The Basics of the Heinz Bet in Sports Betting
The Heinz bet is a type of permutation bet that consists of a total of 57 individual bets. The main purpose of a bet like the Heinz is to allow punters to back multiple selections, while also managing risk. Permutation bets allow for one or more of your selections to lose and the bet can still win. This is why they are a popular alternative to straight up accumulators.
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The Theory: How the Heinz Bet Works
To place a Heinz bet, you need to put six (6) selections into your betslip. If done correctly, you will then see the option to place a Heinz bet in the multiples section.
A Heinz bet consists of a total of 57 bets, made up of:
- 15 doubles
- 20 trebles
- 15 four-fold accumulators
- 6 five-fold accumulators
- 1 six-fold accumulator
For this betting system to yield any kind of return, a minimum of two selections must win. As the bet is made up of 57 separate bets, your stake will be multiplied by 57. So if you place a €1 stake on a Heinz bet, your total stake will be €57.
Due to the high layout needed to place this bet, you would realistically be looking for at least three selections to win to land a profit. This does of course depend on the odds of the winning selections, so try to find some value.
3 Examples of Heinz Bets
To help you understand how the Heinz bet works, we’ve provided three examples to show the varying payouts that are possible depending on odds and results. As these bets are popular in Football, we will use this as an example with a €1 win stake (i.e. a €57 total stake).
Example 1
| Selection | Odds | Result |
| Man United to Win | 2/1 | WON |
| Chelsea to Win | 11/10 | WON |
| Liverpool to Win | 4/5 | LOST |
| Man City to Win | 11/10 | WON |
| Crystal Palace to Draw | 9/4 | LOST |
| Tottenham to Win | 5/2 | LOST |
This bet would pay out a total of €30.24. The three winning selections being at 2/1, 11/10, and 11/10 means the bet would pay out on 3 doubles and 1 treble.
Example 2
| Selection | Odds | Result |
| Man United to Win | 2/1 | WON |
| Chelsea to Win | 11/10 | WON |
| Liverpool to Win | 4/5 | LOST |
| Man City to Win | 11/10 | LOST |
| Crystal Palace to Draw | 9/4 | WON |
| Tottenham to Win | 5/2 | WON |
This bet would pay out a total of €224.30. The four winning selections at 2/1, 11/10, 9/4, and 5/2 would see a pay out on 6 doubles, 4 trebles, and 1 four-fold accumulator.
Example 3
| Selection | Odds | Result |
| Man United to Win | 2/1 | WON |
| Chelsea to Win | 11/10 | WON |
| Liverpool to Win | 4/5 | WON |
| Man City to Win | 11/10 | WON |
| Crystal Palace to Draw | 9/4 | WON |
| Tottenham to Win | 5/2 | WON |
This bet would pay out a total of €2,041. As all six selections have won, the bet will pay out on all of the possible 15 doubles, 20 trebles, 15 four-fold accumulators, 6 five-fold accumulators, and the 1 six-fold accumulator.
Conclusions
As one of the more commonly used permutation bets, especially by horse racing punters, the Heinz bet is certainly not one to be feared. As you can see from the above examples, not all of your selections have to win in order to secure a profit on your bet.
If you find yourself with six selections that you feel have a good chance of winning, you should consider a Heinz bet. This will provide you with some insurance compared to a regular accumulator bet, but at the cost of reduced payouts and higher stakes.
FAQS
Why is it called a Heinz bet?
Interestingly, it’s a nod to the famous food company Heinz. You’ll notice that all Heinz products feature the number 57 on their logo.
What does a Heinz bet consist of?
This bet consists of 57 bets made up of 15 doubles, 20 trebles, 15 four-folds, 6 five-folds, and 1 six-fold.
What is the minimum stake for a Heinz bet?
The minimum unit stake for this bet is 5 cents for a total stake of €2.85.
How does a Heinz bet differ from an Alphabet bet?
Both have six selections, but an Alphabet bet covers the singles, whereas a Heinz bet is more focused on the multiples.
Does it matter what order I put my selections in for a Heinz bet? -
No. In this bet, all permutations are covered regardless of the order on the betslip.