When placing a sports bet , many people are aware of the format of the standard betting slip. This will outline your selection(s) on your sheet and also display the different types of bets available.

However, what many people don’t realise is that in addition to standard betting, you can also place a different type of bet such as football accumulators and each-ways.

Another such bet is a banker bet. 

What Is A Banker Bet?

A banker bet is a part of a system bet that must succeed, otherwise the entire wager fails. Because of the importance of the banker bet succeeding, the bettor will usually choose their banker bet to be the bet within a system that they feel has the highest probability of success.

Let’s say I have made four selections from a weekend of soccer games in the English Premier League. Looking at the selections, I have decided that Chelsea are the team that I feel are most likely will be successful. As a result, I might decide to make them my football banker bet key selection.

Essentially, Chelsea must win if any of my bets are to stand a chance of success.

Once I have made this selection, different combinations of bets become available with my banker selection.

There are different types of bets I can place based on my banker selection plus the other three selections on the coupon.

I can place three treble bets using the banker selection plus two from three of the other teams selected.  I can also place three double bets using the banker selection plus each of the three other selections. Finally, I can also place one four-team accumulator using the banker selection and all three of the other selections.

All you need to do to place the banker bet is to enter into each of the available bets how much you would wish to stake on each individual bet, remembering that your stake will be multiplied by the number of bets that there are in each section.

Bet365 Banker Bet example

So for example, if I decide to back all the available selections with my banker bet at £10 per selection, then I would pay £10 x 3 for my treble bets, £10 x 3 for my double bets plus £10 x 1 for the four-team accumulator, for a total cost of £70.

Once you have decided which of the bets you want to back, simply enter your wager in the box provided and then click on the yellow Place Bet button. This will then place your bet and the money will be deducted from your account.

Can You Choose More Than One ‘Banker Bet’ Selection?

Yes you certainly can select more than one banker bet from your selections, but be aware that for any of your bets to win, you will need any banker bets you select to be winners.

If just one banker bet fails then all the bets you make will also fail.

For our banker bet example, let’s say I have selected Manchester City alongside Chelsea as my second banker bet. Now that I have selected two bankers, this alters the bets available to me.

I might have two banker bets plus I can pair them with either one of the two remaining selections (1/2 for two separate bets) or both the remaining selections (2/2) in a single four-team acca.

However, seeing as there are only three bets to be made using this method, the total amount for the bets to be paid, for the same £10 stake, would be just £30.

Is It Worth Selecting More Than One Banker In A Bet?

In truth, the answer to this is that it very much depends on your selections.

The first thing to consider is how confident you are in your banker selection(s) hitting. Secondly, you should consider how many selections you have made for your coupon.

As a general rule of thumb, you should only select matches you are confident that your selection will succeed as banker bets. In the example shown above of a four-team coupon, I would generally only select one as a banker bet.

However, if you have an eight or ten team accumulator, then it can be a good idea to have a second, or even a third banker, especially if you want to keep the cost of the total bet down.

Do Banker Bets Offer Good Value For Money And A Better Chance Of Success?

The answer to this depends on how good you are at selecting your banker bets. Using banker bets is a good way to build up a series of doubles, trebles and accas without backing single bets. It is considerably cheaper to back all the possible doubles and trebles using a banker bet than it is to do likewise on a standard bet.

On a standard coupon for example, with four selections you could place 1 four-fold accumulator. This would include 4 trebles and six doubles, which would cost you £110 for the same £10 stake outlined above. With a banker bet, based on one banker and three other selections you’d pay £70 to cover all available bets.

With two bankers, you’d pay £30 to cover all available bets.

The key to success comes from you being able to pick banker bets and the better the odds you can pick your banker bets at, then the better you are going to be paid out should any of the bets you make using this bet come in.

Steps to Place a Banker Bet on Bet365

Step 1: Register and Log In

1. Sign Up or Log In: Ensure you have a Bet365 account. If you don’t have one, register by providing personal details such as name, email, phone number, and creating a username and password.
2. Activate Your Account: Activate your account through the confirmation email sent by Bet365.

Step 2: Deposit Funds

1. Add Funds in UK: Deposit money into your Bet365 account using accepted payment methods like credit/debit cards, PayPal, Skrill, or Neteller.
   Add Funds in Kenya: Deposit money into your Bet365 account using accepted payment methods such as credit/debit cards, Skrill, Neteller, or bank transfers. Note that Bet365 does not accept Mpesa or Airtel Money in Kenya.
2. Select Currency: Bet365 allows transactions in GBP, which is convenient for UK players.

Step 3: Choose Your Selections

1. Select Sports: Navigate to the sports section and choose your preferred sport, such as football, horse racing, or tennis.
2. Add Selections: Add at least three selections to your bet slip. These selections form the basis of your accumulator or system bet.

Step 4: Set Banker Selections

1. Change Bet Type: On your bet slip, switch the bet type to ‘Banker’ using the tab at the top.
2. Select Bankers: Click the ‘B’ button next to the selection(s) you are confident will win. These are your banker selections​.

Step 5: Enter Stake and Confirm

1. Enter Stake: Input the amount you wish to bet for each selection. Unlike regular accumulators, each selection requires an individual stake.
2. Review and Confirm: Double-check your selections and the bankers chosen. Once satisfied, submit your bet slip by clicking ‘Place Bet’​.

Tips for Using Banker Bets Effectively

1. Research Thoroughly: Choose bankers based on thorough research and high confidence in their outcome.
2. Limit Bankers: Keep the number of bankers low to minimize risk.
3. Balance Risk: Use the banker to cover riskier selections, ensuring at least some payout if the banker wins.

Examples of Banker Bets

1. Football Example: If you believe Manchester United will win their next match and are confident about it, make them your banker. Add other matches like Chelsea and Manchester City, but only Manchester United must win for the bet to remain in play.
2. Horse Racing Example: Choose a horse race with multiple runners. Make the most reliable horse your banker, and add other horses as additional selections​.

Conclusion

Banker Bets on Bet365 provide a strategic way to enhance your betting experience by focusing on sure-win selections while allowing flexibility with other picks. By following the steps and tips above, you can effectively use Banker Bets to improve your chances of winning bets, and of course, the more correct guesses you get, including your banker bets, then the more you stand to win.