What is a Heinz bet?
A Heinz bet is a special type of combination bet that features 57 different bets across six selections. Named after the famous food company and its' "57 varieties" slogan, a Heinz bet offers every permutation of six chosen selections, all wrapped up into one bet.
Given the different types of bet involved, plus the sheer number of bets included, a Heinz bet may seem like a complicated, daunting prospect at first glance. But don't worry, we're here to simplify everything so you're fully clued up on everything you need to know about Heinz bets. By the end of this guide you'll be ready to head to one of the best UK bookmakers and place your first Heinz bet.
How does a Heinz bet work?
A Heinz bet works by taking six selections and combining bets for each and every permutation of wins among those six bets. There are 57 different permutations, so a Heinz bet features 57 bets, one for each winning permutation.
Heinz bets cannot be placed on a single event. Instead, bettors can combine bets from a host of different events. Some bettors prefer to keep their Heinz bets sport-specific, while others like to mix and match across different sports, often across a single day, or a sporting weekend.
Typically, the lowest unit stake you can place on a Heinz bet is £0.10p, which means the smallest total bet you can make on a Heinz bet is £5.70.
With 57 different bets in play, there are so many variables at play when you place a Heinz bet. Here are the 57 different bets included in a Heinz bet:
- 15 doubles
- 20 trebles
- 15 four-folds
- 6 five-folds
- 1 six-fold accumulator
A Heinz bet includes individual bets on each of the above, meaning a £1.00 Heinz bet would result in a total stake of £57.00.
One example of a Heinz bet could be from a weekend football list, with a six teams chosen to win their respective matchups. For example:
- Newcastle United to beat Chelsea
- West Ham United to beat Manchester United
- Nottingham Forest to beat Leicester City
- Crystal Palace to beat Tottenham Hotspur
- Liverpool to beat Arsenal
- Rangers to beat Aberdeen
If two or more of your selections win, you’re guaranteed some sort of return on your stake. But your returns start to increase significantly once you get a third, fourth, fifth, or even a sixth winner from your six bets, as every relevant combination of winning bets pays out.
As a simple example, let’s look at a £1.00 (£57.00 total stake) Heinz bet featuring six bets, all at odds of 3/1.
NO. OF WINNERS | WINNING BETS | TOTAL RETURN | TOTAL PROFIT |
2 | 1x double | £16.00 | -£41.00 |
3 | 3x doubles1x treble | £112.00 | £55.00 |
4 | 6x doubles4x trebles1x four-fold | £608.00 | £551.00 |
5 | 10x doubles10x trebles5x four-folds1x five-fold | £3,104.00 | £3,047.00 |
6 | 15x doubles20x trebles15x four-folds6x five-folds1 accumulator | £15,600.00 | £15,543.00 |
The winnings start to get more significant when you get four or more winning bets, as you get not only the winning four-fold, but also the winning trebles within that, plus all of the relevant doubles featuring those winning teams.
It means that, if you are able to get most of your selections right, you should be in for a chunky payout.
Read: What does EVS mean in betting?
The benefits of Heinz betting
There are several key reasons why you might want to consider Heinz betting:
Spreading the risk, with higher potential for a return
Most straight-up bets are a simple case of winning and losing, but with a Heinz bet, you have the opportunity to still get money back, even if the majority of your picks fail to come in. Your total stake money is spread across a number of bets, which means that your risk is spread across those 57 bets.
More margin for error than other combination bet types
A standard accumulator bet demands that every one of your selections has to be a winner for you to get any return. But, by spreading your stake across 57 bets, rather than across fewer selections, you can cover off all eventualities from two selections winning all the way up to all six. That flexibility costs you more in terms of the amount you need to stake, but in return you also get the potential for huge payouts if most, or all, of your selections win.
