What Does 'Trebles' Mean In Betting'?
3 May 2022
Updated: 24 Feb 2023
Ever wondered "what does trebles mean in betting"? Outplayed will take you through all you need to know about treble bets, how many selections you'll need, how the odds are calculated, and explain how an each-way treble bet works.
What is a treble?
A treble bet is made up of three separate outright selections, known as legs, that are merged into a single multiple bet. To win a treble bet, all three different selections must be correct. If any one of the three selections fails, the entire treble bet is lost. A treble can boost the odds far more than a single or double bet as a multiple bet, which is why it is such a popular form of wager, but it also increases the danger of losing. In treble betting, each option must come from a different event, such as three different horse races or three different football games. The odds for betting trebles are explained below.
How is a treble bet calculated?
A treble bet is calculated by using the return from each leg as a stake on the next leg. The winnings from the first bet will be used as a stake on the second, and the winnings from the second bet will be used as a stake on the third, giving you your potential winnings. This is how the odds for a treble bet are calculated if you bet on three horses with odds of 4/1, 3/1, and 2/1. To each of the odds, add one, multiply them together, and subtract one (for your stake).
For example - 4/1 x 3/1 x 2/1 - 1 = (5 x 4 x 3) -1 = 59/1
You will win the wager if all of your selections are correct, and the amount you may anticipate to win from a £10 stake is shown below.
Winnings from a successful treble bet (£10 stake x 4/1 x 3/1 x 2/1) - 1 = £590 profit + £5 stake
That's about all the information you need to know on each-way betting. Found this article useful? We have similar and expanded ones in our blog. Here are some popular ones;
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