A Lucky 15 is a type of ‘full cover’ bet. Cover bets are described as bets which consist of all multiple bets available over a given number of selections.

How many bets in a lucky 15?

In the case of the Lucky 15, you bet on 4 different selections meaning there are 15 possible bets to cover, these being:

4 singles

6 doubles

4 trebles

1 fourfold accumulator

Lucky 15 explained

Only one winning selection is needed to give some sort of return, though this would not be of very much value. The beauty in cover bets is their flexibility and longevity. With an ordinary accumulator bet containing 4 selections, if the first selection is beaten it is already the end of the bet.

With a lucky 15, the first and even the second bets could lose but you will still be in with a chance of a return on the last two selections, meaning interest is maintained throughout the life of the bet. Although this is not the easiest bet to get to grips with as a novice, most online bookmakers will automatically display an option for a Lucky 15 as soon as you have selected 4 picks.

From there, you can enter your chosen stake amount but remember; this will be treated as your unit stake and then be multiplied 15 times given the nature of the bet. So, if you have chosen 4 selections and entered a 50p unit stake, the Lucky 15 bet will cost you a total of £7.50.

One of the advantages of betting on a Lucky 15 though is that it can be a cheap bet to place. Yes, you are placing 15 bets at once but you can do so with a very low unit stake, even 10p if you want. These bets therefore usually serve as a little bit of fun for casual gamblers, especially those watching horse racing.

The ‘15’ part the bet’s name is self-explanatory; however the ‘lucky’ part derives from the fact that these bets are often the subject of further win bonuses from bookmakers. For example, some bookies will offer a % bonus should all of your selections win, while others may do the opposite and offer a % as a consolation should only one of your picks be successful.

Betting sites that offer Lucky 15 Betting

Online Bookmakers	Bookmaker's Promotion	Amount	Bet Now
	Open Account Offer Bet £10 & Get £30 in Free Bets for new customers at bet365. Min deposit requirement. Free Bets are paid as Bet Credits and are available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&Cs apply. Registration required.	£30	Bet now
	Bet £10 and get £30 in free bets New online customers only, min £10/ €10 stake, win only, min odds 1/2, free bets paid as 3 X £10/€10, 30 day expiry, free bet/payment method/player/country restrictions apply.	£30	Bet now
	Welcome Offer - Bet £10 Get £30 New 18+ UK customers. Deposit & place bet on sports at a minimum of £10 in one bet transaction at evens (2.0)+ within 7 days of registering. £30 paid in Free Bets within 10 hours of bet settlement, expires 7-days after issue. E-Wallet & Prepaid Card restrictions apply. Your first bet must be settled within 7 days of registration. Proof of I.D and address may be required. Full T&C's apply.	£30	Bet now
	£30 Matched Free Bet If Your First Acca Loses + 50 Free Spins New UK customers only. Min Stake: £5. Maximum Free Bet: £30. First bet on a Football or Horse Racing multiple with 3+ selections. Overall odds: 3.00 (2/1) or higher. Free Bets available upon settlement of the qualifying bet. 50 Free Spins on Big Bass Bonanza (£0.10 per spin) credited on settlement of qualifying Acca bet. No wagering requirements on free spin winnings. Debit Card deposit only (exclusions apply). This offer is valid 7 days from the new account being registered. 18+ BeGambleAware.o	£30	Bet now

What is a lucky 15 in horse racing?

Here we can see an example of how much a 50p Lucky 15 would return if 3 of the 4 picks won:

Horse A (3/1) – won
Horse B (2/1) – lost
Horse C (5/1) – won
Horse D (5/2) – won

Single wins on horses A, C & D = £5.25
Doubles on horses A & C plus horses C & D = £22.50
A treble on horses A, C & D = £42.00
Total returns (for a £7.50 stake) = £69.75

These potential returns, even when one selection has lost, are what keeps casual racing punters coming back to Lucky 15’s. Should an online bookmaker be offering a win bonus on these bets too then they do start to represent genuine value.