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What Is a Heinz Bet?

what-is-a-heinz-bet

A Heinz bet is a six-selection multiple wager that consists of 57 separate bets combined into one package. The name comes from the Heinz company’s famous slogan “57 varieties,” and in betting, each of the six selections can be thought of as one of those varieties.

The 57 bets included are:

  • 15 doubles
  • 20 trebles
  • 15 four-fold accumulators
  • 6 five-fold accumulators
  • 1 six-fold accumulator

This structure means you don’t need every selection to win in order to get a return. Even with two winning selections, you’d collect on the doubles. But as with most combination bets, the more selections that land, the higher the payout potential.

How a Heinz Bet Stake Is Calculated

The calculation for a Heinz bet is straightforward:

  • Decide your unit stake (the amount you want to place on each individual bet).
  • Multiply that amount by 57, since the Heinz covers 57 total bets.

Example:

  • Unit stake = $1
  • Total bet = $1 × 57 = $57

If you wanted a $2 unit stake, it would cost $2 × 57 = $114 in total.

This makes Heinz bets more expensive upfront than regular multiples, since you’re covering dozens of outcomes.

Why Use a Heinz Bet?

  • Spread Risk: You don’t need all six selections to win to see a return.
  • Big Payout Potential: If 4, 5, or all 6 win, the accumulator payouts can be massive.
  • Ideal for Experienced Bettors: It requires good knowledge of markets, as you’re committing a relatively large stake.

Downsides of a Heinz Bet

  • High Cost: Even with a modest stake, the total can add up quickly.
  • Complex Returns: Calculating potential winnings is trickier without an odds calculator.
  • Risk of Losing Entire Stake: If fewer than two selections win, you lose everything.

Example of a Heinz Bet in Action

Let’s say you pick six football teams to win their matches. You place a $1 unit stake, so the total bet is $57.

  • If 2 teams win → you collect on 1 of the doubles.
  • If 3 teams win → you collect on some doubles and trebles.
  • If 4 or 5 win → payouts grow significantly.
  • If all 6 win → every part of the Heinz lands, including the six-fold accumulator, leading to potentially massive profits.

Key Takeaway: A Heinz bet is a high-stakes, high-reward multiple best suited to confident bettors who want to maximize returns across several outcomes, while still protecting themselves from a complete loss if one or two selections fail.