What’s a Heinz Bet — The Ultimate Guide
The Heinz bet is another patent system where multiple selections are used to form a combination. In this instance, there are 57 bets in the overall selection and the wager gets its name from the fact that it coincides with the famous “57 varieties” advertising slogan of the Heinz company.
Within this guide we will answer the simple question what is a Heinz bet and we’ll show you how to stake with an example from an actual sportsbook. We’ll also consider strategies and whether or not this system can be used within a common formula.
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The Simple Mechanics Behind the Heinz 57 Bet
As mentioned, there are 57 bets in a Heinz bet. For that reason, it can sometimes be referred to as a Heinz 57 bet. In order to compile those 57 bets, we need to pick six sporting selections. From those six events, the entire system is made up of the following:
- 15 Doubles
- 20 Trebles
- 15 Four-Fold Accumulators
- 6 Five-Fold Accumulators
- 1 Six-Fold Accumulator
When choosing our base stake, it will be multiplied by 57 so, if we were comfortable with wagering £1.00 on each of those bets, our total outlay would be £57.00.
This is not a straight line multiple and, as we can see from the Heinz bet breakdown, we only need one double to land in order to claim a return. However, the wager would need more than one double to provide the bettor with an overall profit.
When staking, it’s recommended that you check the odds across all six selections and see how many will need to win in order for an overall profit to be returned. Usually, best UK football betting sites will outline this before you confirm your stake or, alternatively, you can use a Heinz bet calculator.
In terms of strategies, a Heinz bet is no different from any other single sports wager or betting system. You will need to do some research into all of the selections and that includes current form plus any available head-to-head stats between the two sets of opponents.
For those that like to stake a Heinz bet football and horse racing can be the two most popular options, but the system can be used on any sport. As long as there are six separate events within the category then a Heinz can be used.
Now that we have the thinking behind a Heinz bet explained, it’s time to look at the exact process of placing our wager.
How do I Place a Heinz 57 Bet?
When using an example of a Heinz bet football markets are usually the best way in which to illustrate the system. At the time of compiling this guide, Euro 2020 was just about to start so we’ll use the first round of matches as our guide in this instance.
From the first set of games, our six selections are Italy, Poland, Belgium, Wales, Czech Republic and, to mix it up, we have picked a draw between Hungary and Portugal. When picking out a Heinz bet, you don’t have to go for a match winner every time. Similarly, we could have picked other markets such as Total Goals or Both Teams to Score.
As you can see, the sportsbook’s default is to show six single bets. However, we want our Heinz bet type, so we simply click on the button marked multiples. We now have a set of options, so we tick the right one and we get a Heinz bet breakdown.
We also get a Heinz bet calculator so, as you can see here, with a £1.00 unit stake and a total outlay of £57.00, our potential returns are £1503.92. If we are happy, all we need to do is click the big yellow button and our Heinz bet is active.
Depending on the sportsbook that you use, the bet slip will look a little different, but the process will, essentially be the same. The main thing is that you now know what’s a Heinz bet and how you can stake one in an actual scenario.
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A Heinz Bet Breakdown of Winnings
Example:
- 6 selections
- each selection is priced 1/1
- bet £1 on a Heinz
- total stake of £57
Possible returns:
- Double - £4
- Treble - £8
- 4-Fold - £16
- 5-Fold - £32
- 6-Fold - £64
Selections Win | Winning Bets | Return | Profit/Loss |
0 | - | 0 | -£57 |
1 | - | 0 | -£57 |
2 | 1 Double | £4 | -£53 |
3 | 3 Doubles; 1 Treble | £20 | -£37 |
4 | 6 Doubles; 4 Trebles; 1 Four-Fold | £72 | £15 |
5 | 10 Doubles; 10 Trebles; 5 Four-Fold; 1 Five-Fold | £232 | £175 |
6 | ALL | £716 | £659 |
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