Select Reset to calculate another Patent bet.
A sizeable return on investment that still saw Team C unable to win on the road but still showing the overall strength of the Patent bet. Of course, this does come with the caveat regarding the odds involved.
We place a Patent bet of £5, bringing the total stakes to £35. Our picks (to win) are for Karl Marx at odds of 11/10, Tour Des Champs at 11/5 and Seamus Mor at 2/1. If only our prediction for Tour Des Champs game is correct, then the return will be £16 (5 x 3.20 (11/5)). Considering the stake was £35, this payout is a loss. If we get another winning selection, for example, Karl Marx, then the returns would increase. Both combinations would fetch £60.10. Winning all the selections would give you a total of £255.40.
Many of the offer best odds guaranteed, which is something to factor in if you're working out the potential returns of a patent bet before placing it.
So, what is a patent bet compared to a Trixie?
We want to make a unit stake of £1.00 for each bet, so that’s a £7.00 wager in total. To make the patent bet, find the relevant football fixtures and click on each of those three teams in rotation. The online bet slip will now open up and it will show those three individual picks.
Bookmakers typically pay around 1/5 of the win odds for the place part of racing each-way bets, although this can depend on how many runners are involved in a certain race. It’s also important to remember that due to an each way patent bet covering double the amount of selections than a standard patent bet, the stake of an patent bet is also doubled.
A bet and a patent both involve making three selections. However, the distinguishing factor is that a trixie excludes single bets, constituting only four bets in total: three doubles and one treble. Choosing a trixie might be preferable over a patent when you’re dealing with three selections with shorter odds. This is because the payouts from the single bets in such a scenario would be comparatively minimal.
Whilst it is certainly possible to win bets at long odds, most people who bet on Patents tend to stick to simpler markets and selections. The majority of full cover bets (whether singles are included or not) tend to be placed on the main “to win” market in horse racing, or football staples like the match odds, both teams to score (BTTS) or over 2.5 goals.
However, you want to place an each way patent.
Typically, bookmakers pay approximately 1/5 of the win odds for the ‘place’ component of each-way racing bets. For instance, a £1 each-way wager (totalling £2) on a horse with 5/1 odds yields an even payout if your horse places. This means you’d get a £1 profit along with your £1 stake returned from the successful place bet.
There are 14 bets in an each-way Patent.
It is recommended to opt for markets like both teams to score or total goals when it comes to football patent betting. These markets attract better odds compared to the 1X2 market.
Select Reset to calculate another patent bet.
Seeing the patent bet explained with an example helps clear out any doubts that you might still have about how to use the system:
1xBet does not currently provide the each-way Patent betting option.
It’s a relatively simple process to place a patent bet. However, if you’re still not sure how to do this, we’ve provided a step-by-step guide on how to place a patent bet with , which is a great site to use for this type of bet, with everything clearly labelled.
If you want to place the bet each-way, make sure you select that.
For this example we will imagine we have backed a Patent bet with the three legs all at evens (not each way), we are having £5 per line so a total bet of £35.
Patent Bet Explained – What Is a Patent Bet
That said though, as with the others bets we have mentioned, when it comes to a Patent you can more or less use any sport or market you like. You can stick to one sport, mix and match, or even ignore sport entirely and opt for a specials bet, perhaps on reality TV, the Oscars or even what song will be Christmas number one. The odds can be as high or as short as you want and as with other types of multiples bet and accumulators, you can bet to win or opt to go each way.
What is a Patent Bet and how to Place them
Therefore, you would cover all the combinations in three singles, three doubles and a treble. This bet is win-only. As with many sports, horse racing also allows each-way betting. If you find a bookmaker that is offering slightly more generous odds for the same selections, then an each-way Patent would be more lucrative.
A patent bet is a collaboration of seven bets blended into one
Research the best is crucial before placing a patent bet and It's also worth remembering that you can usually use to maximise your returns.
What Does Patent Mean in Betting
So what is a patent betting example? As we mentioned earlier, this can come from any area of the sportsbook, but for the purposes of this guide we’re going to look at the football markets. Let’s head across to Spain and, on a specific weekend in the , we’re going to wager on Real Madrid, Villarreal and Granada all to win.
What is a Patent Bet? A Simple Explanation To How They Work
An each way patent bet consists of 14 selections in total, as each would be an each way one, which is double what a standard patent bet covers. An each way patent bet covers the ‘place’ part of the selections involved, which will provide even further insurance behind some of the selections included in the each way patent bet.