As known from:
The SunFootball365Sportskeeda
Alerts
Latest Deals
betting.net
betting.net
betting.net
betting.net
FanDuel
Write a Review
Write a Review
Bet365
BetMGM
FanDuel
Caesars
BetRivers.com
Nothing Found
About betting.net
  • Betting.net on YouTube
  • About betting.net
  • The betting.net Crew
  • How We Rate
  • Play Responsibly
  • Contact us
  • Writers Wanted
  • Content Disclaimer
  • Affiliate Disclosure
    Alerts
    Latest Deals
    betting.net
    betting.net
    betting.net
    betting.net
    FanDuel
    Write a Review
    Write a Review
    Bet365
    BetMGM
    FanDuel
    Caesars
    BetRivers.com
    Nothing Found
    About betting.net
    • Betting.net on YouTube
    • About betting.net
    • The betting.net Crew
    • How We Rate
    • Play Responsibly
    • Contact us
    • Writers Wanted
    • Content Disclaimer
    • Affiliate Disclosure
    Betting.net / Betting Terms A-Z / P / What is a Patent Bet? Patent Bet Explained for New Horse Racing Bettors

    What is a Patent Bet? Patent Bet Explained for New Horse Racing Bettors

    David Genge
    David Genge
    Editor
    Loading ...
    Publish Date: March 31, 2021
    Fact checked by: Jesse M Cox

    A patent bet is a form of bet which combines seven different bets involving three selections across three different events. By placing a patent bet at a top bookmaker, a bettor is in effect making three single bets, three double bets and one treble bet. The appeal of a patent bet lies in the fact that if just one of the choices is successful the bet will deliver a pay out, whereas if all parts of the bet come off, the profit from a fairly small stake can be substantial.

    Sportsbooks that offer Patent Bets

    Bet365
    4.6/5
    Bet365 Review
    Bet $5 Get $150 or $1000 First Bet Safety Net
    Bet now
    Whatever the sport. Whatever the moment. It’s Never Ordinary at bet365. That’s why if you sign up now you’ll get the choice of two great New Customer Offers, the First Bet Safety Net up to $1000 or Bet $5 and Get $200 in Bonus Bets. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply.Gambling Problem? Call 1-800-Gambler 21+
    BetMGM
    4.6/5
    BetMGM Review
    Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
    T&Cs apply, 21+
    Bet now
    FanDuel
    4.5/5
    FanDuel Review
    Bet $5 Get $300 in Bonus Bets if you win
    T&Cs apply, 21+
    Bet now

    How is a Patent Bet used in Horse Racing?

    The best way to explain the working of a patent bet is to give an example:

    A patent bet is placed on the following horses – Lucky Lad, running in the 2.15 at Chepstow, King Boris, running in the 3.15 and Speed Merchant, running in the 4.30. Lucky Lad is running at odds of 12/1, King Boris at 5/1 and Speed merchant at 25/1. A stake of £2 for each bet will cost £14 to place, since there are 7 bets in total. The possible permutations, if the bet is placed as a single rather than each way bet, are as follows:

    Only Lucky Lad wins – pay out of £26 and a profit of £12

    Only King Boris wins – pay out of £12 and a loss of £2

    Only Speed Merchant wins – pay out of £52 and a profit of £38

    Luck Lad and King Boris both win – pay out of £194 and a profit of £180

    Luck Lad and Speed Merchant both win – pay out of £754and a profit of £740

    King Boris and Speed Merchant both win – pay out of £376 and a profit of £352

    All three horses win – pay out of £5290 and a profit of £5276

    As can be seen, a patent bet offers the chance of sizable winnings from a fairly small stake, and, unlike an accumulator, it doesn’t need every part of the bet to come off for some type of pay out to be guaranteed. Another way to profit from a patent bet is to combine it with one of the sports betting site bonuses.

    See Also:

    Trixie Bet

    Multiples

    Combination Bet

    Read Also
    What is Winning Bet? Winning Bet Explained in 2 minutes
    Put simply, a winning bet is what every bettor is hoping for ...
    What is Highest Checkout? Highest Checkout Explained in 2 minutes
    Want to know what a highest checkout bet is? You should do ...
    BetMGM Promo
    What is Full Cover? Full Cover Explained in 2 minutes
    Full cover is the name given to a bet which features multiple ...
    What is Four Fold? Four Fold Explained in 2 minutes
    A four-fold is the name given to a type of accumulator which ...
    What is Treble 20? Treble 20 Explained in 2 minutes
    A treble 20 is the highest score possible with one dart. A ...
    Top Betting Sites
    Top Betting Bonuses
    Bet365
    4.6/5
    BetMGM
    4.6/5
    FanDuel
    4.5/5
    Caesars
    4.5/5
    BetRivers.com
    BetRivers.com
    BetRivers.com Review
    4.5/5
    Bet365
    Bet365 Bonus
    Bet $5 Get $150 or $1000 First Bet Safety Net
    T&Cs apply
    4.6/5
    Whatever the sport. Whatever the moment. It's Never Ordinary at bet365. That's why if you sign up now you'll get the choice of two great New Customer Offers, the First Bet Safety Net up to $1000 or Bet $5 and Get $200 in Bonus Bets. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply.Gambling Problem? Call 1-800-Gambler 21+
    BetMGM
    BetMGM Bonus
    Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
    T&Cs apply
    4.6/5
    FanDuel
    FanDuel Bonus
    Bet $5 Get $300 in Bonus Bets if you win
    T&Cs apply
    4.5/5
    Caesars
    Caesars Bonus
    First bet back as a bonus bet up to $1000
    T&Cs apply
    4.5/5
    BetRivers.com
    BetRivers.com Bonus
    Second chance bet: Get up to $500 in Bonus Bets
    T&Cs apply
    4.5/5
    Our Team
    David Genge
    David Genge
    Editor
    Jesse M Cox
    Jesse M Cox
    Chief Editor
    Alyx Tzamantanis
    Alyx Tzamantanis
    Editor
    Simon Briffa
    Simon Briffa
    Sports Editor
    James Leeland
    James Leeland
    Editor
    Author Icon
    Marcus
    Content Writer
    mikegoodpaster
    mikegoodpaster
    Head Content Writer
    Get the latest updates in Sports and Casino via our Newsletter
    Poker & Bingo

    Full coverage of poker and bingo, from reviews of providers to guides and much more besides!

    Grab a Deal

    The latest bonus offers from the top providers;  we cover all the deals you need to know about!

    Betting in US

    Online Betting finally hits the United States. Check out the most interesting States right now.

    About betting.net

    You have any questions or need to get in touch? Below everything you need to know about betting.net.

    21+ and present in VA. Gambling Problem? Call 1-800-GAMBLER.

    Trading financial products carries a high risk to your capital, especially trading leverage products such as CFDs. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

    This site is using Cloudflare and adheres to the Google Safe Browsing Program. We adapted Google's Privacy Guidelines to keep your data safe at all times.
    Virginia Town HallCloudflareSSLco² neutral