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Heinz Bet Calculator + Guide
The Heinz bet type is one of the lowest bet types when it comes to multiples betting. However, this makes the bet very popular with Horse Racing and football bettors. Consisting of 57 bets from six selections, this bet is known as a full cover bet which means it consists of all available multiple bets. Just remember if you're placing a Heinz bet, it consists of 57 bets, meaning a £1 bet stake would see a total stake of £57.
Heinz Bet Calculator
Calculate the potential winnings on your latest Heinz bet by simply adding the information of your bet into the relevant selections. Our calculator will do all the hard work for you, so you can work out your returns if one, two or even four selections let you down. As your bet contains 57 bets, we recommend using the calculator and keeping track of your bets.
How to use the BetUK Heinz betting calculator?
It's well-known that a Heinz bet is quite a complicated bet types in online sports betting. Thus making, the usage of a bet calculator a must for anyone who is looking to place that bet type. On this page, you'll be able to find the full functionality for the Heinz betting calculator, which tells you what you'll win with just a double coming off all the way through to your six-fold accumulator. If you're looking to place a Heinz bet today, check out our step-by-step guide to using the betting calculator below.
Step 1: As the Heinz bet type is already selected, your first order of business will be determining whether or not your bet will/is an each-way bet. This will be shown on your betslip and has to be selected by the bettor. Same applies for 'Dead Heat' and 'Rule 4'. If you wish to learn more about these terms, check out our betting guides.
Step 2: Select the correct format for your odds, these will either be Decimal or Fractional, this is a step you must do before inputting any odds.
Step 3: Add your total stake into the calculator
Step 4: Input the odds from your bet slip into the calculator and view your potential winnings.
Step 5 Each odds section will have win, lost, void or placed, select the right outcome for each bet, the placed option will only appear if you have selected an each way bet. As this is a Heinz bet, some options in your bet will likely lose, so check out what you could still turn a profit with by selecting certain bets to lose.
What is a Heinz Bet?
A Heinz bet is a type of multiples bet that only features multiple bets, this means that there are no single bets available for players to win. A minimum of two selections must win for any returns. The 57 bets consist of the following:
- 15 doubles
- 20 trebles
- 15 four-folds accumulators
- 6 five-fold accumulators
- 1 six-fold accumulator
Can Heinz Bets be profitable?
Any bet can be profitable but there are no set rules on what is needed for a profit to be achieved, other than the fact at least two selections must win. For calculating your bets there are a few more factors that need to be considered including the price of each selection and the total stake.
For example, if you were to place a total of £99.75 (closest possible value to £100) with each horse priced at 5/1, your totals would equal:
- 0 Selection Wins - £0 return with a loss of £99.75
- 1 selection wins – £0 return with a loss of £99.75
- 2 selection wins – £63 return with a loss of £36.75
- 3 selection wins – £567 return with a profit of £467.25
- 4 selection wins – £4,158 return with a profit of £4,058.25
- 5 selection wins – £29,358.00 return with a profit of £29,258.25
- 6 selection wins – £205,821 return with a profit of £205,721.25
In this situation, you can find that one winner can make a world of difference, with two wins, players would make a loss of £36.75 but with three make a profit of £467.25, naturally, this differs depending on the size of your bet but demonstrates exactly how profitable these bets can be.
Heinz Bet Pros
With the potential for massive returns, Heinz bets can be very appealing to bettors. Similarly to accumulators, large profits can be generated but with a six-fold accumulator, it would require all bets to win for it to be profitable, if a Heinz bet has a leg lose, the potential profit is still substantially high.
it can combine a series of bets into one singular bet, so if you're looking to place a bet on an entire day of Cheltenham Festival betting, you can place a bet on six races that remains relevant all day rather than a bet that could be irrelevant after the first race.
Heinz Bet Cons
There is one major disadvantage with Heinz betting and it applies to all multiple bets and this is the fact that the stake for these bets are always significantly higher than standard single and double bets. Every bet is multiplied by 57 to make their total stake. You must bear this in mind, so an increased chance of winning large amounts contains an equal risk of significantly higher stakes.
Can I place each way Heinz bets?
100%, we actually recommend it for festivals such as Cheltenham or race days such as Grand National day. However, similarly to any Each Way bet, the price of the bet is doubled, so typically, your stake per bet would be increased by 57 for a normal bet and 114 for an Each Way Heinz bet this would consist of 114 bets.
It is possible to place an each-way Heinz bet with your chosen bookmaker. An each-way Heinz bet consists of 114 bets. 57 bets are as described above, and 57 additional bets are for the selections to place. If you'd like to learn more about Each Way bets, check out our Each Way betting guide.
Is a Heinz bet similar to a Lucky 63?
Heinz bets are relatively similar to Lucky 63's. However, Lucky 63 also contains six single bets. So, there are still the 57 bets from the Heinz bet but there are six additional bets that are easy to work out due to it being one odd for one bet.
Are Heinz Bets popular?
In the United Kingdom, Heinz bets aren't a popular bet as typically UK bettors focus their attentions to the likes of accumulators. However, in the United States, Heinz bets have significantly higher popularity due to the origins of the bet. So, Heinz's slogan in America was formerly "57 varieties", this number has been synonymous with the brand for over a century and is instrumental in the naming of the Heinz bet.
What sports should I use for Heinz Bets?
There are two sports that are notoriously popular amongst Heinz bettors, they are Horse Racing and Football. Horse Racing is popular due to the idea of insurance for selections that aren't likely to happen, while football is used for larger win potential with acca-style bets. A horse racing Heinz bet means that bettors can lose in the opening race and still be victorious overall. Find out how by checking the bet calculator above.
Can I use Free Bet stakes on a Heinz bet?
Yes! Although it won't tally up to the exact amount of your free bet stake. If you've unlocked £10 in Free Bets, you'll only be able to use up £9.69 on a Heinz bet which equates to 0.17p per bet. You can turn our bet calculator above into a free bet calculator by clicking the free bet option attached when adding your bet details.
If you're looking for free bets at Bet UK, be sure to check out our free bet offers. We currently have an offer for £30 in free bets with a £10 required deposit. We also have free bets for events but they have a free bet expiry date, so you won't be able to claim these bets outside of the competition time. Please note that all free bets exclude virtuals.
What odds format should I use for the Bet Calculator?
You can use Decimal or Fractional odds when utilising the bet calculator on Bet UK. To change this, click the drop-down menu attached to our calculator and select your option. We recommend using the Fractional odds format, so it is easier to work out your Heinz bet. Decimal bets are typically harder to read and therefore aren't recommended for multiples bets such as the Heinz bet.
What bet types can I find at Bet UK?
There are dozens of bet types that can be found at Bet UK, including: