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Patent Bet | What is a Patent Bet?


Patent bet types are becoming all the rage at top betting sites. What is a Patent bet, though? Can it be used in several sports? If so, what is a Patent bet in football? If you are not the world’s leading authority on betting terms, you need not worry.
With our guide, we will walk you through the ins and outs of Patent betting in just a few moments. If you want full coverage with your bets and hope for a reasonable return, then a Patent bet could be for you. Let us start by looking at the Patent bet definition before we go any further.

Patent bet explained

Patent sports betting is popular in many sports. Whether you wish to enjoy a sport of UK horse racing betting, dog betting, or even profitable football betting, a win only Patent bet could be ideal. Unlike basic betting accumulators, this type of system bets allows you full coverage on whatever it is you are betting on. Precisely what is a Patent bet, though?

A Patent bet is a wager consisting of seven individual £1 bets, costing a total of £7. It covers three selections in three different events. These consist of three single bet options, three double bets, and one treble bet. The basic Patent bet meaning is that only one of your bets needs to be a winner to see a return. The basic rules are:

  • You cannot bet on multiple outcomes in the same event.
  • There must be three, very separate events.
  • A typical Patent bet will cost £7.
  • It is best done when using decimal odds, as these are easier to read.
  • You cannot use Patent bets with any other forms of wagers to guarantee the same results.
  • Winning more than one bet results in a profitable return.

While that might explain what a Patent bet consists of, it does not explain “how does a Patent bet work?”. We will explain it in detail below. First have a look at our recommended list of bookmakers where you can place Patent bets.

🥇 Best bookmakers to place Patent bets [2021]

Rank
Bookmaker
Bonus
Patent Bet Option
Rating
Get Started
1
100% up to €122
Available
Rating 9.98 out of 10
2
100% up to €100
Available
Rating 9.97 out of 10
3
100% up to €100
Available
Rating 9.97 out of 10
4
100% up to €100
Available
Rating 9.97 out of 10
5
100% up to €100
Available
Rating 9.95 out of 10
6
Up to $/€ 30 in Free Bets
Available
Rating 9.93 out of 10
7
BET €10 GET €30
Available
Rating 9.90 out of 10
8
BET €10 GET €30
Available
Rating 9.90 out of 10
9
Up to €100
Available
Rating 9.90 out of 10
10
125% up to $3125
Available
Rating 9.77 out of 10

Learn how to place a Patent bet online

We assume that you know how to place a bet conventionally. If not, we would recommend that you read up on that quickly before progressing to Patent bets and Patent horse betsconver. Below you will find our Patent bet example. Follow it to understand how to bet on horses and other types of sports betting options. 

There are three races that you wish to bet on at William Hill, one of the biggest bookmakers in the UK. You fancy betting on Horse A to win. However, Horse B and Horse C do not have bad odds either. They look like this:

    • Horse A: 6/1 to win
    • Horse B: 5/1 to win
    • Horse C: 10/1 to win

To place a typical Patent bet, you need to place three singles, three doubles, and a treble, as mentioned above. You will do that, like so…

Bet

Selection

3 x Singles
Selection
On Horse A, Horse B and Horse C
3 x Doubles
Selection
On Horse A and B, and Horse B and C, and Horse A and C
1 x Treble
Selection
On Horse A, B and C

How are your stake and winnings calculated with Patent bets?

Now that you have your popular combination bet in place, you must hope for the best. Each bet here will cost £1, making the total bet cost £7. A single winner will result in a profit being made. However, you can get a sizable return if all come good. Based on the odds displayed above, Horse A will pay £7 if it wins, Horse B a total of £6, and Horse C £11. It can be tricky learning how to work out a Patent bet.

  • As mentioned above, if Horse A, B or C wins, you will pocket £7, £6, or £11, respectively, which will see you break even.
  • However, if two of your selections come good, you can maximise your win. If Horses B and C were to win in their respective events, you could pocket £66 on one double and £6 and £11 on the singles. When you subtract your original £7 stake, you end up with a Patent bet payout of £76.
  • And if all 3 horses win you end up with a return of £671 and a profit of £664.

If calculating these odds is too much for you, you will be delighted to know that much like with Parlay betting; there are Patent bet calculators out there. You can find many of these Patent bet return calculators online.

