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A 'Trixie' bet consists of four bets from three selections, and includes three doubles and one treble. To gain a return from this bet type, the bettor much successfully pick two winners, though three winners will see each of the four bets within the Trixie settled as winners.
It includes three doubles (two selections combined) and one treble (all three selections combined), providing a return even if only two of the three selections win. Payouts for Trixie bets are much easier to calculate using decimal odds as we need to multiply each to get the total price.