What is a Trixie Bet?

There are many betting options available to players at Novibet. Most of these wagers are straightforward, such as betting on a team to win an event. However, others offer more complexity, which can help you land a winning bet. The Trixie bet is one of those options as it provides cover if one of your predictions does not come true. Below, we outline what is a Trixie and when is the best time to use this kind of wager.

We have already outlined some of the most popular wagers available at Novibet. That includes looking at each way betting and over/under wagers. However, these bets will only pay out if your prediction is correct. A Trixie bet involves placing multiple wagers, guaranteeing some returns if two or more of your guesses are accurate. While it can seem intimidating, you can use a Trixie bet on horse races, soccer matches, and even GAA events.

What is Trixie Betting?

Trixie betting offers more coverage than your traditional accumulator, which is why it falls under the category of cover bets. While an accumulator will fail if one leg of your wager does not come true, the Trixie provides players with multiple wagers instead of one big one.

For a Trixie bet to work, a player needs to make three selections at an online sports betting site. Your three picks will turn into four separate wagers. The four bets that make up a Trixie include three doubles and one treble. That means there are no singles in a Trixie bet.

The doubles represent all the winning combinations of the three events you chose. Whereas, the treble is all three of your selections bundled into a mini accumulator. That means if one event fails, you will still receive a payout. Plus, if every event comes true, you can enjoy significantly more profit than a straight-up bet.

A screenshot of the Novibet bet slip showing a Trixie bet

How Does a Trixie Bet Work?

Making a Trixie bet is straightforward, but there are a few steps you must follow. The option in the bet slip for a Trixie will not appear if you fail to make enough selections. Follow the steps below to ensure you make a valid Trixie bet.

  • Step One: Make three selections across the same sport. This can include three winners of different horse races, three soccer matches, or almost any event taking place across the globe.
  • Step Two: Once added to the bet slip, you have a wide range of options. For betting on horse races, you can choose each way betting, an accumulator, one of the many multiples, and so on. Choose the Trixie bet, and the bet slip will automatically organise your wagers into three doubles and one treble. If the Trixie does not appear, you can manually create it by adding three doubles and one treble.
  • Step Three: Adjust the size of your stake for each bet. As there are four different wagers in your bet slip, you must enter a stake for each of them. If you choose €1 per bet, the Trixie will cost €4 in total.
  • Step Four: Place your bet and wait for the results. To receive a payout, you need at least two of your predictions to be correct. If you want to receive the maximum payout, you must get all three events correct.

Remember, if each wager comes true, you will receive the winnings from four different bets. Our bet slip will calculate the returns as you adjust your stake.

Trixie Bet Example

Below we have an example that will help you understand how a Trixie bet works. Remember, you can use a Trixie on almost any sport available at Novibet.

Say you wanted to bet on soccer, specifically the UEFA Nations League. You select three games from the group stage: Croatia vs Portugal, Poland vs Scotland, and Spain vs Switzerland.

If you choose these fixtures, you will end up with four wagers in a Trixie bet. The four bets include three doubles and one treble. If you wanted to bet €20 in total, you would need to set €5 per bet. Which is outlined below:

  • Portugal and Poland to win (€5 at 19/10 = €36.25)
  • Poland and Spain to win (€5 at 6/4 = €18.38)
  • Portugal and Spain to win (€5 at 8/17 = €21.32)
  • Portugal, Poland, and Spain to win (€5 at 9/1 = €53.31)

Winning the doubles would return €75.96 and the treble would give you €53.31, which equals €129.26, including your stake. If one of your selections fails, your profit will drastically change. That is because if Portugal loses, then any double involving them will not return any money and neither will the treble. That means out of the four bets you placed, only one landed worth €18.38.

Why Use a Trixie Bet?

A Trixie bet is a fantastic option for anyone wagering on the outcome of horse racing, soccer, or even rugby events. This cover bet ensures that if two or more of your predictions are correct, you are guaranteed to receive a payout. This can be a more attractive option than an accumulator, as there is a greater chance of receiving a payout.

