Multi bets vs single bets - page 3. | Bitcointalksearch.org

goinmerry

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Quote from: Lanatsa on November 25, 2020, 03:34:44 PM

Making multi bets doesn't really signify on being greedy because there are people whom do think that making such thing is just a way on diversifying out their capital

On point. The term multi-betting, either betting on different betting slips or a single parlay, would not be heard as a gambling term if it's not effective to others.

There are reasons why a gambler are opting to choose that kind of betting and they might be comfortable doing that or the result are good if they did that betting strategy.

Whatever the kind of betting we choose, as long as we win, then that's what matters.

Lanatsa

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Quote from: madnessteat on October 28, 2020, 01:55:38 PM

Of course, multi bets are more risky because in this game the odds are combined and eventually the winnings become very serious. And where high chances of serious multiplication of funds are always very high chances to lose these funds. In my opinion, multi bets are more suitable for beginners or if you play for small amounts.

Exactly my point the more bets, more risk in losing more in an instant. I rather do single bets with the right amount of time to analyze and do not rush in decisions that i might regret later. Being to greedy will only cost me more. Instead choose games that has higher odds rather than multi bets that you might majorly lose many and only win a few.

Making multi bets doesn't really signify on being greedy because there are people whom do think that making such thing is just a way on diversifying out their capital

in the sense that once they had lost some of them there still some bets that could possibly win and wont able to wipe out their balance in one go.This is what im thinking too

but this is really the common reason I do saw but if we do make out some realistic realizations then it would really be worth to be on single bets than multi ones.

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Quote from: 3meek on November 25, 2020, 08:48:44 AM

Recently made sure that all the same single bets are better than the express! Especially in the English Premier League, where the teams play unpredictably lately! Cheesy

I used to love making express bets, but now I can't boast of winning... Single bets are much more likely to win...

Ops, likewise me. The last weekend was my worst experience with the England Premier League, they are seriously ruining tickets which are single bet and the multiple bets, nobody predict such to happen soon but that's what makes it gambling. Single bet is though better compare to multiple bet IMO.

3meek

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Recently made sure that all the same single bets are better than the express! Especially in the English Premier League, where the teams play unpredictably lately! Cheesy

I used to love making express bets, but now I can't boast of winning... Single bets are much more likely to win...

Serious475

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Quote from: rijaljun on November 25, 2020, 06:43:54 AM

What could be the difference of multi bets to single bets? Does multi bets means placing a fixed amount to different number of games? or something like accumulator which combines multiple bet into one bet?

It depends on what game are we going to play and how many games we are going to gamble. There is a lot of factors that can give more advantage on multi bets or single bet. It is better if we single bet on a big rewards if we have a big chance to win it and we should multi bet if there are only small rewards and the chance of winning is not sure. If I were you, I won't stop finding a gambling scene where i can single bet because it will give me a lot of earnings more than multi bets but it also has a higher risk.

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Quote from: Tim1996 on November 13, 2020, 08:49:03 AM

Performance is greatly affected of your bankroll while playing single vs parlay.
I prefer single as it has less risk.

Yeah, there are high chances for a single bet to be won than there is in the multiple bet. Personally, whenever spot-betting is be talk; i love it when it's single bet than multiple bet, i have made some good winnings from this single bet, though have also made some reasonable win with multiple bet but not as single bet is concerns. My bet is done on the platform that i trusted the teams am betting on.

rijaljun

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What could be the difference of multi bets to single bets? Does multi bets means placing a fixed amount to different number of games? or something like accumulator which combines multiple bet into one bet?

Cnut237

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Quote from: Betwrong on November 25, 2020, 06:12:02 AM

Quote from: Cnut237 on November 25, 2020, 03:38:29 AM

Consider 5 events where a good team is playing a bad team. Each good team has a 90% chance of winning. You make a bet on one of these, you have 90% chance of winning. But make a multiple bet on all 5 big teams winning, and your odds are 0.9^5... which is only 59%.

The odds are even less than that, they are 45%.

But I'm sure it was a typo, and I get your point.

