So, what is a lucky 15 bet?
A Lucky 15 Bet is a bet that consists of four selections that are rolled up into fifteen bets, four singles, six doubles, four trebles and a 4-fold. A lucky 15 bet is a great way to cover four selections by backing all the selections as singles, doubles, trebles and the four-fold, so you still get a nice return from your bet if only 2 of your four selections win.
Punters like to use the lucky 15 bet as a great way to reduce risk but also as a way to maximise return when backing a handful of selections. This is also a good way to back some slightly longer odds selections that you have confidence in winning.
A lucky 15 bet is considered a full cover bet as each of your selections is covered by singles, doubles, trebles and the 4-fold.
Lucky 15 Bet Composition
You have four selections in a lucky 15 (1,2,3,4), below you can find a breakdown of how the bets are covered:
Singles: 1, 2, 3, 4
Doubles: 1+2, 1+3, 1+4, 2+3, 2+4, 3+4
Trebles: 1+2+3, 1+2+4, 1+3+4, 2+3+4
4-Folds: 1+2+3+4
As a lucky 15 consists of fifteen separate bets, if you were to put £1 on, your total stake would be £15 (£1 x 15).
What Is A Lucky 15 Bet Good For?
Due to the way the Lucky 15 bet is structured it is actually good for a lot of markets and is a very common type of bet for people betting on football.
I would recommend that you look for selections with odds around 2/1 (3.00) as this improves your chances of the bets winning and if you land 2 out of your 4 selections you will at least get your money back from the bet.
This would mean that Draw Betting and Asian Handicap Betting might be good candidates.
Lucky 15 Bet Example
As an example of a lucky 15 bet, lets imagine that you have backed Bristol City, Blackburn, Charlton & Leeds all to win with a -1.0 Asian Handicap and each selection has odds of 2/1 (3.00).
In this example you have placed £1 on the lucky 15 so your total stake is £15.
If only one of your selections wins, you will win one of your singles so your bet returns £3 (£1 x 3.00), this means you make a £12 loss on your bet.
If two of your four selections win then you win two of your singles (£3 x 2 = £6) and one of your doubles. If you multiple the odds of those two selections, in this case 3.00 x 3.00, you get odds of 9.00 for the double X your £1 on that bet means you get £9, add that to your singles to get a £15 return from the bet (£6 + £9 = £15) and break even.
If three of your four selections win then you win three of your singles (£3 x 3 = £9), three of your doubles (£9 x 3 = £27) and one of your trebles which in this case is at odds of 27.00 (3.00 x 3.00 x 3.00), so your £1 on the treble returns £27. Add this to the return you got on your singles & doubles and you have £9 + £27 + £27 = £63 return from your £15 bet…. Which is £48 profit.
If all four of your selections win then you win all combinations of your bets, 4 Singles (£3 x 4 = £12), 6 Doubles (£9 x 6 = £54), 4 Trebles (£27 x 4 = £108) and the four-fold which is at odds of 81.00 (3.00 x 3.00 x 3.00 x 3.00) so a £1 bet on the four-fold returns £81. Add all those together and you get a total return of £255 from your £15 bet, a total profit of £240.
Hopefully this article has helped you with your understanding of what is a lucky 15 bet.