Five Fold Bet Explained
A Sixfold bet is exactly what you imagine it to be – a single bet consisting of six different elements, all of which have to be predicted correctly in order for you to win.
If you have experience of accumulator bets already, then this is just another type with the addition of more stages. If you’re new to it, then read on for more detail and an example of how to place a Sixfold bet.
With horse racing accumulators, if your bet includes six horses to win and one is eventually declared a non-runner, the accumulator is downgraded from a six-fold bet to a five-fold bet, with your potential winnings downgraded to the combined odds of the remaining five selections.
What Is A Sixfold Bet?
- The bet includes 6 singles, 15 doubles, 20 trebles, 15 four-folds, 6 five-folds and a six-fold accumulator. If only one selection wins, returns are paid to five times the odds. If five of the selections win, a bonus of 20% is added to total returns. If all six selections win, a bonus of 33% is added to total returns.
- Here, you can see the four fold bet explained, and we will also provide some tips on how you can make this type of betting work for you. By the end of the article, you should have a good idea about how does a four fold bet work, and should feel confident enough to be able to place one at an online bookie.
The Sixfold bet is most often seen in horse racing betting, particularly where a meeting has six races.
In that case, those betting have to predict the winner of each race (or a horse that will be placed in each race, if you choose the ‘each way’ option), with the selections being made before the start of the first race.
Assuming your first selection wins, the winnings are then automatically placed as the stake on the next selection. To win, all six predictions have to be correct, so if you get just one wrong then the overall bet loses.
This type of bet can of course be placed on any other sport or combination of events as long as you can get 6 together.
Five Fold Bet Explained Two
Sixfold Betting Example
The way it works is really very simple, as can be seen by the example below:
You place a £1 Sixfold with your chosen betting site. Your stake can be whatever amount you like, but it’s often just a small amount as even these have the potential for big profits.
In the first race, you choose horse A at 5/1, so your £1 stake goes on that. It wins, so your £6 return is used as the stake on your next selection instead of being handed back to you.
In the next race, you chose horse B at 3/1, and it also wins. You now have £24 as the stake on the third race.
For the third race, your £24 is on horse C at 4/1. Assuming it wins, the return and the value of the stake on race 4 is £120.
So race has £120 staked on horse D at 3/1. This will return £480 when it wins, giving you the stake for race 5.
£480 goes on horse E at 2/1 next. It wins again, so the return of £1440 is used as the stake on the sixth and final selection.
For race 6 then, the stake is £1440 on horse F at 4/1. This means that when it wins, you have a massive return of £7200, all from your original £1 stake.
Have a go at your first Sixfold bet today on Betfred and claim their awesome new customer offer.
How to Place a Six Fold Bet
Assuming you are using a website like Betfred, your procedure should be roughly as follows:
1) Log in and fund your account if you need to, taking account of any minimum bet requirements for your preferred bookie.
2) Choose the sport from the menu on the left of the screen.
3) Choose the relevant events from the list provided by clicking the box next to them, so a tick appears.
4) Click the pen icon on the right.
5) Make your selection for each of the six events by clicking on the odds – this will add them to your coupon.
6) Look at the betting slip on the right of the screen, and expand the ‘Multiple Bet Options’ list by clicking on it.
7) Select ‘Sixfold’ from the list, and click ‘confirm bet’ to place it.
Never placed a Sixfold bet before? I suggest you head over to Betfred.com it’s a really easy site to use.
Risks & Rewards of Sixfold Bets
The rewards of getting a Sixfold bet correct are obvious, as from very small initial stakes you can generate some huge profits.
Five Fold Bet Explained Odds
The downside, of course, is that with six choices to make the chances of something going wrong are increased and you will find you get a much lower strike rate than if you were placing single bets.
Patience is key, as you might have to endure long losing runs before you get a winner, although as it only needs small stakes the financial risks can be kept to a minimum.
If you are betting on horse racing and feel cautious, you can do the ‘each way’ route and choose each way bets rather than outright wins. This choice is slightly safer, and will result in a higher strike rate but give lower returns as you will only get the ‘place’ odds for each selection.
There are many betting types to choose from when placing a wager. From singles to multiples, we have a list of some of the most popular types of bet.
Betting Types
Single
Arguably the most common betting type. A straight win bet, placed on a single event.
Double
A single bet on two outcomes in different events. Both selections must win to guarantee a return.
Treble
What Is Five Fold Bet
A single bet on three outcomes in different events. All three selections must win to guarantee a return.
Accumulator
An accumulator comprises of four or more selections in one bet. All of the selections must win to guarantee a return.
Trixie
A bet comprising three selections and four bets – three doubles and a treble. A minimum of two selections must win to guarantee a return. For example, a £2.50 Trixie would cost £10. A £2.50 each-way Trixie would cost £20.
Patent
A bet involving three selections and seven bets – three singles, three doubles and one treble. It is the equivalent of a Trixie but with the addition of three singles. For example, a £2.50 Patent would cost £17.50.
