Why a single bet is better than a multi bet. - page 3.

JohnBitCo

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Quote from: nakamura12 on February 17, 2022, 08:25:29 AM

Quote from: carlfebz2 on February 17, 2022, 05:55:34 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.

Wexnident

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Quote from: maydna on February 16, 2022, 11:41:04 AM

Quote from: Wexnident on February 16, 2022, 08:22:58 AM

The purpose of multi bets was either to net in as much profit as the user wants, or simply try to diversify the bet you want, just like how you diversify your portfolios. Though it still depends on the odds ofc, so it still requires a bit of judgment on that point. Honestly researching a team should automatically allow you to identify they're capabilities, letting you bet on multi-bets (or just deciding to go for single ones since you see no possible wins for multis).

But if users don't have a good knowledge base in analyzing, I'm afraid they will just choose the wrong team, which means they can get a loss. It would be fine if they only chose single bets, but what if they were forced to select multi bets where they wouldn't have a big chance of winning.

Researching a team takes time, and without previous experience, it will be difficult to do, and we will have a hard time analyzing it. So we need to know our own ability to analyze so that we don't choose the wrong team.

And that's why it requires proper judgment and not just willy nilly betting. That's no different than gambling after all. Plus, it's as I said, similar to diversifying your portfolios meaning you know what's up with the game, who the parties involved are, and what are the possibilities that would happen. Your sports betting in the first place because you at least know the game, the teams playing, and the chances and possibilities of what could happen, even if your references were past matches only.

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Quote from: coolcoinz on February 17, 2022, 06:10:36 PM

Betting multiple times simply decreases your chances of winning anything, but increases your bet multiply.
-snip-

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.

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Quote from: batang_bitcoin on February 16, 2022, 07:43:38 PM

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Of course, every action taken must have its own preferences and beliefs, on the other hand we are also ready when we lose completely there because the risk of multi bets is certainly very large, even 70% of them are definitely losses if we are not really careful in betting. .
Every bettor must be aware of this when they really want to do multi bets but as I said before the losses and profits of course will be very different when we do multi bets and single bets

That's the problem for some gamblers. When they're ready to bet but they're not ready for any possible outcome but only foreseeing the positivity of it. But when the worse comes, they're discouraged and that triggers them to lose control to themselves and whatever they think is going to be their strategy at that time. They just do it randomly without thinking because they're so invested on their emotions.

I think when something like that happens, from the start they should immediately stop their activities both in gambling at the casino and for Sportbet because by doing so they will only waste money without faith and will only be filled with endless anger and ambition.
Even though gambling in some circles has become something that is taboo, but this is also of course done with awareness and when their ambition is more often mastered then it seems that gambling is not suitable for them.

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.

coolcoinz

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Quote from: LUCKMCFLY on February 17, 2022, 04:30:30 PM

Multiple bets have their advantages and disadvantages, but if you are a person who knows sports well and has a good streak, it is best to evaluate that multiple bets is what you need to do to improve your performance and perhaps win more, unlike Personally I am not very good at multiple bets, I always usually bet 1 time and 1 bet and based on my knowledge I do it that way, in my country there is a typical saying that says: "He who covers a lot, squeezes little" and I believe that making a strong bet on a sport, with some knowledge of what is being done, is worth a lot, however I think that I admire those who make multiple bets because their capacity raises them to the maximum.

Betting multiple times simply decreases your chances of winning anything, but increases your bet multiply. It's just math as always.
Instead of getting 50% chance to win x2, you have 25% chance to win x4. If you like the odds it's up to you. Most people either play with low bets, low probability, high payout, or choose to bet high with lower multiply but higher chances to win. Or you can go high bet low chance with high multiply if you like to go YOLO. Cheesy

nakamura12

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Quote from: wxa7115 on February 17, 2022, 04:19:15 PM

At the end of the day it is about what you enjoy, some people like dice but others will find it to be very repetitive, so if you are a fan of sports then sport betting is a good option to enhance your entertainment even more by making a bet on your favorite team.

However this thread is important because as in most casino games there are bets with a low casino edge while others which have a huge one, and it is important to be able to tell which is which, because in that way we can save some money and enjoy our hobby for longer periods of time.

It's true that dice game is repetitive as you have said although each person have their own decisions on what to do with their money either to gamble in casinos or in sports betting. I wouldn't bet on sports that I am not fond of but I am willing to learn or be knowledgeable about it if I am going to bet as it is important to be knowledgeable about a sports that you are going to bet as a hobby or a chance to double the money and because you have knowledge about the sports then you can prolong your hobby of betting or let's say gambling. I wouldn't disagree with you but each of us have our opinion so what you said is also agreeable if you ask me.

Quote from: DoublerHunter on February 17, 2022, 05:53:12 PM

^ Betting on a game that you really don't know is a kind of wasting your money and it seems you are trying to bet by your luck, not on your skill and knowledge that you have and probably on that way you can apply the multi bet which is it seems you already accepted that either win or loss it will fine. But it is different on the single bet because when I have enough capital, I usually do this to bet bigger when I am sure and know of my bet that more percentage on the winning part.

Indeed but I have stopped doing that and currently I also able to stop the urge to gamble. As this year, I haven't gambled single cent but the total amount of what I have gambled before is not recoverable.

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Quote from: nakamura12 on February 17, 2022, 08:25:29 AM

Quote from: carlfebz2 on February 17, 2022, 05:55:34 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.

^ Betting on a game that you really don't know is a kind of wasting your money and it seems you are trying to bet by your luck, not on your skill and knowledge that you have and probably on that way you can apply the multi bet which is it seems you already accepted that either win or loss it will fine. But it is different on the single bet because when I have enough capital, I usually do this to bet bigger when I am sure and know of my bet that more percentage on the winning part.

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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.

I just had to smile on reading the highlighted part of your comments. Using the recent match between Real Madrid and PSG as an example, predicting a win in that match was a difficult task. Real Madrid has a reputation with some top players such as Mendy and Benzema, while PSG has players such as Messi, Mbappe, and others. You may strategically want a win for PSG or a draw, but who will believe Messi will miss that penalty? It would have been a different story if Mbappe hadn't scored the ball in the final minute.

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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.

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Multiple bets have their advantages and disadvantages, but if you are a person who knows sports well and has a good streak, it is best to evaluate that multiple bets is what you need to do to improve your performance and perhaps win more, unlike Personally I am not very good at multiple bets, I always usually bet 1 time and 1 bet and based on my knowledge I do it that way, in my country there is a typical saying that says: "He who covers a lot, squeezes little" and I believe that making a strong bet on a sport, with some knowledge of what is being done, is worth a lot, however I think that I admire those who make multiple bets because their capacity raises them to the maximum.

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Quote from: nakamura12 on February 17, 2022, 08:25:29 AM

Quote from: carlfebz2 on February 17, 2022, 05:55:34 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.

At the end of the day it is about what you enjoy, some people like dice but others will find it to be very repetitive, so if you are a fan of sports then sport betting is a good option to enhance your entertainment even more by making a bet on your favorite team.

However this thread is important because as in most casino games there are bets with a low casino edge while others which have a huge one, and it is important to be able to tell which is which, because in that way we can save some money and enjoy our hobby for longer periods of time.

dustboy

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

In addition, choosing a multi bet requires more funds than a single bet, so it depends on our funds. And behind that, there is luck to win on a single bet on multi bet.

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.

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Quote from: Boristhecat on February 16, 2022, 09:57:48 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.

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Quote from: fiulpro on February 11, 2022, 12:05:17 PM

For me multi bets are complicated since at the end you do need all the pieces in the right place. Considering bowling, you have to make sure to hit them all. But with single bets they are quite easy, you either win or you either loose. People are aware of these facts and they are also aware of the fact that they get more money if they win a multi bet than a single bet. I do think for experts multi bets are just another way of winning more than they bargained for, but for people who get anxious and cannot handle that much stress I do think single bet is still better than multi bets. Personally speaking, I would prefer a single bet, multi bets are more risky.

I also agree with your opinion, it can't be denied that if we play multi bets, if we win, it is certain that we will get more profits, but the risks we face are also very large, if you are ready to take risks, don't play multi bets, but if you're mentally ready, okay, but for a single bet, the risk level is very low, for now I also prefer a single bet..

