Why a single bet is better than a multi bet.

DoublerHunter

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Quote from: wxa7115 on February 23, 2022, 04:25:31 PM

~snip~
So if you only choose single bets then you will lose less money than with multi bets, and regardless of whether you play for fun or profits, choosing the bet with the smaller house edge and losing less money is always the best option.

^ It seems you are right, a single bet seems more profitable when it comes long term betting than the multi-bet.
Multi bet in terms of OP or known as a double bet is good when you are lucky enough if those bets are all luckily get a win but both sides are all failures, that is the time you will have a big loss. I like single bet, it seems you are having fun and I think in this way you are not looking greedy, it seems you put your bet for fun only not chasing the money.

wxa7115

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Quote from: uneng on February 17, 2022, 05:05:36 PM

Quote from: maydna on February 17, 2022, 05:41:05 AM

That's why if we don't have a strategy or don't know how to collect data that helps us analyze the competing teams, we will only choose teams randomly. And if that happens to us, we should choose a single bet so that we don't have trouble choosing a team.

If you don't have a strategy and don't know how to analyze teams and players, doesn't matter if you choose a single or multi bet, the trouble will be the same for both betting styles. When a gambler isn't educated enough on sports' matter, he should just avoid it until he has enough conditions to make a coherent analysis of the match scenario, that will potentially lead him to a winning.
For an uneducated gambler that is still possible to happen within time, effort, patience as he develops learnship and of course, since he has a legit interest for sports and think it's an entertaining subject.

It does matter and I think the post of the OP proves this point, even if you do not have a way to beat the house edge, the smaller the house edge that you face the better as this means that over the long term you will lose less money.

So if you only choose single bets then you will lose less money than with multi bets, and regardless of whether you play for fun or profits, choosing the bet with the smaller house edge and losing less money is always the best option.

dunfida

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Quote from: mrongoz_imut on February 22, 2022, 01:34:40 PM

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Quote from: Gozie51 on February 19, 2022, 05:42:03 PM

Quote from: apaben on February 19, 2022, 01:42:32 PM

I always wait for football matches like a predictable club to win. I don't do it every day either. for example in my strategy with playing capital of 500 $ and can develop to 2000 $ slowly within a month

Patience is important in life and also within what we want to bet. You can actually plan your betting as a business like you have calculated with &500 and to have a potential winning of $2000k that is about a good business but have you also calculated your possible losses? This is important to know with business, while you estimate profit, you also take your concern for losses.

I agree with you on this one. You need patience in everything in life if you want to go far. In sports betting, most people don't consider their losses they only jump up when they win forgetting that they have lost so many times. Every business owner aims to maximize profit and for you to do this correctly you must have a record containing your profit and lost.

Sport betting for bigger fund they will take participating only with single bet than multiple bet, usually as multiple bet for gamble as little fund and get higher profit return with multiple betting. But I agree how ever much fund on gambling always patience and not become greedy usually as casino gambling they will keep betting without quit ever win or loss, when have win they will be greedy but when bad moment with loss try how to recovery until fund all gone.

For having bigger capital or bankroll doesnt always mean that they would making single bets with big amount into it which some would really be still that conservative when it comes to the amounts would be put up.

Some would still be considering multiple bets or on parlays with having those winning potential or odds which they do get easily hooked on which i couldnt blame them.
If they are really that aware or knowledgeable on certain sports then they would really be having this behavior.

Smartvirus

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One fact that has to be established in sports betting is that, there is a risk everywhere you turn, no where is safe and no bet is too sure. Though, there are cases for which the risk potential are higher than orders and that's where accumulated bets or multiple bets on a sinh6slip comes in.

Most times, we get so scared of high odds and get comfortable with the fact that, high odds are archiveable through the accumulation of several small odds, using small funds to hit a targeted jackpot. Yeah, it seems a nice idea but it's one that don't come without risk. Following the fact that, no bet is assuring. It can alway go sideways even with the smallest odd.

