A patent bet is a type of cover bet where seven bets are placed on three selections. These include three singles, three doubles, and a treble. This betting strategy offers an advantage, as even if two out of three selections do not win, you can still receive a return on your wager.
- Patent bets are a popular way to bet on many sports, including horse racing.
- They consist of seven bets on three selections.
- This improves the probability of a return on a bet.
- Learn how they work fully with our concise guide.
How Does A Patent Bet Work?
When you place a Patent bet, you place seven bets on three different selections. A £2 win-only Patent bet would, therefore, cost £14.
How much you win from a Patent depends on the number of selections that win and the odds of each selection. Because a Patent bet contains single bets, only one of the selections needs to win for a return to be achieved. That return would, however, likely be lower than the initial stake.
The four bets comprise three singles, three doubles and a treble. The diagram below shows a win-only Patent. Bets one, two and three consist of the singles, bets four five and six consist of the doubles, and the seventh bet is the treble.
How To Calculate Winnings On A Patent Bet
Work out your winnings with our Patent Bet Calculator.
Patent Bet Calculator
Enter Bet Details
Each Way
Odds Format
Add Selection Notes
| # | Outcome | Odds | Place Odds | Rule 4 |
|---|---|---|---|---|
|
|
||||
| 1 |
/
|
|||
| Places Offered: | Tied Position: | Number of Runners in Dead Heat: | ||
|
|
||||
| 2 |
/
|
|||
| Places Offered: | Tied Position: | Number of Runners in Dead Heat: | ||
|
|
||||
| 3 |
/
|
|||
| Places Offered: | Tied Position: | Number of Runners in Dead Heat: | ||
Summary (Updated Automatically)
Stake Type
Stake
Total Outlay
Total Return
Total Profit
Why Make A Patent Bet?
If you place an accumulator, you require every single selection to come in to win the bet. With a Patent, it is a little different as you can still get a return on your bet even if one of the selections don’t come in. Therefore one key advantage of the Patent bet is that it provides a better chance of a return. It is much like insurance on an accumulator.
The disadvantage of a Patent bet is that it does require a higher stake with it having seven bets. The trade-off of increased probability of winning is that the returns are likely to be lower.
Is It Possible To Do An Each Way Patent Bet?
Yes. To know on which odds you could place a Bet, come check out our selection of UK betting sites. An each-way Patent bet consists of fourteen bets. Seven of the bets are to win, as above in the image. Seven extra bets in an each way are for the selections to place. We have another article that explains how each way bets work in more detail.
For example, if you were to place a patent bet on bet365, the below is how it would work. First, pick the three horses you think will do well:
Once you’ve picked the three horses we can then go to the betting slip and pick patent bet. Keep in mind that there are multiple bets and the amount you bet will be x14.
On the selection, you can ticket the EW box which will mean it’s an each-way bet.
What Is The Difference Between A Patent Bet And A Trixie?
A Trixie bet also feature three selections, but there is one key difference. A Patent has seven bets. A Trixie bet only has four. A Trixie has three fewer bets in it. This is because while it contains all the doubles and the treble of a patent, it does not have any of the singles. That means that if only one of the three selections wins in a Trixie, there are no returns on the bet. So Patent bets are more likely to provide a return, but that is at the expense of a higher stake.
Summary
A Patent bet consists of seven bets over three different selections. It has three singles, three doubles, and a treble. It is a popular way to bet because, with the singles, it has a much higher chance of providing a return versus a traditional accumulator.
More Reading
- Lucky 15 calculator – Enter the details of your Lucky 15 bet and find out your potential return.
- Bet365 bonus codes – Find all the latest bet365 bonus codes and free bets.