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What Is A Flag Bet? – Explainer, Calculator & Examples

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A flag bet is a bundle of 4 different selections and 23 separate bets. It can be defined as a Yankee bet with six up-and-down bets included.

Flag betting is recommended to experienced bettors who are knowledgeable about the specific sport or field they are betting on. Anyway, our betting guide is intended for all types of bettors and hopefully, it will be helpful even to all those who are completely new to betting. So, without further delay let’s dive into a thorough detailed analysis of this type of betting.

Flag Bets Explained

A Flag -bet consists of 23 separate bets from four different selections. Basically, it’s a Yankee bet bet with 6 up-and-down bets added to it. Let’s break it down to see all the bets that are a part of the Flag Bet:

In order to get a return in a Flag Bet, you need only one of the four selections to win.

Types of Flag Bets

The typical Flag Bet is 4 different selections and 23 separate bets. But, there are a few more types of flag bets. For more details consult the table below:

Types of Flag BetsNumber of selectionsTotal number of betsTypes of Bets Included
Super Flag54610 doubles, 10 trebles, 5 four-folds, 1 five-fold and 10 SSA
Heinz Flag68715 doubles, 20 trebles, 15 four-folds, 6 five-folds, 1 six-fold and 15 SSA
Super Heinz Flag716221 doubles, 35 trebles, 35 four-folds, 21 five-folds, 7 six-fold, 1 seven-fold and 21 SSA
Goliath Flag830328 doubles, 56 trebles, 70 four-folds, 56 five-folds, 28 six-folds, 8 seven-folds, 1 eight-fold and 28 SSA

Advanced Flag Bet Calculator Functions

As if the basic functions were not enough, Flag bet calculators have more to offer. They can come in handy because there are a lot of things that can happen during a sporting event. We’ll explain them in the paragraphs below.

Calculate returns for system bets

You probably know that it’s a bit more complicated to calculate the potential profit when the system bets are in question. If you enter the correct info in the calculator, it will give you the answer in no time.

Choose between odds formats

Each calculator has another helpful feature- the option to choose the odds format. Usually, you can choose between decimal, fractional, and American odds formats. The fractional format is common in the UK, but, it’s up to you to choose which one you prefer.

Enter each-way bets

If you choose an each-way bet, another field in the calculator will appear. That’s because the each-way bet is made up of 2 parts: a win and a place bet. That means your stake will double.

This type of bet is common in horse racing and serves as a type of insurance. Should you lose the first part of the bet, you still have a chance to win. Because of that, it might be difficult to calculate the potential profit, and the calculator makes it much easier.

Step-by-Step Guide: How to place a Flag Bet

The procedure of placing a flag bet isn’t as complicated as the concept of the bet itself. Once you find your perfect selections, here’s what you need to do:

  1. Use the Flag calculator to work out your bet and calculate potential returns.
  2. Log in to your favourite online sportsbooks or register at one if you don’t have an account. This could one of many, including bet365 or Betfred.
  3. Add your selections to the bet slip.
  4. Enter your stake.
  5. Place your bet and wait for the outcome.

Flag Bet Examples

Let’s say that you place £1 bet on four different football matches. Since there are 23 bets in total, your actual stake will be £23. For illustrative purposes only, imagine that you bet in the following way:

If all four teams win you’ll get a total of £110.39, including your stake. Since this kind of bet is pretty complicated we used a flag calculator to calculate this example. It’s a good idea for you to do it too.

FAQ

The simplest way to calculate your returns is to use our flag bet calculator

It’s a very complicated bet and it involves a huge risk. At the same time, it could bring bigger payouts. If you’re an experienced punter then a flag bet is a good bet, however, for beginners, we recommend starting slow.

The answer to that question depends on what kind of bettor you are. Some like to risks while some prefer a safer approach.