Lucky 15 bets are very popular among those that love to bet on horse racing but, it is fair to say that their popularity is now growing in sports such as football. So, what exactly is a Lucky 15 bet? Well, keep on reading and the answers to all of your questions will be revealed.
What is a Lucky 15 Bet?
A Lucky 15 bet is another type of full cover bet. As you can probably guess, this type of bet is made up of 15 individual bets and there is usually a bonus win involved. This type of bet has become extremely popular because from 4 selections, all single and multiple outcomes are covered. This means that with such a bet the individual singles all the way through to the 4-fold accumulator is covered.
The big money with such bets comes from the cumulative odds in the multiples. Due to the fact that singles are included, you will need one successful leg in a Lucky 15 bet in order to pick up a win. However, in the majority of cases, if you only get one selection right it is highly unlikely that you are going to win enough money to cover the initial stake that you made.
Keep in mind
Please remember that as you are basically placing down 15 individual bets, your initial wager will always be multiplied by 15. The amount that you win with a Lucky 15 bet will depend on how many selections you get right and the odds of each selection.
Lucky Bet 15 Bonuses
When it comes to the bonuses that are added on, it is something that will vary between bookies. Therefore, always take the time to check with your particular bookie to see what bonuses they are offering for this type of bet. However, most of the time the bonus will stand at 10% of the profit that you made. In other words, if you make a N3,000 profit, the bookmaker will give you an additional N300 on top of your winnings.
The table below shows how a Lucky 15 bet is broken down:
Type of Bets
Number of Bets
Bookmakers That Offer to Place Lucky 15 Bets
Example of Lucky 15 Bet
By giving you an example of a Lucky 15 bet we can give a good illustration as to how all of the odds combine in the four different selections. The table below highlights which selection is responsible for what in the stake.
How to Place a Lucky 15 Bet
Lucky 15 bets can seem quite confusing to the beginner gambler, but with some practice and effort, you will be able to eventually get to grips with it. One thing that is not difficult about a Lucky 15 Bet is placing one. Below we have explained the steps that you will have to go through in order to place a Lucky 15 bet. After reading them, we are certain that you will agree with us when we say that it is not difficult at all.
- Open your sportsbook account and locate the betting page of the sport that you are thinking of betting on.
- Once you are there, find four things that you would like to bet on (maybe it is four horses or four football teams) and click on them so that they will then be added automatically to your betting slip.
- Once you have made up your mind, the next decision that you have to make is to decide how much money you are going to wager. Please keep in mind that the number you decide on will be multiplied by 15.
- When you are happy with your decisions, add this figure in the Lucky 15 bet box and submit the bet. You will then have just placed your first Lucky 15 bet!
Tips for Lucky 31 Bets
The cumulative feature of this type of bet allows players to select low odds. In the example that we gave above, Texas Ranger and Laughaloud have relatively high odds.
A $1 wager on that particular double gives odds of around 5.00, which is not too bad.
Then, the best strategy (since trebles are involved) is to pick a favourite which helps to form a strong anchor.
In the example above, Christopher Robin plays this role at odds of 1.90. A treble with odds of 2.25, 2.30, and 1.90 will give odds of around 10.00, which, once again, is pretty good. So, with this type of bet, the best strategy is to target success over a long period of time instead of going for huge odds in order to make a lot of money quickly.
Our View on Lucky 15 Bets
As you probably know, there are advantages and disadvantages no matter what betting type you are using. So, what are the advantages and disadvantages of a Lucky 15 bet? Well, we shall now take a look at some of them right now.
Well, as it is a full cover bet, it means that when you place this type of bet you will no longer be frustrated when you select some winning selections and get nothing in return. You might only get a tiny amount of money back at times, but that is better than losing all of the money that you staked on the bet. Sometimes, you might win enough to even be able to cover your wager.
On the other hand, if you make an accumulator and you go on to get 6 selections right out of 7, for example, you will win nothing at all – you need to be 100% right, there is no cover. Multiple bets such as Lucky 15 bets will cost more, but the chances of seeing a return are much higher.
Like with other multiple bet types, the main disadvantage that a Lucky 15 bet has is that your wager will always be multiplied by 15. Therefore, depending on what you want to wager, your final stake could be pretty large. For example, if you want to wager N,2000, the actual bet will cost you N30,000.
So, whenever you decide to make a Lucky 15 bet always check whether your increased odds of winning are really worth the much higher wager.