What do you expect from online sports betting? Are you looking for added excitement while watching sports live? A bit of fun? Or perhaps small profits to afford an extra drink?
If none of the above fits your aspirations, and you're aiming for a substantial profit from a single bet, we suggest you consider the "Multiple bet."
Here, we explain what a multiple bet is, how it works, its various types, and more.
What is Multiple-Bet?
Multiple bets, also known as combo bets, involve placing a bet on more than one event.
Instead of betting on a single outcome, you're betting on multiple outcomes, with all selections needing to be correct for the bet to be a winner (unless otherwise specified). The potential return is calculated by multiplying the odds of each selection.
2 types of multiple bet
In the sports betting, there are two main types of multi-bets: Accumulators and Permutations.
Accumulator
An accumulator is a single bet that links together multiple individual wagers. All selections must win for the accumulator to pay out.
The potential returns increase as each selection's odds are multiplied together.
Permutations
Permutation betting involves placing multiple bets covering different combinations within a single bet.
Unlike accumulators, not all selections need to win, which gives bettors a higher chance of receiving a return.
Various Multiple-bets
Multi-bets, especially permutations, have different names based on the number of odds combined. Below are the names and brief explanations for each.
Double / Treble
Doulbe is a bet with two selections. Both must win for the bet to be successful.
Treble is a bet with three selections. All three must win for the bet to be successful.
"Double" and "Treble" are types of Accumulators, not Permutations. An Accumulator made with two odds is called a "Double", and one with three odds is called a "Treble".
When combining four odds, it's termed "4-holds", and with five odds, it's "5-holds". From there, only the number before "holds" changes as the number of odds increases.
All explanations following this will pertain to Permutations.
Trixie
Trixie comprises four bets: three doubles and one treble from three selections.
For example: Select odds A, B, C
You'll bet ABC, AB, AC, BC with same amount.
Patent
Patent contains seven bets: three singles, three doubles, and a treble from three selections.
For example: Select odds A, B, C
You'll bet A, B, C, ABC, AB, AC, BC with same amount.
Yankee
It consists of 11 bets: six doubles, four trebles, and a four-fold accumulator from four selections.
For example: Select odds A, B, C, D
You'll bet AB, AC, AD, BC, BD, CD, ABC, ABD, ACD, BCD, ABCD with same amount.
Lucky15
It has 15 bets: four singles, six doubles, four trebles, and a four-fold accumulator from four selections.
Canadian
Made up of 26 bets: 10 doubles, 10 trebles, five four-folds, and a five-fold accumulator from five selections.
Lucky31
Comprises 31 bets: five singles, 10 doubles, 10 trebles, five four-folds, and a five-fold accumulator from five selections.
Heinz
Contains 57 bets: 15 doubles, 20 trebles, 15 four-folds, six five-folds, and a six-fold accumulator from six selections.
Lucky63
Has 63 bets: six singles, 15 doubles, 20 trebles, 15 four-folds, six five-folds, and a six-fold accumulator from six selections.
Super Heinz
Consists of 120 bets: 21 doubles, 35 trebles, 35 four-folds, 21 five-folds, seven six-folds, and a seven-fold accumulator from seven selections.
Goliath
A massive combination of 247 bets: 28 doubles, 56 trebles, 70 four-folds, 56 five-folds, 28 six-folds, eight seven-folds, and an eight-fold accumulator from eight selections.
What different Multiple-bet and Bet-builder?
While both Multiple-bets and Bet-builder involve combining multiple selections, there's a fundamental difference.
Multiple-bets combine selections from different events into one bet, while Bet-builder lets you create a personalized bet within a single sporting event by combining various bet types (e.g., goals scored, corner kicks, and cards in a football match).
Final word
Multiple bets offer an enticing opportunity to achieve potentially massive returns from a relatively small stake.
However, as the number of selections increases, so does the risk.
Bet-builder, on the other hand, provides a more personalized betting experience within one event.
As always, it's crucial to understand the mechanics of each bet type, the associated risks, and to bet responsibly.
