What is a Treble Bet? A Simple Explanation to How They Work
There are a lot of betting terms and phrases. It can be difficult for even experienced bettors to know all of them. A treble bet is one of these phrases, which is why we’ve created this treble betting explanation to help you out. We also have a treble bet calculator and will explain everything in a straightforward manner.
- Treble Betting Explanation: What Is a Treble Bet and How to Treble Bet
- Example of How to Use a Treble Bet
- How to Calculate Winnings
- Does a Treble Bet Have Any Significant Advantages I Should Know of?
- Does Treble Betting Imply Any Risks? Are There Any Disadvantages?
- A Treble Bet Calculator: What is it and How Can I Make the Most of it?
- A Treble Bet FAQ: We Answer Most Common Questions about This Bet
Treble Betting Explanation: What Is a Treble Bet and How to Treble Bet
Let’s kick it off with the most important issue first and give you a treble betting explanation. You are probably familiar with single bets. Well, a treble is actually an accumulator consisting of three singles. It’s as simple as that!
If your first treble selection wins, all your returns then go to the second leg and become the stake. Then if this second leg wins, too, all these returns now become the stake for the third leg.
What this means is that if all three legs win, your returns as a result multiply. As the odds multiply then so do the potential returns which is why so many punters use treble bets and other accumulators.
To know on which odds you could place a Treble Bet, come check out our selection of the best betting sites.
Example of How to Use a Treble Bet
Let’s use an example of a treble bet to make this explanation easier. Say you want to place a treble bet on the following selections in the following football matches at these odds:
- Match 1: Arsenal to beat Fulham at 3/5
- Match 2: Manchester City to beat Tottenham at 5/4
- Match 3: Chelsea to beat Burnley 1/3
To get the odds for your treble, you’ll have to multiply all three sets of odds together. 3/5 and 5/4 and 1/3 combined is equalled to 19/5. If all three of your selections are correct, then a £10 bet would see a total return of £48 and £38 profit. If any of your three selections are wrong, then your treble bet won’t win and you lose your £10 stake.
How to Calculate Winnings
Work out your winnings with our Treble Bet Calculator.
Does a Treble Bet Have Any Significant Advantages I Should Know of?
As with any bet, there are advantages to a treble. The most obvious one is that it can potentially bring you significant profits in relation to a relatively low stake. Let’s provide an example that will clarify this treble betting explanation.
Let’s say that we want to place a bet on a horse racing event. We have selected three horses that will run in three different races. We believe that all of them will be winners in their respective races. Their assigned odds are the following: 8/1, 9/4, and 5/2, respectively.
To place a treble, all that we need to do now is select the stake. We have decided to wager £10 on each selection, meaning £30 in total. Should all our selections win, our returns would amount to £1,023.75. This means that our profit would be £993.75.
As you can see, for a relatively modest stake, the profit can be quite substantial. Of course, all three horses that we have selected need to win in their respective races.
Does Treble Betting Imply Any Risks? Are There Any Disadvantages?
There are some disadvantages. As you can see from our treble betting explanation, if you want to have a successful treble bet, you need all three of your selections to win. This means that if the first and the second one win, for example, but then the last one fails to do so, you will have lost your stake.
This is why it’s always a good idea to do a little research first. Before you place your treble, take the time to take a look at the markets, favourites, and underdogs. Their past performance also plays a significant role, so take that into account, too.
A Treble Bet Calculator: What is it and How Can I Make the Most of it?
If you are worried that you might make a mistake calculating your possible treble bet returns, we will put your mind at ease. A treble bet calculator is a handy tool that does this calculation in your place. All you need to do is enter the amount you want to stake. Then, you provide the assigned odds of your three selections. And that’s it. When you click the “Calculate” button, you are presented with your possible returns and profits.
A Treble Bet FAQ: We Answer Most Common Questions about This Bet
At the very end of our article, we’ve answered a few usual questions regarding treble bets. Make sure to take a look if you need an additional treble bet explanation.
What is a Treble Bet?
Here’s the simplest treble betting explanation. This is an accumulator bet that is made up of three selections. There are two conditions, though. These selections need to come from three different events. Also, all selections need to win for a treble to come through.
Which Sports Can I Place a Treble Bet on?
Now that you know how to treble bet, you can place a treble on a number of different sports. We should note, though, that they seem to be most common when it comes to wagering on football and horse racing. However, many punters like placing trebles on rugby or tennis, for example.
What Bookmakers Offer this Type of Bet?
All the major online bookmakers offer this bet type as it is pretty popular among punters. If you are eager to try treble betting, make sure to check whether your operator of choice has it available first.
Can you use cash out with treble bets?
Yes. Cash out is a good option to have at disposal when placing trebles. For instance, if your first two selections win, the likelihood is that the cash out value will be more than your initial stake, so you can take a profit rather than risking the final selection. Of course, the amount you win is reduced but it’s a wise play in some scenarios.