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Naturally, I will compare cases with approximately the same odds. Let's take Champions League matches and one Europa League match:

Sporting Lisbon - Manchester City FC  9.40 - 5.60 - 1.32

Paris Saint Germain - Real Madrid  2.07 - 3.70 - 3.50

Salzburg - Bayern Munich   8.80 - 6.00 - 1.32

Inter - Liverpool  3.40 - 3.60 - 2.14

Borussia Dortmund - Glasgow Rangers  1.37 - 5.40 - 8.00

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.

What is the bookmakers margin if we make a multibet on: City win 1.32, PSG win 2.07, Bayern win 1.32, Liverpool win 2.14, Borussia win 1.37 with a total odds of 1.32x2.07x1.32x2.14x1.37=10.57? Since this is a multibet, not only the odds are multiplied, but also the margin. For the selected five events, it will be (1.04)⁵=1,21

Thus, the bookmaker's advantage in this multi bet will be 21% That is why bookmakers give various bonuses for multibets, for example, Sportsbet gives 10% if you select 5 events. But even with this bonus, the bookmaker's advantage is much higher than that of a bet with almost the same odds (11% vs 4%).

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.

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.

I considered cases with approximately the same multipliers. This is the nuance that many do not know. Of course, this is not a secret, but I decided to show it with an example (the matches in the example have not yet been played and anyone can check everything on their own).
Before commenting, read more carefully, you wrote nonsense.

Some people are just very lucky with accumulation bet, but the numbers of time that will favor accumulation bets will be greatly reduce if comparing it with single match, betting single match is the best, but we all know that. The more you accumulate the more the bet will become riskier, even betting companies prefer people to accumulate so that they can lose very easily. K used to accumulate before and it ended bad and money losswas common, unlike now that I prefer just betting on a single match.

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.

For those who are really careful I think they will certainly do single bets but not for those who really risk everything in this case because indeed For multi bets themselves offer a bigger return but at the expense of increased risk because all that is needed is one choice lose for bets to return nothing. This is what really makes some people happy about this, but on the other hand things like this I still feel it depends on what we bet on but for the UCL match, especially Madrid against PSG, it is not even possible that many people will make multi bets.

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.

There is a difference between what you know and what you think you know and what the actual numbers (facts) are to prove your statement. OP has taken the time to make the calculations and he has posted actual examples to explain it.

#Boristhecat just ignore replies like this and thank you for taking the time to explain this. I have always thought that the bookmakers (house) has ran the numbers, but it is nice to see this.

You getting some merits for your efforts.  ;)

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  ;D
The aspect of single bet is people don't go often with it because the odd is small and they will need increase in stake for the potential to be substantial but the risk is still there no one is guaranteed.

The same logic applies to almost every type of game where there is some kind of house edge. Basically the less you play, the less you pay the house. The more you play the more the house makes money from you and your chances of winning decreases dramatically. The simpler the better it is for the player. Using complicated sequences and strategies don't make any sense.

Yes, for the most part you are completely right. But a little clarification: if you compare one $100 bet and 100 $1 bets with odds of 10, then the bookmaker's margin does not change. And here you can lengthen your game (make 100 bets instead of one) without hurting your chances. But if you make a multibet with the same odds, it will always be worse than a single (or 100 singles).

The OP went through the trouble of comparing a single bet and a multibet with similar odds to show us the difference in the house edge each bet has.

For example in the game of craps there are several instances in which the opposite happens, if you put some money on the pass bet with a house edge of 1.41% and it is successful then you can take the odds, which is a special side bet with zero house edge, so if you can at least bet as much as you did on the pass bet then the house edge is effectively halved, giving you one of the best possible bets you can get in any casino game.

It's not obvious to any new gambler and it's a good reminder. Most bookmakers make tiny margins on individual bets and make most of their money from multi-bets, which should tell you that the odds are certainly not in the favor of the player in that situation. People are very poor at judging mathematical odds once the calculations start getting complicated, especially the average person trying to calculate a 5 string set of wins - you can guarantee that most people placing a bet will only see the huge multiplier and think they're making a wise choice. The odds against you actually go up exponentially the more games you add but the payout doesn't change to match it.

The odds will always be in favour of the bookmaker. This is the idea behind gambling, But if one is intent on getting a win from sports betting, then OP's opinion on single bet is valid except that the win may be small at times. If you want a good win, you are going to have to stake a larger amount of money, the risk still exist as multibet as you may still loose it all. A peculiarity is that with multibets, you can stake small, get lucky & win big, but with single bet to win big, you must stake big.

Tell this man that single is better than multi! Just look at the killer shots, the man totally broke this multi ... it's a good bet, it's not a small amount to put this amount on this multi, but he did it!

Single is only safer ... and for us amateurs, it is much better in the long run than chasing multi (with higher or lower odds) where we are always screwed by at least one game, it has happened to me too many times, I guess it happened many times to many of us! Lately, I am more focused on singles and little profit, eventually, I have two games at one bet slip, but that is max, I don't push it like before!

