What does a Treble mean in betting?
A treble bet is a popular option for football gamblers because it offers excellent value. This is especially the case when it comes to betting on the favourites. It is a higher risk bet that if it should win can bring in a good amount of money for the punter. However, the most significant risk is one of these selections losing, which would make it a losing bet. The benefit is if all three of them do win then you will be collecting a lot more money than you would have should you have placed them as individual bets.
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What is a Treble Bet?
It is the big brother of the double bet. You would select three options, before then putting your stake, as you would if it were a single bet. It’s very straight forward.
Treble Bet Example
You can add three firm favourites like Liverpool at 2/9, Southampton at 10/11 and Arsenal at 2/5. All would see a small amount of money returned should you put them on individual bets so that punters will add all of these selections into one bet. Instead of betting on them as singles, they become one big bet.
You can place your bet with a £5 stake, and that will cover all three selections. However, the risk of this type of bet is that if one of them picks loses, then the bet loses. Should you put £5 on these selections, you would win £16.33, which is much bigger than what you would get if you placed these bets as individual bets. The £5 on each of these selections would mean returns of £7 for the Arsenal win, and £9.55 and £6.11 from the Southampton and Liverpool choices respectively. This means that you will get £22.66 if you place these bets separately, meaning that £15 is the stake. If you put £15 on the treble, you would win £48.99. Trebles present a much better value for money bet.
How does a Treble each way work?
- Each-way Trebles are settled as two bets. A win treble, and a place treble. The win treble is resolved in the same way as above, and the place treble is similarly settled, but using the place odds instead of the win odds.
- Remember, place odds are calculated from the win odds by multiplying by the place factor, typically a quarter or a fifth. So, the place odds for 11/2 at a quarter of the odds would be 11/8, which yields a primary factor of 2.375.
- Where an each-way treble contains one or more selection that is only placed, then the win part of that accumulator is a loser, and you have to calculate the place part
- Example: A £2.50 each-way treble, with one winner at 5/1, and two placed runners at 13/2 and 8/1. In this example, all place odds are 1/5.
Advantages of making a Treble Bet
If you consider that earlier example of a treble, you will see that the selections above see a profit of £26.33 should you place a treble instead of the individual choices. There is a considerable advantage to placing treble bets, especially when betting on the heavily backed team. However, a bit of advice is that trebles become a lot riskier when you start putting more significant priced choices in them.
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