Multi bets vs single bets

[NeilLostBitCoin]

I'm just betting for entertainment and just placing bet on the team that I support and really like and so I just bet on the who would win or who would lose in short a single bet. I think by just betting it's risky already but placing multiple bets would increase the risk.

I do think twice before I bet for a particular team so I don't need to vote for any other team and also I have limited money access that's why I only bet one time. And those who bets for almost all the teams, they have a lot of money to spend with, well good for them but us who has a limited money ones is really enough. I also bet for entertainment purposes only.

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[Questat]

I'm just betting for entertainment and just placing bet on the team that I support and really like and so I just bet on the who would win or who would lose in short a single bet. I think by just betting it's risky already but placing multiple bets would increase the risk.

Once you bet you are already taking the risk, but we don't talk of risk here anymore but the chances of winning.

Single bet with odds 1.90, your chances of winning is 50/50 but parlay with multiple bets on it, the chances are low but normally the payout is good.

It's up to you to choose, sportsbook are always willing to accept your bet, whether single bet or multi bet, but they'll like more the multi bet as most of the time gamblers loses money on that, that's why in my part I don't put big bet on that.

[johhnyUA]

Personally, i prefer single betting. It's much more simple to predict it (first point)

Also, this is where math is rules everything:

For example, you have 3 event with 50 % chance each of needed outcome.

Single bet has a 50 % chance (which is enough good)

In the same time, multibet has a chance 0.5 * 0.5 * 0.5 which is 12 %. Because wee need to win first event AND second AND third to get our money.

But yeah, if we will success with our 12 % the reward will be also reward1 * reward2 * reward3. But man, there just 12 % chance!

[Joca97]

Personally, i prefer single betting. It's much more simple to predict it (first point)

Also, this is where math is rules everything:

For example, you have 3 event with 50 % chance each of needed outcome.

Single bet has a 50 % chance (which is enough good)

In the same time, multibet has a chance 0.5 * 0.5 * 0.5 which is 12 %. Because wee need to win first event AND second AND third to get our money.

But yeah, if we will success with our 12 % the reward will be also reward1 * reward2 * reward3. But man, there just 12 % chance!

It really depends on what you want to achive. If you want to win big like a jackpot or something you need to hit multiplier bets and get as many matches to win it all and win big! If you want stady winning matches singles match is the key,but with an avg odd of 1.75 at least

[Assface16678]

I'm just betting for entertainment and just placing bet on the team that I support and really like and so I just bet on the who would win or who would lose in short a single bet. I think by just betting it's risky already but placing multiple bets would increase the risk.

Depends on the situation still. If you are in control of the betting variables, you won't be scared to diversify your bets simply because you know how the 'game' works in the first place. Sports betting as an example; you are familiar with the teams and you know which teams would be worth betting. Team 1 got your first vote. But you know to yourself team 7 and 8 are also having chances to win. You would probably make multiple bets simply because it is not a gut feeling, but you are just analysing the capabilities of the teams. It would still generate risk indeed but in this sense, you will enjoy things because of interests. Losing is more certain in the first place, enjoying the activity will ease the pain somehow.

[CODE200]

~
So my question is whether you prefer multi bets to single bets and whether you find multi bets significantly more risky than single bets.

I voted 50/50 because I really can't favour one over the other. Usually, I like placing risky bets with high outcome odds, and you can do it two ways: you can place a single bet with, say, 6.93 outcome odds, or you can place 5 multibets with 1.34, 1,53, 1.63, 1.49, 1.41, and get approximately the same result regarding the odds. I think the probabilities of winning/losing in both cases are equal.

I would rather favor a single bet if they have the same odds on the parlay bet, I don't know about the probability but I'm more comfortable on a single bet than a small odds parlay as one mistake, everything is ruined, and less stress on my part as I only have to monitor one game.

It does make a sense. Probability in this case is being divided to losing more or earning more. Diversifying your bets could give you bigger profit but it can as well generate bigger loss due to the number of bets, especially if there is only one bet which would win. If you are not aiming for bigger profit, betting with limits of one, is enough. Both has risks as a bottomline. Either way is risky from one another it just depends on your habits of playing. You could still get huge losses if you are single betting but also "heavy" betting.

[Astvile]

I chose multi but I also do single bets just not as often I do multi bets. I just got used to it, there are times that I will just play 1 bet at a time and there are times that I will be doing 2 -5 bet slips at a time. Really depends on where am I betting. I see no difference in risk because both still have the chance for you to lose money.

[daarul50]

Personally, i prefer single betting. It's much more simple to predict it (first point)

Also, this is where math is rules everything:

For example, you have 3 event with 50 % chance each of needed outcome.