Most of the time they would indeed not really care when it comes to calculations or knowing those margins in the first place because once they do see those big odds then that what matter most or they would be thinking

and as stated on op that even 4% is small to mind off but it would really make out some significant effect which you should really be mindful if you do really tend to maximize possible profits
then you would really minding about these details and its normal that bookmakers would really give out this since its business on the first place.

That gambler maybe is very very familiar with basketball, the reason why he was very confident to have multi-bets and betting a good amount of money. I know, most of us don't have the courage to play big in multi-bets. And I can understand that feeling because I am more on single bet also. But this scenario shows that there are gamblers that can be successful with multi-bets, depending on the sports they are into.

This all depends on the strategies you bet on. Multi bets are good if you want to combine something smaller odds and go safer to grow them into bigger ones. Also with some big odds in big multies you can make your own Jackpot o most and win really big. Single bets are good to grow your bankroll aswell.

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.

Actually I don't think Multibet is that bad because it does allow bettors to get more value from a series of outcomes rather than just taking low odds bets on a single outcome.
but indeed this is quite worth the risk because if we bet but only one that we bet does not enter then indeed we are the ones who lose but if it does enter of course the results will be better than those who make a single bet.
I personally still prefer single bets because the risk is less than double bets, but indeed there are some who really have to do double bets because we really can't be sure of the single bets made.
As for the advantages and disadvantages of course the bettors already understand this

Well, multi-bets do give you more chances to create opportunities to increase the profit you could gain. Bookmakers love it since they get more profit, but the same could be said if you want you yourself to make more, though I do agree that single bets are better in most cases. After all, multi-bets require all pieces to align, which is kind of difficult (or really difficult) if you're not into well, trying to study the matches deeply. I tend to do it rather simply, plus, single bets don't make me lose that much money compared to multi.

Very good topic, long time no see such here (with calculations). I think tomorrow i will look deeply into your calc and will do more proper post.

But from first impressions and my knowledge i can say that this doesn't matter too much, single bet or multibets. Of course, if you doing bets on different outcomes it will be much more complicated to win.

Great summary.

Multis are super favoured by bookmakers because it means that they have much more of an edge given the same amount of funds being gambled - and also they are more favoured to win every single time.

It's merely an illusion that you're more likely to win big. Your expected value is actually lower.

I am also of the same opinion as for me placing a single bet would yeild only win loss situation and don't have to determine the various factors while placing the multiple bet and then analysing which was right or say keeping an eye on all of them.Not sort of this who can manage to think about all scenarios and place bet according to them but only single bet is best for me.

I have never seen anyone to put so much money in a long list of a bet. Putting so much money even in a single bet needs a lot of confidence. The guy must know his game. Question is, did he win it? My highest in an 8 fold is £20 and it was a win. If I remember then it think I won somewhere around £800 to £900 LOL

Edit: My goodness! It was a win!!

Yeah, it does tend to pay out once in a while. That's what gets people hooked.

But mathematically speaking your EV is much lower when you do multibets as you are layering on further house advantages over and over. It's an illusion that you feel like you are getting better odds on your bet.

A lot of my friends do swear by parlays though. But when they pull up their P&Ls on their account they will inevitably in the deep red. It is a lot of entertainment, I'll give you that.

I think it is better a single bet as you minimize risk,so let's compare a single bet with a three games multi bet.You win your first bet of the multi bet and the next two games are further away in a few hours,you have won 33.3% of your bet but you have a risk of 66.6% of losing this bet if one of the game fails,even if you win the second game you have a risk of 33.3% losing the multi bet if your last game is lost.When you place a single bet it is 50-50 you either win or lose it but your chances are 50% and if you for example play a single bet as double chance you have 66.67% of winning probability,in the end is all based on probability.

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.

This is an important point of discussion, thank you for opening a topic!

When I participated in DirectBet competitions* (a few years ago ;) ) I was one of the few to place single bets and "don't try your luck"... because if you play for win and not just for waste your time, you have to take in account basic statistics.

I have tried to explain here in my personal topic about betting.

It's always easier catch one event and not more events in the same parlay/combo bets... it's like math!
Ok you win less, but in a certain point of view it's a safe win with less risks!
So I think, if you are not playing for the sake of victory, feeling the emotion of a big win, this is the only reasonable strategy to follow.

* 2° place in hall of fame  (https://bitcointalk.org/index.php?topic=1256522.0)

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.

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.

Well it's very obvious that a bettor stand a better chance of winning a bet with a single bet than multi bet however the rate of return of a single bet is usually very small compared to a multi bet I wouldn't want to risk a high stake on a single bet whose return doesn't worth it when I can only gamble with the amount of money I can afford to lose perhaps if the their is an upset in that game, however I can accumulate three to four sure bets and stake with small money, of course their is a chances of winning such a multi bet especially when three strong teams is playing weaker teams

It's better because you could put all your efforts in it to make sure that you won't lose, while it is the complete opposite of multi bets, because it's too hassle for me to analyze data for multiple bets. I'd rather bet big with big research included for assurance rather than randomly make multi bets. Also, multi betting doesn't assure you profits, sometimes it could go other way around.