The Patent bet versus the Permed bet and Trixie bets

You may be familiar with Patent bets but not simply know their name. They are quite like Trixie bets and Lucky 15 bets. In fact, you could argue that Patent bets are the bridge between them. Similar types of bets include:

  • Trixie Bets: A four-tier bet consisting of three selections. Namely, three doubles and a treble.
  • Permed Bets: Any wager which consists of at least two selections. It will typically involve wagering on several selections with small stakes. By contrast, Permed Patent Bets require four to six selections, with up to twenty-eight bets made in all. 
  • Lucky 15 Bets: As its name suggests, this bet involves wagering on four different selections with fifteen bets. Expect to see four singles, six doubles, four trebles and a single four-fold accumulator bet.

The fundamental similarity between all these bets is this – if a single bet is involved somewhere, you are guaranteed a payout if at least one of your bets wins. See our table below, for more details on this:

Patent Bet

Trixie Bet

Permed Patent Bet

Number of Selections
Patent Bet
3
Trixie Bet
3
Permed Patent Bet
4 (up to 6)
Number of Bets
Patent Bet
7
Trixie Bet
4
Permed Patent Bet
28
Bet Structure
Patent Bet
3 Singles: 1, 2, 3
3 Doubles: 1-2, 1-3, 2-3
1 Treble: 1-2-3
Trixie Bet
3 Doubles: 1-2, 1-3, 2-3
1 Treble: 1-2-3
Permed Patent Bet
4 individual patent bets
Winning Return
Patent Bet
At least 1 selection must win
Trixie Bet
At least 2 selections must win
Permed Patent Bet
At least 1 selection must win

Patent bets can also form a part of an Alphabet bet when they are used alongside accumulator and Yankee bets. Of course the more selections there are the higher the bet will cost. In this case always preffer low stakes betting sites.

Top tips for Patent betting online

While there are plenty of tipsters out there offering Patent bet strategy guides for you, there is no such thing as a guaranteed way to win via a Patent bet system. We can, however, offer you Patent bet tips, and these include:

Tip

👉 It is possible to place Each-Way bets (as Patent bets), as well as the To Win bets that we have already covered. This will double your original stake to £14, and works in much the same way, requiring seven selections on three separate events.

👉 Always include at least one single in any bet you make. The main reason is that this will guarantee a payout, even if all your other bets fail.

👉 Consider exploring Trixies and Permed bets. If a typical To Win Patent bet does not seem like it will get the job done (perhaps you cannot find enough selections), these are options worth considering instead.

👉 It is best to stick to the minimum bet of £1 per selection here. If you opt to go higher, you could find that you run out of money rather rapidly. With a bit of luck and careful planning, a £7 bet is all you will need to turn a handsome profit.

The pros and cons of placing Patent bets

There are pros and cons with every bet. Here is what you need to know about Patent bets:

PROS

  • Are friendly with Each-Way bets
  • Not as complicated as Permed Patent bets
  • Improved probability on a return

CONS

  • Must be used on three different selections
  • More reliable but often pay less than traditional accumulators

FAQs: Your questions about Patent bets answered

You should now know how to place a Patent bet. That said, we are here to answer any lingering questions you may have with our FAQ…

A Patent bet is a wager on three selections, where seven bets are made. These are three singles, three doubles, and a treble.

You can use the example given above to calculate a patent bet. However, you do not have to bother. There are Patent bet calculators out there which make short work of calculating a win. But as a simple example a typical Patent bet will cost £7, containing seven individual £1 bets.

Patent bet rules can vary from site to site. If your horse fails to run, you may end up seeing your entire Patent bet cancelled. This is not as bad as if it were to go on, which would lessen your chance of success.

Of course. Bear in mind though, that when you place Each Way Patent bets, you will need to double your stake to £14.

A Permed Patent bet is arguably one of the more complicated stakes you can wager. It involves four to six selections and up to twenty-eight bets. You still only need one selection to win, but those bets span many outcomes. Check our table above to learn more about this.

Play online using Patent bets today

As you can see, Patent bets can be incredibly profitable if multiple bets come good. There is no guarantee that you will win your Patent bet, but as you only need one selection to do so, this presents you with a far better chance of winning than conventional accumulators and other bets, even if the winnings “may be” a touch smaller. 

If you are interested in placing Patent bets online, you will need a trusted, licensed, and reputable sportsbook. You may also want to try other types of bets on horse racing – like forecast bets and reverse forecast bets. Anyway, do not hesitate to check out our selection of top bookmakers, all of which are Patent bet-friendly and ready to offer their services to you today.