Single bet has a 50 % chance (which is enough good)

In the same time, multibet has a chance 0.5 * 0.5 * 0.5 which is 12 %. Because wee need to win first event AND second AND third to get our money.

But yeah, if we will success with our 12 % the reward will be also reward1 * reward2 * reward3. But man, there just 12 % chance!

Well can we fuck with math and just do it in multibet for the sake of luck?
Yes sometimes this is all about luck.
Mathematically a team with 1.2 odds will win for 80% but doesnt mean there is no way they will lose. Luck determined everything in gambling at the end.
I have once created 3 multi bet with odds over 50 and all of them won
That is the moment you are loving your multibet habit and hoping for luck is not that hurt.
It is even much more hurting  when you found your bet on 1.01 lost. Cry in blood.

[Janation]

I'm just betting for entertainment and just placing bet on the team that I support and really like and so I just bet on the who would win or who would lose in short a single bet. I think by just betting it's risky already but placing multiple bets would increase the risk.

I think in a different context it still depends right?

There are a lot of people that support a lot of teams or have a lot of team in mind that they could tell who would win ours not without analyzing since they have this deep knowledge of that certain sport or game. Let's say, he supports these teams and bet on them, he doesn't mind taking the risks since he will bet on them because he supports them.

[Chikito]

Currently on poll results:

It seems people do really prefer single bets than multi's which is understandable.

Single bet still most votes at the moment

Code:

Multi	- 3 (7.1%)
Single	- 27 (64.3%)
50/50	- 12 (28.6%)
Total Voters: 42

but, there are still less than who have posted in this thread (79 User).

I also voted on a single bet where I have experience with multiple bets when get winning and losing at the same time, I think it's wasting my time.

In my opinion, I have only 2 choices, win or lose.

[Serious475]

Currently on poll results:

It seems people do really prefer single bets than multi's which is understandable.

Single bet still most votes at the moment

Code:

Multi	- 3 (7.1%)
Single	- 27 (64.3%)
50/50	- 12 (28.6%)
Total Voters: 42

but, there are still less than who have posted in this thread (79 User).

I also voted on a single bet where I have experience with multiple bets when get winning and losing at the same time, I think it's wasting my time.

In my opinion, I have only 2 choices, win or lose.

There is a different advantages between single bet and multi bet. Focusing your money to bet on a single side can give you a big earnings if you win but have a small chance of winning but when you have multi bet you have a bigger chance of winning but you will only earn small. If you are gambler who can predict easily the game, why are you using multi bet but if you are not a pro gambler and don't know what to win then it is better to have multi bet.

[proTECH77]

Single bet is my favorite but since we enter pandemic it hard me to win as usual. The game is not too hard to win but since covid-19 came many has loss a lot of money on single bet. When the profit of multi bet is too high but the profit is a good profit if you can win. But many people don't like multi bet because of the high fees that attached to the bet. Single bet carry more population of Gambler than multi bet that every gambler is afraid to bet because of the high fees.

[LogitechMouse]

Single bets or multi bets, it doesn't matter because in the end it will come down to these 2 things
Win or Lose.

I don't think that betting on single or multi doesn't matter because what matters is your winnings but to answer the question, in terms of profit single bet is obvious to choose because putting it on one team that has a higher chance to win will give you more profit than diversifying it but the downside of that is it is more risky than multi betting since you are diversifying your bets so that if the one bet win and one losses then still you have some money left to use.

[freedomgo]

Single bets or multi bets, it doesn't matter because in the end it will come down to these 2 things
Win or Lose.

I don't think that betting on single or multi doesn't matter because what matters is your winnings but to answer the question, in terms of profit single bet is obvious to choose because putting it on one team that has a higher chance to win will give you more profit than diversifying it but the downside of that is it is more risky than multi betting since you are diversifying your bets so that if the one bet win and one losses then still you have some money left to use.

Diversifying is does not guarantee a win, it's purpose is to minimize the risk and actually it's more applicable when investing where we allocate a certain percentage on different coins to complete your 100% investment.

Here in crypto gambling, you minimize the risk by using the "bankroll management", you make your bankroll for long term that you only put a certain percentage every time you bet.

[michellee]

That is what our concern with any bets, whether it's multi or single bets. As you said, if you are willing to take that risk, we don't have to think much, even if, in the end, we are losing the money because we can accept anything that will happen. Besides accepting the risk, we need to know how much money we need to use for one bet, so if we lose the game, we can know how much we lose.