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.

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

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.

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?

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!

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.

^ 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.

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.

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.

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.

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...!

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.

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.

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.

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.

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.

Which one is better between single bet or multi bet is about preferences. I do like both but I used to prefer multi bet as it is kinda challenging for me. With multi bet I can bet small with a chance to win nice profit, with a single bet I have to bet big to make a decent profit. Lets say I have $10 to bet, I'll prefer to make 5 different multi bet ($2 each) with odds at least 5x than make a single bet with odds 2.0 or lower.

I can't agree more with you here, it's exactly like you say! People are scared of taking the risk and trying something more, most of us look for a safer bet with higher win chances! It was a long time ago, the local casino had a promo, the highest payout parlay that wins get some money, and every week the winner parlay would be printed and posted in the casino... one week some guy won +2k euros with 10c bet! If I remember correctly he played 7-10 games! I still remember that cause I was watching and comparing his parlays with mine, almost everything was the opposite... he played on underdogs to win, combined with goals, I was watching and I couldn't believe what I see, but he won the money! So it's what I wrote, people should relax sometimes and try something wild, in the end, it's sport and it's not just that surprises are possible, they are happening all the time!

That's the calculation and I think it's just a calculation without having a definite result, right. Single bets with big odds of course have big risks and so does parlay bets, but in parlay bets we can look for only lower odds to get high odds and at least guarantee a little more certain results. Although indeed, sometimes a mediocre team can beat a superior team, but cases like that don't always happen every week. So yes, it takes a high mentality and has a large capital to make a single bet with high odds, because that's the same as we bet against the majority of course not all bettors do it.

A single bet will be preferable since I do not know much about specific sports games and only know little things. Usually, I place a bet because I know the team but will not place more bets, even if I know the other team because I can not see how big my chance to win is. Maybe some gamblers will want to use multi bet, especially if they know many teams and know the chance to win to place a multi bet. But it depends on the skills and knowledge of every gambler.

Is this true? Even if you are familiar with only Premiership and if you are a fan to only one club, you will still know other clubs that can win some matches. Probably you are not someone that gambles too much but even as at that, you will still know some clubs in top leagues like La Liga, Bundesliga, Seria A, and Liguee 1. I too I am not a fan of multiple bet, I prefer to only bet on single match because it is better, the risk of losing is low, but this has been because I lose multiple bets than single bets.

Maybe for a few gamblers, but I doubt most gamblers place parlays on the matches they're only familiar with. I also don't like parlays since it's brutal to see most of your tickets lose in the final leg then have that moment of regret because you got too greedy with a parlay instead of a single bet. I agree singles are better but the risk of losing isn't always low though as there are too many factors that affect the outcome of the match(injuries, form, weather, resting times, etc) to say it's low but they're significantly better than multis.

Indeed parlay bets are very often used among sportsbook gamblers, single bets are a mainstay for sports bettors, especially football, boxing, etc.
we can choose a team that wins two or more this is interesting, the pay is also high which is difficult to make sense of.

Of several types of Parlays bets that I often use the Round Robin & Teaser betting system.
Round Robin, common people know about trifecta, such as boxing etc, the team provided has a good chance for me to win in single bets the odds are also convincing.
Teaser, this is a system that I often use in soccer betting, maybe all of us here know about the Teaser system in single bets.

If I often watch those leagues, maybe I will try to place the next bet, but unfortunately, I am not ;D
The only thing I know is using a single match can prevent you from losing much money but you do not need to use big money in that single bet. Maybe others prefer multi bet because they know much about many leagues or events so they think they can handle the multi bet.

Those who know a lot about the leagues when it comes to gambling or Sportsbet are willing to take a huge risk since they trust their guts and instinct about the players' capability. Multibet and a huge amount for a single bet would never be a problem with them because they're familiar with leagues but those who are clueless about it wouldn't take the risks because there's a huge chance of losing.

It was that one time I was able to win a multi having 8 selections. Other than this I think I have lost so many bets (including multi) that if I try to find the profit and loss then the loss part will be massive. The frustration with multi you feel most of the time when you miss a long list by only one or two wrong selections. If I remember correctly then I lost a 20 selection for 1 wrong pick and another time it was a 15 selection for 1 wrong pick. The numbers (losing slip) for 7 to 8 selections are used to happened every week.

For the record I am not gambling from over 6 months or more now. I don't feel like gambling anymore to be honest.

At times parlays might be fun, but I would always use small betting amounts. You are better off playing larger amounts on games that you think you have a good grasp of an outcome that might for some reason be overvalued by the betting service provider. Parlays is mostly really just for giggles for me.

