Select Reset to calculate another Patent bet.
Now that you have seen a patent bet explained, you might want to know how to win one and what type of returns to expect.
Patents and other similar bet types are known in the game as . System bets which include singles, of which the patent is one, can also be known as full cover bets. This is because, unlike system bets that require a minimum of two selections to make a return, full covers need only one single winner to payout.
If Tennessee Titans are also victorious, this would generate a return of $26.52 and come close to making a profit. It isn’t necessary for all selections to win in order to see a profitable return on your wager with a Patent bet.
So, what is a patent bet compared to a Trixie?
Patent betting refers to the system where a punter is looking to bring together multiple selections with varying odds under one roof. This kind of betting system carries a lot of risk, but there are several allowances that make it possible for these bets to return the stake just like in the case of every other full coverage bets. The patent betting is similar to that of a Trixie bet, which also involve multiple bets as one entity along with a range of permutation and combinations.
An each-way Patent bet means every included bet is placed each-way, resulting in a total of 14 bets. Consequently, the overall stake for an each-way patent is twice that of a regular Patent.
Use our patent betting calculator to find out how much you can make of a winning Patent, and the number of selections you need to win to earn a profit off your Patent bet.
If all of the selections are correct, with Baltimore Ravens, Tennessee Titans and New England Patriots winning their matches, this could generate a return of $80.54 and provide a tidy profit from an initial $35 overall bet.
However, you want to place an each way patent.
So what is a patent betting example? As we mentioned earlier, this can come from any area of the sportsbook, but for the purposes of this guide we’re going to look at the football markets. Let’s head across to Spain and, on a specific weekend in the , we’re going to wager on Real Madrid, Villarreal and Granada all to win.
There are 14 bets in an each-way Patent.
A patent bet is mostly used by horse racing bettors, as they attempt to cover themselves with some insurance behind their betting selections, as if one wins, then they’ll at least see some of their funds returned, although they’ll be hoping that all three selections are settled as winners.
Select Reset to calculate another patent bet.
Below, you’ll find an example of a football patent bet. This example has seven separate bets, as you can see with the patent bet stake box having a ‘7x’ next to it. This means your stake is multiplied by seven when you place the bet, and in order to see a return of funds, you’ll need at least one selection to win.
1xBet does not currently provide the each-way Patent betting option.
If one of the selections wins, then your Patent bet returns a portion of your stake. However, winning one selection will most likely not be enough to cover the original stake. With each winner, the payouts jump thanks to the doubles and treble.
If you want to place the bet each-way, make sure you select that.
Patent bets can be either win-only or each-way. The above scenario is a straight win-bet. However, if you wish to increase potential payouts, you can go for an each-way Patent bet. In such a situation, you are wagering on your selections to win or place. Therefore, you will have twice the number of wagers, as well as double the total stakes.
Patent Bet Explained – What Is a Patent Bet
A tennis patent bet has the same format to that of any other sporting event that you’re looking to place a patent bet on. You’ll need at least one of the betting selections to win in order to see a return of some funds. However, with any multiples bet, the more selections that win, the more chance you’ve got of seeing a full payout of your bet if you’re lucky enough to see every single selection win. We’ve provided an example of a tennis patent bet below with bet365.
What is a Patent Bet and how to Place them
With this patent of seven bets, you considerably multiply your chances of winning. However, depending on your success, you will obtain a lot of benefits or only recover a part of the investment.
A patent bet is a collaboration of seven bets blended into one
This example illustrates perfectly why the Patent bet is so popular with bettors. It allows you to cover yourself while providing potentially huge returns if all your selections come in. The variety of combinations allows you to keep your bet alive even when one selection misses, a luxury regular parleys do not have.
What Does Patent Mean in Betting
There are plenty of benefits to using a Patent betting calculator. The most obvious benefit to bettors is that the Patent betting calculator is easy-to-use so as to make the experience smooth and accessible. The Patent betting calculator also boasts an intuitive interface and can be used by new or novice bettors.