A patent bet is one of the group of coverall bets where you cover ever possible out come from a number of results. This bet can be placed when you have three possible outcomes selected and can be placed each way. You can get a return (possibly a loss) if just one of the three results comes in, the more you get right the more you win.
Patent bet explained
This bet consists of 7 bets in total so any bet you place online will be 7 times the stake you select. In basic terms the patent bet is as follows
Patent bet example
Selection 1 – 1/1
Selection 2 – 1/1
Selection 3 – 1/1
The Patent bet
Bet 1 – Selection 1 (single)
Bet 2 – Selection 2 (single)
Bet 3 – Selection 3 (single)
Bet 4 – Selection 1 and selection 2 (double)
Bet 5 – Selection 1 and selection 3 (double)
Bet 6 – Selection 2 and selection 3 (double)
Bet 7 – Selection 1, selection 2 and selection 3 (treble)
For this example we will imagine we have backed a bet with the three legs all at evens (not each way), we are having £1 per line so a total bet of £7. Obviously if none of the three win we will lose £7. If one leg wins then the return would be £2 representing a £5 overall loss, if two bets win then the return would be £8 making a £1 profit. If all three bets come in then the return would be £26 meaning a £19 profit, as you’d expect the return jumps a lot if you get all the results correct.
FAQs about the Patent
What if I have any other questions? If you have any betting related questions at all you can contact us on twitter @bettingappscom
How do I find this bet on Sky bet? On Sky Bet you will need to use the drop down box for multiples to find the patent bet and all their other multiple bet options.
Can I place a Patent bet each way? Yes where the each way markets are available you can use all multiple bet options each way.
What is the trixie bet? Read our explanation on the trixie bet from the button below.