by job on 03.04.2024

What is a Trixie Bet?

In sports betting, exploring various betting strategies can add layers of excitement and potential profit to your experience. One such strategy gaining popularity among punters is the Trixie bet. But what is a Trixie bet, and how does it work?

A Trixie Bet is one of the most placed bets in the UK and it’s really easy to understand. It’s a bet on 3 different Sports Events and with the right outcome you can win money! In the article below we will explain a little bit better how the Trixie Bet works and we will give you an example of a Trixie Bet.

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Understanding the Trixie Bet

A Trixie bet is a multiple bet consisting of three selections. These selections are combined to create four separate bets: three doubles and a treble. This betting option is a form of full coverage bet, meaning it offers a degree of protection by ensuring that if one selection fails, there are still opportunities for a return on investment.

How Does it Work?

What-is-a-Trixie-Bet

To place a Trixie bet, punters select three different outcomes across various events or markets. Once the selections are made, the bettor places a stake, which is then divided equally across the four bets within the Trixie.

Here’s a breakdown of the bets within a Trixie:

  • Three Doubles: In a Trixie, there are three possible double combinations formed from the three selections. If two of the selections win, the bettor receives a return based on the odds of those two winning outcomes.
  • One Treble: The fourth part of the Trixie is a treble, combining all three selections. If all three selections win, the bettor receives a return based on the combined odds of the three winning outcomes.

Example of a Trixie Bet

Now it’s time to give you a good example of a Trixie Bet and how it exactly work. In this example we will use the sport Football, but you can use this type of betting at almost every sport. Let’s say you’re interested in betting on the following three Football Matches:

  • Ajax vs. Feyenoord
  • Man. United vs. Man. City
  • Inter Milan vs. Ac Milan

Now, let’s assume you’re placing a Trixie Bet on the outcomes of these matches. In our example we betted on the following outcome: Ajax Win, Man. City Win and Inter Milan Win. Here’s how it would work:

  • Double 1: This combines the outcomes of Match 1 and Match 2. So, you have a double on Ajax winning and Man. City winning.
  • Double 2: This combines the outcomes of Match 1 and Match 3. You have a double on Ajax winning and Inter Milan winning.
  • Double 3: This combines the outcomes of Match 2 and Match 3. You have a double on Man. City winning and Inter Milan winning.
  • Treble: This combines the outcomes of all three matches. You have a treble on Ajax winning in Match 1, Man. City winning in Match 2, and Inter Milan winning in Match 3.

Similarly to the horse racing example, if your selected teams win their respective matches, you win all four bets. If one or more of your selections lose, you may still win some of the bets, depending on which selections were correct. This structure allows for potential profit even if not all selections win, while offering the chance for significant returns if all selections are successful.

Calculate your Winnings

Let’s say your bets are as follows:

£10 on each double, totaling £30.

£10 on the treble, totaling £10.

If Ajax, Man. City and Inter Milan all win their match, you win all four bets. If, however, one of your selections loses, you would lose that particular bet, but the others could still win. Let’s have a look at the outcome of the bets when all teams win. In this example we use a 2.00 odd for all the winnings teams.

  • Double 1 (Ajax & Man. City) – Win 2.00 x 2.00 x £10 = £40
  • Double 2 (Ajax & Inter Milan) – Win 2.00 x 2.00 x £10 = £40
  • Double 3 (Man. City & Inter Milan) – Win 2.00 x 2.00 x £10 = £40
  • Treble (All teams win) – Win 2.00 x 2.00 x 2.00 x £10 = £80

The total winnings in this example are £200, which is a £160 profit with a £40 bet! But it’s also possible that only one team doesn’t win their match. In that case you can still earn some money! Let’s have a look at the winnings when only Inter Milan loses their match:

  • Double 1 (Ajax & Man. City) – Win 2.00 x 2.00 x £10 = £40
  • Double 2 (Ajax & Inter Milan) – Lose
  • Double 3 (Man. City & Inter Milan) – Lose
  • Treble (All teams win) – Lose

In this example you won’t lose any money with these odds and a Trixie Bet, because you betted a total of £40 and your return is also £40.

This type of bet allows for potential profit even if not all selections win, which can be appealing to bettors who want to spread their risk while still having the opportunity for significant returns if all selections are successful.

Advantages of a Trixie Bet

A Trixie Bet isn’t just a simple bet that increases your winnings. There are a lot more advantages that come with a Trixie. Below we will highlight some of the benefits we’ve experienced while placing a Trixie Bet.

  • Increased Chance of Winning: With four bets covering three selections, a Trixie offers a higher chance of at least one winning bet compared to a single bet.
  • Risk Management: Even if one selection fails to win, there’s still the possibility of returns from the remaining winning bets, providing a level of insurance against losses.
  • Potential for Higher Returns: If all three selections win, the treble component of the Trixie can result in a substantial payout, especially if the selections have relatively high odds.

Tips for Placing a Trixie Bet

We have years of experience in the online casino business, but also with sports betting. In the past couple of years we have placed a huge amount of Trixie Bets and that’s why we want to give you some tips. There are a lot of factors that can influence your bet, but with these tips the chances of winning are the highest.

  • Diversify Your Selections: Choose selections from different events or markets to spread the risk and maximize the potential for returns.
  • Consider Odds Carefully: While higher odds offer the potential for greater returns, ensure a balance between risk and reward by assessing the likelihood of each selection winning.
  • Bankroll Management: As with any form of betting, it’s essential to manage your bankroll responsibly and only stake what you can afford to lose.

In conclusion, a Trixie bet can be an enticing option for punters seeking to enhance their betting experience. By understanding how it works and implementing sound betting strategies, punters can unlock the potential for both excitement and profit in their wagering endeavours. So, why not consider adding a Trixie bet to your arsenal the next time you’re exploring the world of sports betting?

Frequently Asked Questions (FAQs)

  • What is a Trixie Bet?

    A Trixie Bet is an easy tool to split your chances between 3 different events. You pick 3 different events and you bet on all the Doubles and the Treble. So, if one team loses you don’t lose all your money!

  • With a Trixie Bet you place a total of 4 bets. There are 3 Doubles and 1 Treble. This also means that you can still win a Double if one team loses. That’s the power of a Trixie Bet!

  • A Trixie Bet can be placed at every Football Sportsbook in the UK. It’s a betting options that is so standard and popular that literally every sportsbook offer you the Trixie Bet option.

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