Lucky 15 Bet Explained
Last updated: by Leon Marshal
A Lucky 15 bet is a type of wager commonly used in horse racing. It consists of 15 bets on four selections in different events.
Best Bookies for Lucky 15 Bets
You can find a suitable bookmaker for Lucky 15 betting taken from our UK bookies list below:
Written by Leon Marshall Chief Editor at bestbettingsites.co.uk| Position | Bookmaker | Rating | Bonus | Info | Website | T&C’s |
|---|---|---|---|---|---|---|
| 1 | 🥇 Betfred | 5.0/5 | £50 in Free Bets | Wide variety of Lucky 15 bets | Visit Site! | Full T&Cs apply. New customers only. Register with BETFRED50. Deposit £10+ via Debit Card and place first bet £10+ at Evens (2.0)+ on Sports within 7 days to get 3 x £10 in Sports Free Bets & 2 x £10 in Acca Free Bets within 10 hours of settlement. 7-day expiry. Eligibility & payment exclusions apply. T&Cs apply. |
| 2 | 🥈 William Hill | 4.9/5 | £30 in Free Bets | Diverse Lucky 15 betting markets | Visit Site! | Full T&Cs Apply! New online customers only, min £10/€10 stake, win only, min odds 1/2, free bets paid as 3 X £10/€10, 30 day expiry, free bet/payment method/player/country restrictions apply. |
| 3 | 🥉 10bet | 4.9/5 | 100% Up to £50 Deposit Match | Comprehensive Lucky 15 options | Visit Site! | Full T&Cs Apply! New bettors; Code SPORT; Wager deposit & bonus 8x; Max qualifying bet stake=initial bonus; Valid 60 days; Min odds, bet and payment method exclusions apply; T&C apply; 18+ |
What Is a Lucky 15 Bet?
Lucky 15 bets are is a type of system bet. In this instance, the wager consists of 15 bets across four selections, broke down below:
- Four Singles: A bet on each of the four selections to win.
- Six Doubles: A bet on every possible combination of two selections to win.
- Four Trebles: A bet on every possible combination of three selections to win.
- One Fourfold Accumulator: A single bet on all four selections to win.
A Lucky 15 bet needs only one selection to be correct to get a return. With the different bet combinations, every winner means that the return jumps, thus paying out more. The more winning selections you land, the bigger the profit.
The Lucky bet system is available in three variations – 15, 31 and 63. As you might have deduced, the names represent the number of bets in each system. The Lucky 15, 31 and 63 covers four, five and six events respectively. As the number of wagers increases, so do the combinations. For example, a Lucky 63 contains a sixfold accumulator, six five-folds, 15 fourfolds, 20 trebles 15 doubles and six single bets. So, if you are looking to wager on different events, you can pick the most suitable Lucky bet.
How Does a Lucky 15 Bet Work?
A Lucky 15 is almost similar to a Yankee except that the former includes singles. If you have four separate events that you wish to stake money on, then a Lucky 15 bet would be one way to get multiple combinations. It is in detail down below:
- Four Singles – A + B + C + D
- Six Doubles – A+B, A+C, A+D, B+C, B+D, C+D
- Four Trebles – A+B+C, A+B+D, A+C+D, B+C+D
- One Fourfold – A+B+C+D
You can bet Lucky 15 as win-only or each-way. The above example is a win-only wager. If you select an each-way Lucky 15 bet, then it would contain twice as many picks. Because you are betting on more than one wager, the stakes will be higher compared to wagering on individual bets.
For instance, if the unit stake is £1, then the cost of the whole bet would be £15 (£1×15 wagers). One thing to watch out for when you choose to bet Lucky 15 is the initial investment. This type of wager can be expensive due to the number of bets involved. For this reason, you should consider your budget carefully before using the system bet. A Lucky 15 bet is suitable for minimum odds of 1.50 (2/1).
Win With a Lucky 15 Bet
A Lucky 15 bet requires one selection to win to return a payout. However, you want to make sure that you win as many outcomes as possible. So, be careful with your picks. The more correct selections you have, the higher the payout will be.
Implement a strategy to help you maximise your winning probabilities. Look for selections that you believe have better odds of winning than the odds given by the bookmakers and diversify your bets. Manage risk, but play the odds.
Lucky 15 Bet in Horse Racing
Lucky 15 wagers are wildly popular in horse racing betting because it provides an opportunity to stake money on multiple events. For instance, you might have four horses at the Cheltenham Festival that you fancy – all at different races – Charisma, Thunderbolt, Pickles and Azure. You can opt to have 15 bets in these picks through win-only wagers or 30 each-way bets, and this will have you covered across the whole festival.
Lucky 15 Bet Example
Seeing the Lucky 15 bet explained as an example should give you a clearer idea of how the wagering method works
We put down a unit stake of £2 for each combination. So, our investment is £30. Then we backed Charisma at odds of 6/4, Thunderbolt at 3/10, Pickles at 9/4 and Azure at 7/5. In an instance where all our outcomes are correct, except for Azure, then the payout would be £66.43. If all selections win, then we would bring in £253.71 as the payout.
Our Conclusion to Lucky 15 bet
A Lucky 15 bet is worth your investment if you have four events to wager in and believe that a majority of the picks will turn out well. With a Lucky 15, you have the chance to earn a good win. The wager doesn’t always guarantee profits. One or two winning selections might not be enough to even cover your stake.
Ensure that you know the potential value of a Lucky 15 before betting. Leverage online resources like bet calculators so that you know what to expect.
FAQs to Lucky 15 Betting
Is a Lucky 15 Bet a good bet?
Yes, in the right circumstances, a Lucky 15 bet can be lucrative. As with other system bets, a Lucky 15 allows you to get payouts even if some of your predictions fail. This wager is a safe option when you are shooting for great profits but don’t want to risk your stake on a treble or conventional accumulator. If there are four selections that you have a good feeling about and want to try your luck on, then a Lucky 15 bet is worth the consideration. This wager is ideal for markets with short prices because it allows you to multiply the odds.
Is it worth doing a Lucky 15 each way?
If you are looking to increase the probability of winning a Lucky 15 bet, consider going each way. With each-wagers, you are staking money on selections to win or place. It means that you are covering two outcomes for each pick and therefore, the total bets rise to 30, thus increasing your stakes, as well. With each-way Lucky 15 bets, you can get a payout even if some of your selections take second or third positions. Going each way can work favourably for you when playing with long odds.
How many winners do you need on a Lucky 15?
When you bet a Lucky 15, you can get a payout if one of your picks succeeds. Thanks to the availability of singles in a Lucky 15 bet, you don’t need all the selections to pan out. If you were to bet a traditional accumulator, then the loss of one selection would mean losing the whole stake. Note that the returns depend on the number of wagers won.
What is the difference between a Lucky 15 and a Yankee?
Both the Lucky 15 and Yankee bets have the same structure because they cover four selections. The number of bets is the biggest distinction. A Lucky 15 bet system has 15 bets while a Yankee has 11. The extra wagers are due to the presence of singles. So, you can consider a Lucky 15 bet as a Yankee with single wagers. In both bets, you get six doubles, four trebles and a fourfold accumulator. Thanks to the singles in a Lucky 15, it only takes one winning selection to generate a return. A Yankee does not pass as a full cover bet because it does not have single bets to cover the other combinations.