Trixie Bets Explained

How It Works

To better understand this quartet of permutations, let's consider three selections named A, B, and C which together will give us our 3 x doubles and 1 x treble bet.

As we can see, two different types of bets will be placed within the parameters of the Trixie, and these are how the permutations will play out:

• Doubles: In a Trixie Bet, three doubles are formed by combining every possible pair of the three selections. These pairs are AB, AC, and BC
• Trebles: One treble by selecting all three choices – as simple as ABC.

Four bets are placed, and if any two selections are correct, it will guarantee at least one winning combination. Of course, with a quartet of different bets being placed, the Trixie will multiply your stake four times over.

This means you will have to determine how many wins are needed for the bet to be profitable. This can be a rather tricky task, but our Trixie calculator is on hand to help do the sums for you.

Two Or More

Ultimately, if two of your selections are correct, you will earn some return on your original outlay. Pick three winners, and each of your doubles over the line. Add the treble you have also placed, and the winnings will stack up.

Like any wager that offers a combination of factors, a lot will depend on the odds of your initial selections. If all your choices are short in terms of price, then it is likely that there will be no margin for error when it comes to profitability.

However, if you are prepared to be brave regarding your betting slip selections, it will not only absorb one choice not coming good, but it can also maximise your winnings if everything is declared a winner.

Let’s assume you fancy a day at the races and have your eye on three horses. They are originally named Horse A, Horse B, and Horse C. Now, with these on your betting slip, let us look at the maths behind it.

Examples

Here's how the winnings would be calculated, assuming a £1 stake per bet (total stake of £4 since there are four bets:

Three Doubles:

• Horse A and Horse B win: £1 stake * ((2/1 odds + 1) * (3/1 odds + 1)) = £11 (profit) + £1 (stake) = £12 total
• Horse A and Horse C win: £1 stake * ((2/1 odds + 1) * (4/1 odds + 1)) = £14 (profit) + £1 (stake) = £15 total
• Horse B and Horse C win: £1 stake * ((3/1 odds + 1) * (4/1 odds + 1)) = £19 (profit) + £1 (stake) = £20 total

One Treble:

• Treble (ABC): £1 stake * ((2/1) * (3/1) * (4/1) + 1) = £59 (profit) + £1 (stake) = £60 total

Should all three of your horses be first past the post, all four bets will be declared winners and a total return of £107 would be yours. The profit would then be the total return minus the initial stake of £4 equating to a £103 profit.

With these odds, even one double would have gotten us over the line regarding profitability. However, this is all dependent on the prices of your Trixie selections. A single, or double winner is not guaranteed to be in the money.

How To Place A Trixie Bet with Bet365

1. Select the relevant sport you want to bet on. For this example, we have selected darts.

2. Then, select the three darts outcomes for your betting slip. Once they are selected, the bet will first be set up as a treble. Press the ‘Show More Multiples’ arrow to unlock all the other available bets.

3. Then select the Trixie option before adding your stake amount. Now, you are ready to place your Trixie.

Reasons for making a Trixie Bet

Now that we have explained a Trixie bet, here are three reasons why you would place one:

• Managing Risk: Like any other combination betting strategy, it offers the ability to generate profit without requiring every selection to be a winner. For example, if you placed a double or a treble in isolation, there is no margin for losing outcomes.
• Higher Returns: A Trixie bet is undoubtedly an interesting proposition, as it offers a neat balance between risk and reward. The combination of bets mitigates the risk, the reward can be big if the odds start at more than Evens each time.
• Strategy Variance: Any good better will tell you that variety is the key to long-term profitability. Instead of placing doubles and trebles and going all in, the Trixie and many other variants allow you the ability to mix things up.

Due to their only being four separate bets in a Trixie, it does mean that the stake per bet can be higher than some of the bigger combination bets. For example, a Super Heinz offers 120 different bets, but the stake is usually much smaller.

Therefore, punters are prepared to stake more per line when it comes to a Trixie as they look to boost their winnings. Of course, there is no set stake that you have to place, and you should always place an amount of money that you are comfortable with.

As always, we must highlight that no single betting type is flawless, and although there may be plenty of reasons to place a Trixie, there are also some counterpoints to consider. And with this in mind, we are going to look at the main benefits and drawbacks.

Conclusion

For those who are just getting started in the world of sports betting, the Trixie bet can be considered a great entry point. The perfect balance between risk and reward is a method that has been tried and tested over the years and one that seasoned veterans will use with a great amount of regularity.