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Permutation Betting is one of the most useful Low Risk Betting Strategy
Permutation Betting is similar to placing accumulators and betting on any form of multiple bets. This is because permutation bets involve placing multiple wagers on multiple selections.
Instead of placing several bets. It is possible to accumulate all of these bets into one bet. This way you will save a lot of time and it will be less difficult to track the bets you have made.
The complexity of these types of bets will vary from easy to understand to needing a calculator to work out your potential profit. Generally speaking, the more selections you choose the more need there will be to have several bases covered.
The act of placing a permutation betting involves placing several bets. Although, regardless of how many bets you are placing they will all be incorporated in one overall bet. Meaning that when we place a permutation bet, our stake will be multiplied by the number of bets our type of bet involves.
Meaning that if our bet involves 7 different bets and we stake $1 this will mean that our actual overall bet will cost $7. Therefore you will need to double-check your bet all the time.
When placing a traditional double bet or an accumulator all of the selections will have to win in order to return any money.
The beauty of permutation bets however is that only a few teams from your selections have to win in order to see some return. These bets can be used for many purposes and strategies but the most common way of thinking is that they protect bets and minimize risk.
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Tennis is a very good sport to use various betting permutations. The Tennis calendar is always full of events. This is great as there will always be a tournament available to bet on. To show you an example of how this all works we will display the odds of four selections. Then we will show you how they can be used for multiple permutation bets.
To Win Match | Odds |
Rafael Nadal | 1.5 |
Jon Isner | 2.0 |
Andy Murray | 1.6 |
Roger Federer | 1.25 |
Bets Available For These Selections | Amount Of Bets |
Doubles | 6 bets |
Trebles | 4 bets |
Yankee | 11 bets |
Fourfold | 1 bet |
Lucky 15 | 15 bets |
The amount of bets available from just four selections is already significant. If we were to place a double bet for example only two of our selections will have to be successful in order to see some return of money.
If we were to place a lucky 15 bet only one of our selections would need to win to see some return of money.
If any outside bets end up winning their matches you will be likely to receive a good return of money from your initial stake. If only the favorites win it is likely that you will recover a percentage of your losses depending on the odds.
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Now we are going to address permutation bets on football games. These are hugely popular among punters because they offer people a chance to make a huge amount of money from very small stakes. When placing these bets there are typically two philosophies that we can choose to employ. You can either bet on favorites and hope to improve your payout by hoping they all win. Alternatively, you can also bet on some sides with moderate to high odds if you want a chance of returning a lot of money.
Liverpool has odds of 1.4 to win their game at the weekend. If you were to place a single $10 bet on this selection you would be set to see a return of $14. Meaning a $4 profit. Another game happening that week involves Tottenham. The odds for them to win is 1.85. Meaning a $10 single bet would return $18.50 with a profit of $8.50.
If you were to place a double on both of these teams winning you will see a much better return if both teams win their respective matches. The odds for both of these teams winning is 2.59. Meaning that a double bet of $10 would return $25.90. This would be a profit of $15.90.
If you were to place a permutation bet, you will need to include at least one other team. Let’s imagine Manchester United has odds of 2.0. In this case. You can place a Trixie bet. This will be a bet that consists of 3 doubles and one treble. This means that you will return money if 2 of the 3 selections win. The more selections that win the more money you will make. If you were to back four teams to win, you could also place a lucky 15 bet. This way if only one match is successful you will see some return of money.
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Full cover bets consist of multiple bets that cover the number of selections. Meaning that if you just place one full cover bet many possible outcomes can result in a paid bet. Here are just a few of the most popular types of permutation bets.
Type Of Bets | Types Of Bets Involved | Number Of Bets |
Trixie bet | 3 doubles, 1 treble | 4 |
Lucky 15 | 1 fourfold; 4 trebles; 6 doubles; 4 singles | 15 |
Heinz | 1 sixfold; 6 five-folds; 15 fourfolds; 20 trebles; 15 doubles | 57 |
Super Heinz | 1 sevenfold; 7 sixfold; 21 five-folds; 35 fourfolds; 35 trebles; 21 doubles | 120 |
Some of these bets will appear complicated at first but in reality, permutation bets are there to minimize risk when betting on multiple selections. Seeing 120 different bets on your bet slip might seem overwhelming but it gives us a chance to see some return for our money.
For example, if we were to bet a straight accumulator on 8 events with reasonable odds the likelihood of winning this bet is very unlikely and the odds will reflect this. If one selection lets us down though it can be very frustrating to see no return of money despite our almost perfect prediction.
This is where permutation bets are very useful. They give us a chance to be nearly right and when we are exactly this there is potential for a huge payout.
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