What Are Patent Bets?
The term “patent bet” derives from the concept of having exclusive rights or a “patent” on multiple betting combinations from your selected outcomes. The betting system originated from the need to create a more forgiving alternative to accumulator bets, where a single losing selection would result in total loss. By incorporating singles bets, patent bets provide a safety net that appeals to both cautious and aggressive betting strategies.
A patent bet is a sophisticated betting system that combines three selections into seven individual wagers: three singles, three doubles, and one treble. This structure ensures that even if only one of your three selections wins, you’ll still receive a return on your investment.Whether you’re a complete novice looking to understand the fundamentals or an experienced bettor seeking to optimise your returns, our patent bet calculator provides the precision and clarity you need to make informed wagering decisions.
How to use Patent Bet Calculators?
Our patent bet calculator streamlines complex calculations, enabling you to focus on selection quality rather than mathematical computations. Follow these simple steps to optimise your patent betting strategy:
Step 1: Set Your Unit Stake
Enter your desired unit stake in the “Unit Stake” field. Remember, this amount will be multiplied by seven for your total stake. Choose an amount that represents approximately 1-2% of your betting bankroll for responsible gambling.
Step 2: Confirm Bet Type
Ensure “Patent” is selected in the bet type dropdown. The calculator automatically configures for seven-bet patent structure.
Step 3: Select Odds Format
Choose between fractional or decimal odds based on your preference. UK punters typically prefer fractional odds (e.g., 3/1), whilst decimal odds (e.g., 4.00) offer easier calculation verification.
Step 4: Enter Your Selections
Input odds for each of your three selections in the designated fields. Take time to research and identify value bets rather than simply backing favourites.
Step 5: Set Win/Place Preferences
For each selection, choose whether you’re backing to win or place. Place betting reduces odds but increases winning probability, particularly valuable in competitive horse racing markets.
Step 6: Review Calculations
The calculator instantly displays your total stake, potential returns, and profit margins. Review these figures carefully before placing your bet.