Four Folds Betway
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Fourfold bets are the subject of this piece, and I’m going to give a brief overview of them. In this article I’ll talk about what they are, tell you how to place a Fourfold bet and explain the pros and cons of them. I’ll start of by answering the question ‘What is a Fourfold bet?’.
What is a Fourfold Bet?
What Is A Four Folds Bet
A Fourfold bet is another type of accumulator bet. It’s designed for those who want greater profits but don’t mind increasing the risk of their bet by adding more than one outcome.
Instead of placing four single bets on all the events you want to back, you place only one bet that covers all four events. Each time one of your selections wins the winnings are used as the stake on the next bet. It’s a like a rollover bet.
Betting this way you can rapidly build up to placing a large stake for only a small initial wager. Remember though that to be a winning bet all the four bets must win – if you get even one of your selections wrong, you’ve lost it all.
A Fourfold bet can be placed as a long term or shot term bet. They are especially popular with football betting, betting on horse racing and with people betting on future outcomes such as the winner of the Premier League, FA Cup, League Cup and Champions League.
Fourfold bets can be a short term bet as well though – for example on four horse races occurring on the same day, though in this case you need to make sure there is enough time between events for the results to be settled and winnings applied to the next one.
Fourfold Betting Example
This time we’ll use horse racing to illustrate the idea. You make four selections that you think are likely to win. You place a £5 Fourfold on Moon River, Blue Ginger, White Dwarf and Pete’s Pet.
The odds on these selections are 3/1, 2/1, 4/1 and 5/1 respectively.
Moon River wins, so £20 is automatically placed on Blue Ginger.
That wins, so £60 goes on White Dwarf.
Another winner, and £300 goes on the final choice, Pete’s Pet. Assuming that wins, your original £5 stake is now a whopping £1800.
Once placed, you have to let your bet run – you can’t change your mind halfway through and bank the profits.
Fancy a crack at placing a Fourfold bet? Join our top online betting site Betfred.com.
How to Place a Fourfold Bet
Follow these instructions and you’ll soon learn how to place a Fourfold bet. Betfred was used to create the instructions, but most other sites work in a similar way.
1) On the home page, select the event you are planning to bet on from the menu on the left hand side of your screen. Click the name to select it, and the screen will change to show you all the upcoming options for that sport or event.
2) Find four games, events or matches you are interested in then click in the box next to each of them. Upon doing this a tick will appear.
3) Click the ‘pencil’ on the right of the name of one of the selections. This is the ‘create coupon’ link, and will open up a new screen showing the entries in the events.
4) For each event, click the odds of the outcome you want to back. It’s the same process whether you are backing football teams, greyhounds, horses or anything else – the odds are next to the names.
5) Each time you make a selection, it will be added to your bet slip on the right hand side of the page.
6) After making all four selections, click the ‘Multiple bet Options’ link at the bottom of the bet slip and pick ‘Fourfold’. Check that the details of your bet are correct, and enter your stake.
7) Click the ‘Confirm Bet’ button, and your bet will be placed. You will receive a receipt confirming your selections, stake and type of bet.
8) Your account balance will then have the stake amount debited, with any winnings added back automatically if you win.
Fourfold Bets Risks & Rewards
The biggest advantage to a Fourfold bet is the ability to lock the odds in right at the beginning of the bet.
If you waited for each event in turn, and only placed your bet after the last one had won, you’d find the odds shortening quickly meaning that your profit margin is reduced.
If you waited for the League Cup to be complete before backing the winner of the Premier League you’d get much worse odds than you would at the start of the season if the team you want to back are at the top of the table.
The downside of this type of bet is easy to see – as the number of correct predictions needed to win increases, so does the risk of losing. You may also find that the odds rise after a poor performance or some rumour sweeps the market, which means that you could have had greater profits if you had waited. This is more of a problem with horse racing or greyhound betting than anything else.
As ever, knowing your market and having a good hit rate on single bets is the key to making a profit from Fourfold bets. If you think you’re up to the challenge head over to Betfred.com and give Fourfold betting a go.
Multiple betting is a betting type that allows punters to place a series of bets on one betting slip. There are a few different forms of multiple (more on the later) but the simplest is the humble accumulator or acca. For an accumulator bet to be successful, all the results must come in – if even one bet fails to win then the whole bet will have lost and you will have lost your stake.
The reason multiple betting is so popular is that it allows punters to get a greater return from a series of results rather than just taking a low odds bet on a single result. For example, rather than placing three bets at evens you place one three-fold accumulator that has odds of 7/1.
The amount of bets you can have a multiple are pretty much unlimited. The more bets you include the higher the odds are going to be, but also the less likely the bet will turn out to be a winner. Multiples can include as little as two different bets (double) and stretch to as many as 15 or even more. Three bets for your multiple are known as a treble, whilst four or more bets are simply known as an accumulator. Bets may also be known as folds; so 5 bets maybe known as a 5 fold , 6 bets 6 fold and so on.
How do Multiple Bets Work?
To give you a better understanding of a multiple bet we will run through a quick working example.
First off let’s look at how the maths of a multiple bet works. For each bet a point is added to the odds. Our first bet is 3/1 and our second bet is 5/1. To work out our double simply add one point to each value and then times the two values. So we now get 4 (3/1 + 1 point) times 6 (5/1 +1) to equal 24, which is a 23/1 double.
What Is A 4 Folds Bet
If you are using decimals instead of fractions then simply times the two numbers together for a double. So a double of 2.00 and 4.00 would equal a multiple of 8.00 (2.00 x 4.00). Note: Decimals are a much simpler way to work out your accumulator bets.
When you are adding more than two bets simply times together the decimals off the odds. If we had a 5 fold accumulator with bets of 3.40, 1.66, 2.10, 2.5 and 2.20 then after we multiple these numbers together we would get odds of 65.18.
