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Lucky 31 Betting Calculator & Guide
Lucky 31 bets is the middle child of Lucky bet types from the three options available. This particular bet consists of five selections that can be placed across different events. These five bets come together to create 31 separate bets, these include a five-fold accumulator, five four-fold accumulators, 10 trebles, 10 doubles and five single bets. If all selections win, this bet can be very profitable. However, this bet offers opportunities for consolation wins if just one selection wins. If you're placing a Lucky 31 on Horse Racing, you'll have the option to select the likes of 'dead heat' and 'place' in our bet calculator.
Lucky 31 Bet Calculator
Use our Lucky 31 Bet Calculator to calculate the stake and any potential returns that you may have for your bet. The more selections you add, the higher your lucky multiple bet may be. Lucky 31 is the medium variant with Lucky 15 and Lucky 63.
How to use the BetUK Lucky 31 betting calculator?
The 'Lucky' series of bets aren't the most complicated bet types in the world but they do still take a little bit of experience to get your head firmly wrapped around them, this is why if you're not experienced with the 'Lucky' bets, you should look to use a betting calculator which will be able to tell you what your profit/loss will be for a single double winning all the way to the full accumulator win. In this instance, for a Lucky 31 bet, you'll have a fivefold accumulator and 31 bets of equal value.Check out our step-by-step guide to using our Lucky 31 bet calculator.
Step 1: As the Lucky 31 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 betting 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 Lucky 31 bet, some options in your bet may lose, so check out what you could still turn a profit with by selecting certain bets to lose.
What is a Lucky 31 Bet?
A Lucky 31 bet consists of 31 bets of equal value. These bets consist of four selections which are added in a wide variety of ways, they are: a five-fold accumulator, five four-fold accumulators, 10 trebles, 10 doubles and five single bets. This is a bet with a number of pros and cons, so be sure to read up on all potential bets you can place.
Can Lucky 31's Bets be profitable?
Lucky 31 bets can definitely be profitable but there are also large risks that come from any multiple bets. Depending on your stakes, it is possible that a single bet could lead to a profit but typically most bets will require multiple winning selections to be profitable.
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 £98.89 (closest possible value to £100) with each horse priced at 3/1, your totals would equal:
O Selection Wins - £0 return with a loss of £98.89
1 selection wins – £22.35 return with a loss of £76.54
2 selection wins – £76.65 return with a loss of £22.24
3 selection wins – £1,992 return with a profit of £1893
4 selection wins – £4,155 return with a profit of £4,055
5 selection wins - £9,975 return with a profit of £9,877
In this situation, you can find that one winner can make a world of difference, with two wins, players would make a loss of £22.24 but with three make a profit of £1,893, naturally, this differs depending on the size of your bet but it does demonstrate exactly how profitable these bets can be.
Lucky 31 Bet Pros
Lucky 31 bets provide larger winning potential, which is why they're particularly popular amongst veteran bettors. Lucky 31 bets with high odds can provide profits with small victories and also a level of security that accumulator bets do not. This bet is also offers medium security with medium levels of potential wins when it comes to multiple bets as it has fewer selections than the likes of Yankee bets and Super Heinz but a higher risk than the likes of the Lucky 15.
Lucky 31 Bet Cons
The first Lucky 31 disadvantage is similar to that of all multiple bets, the stake. For this bet, the initial stake of each bet is multiplied by 31 to accumulate to the total stake. In this case, the multiplication is x31; however, for most multiples, this is significantly higher. The higher your multiple, the greater your risk. If you have a basic stake of £1 per bet, your total stake will be £31.
Can I place each way Lucky 31 bets?
Yes! Any Lucky 31 bet can be expanded to cover Each Way, which means if you're looking to place a bet on four different horse races, you can do so with just one bet. This will simultaneously cover both win bets and place bets for all horses that are included in your selections. As the chances of a Lucky 31 bet coming off are relatively low, we recommend utilising the Each Way option on any bet you place.
Are Lucky Bets similar to Heinz bets?
Lucky bets are very similar to Heinz bets. However, the main difference is that with Lucky bets, they contain single bets while Heinz bets only contain doubles, trebles and accumulators. With four additional single bets, there is an increased opportunity for winner consolation with just one stake.
Are Lucky 31 Bets popular?
Lucky 31's are the least popular of the Lucky bets as it acts as a happy medium for Lucky bets, most bettors who place these bets are either looking at lower risk or significantly higher risk in their bets. However, if you're a player who doesn't know too much about the differences between the Lucky bets, Lucky 31 is definitely a good place to start.
What sports should I use for Lucky 31 Bets?
There are three sports that are common for Lucky 31 betting are Football, Horse Racing and Greyhounds, these are also some of the most popular sports in the world. Football provides a wide range of markets over 100 different ways to bet on each match, however, the average odds per match are relatively small. On the other hand, Greyhounds and Horse Racing have a smaller range of markets but significantly higher odds on average. So if you're looking for smaller wins but heightened opportunities to win, check out football, if you're looking for larger odds, check out Greyhounds and Horse Racing betting.
Can I use Free Bet stakes on a Lucky 31 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 £9.90 on a Lucky 31 bet which equates to 0.66p 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 Lucky 31 bet. Decimal bets are typically harder to read and therefore aren't recommended for multiples bets such as the Lucky 31 bet.
What bet types can I find at Bet UK?
There are dozens of bet types that can be found at Bet UK, including: