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Topic: Why a single bet is better than a multi bet. - page 7. (Read 1124 times)

legendary
Activity: 2058
Merit: 1166
February 13, 2022, 12:26:03 AM
#53
This reminds me of a multi-bet I made like 15 years ago or so. I played 10 soccer games with three-way outcomes. The last game was the first of the second league in Germany agains the last in the table. Guess what happened: the last one turned a game around even when they were 2 - 0 behind. With multi-bets there is so much unlock involved in regards to the overall outcomes. Look at Bayern Munich today, or Real Madrid, etc etc. One bad action by a favorite club can destroy the whole game. Let it be an unlucky red card after 7 minutes with the goalie leaving the field and the penalty against the favorite team then. That's also a major issue with these multi bets.
sr. member
Activity: 2520
Merit: 280
Hire Bitcointalk Camp. Manager @ r7promotions.com
February 13, 2022, 12:01:57 AM
#52
When it comes to mathematical calculations then probably single bet looks more profitable than multiple bets but you also have more probability of losing when go with single bet that is where managing the funds plays an important role. Apart from the sport betting single bet with all in is like a death dive so keep as low and as long as possible to have winning streak.
The same thing can be said for multiple bets but IMO you're more likely to get better results with single bets compared to multis.
We can't guarantee that we will win if we bet longer but more bets means mkre chances which is important for luck based games especially casino games which is what I am talking about. For sport betting it depends on how much analysis they made and how good they are at predicting the favorites.
legendary
Activity: 3374
Merit: 1922
Shuffle.com
February 12, 2022, 10:54:32 PM
#51
It's definitely better, aside from the juice if the matches you're betting on isn't scheduled to play at the same time you're better off rolling the bet one by one than making a parlay as it gives you the option to avoid the bet since not all bookies have the cashout option and even if they do you're still cashing out your money at a slight loss because from my experience they really juice you out when it comes to cashing out a bet.

When it comes to mathematical calculations then probably single bet looks more profitable than multiple bets but you also have more probability of losing when go with single bet that is where managing the funds plays an important role. Apart from the sport betting single bet with all in is like a death dive so keep as low and as long as possible to have winning streak.
The same thing can be said for multiple bets but IMO you're more likely to get better results with single bets compared to multis.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
February 12, 2022, 10:43:48 PM
#50
When it comes to mathematical calculations then probably single bet looks more profitable than multiple bets but you also have more probability of losing when go with single bet that is where managing the funds plays an important role. Apart from the sport betting single bet with all in is like a death dive so keep as low and as long as possible to have winning streak.
Going all-in will never recommend, even if you are sure the team can win from the opponent because how if in the middle of the match, the opponent can struggle and show good performance? That will be our loss to use all-in as we can not cancel our bet. The single bet seems safer for a gambler to stay away from complicated managing his bet. But placing in the next bet can temp him to place the second bet and so on. He can do that as long as he can be careful picking the right team.
sr. member
Activity: 2520
Merit: 280
Hire Bitcointalk Camp. Manager @ r7promotions.com
February 12, 2022, 10:28:50 PM
#49
When it comes to mathematical calculations then probably single bet looks more profitable than multiple bets but you also have more probability of losing when go with single bet that is where managing the funds plays an important role. Apart from the sport betting single bet with all in is like a death dive so keep as low and as long as possible to have winning streak.
hero member
Activity: 2814
Merit: 553
February 12, 2022, 06:55:40 PM
#48
Obviously, a single bet is better than a multi bet or what we called as a parlay, as you increase the leg of your parlay your chances will decrease. Others may not notice that because they are too focused on the reward, but in reality, parlay reduce the chance of winning, so I don't do it if I'm in a serious mode in betting.

Obviously, lower payouts have higher chances to pass, higher payouts are riskier, but also the reward is greater! I am not sure what "serious mode in betting" can be here, but some days are full of good games, and making a combo bet can be a good thing! Of course, I never place some high bets on parlays, it's usually some lower bet with higher payout! Sometimes it's interesting to chase higher odds, simply it's fun to make some wild predictions just to boost payout!

