What is an Alphabet Bet?

This bet type takes its name from the fact that it involves placing 26 bets (the same as the number of letters in the alphabet) and it’s important to note that alphabet bets work in a very specific way and the order of the selections on the betting slip directly impacts the bet.

The order of the selections determines which of the patents they are included in and which of them form the yankee. The 26 bets consist of  two patents, one yankee and one six-fold accumulator and we have included a table below which illustrates how it works.

Why the order matters

Every selection sits in one of two patents, with the first three picks forming one and selections 4,5 and 6 making the other. The main reason why the order matters is because of the yankee, as selections 2,3,4 and 5 are included in it, which can make a huge difference.

The yankee includes extra doubles, trebles and a four-fold, which is why it is prudent to include your strongest fancies in these spots. Spots 1 and 2 should be saved for the two selections who you don’t quite fancy as strongly as the other four.

What it costs

Alphabet bets are one of the more expensive options with regards to multiple bet types, as the large number of individual bets within it multiply the value of the stake. While only one winner does give you some returns, the relatively large outlay means a short-priced winner would still leave you significantly down, so make your selections with caution.

A worked Alphabet Bet

Below is an example of how much an alphabet could return if landing three winners or all six.

Three winners:

• Selection 1: 4/1 (LOST)
• Selection 2: 2/1 (LOST)
• Selection 3: 1/2 (WON)
• Selection 4: 3/1 (WON)
• Selection 5: 10/11 (WON)
• Selection 6: 5/1 (LOST)

Return: £43.00 (£17.00 profit)

Six winners:

• Selection 1: 4/1 (WON)
• Selection 2: 2/1 (WON)
• Selection 3: 1/2 (WON)
• Selection 4: 3/1 (WON)
• Selection 5: 10/11 (WON)
• Selection 6: 5/1 (WON)

Return: £1,324.77 (£1298.77 profit)

The most significant change to profit is the four yankee selections because the return is significantly higher when selections 2,3, 4 and 5 all win.

Alphabet versus the alternatives

There are several other bet types with a large number of lines for six selections so we have compared the cost for your convenience.

A Heinz or a Lucky 63 are probably for quite specific punters but for those who prefer smaller stakes, two patents or an alphabet could be the choice for you. 

The Alphabet includes two patents, so if you do not want the middle four selections to be weighted and are not interested in the Yankee or the accumulator, it might be worth holding on to the £12. If you fancy the Yankee however, the Alphabet is the one for you.

Is it worth placing?

Frankly speaking, it is not the most cost effective bet type for the coverage it provides and the outlay is significant for the casual weekend punter. The precise ordering of selections can trip up the casual punter too, especially if they are unaware of the ins and outs of the alphabet.

Bonus terms for all winners landing are usually restricted to racing only, so bear that in mind if you are considering an Alphabet with football selections in mind. Most UK bookmakers will have it listed under multiples or system bets, for those who are wondering where to find the option.

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