These days it is also important to wait until the very moment before you even place your singles as within one day Corona could literally destroy your bet if out of a sudden 3 or 4 players aren't allowed to play.

Congrats on staying away from it, many people grow out of it over time or begin to see the futility in it - casinos are not built on money paid out to winners after all. There is a company called "PaddyPower" that offers a promotion called "Beat The Drop" and they will give you a chance to win 250k if you can predict 20 results correctly. Even when I pick the clear favorites, it can be hard to progress past 3-4 wins on a row which just shows how difficult it can be to accurately predict a multi-leg outcome. For anyone doing betting long term, trying to make a return off of it, they would be much wiser to stick with single bets all the time if their picking skills are solid.

I think its all based in knowledge and the MOST important thing in this its: MANAGEMENT
Yes management, i know a lot of people do multibets without caring about nothing, they only put selections and gets multiplier. That its clearly bad, but if you know the markets and have good management i think they can be very profitable.
When i put a multi allways put a very low amount of money compared vs a single bet.
But if you are a majestic idiot and put the same amoun or a 50% of the amount you spend in a single bet obviusly you are going broke in a short time.

The truth is that; even if you decide to place half bets (which is impossible) you'll still loose to the casino if it wasn't meant to be a winning for you  ;D
The casinos made all those options because they knew you would think of something like that one day and since it's still to thier advantage,the added the option and you think it's safer ? No!
Alright, let's assume real betis is playing with Barcelona in this current form and you were given the option to stake one game and you took x2; is placing a single bet on this game a guarantee that this game is gonna deliver? Think well friend because many have been making alot of money with multiple betting so there's no difference

I also wonder in how far casinos pull their odds from a centralized provider or whether they all have their own algorithms? Anyway, there are at times chances where you can know better than the casino itself, but they ultimately will win, that's true. With multi-bet you simply raise the chance to fall for coincidences that have nothing to do with your pre-match analysis.

i guess, this kind of decision depends on the gambler himself. if he knows the sports very well and if he has the funds to place bet without worrying much esp in multi-bets. casinos have their edge because they have algo to determine which may possibly win in the match. and we don't know what factors are they considering here. however, they are not always right. just look at boxing matches last year and this year. a lot of boxers pulled off upsets and their odds are high because they are not considered the favourite of bookies. if you are not very sure with yourself, i don't think it would be smart to put high amount of money in multi-bets.

Well another interesting thing that tis no very related to the post but its part of the house strategies its allways have the sportsbetting and the casino close.
Let me explain this, i have a friend of me who have a lot of luck in sports bets but when he win he not withdraw he went to the casino page inside the same bookie and lost the majority of the wins.

I believe both single bet and multi bets are both profitable depending on the one you understand, I always tell people don't follow what other people are doing because it might not work for you. I personally prefer single bet because I believe it's kind of easy more than multiple bet, whenever I try multiple bet one or two teams always end up spoiling my game so that's why I prefer single bet. Am having friends which don't really understand single bet they prefer multi bet and they are always winning so just understand what works for you best.

People doesn't have an understanding about the single and multibet. Most of the time people doesn't know about it, but gives a try to experience it. Some find it lucky to make a win, whereas some doesn't. As said by the above user it is good to find the one that is good for you, than going with others suggestion. My personal choice is also single bet. When you go for multibet you need to be very sure on the odds that you've chosen to make a big win.

https://www.instagram.com/p/CZ0eY4fOFre/
well he know how to play because the bets/events are split and not placed in the same multiply ;) (totally 3 bets)
What I find more interesting is that he place these bets on Stake.com !
This is an endorsement for the crypto industry in a certain way...  8)

There's also one thread here dedicating about Drake's winning - https://bitcointalk.org/index.php?topic=5385546.0. And seeing from his own instagram account. That's real for sure. Free promotion for stake, I don't think stake paid for this. This is a very good one as he has 100+M followers and some of them maybe encourage to take a look at stake. Wonder how much he already lost on this casino?  :P

They will take a big risk because they already have a lot of experience in analyzing each team and know a lot about those teams so it will not make it difficult for them to choose a team that can beat the opponent. In addition, they will also select multi-bet because they have a lot of knowledge in selecting the right team.

In placing the bet amount, they have also considered it and if they are sure of what they choose, they will also use big bets. It depends on how much guts they have in betting and how confident they are in analyzing bets.

About Drake betting with $1.3 million is another topic on its own, it is entirely different from what we are discussing on this thread, anything related to that should totally be discussed there, this thread is about single bet versus accumulation bet. I understood that Drake's bet can be single match or not, but the amount used is too much. But let us just forcus on what this thread is all about while I have seen many people says single bet is better and less risky which was what I also went for.