If I guess it correctly being in a serious mode means he'll put a huge single bet on a specific match lol.
I can relate to that before we when I used to bet in a sports bar where I was so frustrated because the teams I picked ends up always lossing.
Parlays are fun to with big cashout If you're lucky and good at picking teams, but I have to agree that single bet will lessen the risk of lossing than parlays or any other multi betting.
member
Activity: 840
Merit: 23
February 12, 2022, 05:32:54 PM
#47
I don't like multibetting. Had a few times where it backfired on me. For instance I had 3 out of 4 right and was almost sure the last bet and of course the team failed miserably and lost against all odds.
I prefer to take home a small win than get my hopes up having some right and then losing 1 bet and feeling like it was all for nothing.
Yeah, for sure... This is why the casino programmers made diverse options so you could choose which one sooths you; they don't eventually wanna force you to stake on what you don't want..if that's what you prefer, then that's you; another person will say that staking singles is a total wast of time and money cus you'll realize that you can even stake as much games as you want still with the same wager, so it's a bit complicated though, just do what you're comfortable with okay...!
legendary
Activity: 2604
Merit: 2353
February 12, 2022, 05:17:06 PM
#46
A single bet are much better than a multi-bet, because it can gives you a high chance of winning/making profit. Aside from that,it is the easiest strategy to make especially for those who dont have enough experience in betting.And also it has lower risk than multi-bet.The only disadvantage of single bet is that, it offers you low odds compared to other betting options..
No it has no lower risk than a parlay, if the juice is the same you will get exactly the same risk to lose or to win as a single bet with the same odds. Moreover if you find positive value in some bets, you will get more value at the end if you put them in an accumulator than if you place them separately as single bets.
full member
Activity: 1316
Merit: 126
February 12, 2022, 04:27:19 PM
#45
A single bet are much better than a multi-bet, because it can gives you a high chance of winning/making profit. Aside from that,it is the easiest strategy to make especially for those who dont have enough experience in betting.And also it has lower risk than multi-bet.The only disadvantage of single bet is that, it offers you low odds compared to other betting options..

legendary
Activity: 2604
Merit: 2353
February 12, 2022, 04:14:04 PM
#44
The bookmaker's margin for the first match is: 1/9.4 + 1/5.6 + 1/1.32 =~ 1,0425 - Approximately 4% and in the selected matches it is almost the same (somewhere a little more than 4% and somewhere a little less, but the little things can be neglected).

So, if we bet on the victory of Sporting with odds of 9.4, then on average (if it were an infinitely repeating event) we will lose 4% from each bet.
Could you explain me why you say we will lose 4% on each bet please? 1/9.4+1/5.6+1/1.32=104.25% then it means there is a 4% overall hedge on the sum of the 3 outcomes but not on each one. So it's 4.25%/3 for each outcome no? Real odds could be 9.6 - 5.8 - 1.38 for example.
member
Activity: 267
Merit: 11
February 12, 2022, 03:59:41 PM
#43
It look better but if you compared the rewards for the multiple odd you will see the reason why good numbers of people do go for the multiple odd as compared to single bet. Although, there is likely that one may lose but still that same possibility is equally applicable to single bet.
hero member
Activity: 2590
Merit: 644
February 12, 2022, 02:45:29 PM
#42
~snip~
Therefore, if you think that you can predict more accurately than the bookmaker, avoid multi bets - it is much easier to beat the bookmaker when it has a handicap of 4% than 11% and higher.
^ For those who wanted to try their luck and also have an eagerness when making a profit, a parlay strategy is the best for them or having a multi bet.
A single bet is very cool and relaxing, your mind and also stop worrying for the fast loss if ever. Because single bet has high chances of winning than the multi bet because this multi bet if we are in the dice game, sounds like you are turning on the automated bet which is most likely you can't easily beat the house edge, the same goes with the multi bet.
legendary
Activity: 3346
Merit: 3130
February 12, 2022, 11:30:02 AM
#41
A single bet has more chances to win than a parlay, that's true, but if we are chasing big multipliers is really hard to get them with a single bet because if we try a bet to win x10 that means the chance to win that is 1/10.

I think is better to place a parlay with 3 x3 than a single bet on x9. the odds are the same but as always it's about luck.
legendary
Activity: 3346
Merit: 1191
February 12, 2022, 10:02:29 AM
#40
Obviously, a single bet is better than a multi bet or what we called as a parlay, as you increase the leg of your parlay your chances will decrease. Others may not notice that because they are too focused on the reward, but in reality, parlay reduce the chance of winning, so I don't do it if I'm in a serious mode in betting.

