What Is A Lucky 31 Bet?
Published on 01/10/19
A Lucky 31 is a popular bet which allows you to combine five selections into a multiple bet comprising five singles, 10 doubles, 10 trebles, five 4-folds, and an accumulator – which is 31 bets, hence the name Lucky 31.
Most bookies will let you choose your Lucky 31 selections from a wide range of sports such as horse racing, football, tennis, and golf. Many will also let you place multi-sport Lucky 31s, allowing you to combine your fancied selections from a variety of sports into one bet.
For the purpose of illustrating this, consider your five selections to be called A, B, C, D, and E and you can see how these selections are combined in the example Lucky 31 below. The “Xs” mark which selections are used in each bet.
|Bet||Selection A||Selection B||Selection C||Selection D||Selection E|
What is the Cost of a Lucky 31?
When placing a win Lucky 31, you simply multiply by your stake by 31 to get the total cost of your bet. If you want to place an each-way Lucky 31, simply multiply your stake by 62. For example, a £1 Lucky win 31 would cost £31 and a £1 each-way Lucky 31 would cost £62.
What are the Advantages of a Lucky 31?
The main advantage of a Lucky 31 is it gives you the best of both worlds. You’ll get some money back if one of your selections wins or places. Many bookies also boost one winning selection on a Lucky 31 by offering double or even triple the odds.
You’ll also have the chance to land decent winning bets, with those doubles, trebles, 4-folds, and especially your acca. Luck 31 bets are especially popular at big horse racing meetings, where punters get the chance to combine selections at big odds.
For example, imagine all those big juicy handicaps at the Cheltenham Festival or Royal Ascot. You could easily combine winning selections at say 10/1, 12/1, 14/1, 16/1, and 20/1. A £1 Lucky 31 on those bad boys would cost £31 and return over a £1 Million.
Even an each-way Lucky 31 in which all five selections placed would pay a few thousand pounds. You could also have all sorts of combinations of winners and placed horses that would offer a variety of different sized payouts.
Many bookmakers even payout a variety of bonuses based on the number of winning selections you have.
Do Bookmakers Have Limits on Lucky 31 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 though you’d won a £1 Million only to find that the limit was £100,000.
But don’t forget you can spread your bet to smaller stakes around a few bookmakers. They’d then all pay out up to their limits and you could still win that big amount if you’re good enough to pick five big-priced winners.
What is the Difference Between a Lucky 31 and a Super Yankee?
A Super Yankee is basically a Lucky 31 but without the five single bets. That means you only pay 26 times your stake or 52 times if you’re betting each-way. You obviously don’t get any return on a Super Yankee unless at least two selections win (or place if an each-way Super Yankee) but you can, equally, use the stake from those hypothetical singles to increase the stake on your doubles, trebles, 4-folds, and acca to try and maximise your returns. The choice is yours.
Summary of What a Lucky 31 Is
• A Lucky 31 is a multiple bet combining five singles, 10 doubles, 10 trebles, five 4-folds, and an acca
• A bet that derives its name because you are placing 31 bets on one betting slip
• A bet that offers a variety of pay outs from small ones to big ones
• You can place Lucky 31’s 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 Lucky 31 with many bookmakers