Why bets if you are not willing to take losses? When you gamble you are already like giving tha money you bet and there is nothing wrong about it because the money you used to bet could also be doubled. This is why there are advises that also are good to take like bet only using your money that you can affors to lose and never bet for more beyond your capacity that will compromise your daily life expenses.

That is because people don't think about taking losses. They only place their bets and want to enjoy the game. If they are losses, in the end, some of them will not think because lose and win will be part of the game. Using your money that you can be the best suggestion for all people who want to gamble.

Single bets or multi bets, it doesn't matter because in the end it will come down to these 2 things
Win or Lose.

I don't think that betting on single or multi doesn't matter because what matters is your winnings but to answer the question, in terms of profit single bet is obvious to choose because putting it on one team that has a higher chance to win will give you more profit than diversifying it but the downside of that is it is more risky than multi betting since you are diversifying your bets so that if the one bet win and one losses then still you have some money left to use.

I prefer to diversifying in an asset than diversifying in gambling
Because an asset can give me to make money, but in gambling, I feel it's hard for me to make money since I don't know much about sports betting. But multiple bets can work well if they can have valid data to select the team on each game. Maybe if people can collect many inputs from many sources and know which team to choose, they can use multi bets. But don't forget that you will have a bigger risk if you choose multi bets than if you choose a single bet.

[Shasha80]

It turns out that many choose a single bet, definitely because they are eyeing a big win. Though I love multi bet, because I believe multi bet
can increase our chances of winning. By betting on several matches, usually one of them will work. To reduce the risk, multi bet can stake with
less amount. Even though the profit I made from multi bet was smaller than the single bet. But for me playing multi bet is more interesting,
because it is more challenging.

[iamsheikhadil]

Personally, i prefer single betting. It's much more simple to predict it (first point)

Also, this is where math is rules everything:

For example, you have 3 event with 50 % chance each of needed outcome.

Single bet has a 50 % chance (which is enough good)

In the same time, multibet has a chance 0.5 * 0.5 * 0.5 which is 12 %. Because wee need to win first event AND second AND third to get our money.

But yeah, if we will success with our 12 % the reward will be also reward1 * reward2 * reward3. But man, there just 12 % chance!

Actually if you combine all the probabilities, the chances of winning is actually 50% and not 12% because if the whole event is taken into one account, chances are it will happen or not happen, which is 50-50.

Generally, speaking it has as much winning chance than a 50% win chance. Plus it's easier to make more amount on multiple single bets which I won't disagree. But, I have seen many people making huge money off multi-bets!

[stadus]

It turns out that many choose a single bet, definitely because they are eyeing a big win. Though I love multi bet, because I believe multi bet
can increase our chances of winning.

No, it's not like that, multi be in reality will lower your chances of winning compared to single bet, maybe big winning but you need to be lucky to do that.

By betting on several matches, usually one of them will work. To reduce the risk, multi bet can stake with
less amount. Even though the profit I made from multi bet was smaller than the single bet. But for me playing multi bet is more interesting,
because it is more challenging.

Huh? your statement seem to be different to what everyone are thinking and experiencing.

Multi bet results to bigger win due to high odds, single bet lower win due to lower odds, should work that way.
Unless you are betting $1000 for a single bet and 1$ for a multi bet.

[Betwrong]

Personally, i prefer single betting. It's much more simple to predict it (first point)

Also, this is where math is rules everything:

For example, you have 3 event with 50 % chance each of needed outcome.

Single bet has a 50 % chance (which is enough good)

In the same time, multibet has a chance 0.5 * 0.5 * 0.5 which is 12 %. Because wee need to win first event AND second AND third to get our money.

But yeah, if we will success with our 12 % the reward will be also reward1 * reward2 * reward3. But man, there just 12 % chance!

Actually if you combine all the probabilities, the chances of winning is actually 50% and not 12% because if the whole event is taken into one account, chances are it will happen or not happen, which is 50-50.

Generally, speaking it has as much winning chance than a 50% win chance. Plus it's easier to make more amount on multiple single bets which I won't disagree. But, I have seen many people making huge money off multi-bets!

You are wrong, please read something about probabilities.

@johhnyUA said it right, to obtain the probability of several events to occur(or, your several predictions to be true all together), you need to multiply the probabilities of each event.

[TedMosby]

In this case (betting on small odds), I prefer to combine my bet into 1 mixparlay.
Let say the highest odds you will bet is x1.1, you will need to win 10 matches before you can lose once.
Once you lose your bet, you need to recover it from a bunch of match again.

Also, I believe you will still check more information about the match, not pick it blindly.
It’s not a dice game where you can just click roll button.
Soccer bet is time and mind consuming 
Make it worth it.