What Is A Heinz Bet?
A Heinz is a combination bet or combo that combines six selections into 57 different bets. These bets are 15 doubles, 20 trebles, 15 four-folds, six 5-folds, and one 6-fold.
Most bookies will let you choose your bet selections from a wide range of sports such as horse racing, football, tennis, and golf. Many will also let you place multi-sport Heinz bets, allowing you to combine your fancied selections from a variety of sports into one bet.
Why is it Called a Heinz Bet?
A Heinz bet derives its name from the famous Heinz food company that once had a marketing campaign known as the Heinz 57, which celebrated the 57 different products that Heinz offered consumers at that time.
The 57 Bets in a Heinz
Below, you can see a table highlighting the 57 bets in a Heinz. For illustration purposes, we’ve called the six selections A, B, C, D, E, and F, and you can see how these selections are combined. The “Xs” mark which selections are used in each bet. Brace yourself – as you know there are 57 bets here:
Cost of a Heinz Bet
When placing a win Heinz, simply multiply your stake by 57 to get the total cost of your bet. If you want to place an each-way Heinz, this will cost you twice as much, so multiply your stake by 114. For example, a £1 win Heinz bet will cost you £57 and a £1 each-way Heinz bet will cost you £114.
Advantages of a Heinz Bet
The main advantage of a Heinz is it gives you lots of different ways to win. You’ll get some money back if two of your selections win (or place if it’s an each-way bet).
A Heinz bet also gives you lots of chances to land big winning bets, from your, trebles, 4-folds, 5-folds, and especially your 6-fold. Heinz bets are especially popular at big horse racing meetings, where you get the chance to combine six selections at big odds.
For example, imagine those big juicy handicaps at either the Grand National meeting, Glorious Goodwood, the Cheltenham Festival, or Royal Ascot. You could easily combine winning selections at say 8/1, 10/1, 12/1, 14/1, 16/1, and 20/1. The combined odds of those six horses winning would be over 10,000,000/1, meaning you could be a millionaire for just a 10p Heinz bet – or just £5.70.
Even a 10p each-way Heinz bet in which all six of the above selections only placed would win you over £900. You could also have all sorts of combinations of winners and placed horses that would offer a variety of different sized payouts. Some bookmakers even pay bonuses based on the number of winning selections you have.
Ultimately, a Heinz is something you do for fun. It can make a day at the races an awful lot more exciting for little outlay much like a Goliath bet.
Heinz Bet Calculator
As always, we highly recommend using a bet calculator when it comes to working out your winnings from a Heinz. With 57 bets, it’s not the simplest form of betting so make sure you use a calculator such as this one offered by AceOdds:
Limits on Heinz Bet Payouts
Yes, they do. It’s a good idea to check what these limits are before you place your bet. Just imagine how disappointed you’d be if you thought you’d won a £10 Million by placing a £1 win Heinz bet on the above selections only to find that the limit of the bookie you bet with was only £100,000. However, many bookies do offer limits of £500,000 or even £1,000,000.
Don’t forget, if you do think you might have six big-priced winners, you can always place Heinz bets to smaller stakes with a few bookmakers. They’d then all payout up to their limits and you could still win that big amount if you’re good enough to pick six big-priced winners.
Difference Between a Heinz and a Super Heinz
A Heinz bet is a great bet if you’ve got six selections and want to combine them in a combo bet. But what do you do if you’ve got seven selections? The answer is you can place a Super Heinz.
A Super Heinz simply combines your seven selections into 120 bets, which comprise 21 doubles, 35 trebles, 35 four-folds, 21 five-folds, seven 6-folds, and one 7-fold.
Of course, a Super Heinz is going to cost you 120x your stakes or 240x your stake if you place an each-way Super Heinz.
Summary of a Heinz Bet
– A Heinz is a combo bet that combines 15 doubles, 20 trebles, 15 four-folds, six 5-folds, and one 6-fold
– A bet that derives its name because you are placing 57 bets
– A bet that offers a variety of payouts from small ones to big ones
– You can place Heinz bets on a variety of sports and they’re especially popular for big horse racing meetings
– You can often combine selections from different sports into a Heinz bet with many bookmakers