How To Place A Trixie Bet

Top Tips
  1. A trixie bet is a type of cover bet and provides a kind of insurance against losing out on a treble by one.
  2. There are 4 parts to it – 3 doubles and 1 treble.
  3. This means that your total stake is 4 times what you enter (e.g. a £5 trixie costs £20).
  4. A least 2 out of 3 selections must win for you to get any sort of return.
  5. You can’t bet on outcomes within the same event as part of a trixie – each selection must be independent of one another.
  6. You can bet on different sports within a trixie.
  7. Check out our trixie bet calculator to work out the potential returns with different sized odds.

A trixie bet forms part of a group of bets that are known as cover bets. It is essentially four bets across three separate events that have been combined and packaged as one. It includes three double bets and one treble bet with the double bets providing the “cover” in case you miss the treble by one selection.

So let’s assume that you bet on events A, B and C; the four bets that comprise the trixie are:

  1. A double on outcomes A and B
  2. A double on outcomes A and C
  3. A double on outcomes B and C
  4. A treble on outcomes A, B and C

Since there are these four components to a trixie bet, the stake that your enter when placing one is also multiplied by four. So a £5 trixie will actually cost you £20 as each of the doubles and the treble will have £5 placed on it.

Example:

Imagine that you fancied the following three horses to win in their respective races:

  1. Prize Runner in the 2.30 at Aintree
  2. Jockey’s Dream in the 3.10 at Chepstow
  3. Always Reliable in the 4.20 at Newmarket

A trixie would be made up of the following four bets:

  1. A double on Prize Runner and Jockey’s Dream
  2. A double on Prize Runner and Always Reliable
  3. A double on Jockey’s Dream and Always Reliable
  4. A treble on all three horses

Here are the results of the bet, given the potential outcomes of each race:

  • No horses win - you lose your entire stake
  • 1 horse wins - you lose your entire stake
  • 2 horses win - one of the doubles wins and you get a return (could be smaller or bigger than your total stake depending on the odds of the two winning horses)
  • All 3 horses win - each of the 3 doubles wins and so does the treble meaning a guaranteed profit

 

So What’s So Good About A Trixie?

Have you ever placed a treble, but seen it lose because of just one of your selections? Well, because of the double bet elements, a trixie would still give you some sort of return in this situation. Think of it as a kind of insurance against missing out on a treble.

 

What Can And Can’t You Do With A Trixie Bet?

When you are choosing your selections for this type of bet, you cannot have more than one from a single event. So imagine that you have placed a bet on the correct score of a football match; you can’t then add a second selection to your trixie for the number of cards shown in the same game.

This is because the two selections are interlinked and one can, and often will, impact the outcome of the other. Selections in a trixie must be on completely independent events.

You can, however, have those events in different sports if you wish; there is nothing to say that you have to choose three horse races or three football matches. If you wanted to, you could combine a horse race, a golf tournament and a game of tennis into a trixie.

 

Calculating Returns From A Trixie

When working out how much you can potentially receive back from a successful bet of this type, it is easiest to split things down into the doubles and trebles that constitute a trixie.

So if the odds of your selections are evens (selection A), 2/1 (selection B) and 3/1 (selection C), then you’d calculate the returns as follows.

First, convert your fractional odds into decimal odds (a bookmaker’s website will be able to do this for you) which in our case means odds of 2, 3 and 4.

Then, to calculate the returns for each component of the bet, simply multiply the two odds together and then again by your stake. So, assuming a £1 stake, if A and B both win, but C loses, then you will get returns of 2x3 = 6. You would then have to take off the original stake of £4 to get a profit of £2.

Here is a table with the complete list of outcomes, returns and profits:

 

Outcome

Return

Profit

No horse wins

0

-£4

1 horse wins

0

-£4

A and B win, C loses

£6

£2

A and C win, B loses

£8

£4

B and C win, A loses

£12

£8

A, B and C all win

£50

£46

 

As you can see, if all of the selections win then your returns and profits can be very healthy. This is because each of the doubles will give returns along with the treble.

You can calculate your potential returns and profits using the simple calculator featured in the video on this page. You must have a Google account to use it. Get your copy of the trixie bet calculator by clicking on the link.

Important Information on Gambling

You must be 18+ to gamble and use the offers and betting odds featured

Every new gambling account offer has "Terms & Conditions" that will apply - make sure you read these before opening an account.

See www.gambleaware.org for help and advice on problem gambling.

Please gamble responsibly.

 

Further Reading

  • Learn how to bet on a horse by reading this step-by-step guide and watching the video featured within it.
  • Find out even more about racing, including the big meetings and races, and check out all of today’s races on this page.
  • We have carefully selected who we consider to be the best bookmakers in the UK so check out the list before you open an account.

 

 

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