I don't think it was a typo. The calculation looks correct to me. Please let me know though if my reasoning is wrong!

0.9^1   0.9
0.9^2   0.81
0.9^3   0.729
0.9^4   0.6561
0.9^5   0.59049

Quote from: Betwrong on November 25, 2020, 06:12:02 AM

I think it's easier to win a single bet with 45% win chance than a multi-bet of 5 with the same cumulative win chance, although mathematically the chances are the same.

But it's not easier if it's the same, it's the same. Unless you mean the psychological difference... which is interesting, because to me—intuitively—the multi feels easier, because you're stacking multiple individual outcomes that individually are easier.

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Quote from: Cnut237 on November 25, 2020, 03:38:29 AM

I definitely prefer single bets. With multi bets, it can be very easy to be tricked into a false sense of confidence. Just because 5 individual events each have an overwhelming favourite, it doesn't mean that all 5 together are likely to happen.

Consider 5 events where a good team is playing a bad team. Each good team has a 90% chance of winning. You make a bet on one of these, you have 90% chance of winning. But make a multiple bet on all 5 big teams winning, and your odds are 0.9^5... which is only 59%.

The odds are even less than that, they are 45%.

But I'm sure it was a typo, and I get your point.

If you ask me, I think it's easier to win a single bet with 45% win chance than a multi-bet of 5 with the same cumulative win chance, although mathematically the chances are the same. So, I too prefer single bets. But sometimes, when I win 3 bets in a row in one day, I think, why didn't I placed them all together as a multi-bet to win several times more?

I mean, I wouldn't avoid multi all the time. Sometimes it can be fun.

Cnut237

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I definitely prefer single bets. With multi bets, it can be very easy to be tricked into a false sense of confidence. Just because 5 individual events each have an overwhelming favourite, it doesn't mean that all 5 together are likely to happen.

Consider 5 events where a good team is playing a bad team. Each good team has a 90% chance of winning. You make a bet on one of these, you have 90% chance of winning. But make a multiple bet on all 5 big teams winning, and your odds are 0.9^5... which is only 59%.

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Quote from: worldofcoins on November 25, 2020, 03:17:58 AM

I always chose the single bets than multiple bets, the reasons you'll play it without any panic and with honesty the winning chances may increase, while with multiple bets you play with highly panic because you keep thinking about losing the money.
In my experience, I won single bets more than multiple.

Maybe just focus on the chances, single bets has higher chance of winning while multi bets has lesser, but if you panic, that means you can't control your emotion and it does not change whether you bet on single or multi bets.

worldofcoins

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I always chose the single bets than multiple bets, the reasons you'll play it without any panic and with honesty the winning chances may increase, while with multiple bets you play with highly panic because you keep thinking about losing the money.
In my experience, I won single bets more than multiple.

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Quote from: Charles-Tim on November 23, 2020, 05:50:44 AM

Quote from: Tim1996 on November 13, 2020, 08:49:03 AM

Performance is greatly affected of your bankroll while playing single vs parlay.
I prefer single as it has less risk.

You can be right, but it can be other way around too, multiple better can comes with low fund staking like $5 but single bets can only come with high fund staking. If you like betting on a single game, there are still likely chances you can still lose, and the more you bet on single stake can be the more the loss. For me, I prefer multiple game in a way I am ready to lose my money, and I use low amount to stake infrequently.

And like you have said, the important thing is you are ready and willing to accept if whatever happened to your bet, using small amount
of money to take multi bets to try getting higher returned.

There are different opinions about this, gambler have their own choice of betting strategy. Either to choose single bet or multi / parlay
as long as you are okay if whatever result will happened to your money.

ice098

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Quote from: Smartvirus on November 13, 2020, 10:10:14 AM

Single bets are the best form of bets because, your almost sure of your predictions before actually staking on a bet. It offers more chances for a win than the multi bets, though the outcome in monetary terms might be low depending on your stake but then, the chances are more. Why is this so, you may ask?
This is because, predicting a lot of matches correctly takes only luck and hope w far before luck runs out of you as at least one or two big teams have got to loose every match days. Compiling bets brings the possibility of adding one or two of these supposed sure bets to the multiple.

I'll prefer to go with a single bets than multi bets its because i am controlling myself in betting. I don't know but i am not that lucky enough in betting and i'm afraid to lose as much i am willing to lose. I am just thinking that for a single bets you have only one chance either win or lose but in a minimal amount of lose i guess better than a multi bets though i guess winning in multi bets may have a high chance of probability.

peter0425

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Quote from: emrecemsan on November 17, 2020, 01:38:37 PM

I make both of them. But I can say that single bets is a better choice if you don't play with little money. Because the risk of losing is getting lower. When you make multi bets with much money, it doesn't feel as comfortable as single bets. So, I think it depends on the amount you play with.

Maybe it's the other way around?use Multi bets when you have limited money so at least if you lose there is no big amount involve.
While in Single betting when you have big budget you can put amount that you think fit in each bets and roll.
Specially if you are trying to limit yourself from betting.

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Quote from: Tim1996 on November 13, 2020, 08:49:03 AM

Performance is greatly affected of your bankroll while playing single vs parlay.
I prefer single as it has less risk.

You can be right, but it can be other way around too, multiple better can comes with low fund staking like $5 but single bets can only come with high fund staking. If you like betting on a single game, there are still likely chances you can still lose, and the more you bet on single stake can be the more the loss. For me, I prefer multiple game in a way I am ready to lose my money, and I use low amount to stake infrequently.

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Quote from: proTECH77 on November 18, 2020, 12:35:29 AM

I prefer multi bets despite huge amount of money involve in playing the bet is too high but it hard me to lose in multi bet compare to other single bet gambler that use to complain concerning their regular loss that is not giving them joy just because the way they lose on single bet.
Multi bet carry a lot profit if you win but the risk is too big if you lose your bet because the money spend on multi bet is too high compare to single bet you can play with small money.

Actually, no. When placing a multi bet, you can stake the same(minimum) amount as for a single bet. So, it's rather vice versa: betting on 5 events, one at a time, you have to wager 5 times more money than when betting on those 5 events simultaneously in a multi bet.

proTECH77

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I prefer multi bets despite huge amount of money involve in playing the bet is too high but it hard me to lose in multi bet compare to other single bet gambler that use to complain concerning their regular loss that is not giving them joy just because the way they lose on single bet.
Multi bet carry a lot profit if you win but the risk is too big if you lose your bet because the money spend on multi bet is too high compare to single bet you can play with small money.

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Quote from: emrecemsan on November 17, 2020, 01:38:37 PM

I make both of them. But I can say that single bets is a better choice if you don't play with little money. Because the risk of losing is getting lower. When you make multi bets with much money, it doesn't feel as comfortable as single bets. So, I think it depends on the amount you play with.

There's no assurance that single bets will reduce your risk in betting. Both these results in the same percentage of winning depending on the mechanics of the game. But they have advantages and disadvantages such as how you want to enjoy gambling. If you want more time, you definitely divide your funds to be able to bet with higher frequency, you can also apply different betting techniques such as martingale when you are betting low. Unlike when you bet in huge amounts, since it is better for those who don't have much time, and just want to play. But for games such as poker and other card games that will last longer than slots, I think it doesn't matter how much you bet since the time will be the same.

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Quote from: emrecemsan on November 17, 2020, 01:38:37 PM

I make both of them. But I can say that single bets is a better choice if you don't play with little money. Because the risk of losing is getting lower. When you make multi bets with much money, it doesn't feel as comfortable as single bets. So, I think it depends on the amount you play with.

In the end you said it depends on the amount but you already mentioned that single bets is better even with a bigger bet amount so it doesn't have to do anything with the bet amounts to begin with.

Quote from: Bttzed03 on November 17, 2020, 10:52:53 AM

I've said in my previous answer that I never do Parlay but broke that one just now with my bet on UEFA Nation's League. I placed a few bucks on Portugal, France, and Netherlands winning (total odds at 5.4). Sorry can't take my vote back, there's always a first time for everything Grin

That's fine even though a lot of us know that multi bets are bad we still do it from time to time. Wink

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