PATENT BET EXPLAINED.Number of Bets,Non Runners in Patent Bets.
The Patent Bet was one of the first "exotic" or multiple bets that became popular in England when betting shops where first allowed to trade on the High Street in 1961.
Prior to that betting on horse racing was the preserve of the rich who operated credit accounts and bet via the telephone(which at the time was prohibitively expensive for the average man in the street).
Now the Patent Bet is becoming less popular,mainly due the influence of the Lucky 15 bet which gives punters double or even treble odds for 1 winner.
However,the Lucky 15 is obviously 15 bets,whereas the Patent is just 7 bets - less than half the cost.
So, the Patent Bet is still worthy of consideration,particularly if you are betting on horses(or any other sporting bets) that are favourites or low starting price odds.
The Patent bet..................
The Patent bet consists of 3 selections and covers 7 bets.
You have ..................3 singles...................3 doubles..................... and 1 treble.
You can do an "each way" patent (horses to be placed) and this will now mean you have 14 bets - 7 covering the win selections and 7 covering the placed selections.
So just make your 3 selections and place your bets to whatever stake unit you are comfortable with - a 10p Patent is just 70p,and a £1 Patent is £7.
Remember if you are doing your bet "each way" just double your stake,and that 10p patent now becomes not 70p but £1.40,and the £1 Patent not £7 but £14.
Non Runners in Patent bets...
Some confusion about non runners with even experienced bettors when they are in multiple bets like the Patent.
You have 7 bets and no matter how many non runners you have you always still have 7 bets.
The singles are self explanatory - if you have a 1 non runner in patent you get refund of 1 bet at original stake unit.
What if you have non runner and 1 winner ? - you still get 3 bets returned - 2 singles and one double.But in effect that double is just another single on the winner.
Example 2/1 winner with non runner in £7 Patent - you get 2 singles and 1 double - £1 Single returned for NR,then £3 returned for single on 2/1 shot,then the double with that non runner which is again £3 - which coincidentally would return all your original stake of £7 - Remember you don't get any extra for a non runners with a winner or we would all be backing non runners !.
By Pendil at SAFE BOOKMAKERS SITES.İThis article can be reproduced by anyone,so long as article is reproduced full and intact with all links unchanged.End of article.
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