Bet Types
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Betting systems
Do you know how to use systems? Systems are made for covering bets in all or almost all possible outcomes. With systems you can lose a selection or too and in the end still win money. Here are some widely used systems and their explanations:
Canadian
Also known as a Super Yankee. This is made up of 26 bets, so the overall cost will be 26 times you're stake. It consists of:
10 doubles,
10 trebles,
5 four-folds,
1 accumulator.
Two successful selections are needed to guarantee a return.
Each-Way
This is two bets combined so the overall cost will be two times you're stake. It involves one bet for your selection to win and one for it to achieve a place. The place odds are determined by the individual conditions of each event. A 5$ each-way bet will cost 10$ in total. Example:
An Each-Way bet on Chelsea to win the premiership would involve one bet on them to win it and one bet on them to finish in the top 3.
Fold
Using fold bets is a good way to ensure a return in an accumulator even if not all of your selections wins. When preceded by a number, a fold indicates the number of selections in an accumulator. An 8-Fold would be an accumulator with 8 selections. Example:
If you choose 5 selections, you can place a three fold bet which means that if only three of your selections wins you can still expect a return. The way it works is that it effectively bets on every combination of three teams winning so therefore you are actually placing ten separate bets involving all possibilities of three teams winning, therefore the overall cost of the bet will be ten times your stake. Then, the more of your selections that win, the higher the return.
Goliath
This is made up of 247 bets involving 8 selections:
28 doubles,
56 trebles,
70 four-folds,
56 five-folds,
28 six-folds,
8 seven-folds,
1 accumulator.
Two selections must come off for a return.
Heinz
This is made up of 57 bets involving 6 selections:
15 doubles,
20 trebles,
15 four-folds,
6 five-folds,
1 accumulator.
Two selections must come off for a return.
Yankee
This is made up of 11 bets involving 4 selections:
6 doubles,
4 trebles,
1 accumulator.
Two successful selections are needed to guarantee a return.
Patent
7 bets comprising 3 selections:
3 singles,
3 doubles,
1 treble.
One successful selection is needed to guarantee a return.
Trixie
A Trixie is a multiple bet consisting of 4 bets with 3 selections. The bet breakdown is 3 doubles and 1 treble.
This is just a short overview of most widely used betting systems.
Other BW's articles:
- Betting glossary
- Soccer specific betting tips and advice on match analysis
- Math and Money Management
- Bet Types and Bet Systems
- Top ten ways to lose against sports!
