What is a lucky 31 in horse racing? Explanation, bonuses and calculator

Are you a horse racing fan looking to add some excitement to your betting strategy? Consider trying a Lucky 31 bet. This popular betting option allows you to include multiple selections in a single wager, increasing your chances of winning.

In this article, we’ll take a closer look at a Lucky 31 bet and how it works in horse racing. Whether you’re a seasoned pro or new to the sport, the Lucky 31 could be a lucrative addition to your betting repertoire.

What is a lucky 31 in Horse Racing

A Lucky 31 is a type of betting popular in horse racing. It involves choosing five selections (horses) and placing 31 bets on them: one single bet on each selection, five doubles (two selections), ten trebles (three selections), ten fourfolds (four selections), and five fivefold (all five selections).

Essentially, it is a full-cover bet, meaning that all possible combinations of the selections are covered, including singles.

The advantage of a Lucky 31 bet is that it allows you to spread your risk across multiple selections, increasing the chances of winning even if not all of your picks are successful. It is a good option for those who want to maximize their potential winnings while keeping the risk relatively low.

The upside of this betting strategy is, if any of the selections win, the bettor receives a payout. The more selections that win, the bigger the payout. The Lucky 31 bet is similar to the Lucky 15 bet, which has the same structure but only includes four selections.

Lucky 31 in Horse Racing Bonuses

Some bookmakers offer bonuses on Lucky 31 bets if all selections win. These bonuses can be quite generous, sometimes offering a 50% or 100% increase on the winnings. It is worth checking with your bookmaker to see if they offer such bonuses and under what conditions they apply.

For example, if you place a Lucky 31 bet with a bookmaker that offers a 100% bonus and all of your selections win, your winnings will be doubled. If you had a total payout of £100 with five winning selections, the bonus would be added to your winnings, resulting in a total payout of £200.

It is important to note that not all bookmakers offer bonuses on Lucky 31 bets, and those that do may have different terms and conditions that apply. Reading the fine print and understanding the terms and conditions is always a good idea before placing a bet.

Lucky 31 in Horse Racing Calculator

To use a Lucky 31 calculator, you must know the odds for each selection and the stake you want to place on the bet. You can usually find the odds for each selection on the bookmaker’s website or app.

Once you have this information, you can input it into the calculator, and it will provide you with an estimated payout based on the likelihood of each selection winning. It is important to note that the calculator is only an estimate, and the actual payout may differ due to various factors, such as changes in the odds or the stake.

What is a Lucky 31​​​​​​​ Wrapping Up

The Lucky 31 bet is popular for horse racing fans looking to increase their chances of winning. By including multiple selections in a single bet, the Lucky 31 allows you to cover a wide range of possibilities and increase your potential payout.

While it may be riskier than a single bet, the potential reward can make it worthwhile for those willing to take a chance. As with any form of gambling, it’s important to remember to bet responsibly and within your means.

With careful consideration and a little luck, the Lucky 31 could be a winning choice for your horse racing betting strategy.