If you have found that you enjoy placing the occasional bet but want to further your knowledge, there are many things to learn about the industry. This is because there are many different types of bets that you can take advantage of. Perhaps you have heard of a full cover bet and are wondering what it means? Well, we are going to explain exactly what this kind of bet is and what it means.
Full Cover Bet Explained
A full cover bet is a range of multiple bets that includes a number of selections within the various accumulators that are available. Often, you might find that your accumulator has been let down because one result didn’t go your way. However, this is where cover bets might be what you are looking for.
A cover bet is a way of betting that covers all of the potential outcomes of a multiple bet. Some might argue that you can create a full cover bet using two selections but the smallest full cover bet actually requires three selections. When we say selections, we mean legs although there are other terms that are used such as bets or picks. We can use todays horse racing as an example, picking three winners at 2:10, 2:40 and 3:10. All horses are given even odds and so, they might look like this:
- 2:10 – Kiss the girl – Evens
- 2:40 – In the end – Evens
- 3:10 – Don’t look back – evens
When you choose a full cover bet, these three selections are taken and then every possible accumulator is covered. When you have three selections, there are four possible separate accumulators. Therefore, the four bets are as follows:
- 1 and 2 double (Kiss The Girl & In The End)
- 1 and 3 double (Kiss The Girl & Don’t Look Back)
- 2 and 3 double (In The End & Don’t Look Back)
- 1, 2 and 3 treble (Kiss The Girl, In The End & Don’t Look Back)
This scenario that we have covered is known as a Trixie bet. This bet DOES NOT include single bets. Therefore, you will need two of your three selections to cross the line in order to see a return, this would break even in the above example. If you do want to include the 3 singles this becomes a 7 line bet known as a Patent bet.
When it comes to placing your stake, you will need to remember that each bet will require an individual stake. Based on the above Trixie bet, if you wanted to stake £10, you would have to stake a total of £40. For a Patent, it would be a total of £70.
The Different Types of Full Cover Bets
There are several different types of cover bets available. In the example above, we covered a Trixie bet and a Patent bet that includes three selections. However, it is possible to choose a full cover bet that covers hundreds of separate bets.
It is possible for you to create a full cover bet with as many individual selections as you wish. This is controlled by the chosen bookmaker and in many cases, it is limited to 6 for full cover bets and 14 for accumulators. However, the most common ones are:
- Patent – 3 selections, 4 total bets
- Lucky 15 – 4 selections, 15 total bets
- Lucky 31 – 5 selections – 31 bets
- Lucky 63 – 6 selections, 63 bets
So, as you can see, there are many different types of full cover bets available, giving you plenty of options to choose from.