Thank you for the detailed comparison of multi bets vs single bets. I haven't been using many multiple bets myself and never really thought about the edge of the bookmaker. The only time I use them is when they are free as part of a promotion from the bookmaker. My problem is that usually one leg of the bet is a loss, so I never made money from multi bets. That's probably why I try to stay away from then. Better to make 4-5 independent bets and get paid 3 times than losing all the money. For really experienced gamblers the multi bet might be an opportunity to make more profit, because you need less capital for the same payout. But for the average gambler I agree with you, it's best to stick to the single bets.

I also consider not using Multi bets, if I am not sure who's going to win, but yes it is a great thing to make a lot of money in just 1 game, but it is not advisable for new gamblers if they don't have any experience in betting at all, and not advisable aswell to bettors that usually don't have enough money to gain money in a multi-bet always takes precaution in using it, and I always prefer using single bets myself, but this kind of betting is surely not for everyone, but anyone can always try it if they are really familiar with the available games, but certainly I am only using it if I am comfortable with the given events or games.

I do that in some occasions but I don't experience being profitable in the long run. Imagine, with 1.30 odds, you need to win at least 3 games so you'll get a return of 90% of your bet, I think it's not easily if you look at the big picture.

Same with this kind of strategy, I also made an experiment on this strategy and it still disappoint me in the end, the best strategy that I'm still using until now is just the single bet.

From what was said at the beginning of the thread, the lower the odds the worse the multiplier is for you. If you're stringing together lots of 1.05 bets that are almost guaranteed to win, you're likely walking away with the equivalent of 1.03 instead and you would be better off placing all those bets individually. These parlay bets are magic money makers to sports books, which is why you'll often see special offers like "if one leg of your 4-5 multi-bet lets you down, you'll get a free bet instead" - which is still highly profitable to them that they can run the offer constantly. They also love them because it is hard to lay a bet directly against them most of the time which stops arbitrage.

I think all the odds below 1.6 if you dont know how to managed this its pure shit. so many times all my bets go blow for the favourites or the 1.4 odds , its better go for a 1.7+ and with good return and dont made so many bets with lower odds.
And the 1.0 or 1.1 odds are the worst of all. No return and for a good return you need to play so much and in the end GG.

I do single bets and I don't think I'm confident with multi bets. That's why I'm avoiding it and I'm sure that I'm better with the single bets.

There's nothing wrong doing that but it's all about the preference and experience that we've managed to gain. So, if you're too confident and you're doing better with multi bet, stick to it.

Some gamblers are really risking their chance in multi-bets because of its profitability.
However, most of us are not very comfortable in doing so because of high risk of losing your money.
Hence, this decision depends on the gambler himself. But some are confident because they are very familiar with the sports.
And maybe, that's why Drake, for example got his recent big winnings using multi-bets.

Understanding the odds is very important since this is not just a simple bet, and its better to have one bet compare to having a multi bet. The risk will be higher once you Multi bet, it may take you a lot of money once you got luck but expect worst if you didn’t win. The odds will tell you where to bet, ride with it.

If it's profitability to them, they should stay on it. That's like the rule for many gamblers, if they're winning on that particular strategy or game or type of betting, they should stay put there while they're being seen doing good from it. Some gamblers chooses to be dynamic and they would try almost everything that they can because they think that's good for them. Just so be it, if you're lucky and resulting very well in multibets, there's savor it while it last.

I know there's a lot of analysis already but I just want to add something since I consider myself a connoisseur of extreme singles haha.

1. Yes, the value is far, far higher in a single bet. Today, Real Madrid was as high as 4.40 on FortuneJack, and you can still get over 4.05 on Sportsbet with a Super Boost (they give out 2 or 3 a day on selected matched). You squeeze even more out on P2P markets -- I have Sporting Lisbon at 12.34 on Fairlay, it's about 10/1 elsewhere. So if you like playing underdogs, you squeeze out easily 10-20% value from one win.

2. You can get very good value with accas too, though, but only if you select price boosts or add in value from other promotions. FortuneJack has a regular 25% cashback on 4-legged accas, for example. I don't mind stringing together 4 legs over 2 or 3 weeks just for the 25% cashback, and I see very good value in this. Sportsbet has a running 5-leg boost+free insurance, it's pretty much 10% or more of a price boost PLUS the bet back if you lose one leg.

So in summary: in general I'd definitely say singles are better but only if the odds you get are significantly better than the mean. But promos on accas are not to be sniffed at.

What does accas mean? Abbreviation from the accumulated bets?
I don't have a Fortune Jack account, so I want to clarify - do they give cashback only on the occasion of a loss? It seems to me (although it’s probably worth making accurate calculations) that sportsbet conditions are better (bonus + boost + free insurance).

Sorry, yes, accumulator = acca = parlay = multibet. I'm not sure on the exact origins but my very first experience on sports was using UK books, they always used accumulator or acca for short. Then my first crypto books were North American and I noticed they used parlays. I think multi is a lot more popular these days but I actually only started seeing the term in the past few years. I could be wrong =) I probably still think "acca" or "parlay" a lot, but I suspect multi is a better term to avoid British and US ambiguations!

