What is a Treble bet?A guide to different bet types
Have you ever thought to yourself ‘What is a Treble bet?’ but not been certain how it works? Have a read of our explanation below.
A Treble bet is one of the more straight forward examples of different bet types. It is a bet that consists of three selections. If you wanted, for example, three short odds horses to win their respective races and wanted to increase the odds a bit, you could combine them into one bet, as shown in the example below.
Example of a Treble bet
Kauto Star to win at 5/1
Sprinter Sacre to win at 5/1
Deman to win at 5/1
If one of these selections loses, and you have placed a Win Treble bet, then your returns will be £0. If you place an Each Way Treble, they would both need to place or better to guarantee returns.
A £10 Win Double would be calculated as follows:
£10 x (5/1 + 1) x (5/1 + 1) x (5/1 + 1) = £2,160 return or £2,150 profit
Note: if you prefer decimal odds, it would be £10 x 6 x 6 x 6 = £2,240
Each Way returns
A £5 Each Way Treble (£10 total stake, 1/5 odds) would be calculated as follows:
If all horses won – £5 x (5/1 + 1) x (5/1 + 1) x (5/1 + 1) = £1,080 return followed by £5 x (1/1 + 1) x (1/1 + 1) x (1/1 + 1) = £5
Total return of £1,085 with £1,075 profit
If one horse wins and two place, or if all three place, the returns would be equal to the second part of the above bet – £5 x (1/1 + 1) x (1/1 + 1) x (1/1 + 1) = £5
Total return of £5 with £5 loss
If one selection loses, the bet loses.
There is something important to note with Each Way multiples. If you were to place an Each Way multiple (be it double, treble or ten fold – something that does not include permutations to cover all other parts of the bet such as Yankees, Lucky 31s etc) and all of your selections win, other than one who places, every selection in your bet will become 1/4 or 1/5 odds depending on the event. That means your odds will be slashed dramatically. Best to avoid very short odds selections in Each Way multiples.