Patent Bet Calculator

How to Use Our Patent Bet Calculator?

It’s all fast, free, and accurate. No need to do math; just a few simple clicks and you are good to go. Here are the exact steps to use our patent bet calculator:

• Put your unit stake: Remember, this is multiplied by seven. So account for that up front.
• Choose format: Select between decimal, fractional, or American odds formats.
• Add the odds: Add the probabilities for each of your three choices, one for each field.
• Choose a relevant option: As necessary, set any relevant options, such as each-way, Rule 4, or non-runner changes.
• Hit Calculate: When you click Calculate, your whole stake, expected return, and profit show up right away.

What Is a Patent Bet?

Fundamentally, a patent bet is the most straightforward full-cover bet in horse racing. Three choices, all combinations covered, and a total of seven wagers. That’s all. These seven can be broken down as follows:

• Three singles
• Three doubles
• One treble

Simply said, a patent bet contains one single on each of your three selections, as opposed to a Trixie, which omits the singles. It’s the little thing that makes all the difference. It implies that even if the other two choices entirely disappoint you, a single winner still yields a profit. 

The tradeoff? Seven times your unit stake is your total stake. The cost of a £1 patent is £7. The price of a £2 patent is £14. Here, small unit stakes go a long way, which contributes to the patent’s accessibility. 

Patent Bet Example

Want to understand how patent bets work in a better way? Here is a simple example:

You pay £1 for a patent. The total cost comes to £7.

In the first scenario, only Horse A prevails:

The payout for your single on Horse A is $3. £3 is the return. You’ve recovered a portion of your stake from a single winner, but you haven’t made any money. That is the patent’s safety net in action.

In the second scenario, horses A and B prevail:

In addition to the double that results from combining A and B, the two singles pay out: 3.00 × 2.50 = 7.50. From a £1 stake, the one double alone yields £7.50. You only make money from two winners when you combine the two singles. 

In scenario three, all three prevail:

Each treble, double, and single landing. The treble alone yields a £30 return (3.00 × 2.50 × 4.00 = 30.00). The total return is significant when you add the three singles and three doubles. 

When to Use a Patent Bet on Horse Races?

The risk associated with patent bets is low to medium. However, there are situations when playing a patent bet is ideal. In the following conditions, it’s always good to make this bet:

• The singles offer a real safety net when you have three options but are unable to back all three with complete assurance. You won’t be totally out of pocket with just one winner.
• A short-priced favorite combined with a few mid-range choices can produce great value through the doubles and triples when the odds are different for each of your three choices. 
• You don’t need a big festival to support a patent for midweek cards with three races that stand out. Three thoughtful choices on any respectable card are enough.
• The patent is accessible when switching from single-bet wagering to multi-bet wagering. The returns are simple to understand, the expenses are reasonable, and the structure makes sense. 

When Not to Use a Patent Bet?

Patent bets are comparatively low-risk. But that does not mean it’s ideal in all conditions. Sometimes a patent just isn’t the best option:

• Back it as a single and save your stake if there’s only one horse you really like. It is a waste of money to pad out a patent with two poor choices.
• Low-cost favorites drastically reduce your returns when all three choices are favorites.
• One late withdrawal or a significant shift in ground over three races might destroy a patent before it even starts on days when things are unstable or deteriorating. 
• The seven-bet format, particularly each way, adds up more quickly than it appears on paper when money is an issue. Never commit to a patent at a level of dedication that causes you discomfort.
• If you’re tempted to include a long shot in order to increase possible returns, a poor third choice hurts all the combinations it is a part of. Adhere to the same research standards for all three selections. 

Stay Tuned for Daily Tips

Three excellent choices are the foundation of a well-constructed patent bet. The challenging aspect is consistently identifying them. Our daily advice can help with that. Every day, our team examines the cards to find horses with compelling claims, developing form, and real market worth. Make every seven wagers matter, return frequently, and stress-test your selections using our patent bet calculator.

Frequently Asked Questions 

Q1) How much does a patent bet cost?

Ans: Your total outlay is seven times your unit stake. The patent costs £7 at £1 per wager. If you choose each-way, it multiplies to 14 wagers and £14 at £1 per wager. Prior to confirming, always verify the total.

Q2) What’s the difference between a patent and a Trixie?

Ans: A Trixie only has four bets, three doubles and one treble, and no singles, whereas both cover three selections. Three singles are added by a patent, making a total of seven bets. The patent is more expensive, but there is only one winner. 

Q3) Is a patent bet good for beginners?

Ans: For anyone looking to move past singles, it’s one of the best places to start. The single-winner safety net eliminates the all-or-nothing pressure of a straight treble or accumulator, and the structure is straightforward.