A patent bet is a popular type of wager in the world of sports betting, combining multiple bets into one comprehensive package. This strategic approach allows bettors to cover various outcomes, thereby increasing their chances of winning. Understanding what constitutes a patent bet is crucial for anyone looking to optimize their betting strategy.
- Combination of Bets: A patent bet includes seven individual bets across three different selections. These are 3 singles, 3 doubles, and 1 treble.
- Risk Management: Even if one selection loses, you can still gain returns from the other successful bets, making it less risky than other forms of multiple bets.
- Higher Cost: Since a patent involves multiple bets, the initial stake tends to be higher. If your stake is $1 per bet, you would need to invest $7 in total.
- Payout Potential: The more selections that win, the higher the return. Winning all three selections will result in maximum profit.
A patent bet offers a balanced mix of risk and reward, making it an appealing option for both novice and experienced bettors.
