What is a Patent Bet in Horse Racing

What is a Patent Bet in Horse Racing

What is a Patent Bet in Horse Racing

Introduction

Among the many multiple bets in horse racing, the Patent stands out as one of the most accessible and beginner-friendly options. It allows punters to combine three selections in a way that offers multiple chances of return, even if only one of the horses wins. For those seeking to explore multiples without the steep risk of a Yankee or Lucky 15, the Patent bet is often the perfect introduction. This article explains what a Patent is, how it works, its benefits, risks, and strategies for using it wisely.

The Structure of a Patent Bet

A Patent bet is made up of seven bets derived from three selections. These are:
- Three singles
- Three doubles
- One treble

This structure ensures that punters are rewarded even if just one horse wins, thanks to the inclusion of singles. This makes the Patent more forgiving than multiples such as the Yankee, which requires at least two winners before a return is possible.

How Returns Are Calculated

Returns from a Patent depend on how many selections win and at what odds. If only one horse wins, you collect from the single. If two win, you collect from singles and doubles. If all three win, you collect from all seven bets, including the treble. This can lead to lucrative payouts. Bookmakers sometimes enhance Patent returns with bonuses on multiples, further adding to their appeal.

Benefits of Patent Bets

The Patent is especially appealing to beginners for several reasons:
- A guaranteed return if one horse wins.
- Multiple payout opportunities as more selections win.
- Lower overall risk compared to Yankees or accumulators.
- Flexibility to combine favourites with outsiders.

Risks and Downsides

While attractive, the Patent has its downsides. The main drawback is cost. A £1 Patent requires a £7 stake. If all three horses lose, you lose the full £7. Another downside is that payouts can be small if your winners are short-priced favourites. This is why many punters prefer to balance a Patent with at least one horse at bigger odds. More details on managing betting structures can be found in betting basics and betting strategies.

Strategies for Using Patents

To make the most of a Patent:
- Combine one or two short-priced favourites with an outsider for balance.
- Use them on days with strong confidence in three selections.
- Compare Patents with Lucky 15s or Yankees to see which fits your risk profile.
- Apply value betting principles to avoid leaning too heavily on favourites.

Comparing Patents with Yankees and Lucky 15s

The Patent is often compared with the Yankee and Lucky 15. The inclusion of singles makes it safer than a Yankee, but it involves fewer bets than the Lucky 15. Beginners often start with Patents, while more seasoned punters seeking higher payouts may lean towards Yankees or Lucky 15s.

FAQs

What is a Patent bet in horse racing?
It is a multiple bet consisting of 7 bets from 3 selections.

Do I win if only one horse wins?
Yes, the singles ensure a payout.

Is a Patent good for beginners?
Yes, it’s considered one of the most beginner-friendly multiple bets.

Can Patents be each way?
Yes, this doubles the bet to 14 stakes.

Conclusion

The Patent is a practical and exciting way for punters to explore multiples. By covering singles, doubles, and a treble, it provides flexibility and safety. While not without risks, especially in terms of cost, the Patent strikes a balance between risk and reward. For beginners and casual bettors, it is an excellent stepping stone into the world of horse racing multiples.