What Is A Lucky 15 Bet? A Simple Explanation
Last Updated on March 27, 2024
By Jacob Potter 
A Lucky 15 consists of 15 bets involving 4 selections in different events. The bet includes 4 singles, 6 doubles, 4 trebles, and 1 four-fold. If only one selection wins, as a consolation, returns are paid at treble the odds. If all four selections win, a bonus of 20% is added to total returns.
- Lucky 15 bets are a popular way to bet on many sports, including horse racing
- They consist of 15 bets (hence the name) spread across four selections
- This improves the probability of a return on a bet
- Try out a Lucky 15 bet at one of the UK’s leading football betting sites
How Does A Lucky 15 Work?
When you place a Lucky 15 bet, you are placing 15 bets on four different selections. A £1 win-only Lucky 15 bet would, therefore, cost a total of £15.
The amount won from a Lucky 15 bet depends on the number of selections that win – and the odds of each one. Because a Lucky 15 bet contains single bets, only one win from the four selections is required for a return on the bet. It is highly unlikely that if only one selection wins, the original stake is covered.
The 15 bets consist of four singles, six doubles four trebles and a fourfold accumulator. The diagram below shows a win-only Lucky 15 bet and each of the bets within it. Bets 1 to 4 consist of singles. Bets 5 to 10 consist of the doubles. Bets 10 to 14 consist of the trebles. The final 15th bet is the accumulator.
How To Work Out A Lucky 15
These kinds of multiple bets can sometimes seem very complicated. That’s why we designed our own Lucky 15 bet calculator. So you can work out your potential winnings.
Lucky 15 Bet Calculator
Enter Bet Details
EACH WAY
Odds Format
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Enter Bookmaker Bonuses
All Winners Bonus %
One Winner Consolation
Summary (Updated Automatically)
Stake Type
Stake
Total Outlay
Total Return
Total Profit
Lucky 15 Bet Calculator Step-by-Step Guide
Let’s use the Lucky 15 calculator to work out the winnings of a bet. We won’t be betting each way, although you can add that to your calculations here if required.
- Choose which odds format you are using
- Select the outcomes of the four races – and the odds of your horse
- Confirm whether there are any bookmaker bonuses attributed to this bet
- Choose whether your stake is per bet or combined – and what that stake is
- Your total outlay, return and profit will automatically be calculated
As an example, if you had chosen your horses at 1/1, 1/1, 5/2 and 10/1 and they had all won on a £1 per bet stake your total outlay would be £14, your total return would be £485 and your total profit would be £470.
If all the details were the same but your 10/1 horse lost your total outlay would still be £15, but your total returns would be £39.50 and your total profit would be £24.50.
How To Place A Lucky 15 Bet On bet365
- Click here to be directed to the operator’s site.
- If you’re searching for a bet365 Lucky 15 bonus, this is currently not available. But you can search for more on our bet365 bonus code page.
- Log into your bet365 account with the username and password you signed up with.
- For this example, we’ll be placing a horse racing Lucky 15 bet, so we’ll click on the horse racing heading from the left-hand side menu.
- We’ll choose four selections from different races by adding them to our betslip.
- Click the ‘Select More Multiples’ option at the bottom of the betslip.
- In the Lucky 15 box, choose how much you want to stake. Remember that it’s 15 different bets, so whatever stake you type into this box, it’ll be multiplied by 15.
- Click the ‘Place Bets’ option when you’re ready, and you will have placed a Lucky 15 bet with bet365.
How To Place A Lucky 15 Bet On Betfred
- Head to the operator’s homepage. But before you do, try out the Betfred bonus code to get free bets when you sign up.
- Log into your Betfred account with the username and password you originally signed up with.
- For this example, we’ll be placing a horse racing Lucky 15 bet, so we’ll click on the horse racing heading from the left-hand side menu.
- We’ll choose four selections from different races by adding them to our bet slip.
- In the Lucky 15 box on the betslip (right-hand side of the screen), choose how much you want to stake. Remember that it’s 15 different bets, so whatever stake you type into this box, it’ll be multiplied by 15.
- Click the ‘Place Bet’ option when you’re ready, and you will have placed a Lucky 15 bet with Betfred.
How To Place A Lucky 15 Bet On Sky Bet
- Head over to Sky Bet using a Sky Bet promo code
- Log into your Sky Bet account with the username and password you signed up with.
- For this example, we’ll be placing a horse racing Lucky 15 bet, so we’ll click on the horse racing heading from the left-hand side of the screen.
- We’ll choose four selections from different races by adding them to our bet slip.
- Click the ‘Show All Multiples’ button at the top of the betslip, which is where you’ll find the Lucky 15 option.
- In the Lucky 15 box (right-hand side of the screen when you scroll down on the betslip), choose how much you want to stake. Remember that it’s 15 different bets, so whatever stake you type into this box, it’ll be multiplied by 15.
- Click the ‘Place Bets’ option when you’re ready, and you will have placed a Lucky 15 bet with Sky Bet.
What Are The Advantages Of Making A Lucky 15 Bet?
A benefit of the Lucky 15 is that it vastly diversifies the risk of one selection losing within a multiple bet. A traditional accumulator is lost when just one selection doesn’t win. If you’re more confident the majority of your selections will win, then a Lucky 15 will increase your chances of a positive return on your stake. Plus with the four single bets, an advantage is that it is a higher stake, higher reward bet.
From a different perspective, the disadvantage of a Lucky 15 bet is the stake required. With 15 bets, the cost of placing a Lucky 15 can be very high. You need to consider if the increased chance of winning is worth this higher stake.
Is It Possible To Place An Each Way Lucky 15?
Yes. Each way Lucky 15 bets consist of 30 bets. Half of the bets are to win, as above in the image. The 15 extra bets in each way bets are for the selections to place.
We have another article that explains how each way bets work in more detail.
For example, we did a Lucky 15 Each Way bet on Fitzdares which can be seen below:
What Is The Difference Between A Lucky 15 And A Yankee?
Yankee bets also feature four selections, but there is a key difference that might be quite easy to work out! A Lucky 15 has 15 bets. In contrast, a Yankee has 11.
A Lucky 15 bet includes all the 11 bets in the image above but features an additional four bets. These four additional bets are four singles, one for each of the selections. This will increase the size of the stake, but also increases the size of the return if all four were to win.
Lucky 15 Betting Offers
There are a lot of betting sites that offer boosts or bonuses for punters choosing a Lucky 15 bet. We’ll run through some of the best that you can take advantage of, especially if you like to do them regularly.
Fitzdares
This Fitzdares offer is for several multi bets including the Lucky 15, 31 and 63. To take part, simply opt into the offer and you’ll then be able to receive up to 25% bonus winnings. The bonus on the Lucky 15 is a little lower at a 10% bonus on profit added to your winnings if all 4 selections win.
Betfred
The Betfred offer is a little different to Fitzdares and something we’re more keen to take advantage of.
For example, on the Fitzdares offer you’ll need to get a few winners to receive the bonus. With Betfred, it’s more of an insurance. If you only get one winner in your Lucky 15 bet, then you’ll get 3, 4 or 5 times the odds of your winning selection. It works with the following:
- 5 x the Odds on Lucky 63s
- 4 x the Odds on Lucky 31s
- 3 x the Odds on Lucky 15s
The offer is available to both new and existing customers and is a no-brainer if you do regular bets such as these. Find out more on our page for the Betfred bonus code.
