The Advantages of Lucky 63 Bets

There are many different types of combination bets that can be used to try to take advantage of large odds and at the same time offer some protection against incorrect picks. Most often, these bets are associated with horseracing, though they are not limited to the sport. Punters will need to pick the winners of several races and if they are all correct, then the bettor may win a massive sum of money. If one or more picks are incorrect, then the bettor may still be able to win a sizable amount, or win back a portion of their original stake. As such, these combination bets are very attractive to punters.

As the name suggests, Lucky 63 bets are a combination of 63 bets of equal value on six separate selections. The bets in the combination are 6 singles, 15 doubles, 20 trebles, 15 four-folds, 6 five-folds and 1 six-fold. The lucky 63 bet is split into 63 separate bets, meaning that to place a $1 lucky 63 would need a stake of $63. Though this may sound like a lot of money, the potential winnings are truly massive.

If the six picks are called A, B, C, D, E and F, then the 63 individual bets are broken down as follows:

Singles (6)

A, B, C, D, E, F

Doubles (15)

A+B (1), A+C (2), A+D (3), A+E (4), A+F (5), B+C (6), B+D (7), B+E (8), B+F (9), C+D (10), C+E (11), C+F (12), D+E (13), D+F (14), E+F (15)

Trebles (20)

A+B+C (1), A+B+D (2), A+B+E (3), A+B+F (4), A+C+D (5), A+C+E (6), A+C+F (7), A+D+E (8), A+D+F (9), A+E+F (10), B+C+D (11), B+C+E (12), B+C+F (13), B+D+E (14), B+D+F (15), B+E+F (16), C+D+E (17), C+D+F (18), C+E+F (19), D+E+F (20)

Four-folds (15)

A+B+C+D (1), A+B+C+E (2), A+B+C+F (3), A+B+D+E (4), A+B+D+F (5), A+B+E+F (6) A+C+D+E (7), A+C+D+F (8), A+C+E+F (9), A+D+E+F (10), B+C+D+E (11), B+C+D+F (12), B+C+E+F (13) B+D+E+F (14), C+D+E+F (15)

Five-Folds (6)

A+B+C+D+E (1), A+B+C+D+F (2), A+B+C+E+F (3) A+B+D+E+F (4), A+C+D+E+F (5), B+C+D+E+F (6)

Six-fold (1)

A+B+C+D+E+F

In order to demonstrate with a simple example, we will assume that the odds for each of the individual picks are 3.80. In horseracing, it is possible to find odds as long as this on the horse that is considered the favourite, which means they have a good chance of winning.

If a $63 bet was placed and all of the favourites won their respective races, then the returns would be $12,229.59. Broken down it looks like this:

$1 x 3.8 x 6 = $22.80 for the singles

$1 x (3.8 x 3.8) x 15 = $216.60 for the doubles

$1 x (3.8 x 3.8 x 3.8) x 20 = $1,097.44 for the trebles

$1 x (3.8 x 3.8 x 3.8 x 3.8) x 15 = $3,127.70 for the four-folds

$1 x (3.8 x 3.8 x 3.8 x 3.8 x 3.8) x 6 = $4,754.11 four the five-folds

$1 x (3.8 x 3.8 x 3.8 x 3.8 x 3.8 x 3.8) = $3,010.94 for the six-fold

This is a massive win, though it requires all six predictions to be correct.

How Much Can I Win If One or More Selections Lose?

If one of the selections loses, then instantly 30 of the bets will be void, but there will still be 5 singles, 10 doubles, 10 trebles and 1 five-fold that will pay out.

This will bring a return of $2,547.04, which means that there is still a profit of $2,484.04.

If two selections fail to win, the returns will be $529.84.

If three selections fail to win, the returns will be $109.59.

If four selections lose, then the returns will only be $22.04, which means the bettor will be at a loss of $40.96.

If five selections fail, then only one single bet will pay out, which will be $3.80.

What is the Best Way to Use Lucky 63 Bets?

These bets work the best when the odds for each pick are high. In sports such as horseracing where there are multiple contestants, the odds are always longer than in sports where there are only two contestants. Even when betting on the favourites to win in horseracing, the odds can be quite high and therefore, the Lucky 63 bet becomes an attractive proposition.

Though it is difficult to pick the six winners across six separate races, if the favourite is picked in each race then there is a good chance that some, if not all, of the bets will win. While the aim is of course to try to pick the winner in six races, if the odds are high enough then a bettor can lose one or two bets and still make a considerable profit.