In this article we explain all you need to know about a Heinz bet (also known as a Heinz 57). This includes a break down of what it is and what it consists of, how to manually calculate this bet type and more.
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Heinz Bet Explained
The Heinz bet takes its name from the Heinz Company who adopted the slogan '57 varieties' (all will make sense shortly) and hence why it may also be referred to as a ‘Heinz 57' bet.
What Is A Heinz Bet?
A Heinz bet is a wager on 6 selections taking part in different events and includes the following: 15 x Doubles, 20 x Trebles, 15 x 4-Folds, 6 x 5-Folds and 1 x 6-Fold Accumulator. A minimum of 2 selections must win for a Heinz to generate a return.
Note: A Heinz is similar to a Lucky 63 in the sense both bets consist of 6 selections, the only difference being is that a Heinz does not includes singles.
Each Way Heinz Bet
An Each Way Heinz is double the stake of a straight ‘Win' and consists of 114 bets – 57 bets for the selections to win and 57 bets for the selections to place. You can read more on each way betting and how it works with our ultimate guide.
How To Calculate A Heinz Bet
To calculate a Heinz bet, you need to add together the return of each winning double, treble, 4-fold, 5-fold and 6-fold accumulator bet.
Heinz Bet Calculator
As you can imagine, manually working out the returns will take a while and it's likely you'd be error prone so we'd suggest using a tool such as BetVictor's Bet Calculator that will automatically do the math for you.
Enter the prices of your 6 selections. Then enter your stake and it will show you what you stand to win. You'll also be able to experiment with different outcomes to see how they affect the potential returns.
How To Place A Heinz Bet
We’ll be using bet365 in our example although the process should be the same regardless of what bookmaker you use.
Step 1) Add your 6 selections to your bet slip.
Step 2) Enter your stake into the ‘Heinz' box.
Step 3) Confirm your bet.
Why Place A Heinz Bet?
A Heinz bet can be expensive. However, the reason is appeals to punters is down to the returns that it can generate. Granted, the same return could be achieved by a normal 6-fold accumulator, but it would require all selections to win. Therefore, your chances of seeing a return on your money are increased.
A Heinz bet is formed from 6 different selections and consists of 57 bets. Although it has a high stake, it can be a great bet to use when applied sensibly and logically and does increase the likelihood of a return.