When it comes to single bets and accumulated bets, it's more about how much your willing to risk and how much possible return might you be comfortable with else, single bets are more promising.

mrongoz_imut

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Quote from: Gozie51 on February 19, 2022, 05:42:03 PM

Quote from: apaben on February 19, 2022, 01:42:32 PM

I always wait for football matches like a predictable club to win. I don't do it every day either. for example in my strategy with playing capital of 500 $ and can develop to 2000 $ slowly within a month

Patience is important in life and also within what we want to bet. You can actually plan your betting as a business like you have calculated with &500 and to have a potential winning of $2000k that is about a good business but have you also calculated your possible losses? This is important to know with business, while you estimate profit, you also take your concern for losses.

I agree with you on this one. You need patience in everything in life if you want to go far. In sports betting, most people don't consider their losses they only jump up when they win forgetting that they have lost so many times. Every business owner aims to maximize profit and for you to do this correctly you must have a record containing your profit and lost.

Sport betting for bigger fund they will take participating only with single bet than multiple bet, usually as multiple bet for gamble as little fund and get higher profit return with multiple betting. But I agree how ever much fund on gambling always patience and not become greedy usually as casino gambling they will keep betting without quit ever win or loss, when have win they will be greedy but when bad moment with loss try how to recovery until fund all gone.

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Quote from: batang_bitcoin on February 19, 2022, 05:42:17 PM

Yeah, that's what is likely to happen. When someone is frustrated, you're not thinking if you just did that out of your emotions. And that's why whatever you do, you gamble, you trade or you work.
Don't put your emotion at the top when you do any activity because that's going to make you unproductive and as well as you're in the possibility of failure. That is because you're not checking and thinking correctly but only relying and doing things due to emotion.

I do not advise a person to gamble when he is frustrated because that will only increase his emotional height and lose his money at the gambling table. It's better to take a break before starting any activity because if you get frustrated or angry, you won't think straight and will only worsen the situation. So we need to manage our emotions and not be controlled by emotions because we have seen the consequences in other people.

Depends to the person's situation because we never know that gambling is one of their ways to relieve stress or frustrations from whatever reasons it is, in fact I do know someone who does gambling especially when they're in stress, they don't need to gamble bigtime because they are just doing it just to pass the time and to entertain themselves for a short time. But yes mate, you are certainly right about that and for someone who does gambling to make money then doing these activities while frustrated only increases your chance to lose. Emotions need to be controlled when gambling.

TheGreatPython

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Quote from: Ziskinberg on February 21, 2022, 08:39:27 AM

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In sports betting, most people don't consider their losses they only jump up when they win forgetting that they have lost so many times.

That's because they are literally gambling for fun, they enjoy when they are winning and just forget their losses, except for those who are really addicted in gambling. When you are serious with gambling, I mean like your aim is to make money, you should treat it like a business where you have like a financial statement, particularly the income and lose report.

I think they jump because they didn't expected to win or the win was too huge for them. They do realize their past losses but for them winning can rarely happen , that is why they are very happy but to treat gambling as business? I think that will only work if you are the owner and not the costumer because your chance of winning are lower than them.

Playing professionally or when someone sponsors you is the only way to earn stable income in gambling. If were are just a costumer we should only treat gambling for fun and it does not really matter if we will play a single bet or a multi bet because both of them are equally fun anyway.

Peanutswar

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Quote from: ipanks on February 16, 2022, 05:13:58 AM

Quote from: madnessteat on February 16, 2022, 03:07:45 AM

snip

So, it's better to make a single bet than a multi-bet, especially if we can't handle it well. Maybe we can try with 2 bets and see the results and if we can manage it well and predict both bets, it means we can try again in the next bet.

Maybe not many of us can handle multi-bets well because it requires more focus and research for each match before we choose the bet.

not just needed focusing but also more funds to risk, many of us are small bettors in which cannot afford multi bets .

Like me, i only make single bet at a time , though depend on what game because if this is roulette or baccarat then i tend to make at least 3-4 bets at a time for higher chances of gaining .

Quote from: Peanutswar on February 16, 2022, 04:02:53 AM

It depends on how much you bet and where you want to support. In sports gambling of course you need to take a time where is ideal to make a bet like having research on the team, strategy, best plays and current lineup. When I make a bet too I do a single bet because at that time I can now watch the current live game and don't need to pressure too many indifferent bets. If you can handle in different game good but if you want to watch those games and get entertain go for a single bet at the end of the day still profit is the ideal thing.

Indeed , in sports betting it is advisable to make single bet per game , not unless you are a fan of different sports that has same game time to happen.

Its too hard to enjoy a game mostly the team we would like to support and of course we want to see if the team we would bet is doing good and not just wait for the outcome of the game. People do multiple bet if they think its a safe bet or already in favor with the team they would like. Mostly i do bet with an alternate game after first game next is the 3rd game i do bet so i can enjoy watching and earning profit at the same time.

mrongoz_imut

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Take opportunity on middle weeks have several football match from Champion League until several post ponned match will make fun and have bigger chance and better to play with multi bet or parlay. I have open my betting with several match and keep multi bet than single bet trough I play only 30$ on every bet history, I have three betting position and all keep use multi bet and I think looks have good chance when choosing with multi bet than single bet with higher return.

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Quote from: ipanks on February 16, 2022, 05:13:58 AM

Quote from: madnessteat on February 16, 2022, 03:07:45 AM

snip

So, it's better to make a single bet than a multi-bet, especially if we can't handle it well. Maybe we can try with 2 bets and see the results and if we can manage it well and predict both bets, it means we can try again in the next bet.

Maybe not many of us can handle multi-bets well because it requires more focus and research for each match before we choose the bet.

not just needed focusing but also more funds to risk, many of us are small bettors in which cannot afford multi bets .

Like me, i only make single bet at a time , though depend on what game because if this is roulette or baccarat then i tend to make at least 3-4 bets at a time for higher chances of gaining .

Quote from: Peanutswar on February 16, 2022, 04:02:53 AM

It depends on how much you bet and where you want to support. In sports gambling of course you need to take a time where is ideal to make a bet like having research on the team, strategy, best plays and current lineup. When I make a bet too I do a single bet because at that time I can now watch the current live game and don't need to pressure too many indifferent bets. If you can handle in different game good but if you want to watch those games and get entertain go for a single bet at the end of the day still profit is the ideal thing.

Indeed , in sports betting it is advisable to make single bet per game , not unless you are a fan of different sports that has same game time to happen.

madnessteat

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Quote from: Oilacris on February 21, 2022, 07:22:27 PM

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It's better because you could put all your efforts in it to make sure that you won't lose, while it is the complete opposite of multi bets, because it's too hassle for me to analyze data for multiple bets. I'd rather bet big with big research included for assurance rather than randomly make multi bets. Also, multi betting doesn't assure you profits, sometimes it could go other way around.

Doesnt assure profits neither on single bets too but the hassle thing when you do multi or parlays is that you would need to research up for more information because you are betting
on different teams or players which it would be time consuming if you do ask me and just like on what most people been doing here is that i do prefer on single betting because
you are just focusing on very small amount of information rather than with multiples although the winning or profit chance is small but at least you are bit sure on what you are
choosing.

You are absolutely right. The higher the risks you can take, the higher will be the winnings you can get if you correctly predict the outcome of several games.

I don't like increased risks so I choose single bets. With my knowledge of sports parlay betting is like a lottery where the chance of winning is negligible.

Oilacris

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It's better because you could put all your efforts in it to make sure that you won't lose, while it is the complete opposite of multi bets, because it's too hassle for me to analyze data for multiple bets. I'd rather bet big with big research included for assurance rather than randomly make multi bets. Also, multi betting doesn't assure you profits, sometimes it could go other way around.

Doesnt assure profits neither on single bets too but the hassle thing when you do multi or parlays is that you would need to research up for more information because you are betting
on different teams or players which it would be time consuming if you do ask me and just like on what most people been doing here is that i do prefer on single betting because
you are just focusing on very small amount of information rather than with multiples although the winning or profit chance is small but at least you are bit sure on what you are
choosing.

Fatunad

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Quote from: Oasisman on February 21, 2022, 08:45:30 AM

Quote from: batang_bitcoin on February 19, 2022, 05:42:17 PM

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Quote from: batang_bitcoin on February 19, 2022, 09:49:23 AM

Quote from: AicecreaME on February 19, 2022, 09:30:29 AM

Multi bet could be their way to burst their frustrations, because if they are not gonna let it out, then the outcome could be worst.

It can be or it cannot be. It's a choice so whether frustrated or not, a gambler will definitely choose it depending on what he thinks and if he thinks he's at his best.

