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# Lucky 15 Calculator – Work Out Lucky 15 Bets

Our Lucky 15 Calculator below will automatically get the possible payout of your Lucky 15 bets over 4 selections.

## What’s a Lucky 15 Bet and How a Calculator can Help?

A Lucky 15 bet involves making four selections and placing 15 bets in total. The bet includes four singles, six doubles, four trebles, and one fourfold accumulator. The name “Lucky 15” comes from the 15 bets that are placed.

Lucky 15 bets are mainly used to bet on horse racing in Canada but in fact your selections can be from any sport or event. Once you have made your selections, you place 15 bets in total, which include:

• Four singles: One bet on each of your selections to win.
• Six doubles: Two bets on each of the possible combinations of two selections.
• Four trebles: Three bets on each of the possible combinations of three selections.
• One fourfold accumulator: One bet on all four selections to win.

You only need one winner, within the possible combinations, to make a profit on a Lucky 15 bet. This is because, in practice, you would be winning the simple 1 bet. Of course, unless the odds on that winner are greater than 15/1, you won’t get all of your bet back, but you will at least get some of it back.

The real fun starts when you get more than one winner. This is because the more individual winners in your Lucky 15 betting combo, the higher the returns, as each winning selection is covered in more individual bets, which make up the Lucky 15 bet a great choice for new bettors.

A Lucky 15 calculator helps you to calculate the potential payouts of Lucky 15 bets by taking into account the odds of each selection, the wager you have placed, and the number of selections that have won.

## Using the Lucky 15 Calculator: Step-by-Step

Using our lucky 15 bet calculator is a simple process and it is free, as well as all the rest of the odds calculators offered by TheOddsCalculator. To use the calculator, you’ll need to input the total stake, and the odds for each selection.

1. Step 1: Choose the Type of Lucky 15 Bet from the dropdown.
2. Step 2: Input the Number of Selections of events you’re betting on, also known as ‘legs’.
3. Step 3: Now enter the betting odds for each selection. In Canada, you can often find these listed on sportsbook websites.
4. Step 4: Input Your Stake, meaning the amount of money you’re wagering on this lucky 15 bet. Remember to input the total amount in Canadian dollars.
5. Step 5: The calculator will quickly compute the potential returns once all the information has been entered.
6. Step 6: Review Your Results. The calculator will display your potential winnings, helping you understand the return you can expect if all or a part of your selections are correct.

Remember, the lucky 15 calculator does the math for you, but the actual outcome depends on the results of the sporting events you’ve bet on.

## Comparison: Lucky 15 Bets vs. Other Bets

Type of BetNumber of SelectionsNumber of BetsPotential ReturnsRisk LevelFlexibilityBet Calculator
Straight Bet11LowLowNoneMoneyline Bet Calculator
2-Leg Parlay21MediumMediumNoneDouble Bet Calculator (2 Team Parlay)
3-Leg Parlay31HighHighNone3 Team Parlay Calculator (Treble Calculator)
Round Robin Parlay4+VariesVariesMedium-HighHighRound Robin Calculator
Trixie34Medium-HighMediumLowTrixie Calculator
Heinz657Medium-HighHighLowHeinz Bet Calculator
Super Heinz7120HighHighLowSuper Heinz Calculator
Goliath8247HighHighLowGoliath Bet Calculator
Lucky 15 Bet415HighLowHighYou are here 🙂

To compare the potential payout to other types of bets, go to our overall betting odds calculator. You will be able to keep your inputted information while switching between bets.

## Example of how a Lucky 15 calculator works

Let’s take a look at an example of how a Lucky 15 calculation is done. Let’s say you want to place a Lucky 15 bet on four football matches. Your four selections are Liverpool to win, Chelsea to win, Tottenham to win, and Arsenal to win. The following 15 bets are automatically generated:

• Four singles (one for each selection)
• Six doubles (Liverpool & Chelsea, Liverpool & Tottenham, Liverpool & Arsenal, Chelsea & Tottenham, Chelsea & Arsenal, Tottenham & Arsenal)
• Four trebles (Liverpool, Chelsea & Tottenham; Liverpool, Chelsea & Arsenal; Liverpool, Tottenham & Arsenal; Chelsea, Tottenham & Arsenal)
• One fourfold (Liverpool, Chelsea, Tottenham & Arsenal)

If all four of your selections win, then you will receive a payout for all 15 bets. In the case of  only one selection winning, then you will receive a payout on the one winning single bet.

If two selections win, then you will receive a payout on the two winning singles and one winning double. If three selections win, then you will receive a payout on the three winning singles, three winning doubles, and one winning treble.