to horse racing often containing great odds, it is seen as the ideal sport for Trixies. If you want to work out the odds for each of the potential combinations within Trixies you can do so by following the below:
- Double 1 - Horse 1 and Horse 2 - returns will be generated by multiplying the odds of Horse 1 and Horse 2
- Double 2 - Horse 1 and Horse 3 - returns will be generated by multiplying the odds of Horse 1 and Horse 3
- Double 3 - Horse 2 and Horse 3 - returns will be generated by multiplying the odds of Horse 2 and Horse 3
- Treble 1 - Horse 1, Horse 2 and Horse 3 - returns will be generated by multiplying the odds of Horse 1, Horse 2 and Horse 3 together.
As there can be multiple outcomes within a Trixie if your bet combinations land, the overall return will be worked out by adding the potential returns together.
If all three doubles and your treble bet land, you will receive the following profits. The returns from Double 1 + the returns from Double 2 + the returns from Double 3 + the returns from your treble.
What Happens if Two Horses Within My Trixie Bet Don’t Win?
In order to see any form of returns from your Trixie only one horse can afford not to be a winner. If two of your three horses or teams fail to win, your bet will be classed as a loser.
If One of My Combinations Returns, Does That Mean My Stake Will Be Covered?
If it looks like you won’t land every bet within your Trixie but do land one of the combinations, there isn’t a guarantee that the winnings of that bet will cover your initial stake.
It will come down to the odds of your selections, if the odds you have chosen are generous, then there is a good chance your bet could end up covering your stake. However, if you are betting a Trixie with short priced favourites, you may find that just landing one combination isn’t enough to cover your initial outlay.
Advantages and Disadvantages of Placing a Trixie Bet
Advantages
- There will be flexibility in the bet as not every outcome needs to win in order for your bet to see some returns.
- High returns can be won from a Trixie bet due to the amount of potential returns.
- Can be placed across multiple sports.
- A Trixie bet is likely to be more cost effective than placing individual singles or doubles.
Disadvantages
- Due to the requirement on betting on four lines, a Trixie bet can be expensive.
- Overall value can be minimal if more than one of your selections loses.
- You will need at least two selections to win, in comparison to a single bet which just needs one outcome in order for the bet to be a winner.