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Patent Bets Explained
A Patent bet is a wager consisting of 7 separate bets across 3 selections. It includes 3 single, 3 doubles and 1 treble. In a patent, every possible combination (‘permutation’) of selections is covered.
A patent provides a return even if only one of your selections is successful, making it the most comprehensive bet possible using three selections. As such, it provides maximum insurance should selections not go your way. This comes at the cost of a lower potential payout when compared to other three selection bets for the same total stake.
Any bet that is comprised of multiple accumulator bets (doubles and trebles are just 2 and 3 fold accumulators) is called a ‘system’ bet. As with any system bet, the more winning selections, the bigger your return.
Patent bets are popular in horse racing, but they can also be applied to other sports such as football, greyhound racing, and tennis.
Try different combinations of selections on the Patent calculator to see how your bet could play out.
Patent Composition
A Patent bet covers all possible betting combinations using three different selections. Here’s a breakdown of the bet:
| Bet Type | Selection Combinations | Number of Bets |
|---|---|---|
| Singles | 1, 2, 3 | 3 |
| Doubles | 12, 13, 23 | 3 |
| Trebles | 123 | 1 |
| Â | Â | Total: 7 bets |
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Since each selection is backed separately, you can still get a return, even if only one of your selections wins. However, just because you get a return from one selection doesn’t mean you will be in profit.
How Does an Each Way Patent Work?
An each way Patent bet is a variation that covers both winning and placing selections. This doubles the number of bets to 14 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).
This 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 patent for the same total stake.
Pros and Cons of a Goliath Bet
Pros
✓ Highest chance of a return – Even if only one selection wins, you still get a payout.
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✓ Risk management – Covering every permutation gives you the most insurance possible in the event of your selections not going your way.
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.
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✘ Lower returns than an accumulator – Because a patent includes singles and smaller multiples, the potential returns are lower than a standard threefold accumulator or trixie for the same total stake
Similar Bets
If you like the idea of a patent bet, you might be interested in these alternative system bets:
- Lucky 15 – A bet with four selections, totaling 15 bets.
- Lucky 31 – A bet with five selections, totaling 31 bets.
- Yankee – A bet with four selections but without singles, totaling 11 bets.
- Trixie – Similar to a Patent but without singles, totaling 4 bets.
Patent Bet vs. Trixie Bet
A Trixie bet is a similar bet to a Patent, but it does not include single bets.
| Bet Type | Number of Selections | Includes Singles? | Total Bets | Good For |
|---|---|---|---|---|
| Patent | 3 | Yes | 7 | Maximum insurance coverage. |
| Trixie | 3 | No | 4 | Higher potential payout for the same total stake. |
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The key difference is that a Patent includes single bets, meaning you can still get a payout even if only one selection wins. This gives you the maximum amount of insurance, but gives a lower potential return with the same total stake should selections go your way.
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