A full cover bet is any
bet
Black Entertainment Television (acronym BET) is an American basic cable channel targeting African-American audiences. It is owned by the CBS Entertainment Group unit of Paramount Global via BET Networks and has offices in New York City, Los A ...
which consists of all available multiple bets over a given number of selections.
Examples of full cover bets:
* ''
Trixie'' - three selections
* ''
Yankee
The term ''Yankee'' and its contracted form ''Yank'' have several interrelated meanings, all referring to people from the United States. Its various senses depend on the context, and may refer to New Englanders, residents of the Northern United St ...
'' - four selections
* ''
Canadian or Super Yankee'' - five selections
* ''
Heinz'' - six selections
* ''
Super Heinz'' - seven selections
* ''
Goliath
Goliath ( ) ''Goləyāṯ''; ar, جُليات ''Ǧulyāt'' (Christian term) or (Quranic term). is a character in the Book of Samuel, described as a Philistine giant
In folklore, giants (from Ancient Greek: ''gigas'', cognate giga-) a ...
'' - eight selections
Examples of full cover bets with singles included:
* ''
Patent
A patent is a type of intellectual property that gives its owner the legal right to exclude others from making, using, or selling an invention for a limited period of time in exchange for publishing an enabling disclosure of the invention."A p ...
'' - 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.
[Lucky 15 Bonus structure](_blank)
/ref>
/ref>
/ref> 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
In gambling parlance, making a book is the practice of laying bets on the various possible outcomes of a single event. The phrase originates from the practice of recording such wagers in a hard-bound ledger (the 'book') and gives the English langu ...
when two or more events with individual overrounds on their books are combined in doubles, trebles and accumulators.[{{cite web , url=http://www.frixo.com/sbook/articles/full-cover-bet-explained.asp , title=Full Cover Bet Explained , publisher=Frixo , accessdate=7 May 2014]
See also
* Glossary of bets offered by UK bookmakers
This is a non-exhaustive list of traditional and popular bets offered by bookmakers in the United Kingdom. The 'multiple-selection' bets in particular are most often associated with horse racing selections but since the advent of fixed-odds bett ...
, a list of traditional and popular bets.
* Mathematics of bookmaking
In gambling parlance, making a book is the practice of laying bets on the various possible outcomes of a single event. The phrase originates from the practice of recording such wagers in a hard-bound ledger (the 'book') and gives the English lang ...
References
Wagering