Permed Patent Calculator
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Permed Patent Bet Explained
A Permed Patent is a wager consisting of patent bets that cover every 3 selection combination of your selections. The total number of selections is between 4 and 6.
Each Patent contains 7 separate bets – 3 singles, 3 doubles and 1 treble.
Here is how the bet breaks down depending on your number of selections.
4 Selections: 3 Patents (7 bets) covering 4 combinations of 3 selections. This gives a total of 28 bets (12 singles, 12 doubles and 4 trebles).
5 Selections: 10 Patents (7 bets) covering 10 combinations of 3 selections. This gives a total of 70 bets (30 singles, 30 doubles and 10 trebles).
6 Selections: 20 Patents (7 bets) covering 20 combinations of 3 selections. This gives a total of 140 bets (60 singles, 60 doubles and 20 trebles).
Use the Permed Patent calculator on this page to see how a different numbers of selections with varying odds can play out.
How Does an Each Way Permed Patent work?
As with regular Patents, an Permed Patent can be placed each way. This means each individual Patent becomes its each way version that covers both winning and placing selections. This doubles the number of bets because each selection is backed twice:
- One bet for the selection to win.
- One bet for the selection to place (e.g., finishing in the top three in a horse race).
For a full break down of how each individual each way bet works, see the Patent Calculator page.
Using an each way Permed Patent increases the chances of getting a return, even if some selections don’t win outright. However, since the number of bets doubles, the total stake also doubles. You could reduce your stake to compensate, but it would provide a lower maximum return should all selections win compared to a non-each way Permed Patent for the same total stake.
Permed Patent Example
Let’s assume you are doing a 4 selection Permed Patent with the following selections and odds:
Selection A: 1/1
Selection B: 2/1
Selection C: 3/1
Selection D: 4/1
Using a £1 stake per bet, this works out as £28 total stake, as there are 28 individual bets.
Your selections are split into groups of 3 selections, each with it’s own patent, as below:
Patent 1: A, B, C
- Singles (A, B, C)
- Doubles (AB, AC, BC)
- Treble (ABC)
Patent 2: A, B, D
- Singles (A, B, D)
- Doubles (AB, AD, BD)
- Treble (ABD)
Patent 3: A, C, D
- Singles (A, C, D)
- Doubles (AC, AD, CD)
- Treble (ACD)
Patent 4: B, C, D
- Singles (B, C, D)
- Doubles (BC, BD, CD)
- Treble (BCD)
Calculating the outcome
Let’s assume selections A (1/1) and C (3/1), with B and D losing.
You now calculate returns for the 28 bets. Only the combinations containing A or C return anything. Here’s what you would win:
Patent 1 (A, B, C)
- Singles: A (£1 × (1/1 + 1) = £2), B (loss), C (£1 × (3/1 + 1) = £4)
- Double: AC (£1 × (1 /1 + 1) * (3/1 + 1)) = £8). Other doubles lose.
- Treble: Loss
Total from Patent 1: £14
Patent 2 (A, B, D)
- Singles: A (£1 × (1/1 + 1) = £2). Other singles lose.
- Double: All doubles lose.
- Treble: Loss
Total from Patent 2: £2
Patent 3 (A, C, D)
- Singles: A (£1 × (1/1 + 1) = £2), C (£1 × (3/1 + 1) = £4), D (loss)
- Double: AC (£1 × (1 /1 + 1) * (3/1 + 1)) = £8). Other doubles lose.
- Treble: Loss
Total from Patent 1: £14
Patent 4 (B, C, D)
- Singles: C (£1 × (3/1 + 1) = £4). Other singles lose.
- Double: All doubles lose.
- Treble: Loss
Total from Patent 1: £4
Your returns are summarised in the table below.
| Bet | Return |
|---|---|
| Patent 1 | £14 |
| Patent 2 | £2 |
| Patent 3 | £14 |
| Patent 4 | £4 |
Which makes your grand totals:
| Total Return | £34 |
| Total Stake | £28 |
| Profit | £6 |
Pros and Cons of a Single Bet
Pros
✓ Good coverage – The combination of different selections gives multiple chances to win.
✓ Risk management – Covering different combinations adds an element of risk management to your bet. If some of your combinations fails to win, you still have other combinations that could give a return.
Cons
✘ Can still lose money – If only one selection wins, the payout might be small and not high enough to recover your overall stake. This can happen if you have selection with mostly short odds.
Similar Bets
The following bets are similar to a Permed Patent, in that they place bets on specific combinations within your set of selections.
- Alphabet – 2 patents, 1 yankee, and a 1 six-fold accumulator on specific combinations of selections.
- Union Jack Trebles – 8 trebles applied to your selections in specific ways in a 3 x 3 grid.
- Union Jack Trixie – 8 trixies applied to your selections in specific ways in a 3 x 3 grid, giving a combined total of 32 bets.
- Union Jack Patent – 8 patents applied to your selections in specific ways in a 3 x 3 grid, giving a combined total of 56 bets.
- Union Jack Round Robin – 8 round robins applied to your selections in specific ways in a 3 x 3 grid, giving a combined total of 80 bets.
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