Obviously, lower payouts have higher chances to pass, higher payouts are riskier, but also the reward is greater! I am not sure what "serious mode in betting" can be here, but some days are full of good games, and making a combo bet can be a good thing! Of course, I never place some high bets on parlays, it's usually some lower bet with higher payout! Sometimes it's interesting to chase higher odds, simply it's fun to make some wild predictions just to boost payout!
hero member
Activity: 2954
Merit: 672
Message @Hhampuz if you are looking for a CM!
February 12, 2022, 08:39:39 AM
#39
Obviously, a single bet is better than a multi bet or what we called as a parlay, as you increase the leg of your parlay your chances will decrease. Others may not notice that because they are too focused on the reward, but in reality, parlay reduce the chance of winning, so I don't do it if I'm in a serious mode in betting.
full member
Activity: 2086
Merit: 193
February 12, 2022, 08:11:30 AM
#38
I think this will always depend on every gambler since some still prefer to play on multi bet despite of the risk, so we can't tell to them what's best bet for him. I do bet on single and Multi bet as well, I see the intensity of my bet every time I place on multiple site and I think its works sometimes. Single bet is fine of course, it can preserve your capital and allows you to play longer but if you want to bet multiple times and you're ready for the risk, then why not?
hero member
Activity: 2170
Merit: 530
February 12, 2022, 07:54:55 AM
#37
It is risky but the return or the profit that you could get is high. The win rate on multibet is low and if you want a higher win rate you should play single bet only but the disadvantage is you can earn lesser but at least you earn something right? That's better than going home nothing but we can adjust our bet and make it a little bit higher as that can also increase your profit.

You only need to make sure that you can accept the results in case your bet was lost. If we have excess funds, that would be a good use to test our luck on multi bet. There are successful multibet winner before and they turn their dust balance into something valuable. There a chance if we keep on trying.

Either a gambler is a multiple bettor or a single bettor both always comes with the risk that he must undergo. This is where a risk tolerance of a gambler was measured. I haven't tried to join in a multiple bets because it's true that the win rate is low and that's also my money couldn't withstand for now so I always prefer a single bet instead. Single bet or multiple bet chances of winning and losing is the same it's just how we gonna deal with the end result is what matters most in the end.
legendary
Activity: 2380
Merit: 1150
February 12, 2022, 07:44:02 AM
#36
Calculation wise, Multiple bet(Parlay) is pretty risky compared to a single bet but not all gamblers are playing Multiple bet just to have a higher win rate. Most them bet in parlay to try there luck and win a huge profit in one shot. Gamblers playing parlay only put small amount on there bet because its only just for fun bet. Personally I play parlay as an extra bet after I successfully placed a set of my single bets for the day. You really shoudn't play parlay if your goal is a consistent profit. It's case to case basis on how we use Multiple bets and Single bet in our gambling routine.
It is risky but the return or the profit that you could get is high. The win rate on multibet is low and if you want a higher win rate you should play single bet only but the disadvantage is you can earn lesser but at least you earn something right? That's better than going home nothing but we can adjust our bet and make it a little bit higher as that can also increase your profit.

You only need to make sure that you can accept the results in case your bet was lost. If we have excess funds, that would be a good use to test our luck on multi bet. There are successful multibet winner before and they turn their dust balance into something valuable. There a chance if we keep on trying.
sr. member
Activity: 966
Merit: 421
Bitcoindata.science
February 12, 2022, 07:24:55 AM
#35
This is not something new it's quite obvious that the odds of winning a multi bet are lower than a single bet,but the multiplier is higher and that's why people go for them.

Multiplier the greed factor. The multiplied odd is what makes the betting longer and make bettors wants to add more bets to their list not knowing we are also making the margin of the bookmakers bigger and also the chances of the bettors slimmer. But what is bet if it's not risky? Even placing a single bet could be risky as well and the odd smaller it's best to stick to the bigger risk so that if it eventually clicks then the malls could be shot down
hero member
Activity: 1596
Merit: 502
February 12, 2022, 06:53:32 AM
#34
It depends on each person. I do not like multi-bet because I need to manage all of my bets and if I lose all bets, I will lose more money. Instead of losing more money, I prefer to use a single bet to monitor the sports carefully and see how big my chance to win and even if I lose, my losses will not be big. But that depends on how much money we will use to bet. Besides that, the multi-bet can put you in danger if you do not know what you pick because that can make you pick a random bet for the teams.

Maybe multi-bet works with people who realize the risks and manage all of their bets without a problem.
Some people like accumulation bet but it is riskier, some people have a maximum of like 3 accumulated bets, some can go for 2 maximum, these are still less risky to people going for over 10 to 30 matches accumulated bets. I remember when I bet on 30 accumulated matches, I lost three matches, it would have been better if I just went for three or less matches. Too much accumulation in a single bet is very risky and not recommended, but still going for like 2 to 3 matches is not a bad idea.
You say what is right. But I can not imagine for those who bet over 10 to 30 matches because that can make them confusing to manage or watch the result one by one. But if he often bet on those accumulated matches, he will not feel difficulties because he can manage them correctly. Oh, if that is about accumulating matches, I think that will not be a problem because he only needs to know when every match will end to directly check the result and know if he wins or loses.
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