Lucky dip bets are a new type of bet that some bookmakers have started to offer. They are mainly seen on the BetVictor gaming group (Betvictor, Betano, Parimatch, and Talksportbet).
Once you choose your event, you enter your stake and spin the wheel. You then will see what your selection/bet is.
Firstly you can find these bets in the left-hand menu:
You will then see all the possible markets:
In this example I will select the Race Winner York 15:00. You can see that the odds on offer are 10/3 or 4.3 no matter what selection we get given.
Click your selection, enter your stake and then click on the Take Lucky Dip button.
A wheel will then appear and it will randomly assign your selection. In this example I was assigned the horse Illinois.
The next step if you want to lay this bet is to check the lay odds at the exchange. I can see that our selection has lay odds of 4.2:
Then just enter the back odds we received of 4.3 and the lay odds of 4.2 in the standard calculator. This then gives your lay stake as usual.
IMPORTANT
It is important to note that sometimes you will get a selection where the odds received are very poor. In this example, if we had been given the horse Euphoric, we would have been getting odds of 4.3 instead of 67!
These lucky dip bets are not worth doing on their own and this guide is mainly if you receive a free bet that has to be used on one of these selections.