What Is a Trixie Bet? Detailed Explanation and How It Works
As one of the most popular betting formats, a lot of new punters have been asking: What is a Trixie bet? In simple terms, a Trixie bet is a type of multiple wager that covers three selections across four bets.
Unlike accumulator bets, where all selections must win for a payout, a Trixie only requires two winning selections for you to get a return. This makes Trixie a great option to consider for bettors who want to balance risk and reward. Continue reading this guide to learn more about Trixie Bet and some of its advantages and disadvantages.
What is a Trixie bet?
A Trixie bet consists of three different selections combined into four bets: three doubles and one treble. That means you’re not placing just one single bet, but rather spreading your stake across multiple combinations. For example, if you bet on the Los Angeles Lakers, Boston Celtics, and Golden State Warriors all to win their games, a Trixie bet would cover every possible double (Lakers & Celtics, Lakers & Warriors, Celtics & Warriors) and one treble (all three teams winning).
The good thing about this Trixie bet is that you only need two of your picks to win to see a return, unlike a traditional combo bet, where one loss means the whole bet fails. So, even if the Warriors fail, but the Celtics and Lakers win, you’d still get a payout on their doubles. Of course, the more teams that win, the more payout you get from your Trixie bets. This makes Trixie bets a decent choice to make when you’re confident about multiple outcomes but want a bit of a safety net in case things go south.
How does Trixie Bets work?
The major concept behind the Trixie bet is coverage. You’re staking more bets just to still get a chance of winning if only two of your selections come correct. Here’s a breakdown of how it works:
- Number of selections: 3
- Number of bets: 4 (3 Doubles + 1 Treble)
- Minimum winning requirement: 2 correct picks
- Bet structure: All bets are of equal stake
So, if you decide to place a $5 Trixie bet, your total stake will be $20 to cover all four tickets. It is very important to note that Trixie bets don’t include single bets. Also, I’ll be using USD ($) as an example here. But the logic applies to whatever currency you’re using.
How to calculate the Trixie bet odds or payout
Calculating the odds of Trixie bets is very straightforward and works almost the same way as other regular betting formats. Here’s a breakdown of how the Trixie bet odds work. If you’re also wondering what a Trixie bet is in football, this can also serve as an example:
Let’s say you predicted the following teams to win:
- Chelsea to win at 2.00 odds
- Barcelona to win at 1.90 odds
- Liverpool to win at 1.80 odds
A Trixie bet on these three selections will consist of four separate bets:
Three Doubles:
- Chelsea + Barcelona
- Chelsea + Liverpool
- Barcelona + Liverpool
One Treble:
- Chelsea + Barcelona + Liverpool
If you place a bet of $5, your total wager will be $20. Again, I’m only using USD as an example. The following table contains the outcome of your bets if all your selections come correct:
| Trixie bets | Total odds | Stake | Total payout |
|---|---|---|---|
| Chelsea + Barcelona | 2.00 x 1.90 = 3.80 | $5 | $19 |
| Chelsea + Liverpool | 2.00 x 1.80 = 3.60 | $5 | $18 |
| Barcelona + Liverpool | 1.90 x 1.80 = 3.42 | $5 | $17.10 |
| Chelsea + Barcelona + Liverpool | 2.00 x 1.90 x 1.80 = 6.84 | $5 | $34.20 |
Notice that none of the three doubles’ payouts is up to $20, which is the total wager of the Trixie bets. This means that whether or not you’ll make a small return on your stake if only two of your selections win largely depends on their odds. However, according to the table above, since all our selections come correct, all the bets win. So, the total payout would be $88.3. But then, if it’s only one of your selections that wins, you’ll lose the entire bet.
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Advantages of Trixie bets
Trixie bets are often featured on the most popular betting sites. Everyone has different reasons for liking them, but here are what I consider to be the advantages of the format:
One major advantage of Trixie Bet is its built-in safety net. Unlike traditional accumulator bets where all events must come correct for you to get a payout, Trixie bet provides a payout if only two of your selections win.
While Trixie bets offer protection, it doesn’t sacrifice your payout potential. If all three of your predictions come correct, you’ll win all three doubles plus the treble, which leads to a much larger total payout.
What Trixie bet is in horse racing is the same as it is in football, basketball, cricket, tennis, and so many other sports. The structure doesn’t change irrespective of the sports you’re betting on. The best part? You can even combine events from different sports into your Trixie bets.
Disadvantages of Trixie bet
Here are some of its disadvantages:
Higher total stake
One notable disadvantage of Trixie bet is its high total stake. For instance, for a $5 bet, you’d have to stake up to $20 to cover the Trixie bets.
No live bets
Another disadvantage of this Trixie betting format is that you can’t place it on any in-game wagering sites. You can only place pre-match Trixie bets because it wasn’t designed to work with live bets.
How to place a Trixie bet
Placing Trixie bets is very simple. You only need to create an account on a reputable betting site. Thankfully, if you’re looking for a fresh betting platform to try, you’ll find a good number of them on the banner of this page. Follow these simple steps to register an account and place your first Trixie bet:
- Use one of the banners on this page to visit a sportsbook available in your region
- Tap on your preferred site’s registration link
- Provide all the required details
- Verify your email address and make a deposit
- Go to the sports betting market and make your Trixie selection
- Enter your stake amount and complete your bet
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Pros and cons of Trixie bets
- Potential for higher payouts
- Safer than some alternatives
- Easy to understand
- Doesn’t cover live bets
Final thoughts: Is a Trixie Bet the right option for you?
In conclusion, if you’re looking for a betting format that offers some level of safety net, the Trixie bet is definitely worth considering. Unlike combo bets, where all your selections must win, Trixie is designed to allow you to get a payout even if one of your selections fails. However, while some of its notable downsides include a higher total stake and the inability to use it for live betting, these drawbacks may be outweighed by added safety. After all, only two bets need to be successful for your Trixie bet to give you a return.
Trixie bets are especially useful for punters who feel confident about three outcomes but want to reduce the risk of losing everything due to a single miss. You can try out Trixie bets by creating an account on any of the betting sites we recommend on the banner of this page.
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Trixie bets FAQs
❓ Does a Trixie bet include single bets?
No, Trixie bets do not include single bets. They only cover combinations of three doubles and a treble.
⚡ Can I place live bets using the Trixie format?
No, Trixie bets are only available for pre-match selections and are not supported for live betting.
💰 How many selections do I need to win to get a payout in a Trixie bet?
You need at least two correct selections out of the three to get a payout from a Trixie bet.
