Why a single bet is better than a multi bet.

[buwaytress]

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.

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.

[dustboy]

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.

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.

[wxa7115]

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.

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.

[LUCKMCFLY]

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.

[uneng]

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.

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.

[Cookdata]

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.

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.

[DoublerHunter]

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.

^ 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.

[nakamura12]

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.

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.

^ 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.

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.

[coolcoinz]

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.

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.

[batang_bitcoin]

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.

I think when something like that happens, from the start they should immediately stop their activities both in gambling at the casino and for Sportbet because by doing so they will only waste money without faith and will only be filled with endless anger and ambition.
Even though gambling in some circles has become something that is taboo, but this is also of course done with awareness and when their ambition is more often mastered then it seems that gambling is not suitable for them.

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.

[adzino]

Betting multiple times simply decreases your chances of winning anything, but increases your bet multiply.
-snip-

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.

[Wexnident]

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.

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.

[JohnBitCo]

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.

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.

[Maestro75]

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 

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.

Indeed but I have stopped doing that and currently I also able to stop the urge to gamble.

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.

[molsewid]

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.

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.

[Slow death]

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

[maydna]

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.

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.

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.

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.

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.

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.

[Gozie51]

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,

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.

multiple bets are not for profit, they are like a lottery ticket but more evolved because we have the opportunity to analyze the games

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.

[Boristhecat]

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.

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.

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.

[TheGreatPython]

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.

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.