FJ does a regular "4+1" so you would need to bet 4 accas on UCL and the big leagues, NFL, NBA (to my memory) so that's all the big leagues covered anyway, and then you'd get a freebet back, based on the average amount of your past 4 accas. Essentially, a 25% cashback as a freebet, which is better than a lossback (which tends to be lower). Sorry for not being more descriptive. It's not active now but every season it comes by at least twice -- again, memory! Accas do need to have 1.3 min odds per leg, but that's easy.

Sportsbet does seem better yes, and every leg tacked on to the 5 gives you an additional boost... up to 100% boost on 10 legs maybe? But I think you lose out on the insurance advantage, and it has a 1.5 min odds per leg too, making your options a bit narrower.

Think of it as self-fulfilling in the sense that you have a higher chance of winning. For example, in the color game that is very popular in our country, I usually bet two colors rather than one because I have a higher chance of winning. However, based on the comparison, it is riskier and results in a larger loss because you are betting twice. It is the same with doubling your bet simply in the hopes of recovering your losses but ends up losing a lot. If you are betting, the best option for me is to use single bets because you will not lose your money in a short period of time.

Single bets increase your chances of winning, it's hard to argue with that, but at the same time it is important that the odds be around 2, because even when betting on single bets with odds of 1.1-1.2 it is difficult to be profitable. You correctly said that everyone has their own strategy and it is important to follow the rules that help you not to do stupid things. If there is no strategy and the player is constantly changing something, then there will be more and more losing bets.

Single bets are easier to win than multy bets (parlay) because you only need to make 1 correct guess to win the bet. While multi bet (parlay) is much more difficult because you have to guess everything right to win the bet and that is the reason why single bet is better than multi bet (parlay) based on probability. Both have different risks in terms of probabilities, but multy bet (parlay) can make you win more money if all your guesses are correct.

But if you ask me then I prefer single bet over parlay because I can't win a parlay for long for 4 different match and league every week.

Mighty paddy power! There was a time when I used to visit the outlets and online page all the time. It's before I was involved with crypto. Paddy Power, Coral etc were the best for offline and for online Paddy Power and Bet365 were best.

Well with a 20 fold accumulator you do not need a chance to win 250k you potential outcome will be more that the prize they have. I have seen slips to win with 20 or more selections but that's once in a million if not in billion times.

In single bet you have less house edge than any multi bet.

You are absolutely right. How many times I have not made parlay bets I have never been able to win. After that I prefer to use single bets only. Although an acquaintance of mine still makes parlay bets for small amounts and sometimes wins. I prefer to minimize the risks, so I only choose single bets.  

Yes, I also prefer single bets for a reason, because I'm lazy to find a lot of information about parlay betting for the purpose of making all the right choices, and it's really hard and always loses.
single bet is easier and only looks for two accurate information to determine the answer, although not always accurate but sometimes wins, depending on research to find the overall information.
It is better to win small but win more often, than to expect to win big but the chances of winning are very small and always lose.

One good resume can be. If you wanna win big money without having a big bank, go for multibets.
If you wanna win big money and have a BIG bank go for singles bets with a ton of knowledge.

And you need to know your psychology. Why? because for example i really struggled a lot to put a big ammount of money in one single Bet. Its a thing i cant do, also if i have a ton of insurance in the bet.

I do also suck on parlays on which either having 3-4 games consecutive on which the first 3 was win and the last was lost which is really that frustrating.Its true that people would most likely
be seeing on the odds offered which is really big whenever you do look at it but if you are really good on calculations and trying out to compare with single bets then you could really see the
differences and its true that single bets is much more interesting to me and not really that kind of stressful thing since you wouldnt really need to make out some multiple research.

It is true that for me, the probability of winning in single bet is higher than in multi-bets. However, if you are very confident with the sports you are betting in and you very well know the capability of the teams, your winning chance just increased. But I do agree, single bet definitely is less stressful as once it is over, you're done. But with multi-bets, your stress level shoots up in the last match, that is, if all the other bets were already won.  ;D

Both was an option and they have a different reason to do. Single bet was more like an all-in and a side with a luck but only if you do it right. Been betting multibets in the past but haven't got a luck since your bet was spread and it decreases considering you need to get the correct guesses on all in order to win huge.

I have to say you do not have to win every time neither. I mean the parlay one pays a lot better, if you do 4 different ones versus 4 in a parlay the amount of money you could win grows exponentially as well. This means you could have a bigger leeway to lose and then win once in a while as well.

So, assuming you could play single bets, you could end up losing money as well, not like you are going to end up with all wins. Assuming you have 10 bets, 9 of them wins and one of them losses, you will be in profit probably, and in parlay you will lose. But if you do this 10 times, and one parlay wins, then you are going to win even more than the single bets. That is why people prefer that one over single, well the ones that prefer it at least.

