What Is a Lucky 15 Bet & How To Work It Out?

With sports betting becoming increasingly popular and accessible, many punters are on the lookout for betting strategies that can potentially increase their chances of seeing a return.

One such strategy is the Lucky 15 bet. Here at Wizard Slots, we explain what a Lucky 15 bet is, how it works, and how to calculate potential returns.

What Is a Lucky 15 Bet?

A Lucky 15 bet is a multiple wager made up of 15 individual bets across four different selections. This bet type is particularly favoured among horse racing enthusiasts, but it can also be applied to other sports like football.

The 15 bets consist of four singles, six doubles, four trebles, and a four-fold accumulator.

The potential advantage of a Lucky 15 bet over a traditional accumulator is that it offers a level of insurance. In an accumulator, all selections must be successful for you to see a return. However, with a Lucky 15, you can still see a return even if one or more of your selections do not win.

Lucky 15 Each Way Bet Explained

An Each Way Lucky 15 bet is an extension of the standard Lucky 15 bet and is best suited to horse racing. This type of bet includes the 15 standard bets of a Lucky 15, with an additional 15 bets for the 'place' part of the each-way bets.

This means that an Each Way Lucky 15 consists of a total of 30 bets. It can potentially provide a return even if your selections do not win, but finish in the placings.

How Many Bets Are There In a Lucky 15?

As the name suggests, a Lucky 15 bet consists of 15 individual bets. These bets are spread across four selections and come in the form of:

• 4 singles
• 6 doubles
• 4 trebles
• 1 four-fold accumulator

How To Work Out a Lucky 15

Calculating the potential return from a Lucky 15 bet can be somewhat complex due to its multifaceted nature. Here's a simple breakdown of how to calculate potential returns:

• Single Bets: Multiply your stake by the decimal odds to calculate the return (including stake).
• Double Bets: Multiply the odds of the two selections together, then multiply this by your stake to calculate the possible return (including stake).
• Treble Bets: Multiply the odds of the three selections together, then multiply this by your stake to calculate the potential return (including stake).
• Four-fold Accumulator: Multiply the odds of the four selections together, then multiply this by your stake to calculate the potential return (including stake).

By adding together the returns from each of these calculations, you can determine the total potential return from your Lucky 15 bet.

Lucky 15 vs Accumulator

The main difference between a Lucky 15 bet and an accumulator is the potential for a return. In an accumulator, all selections must be successful for you to see a return. However, with a Lucky 15, you may still see a return even if only one of your selections is successful.

While an accumulator potentially offers a higher return if all selections are successful, the risk is also higher. A Lucky 15 bet, on the other hand, has a more balanced ratio, making it a popular choice among many punters.

Is Lucky 15 a Good Bet?

Whether a Lucky 15 is a good bet or not depends on your individual betting strategy. It offers more ways to win compared to a standard accumulator, but the potential payouts are also typically lower.

Lucky 15 FAQs

What Happens If a Horse Is Withdrawn From a Lucky 15?

If a horse is withdrawn from a Lucky 15 bet, that selection is treated as a non-runner. Your bet will continue with the remaining selections.

How Many Horses Are In a Lucky 15?

A Lucky 15 bet involves four selections. These can be horses, football teams, or selections from any other sport.

How Much Is a 50p Each Way Lucky 15?

A 50p Each Way Lucky 15 bet would cost you £15. This is because an Each Way Lucky 15 is made up of 30 individual bets, and at 50p per bet, that comes to £15, respectively.

What’s The Difference Between a Yankee Bet & a Lucky 15?

The key difference between a Yankee bet and a Lucky 15 bet is that a Yankee does not include singles. A Yankee consists of 11 bets across four selections (6 doubles, 4 trebles, and a four-fold accumulator), while a Lucky 15 includes an additional 4 single bets.

In conclusion, a Lucky 15 bet offers a potentially balanced approach to betting, providing more possibilities to win compared to a traditional accumulator. Whether this is the right bet for you will depend on your individual betting strategy and personal preference.