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Topic: Multi bets vs single bets - page 6. (Read 61719 times)

hero member
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November 09, 2020, 02:53:02 PM
Obviously there is an added extra risk involved with doing multi bets, nobody denies that and the math is clear about it as well. However we do also realize that we make more profit this way as well, which means we are making more profit if we win and that risk is worth it sometimes.

If I am betting on multi with just guaranteed teams for a small win, I rather not do that, it doesn't make sense to have 3 game multi with 2.6 return, that is not something worths the risk of having 3 games on my slip. However if I pick 3 games with over 7 that I could win, that suddenly becomes entertaining and yes it is riskier but it also worths it for me. So at the end of the day single vs multi comes down to what I am betting on, sometimes single makes more sense and sometimes multi makes more sense.
legendary
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November 09, 2020, 07:17:15 AM
The concern is when you're doing that you don't really choose the other matches you're betting on. It means you'll bet on them while you wouldn't do it for a single bet, then you're more likely to lose your bets on those matchs and finally to lose your parlay.

Never thought of it that way, but I think it is very close to what's really happening. Indeed, when betting on several events simultaneously I don't have the time for a proper research on each of them. I mean, I definitely spend much less time(if any) on some of my picks, compared to when making a single bet.

Good point! +1 Smiley
sr. member
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November 09, 2020, 07:03:38 AM
If I prefer multi bet compared to single bet, multi bet has many advantages, for example with a small bet amount we can get a big profit but there are always risks. In soccer betting I always choose multi bet rather than single bet because the number of odds offered with multi bet is much bigger than if choosing single bet. From that I am very careful in choosing the football team that I bet on, for example I see the results of the last two or three matches and I keep checking the composition of the players so that the most important position in the standings is an important determination.
legendary
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November 09, 2020, 06:18:41 AM
The multi bet is something that interests me, so I prefer the multi bet. Indeed, a single bet with lower odds might be said to be a safe bet, although I realize in a bet it is not possible to be 100% safe but at least, if we bet single at low odds for me personally it is a safe bet. It's different if you bet multi by only placing low odds, it will still make you slip like the picture in the OP and this happens often for me personally. Actually high or low odds, multi or single bet is a choice and anyone is free to choose but for me, I would prefer to look for high odds by means of multi bets and not single bets with high odds.

Actually we can make our own preference, some gamblers would love a multi bet with small odds as they think their chances are betting compared to betting a single bet with lower odds, that's only because of the payout which is the cumulative odds for multi bets or parlay, but they forgot to tell that analyzing the game is the most important as that's where we can see the value, regardless of the odds.
legendary
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November 06, 2020, 07:40:54 PM
The multi bet is something that interests me, so I prefer the multi bet. Indeed, a single bet with lower odds might be said to be a safe bet, although I realize in a bet it is not possible to be 100% safe but at least, if we bet single at low odds for me personally it is a safe bet. It's different if you bet multi by only placing low odds, it will still make you slip like the picture in the OP and this happens often for me personally. Actually high or low odds, multi or single bet is a choice and anyone is free to choose but for me, I would prefer to look for high odds by means of multi bets and not single bets with high odds.
member
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November 06, 2020, 07:39:54 PM
I would rather single bets than multi bets. Because the risk continues to increase when you keep adding new matches to your betslip. Of course, this doesn't mean that if you make single bets, you will always win. There will always be low risk or high risk. When I make bet on just one match, I can choose it more easily. But I have difficulty in choosing when I decide to bet on multiple matches.
legendary
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November 06, 2020, 06:59:42 PM
Actually, it depends on the situation. Firstly, I look at the matches and glean information about them. Then, I wait for the matches to start, observe them and make a live bet. If there isn't more than one bet that seems logical to me, then I choose single betting. If there are two or more bets that I find logical, then, I choose multi betting. But I don't usually bet on more than 2 or 3 matches. It is that simple for me. So, I can say my answer is 50/50.  Grin  
The concern is when you're doing that you don't really choose the other matches you're betting on. It means you'll bet on them while you wouldn't do it for a single bet, then you're more likely to lose your bets on those matchs and finally to lose your parlay.
member
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November 06, 2020, 06:16:28 PM
Actually, it depends on the situation. Firstly, I look at the matches and glean information about them. Then, I wait for the matches to start, observe them and make a live bet. If there isn't more than one bet that seems logical to me, then I choose single betting. If there are two or more bets that I find logical, then, I choose multi betting. But I don't usually bet on more than 2 or 3 matches. It is that simple for me. So, I can say my answer is 50/50.  Grin 
legendary
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November 04, 2020, 12:44:44 PM
Yeah, I also wanted to point out that multi bets allow big wins. For instance, I've seen a couple of wins on odds like 1300, and it's would be next to impossible to find a match and place a single bet, taking this risk. So multi bets open new possibilities of winning way more that the bet amount, while also betting not on the no-name teams and events (the odds get crazy because of the combination, but every single outcome might be pretty reasonable).
This is just correct, I have placed so many accumulated bets before, I remember I won only ones before, but in a single bet, I won as many as possible, one thing I do noticed is a game to cut my bet. But take these scenario as examples for better clarification and betting strategy:

1. If I want to accumulate bet, I will use money I can afford, the money will be very low like $10

2. If I want to stake single bet, I can use $50 to $100. Although, I am patient to get the money in a way I can afford to lose it too.

That is how I do it now, I believe I can win accumulated bet one day but I still get back my funds using single bet.
legendary
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November 04, 2020, 11:14:21 AM
However, it does not feel equal because one event going wrong out of many, and you lose the whole multi bet, whereas with single bets it's easier to distribute the money and win some while lose others.
Another good thing about single bets is that you can also replicate a multi bet by rolling over the initial bet and winnings from one match to the next until the last leg. Also you get better payouts if you suddenly back out on a match because if you try to opt for the cash out option on your multi bet there's always noticeable 5-10% cut.
I've never opted out and don't really intend to, so I didn't know this one. But I get it that it's important because it allows to minimize the risk if that's the strategy a person chooses. In the meantime, two thirds seem to prefer single bets according to the poll results.
Multiple bet odds is way higher than the sum of 2 single bets. So if you are confident on the teams that you want then it's worth it a try unless you are focus on one sports and one team only. Most of us have a different favorite multiple sports and team so multiple bets is preferably for those person that has a multiple team and sports favorite.

The risk is a bit neglible compared on the possible amount that you will win considering that you will still bet a 2 singles.  Grin
Yeah, I also wanted to point out that multi bets allow big wins. For instance, I've seen a couple of wins on odds like 1300, and it's would be next to impossible to find a match and place a single bet, taking this risk. So multi bets open new possibilities of winning way more that the bet amount, while also betting not on the no-name teams and events (the odds get crazy because of the combination, but every single outcome might be pretty reasonable).
member
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November 04, 2020, 06:57:08 AM
Sure, multi bets means higher odds of risk but also wins as your spread is greater. Even in cases where you have the house edge while the risk is greater simultaneously you also push up your odds of winning. This is a strategy in itself and if confident I can imagine to work reasonably well.

Thus, if a player doesn't feel comfortable with the idea then best not to practice it. Only copy and implement things you know will work based on knowing how you strategise and play. Better still go with the experience rather than the hope of winning. This way you will be disappointed less  Wink

Exactly, the whole point behind using multiple bets is to minimize your exposure to risk by choosing many different teams/players instead of just one, but you should never forget that there's still some chance even if its small that you lose all your bets at the same time but when you make a comparison between single and multiple bets you can easily realize that if you bet on single bets there is way more chance of you losing that one single bet comparing to if you chose 5 teams/players for your bets, so the odds of losing 5 different bets at the same time is way higher, so while you can make more money by betting on single bets you can also lose it all on that but multiple bets gives you better odds of getting at least some of the money you bet on back, so it's all about your risk tolerance.
legendary
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November 04, 2020, 04:44:08 AM
Depends on the bet you are making and the teams you are betting for.

People love to talk about individual bets having a higher turn around for profit because you do not risk as much, if you wager on 10 games that week and 9 of them wins while one of them losses that means you are going to end up with a loss just because you did multi bet versus if you did each individually you will be making a profit thanks to that 9 game wins and that 1 loss won't be a big deal. However that is just one example, what about that 3 game almost guaranteed teams?

They are giving 3.9 even when you combine all three of them, it is that "guaranteed" that they will win, if you end up betting individually you are not going to make anything but if you lose one of them you are losing it all as well. Hence, why I think it all depends on the bet you make.
legendary
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November 03, 2020, 02:15:42 PM
It really depends on what you want to achive. If you want to win big like a jackpot or something you need to hit multiplier bets and get as many matches to win it all and win big! If you want stady winning matches singles match is the key,but with an avg odd of 1.75 at least

Why to use multiple bets an not like a series? It's much more chances to get some outcomes in your side with logial OR (event 1 OR event 2 is like P(1) + P(2) - P1-2 ) rather than with logical AND (from my previous post here, where probabilities multiply)
hero member
Activity: 2730
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November 03, 2020, 01:42:38 PM
I usually do multiple bets. I don't think either way is more beneficial, that is just the way that I play. Over the course of time I get a similar winning percentage either way. Placing multiple bets at once feels better to me because you have a better chance of winning something whereas the other way I might end up walking away with nothing for that day.
If you can win using both single bets and multiple bets and you can win many times, that is because you have the luck that comes to you. Not many people can win many times in gambling, and many of them are losing their money while playing gambling. Maybe some people will have their winning in the multiple bets to make them win the money. But we should not forget that no matter what we choose, single bets or multi bets, the chance of losing the money will be there. So you don't have to tempt because of your winning because you can lose the win money in the next round, so stopping gambling will be better to do.

You got the point because some people do find multi bets is effective than with single but some do make use of this two since its been giving out some profits to them.
So this will matter into someone on which one they would choose but if both do works then its normal for them to stick out. I agree being mentioned above ^ that
odds given on single bet would have corresponding equivalent when you do make multiples.Thing here is that they do differ with the amount to be spent or to bet
because in multi bet you can make your small bet with some decent multiplier which i do see the main edge.
legendary
Activity: 3234
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I stand with Ukraine.
November 03, 2020, 07:29:18 AM
From a mathematical point of view, single bets are much better, since although they are unprofitable in the long run, they are much less unprofitable than multi-bets. I can't give a link now, but there have been many calculations on this topic.
From the point of view of psychology, it is still easier - it is much easier to come to terms with the defeat of the team on which the bet was made than with the fact that the multi-bet lost due to any one event.

In my opinion, from a mathematical point of view, a single bet with 2.25x outcome odds has absolutely the same probability of winning as a multibet of 2 with 1.5x for each event.

Please be so kind to provide a link to the calculations, you've mentioned. It would be really interesting to examine them more thoroughly.
sr. member
Activity: 2030
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November 03, 2020, 06:32:36 AM
It depends on the match, which is the big team or not, I choose multi bet compared to single bet, if you play big team champions league team, we can predict which team is seeded and which team will lose, but if the strength of both teams is the same I prefer just single bet or choose another option because if one loses the other multi bet bet will also lose. One who considers why choosing a multi bet is because the odds given are much higher than the signle bet, for example, a 1k DOGE bet with a multi bet system, we can get almost 30K DOGE profit, different from a single bet, only getting 3K DOGE profit.
legendary
Activity: 2030
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November 03, 2020, 06:30:48 AM
Actually betting multi bets is very risky in my experience but quite fun and exciting if you are good to analyze all the match you would be able to gain good profit out of it and I do it occasionally, I prefer single bets for most of the time.
I don't think anyone can guarantee that you will win or lose because I see gambling like this depends on luck, and when you do that you have already made a profit, then you should be able to withdraw assets, because if you try to do the same thing then the percentage very few wins and very risky.
Obviously, the chances of getting busted with multi bets is higher due to the risky odds which boost the final multiplier.

Sure, multi bets means higher odds of risk but also wins as your spread is greater. Even in cases where you have the house edge while the risk is greater simultaneously you also push up your odds of winning. This is a strategy in itself and if confident I can imagine to work reasonably well.

Thus, if a player doesn't feel comfortable with the idea then best not to practice it. Only copy and implement things you know will work based on knowing how you strategise and play. Better still go with the experience rather than the hope of winning. This way you will be disappointed less  Wink

hero member
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November 03, 2020, 06:16:05 AM
I usually do multiple bets. I don't think either way is more beneficial, that is just the way that I play. Over the course of time I get a similar winning percentage either way. Placing multiple bets at once feels better to me because you have a better chance of winning something whereas the other way I might end up walking away with nothing for that day.
If you can win using both single bets and multiple bets and you can win many times, that is because you have the luck that comes to you. Not many people can win many times in gambling, and many of them are losing their money while playing gambling. Maybe some people will have their winning in the multiple bets to make them win the money. But we should not forget that no matter what we choose, single bets or multi bets, the chance of losing the money will be there. So you don't have to tempt because of your winning because you can lose the win money in the next round, so stopping gambling will be better to do.
sr. member
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November 02, 2020, 10:04:41 PM
I usually do multiple bets. I don't think either way is more beneficial, that is just the way that I play. Over the course of time I get a similar winning percentage either way. Placing multiple bets at once feels better to me because you have a better chance of winning something whereas the other way I might end up walking away with nothing for that day.
hero member
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November 02, 2020, 09:45:20 PM
Sometimes you hear stories of people who bet 1 usd and then suddenly win 10,000 usd which is really great if something like that happens to you. On the other hand, the chances are slim with multibets.
I'd rather go for single bets and experimental multiple bets.

Well it can be said that this was its lucky day. For me the chances of winning in multi bets were slim and so the chances of winning in single bets. Its true that there are instances which one person pay for a single bets and suddenly win but then if he/she would repeat it again the roulette of winning doesn't favor him at all. Sometimes there are also an instances that a person who were lucky enough to win in a bet with luck. So this might be called as a pure luck based kind of bets.
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