I'm a huge fan of the multi bet.  Especially if you closely follow a sport.  I feel like I can hit a 5 game parlay with much better than the odds presented based on how much information I consume regarding NBA basketball.  I frequently make tiny bets, and while most of them are in fact losers, I win with a much higher % than the odds I am given.  1 large parlay can make up for weeks of losses with a very small bet.  Everything to me is risk reward.  I don't want to take a risk to double my money, I want to take a risk to 50x my money.  If it's an educated risk, all the better. 

I understand that very well. It's hard to predict the outcome of 10 games and just one wrong prediction can lead to a loss, so the probability of losing increases significantly compared to single betting. In my opinion for parlay betting you have to be either a professional analyst or a lucky guy who always gets lucky. Unfortunately I don't have either of those. 

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.

So, it's better to make a single bet than a multi-bet, especially if we can't handle it well. Maybe we can try with 2 bets and see the results and if we can manage it well and predict both bets, it means we can try again in the next bet.

Maybe not many of us can handle multi-bets well because it requires more focus and research for each match before we choose the bet.

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.

I suppose this is a central point in this discussion here: In a multibet you can bet with smaller amounts of money and still get huge gains. The fee might be higher but you also leverage your money in a sense. So for the occasional bet with small money a multibet is very attractive. It is a different story if you want to place large bets, then fees become more important and often large bets are for a single event only

Exactly. At least, that is what we must do if we can not use more money because we are afraid of seeing the loss if we are still trying to place more bets.

Fortunately, I do not place the bet more often than playing regular gambling games because I do not know about sports betting more than other people so I consider it better to play the other gambling games.

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).

Multi bets simply give you more opportunities to net money from bets (and also lose more).

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.

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.

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.

Single bets are by far the best wagering options one can ever choose as these give you a high winning probability as compared to multis which give you low winning odds despite being more rewarding of the two...of course this is debatable in terms of growing capital but long term single bets are king.

Yep, odds is a matter when you're betting and if it's just on 1 point something. You know what you're expecting and that's not a lot when you win with that bet.

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.

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.

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.

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.

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.

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.

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..

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.

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.

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.

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.

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.

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.

^ 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.

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.

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.

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. :D

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.

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.

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.

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.

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.


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.

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.

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

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.

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.

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.

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.



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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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

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.

Patience is important in life  and also within what we want to bet. You can actually plan your betting as a business like you have calculated with &500 and to have a potential winning of $2000k that is about a good business but have you also calculated your possible losses?  This is important to know with business, while you estimate profit, you also take your concern for loses.

Yeah, that's what is likely to happen. When someone is frustrated, you're not thinking if you just did that out of your emotions. And that's why whatever you do, you gamble, you trade or you work.
Don't put your emotion at the top when you do any activity because that's going to make you unproductive and as well as you're in the possibility of failure. That is because you're not checking and thinking correctly but only relying and doing things due to emotion.

I don't think that's true though you don't need an unlimited amount of capital just to make multi-betting work as the minimum bets on most bookies are small enough that you can divide your deposit to hundreds of units. Thanks to their very small minimums you can always place an amount proportional to your bankroll so you don't take huge losses even if you're on a very long losing streak. I also avoid multi's unless I have a free bet but you can always go for multis even with a small bankroll.

Interesting, I use chase a lot (probably a lot of people do), but not in the context of martingaling -- which I use in the casino sense of the word, doubling down on a team of roughly 2/1 odds OR increasing a stake on the next bet depending on the odds, to ensure a profit. Chasing for me is strictly betting on ANY game almost immediately after a loss to cover unexpected losses. Luckily I do only the former now and not the latter...

I'm trying to think of local terms but they exist mainly for table games and not sports... as sports betting wasn't available locally in my time, except for simple Asian handicap (in which case you say "I take team A and give you one ball or half ball", and it's always for 2/1).

That's because they are literally gambling for fun, they enjoy when they are winning and just forget their losses, except for those who are really addicted in gambling. When you are serious with gambling, I mean like your aim is to make money, you should treat it like a business where you have like a financial statement, particularly the income and lose report.

I dont know but its kinda weird (for me) to resort on multi bets during frustrations kick in. I have been into a physical betting place several times before (not really a casino, but a place where you gamble), once I get frustrated for not being able to get enough win while I am diversifying my bet, I'd rather have one huge single bet to make. In that way, It's gonna be a win or a total lose situation, a kind of situation wherein you're already playing against your emotion like what you guys have mentioned.  So, If I win, I'll get the chance to pick my pace and begin with a calm way of placing bets, or If I lose I'll head straight home and face the fact how pissed and frustrated I am (happened to me many times).

Not many people can learn patience in many ways because they want to get satisfactory results. At the same time, they can see that the situation can turn in the opposite direction along the way, and they are not ready for it. If they can calculate everything, the pros and cons and risks, they can estimate what they can get, although it will not always be what they expect. At the very least, they can predict something, and if they don't think it's profitable, they'd better not go ahead with it. People are most often unprepared for something bad that could happen to them to suffer a loss. We must stay away from it by always preparing everything.

