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Author Topic: Why a single bet is better than a multi bet.  (Read 1082 times)
pieppiep
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February 13, 2022, 02:12:24 PM
 #61

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.
If I often watch those leagues, maybe I will try to place the next bet, but unfortunately, I am not Grin
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.
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February 13, 2022, 03:20:12 PM
 #62

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 a single match because it is better, the risk of loss is low, but this has been because I lose multiple bets than single bets.
If I often watch those leagues, maybe I will try to place the next bet, but unfortunately, I am not Grin
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.
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February 13, 2022, 03:59:25 PM
 #63

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

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February 13, 2022, 04:57:37 PM
 #64

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.

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.

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February 13, 2022, 05:07:21 PM
 #65

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

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.

R


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February 13, 2022, 05:53:56 PM
 #66

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.

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February 13, 2022, 06:01:35 PM
 #67

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  Grin
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

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February 13, 2022, 08:51:52 PM
 #68

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  Grin
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.

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February 13, 2022, 09:04:04 PM
 #69

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.


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.

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February 13, 2022, 09:29:42 PM
 #70

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.

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February 13, 2022, 09:40:38 PM
 #71

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.

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February 13, 2022, 09:50:20 PM
 #72

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.

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February 13, 2022, 09:54:33 PM
 #73

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 Wink (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...  Cool

Thanks for a detailed explanation, it was understandable why multi-bets have a low chance while the winning odds of the house go down on single bets. I personally prefer placing single bets rather than wasting my money on huge multipliers, if it works for me then I will continue doing this method. Some crazy multipliers can hit as you can see on social media, last time Drake has won crazy multi on $500k CAD, this is the craziest one I have ever seen for 10x odds.

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February 13, 2022, 11:29:24 PM
 #74

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 Wink (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...  Cool

Thanks for a detailed explanation, it was understandable why multi-bets have a low chance while the winning odds of the house go down on single bets. I personally prefer placing single bets rather than wasting my money on huge multipliers, if it works for me then I will continue doing this method. Some crazy multipliers can hit as you can see on social media, last time Drake has won crazy multi on $500k CAD, this is the craziest one I have ever seen for 10x odds.

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?  Tongue
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February 14, 2022, 08:32:31 AM
 #75

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.
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.
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February 14, 2022, 10:35:54 AM
 #76

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?  Tongue
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.

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February 14, 2022, 11:05:07 AM
 #77

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.
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February 14, 2022, 11:22:54 AM
 #78

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.
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February 14, 2022, 07:59:53 PM
 #79

It just depends on how much risk you are willing to take as a player. There are players who prefer to bet around 1.30 odds so that they are favorites.
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.

I also know people who do that through a multibet, and then they take 5-6 games around 1.05 odds. You are then a strong favorite to win every match, but the problem is that you can't have anything wrong. It has its pros and cons. With a single bet you can focus on 1 game.
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.

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February 14, 2022, 08:04:27 PM
 #80

It just depends on how much risk you are willing to take as a player. There are players who prefer to bet around 1.30 odds so that they are favorites. I also know people who do that through a multibet, and then they take 5-6 games around 1.05 odds. You are then a strong favorite to win every match, but the problem is that you can't have anything wrong. It has its pros and cons. With a single bet you can focus on 1 game.

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.

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