What is a Heinz Bet?
A Heinz bet is a massive combination that consists of 57 bets of equal value on selections from six different events. The Heinz is made up of 15 doubles, 10 trebles, 15 four-folds, six five-folds, and one five-fold accumulator.
The Heinz bet was named after Heinz 57 sauce due to the 57 selections in the bet type. The mammoth wager is known as a full-cover bet. It combines each permutation possible of the six selections into one wager. Each selection you make on the Heinz bet has the same effect on the potential winnings. The order in which the selections are added to the bet slip does not matter.
You will often see Heinz bets made in horse racing, but the bet type can be deployed in other sports such as football and tennis. This gives you the chance to earn a return on multiple events. Let's explore the Heinz bet and how it works.
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Heinz Bet Explained
So, What is a Heinz bet? The Heinz bet is made up of 57 bets. The number of bets in a Heinz makes it a risky bet. You will need a minimum of two winning selections for the bet to return earnings.
The Heinz's trebles, fourfolds, fivefolds, and sixfolds mean two or more winners will increase your returns in large increments. The more multiple bets that win, the more money you stand to earn.
How Many Selections are in a Heinz Bet?
There are 57 selections in a Heinz bet. The bet can be broken down into the following:
15 doubles
20 trebles
15 four-fold accumulators
6 five-fold accumulators
1 six-fold accumulator
These combinations give you a total of 57 selections. A Heinz is an accumulator bet option but offers you more chances to win. A Heinz bet is not for a novice sports bettor. Due to the number of selections and the amount of money you stake on the wager, you should be an experienced sports bettor.
How do you Calculate Heinz Bets?
If you are looking for a quick and efficient way to calculate a Heinz bet, there are several online calculators and smartphone apps available.
How Does a Heinz Payout?
One key aspect of a Heinz bet is your stake. There are 57 bets involved in the wager, so a £10 bet would mean you must stake £570. You will need to pay attention to the total amount you stake because it can get out of hand quickly.
Online sportsbooks may allow payments of £0.50 or less per line. The great thing about an online betting calculator is that it will help you check your payout to determine if the wager is worth it. A Heinz betting calculator will also allow you to address the various permutations, minimum odds, and impacts when you place a Heinz bet.
How to Place a Heinz Bet
A Heinz bet can be placed on different sports; however, it is most commonly used in horse racing. Heinz bets on horses can be placed when numerous events are held on a single day or over a weekend. You may place a Heinz bet on football, horse racing, or greyhound racing.
You cannot place four horses in a Heinz bet on a single event. The bet must consist of six selections from separate races at six different events.
Is a Heinz Bet a Good Bet?
A Heinz bet is another option for placing an accumulator bet. It is a good bet if you believe your six selections will win. Even if all six selections don't come off, the Heinz can still return money if you made two accurate picks. Unfortunately, Heinz bets do not always return a profit, even if you select two winners. Therefore, you may need to select more than two winners for a Heinz bet to be worthwhile.
What is the Difference between a Heinz Bet and a Super Heinz Bet?
A Super Heinz bet consists of seven selections, which add up to a total of 120 bets. The 120 bets are made up of:
21 doubles
35 trebles
35 four fold accumulators
21 five-fold accumulators
7 six-fold accumulators
1 seven-fold accumulator
There are a total of 120 bets, which can lead the winner to incredible earnings. Unlike a traditional accumulator bet, in which you can earn a large payout from a small stake, the Super Heinz requires a large stake to be placed. The stake can put off many bettors, as the risk to reward is too high.
The stake on a Super Heinz is multiplied by all 120 bets. If you stake £3 on a Super Heinz, the bet will actually be worth £360. A £10 bet on a Super Heinz would have a final stake of £1,200. You need to be careful when making these bets because you could lose a lot of money quickly.
Is a Heinz Bet Better than a Lucky 63?
The Lucky 63 bet is a full-coverage version of the Heinz. Heinz bets do not include single bets, however, singles are a feature of the Lucky 63.
