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Not sure where to start? Our team of experts has carefully curated a recommended list of betting sites that offer the Lucky 63 bet.
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Lucky 63 Bet Explained
A Lucky 63 bet is one of the most popular forms of multiple bets among Ireland and the UK punters. It is especially popular for those betting on horse racing and greyhounds, but it can be applied to various sports.
A Lucky 63, as the name suggests, consists of 63 separate bets: 6 singles, 15 doubles, 20 trebles, 15 four-folds, 6 five-folds and a six-fold accumulator. Whereas the Lucky 15 bet requires four selections and the Lucky 31 bet requires five selections, the Lucky 63 bet requires six selections.
How Does a Lucky 63 Work?
A Lucky 63 bet is placed on six selections, for example, six different horse races. When punters place a Lucky 63 bet, they place 63 different bets on those six selections. This is broken down as follows:
Bet Type | Number of Bets |
---|---|
Singles | 6 |
Doubles | 15 |
Trebles | 20 |
Four-folds | 15 |
Five-folds | 6 |
Six-folds | 1 |
Total | 63 |
How Much Does a Lucky 63 Cost?
The total cost of a Lucky 63 bet depends on the unit stake punters placed on the bet. Their unit stake is multiplied by 63 to get the total cost of the bet.
For example, a €1 Lucky 63 bet will cost punters €63 (€1 x 63). Whereas a €0.50 Lucky 63 bet will cost punters €31.50 (€0.50 x 63).
How Do You Win?
For punters to win money, they need at least one of their six selections to win. This will give them a winning single bet.
Example 1
Bob places a €1 Lucky 63 bet on six horses (A,B,C,D,E,F)
Outcome: Horses A,B,C,D and E all lose, but Horse F wins at 3/1.
Result: Bob's return is €4 (A €1 single bet on Horse F at 3/1)
As is evident, unless the winning single is a very big-price selection (63/1 and over), punters will need to make a profit from correctly predicting one event.
The potential outcomes
To illustrate how many events punters will typically need to correctly predict to make a profit, let's say all of the horses are priced at 3/1.
Example 2
Bob places a €1 Lucky 63 on six horses for a total stake of €63. Each horse is priced at 3/1.
Potential outcomes
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0 selection wins – 0 return with a loss of -€63
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1 selection wins – €4 return with a loss of -€59
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2 selections win – €24 return with a loss of -€39
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3 selections win – €124 return with a profit of €61
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4 selections win – €624 return with a profit of €561
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5 selections win – €3,124 return with a profit of €3,061
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6 selections win – €15,624 return with a profit of €15,624
In this example, Bob needed three of his six selections to win in order to make a profit on the bet. What is also evident is that the profit margin gets exponentially bigger the more winners Bob selects.
If Bob was to correctly pick the winning horse of all six races, he would win €15,624. As is the case with all bets, though, how you win depends on the odds of the selections.
Example 3
Bob places a €1 Lucky 63 on six horses for a total stake of €63. Each horse is priced at Evens (1/1).
Potential outcomes
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0 selection wins – 0 return with a loss of -€63
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1 selection wins – €2 return with a loss of -€61
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2 selections win – €8 return with a loss of -€55
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3 selections win – €26 return with a loss of -€37
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4 selections win – €80 return with a profit of €17
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5 selections win – €242 return with a profit of €179
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6 selections win – €728 return with a profit of €665
In this example, because the odds on the horses winning are lower, Bob needs four winning selections to make a profit.
As is also evident, Bob's potential winnings are significantly lower. Conversely, the lower odds on these horses would suggest that they have a greater chance of winning than horses priced at 3/1.
How Do You Calculate Your Winnings?
Often, the easiest way to calculate your winnings is to use an online bet calculator. However, it can also be done the old-fashioned way with some maths.
Firstly, if using fractional odds, convert these into decimal odds by dividing the numerator (the top number) by the denominator (the bottom number) and then adding one. For example, 3/1 becomes 4.0, while 9/4 becomes 3.25.
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Single bets: decimal odds x stake = return
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Doubles: selection 1 odds x selection 2 odds x stake = return
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Trebles: selection 1 odds x selection 2 odds x selection 3 odds x stake = return
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Four-fold: selection 1 odds x selection 2 odds x selection 3 odds x selection 4 odds x stake = return
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Five-fold: selection 1 odds x selection 2 odds x selection 3 odds x selection 4 odds x selection 5 odds x stake = return
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Six-fold: selection 1 odds x selection 2 odds x selection 3 odds x selection 4 odds x selection 5 odds x selection 6 odds x stake = return
The Each-Way Lucky 63 Bet
A variation to the Lucky 63 bet is the each-way version, which includes 63 win bets but also 63 each-way. In total, it includes 126 bets.
Importantly, the total stake for an each-way Lucky 63 is double that of a standard Lucky 63. For example, a €1 each-way Lucky 63 bet will cost €126.
The each-way Lucky 63 gives you a payout for every horse that places as well as every horse that wins.Bookmakers usually offer 1/5 or 1/4 of the odds for the place part of an each-way horse racing bet.
Example 1
Bob places a €5 each-way bet (€10 total stake) on a horse at odds of 10/1, with bookmakers offering 1/5 of the win odds for place money.
If Bob's horse is placed, Bob's winning odds are one fifth of 10/1 = 2/1. So Bob will win €5 x 2/1 = €10. His total return will be €15, representing a €5 profit on his total stake.
However, Bob should bear in mind that if his selection was under 5/1 he would lose money on the bet, even if the horse places.
Example 2
Bob places a €5 each-way bet on a horse at odds of 3/1, with bookmakers offering 1/5 of the win odds for place money.
If Bob's horse is placed, Bob's winning odds are one fifth of 3/1 = 3/5. So Bob will win €5 x 3/5 = €3.
His total return will be €8, representing a €2 loss on his total stake.
Tip: It is often sensible to include selections in your each-way Lucky 63 for which the each-way place payout on an each-way single will be more than your original stake.
Example 3
Bob places a €1 each-way Lucky 63 on six horses all at odds of Evens.
Potential outcomes
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0 selection place – 0 return with a loss of -€63
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1 selection places – €1.25 return with a loss of -€124.75
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2 selections place – €4.06 return with a loss of -€121.94
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3 selections place – €10.39 return with a loss of -€115.61
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4 selections place – €24.63 return with a loss of -€101.37
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5 selections place – €56.67 return with a loss of -€69.33
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6 selections place – €128.75 return with a profit of €2.75
As the example shows, the only way Bob can make a profit is if all six horses are placed and, even then, the profit is only €2.75.