Obviously the odds of each individual bet will have an effect on the overall accumulator odds with the higher the odds the greater the accumulator bet will become.
Whats The Different Between a Multiple and an Accumulator?
We’ve already introduced the concept of an accumulator as a multiple bet and many people use the terms interchangeably. Our American friends also have another word for this type of bet, calling it a ‘Parlay’.
Technically speaking though we prefer to view an accumulator as a type of multiple bet rather than being one and the same. The reason for this is that as well as accumulators there are other forms of multiple bet you can place. For example, a ‘Lucky 15’ involves a series of overlapping accumulators placed on the same group of bets. The idea here being that you don’t need all of your legs to win, but you still have the opportunity for a larger payday than if you have placed your bets individually.
Types of Multiple Bets
There are many types of multiple bets on offer from a host of bookmakers. Let’s look at some of the more common ones.
- Double – A multiple which consists of 2 different bets
- Treble – A multiple that consists of 3 different bets
- Accumulator – A multiple that consists of four or more bets. These may also be known as 4 fold, 5 fold, 6 fold etc depending on how many bets are in the accumulator.
- Trixie – A Trixie is wager placed on three selections of four bets. These must include 3 doubles and a treble. To gain a pay-out from this bet two or more selections must be successful.
- Yankee – A Yankee is 11 bets but based on four separate selections. These must include 6 doubles, 4 trebles and a 4 fold accumulator. For a pay-out from a Yankee you must get at least selections correct.
- Lucky 15 – Popular with horse racing fans, a lucky 15 is the same as a Yankee but also includes single bets. So as well as the 6 doubles, 4 trebles and four-fold acca, you also have four single bets.
The last three types of bet are what’s known as a ‘Full Cover Bet’. This is the other category of multiple that we spoke of earlier in the article and one that we’ll cover in more detail in the next section.
Full Cover Bets
Unlike a straight accumulator which has only two possible outcomes – win or lose – a full cover bet pays out even if only a few of your selections win. The reason for this is that instead of placing one bet covering all selections to win, you place a series of smaller bets that between them cover all of the possible accumulator outcomes you could have placed on those bets – hence the name “full cover”.
The simplest full cover bet is a Trixie which involves three selections. Let’s call them Horse A, Horse B and Horse C. If you place a Trixie on these three horses you would actually be placing four bets – one three leg accumulator on all three horses to win PLUS three doubles on Horses A + B, A + C and B + C.
What Is 4 Folds Sportsbet
Because you have three doubles covering all possible combinations you only need two out of the three horses to win to get some kind of return. For example, if Horse A and Horse C won but Horse B lost you would lose your three fold accumulator as well as the two doubles involving Horse B, but you would win the double that included Horses A + C.
The return you would get from two horses winning would be less than if all three had won, but more than had you only placed a straight up accumulator on the selections.
If you wanted to include four selections this would be called a Yankee and involves 11 bets. One four fold, four trebles and six doubles.
You can see a list of the different kinds of full cover bets in the table below:
| Bet | Selections | Number of Bets | Bet Distribution |
|---|---|---|---|
| Trixie | 3 | 4 | 3 doubles + 1 treble |
| Yankee | 4 | 11 | 6 doubles, 4 trebles + 1 four fold |
| Super Yankee | 5 | 26 | 10 doubles, 10 trebles, 5 four folds + 1 five fold |
| Heinz | 6 | 57 | 15 doubles, 20 trebles, 15 four folds, 6 five folds + 1 six fold |
| Super Heinz | 7 | 120 | 25 doubles, 35 trebles, 35 four folds, 21 five folds, 7 six folds + 1 seven fold |
| Goliath | 8 | 247 | 28 doubles, 56 trebles, 70 four folds, 56 five folds, 28 six folds, 8 seven folds + 1 eight fold |
Full Cover Bets With Singles
A full cover bet with singles is exactly as it sounds – the same as the type of bets mentioned above but also including single bets on each selection. Here you only need one bet to win to get some kind of return, although depending on the odds the return is often less than the cost of the bet.
A Trixie with singles is called a Patent and involves 7 bets over three selections:
- 3 singles
- 3 doubles
- 1 treble
A Yankee with singles is called a Lucky 15 and includes 15 bets over four selections:
- 4 singles
- 6 doubles
- 4 trebles
- 1 four fold
A full list of full cover bets with singles can be found in the table below:
| Bet | Selections | Number of Bets | Bet Distribution |
|---|---|---|---|
| Patent | 3 | 4 | 3 singles, 3 doubles + 1 treble |
| Lucky 15 | 4 | 11 | 4 singles, 6 doubles, 4 trebles + 1 four fold |
| Lucky 31 | 5 | 26 | 5 singles, 10 doubles, 10 trebles, 5 four folds + 1 five fold |
| Lucky 63 | 6 | 57 | 6 singles, 15 doubles, 20 trebles, 15 four folds, 6 five folds + 1 six fold |
Pros & Cons of Multiple Betting
Benefits
Multiple betting is a great way to increase the odds on a host of short priced favourites for any market. You can mix and match sports, include games on different days and basically add short priced favourites to bolster the overall pay-outs.
Sticking with pay-outs, multiple betting is probably the most lucrative type of betting. The pay days can be huge for very little outlay. Just from taking the 5 fold above in our example you will see that a bet of just 1 unit would yield a 65.18 unit return.
Disadvantages
Multiple betting is actually very high risk, especially with the more bets you keep adding to the list. Only one of those bets needs to be unsuccessful for the whole of the multiple bet to be written off as lost. Many bettors get carried away with the possible big payday when actually it’s very hard to string together 4, 5 or more consecutive correct results.