Betting school

Permutation Betting - All you need to know!

Permutation betting or as it is also known “combination betting” has some parts in common with multiple and accumulator bets, as wagers are placed on multiple selections at once. In a traditional accumulator all selections must come back winning for you to have a payout.

The way that Permutation bets are different is that not all selections need to win for there to be a payout. Essentially permutation betting works by placing a variety of overlapping doubles or triples in order to increase the chance of winning bets as only one pair of bets needs to come back for some return to be acquired.

How does permutation betting work?

Perms betting works by placing overlapping bets in order to minimise the chances of a complete loss whilst still allowing large wins. Rather than placing an accumulator where different teams on different bets are ALL required to win for you to achieve a return on your wager, permutation betting works by placing bets on several possible scenarios where you can still win, even with a losing leg of the bet.

Example A: Perm with two Selections

For this example we will use two football games ( So 4 different teams are involved) and in this example we believe Norwich will win Game 1 and in a separate Game 2 Aston Villa will win that match. In this scenario we will place a single bet for Norwich to win their game and a single bet on Aston Villa to win. As well as this we will have a double on them both winning.

From this you can see there are a variety of possibilities, should Norwich win but not Aston Villa you will receive only the winnings from the single Norwich bet. Alternatively should Aston Villa win but not Norwich only the Aston Villa winnings will be received. The best option is obviously that Norwich and Aston Villa both win where you will receive winnings from the double and both singles for maximum profit. Of course both teams can lose, and it is only this scenario where all is lost.

Below is an example of a potential 2 selection permutation

So the total bet cost you £30 in total for the three £10 bets. The possible outcomes profit wise are:

1. Norwich win, Aston Villa Lose = +£180 - (£10 + £10) so £160 Profit
2. Norwich lose, Aston Villa Win = -£10 + £32 - £10 so £12 Profit
3. BOTH Norwich win and Aston Villa win = +£180 +£32 + £788 so £1000 profit
4. BOTH Norwich lose and Aston Villa lose = -£30 loss

Example B: Four Selections

Four selections works in the same way only with a larger number of potential combinations available. For example from the 4 singles shown below.

There are 4 different betting permutations available, with between 4-15 individual bets (or lines as they are known). For example a “Lucky15” is composed of 4 singles, 6 doubles, 4 trebles and 1 fourfold. This gives a lot of different possible returns depending on the different winning combinations.

One of the huge benefits of using an online bookmaker is that these bets are all calculated for you without you having to waste time figuring it out yourself!

Full Cover Bets

A full cover bet is effectively any bet that covers the full range of multiple bets over the given amount of selections (which is from 3-8) Full cover bets function similarly to two and four selection games and have a massive amount of potential bets from 3 selections and 7 bets all the way up to 8 selections and a ginormous 247 individual bets which is an incredible amount! Full cover bets come in a huge amount of potential combinations all of which are listed below in their separate elements in the betting perms table

 Bet name Total selections Individual bets Total number of bets Patent 3 3 singles, 3 doubles and 1 treble 7 Trixie 3 3 doubles and 1 treble 4 Lucky 15 4 4 singles, 6 doubles, 4 trebles and 1 fourfold 15 Yankee 4 6 doubles, 4 trebles and 1 fourfold 11 Lucky 31 5 5 singles, 10 doubles, 10 trebles, 5 fourfolds and 1 fivefold 31 Super Yankee 5 10 doubles, 10 trebles, 5 fourfolds and 1 fivefold 26 Lucky 63 6 6 singles, 15 doubles, 20 trebles, 15 fourfolds, 6 five folds and 1 sixfold 63 Heinz 6 15 doubles, 20 trebles, 15 fourfolds, 6 fivefolds and 1 sixfold 57 Super Heinz 7 21 doubles, 35 trebles, 35 fourfolds, 21 fivefolds, 7 sixfolds and 1 sevenfold 120 Goliath 8 28 doubles, 56 trebles, 70 fourfolds, 56 fivefolds, 28 sixfolds, 8 sevenfolds and 1 eightfold 247

What is a lucky 63?

A lucky 63 is a bet consisting of 63 individual bets. Should you place a £1 bet on a lucky 63 the overall cost of that bet will be £63! A lucky 63 consists of 6 singles, 15 doubles, 20 trebles, 15 fourfolds, 6 five folds and 1 sixfold for a grand total of 63 bets (hence the name).

What does 12 to 1 odds pay?

12 to 1 odds would pay 12 times your initial stake as well as the stake. For example placing a £10 bet on 12/1 odds would lead to a £130 payout or £120 profit.

Can I bet on both teams to win?

Yes you can bet on both teams to win however, it isn't something we would recommend. The over round in place at every bookmaker would mean that even if one bet is value, it is virtually impossible for BOTH teams to be good value at the same time. You are better off identifying which is the value selection and just betting on that.

What is a 5 leg multi?

A 5 leg multi is simply a multiple bet with 5 parts each of which must be successful for you to win! A multi bet combines a series of singles into one wager. The available odds multiply with each additional leg of the bet. For each successful winning leg the stake is applied onto the next leg. All legs of the multi must win for you to receive your earnings however with higher risk comes higher rewards and the potential profits can be huge!

Post by: