Topic: Lottery ticket sports bets - page 2. (Read 251 times)

I think the longest shot I ever put together was a 15 leg parlay that failed miserably lol.  Honestly I never do anymore than 3 legs in a parlay just too many ways to lose amd be annoyed lol.  Nothing worse then having a long legged parlay only to have one team screw it all up.

In my country I see a lot of people doing this, they analyze more than 17 games and then place the more than 17 games in a multibet bet and place between $1 and $5 and I myself have seen many people from my country win a lot of money. With this type of strategy, a few years ago I took a trip to another city and stayed at my relatives' house. One of my relatives makes sports bets and he only makes multi bets, so I asked him why he only made mutibet bets and he answered me as follows: because he wants to win a lot of money, he doesn't want to waste time spending hours analyzing a game and then place a bet and when the result of the bet comes out you win little money because you made a simple bet. He always told me that time was very valuable and that he didn't like wasting time on bets that didn't make money.

When I asked him why he didn't increase money on these simple bets so he could win a lot of money, he told me that he didn't have money to waste, that's why he preferred to put a little money on a multibet bet with a very large odds and win a lot of money that allowed him to buy a lot of things in the real world, that's what the guy did. The funny thing is that when I returned to my city I found out that many people in my country have been placing multibet bets with big odds and many people have managed to win a lot of money and they usually appear on TV in my country when they go to claim the lot of money they won, there was cases of people who made millions by betting little money. They are very good guys at sports betting

hahaha
I get your point but I don't think house edge can get above 100%
Like I said, there's no solid strategy and these bets are very hard to win. But at 5 cents a piece, it's a very cheap lottery ticket.
If we want to talk strategy, multi bets are simply the parlay strategy where the winnings are carried over to the next bet along with the previous stake. So the best strategy to win a parlay bet is of course to find the game with the lowest possible house edge. Moneypot.com had a 0.1% house edge but now that it closed I'm not sure if there's anything equivalent. Surely sports bets have a house edge above 1% that most provably fair games will have though. So the parlay strategy can also be replicated with dice. It just feels a little different on sports bets, so if we're talking a few cents a day, it's just whatever the one placing the bets prefers.

I'll be 100% honest, I haven't won even a single bet slip with 25 matches on it. Even in cases when I went in for bets that had odds under 1.2, there happened a few mishaps and I lost in at least a couple of my choises.
I wholly don't expect to win when I put 25 matches in a bet slip and that's why I only go in those with the minimum bet allowed, which is 5 cents.

On the other hand, if you want a reliable mutli-bet strategy, I've made a thread about how I tend to pick matches with the intention to win in multibets. I usually go  for a goal of a 10x multiplier with matches in those though or even just 5x. This can be fulfilled by 3 or up to 6 football matches usually and rarely more.

By doing this you're literally giving your money to the sportsbook because the margin taken by the casino is also multiplied. So for example if the edge taken by the house is 3% by bet, the odds of your final multi bet will have 109% house edge if my calculations are not wrong. That is to say your odds will be half of what they should be for a fair bet if I'm not mistaken. No one could expect to make some profits in such conditions except if he's really lucky.

Anyway, multiple bets have a general characteristics and that is the possibility of losing is high because of the different games that must be successful according to the option of your stake on them independently. Another characteristics is that it can be a money multiplier if you win it also because of the accumulation of those games. So basically, a gambler should know those before going for multiple bet, it characteristics are almost the same in all casino that allows it. Nothing is different with that of stake. However, I prefer single bet because it brings you nearer to winning your bet as soon as you win those few games on your bet, although it takes high staking power to be able to winning something reasonable.



I think after the calculation of the odds of the individual games together then you get the total odds together and from the odd you know how much you want to aim or target using your staking power. If you multiply the total odds and how much you want to stake then you arrive at potential winning amount. Example 1.74 x 25 = 43.5 odds x 5 cents.

I'm not sure if there are bookies out there that would accept a minimum bet of $0.05. On the bookie I'm using, if I recall correctly, the minimum was like $0.1 per bet, so that's what you need to risk every time you make a lottery-like parlay. Also, there are bookies that limit the total odds or bet combination, so you won't be able to make a lottery-like ticket if you are aiming for huge winnings.

The maximum combined odds I have tried was around x1000, so if I were to bet $0.1 to win, that is only $100, and that doesn't look like a lottery winning at all. I guess I'll try again. Great idea from OP; I hadn't realized it's possible to get huge odds with a minimal bet. My fear now is, will they pay me if I win a significant amount of money, like $100k, for example?

it's just as you said, $0.05 per ticket and you win $50,000 that sounds a lot like a lottery.

i have never tried this before but i might just try this to see how it will work. it there are just some experts who share their predictions then it will make it easier for us to reach 25 bets. it will be hard to win this. even with 5 multibets, you will need to be the luckiest still.

25 is indeed a long list for a multi-bet, but i guess, there are really sportsbettors who will have their patience to do such task. For them, it surely is not a task anymore but they are like working on it because of passion. I believe, I can only go up to 5 for multi-bet, and not using much money. Because I know, one losing bet and your money is gone. Also, I am careful in selecting the odds here, even if the odds is low but very high chance of happening, of course that's the best choice, right? Because your main target is to win your multi-bet.

