Why a single bet is better than a multi bet. - page 2.

carlfebz2

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Quote from: JohnBitCo on February 17, 2022, 09:33:16 PM

Quote from: nakamura12 on February 17, 2022, 07:25:29 AM

Quote from: carlfebz2 on February 17, 2022, 04:55:34 AM

Would really be just common sense that you do need to know a certain game if you do consider out on making some sports bet rather than have no knowledge at all.
You are just trying to guess randomly without any basis which it is better to play dice rather than on wasting your money on a bet which you arent even sure off
it would really have some win.It is something not really enjoyable at all.

It only means that you are wasting your time betting randomly due to no knowledge about the sports. I would definitely agree that it's better to play dice game as it is 50/50 and don't need much thinking if which one to bet. I have tried betting on sports (racing) without knowing the background of the racer so most of my bets are not winning all the time and some did win because it's just because many people are betting on the racer but it doesn't mean I would win. Knowledge comes first as you have said rather than wasting money.

Also by placing two bets on the same match on each team will mean that you will confirm lose one of those bets. So in order to cover the loss you have to win the other bet with a profit margin of more than 2x (which is impossible in most cases). So technically placing two bets on a same match means you will lose your money.

Its suicide if you do ask me if you do tend to make out bets on the same team on a particular game with the same amount which is indeed impossible.Bookies arent charity on giving out odds which

could bettors could have really done that which means that its a rare case to see this kind of opportunity but most of the time you couldnt realyl execute it out.
They're running off a business and they wouldnt really let those kind of opportunities to happen on.

apaben

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hope there is a miracle for single player betting. Like football betting I'm more effective in the bets I make, but too much betting makes no profit but it's a risk. 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

molsewid

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Multi-betting are for those who wants a faster gambling experience, and personally I don’t want to gamble this way since I do have a limited capital every time I gamble so if I multi bet, I might lose the lose the money easily and the odds is still quiet the same compare to single bet. The only advantage of multi bet is the winning odds, but still it is not guaranteed.

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.

mrongoz_imut

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Quote from: batang_bitcoin on February 19, 2022, 08:49:23 AM

Quote from: AicecreaME on February 19, 2022, 08:30:29 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.

Competitive match not really brave for multiple betting and I only take some match like Sporting Lisbon - Manchester City FC and Inter - Liverpool but only my betting with Manchester City and Liverpool, with competitive team like PSG, Madrid not really have some predicting will be correct because both team have the same potential and looks like draw, you have second optional on put with multiple betting when second leg match and I prefer choose Madrid, City, Bayern and exactly have to listed with Liverpool.

Botnake

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Quote from: AicecreaME on February 19, 2022, 08:30:29 AM

But yes, being lucky is needed. Because sometimes, no matter what you do, you'll still lose your money after your hardwork on making your chances high on winning.

Gamblers who think they can win do not rely on luck alone, they rely on their skills because they are confident they will win, luck is just a bonus but all they need is consistency in winning. Multi bet, that kind of betting would not give you long-term success, that's why I don't recommend it if you have a serious bankroll and you go for a long-term journey.

batang_bitcoin

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Quote from: AicecreaME on February 19, 2022, 08:30:29 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.

Quote from: Pamadar on February 18, 2022, 08:01:41 PM

Being lucky is an addon, but being wise is very important. It's true that being well aware of what's the risk

the gambler is taking gives him enough confidence whether he wins or lose it's always depends on how you will handle the situation
if you take single bet and you are contented with the odd, it's still profits when you win, while with ambitious gamblers who wanted
to risk doing the parlay, it gives higher compensation when you select the right games for your multi-bet.

That's the good thing in single bets. You're good with the odd and you're good to go, there's no pressure. If you lose then try again but in multi bets, there will be a lot of frustrations and regrets that you'll feel if you're almost there but didn't happen.

AicecreaME

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Quote from: batang_bitcoin on February 18, 2022, 06:28:03 PM

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Quote from: batang_bitcoin on February 17, 2022, 06:40:11 PM

They have no choice if they keep on losing, they're losing emotion, they're angered with the situation and they should stop for that moment because it's the one reason that they'll lose all that they have.
And when they are ready, they should bet only single. It's a good start after coming from a losing streak so they'll get to start properly and condition themselves again.

