What Is A Patent Bet?
A Patent is the name given to a bet that combines three selections into three singles, three doubles and a treble, placing equal stakes on each bet. It’s the easiest way to place these bets and saves you writing out seven different bets if you’re betting in a high-street or on-course bookmakers, saying seven different bets if you’re betting over the phone, or inputting seven different bets if you’re betting online.
How Selections Are Combined in a Patent
Below is a table highlighting how three selections are combined into three singles, three doubles, and a treble in a Patent bet. The X’s show which selections feature in each bet.
|Selection A||Selection B||Selection C|
How to Place a Patent Bet?
To place a Patent, you must first choose three selections. All three selections can be for the same sport, for example, horse racing. But many bookmakers will also let you combine selections from different sports into a Patent, such as horse racing, football, and tennis.
You then need to decide how much you want to stake. If you’re placing a win patent, you can either decide how much you want to stake in total and divide it by seven to get your stake per bet. Alternatively, you can decide how much you want to place on each single, double and treble and then multiply that stake by seven to find the total cost of your Patent.
If you want to place an each-way Patent, you can either decide how much you want to stake in total and divide it by 14 or you can decide how much you want to place on each single, double, and treble and then multiply that stake by 14 to find the total cost of your each-way Patent.
We’ve highlighted some simple costs of placing a Patent in the table below:
|Stake Per Double/Treble||Total Cost|
|£1 each way||£14|
|£5 each way||£70|
|£10 each way||£140|
Winning From a Patent Bet
When the first of your three selections in a Patent bet wins it’s an exciting time. Not only have you already won your first single bet, but you’ve also got the first winner in two of your doubles and your treble.
When the second selection wins, it’s time to get really excited as you now have two winning singles and a winning double. You now just need that third selection to win to win all seven bets of the Patent, three singles, three doubles, and a treble.
Of course, if you’ve placed an each-way Patent, you are also guaranteed to collect some money if just one of your selection places. An each-way Patent also gives you chances of landing place doubles and trebles. Equally, you can combine a variety of wins bets and place bets depending on whether you have one winner and one place, one winner and two places, or two winners and one place.
A Patent without the Singles
This bet you’re looking for is called a Trixie. If you place a Trixie, you are combining your three selections into a bet that comprises three doubles and a treble, so just four bets. This means you’ll need to multiply your stake by four to find the cost of your total bet or by eight if you’re placing an each-way Trixie.
A Trixie can be a better bet when you’re combining low-priced selections, as this allows you to stake more on the doubles and trebles to give you a chance of bigger return. The downside of a Trixie compared to a Patent is you don’t get back any money back if just one of your selections wins or places.
Summary of a Patent Bet
– A Patent bet combines three selections into three singles, three doubles, and a treble
– A win Patent will cost you seven times your stake
– An each-way Patent will cost you 14 times your stake
– A Patent differs from a Trixie because it contains three single bets
– A Patent can be placed on many popular sports including horse racing and football
– A Patent saves you time as you’re placing one bet rather than seven different bets