The Lucky 31 Bet, as the name would suggest, is a wager with a number of moving parts. In fact, there’s 31 of them, to be exact.
A Lucky 31 Bet consists of the following 31 wagers – five singles, 10 doubles, 10 trebles, five four-folds, and a five-fold accumulator. That’s a lot of wagers.
If you can calculate all the machinations of a wager of that size in your head, we’re suitably impressed. Rachel Riley, co-presenter and resident maths genius on Countdown, might want to be looking over her shoulder. You could be coming for her job.
Fortunately, you don’t need a mathematics degree from Oxford like Riley in order to compute how much you’ll win if your Lucky 31 Bet comes in as a winning punt. Most betting sites provide Lucky 31 Bet calculators – try free at William Hill bookmaker – to do the hard work for you.
Calculating A Lucky 31 Bet
In order to calculate a Lucky 31 Bet payout, firstly, you’ll need to pick out the five horses that you think are going to win the five respective races you intend to play. You’ll also need the current betting odds on each of the horses.
Let’s say for sake of argument that the five horses you like are at win odds of 3/1, 2/1, 7/1, 5/1 and 10/1 over the five races you’ve chosen to play in your Lucky 31 Bet. Enter those numbers into the appropriate slots on the Lucky 31 Bet calculator.
Next, choose a stake. For the purposes of this example, we’ll go with a stake of £2 for each of the Lucky 31 Bet wagers. That works out to a total stake of £62 to cover all of the 31 wagers.
Were you to be fortunate enough to hit on all 31 wagers involved with the Lucky 31 Bet, at this stake and those odds the take home would be £36,2223.60. Add in the original stake that is also returned on any winning wager and the total return works out to £36,2285.60.
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Since the Lucky 31 Bet is such a wild wager, online betting sites often offer bonus funds to anyone willing to give it a punt.
It is commonplace for a sports betting site to provide a 20 percent bonus on the return if someone hits all 31 legs of the Lucky 31 bet. On the other hand, should just one of the bets hit, UK bookmakers will usually double the odds on that payout as a consolation prize to the bettor just for having a go.