If he just wanted to vent his frustration by using multiple bets, he would regret it because he didn't analyze before making a decision. He will lose in every bet because without analysis, he will not get the right team or player who can help him win. But if he used a random selection and relied solely on his luck, maybe he could win. But then again, if he didn't analyze properly, then it would be difficult for him to win.

Yeah, that's what is likely to happen. When someone is frustrated, you're not thinking if you just did that out of your emotions. And that's why whatever you do, you gamble, you trade or you work.
Don't put your emotion at the top when you do any activity because that's going to make you unproductive and as well as you're in the possibility of failure. That is because you're not checking and thinking correctly but only relying and doing things due to emotion.

I dont know but its kinda weird (for me) to resort on multi bets during frustrations kick in. I have been into a physical betting place several times before (not really a casino, but a place where you gamble), once I get frustrated for not being able to get enough win while I am diversifying my bet, I'd rather have one huge single bet to make. In that way, It's gonna be a win or a total lose situation, a kind of situation wherein you're already playing against your emotion like what you guys have mentioned. So, If I win, I'll get the chance to pick my pace and begin with a calm way of placing bets, or If I lose I'll head straight home and face the fact how pissed and frustrated I am (happened to me many times).

Going all in kind of behavior is something that is really not that recommendable because instead on trying out to prolong your gambling activity then you would just simply
cut it short on the time that you would lost it all on single bet.Yes, it is really just a common behavior to have because people are way too emotional and does have that
kind of reaction on where you do need to break even for you to get back on the pace that you do have earlier.

maydna

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Quote from: Gozie51 on February 19, 2022, 05:42:03 PM

Quote from: apaben on February 19, 2022, 01:42:32 PM

I always wait for football matches like a predictable club to win. I don't do it every day either. for example in my strategy with playing capital of 500 $ and can develop to 2000 $ slowly within a month

Patience is important in life and also within what we want to bet. You can actually plan your betting as a business like you have calculated with &500 and to have a potential winning of $2000k that is about a good business but have you also calculated your possible losses? This is important to know with business, while you estimate profit, you also take your concern for losses.

I agree with you on this one. You need patience in everything in life if you want to go far. In sports betting, most people don't consider their losses they only jump up when they win forgetting that they have lost so many times. Every business owner aims to maximize profit and for you to do this correctly you must have a record containing your profit and lost.

Not many people can learn patience in many ways because they want to get satisfactory results. At the same time, they can see that the situation can turn in the opposite direction along the way, and they are not ready for it. If they can calculate everything, the pros and cons and risks, they can estimate what they can get, although it will not always be what they expect. At the very least, they can predict something, and if they don't think it's profitable, they'd better not go ahead with it. People are most often unprepared for something bad that could happen to them to suffer a loss. We must stay away from it by always preparing everything.

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Quote from: batang_bitcoin on February 19, 2022, 05:42:17 PM

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Quote from: batang_bitcoin on February 19, 2022, 09:49:23 AM

Quote from: AicecreaME on February 19, 2022, 09:30:29 AM

Multi bet could be their way to burst their frustrations, because if they are not gonna let it out, then the outcome could be worst.

It can be or it cannot be. It's a choice so whether frustrated or not, a gambler will definitely choose it depending on what he thinks and if he thinks he's at his best.

If he just wanted to vent his frustration by using multiple bets, he would regret it because he didn't analyze before making a decision. He will lose in every bet because without analysis, he will not get the right team or player who can help him win. But if he used a random selection and relied solely on his luck, maybe he could win. But then again, if he didn't analyze properly, then it would be difficult for him to win.

Yeah, that's what is likely to happen. When someone is frustrated, you're not thinking if you just did that out of your emotions. And that's why whatever you do, you gamble, you trade or you work.
Don't put your emotion at the top when you do any activity because that's going to make you unproductive and as well as you're in the possibility of failure. That is because you're not checking and thinking correctly but only relying and doing things due to emotion.

I dont know but its kinda weird (for me) to resort on multi bets during frustrations kick in. I have been into a physical betting place several times before (not really a casino, but a place where you gamble), once I get frustrated for not being able to get enough win while I am diversifying my bet, I'd rather have one huge single bet to make. In that way, It's gonna be a win or a total lose situation, a kind of situation wherein you're already playing against your emotion like what you guys have mentioned. So, If I win, I'll get the chance to pick my pace and begin with a calm way of placing bets, or If I lose I'll head straight home and face the fact how pissed and frustrated I am (happened to me many times).

Ziskinberg

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Quote from: ?? on ??

In sports betting, most people don't consider their losses they only jump up when they win forgetting that they have lost so many times.

That's because they are literally gambling for fun, they enjoy when they are winning and just forget their losses, except for those who are really addicted in gambling. When you are serious with gambling, I mean like your aim is to make money, you should treat it like a business where you have like a financial statement, particularly the income and lose report.

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Quote from: Boristhecat on February 18, 2022, 12:22:46 PM

No, the system in our language has the same name - the system. There are a couple more expressions that, it seems to me, are used by everyone (in our country). Current bookmaker quotes = line. Martingale (when you bet on a team and it loses, you increase your bet on that team) = chase.
Blind betting (when you don’t look at any information about the game, but just study the bookmakers’ numbers) is good, but I think it can be effective if you study the dynamics of the odds, and not just bet on all events with odds of 1.5.

Interesting, I use chase a lot (probably a lot of people do), but not in the context of martingaling -- which I use in the casino sense of the word, doubling down on a team of roughly 2/1 odds OR increasing a stake on the next bet depending on the odds, to ensure a profit. Chasing for me is strictly betting on ANY game almost immediately after a loss to cover unexpected losses. Luckily I do only the former now and not the latter...

I'm trying to think of local terms but they exist mainly for table games and not sports... as sports betting wasn't available locally in my time, except for simple Asian handicap (in which case you say "I take team A and give you one ball or half ball", and it's always for 2/1).

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Quote from: molsewid on February 19, 2022, 12:48:53 PM

Yeah you're certainly right about it buddy, multi betting are best fit to those gamblers who have the unlimited amount of capital that they really intend on their gambling activities but for those who like us who's a type of gambler with a limited budget this kind of betting activities is kind of limited for us too. I am also a not a type of gambler who's into multi betting I can't afford to lose a multiple amount of money in different bettings I've made so I do prefer a single betting instead.

I don't think that's true though you don't need an unlimited amount of capital just to make multi-betting work as the minimum bets on most bookies are small enough that you can divide your deposit to hundreds of units. Thanks to their very small minimums you can always place an amount proportional to your bankroll so you don't take huge losses even if you're on a very long losing streak. I also avoid multi's unless I have a free bet but you can always go for multis even with a small bankroll.

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Quote from: batang_bitcoin on February 19, 2022, 09:49:23 AM

Quote from: AicecreaME on February 19, 2022, 09:30:29 AM

Multi bet could be their way to burst their frustrations, because if they are not gonna let it out, then the outcome could be worst.

It can be or it cannot be. It's a choice so whether frustrated or not, a gambler will definitely choose it depending on what he thinks and if he thinks he's at his best.

If he just wanted to vent his frustration by using multiple bets, he would regret it because he didn't analyze before making a decision. He will lose in every bet because without analysis, he will not get the right team or player who can help him win. But if he used a random selection and relied solely on his luck, maybe he could win. But then again, if he didn't analyze properly, then it would be difficult for him to win.

Yeah, that's what is likely to happen. When someone is frustrated, you're not thinking if you just did that out of your emotions. And that's why whatever you do, you gamble, you trade or you work.
Don't put your emotion at the top when you do any activity because that's going to make you unproductive and as well as you're in the possibility of failure. That is because you're not checking and thinking correctly but only relying and doing things due to emotion.

Gozie51

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Quote from: apaben on February 19, 2022, 01:42:32 PM

I always wait for football matches like a predictable club to win. I don't do it every day either. for example in my strategy with playing capital of 500 $ and can develop to 2000 $ slowly within a month

Patience is important in life and also within what we want to bet. You can actually plan your betting as a business like you have calculated with &500 and to have a potential winning of $2000k that is about a good business but have you also calculated your possible losses? This is important to know with business, while you estimate profit, you also take your concern for loses.

Topic: Why a single bet is better than a multi bet. (Read 1081 times)