Yankee
A bet consisting of four selections and 11 bets – six doubles, four trebles and a fourfold. A minimum of two selections must win to guarantee you a return. For example, a £2 Yankee would cost £22.
Lucky 15
A popular betting type among punters, it consists of four selections and 15 bets (hence the name) – four singles, six doubles, four trebles and a fourfold. Equivalent to a Yankee but with four singles, and only one selection must win to guarantee you a return. For example, a £2 Lucky 15 would cost £30.
Canadian
Also known as a Super Yankee, a Canadian is a bet on five selections consisting of 26 bets – ten doubles, ten trebles, five fourfold’s and a five-fold accumulator.
Lucky 31
A wager consisting of five selections and 31 bets – five singles, ten doubles, ten trebles, five fourfolds, and one fivefold. Only one selection must win to guarantee you a return. For example, a £1 Lucky 31 would cost £31.
Super Yankee
Also known as a Canadian, a Super Yankee is a bet on five selections consisting of 26 bets – ten doubles, ten trebles, five fourfolds and a fivefold accumulator.
Heinz
The Heinz bet is a six-selection bet consisting of 57 bets: 15 doubles, 20 trebles, 15 fourfolds, six fivefolds and a one sixfold accumulator. Aptly named after the 57 ‘varieties’ company slogan from Heinz, this 57 bet wager is a unique bet that combines every permutation of the 6 selections into one single wager.
Lucky 63
A Lucky 63 is a bet featuring six selections and 63 bets, including: six singles, 15 doubles, 20 trebles, 15 fourfolds, six fivefolds and one sixfold.
Super Heinz
The Super Heinz is a bet on seven selections taking part in various events consisting of 21 doubles, 35 trebles, 35 fourfolds, 21 fivefolds, seven sixfolds, and a sevenfold accumulator which totals a huge 120 bets. Two selections must win to ensure any returns.
Goliath
A Goliath is a bet on eight selections taking part in various events consisting of 28 doubles, 56 trebles, 70 fourfolds, 56 fivefolds, 28 sixfolds, eight sevenfolds and an eightfold accumulator totalling 247 bets. Two selections must win to ensure any returns.
Alphabet
This is a bet on six selections composed of 26 bets: two patents (14 bets), one yankee (11 bets) and a sixfold accumulator (one bet).
Single Stakes About
A Single Stakes About is an Any To Come bet consisting of two selections from events, these are then compiled to produce two bets derived from two singles. Any return on each single (up to the original stake amount) is used to fund a further single on the other selection.
Double Stakes About
A Double Stakes About is an Any To Come bet consisting of two selections partaking in different events, which are compiled to produce two bets derived from two singles. Any return on each single, up to double the original stake amount, is used to fund a another single on the other selection.
Round Robin
The Round Robin is a three selection wager compiled of ten bets: three doubles, one treble and three up-and-down single stakes about pairs.
Flag
The ‘Flag’ wager is compiled of: six doubles, four trebles, one fourfold and six Up-And-Down SSA Pairs
Super Flag
The ‘Super Flag’ is compiled of: ten doubles, ten trebles, five fourfolds, one five-fold and ten Up-And-Down single stakes about pairs
Super Heinz Flag
The ‘Super Heinz Flag’ is compiled of: 21 doubles, 35 trebles, 35 fourfolds, 21 fivefolds, seven sixfolds, one sevenfold and 21 Up-And-Down single stakes about pairs
Goliath Flag
The ‘Goliath Flag’ is compiled of: 28 doubles, 56 trebles, 70 fourfolds, 56 fivefolds, 28 sixfolds, eight sevenfolds, one eightfold and 28 Up-And-Down single stakes about pairs
Union Jack
“The Union Jack consists of eight trebles from nine selections. Groupings are determined by laying out the selections in a 3×3 grid. This forms three horizontal trebles, three vertical trebles and two diagonal trebles.”
Forecast
A straight forecast is correctly predicting the finishing order of the horses in first and second in a race.
Each-Way
“An each-way bet is a two-part bet, with half the stake going on the selection to win and the other half on the selection to place. It costs double that of a traditional win bet and will yield some sort of return if the selection wins or is placed.
For example, you place £5 each-way (£10 in total) on a horse priced at 8-1 with a bookmaker offering 1/4 odds for three places. If the horse places you will receive £15, but if the horse wins you will collect £60 (£45 for the win and £15 for the place), both returns including the original stake.”
Reverse Forecast
A reverse forecast is correctly selecting the first two horses but in no particular order.
Match Bet
Mаtched bеtting is a bеtting technique used by individuals to profit from the free bets and incentives offered by bookmakers.
Placepot
The Placepot is another favourite for racegoers. Select a horse in each of the first six races at a specific racecourse on a single day, and if that horse finishes in the placings you win a share of the total pool. One unplaced selection and the bet is off!
Jackpot
Quite possibly the hardest bet to win. Correctly predict the first six winners at a specific racecourse on a single day to win a share of the pool. One wrong selection and the bet is off!
If you want to work out your winnings from a multiple bet such as an accumulator, we recommend you use a betting calculator to do it for you. See our list of betting calculators here.