What is a Flag Bet?

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A Flag Bet is a bet where different types of bet are combined into one single wager. There are different types of Flag Bets, which we’ll discuss later on in our betting guides.

The typical Flag Bet is a bundle of 4 different selections and 23 separate bets, or in other words, 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.

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Types of Flag Bets

Like we have already said, the typical flag bet consists of 23 bets on 4 different selections and it consists of a Four-Fold Accumulator, 4 Trebles, 6 Doubles and 6 Single Stakes About.

Besides this one there are a few more types of flag bets. For more details consult the table below:

Types of Flag Bets Number of selections Total number of bets Types of Bets Included
Super Flag 5 46 10 doubles, 10 trebles, 5 four-folds, 1 five-fold and 10 SSA
Heinz Flag 6 87 15 doubles, 20 trebles, 15 four-folds, 6 five-folds, 1 six-fold and 15 SSA
Super Heinz Flag 7 162 21 doubles, 35 trebles, 35 four-folds, 21 five-folds, 7 six-fold, 1 seven-fold and 21 SSA
Goliath Flag 8 303 28 doubles, 56 trebles, 70 four-folds, 56 five-folds, 28 six-folds, 8 seven-folds, 1 eight-fold and 28 SSA

What is a super Flag Bet?

As you can see from the table Super Flag Bet is very complicated bet. With 5 selections from different events and 46 separate bets in total, this type of bet can be pretty tricky.

If you want to try out super flag bet, we highly recommend you to work it out and see the potential payouts by using a flag calculator. It’s a simple tool that literally makes your life simpler. You can discover more about it if you continue to read.

Flag Bets explained

Flag bet is also known as if cash bet and the thing with it is that one winning selection brings you a return. However, the flag bet is profitable if at least 3 of four selections are winning too.

Flag Bet

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

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

  1. Use 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.
  3. Add your selections to the bet slip.
  4. Enter your stake.
  5. Place your bet and wait for the outcome.

An Example

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:

  • A Team to win at odds of 9/12
  • B Team to win at odds of 7/6
  • C Team to win at odds of 20/28
  • D Team to win at odds of 6/4

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.

Some of the online bookmakers include betting calculator among their features or you can simply find it online.

How does a Flag Bet work in horse racing?

Flag Bets are popular in horse racing since there are a lot of different events and many betting options one might choose.

Flag Bets on other sports

Besides horse racing, football is also one of the sports where this type of betting is quite popular. You can see in our example above how it works for football.

How to use a Flag Bet Calculator?

Since it’s really hard to work out winnings by hand, make sure to use a calculator to work out your bet. Many online bookmakers include such calculators on their websites, meaning that you can calculate your bet and then place it right away.

Use our Flag Bet Calculator here.


Finally, let’s go through some of the frequently asked questions related to flag betting.

How do I calculate returns from a Flag Bet ?

The simplest way to calculate your returns is to use betting calculators.

Is a Flag Bet a good bet?

It’s a very complicated bet and it involves a huge risk. At the same time, it could bring bigger payouts.

How do you win a Flag Bet?

There’s no proven formula for winning. Though, the more experienced you are the better.

Are Flag Bets worth it?

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

See all the main bet calculator here.