If you have just come across the term “Trixie” when looking through the betting options available on Bet365 Sport and you are from the United States, then you’ll need to ignore the somewhat unfortunate colloquialism that this word evokes.
Happily, for most others, a Trixie is simply the first type of Full Cover bet you can place at Bet365 Sport.
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A Full Cover Bet is a bet where the punter covers all the possible multiple combinations of bet (apart from single bets on each individual selection).
The big advantage of a Full Cover Bet over an accumulator, for example, is that with a Full Cover Bet, one of your selections can lose, and you will still generate a return if the other two selections win. However, there is no guarantee that the return in this instance will cover the cost of placing the bet.
Whether you get your stake money back, less than that, or more, would depend on the odds of the two winning selections.
As the name suggests given its prefix, a Trixie is a Full Cover bet that consists of three separate selections and as a result, there are four individual bets..
Let’s assume that a punter makes three selections on their Bet365 slip – Selections A, B and C.
One of the betting options they have is to place a Trixie Bet which consists of the following trio of bets:
When a Trixie Bet is placed, you state what the Unit Stake you would like to place on each of the four bets outlined above will be.
For example, our punter wanted to place a £5 Unit Stake on this bet. His stake would therefore be calculated as:
Therefore the cost of this bet with a £5 unit stake is £20. That ratio of four times your unit stake to place a Trixie is applicable regardless of what unit stake you make. So if you have a £1 unit stake, it would be a £4 total bet, a £100 Unit stake is a £400 total bet.
You can see how the bet slip looks from bet365 Sport when making a Trixie bet on the three selections above.
Explaining how multiple bets are calculated can be confusing for punters, so we will keep these examples simple by using easy to follow examples.
Let’s say that our punter Jim decides to place a Trixie Bet on the three selections we outlined above.
He then places a Unit Stake of £5 on his Trixie Bet meaning that his bet costs a total of £20
As a Trixie bet only backs Doubles or a treble accumulator, in this case if no selections win, or just one of Jim’s selections win, then Jim will not receive any money back from his bet. All of his individual bets comprising the Trixie will lose.
In this scenario, Jim’s bet would generate a return, but how much he would receive back would depend on which two of his three selections win.
If selections 1 and 3 win and selection 2 loses then Jim would win £60.37 (£40.37 profit) or
But if selections 2 and 3 win and selection 1 loses he would win £36.75 (£16.75 profit).
However, if Selections 1 and 2 win, these are higher odds selections on the bet slip at 19/4 and 5/2. In this case, Jim would win £100.62 (£80.62 profit).
What this shows is that with longer odds selections, even if just one of your four bets comprising your Trixie wins, then you can still make a profit on the wager!
The best case scenario for any Trixie Bet is for all your three selections to win as it means all four of your bets will come up and as a result, your winnings will increase markedly.
In this case, with Jim predicting all three outcomes correctly, he would win all four of his bets. Generating returns of £36.75 + £60.37 + £100.62 for the double bets and then an added £211.31 for the three-selection treble bet winning.
That would ensure a total return of £409.05 from a £20 stake (£389.05 profit).
There are a couple of other three-selection bets you can place that are similar to a Trixie Bet.
A Treble is an accumulator bet that is covered in a Trixie as one of the four betting options. For a Treble bet to win all three selections must win.
However, this is a single-line bet, so placing a Treble is only a quarter of the cost of placing a Trixie bet at the same unit stake.
On the same selections from Jim’s bet above a successful £1 acca bet on three horses of 10/1, 10/1 and 5/1 would pay out £726 in total (£725 profit).
Another option, which is more expensive than a Trixie bet is called a Patent. This is a Full Cover Bet with singles added. This essentially means that you cover the same four bets as you would in a Trixie Bet, but you would also then place three single unit stake bets on each of the selections as a single runner.
So a Patent bet would cover
As such, a Patent bet consists of seven bets and if your unit stake was £1, then to place a Patent bet would cost £7.
The big difference with a Patent bet compared to a Trixie is that you receive a payout if just one of your selections wins as well as if two or all three win. Whether a single winner from your three selections will cover the cost of the initial bet is dependent upon the odds of the winning selection.
For some selections, such as on horse racing as outlined above, you can also place an Each Way Trixie Bet. This offers you the chance of a payout if your horse finishes in the top two or three (occasionally four) of a race, rather than winning it.
When you select an Each Way Trixie, this doubles the amount of Unit Stake bets you are placing as you are backing each selection in each combination both to win and as an each way bet.
Therefore, if your Unit Stake was £1 for a Trixie Bet and you wanted to make it an Each Way Bet, then this would cost you £8, not the £4 for a standard £1 Trixie.
This Trixie bet variation means that if two of your selections do not win, but they are placed, you will still generate a return on the Each Way portion of that particular bet (however, your other seven bets will still lose).
It also means that if two horses win and one is placed, or two horses are placed and one wins, you have the chance to earn increased earnings from this over a standard Trixie bet.
Of course, this bet can only be used on sports where places are possible (such as horse racing) rather than sports such as football, rugby or similar.
The Trixie Bet is a very popular entry level bet into multiple bet gambling as it is affordable and easy to understand and with just three selections, it offers punters a genuine chance of a decent return for a relatively small initial outlay in terms of stakes.
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