It’s Cheltenham Festival week and once again the UK has gone horse racing mad.

Everyone loves a flutter, but we’re the first to admit that keeping up with betting jargon can be a royal pain. To make things simple, we’ve put together a handy video focussing on each of the different types of bet available. Watch for the betting terminology, stay for the twins. 

Here’s a full list of each type of bet:

Single: A bet requiring one outcome

Double: A bet containing two selections. Both must come in for you to win.

Treble: Three selections.

Accumulator: Any bet including multiple selections. 

Right and you might hear 4-Fold or 5-Fold which just relates to how many selections are included.

Trixie: A bet including 3 selections but your stake covers the doubles, and the treble.

Patent: Same as a Trixie, but you are covering the selections as singles too. So a Patent consists of 7 bets in total.

Yankee:  11 bets covering every combination on 4 selections, except singles.

Lucky 15: If you want to cover the singles too, that’s a Lucky 15.

Canadian: 26 bets of every combination involving 5 selections, except singles.

Heinz: Like a Heinz baked beans tin – 57 varieties of bet covering every combination on 6 selections, except the singles.

Lucky 63: The same as a Heinz but also includes the singles

Goliath:  247 bets covering every combination of 8 selections in different events, except…the singles.

Now go and put this wisdom to the test.