Precisely herein lies the fault of some gamblers now when indeed they cannot control their emotions then indeed it is one of the fatal things for a gambler.
We should be aware that here we can't win all the time and even if we realize our win ratio is even less than losing so indeed they should be aware that they can't do things like this all the time.
I quite agree if they can't control it then at least they should stop for a moment because gambling must also have a clear enough mind so as not to get carried away by lust and this will be much more useful because even if gambling uses luck, the rationality of our brains must also be maintained.

Just do whichever they think they're good at after that recovery. Everyone can start again and if he's too confident that he'll hit a multi-bet. No one can stop him.
Make sure that he's aware and known for what he's doing and any result is very welcoming to him. As always, gambling, whether sports betting or any other type of betting. Being lucky is always there.

Once you get addicted to gambling, or started to lose a lot and started to be frustrated, stopping is not an easy task, because you'll randomly gonna act out of your frustration. 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.

But yes, being lucky is needed. Because sometimes, no matter what you do, you'll still lose your money after your hardwork on making your chances high on winning.

Cnut237

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Multi-bets just exploit a common judgement error, I'm not keen on them. Basically you can string together several plausible scenarios, and have people thinking "yes, this is likely, and this is likely, definitely worth a bet"... but the more bets you join together, the more plausible combinations there are. Something like "PSG to win 3-1 and Messi to score first" seems quite likely, but is actually much more unlikely than either of the two taken separately. I'm sure there are opportunities there as everywhere else, but you need to make a logical evaluation of the actual chances first.

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Quote from: Slow death on February 18, 2022, 07:43:08 AM

I only do multi bets when I see that the games are easy to predict and I take a multi bet as a losing bet even before I see the result of the bet, I do this to not create high expectations, but I do simple bets to be able to make a profit, weight that In the long term, multiple bets are not for profit, they are like a lottery ticket but more evolved because we have the opportunity to analyze the games

correct , and besides this is gambling and either many bets or not yet it is luck that will let you win even how good you are in analyzing .

and also those Big time gambler use to Bet in single way like what Drake did recently in SuperBowl ,(Not sure if that is the bet he made but seems to be in the threads they show it as single bets.

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Quote from: mrongoz_imut on February 18, 2022, 03:25:04 PM

When have several match easy to predict I think multi bet or parlay looks interested than single bet, odds could change if use single bet but with multi bet have higher odds.

With all the gambling sites I have used before, the odds change only if you have not taken the bet, I mean if you have not bet, once you bet, the odds will never change, be it single or accumulation bet. There are always several matches to predict, I took Borussia Dortmund to win Rangers in Europa, I wish I could have gone for over 2.5, it was what that made me lose my $20 match that I bet, if it is a single bet, I might have not selected the Borussia Dortmund vs Rangers among.

If you bet on a single bet and the chance to win is like 50%, the chance to lose is also 50%. If two matches are taken, the chance of winning will reduce to 25% while the chance of losing will increase to 75% and so on. Multiple bets are more risky as the profit to make is increasing.

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Quote from: batang_bitcoin on February 18, 2022, 06:28:03 PM

Just do whichever they think they're good at after that recovery. Everyone can start again and if he's too confident that he'll hit a multi-bet. No one can stop him.
Make sure that he's aware and known for what he's doing and any result is very welcoming to him. As always, gambling, whether sports betting or any other type of betting. Being lucky is always there.

Being lucky is an addon, but being wise is very important. It's true that being well aware of what's the risk

the gambler is taking gives him enough confidence whether he wins or lose it's always depends on how you will handle the situation
if you take single bet and you are contented with the odd, it's still profits when you win, while with ambitious gamblers who wanted
to risk doing the parlay, it gives higher compensation when you select the right games for your multi-bet.

batang_bitcoin

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Quote from: batang_bitcoin on February 17, 2022, 06:40:11 PM

They have no choice if they keep on losing, they're losing emotion, they're angered with the situation and they should stop for that moment because it's the one reason that they'll lose all that they have.
And when they are ready, they should bet only single. It's a good start after coming from a losing streak so they'll get to start properly and condition themselves again.

