What is a Lucky 31 bet?

A Lucky 31 bet consists of five selections, generating a total of 31 individual bets. These bets include five singles, ten doubles, ten trebles, five four-fold accumulators, and one five-fold accumulator. For example, a £1 Lucky 31 bet would cost £31, as each individual bet is multiplied by the initial stake. Bettors can adjust their stake, with some bookmakers accepting as low as 10p per line, making it a more affordable option if desired.

The Lucky 31 bet is particularly appealing to bettors seeking a higher likelihood of making a return, as it involves a wide variety of combinations. Even if some selections fail to win, others may still provide a payout, offering more security than simpler bets. Many bookmakers also offer bonuses in certain circumstances, further incentivizing bettors. This bet type is commonly used in sports like football, rugby, horse racing, and greyhound racing, where multiple events take place on the same day or weekend.

Although the Lucky 31 bet offers potential rewards, it also carries a higher risk due to the large number of bets involved. Bettors should be aware that the cost of placing the bet can be substantial, as each additional bet increases the total stake. For example, if a bettor stakes £5, the total stake for the 31 bets would amount to £155. As such, it’s important for bettors to be well-informed about the selections they make to avoid losing money.

The Lucky 31 bet is part of a family of similar "Lucky" bets, including the Lucky 15 (15 bets from four selections) and the Lucky 63 (63 bets from six selections). These bets are designed to reward partial success, offering payouts even if not all selections win. While the Lucky 31 bet can provide a significant payout if successful, it requires careful consideration due to the high stake involved and the need for a good understanding of the sports or events being bet on.