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What is a 3 Horse Patent Bet?

A 3 horse patent bet is a wager that involves placing seven bets on three selections in a horse race. This type of bet is popular amongst punters, because it offers the opportunity to win a substantial payout even if only one of your selections wins.

What are the Benefits of a 3 Horse Patent Bet?

A 3 horse patent bet can be an advantageous wager for punters because it offers the potential to reap a large payout even if only one of your selections wins the race. It also requires a relatively small stake to make the seven bets, meaning that the risk is limited. Additionally, you can use the flexibility of the bet to your advantage, by using one horse as the ‘banker’, which is the selection that you believe has the best chance of winning.

How Does a 3 Horse Patent Bet Work?

A 3 horse patent bet involves placing seven bets on three selections in a horse race. The seven bets consist of three singles, three doubles and one treble. A single means that you are betting on one selection to win the race, a double is a bet on two selections to finish first and second in any order, and a treble is a bet on three selections to finish first, second and third in any order.

What is the Risk Involved in a 3 Horse Patent Bet?

A 3 horse patent bet is generally seen as a low risk bet, since your stake is spread across seven bets. This reduces the risk of losing your entire stake if one of your selections does not win the race. However, it is important to remember that with any type of wager, there is always a risk involved.

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What are the Potential Payouts from a 3 Horse Patent Bet?

A 3 horse patent bet can potentially yield a large payout if one of your selections wins the race. However, if two of your selections finish first and second in any order, then the payout will be even larger. Additionally, if all three selections finish first, second and third in any order, then you can expect to receive a very large payout.

Conclusion

A 3 horse patent bet is a popular wager amongst punters, as it offers the potential to reap a large payout even if only one of your selections wins the race. It is relatively low risk, as your stake is spread across seven bets, and the flexibility of the bet allows you to use one horse as a ‘banker’ if you wish. The potential payouts from a 3 horse patent bet can be very lucrative, with larger payouts available if two or three of your selections finish in the top three positions.