Heightens engagement in several sporting events at a time
Because you have to bet on six different sporting outcomes, Heinz betting means that, through necessity, you become invested in more sporting events. Placing a Heinz bet can turn a regular sporting weekend into something much more enjoyable as you follow the fortunes of six different teams, players or horses over the course of a weekend. Our full guide on how to bet on sports explains how to get the most out of your sports betting. in more detail
If you get it right, you can win big
Everybody would love to turn a small bet into a huge win, and with a Heinz bet, that’s certainly a possibility. A £1.00 Heinz bet (£57.00 total stake) could return a huge sum if you get six out of six selections correct. The size of the winnings will depend in the size of the odds in your selections – if they’re mostly odds-against selections, the return could be massive, compared to your initial stake. You need to pick wisely, of course, but if you get it right, you could hit the jackpot.
The downsides of Heinz betting
The main downside of a Heinz bet is your initial stake needs to be significantly higher than you’d place on a regular accumulator. You have 57 different bets to make within your one Heinz bet, and with the lowest stake per line typically £0.10p, the smallest total stake you can bet on a Heinz is £5.70. For some beginners or low-stakes bettors, that might be a little on the high side.
The other downside to Heinz betting is the complexity of the bet itself. With so many permutations contained within a Heinz bet, it can be difficult to calculate potential winnings without the use of an online betting calculator.
How to place a Heinz bet
- If you haven’t already, sign up for an online betting site and create an account.
- Identify the six individual bets you want to include in your Heinz bet. Bettors often like to include several bets from the same sport, or from events taking place across the same day.
- Once you’ve identified your six bets, add them to your betslip.
- Once all six selections are added, check the bottom of the betslip, where a number of different multiples options are available. The last available option will be a Heinz (often accompanied with a x57).
- Once you’ve selected Heinz, you then need to add your unit stake. Remember, this is the stake for each individual bet within the Heinz bet. For example, a £1.00 Heinz bet will cost a total stake of £57.00.
- Check the betslip to make sure the selections are correct, that you’ve chosen Heinz as your bet option, and you’re happy with your stake and the total amount you’re about to bet. Then, if you’re happy, you can place your bet. Good luck!
Read: What is exchange betting?
Heinz betting tips and tricks
Do your research and bet on sports you know well
As with all bets, make sure you are as well clued-up on the sport, the event and the participants as possible. It pays to stick to the sports you know best, as they’ll offer the best opportunities for you to spot the best value available on any given day. A combination of solid knowledge and excellent research wil put you in the best position to place a winning bet.
Make use of promotions where you can
Heinz bets aren’t the cheapest, so it’s always worth making use of betting promotions to help reduce your risk. Anything that means your stake includes less of your own money only helps reduce your exposure, and means you don’t need to win as much money to cover your real-life stake.
Use a Heinz bet calculator to assess your bets
Heinz bets are complicated, multi-layered wagers. Be sure to make use of one of the many bet calculators online to check your potential winnings, rather than relying on complicated mental arithmetic.
Stay in control of your stake
Always remember, with a Heinz, your total stake will be 57 times your unit stake. So if you’re betting with a unit stake of £1.00, your total stake on the Heinz bet will be £57.00. Heinz bets are among the more expensive you’ll find, so make sure you always have the total stake in mind. We talk about this in more detail in our guide to responsible gambling.
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FAQs
Is a Lucky 63 better than a Heinz bet?
Yes. A Lucky 63 is better than a Heinz bet because it also includes all of the singles bets, in addition to the doubles, trebles, four-folds, five-folds and six-fold accumulator. It costs more (63 times your unit stake rather than 57) but it offers even more opportunity to get some return on your initial outlay.
How many winners do you need for a Heinz bet?
In order to earn winnings on a Heinz bet, the minimum number of winners you need from your six chosen selections is two. However, it’s only if you get a third winning selection, or more, that your winnings start to really increase.
Are Heinz bets worth it?
That really depends how you like to bet. If you are someone who tends to get more bets right than wrong, Heinz bets can offer a lower-risk route to profit, but if your track record is patchy, you could end up racking up losses very quickly. In general, Heinz bets are best suited to regular bettors who have a specialist knowledge of one or two sports that they can use to place them.
What does a Heinz bet mean?
A Heinz bet is a combination wager that features six different selections, and 57 different bets in total. It’s named after the famous Heinz food company, with its “57 varieties” slogan.