Precisely herein lies the fault of some gamblers now when indeed they cannot control their emotions then indeed it is one of the fatal things for a gambler.
We should be aware that here we can't win all the time and even if we realize our win ratio is even less than losing so indeed they should be aware that they can't do things like this all the time.
I quite agree if they can't control it then at least they should stop for a moment because gambling must also have a clear enough mind so as not to get carried away by lust and this will be much more useful because even if gambling uses luck, the rationality of our brains must also be maintained.

Just do whichever they think they're good at after that recovery. Everyone can start again and if he's too confident that he'll hit a multi-bet. No one can stop him.
Make sure that he's aware and known for what he's doing and any result is very welcoming to him. As always, gambling, whether sports betting or any other type of betting. Being lucky is always there.

mrongoz_imut

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Quote from: Slow death on February 18, 2022, 07:43:08 AM

I only do multi bets when I see that the games are easy to predict and I take a multi bet as a losing bet even before I see the result of the bet, I do this to not create high expectations, but I do simple bets to be able to make a profit, weight that In the long term, multiple bets are not for profit, they are like a lottery ticket but more evolved because we have the opportunity to analyze the games

When have several match easy to predict I think multi bet or parlay looks interested than single bet, odds could change if use single bet but with multi bet have higher odds. Just take for all your bet with multi have correct, one bet wrong you can't win but on stake have option with cash out early when have some match looks not as predicting and we can earn several profit than if loss one without earn and get reward.

TheGreatPython

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Quote from: adzino on February 17, 2022, 06:45:29 PM

Betting multiple times doesn't decrease or increase your chances of winning anything nor does it increase or decrease your bet "multiply". When you place a bet and the win chance is 50%, then the win chance is 50%. If you place another, it is still the same. You have 50 50 chance of winning. Your previous bet result doesn't affect the win chance of your next bet. There is something called gamblers fallacy that people think if they keep on losing previous bet, they will win the next bet. Doesn't work that way.
But yeah, if you keep on playing, in the long run it is only the house that will win, not you.

It can be true that house will won the more you play gambling but I think that only applies if your already winning and if you continue betting. It happens to me a lot of times before. I also tried multiple deposits because i cant hit my target on the few rolls/deposit and guess what happens later on? I did win.

It has been happening to me as well a lot of times so maybe it isn't just a gamblers fallacy but maybe it is really true that the more you play the more chances of winning but only if your loosing and haven't wont yet (based on my experiences) but I am also a believer that your current rolls doesn't affect the previous or the next rolls.

Boristhecat

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Quote from: buwaytress on February 17, 2022, 12:48:51 PM

Quote from: Boristhecat on February 16, 2022, 08:57:48 AM

Thanks for the explanation, now I understand everything. By the way, in my language (Russian) another name for multi bets is used - Express. It probably means that one big bet consists of several wagons (bets) as a train.
As for the condition for the minimum odds of 1.5, in total for five bets this gives a coefficient of ~8. In fact, this is quite an adequate odds (not 200 and not 1000) and if you make several bets in one weekend, you can expect that at least one will win. I think this is a perfectly acceptable condition.

And thank you for your explanations. That's interesting to know. Do you guys have a separate term for system betting? Which is just combinations of same matches but different possible outcomes. For example 1x2 on GameA1 x GameB1 and GameA1 x GameB2. I actually don't know if a term exists for acca/parlay/multi in my local language -- looking it up, they've just picked the British term and translated (accumulator).

The 1.5 x 5 legs is actually pretty good yes, but because of the daily value, I find myself using it up as often as possible, as I said, adding legs from games I'm not even familiar with. Very good value for someone who knows what he's doing for sure.

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.

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Quote from: Slow death on February 18, 2022, 07:43:08 AM

I only do multi bets when I see that the games are easy to predict and I take a multi bet as a losing bet even before I see the result of the bet, I do this to not create high expectations, but I do simple bets to be able to make a profit, weight that In the long term,

A low odd games with guarantee can be the game to pull you down. Many times the small clubs cause upset to the big teams with low odds. Betting itself is not generally easy because there is element of luck in that.

