Why a single bet is better than a multi bet.

[Wexnident]

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.

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[johhnyUA]

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.

[magneto]

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.

[worle1bm]

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.

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.

[BitcoinGirl.Club]

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!

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!!

[magneto]

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!

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.

[swogerino]

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.

[pieppiep]

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.

[bitbollo]

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.

10° Last but don't least.... Don't play too much events in one toto bet!
Yes! don't make "a long long list" in only one bet to pump up the prize.
@100 x 2 btc = 200 btc... with 1000 bet 0f 1.10......

The @100 is not only a happy number, "I can become rich" but it's a probability number, that your events will be set winning!

Trust me bookmaker want that you try to catch this high prize, because more match together implies more difficult (and I think with some numbers it's really impossible win).
A good friend (in the real life) use to bet from 6-10 bet every time like handicap, over 2,5 etc etc....

Him can get really the 90% of single match, but for only 1 every time him loose!
Why?!? Because if you play 6-10 single with strong quotes more @1.70 so far, you can protect your self for the "lucky bad of the last bet". There is also a psychological correlation, to see the prize get up, the vast majority of better, try to place the "surprise" or decide deliberately to point to more bet.

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

[dimonstration]

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.

[Oshosondy]

It depends on each person. I do not like multi-bet because I need to manage all of my bets and if I lose all bets, I will lose more money. Instead of losing more money, I prefer to use a single bet to monitor the sports carefully and see how big my chance to win and even if I lose, my losses will not be big. But that depends on how much money we will use to bet. Besides that, the multi-bet can put you in danger if you do not know what you pick because that can make you pick a random bet for the teams.

Maybe multi-bet works with people who realize the risks and manage all of their bets without a problem.

Some people like accumulation bet but it is riskier, some people have a maximum of like 3 accumulated bets, some can go for 2 maximum, these are still less risky to people going for over 10 to 30 matches accumulated bets. I remember when I bet on 30 accumulated matches, I lost three matches, it would have been better if I just went for three or less matches. Too much accumulation in a single bet is very risky and not recommended, but still going for like 2 to 3 matches is not a bad idea.

[gabbie2010]

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.

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.

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

[AicecreaME]

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.

[pieppiep]

It depends on each person. I do not like multi-bet because I need to manage all of my bets and if I lose all bets, I will lose more money. Instead of losing more money, I prefer to use a single bet to monitor the sports carefully and see how big my chance to win and even if I lose, my losses will not be big. But that depends on how much money we will use to bet. Besides that, the multi-bet can put you in danger if you do not know what you pick because that can make you pick a random bet for the teams.

Maybe multi-bet works with people who realize the risks and manage all of their bets without a problem.

Some people like accumulation bet but it is riskier, some people have a maximum of like 3 accumulated bets, some can go for 2 maximum, these are still less risky to people going for over 10 to 30 matches accumulated bets. I remember when I bet on 30 accumulated matches, I lost three matches, it would have been better if I just went for three or less matches. Too much accumulation in a single bet is very risky and not recommended, but still going for like 2 to 3 matches is not a bad idea.

You say what is right. But I can not imagine for those who bet over 10 to 30 matches because that can make them confusing to manage or watch the result one by one. But if he often bet on those accumulated matches, he will not feel difficulties because he can manage them correctly. Oh, if that is about accumulating matches, I think that will not be a problem because he only needs to know when every match will end to directly check the result and know if he wins or loses.

[Zilon]

This is not something new it's quite obvious that the odds of winning a multi bet are lower than a single bet,but the multiplier is higher and that's why people go for them.

Multiplier the greed factor. The multiplied odd is what makes the betting longer and make bettors wants to add more bets to their list not knowing we are also making the margin of the bookmakers bigger and also the chances of the bettors slimmer. But what is bet if it's not risky? Even placing a single bet could be risky as well and the odd smaller it's best to stick to the bigger risk so that if it eventually clicks then the malls could be shot down

[RealMalatesta]

Calculation wise, Multiple bet(Parlay) is pretty risky compared to a single bet but not all gamblers are playing Multiple bet just to have a higher win rate. Most them bet in parlay to try there luck and win a huge profit in one shot. Gamblers playing parlay only put small amount on there bet because its only just for fun bet. Personally I play parlay as an extra bet after I successfully placed a set of my single bets for the day. You really shoudn't play parlay if your goal is a consistent profit. It's case to case basis on how we use Multiple bets and Single bet in our gambling routine.

It is risky but the return or the profit that you could get is high. The win rate on multibet is low and if you want a higher win rate you should play single bet only but the disadvantage is you can earn lesser but at least you earn something right? That's better than going home nothing but we can adjust our bet and make it a little bit higher as that can also increase your profit.

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

[molsewid]

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.

[Johnyz]

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?

[Maslate]

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.

[iv4n]

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!