What is a Lucky 63?

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 

• 0 selection place – 0 return with a loss of -€63
• 1 selection places – €1.25 return with a loss of -€124.75
• 2 selections place –  €4.06 return with a loss of -€121.94
• 3 selections place –  €10.39 return with a loss of -€115.61
• 4 selections place –  €24.63 return with a loss of -€101.37
• 5 selections place –  €56.67 return with a loss of -€69.33
• 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. 

Our Verdict on Lucky 63 Bets

Lucky 63 bets are a popular choice among punters in Ireland and even the UK, which consists of 63 individual bets placed on six sections with varying combinations. The total cost of the bet is calculated by multiplying the initial unit stake by 63, with at least one winning selection necessary to receive a return and potential profits increasing with more than one correct prediction. Overall, the Lucky 63 bet will offer improved chances of winning and a potential for significant payouts. However, punters should still be wary of their total stake and the inability to adjust stakes when it comes to specific bets.