You should use a Trixie bet if you only want to make predictions across three events. Choosing more matches will make an accumulator more appealing thanks to the rewards. Also, you must use outright predictions for a Trixie bet. You can’t have Portugal to win and Spain to score three or more goals in this type of wager.

Pros and Cons of Trixie Bet

While a Trixie bet might not be the best option for every week of fixtures, it presents players with an excellent opportunity to bet with some form of insurance. Below is a list of some pros and cons to consider when placing a Trixie.

Pros Cons
Offers insurance if one leg fails Requires four times your stake
It can be more profitable than an accumulator You can’t choose multiple sports in one bet
Easy to understand Must use outright predictions for each event

 

As you can see, the benefits of the Trixie bet can outweigh the negatives if used correctly. Knowing what a Trixie bet is will help ensure you can use this wager effectively while trying to place sports bets. If you placed all the wagers in our example separately as a series of straight bets, you would receive much less in profit. That proves that Trixie has a purpose, especially if you are concerned one of your legs could let you down.

Trixie Bet vs Patent Bet

If you are familiar with cover bets, which is a better option, a Trixie or a patent bet? A patent has seven wagers in total, including the same four you will find when using a Trixie bet. The difference is a patent uses three singles for each fixture, as well as three doubles and one treble.

That means a patent bet will cost more to place than a Trixie. However, it will also result in a slightly larger payout, even if one of your legs lets you down. You will receive the exact winnings from one double and two straight-up bets rather than just one double from a Trixie.

Trixie Bet: What is a Double or Treble Bet?

While it can sound confusing, a double makes up most of a Trixie bet. If you chose two fixtures at Novibet, you could place a single bet on each team to win or combine them into a double. In this example, instead of placing two bets, you only place one, but it requires both teams to win. Adding more fixtures to your bet slip allows you to make more doubles, which helps provide some insurance in case one of your legs falls short.

An example of a Trixie bet using runners from horse races

When making Trixie bets, a treble is a small accumulator. While there is often no limit on the number of legs needed for an acca, the treble only allows three selections. For this bet to come true, you need all three of your picks to be correct. If any selection fails, the treble is a loser and you will not receive any money, just like an accumulator.

How to Calculate a Trixie Bet

The best way to calculate a Trixie bet is to use our bet slip. Add the fixtures you want to wager on and select the doubles and treble options. From there, you can manually adjust each stake and see how much the total bet will return.

Using Trixie Bets on Horse Racing or Soccer

You can make triple bets on a wide range of sports, but you can’t combine your options. If you want to place a Trixie bet on a horse race, you must ensure all three picks are for different horse racing events. The same applies to sports like rugby, Gaelic football, or soccer. You cannot mix and match wagers on multiple sports and you can only use outright predictions.

Trixie Bet Strategy and Betting Tips

Since you need to make three predictions to create a Trixie bet, it’s difficult to place the right wager. That is why we have some Trixie betting tips to help you create a winning strategy!

  • Take your time: Finding three fixtures is easy, but ensuring they are the most likely and most rewarding takes time. Don’t rush into a Trixie bet. While you can enjoy some cover if one of your legs fails, this often returns less than the value of your stake. Plus, if two or more of your predictions are incorrect, you walk away with nothing.
  • Check for bonuses: There are often plenty of promotions available at Novibet when betting on horse racing events. Combining a Trixie with a bonus can help you extend your profit margin or qualify for a free bet. Ensure you check the offers before placing a wager.
  • Check the Math: While it’s difficult to find the exact returns for each part of your wager, you can learn a lot from the bet slip. If your returns are coming out close to the value of your stake, then it might not be worth placing a Trixie bet, as you will need all fixtures to go right for a small amount of profit. If the odds are incredibly high, maybe you have chosen the wrong market.

The purpose of a Trixie bet is to avoid regret. As the wager offers players cover, it pays to combine multiple predictions into one bet. However, where this wager trumps an accumulator is in the security. Being able to place bets with less risk is entirely worthwhile. After all, if you make a tenfold accumulator that loses by one leg, you get nothing. But, if you make a Trixie and only one leg lets you down, you still get some winnings to enjoy!