Trixie bets are some of the most popular forms of betting through football games and horse racing events due to their ability to potentially cover losses. In its simplest form, it places bets on three different selections, and then four separate bets are placed, with the wagers coming in the form of three doubles and one treble. In theory, it provides an increased chance of a potential return as only two of the three chosen selections are needed to return in order for the bettor to see returns. Here at OddsMonkey, we will go through all the details of trixie bets and we will look at how the trixie bet calculator can be used in tandem with this betting type.
Understand Trixie Bets
To best understand trixie bets, imagine you are placing bets on three football matches with teams A, B and C. In a trixie bet, you would place three double bets and one treble bet; the four bets would be:
- A + B
- A + C
- B + C
- A + B + C
This means if any of the two teams win, then a return will be awarded to the player even if all three teams don’t win. However, if all three teams do win, then the full profits could be awarded as three double bets and one triple bet will have been successful.
It is important to note that placing trixie bets will require the stake to be duplicated across all four bets, meaning if your stake is £0.50, then you will have to stake £2 all together which is one of the downsides to trixie bets, but is very important to remember. With a higher theoretical chance of making a return, this also means that a higher stake will be needed as there are four bets instead of one.
As previously mentioned, this is very popular throughout horse racing and football betting, if users are interested in finding out more about these two popular sports and their betting avenues, check out our horse racing betting guide and our football betting guide.
How To Use The Trixie Bet Calculator
The trixie bet calculator is a very useful tool for any person wanting to place a trixie bet. It is also very simple to use as we work hard to ensure all of our betting calculators are as simple as they can be, whilst also being useful.
First, players can change the unit stake and the odds format on the trixie bet calculator to ensure everything is set up. Then, the player must place the three odds in from the three different selections. Once that is done, underneath the calculator, you will see the total stake, total return, and total profit, meaning players can see exactly how much they are risking and how much could potentially be returned. It is important to change around the results of the three bets, with all of the bets automatically resulting in a win, change one of them at a time to a loss to see how much profit is available in each double bet, as the triple bet is the most unlikely to return.
Similar to other calculators we have, such as our single bet calculator, our trixie bet calculator is perfect for players who are looking for transparency and accuracy before placing the bet with a bookmaker, ensuring the player understands the risks that are involved whilst seeing what bets could return exactly. It is always important to place bets responsibility, as these types of bets require four separate bets to be placed, resulting in the user having to place four times the original stake, meaning if the unit stake is £5, then the total stake would be £20.
Who Can Use Trixie Bet Calculator
With trixie bets being most popular with football and horse racing, the trixie bet calculator is one of the most popular calculators on the market. Therefore, the majority of bettors will be able to use this calculator. However, trixie bets are also used in all different types of sport, meaning there is no limit to who can use this calculator. Especially when OddsMonkey has made our version of the trixie bet calculator simple to use and navigate as a whole.
Use Trixie Bet Calculator At OddsMonkey
OddsMonkey is the place to be when it comes to online sports betting calculators. Similar to the trixie bet calculator, we have a large library of calculators which we are sure will enhance your betting experience. For example, if you’re a fan of multiple selections when making wagers, you could check out our accumulator betting calculator if you are thinking of placing any accas.
Most importantly, check out our matched betting calculator which can help lock in profits with careful mathematics. This calculator will help you place lay bets and back bets, locking in a profit and not even needing to follow the result of the sporting event due to its strategic approach! If this sounds intriguing to you, make sure to check out our matched betting blog for more tips and tricks.