What is Perm Patent Betting in Horse Racing?

| Wednesday 24th July 2024, 10:39am

Wednesday 24th July 2024, 10:39am

In a companion piece we've looked at what exactly a 'Patent' bet is. I'll refresh that detail, below. Now we have another tweak to consider - a Permed Patent. The fascinating world of wagering knows few bounds, with imaginative ways to have fun for often modest stakes. To spread your interest not only around several selections, but a huge number of possibilities within those selections.

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Quick recap - a Patent comprises three selections. We then play them as potentially three single win bets; three doubles; and one treble. Total number of bets required then? Seven. A £1 Patent will cost £7.

OK - let's have a bit more fun. How about making four selections? Five? Six even? Here's the dictionary definition.

A Permed Patent involves between 4 and 6 selections, with the Patent being made up of all the possible combinations of three different selections; Singles, Doubles, and Trebles.

So we're using the additional selections and blending them in with the basic Patent concept. There's now much more going on, so many more bets, and we have to remember that when thinking about our stake.

With six selections, the Permed Patent consists of a total of 140 bets (effectively 20 Patents). A 10p win Permed Patent using six horses would therefore cost £14.

With five selections, the Permed Patent consists of a total of 70 bets (effectively 10 Patents). A 10p win Permed Patent using five horses would therefore cost £7.

With four selections, the Permed Patent consists of a total of 28 bets (effectively four Patents). A 10p win Permed Patent using four horses would therefore cost £2.80.

Can it be done each-way? Yes. Just double the total stake, because there will be double the number of bets.

Another little wrinkle to consider - enjoy.

You can work out your potential winnings before placing any bets by using our Patent Bet Calculator.