Today’s multibet @ 45.21

MatchPredictionOdds

Germany Bundesliga

Arminia Bielefeld vs Werder Bremen

AWAY

England League One

Oxford United vs Doncaster Rovers

UNDER 2.5

England Championship

Barnsley vs Derby County

HOME

France Ligue 1

Olympique Marseille vs Rennes

HOME

England Premier League

Leicester City vs Sheffield United

OVER 2.5

10 stake on this multibet returns 452.13

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What is a Multibet?

  • Wagertool – Multibet view This view is a betting interface that allows you to place several bets at the same time in different markets of the same event. There are 4 different multibet options, reflecting 4 different trading strategies: 2 for BACK bets (Dutching and Back the field) and another 2 for LAY bets (Bookmaking and Lay the Field).
  • Terms and conditions of the promotion. A valid Betway account is required to participate in this promotion. Multi Bet betslips with 6-10 selections must have odds of at least 1.5 per leg to qualify and Multi Bet betslips with 11+ selections must have odds of at least 1.3 per leg to qualify.

Excellent membership tips performance. Guaranteed profit winning. Join our membership team and be part of the winning team.: 3.06 odds won.: 3.62 odds won.: 3.19 odds loss. A multi bet combines a series of single bets into one wager, the odds multiply with each additional leg of the bet. Each time a leg is successful, the winning dividend from that leg is wagered on the next leg. The more legs added to a multi bet, the greater the risk and, the greater the reward. A multi bet can combine different types of bets; for example, a margin bet can be combined with a fixed odds bet. A Multibet, which is also referred to as an ‘Accumulator’ is a bet type where the bettor combines a number of single bets to form one bet, with the odds multiplying as each new leg is added. Multibets can combine different bet types among both sports and racing markets but one of the major disadvantages of a Multibet is that it is dependent.

A multibet allows a punter to combine a series of different types of bets into one big bet. They are sometimes referred to as all-up bets, parlays or accumulators, but they all offer punters potential winnings that are greater than if they bet on each selection individually.

This is because, in a multi bet, the odds multiply with each additional bet, known as a leg. The more legs in a multi bet the larger the stake. The pay put of each leg is worked out in the order of the leg finish, not the order that they bet was placed in.

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Each successful leg is a bet win and the pay out of the first leg is then used as the stake for the second leg, and so on until all legs have finished.

Multi bets work best for bets where there are only two opponents and where the game can only conclude in two or three ways – either one opponent wins, loses or they draw. As a result football, is an excellent sport for multi bets and it has become an iconic part of football culture in recent years.

During the season, there can be anything from 100 matches playing on the same day, in different countries and leagues around the world. A multi bet allows for bets to be placed in several different leagues, for added diversity and some of the games are easier to bet on (because the favourites often hold the upper hand and go away with the win).

Aside from football, other sports like basketball, ice-hockey and tennis are very popular for multi bets. The only caution is that your selection must be non- related. For instance, in a match involving Chelsea vs Manchester United, you cannot bet that a certain Chelsea player will score a goal for Chelsea as well as betting that Chelsea will win, as both these outcomes are related – if the player scores, Chelsea is more likely to win the match anyway.

Multi bets are very popular with beginners as the combined odd is drastically high, and so promises a good profit. However, they are a risky bet type given that you need to get all the selections correct in order to win. If one or more of the selected outcomes does not occur, or is bet incorrectly, the punter can automatically lose the entire bet. Unlike jackpots, there are no consolation prizes in a multi-bet – it is very much all or nothing.

Professional, or more experienced betters, will usually steer away from a multi bet option as it also limits them to just the one provider for all the bets. Experienced punters would want to shop around for the best odds for every game.

There are also risks to the bookmakers, who can end up making very large pay outs. Some bookmakers have restrictions on how many legs punters can include in the one multi bet to limit a very large pay out. Usually multi bets are curtailed at 15-legs, although some betting sites can go up to 20 or 25.

A couple of posts ago I wrote about a guy who won $42 thousand with Sportsbet. He did this by cashing out early on a MultiBet. Had he let the MultiBet play its course he would have lost the whole thing as the last two games ended in a draw. Even though I wrote that post I had so many questions about MultiBets that required an answer. What is a MultiBet? How exactly does a MultiBet work? Is it easy to place a MultiBet? More importantly are MultiBets worth the effort.

What you see on the right is the MultiBet I placed just after using my freebie ‘bonus bet’ from Sportsbet. You can see my first bet on the right. As to what is a MultiBet, that’s really not as hard as it sounds.

What Is A MultiBet?

Simply put a MultiBet is when you lump several of your single bets together. The reason for a MultiBet is to increase your odds. As you know the better the odds the more you stand to win. Let’s look at my bets on the right to see what I could’ve won.

  1. Essendon $1.42
  2. Greater Western Sydney $1.41
  3. Hawthorn $1.57
  4. Fremantle $1.60
  5. West Coast $1.45
  6. Adelaide Crows $1.26

By combining all those bets together I’ve now increased my odds to $9.19. I got that figure by multiplying each of the bets together. That’s 1.42 x 1.41 x 1.57 x 1.60 x 1.45 x 1.26 = $9.19. Had all bets won my $4 MultiBet would have netted me $36.75! The reason I only placed a $4 bet was to keep within my responsible gambling guidelines which is to not spend more than $10 per week on my sports bets, having already placed a dollar on each of those bets.

Even if I had placed $2 on each bet individually and they all won I would only have won $18. That’s why MultiBets are so much better.

The problem is if any one of the bets loses then you lose your MultiBet. That’s what makes being able to cash out on a MultiBet so popular. That’s why that guy was able to win $42 thousand instead of losing the lot.

Unfortunately for me I backed Essendon to beat Collingwood and they lost. Shit who would of thought that would happen? Because my first bet lost I didn’t have a chance to cash out. Oh well, shit happens right?

The good thing is it wasn’t a total loss because each of the winning bets still paid off so out of my $10 wager I still managed to win $4.46!

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Now that you know how a MultiBet works you probably want to know how easy it is to place a MultiBet online. I reckon I will leave that for the next post. Not only will I give you a step by step rundown on how to place a MultiBet I’ll also divulge why I’m thinking of doing more MultiBets in future,