Going all in kind of behavior is something that is really not that recommendable because instead on trying out to prolong your gambling activity then you would just simply
cut it short on the time that you would lost it all on single bet.Yes, it is really just a common behavior to have because people are way too emotional and does have that
kind of reaction on where you do need to break even for you to get back on the pace that you do have earlier.

Doesnt assure profits neither on single bets too but the hassle thing when you do multi or parlays is that you would need to research up for more information because you are betting
on different teams or players which it would be time consuming if you do ask me and just like on what most people been doing here is that i do prefer on single betting because
you are just focusing on very small amount of information rather than with multiples although the winning or profit chance is small but at least you are bit sure on what you are
choosing.

You are absolutely right. The higher the risks you can take, the higher will be the winnings you can get if you correctly predict the outcome of several games.

I don't like increased risks so I choose single bets. With my knowledge of sports parlay betting is like a lottery where the chance of winning is negligible.

not just needed focusing but also more funds to risk, many of us are small bettors in which cannot afford multi bets .

Like me, i only make single bet at a time , though depend on what game because if this is roulette or baccarat then i tend to make at least 3-4 bets at a time for higher chances of gaining .

Indeed , in sports betting it is advisable to make single bet per game , not unless you are a fan of different sports that has same game time to happen.

Take opportunity on middle weeks have several football match from Champion League until several post ponned match will make fun and have bigger chance and better to play with multi bet or parlay. I have open my betting with several match and keep multi bet than single bet trough I play only 30$ on every bet history, I have three betting position and all keep use multi bet and I think looks have good chance when choosing with multi bet than single bet with higher return.

Its too hard to enjoy a game mostly the team we would like to support and of course we want to see if the team we would bet is doing good and not just wait for the outcome of the game. People do multiple bet if they think its a safe bet or already in favor with the team they would like. Mostly i do bet with an alternate game after first game next is the 3rd game i do bet so i can enjoy watching and earning profit at the same time.

I think they jump because they didn't expected to win or the win was too huge for them. They do realize their past losses but for them winning can rarely happen , that is why they are very happy but to treat gambling as business? I think that will only work if you are the owner and not the costumer because your chance of winning are lower than them.

Playing professionally or when someone sponsors you is the only way to earn stable income in gambling. If were are just a costumer we should only treat gambling for fun and it does not really matter if we will play a single bet or a multi bet because both of them are equally fun anyway.

Depends to the person's situation because we never know that gambling is one of their ways to relieve stress or frustrations from whatever reasons it is, in fact I do know someone who does gambling especially when they're in stress, they don't need to gamble bigtime because they are just doing it just to pass the time and to entertain themselves for a short time. But yes mate, you are certainly right about that and for someone who does gambling to make money then doing these activities while frustrated only increases your chance to lose. Emotions need to be controlled when gambling.

Sport betting for bigger fund they will take participating only with single bet than multiple bet, usually as multiple bet for gamble as little fund and get higher profit return with multiple betting. But I agree how ever much fund on gambling always patience and not become greedy usually as casino gambling they will keep betting without quit ever win or loss, when have win they will be greedy but when bad moment with loss try how to recovery until fund all gone.

One fact that has to be established in sports betting is that, there is a risk everywhere you turn, no where is safe and no bet is too sure. Though, there are cases for which the risk potential are higher than orders and that's where accumulated bets or multiple bets on a sinh6slip comes in.

Most times, we get so scared of high odds and get comfortable with the fact that, high odds are archiveable through the accumulation of several small odds, using small funds to hit a targeted jackpot. Yeah, it seems a nice idea but it's one that don't come without risk. Following the fact that, no bet is assuring. It can alway go sideways even with the smallest odd.

When it comes to single bets and accumulated bets, it's more about how much your willing to risk and how much possible return might you be comfortable with else, single bets are more promising.

For having bigger capital or bankroll doesnt always mean that they would making single bets with big amount into it which some would really be still that conservative when it comes to the amounts would be put up.

Some would still be considering multiple bets or on parlays with having those winning potential or odds which they do get easily hooked on which i couldnt blame them.
If they are really that aware or knowledgeable on certain sports then they would really be having this behavior.

It does matter and I think the post of the OP proves this point, even if you do not have a way to beat the house edge, the smaller the house edge that you face the better as this means that over the long term you will lose less money.

So if you only choose single bets then you will lose less money than with multi bets, and regardless of whether you play for fun or profits, choosing the bet with the smaller house edge and losing less money is always the best option.

^ It seems you are right, a single bet seems more profitable when it comes long term betting than the multi-bet.
Multi bet in terms of OP or known as a double bet is good when you are lucky enough if those bets are all luckily get a win but both sides are all failures, that is the time you will have a big loss. I like single bet, it seems you are having fun and I think in this way you are not looking greedy, it seems you put your bet for fun only not chasing the money.