If you are looking for an answer to the question “What Is A Lucky 15 Bet?” then we have you covered.
We won’t waste your time, and on this page, we’ll answer the questions:
- How much does a Lucky 15 bet cost?
- How many combinations does a Lucky 15 have?
- How does a Lucky 15 bet work?
We’ll explain and show you how many selections the bet has and how all the different 15 combinations work for this bet.
All of the info will be explained in simple terminology with tables and screenshots to help guide you along the way. This is also designed to be simple for novice bettors to understand as well.
How Much Does a £0.20P Lucky 15 Bet Cost?
Depending on your betting style and how much you budget will decide how much a Lucky 15 will cost. You can do these bets for smaller or larger stakes depending on your budget. Don’t forget that you should only bet funds or money you can comfortably afford to lose.
Check out the table below, which shows you how much it costs for a twenty-pence Lucky 15.
| LUCKY 15 BET STAKE | TOTAL COST |
|---|---|
| £0.10p Win | £1.50 |
| £0.10p Each Way | £3.00 |
| £0.20p Win | £3.00 |
| £0.20p Each Way | £6.00 |
| £0.25p Win | £3.75 |
| £0.25p Each Way | £7.50 |
| £0.50p Win | £7.50 |
| £0.50p Each Way | £15.00 |
| £1.00p Win | £15.00 |
| £1.00 Each Way | £30.00 |
| £5.00p Win | £75.00 |
| £5.00 Each Way | £150.00 |
The Lucky 15 is a great bet, both for beginners and advanced punters. It has four selections and combines singles, doubles, trebles, and a fourfold accumulator.
So you have 15 separate bets that are within a Lucky 15, and the great thing is that it gives you multiple chances to win.
Although it might seem complicated for newcomers to betting, it is quite a simple bet. You can think of it as a Yankee bet but with four singles added on top. See the table below.
How Many Combinations Does a Lucky 15 Have?
In the table below you can see how many combinations in total the Lucky 15 has.
| BET TYPE | NO OF COMBINATIONS |
|---|---|
| Singles | 4 |
| Doubles | 6 |
| Trebles | 4 |
| Fourfolds | 1 |
| Fivefolds | 0 |
| Sixfolds | 0 |
| Sevenfolds | 0 |
| Eightfolds | 0 |
| Ninefolds | 0 |
| Tenfolds | 0 |
Understanding the different combinations of any type of bet is important, but the Lucky 15 is quite an easy bet to understand.
As an example, if you are an advanced punter, then this may be a good bet to use on shorter-priced runners or favourites. If your selections are priced at odds of 3/1 or shorter then this bet can work well.
It is important to note that you only need one of your selections to be successful to get a return with this bet. However, if you are backing these shorter prices then you will need maybe two or even three selections to make a profit.
How Does a Lucky 15 Bet Work?
Firstly you will want to select your horses, so let’s look at four mythical selections below which are priced at 5/2 or shorter, and for this example, we’ll use a £5.00p win stake, so your total outlay is £75.
- Selection A – 6/4
- Selection B – 2/1
- Selection C – 2/1
- Selection D – 5/2
So our total stake is £75, and of course, we want to win if possible, but also eliminate the risk of losing our stake as much as possible. So how many winners will we need to break even or make a profit?
Let’s take our two biggest-priced selections and say they have both won. So it means we have a 5/2 winner and a 2/1 winner.
This gives us two win singles and a win double. So a win single at 5/2, another win single at 2/1 and the double at 5/2 and 2/1.
- 2/1 winner for a £5.00 stake gives us a return of £15.00
- 5/2 winner for a £5.00 stake gives us a return of £17.50
- 5/2 winner and a 2/1 winner in a double for a £5.00 stake gives us a return of £52.50
It means our two winners have returned £85 for a £10 profit on the money we have laid out for our bet.
But what if we have three or four winners?
3 winners at 2/1, 2/1 and 5/2 would give a total return of £355
4 winners at 6/4, 2/1, 2/1 and 5/2 would give a total return of £1255
All of the various Lucky 15 bet combinations are below and we have bolded the winning combinations from our two winner example above
| SINGLES | DOUBLES | TREBLES | FOURFOLDS |
|---|---|---|---|
| A | A B | A B C | A B C D |
| B | A C | A B D | |
| C | A D | A C D | |
| D | B C | B C D | |
| B D | |||
| C D |
Conclusion
Hopefully, you’ll have learned more about what a Lucky 15 bet is and you can now understand exactly how all the combinations work.
If you like learning about multiple bet types then you might want to follow our horse racing expert Richard Smith here at Ontheballbets and his regular pieces on all the big race meetings including the Cheltenham Festival, The Grand National, Royal Ascot, Glorious Goodwood, Qatar Prix De L’Arc de Triomphe, Breeders Cup, The Melbourne Cup.
Responsible Gambling
The information on this page and across the Ontheballbets website is meant for entertainment purposes and should be viewed as such.
If you are betting on horse racing or any other sport then please make sure to bet responsibly. Only bet an amount that you can comfortably afford to lose.
If you feel you have a friend or relative has an issue with gambling, then there are groups and organisations that can offer support, such as BeGambleAware, GamStop and The National Gambling Helpline
