A full cover bet is any bet which consists of all available multiple bets over a given number of selections.
Examples of full cover bets:
- Trixie - three selections
- Yankee - four selections
- Canadian or Super Yankee - five selections
- Heinz - six selections
Examples of full cover bets with singles included:
- Patent - three selections
- Lucky 15 - four selections
- Lucky 31 - five selections
- Lucky 63 - six selections
The Lucky bets are so named because of the bookmaker's practice of offering bonuses for one or more winning selections; most common of which is 'double the odds' for one winner. The offering of a percentage increase in winnings for the success of two or more selections in these Lucky bets is primarily to compensate for the compounding of the overround when two or more events with individual overrounds on their books are combined in doubles, trebles and accumulators.
Famous quotes containing the words full, cover and/or bet:
“Every man who possibly can should force himself to a holiday of a full month in a year, whether he feels like taking it or not.”
—William James (1842–1910)
“See, there is a place by me where you shall stand on the rock; and while my glory passes by I will put you in a cleft of the rock, and I will cover you with my hand until I have passed by;
then I will take away my hand, and you shall see my back; but my face shall not be seen.””
—Bible: Hebrew, Exodus 33:21-23.
“What is faith but a kind of betting or speculation after all? It should be, “I bet that my Redeemer liveth.””
—Samuel Butler (1835–1902)