A treble bet is a single wager on three different selections. Because all three picks are under one umbrella, all three must win for the bet to succeed.
A treble bet can be considered a high-risk wager compared to singles and doubles. But it has appeal because of the higher cumulative odds that it pays out at. On this page, we dive into treble bets and how they work.
The Power of Three: How Treble Bet Works
Three different selections (or legs) are needed to create a treble, which can’t be from other markets for the same event. For example, think of picking three race winners on day one of the Cheltenham Festival.
The three selections are combined into one bet, and odds for each become cumulative, offering bigger payouts than would be targeted from playing the same three selections as singles.
Here’s an example of how a winning treble might look in football betting: Liverpool To Win 8/11, Brighton To Win 1/1 & Crystal Palace To Win 2/1 with a £3 stake returns a total profit of £28.09.
If you used the same total of £3 evenly spread across three singles at £1 each, the winnings would be only: Liverpool To Win £0.73, Brighton To Win £1.00, Crystal Palace To Win £2.00 for a total of £3.73 profit.
The treble bet is good for stronger selections that aren’t too far from the even money line because such selections give an element of overall risk reduction.
How to Place a Treble Bet
Before placing a treble bet, it is vital to find a reputable bookmaker. Look for established operators that are regulated and licensed by the Gambling Commission.
Look for features like a native mobile app, cash-out options on active bets, bet builders (which allow you to build same-game multis) and promotions. It’s also a good idea to make an odds comparison between different bookmakers to extract as much value from your selections as possible.
To create and place a treble bet, once inside the sportsbook, find your selections. You can make cross-sport trebles, so it could be Saracens in Premiership rugby, Chelsea in Premier League football and Carlos Alcaraz in tennis to each win their selected matches.
Add the picks to your betting slip, and an option to automatically create a Treble will be available. If you have added more than three selections to your slip, you can pick which you want to make the treble bet with.
Enter your stake and place the bet. The potential payout for a treble can be calculated by multiplying the odds of each selection together. For a simple example, let’s imagine a horse racing treble.
Horse A 1/1, Horse B 2/1, and Horse C 4/1 – the total odds for the treble bet would be calculated as follows (after converting to decimal odds because calculations are more straightforward):
2.0 (1/1) x 3.00 (2/1) x 5.00 (4/1) = 30/1
If you placed a £10 treble bet, you would receive a payout of £300 (including your original stake). Use a bet calculator to simplify things, and potential returns will be listed in the bet slip once you enter a stake.
Advantages & Disadvantages of Treble Bets
One of the most significant advantages of treble bets is the cumulative odds which can stack up favourably. Another excellent benefit of a treble is that it takes just one stake to cover all three selections, and trebles can generally be approached with smaller stakes because of their higher potential payouts.
But they also come with disadvantages from a risk perspective. Treble bets are high-risk wagers compared to a single or a double. With more variables across the three selections, the probability of getting all three legs correct lessens.
Tips for Successful Treble Betting
A treble bet is a type of wager to keep in mind and potentially add to your portfolio. Here are some tips to help you drive towards successful treble betting.
Your selections should be based on some statistical research. Whether it’s reading the current form of a horse, or studying the latest Premier League results for a team, base your picks on sound reasoning.
You should have a budget and stake amount for each bet you play. A rule of thumb to manage your bankroll is to stick between 1-3% of your overall budget per wager.
Look for tools to offset some of the risks of playing a treble. The Cash Out option, in particular, is excellent for this. If you have successfully seen two of the three legs of your treble bet win, consider settling for a cash-out offer by the bookie as a risk-management move.
Another important tip is to record your treble bets to track their performance results to see where your strategy may need tweaking.