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How do you calculate a Lucky 31 Bet?
With a £1 Lucky 31 bet on 5 runners priced at 2.00 (running in different events), your maximum net profit would be £211 – a decent return for a £31 outlay. But generally speaking, although you get a return on just one winner, you will only move into profit with four and five winning selections.
So the disadvantage of a Lucky 31 bet can be the stake outlay required. And with a total of 31 bets, financing a Lucky 31 may seem expensive. Against this, of course, you qualify for a return after just one win.
The best way to assess your likely returns for the available odds is to use an online free Lucky 31 bet calculator. This allows you to explore different betting scenarios before you commit. Just remember to set up the appropriate Lucky 31 calculator option before entering your data.
Bet Breakdown
What is a Lucky 31 bet?
A Lucky 31 bet framework allows you to place 31 bets across five separate selections as a single wager. So at a £1 win-only stake your total outlay would be £31. How much you win depends on how many of your selections succeed, and at what odds. Your Lucky 31 bet includes single bets, so just one win is required to trigger a payout. However, the profit on one single bet will rarely cover your total stake outlay.
A Canadian bet explained: This (almost) full cover bet is essentially a step up from a yankee. With a Canadian bet there are 26 bets across five different events. Sometimes called a 'Super Yankee', this wager involves 10 double bets and 10 trebles, plus a four fold and a five fold bet accumulator. And to trigger a winning payout, at least two or more bets must be successful.
A Lucky 31 bet gives you: 5 single bets, 10 doubles, 10 Trebles, 5 four-fold accumulators plus one five-fold accumulator.