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Quote from: jostorres on February 17, 2022, 01:56:02 AM

Quote from: pawanjain on February 16, 2022, 05:26:52 AM

It actually depends on the odds. Sometimes single bets are more profitable since they provide higher odds and returns.
But other times multibet might be more beneficial since we can cover a wide range of bets and generate cumulative net profits.
We just have to place our bets correctly and should have the skill to decide which bet is the better one for that particular game.

How much is the max odds in a single bet? But, that's only one but if you can combine each high odd bet into a multibet, I could say that multi bet still have a higher odds so the returns are also high although the chance to hit them all can be very slim. It also needs a massive luck not just the skill.

It is not the higher odds that can make you much profit but it was the lowest odds in my opinion because you can hit them easily. If you still think that what you win is small, then just do it again, bet and won until you reach your desired profit. If you want the process to become faster, you just need to increase your base bets a little more.

I have only bet on events where if we place a multi bet then only one of those bets are won and the rest turn into dust.
Hence multi bet provides lower returns but at the same time gives a higher chance of winning since we cover a wider range.
I think whether it be single bet or multi bet, both have their own advantages as well as disadvantages.

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Quote from: carlfebz2 on February 17, 2022, 05:55:34 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.

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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.

People who lack experience in choosing a team may find it difficult to select a team and we should not force ourselves to keep trying sports betting.

In addition, choosing a multi bet requires more funds than a single bet, so it depends on our funds. And behind that, there is luck to win on a single bet on multi bet.

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.

maydna

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Quote from: Lanatsa on February 16, 2022, 02:36:45 PM

Totally relying on pure luck I would say which we know that sports betting is a strategic based and if you don't put some efforts for you to make out some research then you couldn't really that maximize

that possible chance that you could really attain on having bigger chance of winning if you do make out some research.Of course it would really be needing up some effort for you to do so.

It is really hard to dealt up with sports betting if you aren't aware on a particular sports that's why its better to have these consideration first.

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.

People who lack experience in choosing a team may find it difficult to select a team and we should not force ourselves to keep trying sports betting.

In addition, choosing a multi bet requires more funds than a single bet, so it depends on our funds. And behind that, there is luck to win on a single bet on multi bet.

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Quote from: pawanjain on February 16, 2022, 05:26:52 AM

It actually depends on the odds. Sometimes single bets are more profitable since they provide higher odds and returns.
But other times multibet might be more beneficial since we can cover a wide range of bets and generate cumulative net profits.
We just have to place our bets correctly and should have the skill to decide which bet is the better one for that particular game.

How much is the max odds in a single bet? But, that's only one but if you can combine each high odd bet into a multibet, I could say that multi bet still have a higher odds so the returns are also high although the chance to hit them all can be very slim. It also needs a massive luck not just the skill.

It is not the higher odds that can make you much profit but it was the lowest odds in my opinion because you can hit them easily. If you still think that what you win is small, then just do it again, bet and won until you reach your desired profit. If you want the process to become faster, you just need to increase your base bets a little more.

Fundamentals Of

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Quote from: rahmad2nd on February 16, 2022, 09:21:35 PM

Sport betting with multiple bet not lucky last night after choosing two games of UEFA Champion League between Inter Milan vs Liverpool and Salzburg vs Bayern Munich, I win on first match between Inter Milan vs Liverpool because I bet for Liverpool winning but not lucky with match between Salzburg vs Bayern Munich because loss opportunity why Bayern failed to win, this happening when choosing multiple bet if you loss on one match all your betting counted loss although you have correct predicting on first match. But with multiple betting give bigger odds than you use single bet.

Of course because multiple betting is much riskier than single betting. With a single bet, you are only thinking of a single match. You only have to win one and get your money immediately. With multiple betting you have to win all the matches. That means every single match. You win 3 out of 4, 2 out of 1, 5 out of 6, etc you lose all.

But there are times when you feel like all your bets will win, like you are very sure or confident of them all. In times like that, I sometimes combine them as one in a multiple bet. But I limit them into less than 5 bets.

Topic: Why a single bet is better than a multi bet. - page 3. (Read 1100 times)