What is a treble bet?

A treble bet is a type of multiple bet that involves selecting three outcomes from three separate events. To win the bet, all three selections must be correct. It works similarly to a double bet, but with an additional selection, making it more complex and riskier. While treble bets offer the potential for higher returns due to the multiplication of odds, they also come with the added challenge of requiring all outcomes to be successful. If just one selection fails, the entire bet is lost.

The key advantage of a treble bet over placing three individual single bets is that the odds are combined, resulting in a higher payout. However, this also introduces more risk, as the bettor must rely on all three outcomes happening. Treble bets can be placed across different sports and markets, but they cannot be placed on the same event or match. This makes them different from other betting types, such as Bet Builders, which allow for multiple elements within a single match.

Treble bets are often used by bettors looking for higher returns and willing to take on more risk compared to single or double bets. They can be an attractive option for those seeking to place more ambitious wagers. However, because they involve selecting three outcomes, it’s important for bettors to carefully consider their choices and have a good understanding of the sports or participants they are betting on. Even a single lost selection will result in the entire bet being voided.

The calculation of returns for treble bets is based on the combination of the odds from the three selections. There are two common methods for calculating the potential payout: one method involves adding the odds together, while the more commonly used method involves multiplying the winnings from each selection and using those funds as the stake for the next bet. This process creates a cumulative effect, with the final return reflecting the success of all three selections.