A Lucky 15 is a popular type of bet that many people are using, but sometimes need a Lucky 15 calculator to determine their winnings beforehand. To be able to use it as properly as possible, we give you the required info on how to use it.
Lucky 15 Calculator
What is the Lucky 15 Calculator?
There is no shame in using a bet calculator to determine your expected winnings. A Lucky 15 bet is a type of wager that consists of 4 selections of 15 bets.
It involves 4 singles, 6 doubles, 4 trebles and a 4-fold accumulator. It is similar to Yap, but with the exception of Lucky 15 coming with an applied bonus if your selection wins or consolation if you only get a single winning selection.
Both the bonus and the consolation vary based on the bookmaker. But it is traditional to see a 10% bonus if your selections win and for the consolation to come with doubled odds if a single selection wins.
As you may see by yourself, things can get a bit complicated when determining the selections and the returns. So a Lucky 15 calculator can become your best friend as you can calculate your stake and returns before actually needing to place anything.
What are the Lucky 15 Bets?
A Lucky 15 type of bet involves making 15 bets on four different selections. You can bet on:
- 4 Single bets
- 6 Double bets
- 4 Trebles
- 1 four-fold accumulator
Being that single bets make up some of the selections of this type of bet, getting a single winning selection will allow you to get something in return. But a single win is not going to be enough to cover the cost of your stake.
The return of your Lucky 15 bet will depend on the number of winning selections. Also, the odds that are applied to each one of them.
Additionally, for the bonuses and consolations to apply to your bet, all selections that are a part of your race bet slip must run. They also only apply to the win part of an each-way bet.
A Lucky 15 bet is usually only possible on horse racing or greyhound racing. You rarely or almost never see it applied to other types of markets or sports.
How to Calculate Lucky 15 Bets?
The potential payout from a Lucky 15 bet can be huge, but only if you do everything right.
That is why you need to calculate everything correctly in advance. It is where a Lucky 15 bet calculator comes in handy.
However, if you are calculating it in a pedestrian way, you will need to learn a few things first.
For example, with a four-selection bet at odds of 4/1 and a stake of $1 (or $15 in total), your potential return might amount to $1,409.
Which may also include a 10% win bonus. What you basically get is a massive profit on a very modest stake.
What you are going to need to watch out for is the percentage bonus that the bookmaker is offering. Also, most of them add a consolation as well, which only enhances the appeal of these kinds of offers.
You will commonly see a 10% bonus and double odds on consolation. Meaning that the right combo may present a very interesting return for a player.