Why a single bet is better than a multi bet.

[madnessteat]

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.

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. 

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 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. 

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[Peanutswar]

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.

[ipanks]

snip

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.

[pawanjain]

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.

[coco23]

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 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

[ipanks]

snip

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.

[Wexnident]

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.

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).

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

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

[Boristhecat]

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.

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.

[maydna]

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).

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.

[Lanatsa]

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).

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.

[Woodie]

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.

[batang_bitcoin]

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.

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.

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.

Actually, if it looks profitable for multi bets, I don't think there is anything wrong with that, but with a note the risk involved is quite good there. But indeed, if we still want to be safe, single bets are the most appropriate thing to do because indeed the difference is only in risk, I think because the risk in single bets is relatively smaller when compared to multi.
For some bets, it's certain that I also made a single bet there, but for those that are still vague in my predictions, sometimes I'm in a multi bet.

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.

Of course, every action taken must have its own preferences and beliefs, on the other hand we are also ready when we lose completely there because the risk of multi bets is certainly very large, even 70% of them are definitely losses if we are not really careful in betting. .
Every bettor must be aware of this when they really want to do multi bets but as I said before the losses and profits of course will be very different when we do multi bets and single bets

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.

[rahmad2nd]

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.

[Fundamentals Of]

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.

[jostorres]

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.

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.

[maydna]

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.

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.

[carlfebz2]

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.

[nakamura12]

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.

[pawanjain]

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.

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.

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.

[ropyu1978]

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 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..