What is an Alphabet Bet? | Complete Guide to Alphabet Betting (2021)
An Alphabet bet is not the simplest form of wager to make. You are probably already wondering, what is an Alphabet bet? Fortunately, if you want to understand these complicated option and learn how to place a bet online, you have come to the right place. Alphabet betting is extensively used on football, to engage in UK horse racing betting and many other markets.
As mentioned, it will not be easy for you to learn, but if you stick with us, we will introduce you to the basics of this type of system bet. With that in mind, let us explore the bet, learn why it can be beneficial, and explain how you can use it to wager online today.
- 1The Alphabet bet explained simply
- 2Best bookmakers for placing system bets [2021]
- 3What does an Alphabet bet consist of?
- 4How do Alphabet bets work?
- 5How are my Alphabet bet winnings calculated?
- 6Top tips for betting with Alphabet bets
- 7Are Alphabet bets worth the trouble?
- 8The pros and cons of using Alphabet bets online
- 9FAQs: Your questions on Alphabet bets answered
The Alphabet bet explained simply
🥇 Best bookmakers for placing system bets [2021]
What does an Alphabet bet consist of?
The Alphabet bet typically consists of two Patent bets (a total of 11 bets), a single Yankee bet (another 11 bets), and a six-fold accumulator bet. We are sure you already know about betting accumulators, so let us explain those other two below:
- Patent Bet: A bet on three selections. Seven bets cover the seven possible winning combos for those three bets.
- Yankee Bet: A bet on four selections. These consist of six doubles, four trebles and a typical four-fold accumulator which cover all four selections.
To better explain where you need to place double bet, treble bet, and single bet stakes, we’ve included a table below:
Section
Selected Events
Number of Bets
3 Singles: 1, 2, 3
3 Doubles: 1-2, 1-3, 2-3
1 Treble: 1-2-3
3 Singles: 4, 5, 6
3 Doubles: 4-5, 4-6, 5-6
1 Treble: 4-5-6
6 Doubles: 2-3, 2-4, 2-5, 3-4, 3-5, 4-5
4 Trebles: 2-3-4, 2-3-5, 2-4-5, 3-4-5
1 Four - Fold: 2-3-4-5
How do Alphabet bets work?
How does an Alphabet work? If you want to know how to do an Alphabet bet, use the example given below. Let us say that there are six matches that we want to bet on, and we need to cover multiple bets here.
- We expect Man Utd to beat West Ham
- Man City will beat Liverpool
- Everton will lose to Chelsea
- Brighton will beat Burnley
- Spurs will beat Leicester
- Arsenal will lose to Newcastle
We place the least likely outcomes in the first and sixth positions. They, therefore, do not form a part of the Yankee bet. The main reason being that if only the selections in the Yankee bet win, you will still get a decent return in terms of money. So, for our example:
- One Patent bet would see Man Utd defeat West Ham, City beat Liverpool, and Chelsea beat Everton
- Our second Patent bet would consist of Brighton beating Burnley, Spurs beating Leicester, and Newcastle beating Arsenal.
- Meanwhile, our Yankee bet would see City beating Liverpool, Chelsea beating Everton, Brighton beating Burnley, and Spurs beating Leicester. We never include the two least likely bets in the Yankee bet.
- Finally, we put all the selections into the six-fold accumulator. This part of the bet is only going to come good if the events we have wagered on make a profit.
Choosing a unit (your stake) carefully is important, as it is this which you are going to need to multiply when you bet. Similarly, you need to scour the market for decent odds to make sure that you give yourself the best possible chance of success.
How are my Alphabet bet winnings calculated?
Now that you are no longer asking “what does an Alphabet consist of?”, your mind might start turning to what you can win. There are Alphabet bet calculators out there which can help with this. It is mightily difficult to explain what kind of returns you can expect to see with your selections without an Alphabet calculator. Fortunately, these resources are widely available online.
The total amount you can win with Alphabet bets depends on your stake and the outcome of the events in question. If the Patent bet wins, then the money available will be less in value than if the six-fold accumulator comes good. The basic idea behind Alphabet bets is that just one selection should guarantee a return, provided it wins.
Top tips for betting with Alphabet bets
There are not too many Alphabet betting tips out there for you to deploy. However, we have compiled a short list of the ones we found that are incredibly relevant for any bettor. We would give them a once over before you start betting with Alphabet bets online. They include:
Tip
👉 Always make sure that you pick the best selections for your Alphabet bet. In short, get a good mix of the events which are most likely to happen. Coupled with those that have favourable odds if you want a sizable return.
👉 The six-fold accumulator can often yield more impressive wins that Patent bets, so focus on that.
👉 Always use an Alphabet bet calculator to estimate what you can expect to win before you decide to wager with these options.
👉 Make sure you fully understand where each event is supposed to go, in terms of which events are for the Patent bets, and which are for the Yankee bets.
👉 Do not expect to see bookmakers advertising the fact that they accept Alphabet bets. You will need to form this bet on the betting slip yourself – they will not do it for you.
👉 Some bookmakers may offer you bonus returns when you place these types of bets, but not many do so.
👉 You are unlikely to be able to use many reload offers at UK sportsbooks, or welcome bonuses to place these bets. The bonuses usually have terms attached (specifically related to odds) which means you cannot wager on favourites.
Are Alphabet bets worth the trouble?
Whether or not Alphabet bet systems are worth your time depends on how much time you are prepared to invest in getting everything correct. When an expert uses them, they can usually expect a return most of the time. In that sense, they are worth a look. However, they can be troublesome for beginners. We would recommend reading up on the specifics and practicing before you bet – or try other types of bets on horse racing: like forecast bet or reverse forecast bet.
The pros and cons of using Alphabet bets online
There are pros and cons to using Alphabet bets online, and they include:
PROS
- Can almost guarantee a return if your main selections are correct
- Covers virtually all outcomes of an event
- Can be used on multiple sporting matches
CONS
- Not user-friendly for beginners to use
- Bookmakers won’t advertise the fact that you can place these bets
FAQs: Your questions on Alphabet bets answered
Before you start, have a quick look at our brief FAQ guide to make sure that you understand everything.
Yes. Enjoying horse racing with an Alphabet bet is very much a possibility. There are options for Trifecta box, Each Way bets and Lucky 15 stakes, too, so this is something you may very well want to explore in greater detail.
The amount it costs when you bet with an Alphabet wager is straightforward to calculate. Whatever unit you choose to stake (be that £1, £5 or £100) needs to be multiplied by twenty-six to determine the cost. So an Alphabet bet with a stake unit of £1 will cost £26.
You can win with any of the three main constituents to an Alphabet wager. It does not matter which Alphabet bet type wins. The Alphabet bet breakdown shows that any of the three will deliver a return if you predicted your selections correctly. So at least one of the 6 selections must win in order to get a return from the Alphabet bet.
Regrettable as this may be your Alphabet selection becomes messed up. While it is possible you will get a return for that individual stake, the system is thrown into whack. So the doubles in the alphabet bet become singles, the trebles become doubles and so on.
Yes. The selections 1 and 6 must be those which are least likely to win. This is true when betting on any sports with Alphabet bets.
Some do, but you cannot bank on that. Our advice is to browse the bookmaker in question (their FAQ guide is a good place to start or contact their support team) and see what you can find.
Place Alphabet bets at top bookmakers today
Placing an Alphabet bet is a tricky thing to learn how to do. Fortunately, with the right bookmaker behind you (and a bit of practice), it gets easier. To help you get started, we would recommend checking out any of the major bookmakers represented on our page. All are renowned, reputable, licensed and offer great odds which you can use to place Alphabet bets online today.
