chapter 2.7 - heinz bet

HEINZ BET

A Heinz bet involves 57 different lines on a total of six individual selections. The bet takes its name from the ‘57 Varieties’ slogan that we see on the Heinz containers. As a consequence, it can sometimes be referred to as a Heinz 57 bet. So, the next time you are squeezing some tomato ketchup, remember this bet!

Firstly, let’s answer the important question in full, what is a Heinz bet?
Heinz bet Illustration
Heinz bet Illustration
A Heinz consists of 57 bets on six selections i.e. 15 doubles, 20 trebles, 15 fourfold accumulators, six fivefold accumulators, and one sixfold accumulator. Two or more selections must be successful to have a return. A £1 Heinz costs £57. A £1 each-way Heinz costs £114.

With the Heinz bet explained, it may also help to think of it as an accumulator bet, only with more chances to see a return on your money!

If you have six winning selections, the six-fold accumulator is the centre-piece of this bet that will earn you the biggest percentage of your overall winnings. However, every step you take closer to that combination, i.e. three, four or five winning selections, means you are already building up some payouts.

The initial stake is greater in this bet compared to an accumulator but, crucially, if you are let down by only or two selections you will still be seeing some returns on your money. Let’s take a Heinz bet example to further illustrate how you might use this bet.

WIN HEINZ

Below is a potential win only Heinz bet on six races at Cheltenham. For a £1 win only Heinz on these selections, the total cost of the bet is £57.
Heinz bet example
If we stick with the £1 stake (total cost £247) the returns are lucrative if all selections are winners. In this case, the total return would be in excess of £37,637 on our Goliath bet.

As we have already demonstrated with other multiple bet types, the potential exists for sizable returns on relatively small stakes in this type of bet.

It is the same with Heinz bets. In the example above, the total return if all selections are successful would be more than £4k.

Heinz bet example

EACH-WAY HEINZ

You can always use Heinz betting for each-way bets. A £1 each-way Heinz costs a total of £114. Once more, the suggestion is to go each-way on a Heinz bet if some, or all, of your selections are at slightly longer prices to win their races or they are not necessarily favourites to do so.

This ensures that you can see a handsome profit if all your selections make the frame, while you will also be collecting the win-only doubles and trebles should you manage to have two/three winners in the bet.

Here is a potential Cheltenham-based each-way Heinz selection:
Heinz bet example
If all six of our selections above are winners, this £114 Heinz bet would return in excess of £191k!

Depending on the number of winners, there are of course many potential win amounts for this bet. But it is worth noting that by just getting all six horses placed in the first three, the bet would return £1673.98.

HEINZ BETS ON OTHER SPORTS

The Heinz bet is popular on most sports that you can think of to bet on. If you are considering placing a Heinz bet for the first time, you could use a Heinz bet calculator to help determine the total initial stake you want to use and also the potential returns. This should help you decide if this is the correct bet for you.

Heinz bet Calculator
Below is an example of a Heinz win only bet on a round of Champions League matches.
Heinz bet example
If you have trouble getting all your selections right on football betting and are being let down by one or two selections more often than not, the Heinz is a great way to try and make an overall profit in such cases.

In the scenario above, the initial stake of £57 could be more than doubled even with just three winning selections from the six shown.

Now that we have reviewed the Heinz, our next bet to cover is the Canadian bet – sometimes known as a Super Yankee. Also, be sure to keep reading with us to uncover the Super Heinz bet!
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