Quote from: Slow death on February 18, 2022, 07:43:08 AM

multiple bets are not for profit, they are like a lottery ticket but more evolved because we have the opportunity to analyze the games

I know that sometimes some gamblers play multi bets with the hope of winning a jackpot while they also play the single bet but they are all for profit making. Gambling is not just for fun because you have to stake out money and your interest will be there for win.

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Quote from: carlfebz2 on February 17, 2022, 04:55:34 AM

Would really be just common sense that you do need to know a certain game if you do consider out on making some sports bet rather than have no knowledge at all.
You are just trying to guess randomly without any basis which it is better to play dice rather than on wasting your money on a bet which you arent even sure off
it would really have some win.It is something not really enjoyable at all.

Yes, you are right. But some people seem eager to make bets on sports that they do not have sufficient knowledge of. They tend to be curious about the sport and decide to test their skills. Some can indeed win by luck but they should understand that luck will not always come to them.

Quote from: dustboy on February 17, 2022, 01:38:52 PM

I dont get why do you say multi bet requires more funds than a single bet while in fact you can bet with the same amount. In other fact, most people bet smaller in multi bet than in single bet because of the odds and its risk. Can you please tell me with example how multi bet requires more funds as I get really confused with your statement. Based on my own experience when I have low fund, I will chose to play multi bet with higher odds but when I have more funds I will chose to bet bigger in single bet.

For one bet, let's say you use $5, so if you want to place a second bet and use $5, you need to spend another $5 so the total money you multi-betted would be $10. That number will increase even more if you decide to bet a third time. Even if you place a bet, the time varies.

So that's why I say multi bet requires more funds than a single bet. Perhaps, I explained it wrong.

Quote from: uneng on February 17, 2022, 04:05:36 PM

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.

Without having a strategy, our chances of losing will be greater unless there is a luck factor with us, even though we choose a team at random. I agree that an experienced gambler should know when he can bet and which sports he can place his bet on. Gamblers who are inexperienced or do not have enough knowledge about sports can look for other types of bets that do not require special strategy or knowledge.

Slow death

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I only do multi bets when I see that the games are easy to predict and I take a multi bet as a losing bet even before I see the result of the bet, I do this to not create high expectations, but I do simple bets to be able to make a profit, weight that In the long term, multiple bets are not for profit, they are like a lottery ticket but more evolved because we have the opportunity to analyze the games

molsewid

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Quote from: JohnBitCo on February 17, 2022, 09:33:16 PM

Also by placing two bets on the same match on each team will mean that you will confirm lose one of those bets. So in order to cover the loss you have to win the other bet with a profit margin of more than 2x (which is impossible in most cases). So technically placing two bets on a same match means you will lose your money.

I haven't tried betting on the same team or the same players in one match, if this is the case then this is a positive confirmation that you know you lose a half of your money. Somehow it is also kind of securing your chances to win the bets but also admitting to lose half of it. I don't think it is covering the losses if in case because you can't make sure if the winning money can cover the losses amount. So personally I don't think so that betting on the same team on the same match is a good decision.

Maestro75

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Quote from: Gozie51 on February 11, 2022, 12:06:47 PM

The reason people bet in multiple is to increase the winning potential and nothing more. That is the reason and they understand the risk that the chances of all the games being successful is narrow but that does not stop them to complain, regret and cry (especially when it is big potential) when they lose it Grin

That is true why people go into multiple bets and those who do that are the fearful gamblers. They are scared of losing and always want to win something at all cost so they split their stakes to achieve that. Most times what they stake in splits on the games of their choice is even more to what they would stake as a whole. If they ever get lucky and win on a game, they become filled with regrets of not placing more bets on that game.

Quote from: nakamura12 on February 17, 2022, 04:58:55 PM

Indeed but I have stopped doing that and currently I also able to stop the urge to gamble.

Gambling is an addiction and most people will say it is not easy to stop it once you get hooked on it. I wish you success in your struggle.

Topic: Why a single bet is better than a multi bet. - page 2. (Read 1124 times)