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What is Patent Betting in Horse Racing?

What is Patent Betting in Horse Racing?

What is Patent Betting in Horse Racing?

 | Monday 15th July 2024, 11:22am

Monday 15th July 2024, 11:22am

Betfred Education Guide

There’s so much more to betting than picking a solitary winner in a particular race, or sporting event. Imaginative possibilities abound – one of which is constructing a Patent bet.

What is a Patent? Kindly follow the next few paragraphs for the full lowdown. It’s very straightforward, and can bring an added, fun dimension to having a flutter. 

What is Patent Betting in Horse Racing?

First important bit. In a Patent, you are required to make THREE selections. We’re looking at Racing, so that could mean three from a particular card, or from different contests spread around the racing programme. You’re looking in an ideal world to find three winners, basically.

Now – what are the characteristics of a Patent, and how much is it going to cost? The number of bets in a Patent is SEVEN – so a £1 win Patent will cost – yes, £7. A 50p win Patent £3.50, a £2 win Patent £14, etc.

Why seven bets? Lets list them now, and imagine the horses are named A, B and C.  There are THREE DOUBLES (AB, AC, BC). ONE TREBLE (ABC). Also there are THREE SINGLES (A, B, and C).

So – we have 3+1+3 which added together gives us 7. A Patent consists of three selections, and SEVEN bets. If wishing to add an *each-way element (*win and place), merely double the stake. Just as a £2 each-way single bet would cost £4, so a £1 each-way Patent would cost £14.

A Patent is occasionally described as a Trixie with singles, just as a Lucky 15 for example is often referred to as a Yankee with singles. It’s all about choice and innovative ways to enable you to get more fun from your punting. For more information on the Trixie, Lucky 15 or Yankee for that matter, you’ll find helpful details within these Education articles.

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