What is a Treble Bet?
A Treble Bet is a type of wager that is common in the world of betting. It involves three selections in different events, all of which must be successful for the bet to win.
This type of bet is a single bet on three outcomes in different matches, rather than three individual bets. The key aspect of a Treble Bet is that it accumulates, meaning the winnings from the first selection roll onto the second, and then onto the third.
This can lead to substantial profits if all three of your selections are correct.
How are the winnings calculated for a Treble Bet?
The calculation of winnings for a Treble Bet is a straightforward process once you understand the method. It involves multiplying the stake by the odds of the three selections. Let’s take an example to illustrate this.
Suppose you place a £10 Treble Bet on three football matches, with the odds for the first match at 2/1, the second at 3/1, and the third at 4/1.
If all three of your selections win, here’s how your winnings would be calculated:
First, your £10 stake is multiplied by the odds of the first match (2/1), giving you £20. This amount (plus your initial stake, totaling £30) is then rolled over and multiplied by the odds of the second match (3/1), resulting in £90.
Finally, this £90 is multiplied by the odds of the third match (4/1), giving you a grand total of £360.
In essence, the potential winnings from a Treble Bet can be quite significant due to the rolling nature of the bet. However, it’s important to remember that all three selections must win; if even one selection loses, the entire bet is lost.