Understanding Trixie bets

Looking for information about Trixie bets? You’ve come to the right place. Keep on reading to discover what Trixie bets mean, their pros and cons, common examples and how to calculate Trixie bets.

What is a Trixie bet?

A Trixie bet is a three-selection wager consisting of four bets: three doubles and one treble. Essentially, punters that place a Trixie need to choose three different selections, such as three NHL matches or three Premier League games and then have four separate bets placed around these selections.

If you’re thinking that Trixie bets sound complicated, they’re not. That’s because sportsbooks like our Wildz Sports automatically create all the doubles and the treble after you select a Trixie bet on your betting slip.

Similar to other full coverage bets such as Patent bets, Lucky 15 wagers and Yankee bets, Trixies are a great way of hedging bets if one selection doesn’t hit, while also being potentially lucrative if they all hit.

Examples of a Trixie

As mentioned previously, we need three selections or events to place a Trixie bet. For this, let’s head over to a midweek round of Champions League fixtures. Imagine that the following events, i.e., games, are due to kick-off:

Bayer Leverkusen vs Aston Villa
Liverpool vs Bologna
Inter Milan vs Monaco.

From these three games, we need to create three doubles and one treble. This could be:

One double on both Bayer Leverkusen and Liverpool winning
One double on both Liverpool and inter Milan winning
One double on both Inter Milan and Bayer Leverkusen winning
One treble on Bayer Leverkusen, Liverpool and Inter Milan to all win.

The main advantage of a Trixie bet over a Parlay bet is that punters have some room for error. That’s because, in theory, one of the double selections can lose, and the Trixie above could still guarantee a return.

Let’s Imagine have every selection win except Inter Milan vs Monaco.

That still means that the punter would get a return on the one double on both Bayer Leverkusen and Liverpool winning

How to calculate Trixie bets

Calculating a Trixie bet is pretty straightforward.

Trixie bets are simply four bets made up of three selections, i.e., three doubles and one treble. So if only one double hits, calculating the winnings from that Trixie means working out which double has hit and multiplying their betting odds with the initial stake. For example 1.91 odds (event 1 win) x 2.60 odds (event 2 win) x $5 (stake) = $24.83 return.

As winning precisely two doubles is an impossibility, we’ll move along to all three doubles winning. If all three doubles hit then, by proxy, so will the sole treble bet. As a result, a punter will need to calculate the returns form all three doubles plus the sole treble and add therm all together to.

The advantages of a Trixie bet

Just like all betting types, there are positives and downsides.

Regarding the advantages, the first as mentioned previously, is that the selections in a Trixie don’t all have to win to guarantee a return. So if any two teams win, you’ll receive a payout from one of the doubles. If all three teams win, then the three doubles plus the treble will win, meaning the full profits of the bet will be won.

Additionally, with a Trixie bet, punters can make their selections from a wide range of sports such as Boxing, Horse Racing and Golf. What’s more, Trixies are relatively simple to understand and monitor, allowing sports bettors to easily track their bets and the selections involved.

As a result, Trixie bets usually appeal to every type of punter from first-timers to professionals and everyone else in between.

The disadvantages of a Trixie bet

Now for the disadvantages of Trixie bet.

Although punters get more room for error from a Trixie bet, that safety net comes at an additional cost. That’s because with four separate bets to cover, a punter’s stake is usually more expensive than placing a double or treble bet separately.

Another downside of Trixie bets is the relatively lower payouts. Unlike larger multiple bets, such as Lucky 15 bets or Yankee bets, the limited number of permutations involved could reduce the total returns of a Trixie bet.

Resultanty, some sports bettors often feel that Trixies don’t offer enough value when it comes to potential earnings.