What is a lucky 15 bet? Meaning & calculator28th July 2017 / lee
You have probably heard the betting term Lucky 15, even if you have never played one before or even have the remotest idea of what it is. By the name of it, it sounds as if you need to be lucky with 15 different selections, but it’s not quite that. In fact, if you were lucky enough to land 15 selections in a single bet then you would be getting a place in the betting hall of fame. So what does Lucky 15 mean in betting? Well, it is essentially 15 different bets, hence the name, but this comes from just four selections.
A Lucky 15 bet is a type of multiple bet. From just four selections, the bet will automatically build 15 bets from those selections. So let’s say you are looking forward to the next round of UEFA Champions League matches and you fancy Bayern Munich, Atletico Madrid, Chelsea and Feyenoord all to win their matches. That is the four single selections that you have picked out along with all the combinations of doubles and trebles, plus a fourfold accumulator that can be built from those selections.
How does a lucky 15 bet work?
OK, so you head to your favourite bookmaker Bet356 and make your four selections by adding them to your betting slip and then you select a Lucky 15 option. What you are building for yourself, even though this is done automatically, is this:
1 Fourfold Accumulator
That is all the possible combinations of multiple bets that you can make from four selections (plus the singles). The important thing in this one is that the single bets are included in the wager. If they weren’t then you would be betting a Yankee instead (a wager of four selections with all the multiples and no singles). So the Lucky 15 is a full cover bet and obviously, you only need one of the singles to come up to gain some kind of return. Remember though that because you are placing 15 bets, you are making 15x your initial wager. So what this means is that if you are placing a £1 Lucky 15, your initial stake is going to £15 (1 for each of the 15 bets).
So you need to take that into consideration about your returns. Obviously, the more selections that you can land in your bet, the more your chances increase of covering your stage. Two winning selections of the four, for example, gives you two single wins and one double win and then the returns will start to stack up. Again, just check the risk of your stake against what you would get back if just the lowest price option of your four selections were to win. Would you be happy enough with that? The worst case scenario, of course, is not having any of the legs win, but if you are selecting favourites, the odds can really stack up.
Let’s say you had four selections of 4/5, 10/11, 2/5 and 4/7, all heavy odds-on odds and all of them won off a £1 Lucky 15 (a 15 stake). That would be a £34.27 profit. But it’s easier to get to that than sticking a huge wedge of money on one odds-on favourite to try and get that kind of return (just for example you would need a £28 stake at 4/5 to win around the same return – a higher risk).
Because landing all four selections isn’t the easiest thing in the world, bookmakers will generally offer you a little extra if you manage to land a Lucky 15. What you will find at a lot of bookmakers is that they will give you a 10% win bonus on top of a fully successful Lucky 15, enhancing the ‘Lucky’ portion of the name for this type of bet. So in summary, just remember that you are staking fifteen times with however much your initial stake is in this type of bet.
If you aren’t quite sure of what you get back the easiest thing is just to use a Lucky 15 calculator to fully assess the risk and reward of your wager.
Lucky 15 Bet Calculator
The tip is based on the personal opinion of the author. No success is guaranteed. Please gamble responsibly. 18+
* All mentioned odds were valid at the time of writing. Betting odds are subject to fluctuations. Please check the current odds with the respective bookmaker!
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