The Patent bet originated in horse racing but can be applied across various other sports. It involves making three separate selections and combining them in seven different wagers: three singles, three doubles, and a treble. This way, punters can get some return on their stake even if they just get one prediction right.
A Patent is a form of a full-cover bet. It differs from similar options like Trixie and Yankee because it includes singles. Users make seven different wagers with three selections while applying the original stake to each of them. For example, if you punt £1, the total cost of the bet will be £7.
The reasoning here is that you will get at least one of your predictions right and get some money back. In most cases, it will be lower than your original stake unless you choose high odds for each selection. You can expect a profit when you get two or all three predictions right.
Generally, Patent bets empower you to wager on any sport. The bookies that offer this option, like bet365 make the process automated, so you don’t have to worry about the calculations that come with it.
Football offers a wide selection of events and markets quality odds, making it a logical choice for a Patent. It is a great way to mitigate the risks that come with standard accumulators, where all three predictions need to be correct for punters to win money.
When using Patent bets in football, ensure that you make different predictions and place various wagers for each football match to increase your chances of yielding big results.
Patent is most widely used in horse racing. It also has the most simple application. All you have to do is identify three races and select a winner in each race.
This option in horse racing is most efficiently used in combination with high odds. This way, even if just one of the horses you backed wins, you will still either break even or get a small profit.
One challenge punters tend to have with using a Patent is calculating their stakes. We encourage you to use a Patent bet calculator to avoid any potential mishaps. Most bookmakers offer them on their platform, while you can also find them on specialized websites.
Here are some of the details you need to enter:
After that, enter the odds for each selection in the designated fields and wait for the calculator to come up with your Returns and Profits.
Yes, you can do each-way Patent, but usually only for horse racing. For each-way, punters place seven win predictions and seven place wagers. This brings up the number of single bets up to 14 and doubles your original stake. You can get a return even if none of your selections win. The horses just need to finish within the predetermined range of places (usually Top 2 or Top 3) for a payout.
If the Patent bet definition still sounds complicated, we came up with a practical example to make this option clearer.
There are 3 football matches you want to wager on:
You bet at a football bookie Tottenham to win at odds of 2.50, Liverpool to win at odds of 2.00, and Crystal Palace to win at odds of 3.00. You place a stake of £4, meaning that Patent comes with a cost of £28. The total possible return will be £164 if you get all three predictions right.
In case only Tottenham wins, you’ll get £10 from one single wager. If both Tottenham and Liverpool win, you get:
If Tottenham, Liverpool, and Crystal Palace all win, you get:
The best Patent Bet strategy is to look for slightly higher odds and go with larger stakes. While pricey and risky, this strategy can get you better returns. Even if you just get one prediction right, you will still pocket some money. If two selections win, you are guaranteed to get your bet back and then some.
You can also opt for a more balanced approach by combining lower and higher odds. This will allow you to get a nice return and lower the risk since lower odds are usually attached to favorites. But whatever strategy you pick, make sure to do in-depth research about the teams or horses you are backing.
Both a Patent bet and a Trixie have three selections. The primary difference is that singles are not included in Trixie. Because of this, Trixie has only four combinations: three doubles and a treble. Due to the lower number of bets, this option requires a smaller stake.
Knowing the difference between a Patent bet and a Trixie is particularly important when betting at horse racing bookmakers.
Here are some of the reasons why you should start using a Patent bet to maximize the returns from each sport:
A Patent bet is a great wagering option when used wisely. It increases your chance of earning a return because the winning potentials here are much higher than what a traditional accumulator offers. In order to test it, you need to sign up for an account with a bookmaker that offers this option. Bookies like Betfair and Betfred are a great place to start.
