Patent

What is a Patent bet?

A Patent bet is a type of multiple bet in sports betting that involves three selections and seven different bets: three singles, three doubles, and one treble. This type of bet is popular in horse racing, where bettors may choose three different horses to win, place, or show in three different races.

It is similar to a trixie bet, however, a patent bet also includes three single bets.

To place a Patent bet, the bettor would place seven bets covering all possible combinations of three selections. The seven bets would be three singles, three doubles and one treble.

The Patent bet offers a middle ground between a single bet and a multiple bet, as it allows the bettor to cover more outcomes than a single bet without the added risk of a larger multiple bet.

What is an example of a Patent bet?

Let’s say a bettor wants to bet on three different horses to win in three different races at a horse racing event:

• Horse A to win Race 1
• Horse B to win Race 2
• Horse C to win Race 3

To place a Patent bet, the bettor would place seven bets covering all possible combinations of the three selections. The seven bets would be:

• Three singles: one bet on Horse A to win Race 1, one bet on Horse B to win Race 2, and one bet on Horse C to win Race 3.
• Three doubles: one bet on Horse A to win Race 1 and Horse B to win Race 2, one bet on Horse A to win Race 1 and Horse C to win Race 3, and one bet on Horse B to win Race 2 and Horse C to win Race 3.
• One treble: a bet on all three horses to win their respective races.

If all three horses win their races, the bettor wins all seven bets. If only two selections are correct, the bettor wins one double and two singles. If only one selection is correct, the bettor wins one single bet.