I did it most of the time in the past but I did not chase for such huge multiplier/odds, maybe only few hundreds X only.
Having 25 selections for a multi-bet is just too much IMO, I myself will limit up to 10 selections only in a single parlay bet but I usually try to find odds which is above 2 for each selection.
Of course you can try to have that huge odds but I think it will take you too much time to find the 25 markets to choose.
Hopefully you can make it come true by winning such a huge odds although with just 5 cents bet.

I've been doing it from time to time. A $1 bet is already enough for me to add as many legs as I can to have a bigger payout. For me, it's more fun than just buying a lottery ticket since I love sports, and I can use a little bit of my analysis skills to create a parlay ticket. $1 a day, not bad at all, not too expensive, as I can easily let go of that loss.

Honestly, I have experienced that I only need 1 win to get a big parlay win, and it's really stressful, especially if you are watching the game. The best advice is just not to watch it at all because you'd really feel the pressure if you do, and you might be having a hard time moving on. This advice is only for emotional people like me.

It is very easy to calculate and this is the answer for those with the ambition to win in very big odds.
But it is impossible to win at very large odds by having multi bets with up to 25 betting options, I sure even professional doesn't have the ability to win like this.
Because being able to win multiple bets in just 5 to 7 matches is truly amazing.

Multi bets really gives satisfaction and also wins with bigger odd, of course whoever succeeds will definitely be very happy because multi bets is not an easy way of betting because just one mistake will cause everything to fall apart or it could be said that the bet is failure.
I often use multi bets in football to be able to produce an odd win that is worth the risk, but it is never more than 7 matches and the average is only 3 to 5 matches.
Odd doesn't need to chase too much from each bet because just getting @1.40 and above in 3 to 5 matches can give satisfying win.
Taking too big risk with multi bets in 25 matches is not the right decision in my opinion, it is possible to bet with small money but at any time it will always fail and there will only be losses, not wins.

25 is such a long shot. But with this, you will enjoy longer and still hope for 50k while wagering 5cents    Your $10 deposit will last for weeks.

However, you know you will lose eventually so why not just pick 5 matches that you are almost sure to be picking the right team? With just 5 multi bets, you will have a higher chance of winning. 3 will make it easier.

I have tried a couple of bets to maybe have that lucky bet. I have seen a couple of posts from before here in the forum that made his 0.5 mBTC to 8 BTC, that's a lot and that would change a man's life lol.

It's hard, even if you do the minimum or the "sure matches" in terms of odds, you still can't manage to get everything right. It's definitely hard but if it does, it's jackpot.

I remembered a thread that someone won a parlay bets with huge odds, it's crazy for someone can win with such huge odds, people might call him a God because he can predict everything corrects.

Personally I don't want to bet like that, x5 to x10 odds is enough for me, the risk is still acceptable and the return is quite big.

This is not bad idea if you are just seeking for a pure luck game using a game that can be done with analysis to increase you winning chance.

I’m not sure if you are experiencing this but I’m having rough time always whenever I’m browsing matches odds especially on live games since it frequently change odds that makes it so confusing to bet if you have multiple picks. There’s an easy way to this when you are using copy bets from user that picks high odds to save you time on picking.

But for me, I still choose lottery compared to sportsbet if I will just do a random bet since you can win more amount on lottery once you become lucky.

It is a fun strategy, lets you play and enjoy the game, and all with very minimal risk.
I play multi bets, but very rarely hit the maximum number of games allowed to keep my odds of winning within a reasonable ballpark.

Good luck mate, maybe someday, you do win the lottery.

- Jay -

I have never done such thing. Usually when comes to sport betting all I do is to bet in a single march in which I am interested in and put some moderate money at stake, to stay responsible with my budget. However, I won't deny that kind of bets which you just described indeed sound very fun and thrill inducing.
There is always a very small possibility you go all right with all those matches and end up login on your account to find with surprise and tou have managed to earn thousands of dollars out of a very small stake.  
I will probably try to do this with up to one dollar the next time I feel bored from rolling dices and there are not individual football matches which catch my attention.

Also, I am not sure whether you are willing to openly talk about it but, have you ever been able to win some money using this method for betting? If so what was your initial reaction? If not, what you ever met someone who indeed managed to get money this way?  

Have a good day and good luck.

I can't be the only one that does this 

When I am bored, I might seek out matches to make a multibet with the maximum amount of matches allowed.
So let's say at stake.com where you are allowed to make multibets with up to 25 match outcomes, you can pick up to 25 markets, even with live matches.

To give an example of why and how that can be interesting:
If you find 25 matches with odds 1.74, then that means your total multiplier would be 1.74^25 which would be above 1 mil. You can bet with as little as 5 cents and if you come true to all of your predictions earn more than $50k.

Of course there's no solid strategy behind actually winning such bets. It's super hard to win any of these bets especially if you put in the max amount of matches. But since it's something you can do with stale as low as 5 cents, not much harm is being done.

What do you think of such bets? Have you ever considered doing it?