Trixie betting is a kind of bet in sports betting that is gaining more popularity, recently. The widespread use of online sportsbooks and an increasing number of online casino users are favoring the online sports gambling markets. The latest reports suggest that there is more influx and traffic to the online sportsbook than ever.
Gen Z seems to be falling in love with all the online gambling fun. With all these happening around, different betting methods, various kinds of bets, and numerous betting strategies are reaching the peak of the latest trends. If we are to start talking about all that, we will not be able to stop talking for long hours. However, in this article, we will only look at the details of a particular bet, the Trixie bet in sports betting. You do not have to worry, because at our site you can find about all the different sports bets available out there.
Trixie Betting: What does that mean?
A Trixie bet is a multiple combination bet and it also goes by the name ‘Full Cover’ bet. When you are placing a Trixie bet, one such bet covers a total of four bets and three selections. The reason why most people love to place Trixie bets is that they have high odds of winning. Because you are not placing a single bet and are not counting on the outcome of a single bet for your winning.
The three bets in a Trixie bet include the following: three doubles combined into two sections plus one treble which is the combination of all three outcomes. You can see Trixie betting commonly in horse racing and also in football where it makes multiple bets.
It is true that Trixie bets have an increased chance of winning and a higher chance of getting a big payout. However, it is true that you have a higher risk when you are placing a Trixie bet.
What’s the working of a Trixie bet?
In a Trixie bet, there are 3 double bets and 1 treble bet. You can have three selections from the different events that will take place. Let us try to understand the workings of a Trixie bet with an example.
Imagine that you have made the three sections in the game. They are as follows: ‘X’, ‘Y’, and ‘Z’. Given that, your Trixie bet is what follows:
When your selections are X, Y, and Z, your three double bets are:
- 1st double bet is – X and Y
- 2nd double bet is – X and Z
- 3rd double bet is – Y and Z
When your selections are X, Y, and Z, your one treble bet is:
- Treble bet is – X, Y, and Z
For you to be estimated as a winner, a minimum of two of your selections need to win. You can also win when three of your selections have won. Winning three selections means that you win all the four bets. That is, you have won your 1 treble bet and 3 double bets. However, in order to get your money you do not need to win all three selections, you only have to win at least two of them.
Winning two selections means that, you have won a double bet. So, a question that arises in your mind is ‘What happens when you do not win at least 2 selections?’ If you do not win at least two of the selections and have won only one selection, it means that you have lost your bet and your bet money. If you did not win any three of the selections and lost all three of them, it also means that you lost the entire thing. In the latter two scenarios, you will not get any percent of the wager back.
Plus and Minus of Trixie Bet
A Trixie bet is selected by many. At the same time, many others consider it to be highly risky. Let us look at the good sides and the bad sides of Trixie bets in sportsbooks.
Plus Sides of Trixie Bet
- Highs odds of winning
In a Trixie bet, you don’t have to win all the bets that you place. You only need to win at least two of the selections to be considered a winner and to get your money back. Therefore, it can be said that Trixie bets offer you high odds of winning.
- Increased payout possibility
Placing a Trixie bet means that you stand a chance to win a high payout. If all three of your selections win, you get the whole amount plus extra back. Even if you win only two bets, you still get an amount. It may not be as high as the whole bet however, it can not be seen as low, as well.
- Saves money
Placing a Trixie bet helps you to save money. It is true that you need to place 4 bets. However, placing 4 bets in a single bet and three selections is far more cost-effective than placing four different individual bets.
- Flexible nature
Trixie betting has a flexible nature. It is not limited to any particular league or game. You can find Trixie betting across various games, leagues, and tournaments.
Minus Sides of Trixie Bet
- Huge betting amount
Since Trixie betting requires you to make three selections and place 4 bets, you will need to place a higher amount as the first wager. This one wager of the 4 combination bets can be higher than an individual wager that you usually place at casinos.
- Multiple case scenario
Trixie is a combination bet. Therefore, you need to rely on the outcome of more than one bet. Therefore, Some people consider it risky. Sometimes, you may win the most risky bet. However, if you lose the other three, then there is no way that you are going to win the bet.
- Lower returns
Some people think that Trixie bet might only provide you with a lower return. If you have placed two non-related individual bets in a sports casino, and if you win it, you will get an ‘X’ amount. However, the amount you get for winning two bets in the combination may be lower than this.
- Complex nature
If you are not a seasoned bettor, then you might find a Trixie betting complex. It requires you to focus on all three selections and four bets. Therefore, it can turn a little bit more complex than a single bet.
Read More: What is a Teaser in Sports Betting?
