What Is a Lucky 31 Bet in Sports Betting?
There comes a time in sports betting when single wagers won’t cut it, and you want to up the stakes to enjoy higher rewards. If you’re currently at this point, check out what a lucky 31 bet is.
You place a multiple wager comprising 31 bets on 5 selections. It sounds complex in theory, but it plays out quite simply once you grasp it. Besides, you can always use a Lucky 21 Bet calculator to do the mental heavy lifting. This wager significantly increases potential returns, but it isn’t for every bettor or situation.
What Is a Lucky 31 Bet?
So, what is a lucky 31 bet? Put simply, it’s when you place 31 individual bets on 5 different selections. You don’t place random selections. The wager must include 5 singles, 10 doubles, 10 trebles, 5 four-fold accumulators, and 1 five-fold accumulator. If you wager £1 on a Lucky 31 bet, it would mean that you need a total stake of £31.
Still not sure what a lucky 31 is? As you can see, this wager covers many different combinations, which in turn, increases your chances of a return. Unlike a regular accumulator wager, where you lose the entire bet even if just one selection loses, you’re guaranteed to win at least something with the Lucky 31 Bet.
How much you win is based on the number of selections from the bet that wins and is paid out according to their respective odds. You would clearly need to stake more with this wager, but it remains popular because it offers bettors flexibility and the potential for higher returns.
How does a Lucky 31 bet work?
I’ve covered what a lucky 31 bet is, so let’s unpack how it works. This wager is ideal for sports like football with multiple events running across a day or weekend. You start by picking 5 different events, and then you place your bets as follows:
- 5 single bets: If any one of the selections wins, you get a payout.
- 10 double bets: Pairs of selections must win their respective events to get a return.
- 10 Treble bets: Three winning picks are required to get a return.
- 5 Five-fold accumulators: You need at least 4 winners out of 5 for a positive return.
- 1 Five-fold accumulator: If all 5 selections win, you get massive returns.
The good news is that the amounts paid depend on the selection that wins. So even if one selection wins, you still get your payout due to singles, although the overall return will be lower.
It follows that your returns increase with more winning selections, particularly those from doubles, trebles, and accumulators. The payouts for this wager are calculated by multiplying the odds for singles and accumulators.
| Bet Type | Number of Bets | Example Combinations | Description |
|---|---|---|---|
| Singles | 5 | A, B, C, D, E | Single bets on each selection |
| Doubles | 10 | AB, AC, AD, AE, BC, BD, BE, CD, CE, DE | Bets on every combination of 2 selections |
| Trebles | 10 | ABC, ABD, ABE, ACD, ACE, ADE, BCD, BCE, BDE, CDE | Bets on every combination of 3 selections |
| Four-fold Accumulators | 5 | ABCD, ABCE, ABDE, ACDE, BCDE | Bets on every combination of 4 selections |
| Five-fold Accumulator | 1 | ABCDE | Bet on all five selections combined |
How to Calculate and Place a Lucky 31 Bet
Bettors don’t have to wrack their brains trying to figure out their winnings with the Lucky 31 bet. A user-friendly Lucky 31 bet calculator is available for free and simplifies the betting process. All you do is enter the required information like your selections, odds, and stake. The calculator will work out your potential returns.
Some online betting promotions and offers target this fascinating wager, which you should totally take advantage of. The bonus can be a percentage boost on your payout if all your selections in the wager win. Most Lucky 31 Bet calculators allow you to insert the bonus percentage to calculate your potential returns.
When making your calculations, it’s important to understand the stake per line in relation to the total outlay. For instance, putting down 10p per line looks modest, but translates to £3.10 in terms of outlay. That’s more than you would wager on a single football wager.
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Advantages of a Lucky 31 Bet
You now know what a lucky 31 bet is, so let’s look at the perks of using it in detail. As mentioned, it’s a great wager for bettors looking to spread out the risk and capitalize on massive payouts.
Higher chances for a return
At most live betting sites, the highest number of selections you can place with an accumulator wager is 20. Plus, you combine them in a single wager. However, you can place a diverse range of up to 31 bets here. This increases your winning chances of getting at least a small payout, unlike with a standard accumulator with 31 selections.
1. Partial Success
Anytime you get the lucky 31 bet explained, you’ll see that it isn’t an all-or-nothing type of wager. You collect your winnings even from just one correct selection from the entire 31 bets. All selections don’t necessarily have to hit for you to win something.
2. Flexible bet type
The Lucky 31 bet wager isn’t restrictive and allows you to place your wagers on different sports and events. In fact, it’s wise to place selections on different events with this wager.
3. Bookmaker bonuses
The best betting platforms offer bonuses you can use on the Lucky 31 bet. A good example is an Acca insurance bonus, where you get your stake returned if only one selection wins.
4. Consistent rewards
You’re guaranteed some form of return, offering the safety of consistent returns even if just one wager is a success. On the flip side, if all your bets win with this wager, you walk away with massive wins.
Disadvantages and Risks
Just as this nifty bet has its upsides, we can’t rule out the downsides.
1. High total stake
This wager isn’t cheap, considering you’ll be placing 31 individual bets in one go. You need deeper pockets compared to how you would with a single wager. All 31 wagers can go up in smoke. You stand to lose a much larger amount compared to the fallout from a single bet.
2. Each Way bets excluded
Each-way bets are rarely included with this type of wager. These profitable wagers significantly amplify your payouts and secure a return even if you don’t get first place.
3. Not for every betting situation
You can’t use the Lucky 31 bet in all betting situations. It’s ideal on sports with multiple events running at any given time.
4. Complex wager
There’s a bit of a learning curve before you can fully understand this exciting wager. As a result, you may not find it on new betting sites. Also, you will need to be mindful about your stake management and overall bankroll practices.
Bigger returns
Forget the standard accumulator; the Lucky 31 Bet is the real deal. It increases your chances of bagging a return regardless of the other failed outcomes. As long as you’re confident that most of your selections will win, it’s the perfect wager to boost your potential payouts.
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FAQ
🍀 What is a Lucky 31 bet?
It’s when you place 31 individual bets across 5 different sporting events.
💡 Is it wise to place a Lucky 31 bet?
Yes, it is if you’re confident that most of your individual bets in the wager will pay off. You will get a payout even if all your bets don’t win.
🤔 Can I place a Lucky 31 each-way bet?
It depends on the bookie you join. Some allow it, and most don’t.
