Patent Bet Explained
Last updated: by Leon Marshal
A Patent bet is a type of wager in sports betting that involves seven bets on three different selections. It includes every possible multiple bet combination from those three selections (three singles, three doubles, one treble).
Best Bookies for Patent Bets
In the table below we compiled the best betting sites where punters can place Patent best on various sports. All our recommended bookmakers are licensed by the UKGC.
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 Patent bet options | 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 Patent 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 | 🥉 bet365 | 4.8/5 | Bet £10 Get £30 in Free Bets | Extensive Patent betting options | Visit Site! | Full T&Cs Apply! For new customers at bet365. Min deposit requirement. Free Bets are paid as Bet Credits and are available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&Cs apply. Registration required. 18+ Begambleaware.org |
What is a Patent Bet?
A Patent bet is a multiple system wager that covers three selections with seven bets. It is similar to a Trixie, except that a Patent bet contains singles. So, you get to punt on three different selections with a trio of singles, three doubles and a treble. Due to the presence of single bets, this wager is considered a full cover bet.
- Three Singles: One bet on each of the three selections to win.
- Three Doubles: One bet on each combination of two selections to win.
- One Treble: One bet involving all three selections to win.
It means that if the treble doesn’t win, then the singles cover it. For this reason, the Patent bet system needs only one of the selections to win to return some kind of payout. The wager covers all potential outcomes, which is one of its biggest selling points. When you have at least three selections that you fancy to succeed, you can consider a Patent bet. Note that you can only use the bet on different events. For example, you can’t stake money on three horses in the same race. The wager is common in horse racing betting. However, it applies to various other sports.
How Does a Patent Bet Work?
A Patent contains three single bets, three doubles and a treble. This type of system wager is suitable when gambling on markets with short odds. Patent bets are designed to generate a return even with a single winning selection.
- A, B, and C as singles
- AB, AC and BC as doubles
- A, B and C as the treble
- Get a return with only one correct combination
Patent bets can be either win-only or each-way. The above scenario is a straight win-bet. However, if you wish to increase potential payouts, you can go for an each-way Patent bet. In such a situation, you are wagering on your selections to win or place. Therefore, you will have twice the number of wagers, as well as double the total stakes.
Winning With a Patent Bet
Now that you have seen a patent bet explained, you might want to know how to win one and what type of returns to expect.
If one of the selections wins, then your Patent bet returns a portion of your stake. However, winning one selection will most likely not be enough to cover the original stake. With each winner, the payouts jump thanks to the doubles and treble.
If all three teams win, then you get the maximum return from the Patent. In the case of each-way Patent bets, if one team from the winning selections places, then you get returns according to the odds.
Patent Bet in Horse Racing
You can easily place a Patent bet if you intend to punt on three horses in different races. For instance, in a meet where you wish to back three picks – Karl Marx, Tour Des Champs and Seamus Mor – you can choose to spread the wagers in a Patent.
Therefore, you would cover all the combinations in three singles, three doubles and a treble. This bet is win-only. As with many sports, horse racing also allows each-way betting. If you find a bookmaker that is offering slightly more generous odds for the same selections, then an each-way Patent would be more lucrative.
Patent Bet Example
Seeing the patent bet explained with an example helps clear out any doubts that you might still have about how to use the system:
We place a Patent bet of £5, bringing the total stakes to £35. Our picks (to win) are for Karl Marx at odds of 11/10, Tour Des Champs at 11/5 and Seamus Mor at 2/1. If only our prediction for Tour Des Champs game is correct, then the return will be £16 (5 x 3.20 (11/5)). Considering the stake was £35, this payout is a loss. If we get another winning selection, for example, Karl Marx, then the returns would increase. Both combinations would fetch £60.10. Winning all the selections would give you a total of £255.40.
Our Conclusion to Patent Betting
The Patent bet is one of the simpler combination wagers that punters can use. It is worth considering a Patent bet when you intend to stake on multiple events. Combination bets are appealing because they boost the payouts significantly compared to single bets. With this type of bet, you can spread your risk such that if one selection fails. Compared to a traditional accumulator, a Patent bet system offers insurance on your treble.
FAQs to Patent Betting
How much does a Patent bet cost?
Patent bets cost more than standard wagers due to the number of bets. You have to multiply the price of a single bet with all the wagers that make up the multiple. In this instance, you have to multiply your stake by seven. For example, if you were planning on a £1 wager, then your total stakes would be £7 (£1 x 7). If you prefer to bet a Patent each-way, then the stake would double. With an each-way wager, you are betting on two outcomes across all choices. Hence, a £1 bet would cost £14. Note that as with other system bets, a Patent doesn't allow you to stake on separate picks.
How many bets are in a Patent?
A Patent bet consists of three singles, three doubles and a treble. In total, it contains seven bets that you have to make across three events. Due to the bet combinations in a Patent, the bet is ideal when looking to spread your risk. The presence of single bets in the combination means that if the treble doesn't win, you can still get a payout. In an each-way Patent, the number of bets doubles because you are betting on your choices to win or place. So, the wager has 14 bets.
Is a Patent a good bet?
As with any bet, a Patent can be lucrative in the right circumstances. You have to know when to place a Patent bet if you are to get the most value from it. The biggest advantage of this system bet is that it makes a treble more attractive. Wagering on a treble is exciting due to the prospective returns. However, a straight-up treble would require all the selections to win, or you lose your entire bet. With a Patent bet, the singles cushion you from that risk. If any of the selections win, then you get a percentage of your stake back. Despite the number of bets in this system wager, you don't need to put a lot of money down to guarantee a decent win. A Patent bet is also a good choice if the events you intend to bet on have short odds.
What is the difference between a Trixie and a Patent bet?
A Patent can be called a Trixie with single bets because the two wagers are not very different. Both combinations contain three doubles and a treble that cover three different selections. The distinction is the presence of singles in a Patent bet. Because a Trixie doesn't include singles, it has four bets while a Patent has seven. Due to the lack of singles, the treble in a Trixie bet is not fully covered. For this reason, you need two picks to win to get returns. Therefore, a Patent bet is more likely to pay out a return but in exchange, you will have to spend more than you would on a Trixie. Because the two system bets are quite similar, you should evaluate sports markets carefully before deciding the most suitable alternative.