Heinz Betting Term Meaning
A Heinz bet is a full-coverage combination wager using six selections. The name comes from the famous Heinz foods slogan ‘57 varieties’, as there are 57 individual bets in a Heinz wager.
These bets are made up of 15 doubles, 20 trebles, 15 four-folds, 6 five-folds, and 1 six-fold accumulator. You can think of a Heinz bet as being one step up from a Super Yankee, which covers five selections in this way instead of six. As there are no single bets involved, at least two selections have to win in order for the bettor to get a return.
How to place a Heinz bet
To place a Heinz bet, the first thing you have to do is choose your six selections. We’re going to use these matches from the English Premier League:
Bournemouth to win vs Newcastle
Burnley to win vs Leicester
West Ham to win vs Huddersfield
Liverpool to win vs Fulham
Everton to win vs Chelsea
Manchester Utd to win vs Watford
As this is a full-coverage bet, you can add your selections to the bet slip in any order. Look for the ‘system bets’ or ‘combinations’ option (this varies between sportsbooks) and select Heinz. Your bet will then be formed as shown below, where ‘1x2’ refers to the bet numbers.
Doubles (15 bets)
1x2, 1x3, 1x4, 1x5, 1x6, 2x3, 2x4, 2x5, 2x6, 3x4, 3x5, 3x6, 4x5, 4x6, 5x6
Trebles (20 bets)
1x2x3, 1x2x4, 1x2x5, 1x2x6, 1x3x4, 1x3x5, 1x3x6, 1x4x5, 1x4x6, 2x3x4, 2x3x5, 2x3x6, 2x4x5, 2x4x6, 2x5x6, 3x4x5, 3x4x6, 3x5x6, 4x5x6
Four-folds (15 bets)
1x2x3x4, 1x2x3x5, 1x2x3x6, 1x2x4x5, 1x2x4x6, 1x2x5x6, 1x3x4x5, 1x3x4x6, 1x3x5x6, 1x4x5x6, 2x3x4x5, 2x3x4x6, 2x3x5x6, 2x4x5x6, 3x4x5x6
Five-fold (6 bets)
1x2x3x4x5, 1x2x3x4x6, 1x2x3x5x6, 1x2x4x5x6, 1x3x4x5x6, 2x3x4x5x6
Six-fold (1 bet)
The wager contains 57 individual bets, so staking £1 per bet will mean a total stake of £57.
Calculating a Heinz bet payout
To payout of this bet depends on how many selections are correct and which ones they are. For instance:
Only bet No. 1 (Bournemouth to win vs Newcastle) is correct.
No return as there are no single bets
£57.00 overall loss
Bet No. 1 and 2 are correct, the others lose.
You win 1 double bet (1x2) =
2.05 x 2.90 = 5.95
£5.95 return. £51.05 overall loss
Bet No. 1, 2 and 3 are correct, the others lose.
You win 3 doubles bet (1x2, 1x3, 2x3) and 1 treble (1x2xs3)
1x2 = 2.05 x 2.90 = 5.95
1x3 = 2.05 x 1.55 = 3.18
2x3 = 2.90 x 1.55 = 4.50
1x2x3 = 2.05 x 2.90 x 1.55 = 9.22
£22.83 return. £34.17 overall loss
Even with three winning bets, our overall loss is still more than 50% of the stake. This is because the odds on some of our bets are rather low. Assuming all six bet selections were correct, so you had the perfect Heinz, the return would be:
15 doubles: returns £71.32
20 trebles: returns £196.63
15 four-folds: returns £295.69
6 five-folds: returns £230.66
1 six-fold accumulator: returns £73.13
£867.43 return. £810.43 overall profit
Why place a Heinz bet?
As you can see from our example, the payout from a Heinz bet can be huge. Even with six selections at relatively low-odds, around 1.20, you’re still looking at a payout over £100 if they are all correct. Add in one outside bet at 3.2 and your payout jumps to over £200.
One of the trade-offs with a Heinz bet is that there are no single bets, so as we mentioned, at least two of your selections have to win before you see any return. To mitigate that, some players place a Lucky 63 bet instead, which is the same as a Heinz except your six selections are also backed as single bets.