Heinz
Heinz bet is a six-selection wager that includes a total of 57 individual bets: 15 doubles, 20 trebles, 15 four-folds, 6 five-folds, and 1 six-fold accumulator.
Named after the Heinz company's slogan "57 varieties," this full-cover wager encompasses every possible combination of the six selections within a single bet. Each selection contributes equally to the potential returns, meaning the order in which they are listed on the betting slip does not matter.
Calculating returns manually can be time-consuming and prone to mistakes, so it's advisable to utilize a Heinz bet calculator once you're familiar with how the bet works. Trying out various scenarios can also provide insight into how the results of one or two losing selections affect the overall returns.
If two or more selections win, you are guaranteed a return.
The heinz is composed of the following parts:
Double
15
Treble
20
Four-Fold
15
Five-Fold
6
Six-Fold
1
Total:
57
How It Works
You’ve identified six horses with odds of 4/1 (5.00) that you want to bet on. In a Heinz bet, these six selections create 57 different combinations, and if you place a £1 stake on each of the 57 bets, your total investment would be £57. While this is less than the Super Heinz, which has 120 variations, it's still a significant amount to wager.
If none of the horses win, you will not receive any returns. Similarly, if only one horse finishes first, you won't win anything since none of the 120 bets in the Super Heinz include single bets.
As with any accumulator or combination bet, having no winners means you won’t receive anything back. Furthermore, a single winning horse will not result in a payout from the bookmakers.
If two of your horses win at 4/1 for a £5 stake each, the return from the winning double would be £25, but you would still be facing a £32 loss overall.
However, if three horses win, this is where a Heinz bet can start generating a profit.
With three 4/1 winners at £5 each, the three doubles would yield £75. Adding a treble win of £125 brings your total winnings to £200, resulting in a profit of £143.
As illustrated, just one additional winner can shift the outcome from a loss to a profit.
If you have four winning horses, the six doubles would provide £150, four treble wins would total £500, and a winning four-fold would add £625, giving you total winnings of £1,275 and a profit of £1,218.
If five of your horses win:
The ten doubles would produce £250, another ten treble wins would add £1,250, five four-folds would give you £625 each, resulting in a total payout of £7,750, leading to a profit of £7,693.
Finally, if all six horses win:
The 15 doubles would yield £375, 20 treble wins would total £2,500, 15 four-folds would contribute £9,375, six five-folds would bring in £18,750, and one accumulator would yield £15,625. Altogether, this results in a grand total of £46,625 and a profit of £46,568.
Example of Heinz Bets
As an example, here are all the potential outcomes in the table below.
1 Winning Horse
£0
£57.00
-£57.00
2 Winning Horses
£25.00
£57.00
-£32.00
3 Winning Horses
£200.00
£57.00
£143.00
4 Winning Horses
£1,275.00
£57.00
£1,218.00
5 Winning Horses
£7,750.00
£57.00
£7,693.00
6 Winning Horses
£46,625.00
£57.00
£46,568.00
As evident, there is significant potential for winning with this type of bet. However, it's important to note that it's not always straightforward. In our example, we are spending £57 on stake money, which is acceptable if we secure three or more winners but could lead to losses if we get two or fewer.
To mitigate this risk, one option is to reduce the stake for each bet. Instead of wagering £1, you might choose to stake 10p, bringing the total investment down to £5.70. However, this would also decrease your potential winnings by 90%, so it's crucial to weigh this decision carefully.
The previous scenario assumes that all six horses are at the same odds of 4/1, which is unlikely in practice. Therefore, you must also consider the variation in odds when placing a Super Heinz bet.
When there are different odds among the six horses you want to bet on, the calculations can become more complicated. We recommend using a Heinz calculator to help determine your potential winnings.
Reasons for Placing a Heinz Bet
Now that we’ve clarified what a Heinz bet is, here are three reasons why someone might choose to place one:
Potential for Significant Returns with Moderate Risk: A Heinz bet strikes a balance between possible returns and manageable risk. While the returns might not be as high as those from larger stakes, this strategy allows bettors to enjoy excitement while effectively managing their risk.
Variety in Betting: The Heinz bet is particularly attractive for those interested in various sporting events or races happening simultaneously, providing a versatile option for maintaining engagement across different contests.
Risk Mitigation with Multiple Selections: By covering multiple combinations, the Heinz bet allows bettors to hedge their stakes to some extent, which can help manage losses while still holding onto the potential for profit.
Like any betting strategy, Heinz bets come with their own set of advantages and disadvantages. Keeping this in mind, we will explore the positives and negatives associated with placing a Heinz bet.
Pros & Cons
Balanced Risk and Reward Potential:
The Heinz bet provides a balance between potential returns and manageable risk. By encompassing a moderate number of bets that cover various combinations, this strategy offers the chance for significant profits while reducing some of the extreme risks that come with higher-stakes betting.
Enhanced Engagement:
Opting for a Heinz bet creates a diverse and engaging betting experience. With 57 bets distributed across six selections, bettors have an interest in multiple events or races, which enriches the overall betting experience.
Higher Costs and Complexity:
A notable downside of a Heinz bet is the elevated total cost resulting from the extensive number of bets involved. Additionally, managing and tracking 57 different bets can be complicated and time-consuming. This cost and complexity may discourage bettors who favor simpler or more affordable betting strategies.
Risk of Overestimating Confidence:
Choosing to place a Heinz bet demands a high level of confidence in multiple selections. A single incorrect prediction can significantly affect the overall outcome, potentially leading to considerable losses, even if the majority of selections are accurate.
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