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:
“Why are we so full of restraint? Why do we not give in all directions? Is it fear of losing ourselves? Until we do lose ourselves there is no hope of finding ourselves.”
—Henry Miller (18911980)
“I wouldnt pray just for a old man thats dead because hes all right. If I was to pray, Id pray for the folks thats alive and dont know which way to turn. Grampa here, he aint got no more trouble like that. Hes got his job all cut out for him. So cover him up and let him get to it.”
—Nunnally Johnson (18971977)
“Daniel: Im glad to know you.
Jerry: How can you be glad to know me? I know how Id feel if I were sitting with a girl and her husband walked in.
Lucy: Ill bet you do.”
—Vina Delmar, U.S. novelist, playwright. Daniel (Ralph Bellamy)