Lucky 63 bets are made up of 63 bets. These bets are of equal value and come from six different events. The bet is created by:
six singles
15 doubles
20 trebles
15 four fold accumulators
six five-fold accumulators
one six-fold accumulator
One of your selections in a Lucky 63 needs to be successful to earn a payout. If the multiple bets win, then your payout can increase significantly.
How much is a 10p Heinz Bet?
In a Heinz bet, a 10p stake would be multiplied 57 times, for a total stake outlay of £5.70. Once again, you need to be aware of the amount of money you stake, as it can increase quickly.
Heinz Bet Example
Let's look at an example of how a Heinz bet would work. In this case, you are placing a Heinz bet on six football matches on a Saturday afternoon.
Manchester City
Arsenal to defeat Southampton
Newcastle United to defeat Brighton
Manchester United to defeat Crystal Palace
West Ham United to defeat Leicester City
Chelsea to defeat Brentford
There would be 57 bets made on these selections, and if two selections win outright, a return would be made. If only the qualifying bet on one selection wins, no return would be made because there are no single bets in a Heinz.
The amount you receive as a payout will vary depending on the bets that are successful. If the six-fold accumulator won, then you would make more than on just one successful double. Sixfolds are far more difficult to pick than double bets, so the payout is more significant.
Based on the amount of money you can make from a Heinz bet, it is easy to see why bettors employ them. Your payout can increase quickly with a Heinz bet.
Heinz Bet in Horse Racing
Heinz betting is most commonly used in horse racing, but it can also be used in other sports, such as football or greyhound racing. In horse racing, you will need to make selections for six different races.
Each Way Heinz Bet
An each-way Heinz uses all 57 selections but wagers on them each way. It is an alternative to the basic Heinz bet. The stake is double the total stake of a Heinz bet.
Each way, Heinz bet allows you to earn a return on your selections if they are placed. Of course, you will also earn a return if your horse wins. This bet type gives you some insurance.
What Sports Can You Bet a Heinz?
Horse racing, football, and greyhound racing are the most popular sports in which you can use a Heinz bet. Sports in which six selections can be made from six different events enable you to make a Heinz bet.
Heinz Bet Strategies
Employing a Heinz bet enables you to cover several possible outcomes. It also allows you to make a significant amount of money in return.
One strategy used by bettors who use the Heinz bet is to stick to one sport. It isn't wise to combine different sports into a Heinz bet. If you are betting on football, then your Heinze bet should consist of all football matches.
What are Similar Bets to a Heinz?
There are similar and alternative bets to the Heinz. These similar bets include the Super Heinz, the each-way Heinz bet, the Lucky 63, and the Yankee bet. The Yankee bet differs from the Heinz as it has fewer selections.
What is a Super Heinz Bet?
A Super Heinz bet consists of seven selections, which add up to a total of 120 bets. The 120 bets are made up of:
21 doubles
35 trebles
35 four fold accumulators
21 five-fold accumulators
7 six-fold accumulators
1 seven-fold accumulator
There are 120 total bets, which can lead to incredible earnings. Unlike a traditional accumulator bet, in which you can earn a large payout from a small stake, the Super Heinz requires a large stake to be placed. The stake can put off many bettors, as the risk to reward is too high.
Can You Use Free Bets to Bet a Heinz?
It is unlikely that your online sportsbook will allow you to use free bets as a stake. For one, your stake may be much larger than the total amount of free bets credited to your account. However, your online sportsbook may sometimes let you pay the difference on the Heinz. For the most part, many sportsbooks only allow free bet credits stake for single wagers.
The Heinz is an incredibly large bet that can potentially pay a lot of earnings. However, there are many risks when making a Heinz bet. For one, your stake can rise quickly as it is multiplied 57 times across the entire bet.
A Heinz bet only requires two winning selections to earn a payout. However, you may need more than two winning selections to make a significant amount of money from the bet. There are also variations of the Heinz, allowing you to bet each way or to increase the odds of your selections. Once again, these have plenty of risks and rewards.
Finally, the Heinz bet is not for the novice bettor. If you are new to sports betting, it may not be the right time to explore it. However, if you have experience wagering and winning on sports, perhaps it is time to employ the Heinz bet.