There are many types of bets you can place and some of the jargon can be a little confusing. Don’t worry though, as we’ve got you covered.
The Lucky 15 is a very popular bet type, as the returns can be significant for a relatively small stake. We're going to explain what a Lucky 15 is and exactly how they work. The lucky 15 bet comprises fifteen bets wagered on four horses and you do not need every horse to win to yield a return which is what makes it one of the most popular bets for major festivals. Find a host of betting sites where you can place this type of bet.
Only one horse must win to receive a payout. You can find other types of bets here along with betting terminology and horse racing terminology.
If you’re a casual punter and would like to cover numerous different outcomes, a Lucky 15 might be the bet for you. The good thing is, only one of your selections needs to win in order to start getting a return but a profit isn’t guaranteed.
The lucky fifteen is similar to the yankee but the reason it is so popular among horse racing fanatics is because it includes singles. The bet consists of four horses (1, 2, 3 and 4) and places fifteen different bets on the four horses:
For example, the total value of your stake is £15 but only one selection wins at 9/1. This means you would get a return of £10 but would still be £5 down.
There are often bonuses applied as more of the bets land, which increases the returns significantly, and that’s where the lucky part comes in!
The name comes from the fact that your one bet consists of 15 smaller bets. In order to place a Lucky 15 bet you must select four outcomes and we’ve included an example below.
Sir Gino to win the Champion Hurdle
Marine Nationale to win the Champion Chase
Teahupoo to win the Stayers’ Hurdle
Gaelic Warrior to win the Gold Cup
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There is a simple way to work out lucky 15 winnings. Converting the odds to decimals makes the calculation simpler. See below:
Sir Gino and Marine Nationale both to win
Sir Gino and Teahupoo both to win
Sir Gino and Gaelic Warrior both to win
Marine Nationale and Teahupoo both to win
Marine Nationale and Gaelic Warrior both to win
Teahupoo and Gaelic Warrior both to win
Sir Gino, Marine Nationale and Teahupoo all to win
Sir Gino, Marine Nationale and Gaelic Warrior all to win
Sir Gino, Teahupoo and Gaelic Warrior all to win
Marine Nationale, Teahupoo and Gaelic Warrior all to win
Sir Gino, Marine Nationale, Teahupoo and Gaelic Warrior all to win
The more selections that win, the bigger your reward multipliers will be and you will be one happy punter if all four come in! It’s also possible to place an each-way Lucky 15 which can be very helpful for punters who want to combine selections at bigger prices.
One potential downside is that it can be tricky to work out what exactly the returns will be, but if two or more of your selections win, it’s more than likely that you will return a healthy profit.
An important thing to remember when you’re placing a Lucky 15 is that the stake you enter will be multiplied by 15.
For example, if you wanted to place a Lucky 15 to the value of £15 you must enter £1 as your stake, rather than £15 (which would be a very expensive bet!)
If you fancy four horses in different races then it is well worth placing a Lucky 15 bet. You only need one horse to strike to yield a return and payouts can be very rewarding if more than one of your selections wins.
An each way lucky fifteen consists of 30 bets - 15 win bets and 15 place bets. This means that a €1 lucky fifteen bet will cost you €30. You will be paid out on places at 1/5 of the odds.
The lucky fifteen bet is very similar to the Yankee, however the yankee does not include the four single bets.
The Yankee comprises 11 bets placed on four horses (1, 2, 3 and 4)
To receive a payout, a minimum of two selections must win. A €1 Yankee will cost you €11.
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