A lucky 15 bet is a bet consisting of fifteen different bets. If you have a winning lucky 15 bet, or want to know how much your lucky 15 bet will win if all your selections come in, then working out your winnings and returns can be tough! Save yourself the headaches and use our lucky 15 bet calculator instead!
Working out your winnings from a lucky 15 bet can be both difficult and time-consuming. Our lucky 15 free bet calculator will do all the hard work for you. You can do it your yourself with a calculator or – if you’re old school – pen and paper – but with our lucky 15 bet calculator – quickly work out your return without over-taxing your grey matter! Just plug in the relevant values and away you go!
Here is how to work out a lucky 15 bet the old-fashioned way:
First, here are your four horse racing selections, for a ‘win only’ lucky 15 bet of £15:
As if turned out, three of your chosen mounts were winners, but Micks Dream turned out not to be a dream selection, and trailed in fifth.
Here is how to calculate your lucky 15 winnings:
Singles
Doubles
Trebles
Accumulator
Total return: £80.96. Total profit: £65.96.
Of course, all that involves one hell of a lot of mathematics, particularly if all four of your selections have come in to win! Even if you are calculating potential winnings and returns, that is still a large number of calculations that you need to perform, with the possibility of multiple errors.
It is therefore much less strenuous and much more rewarding for you to use our lucky 15 free bet calculator instead. For one thing, it doesn’t make mistakes!
As its name suggests, a lucky 15 bet is a combined or system bet that consists of fifteen separate bets. You only need though a single bet amount in order to place a lucky 15 bet. Your stake will be split fifteen different ways, to cover all fifteen bets. You only need four selections for a lucky 15 bets, though.
Lucky 15 bets are most commonly associated with horse racing. You choose four different horses, and hope that all four are winners (unless you are placing a lucky 15 each way bet). However, not ALL horses have to win in order for you to get some return from your lucky 15 bet – it’s just that the more horses that win, the higher your returns from your overall bet. The maximum is of course if all four horses win.
You can use lucky 15 bets on other sports wagering disciplines such as football and in particular greyhounds. Indeed, you could use a lucky 15 bet on ANY sport, and indeed have four selections from different sports, however, not all online bookmakers in the UK will allow you to place a lucky 15 bet on any sport other than horse racing. In this case, you can construct your own lucky 15 bet by placing the singles, doubles, trebles and acca yourself.
To be exact about a lucky 15 bet, the 15 bets the overall bet contains are as follows:
Note that a lucky 15 bet is similar to a yankee bet. A yankee bet is also on four selections, but it does not contain any singles. A yankee bet is therefore 11 bets, which is four less than a lucky 15.
As you will notice, when you open up the bet calculator then are a number of options right along the top. To calculate a lucky 15 bet, make sure you have the ‘lucky 15’ button selected.
The first thing to select is your unit stake. This is the bet per unit, so divide your overall stake by 15 if you are not sure how much each separate unit is worth.
Next, select your odds format. There are three options – fractional, decimal or American. Choose the odds format you used when you placed your bet, or the odds format you intend to use.
The ‘each way’ button is mainly for horse racing betting. Choose ‘yes’ if you placed (or intend to place) an each win bet as opposed to a win bet.
Adding your selections
The next thing you need to do is to add the individual prices of each selection, followed by whether they won or lost (you need to include selections that lost to make the overall calculation accurate).
You will notice a final box on the right hand side of each selection. This is again for horse racing and is for ‘rule four applies’. Rule four applies when a horse races begins with one or more non-runners and so the odds have to be adjusted accordingly. Add the ruler four reduction (expressed as pence in the pound) for each race where it needs to apply to arrive at an accurate result.
Once you have everything the way you want it to be, click the calculator button and hey presto, your winnings (or potential winnings) and returns will be calculated for you, so you can put your calculator away!
Our bet calculators are extensive tools, and incredibly versatile too. One thing that puts some people off betting is odds representation as people can struggle to understand potential winnings. With our list of superb bet calculators, you don’t have to worry about re-sitting your maths GCSEs at all as our software does all the working out for you.
Here is a complete list of the best calculators that we currently have available to use:
You can really ramp up your winnings by adding free bets to your betting arsenal. If you want to know how much you stand to win from your free bet, then can use our free bet calculator to do just that.
Remember to check the terms and conditions associated with any free bet offer. You may have no need to use our free lucky 15 free bet calculator for a free bet, as you may not be able to use a free bet for a lucky 15 bet as systems bets are not allowed.
In addition, when you use a free bet and calculate its potential value with any of our free bet calculators, remember your free bet stake is seldom returned to you, should your bet be a winning one. In this case, only take note of what is returned in the ‘profit’ section of the calculator, and not the ‘returns’.