Betting Software (BSO)
Professional Bettor
- Joined
- Feb 15, 2022
- Messages
- 108
- Reaction score
- 5
- Points
- 18
Have you ever wondered what is a simple bet and a match or parlay bet?
Today Bettingsoftware.com will answer that question!
While a simple bet is a bet on the outcome of a single game, in a parlay bet you can make several different combinations! Of winners, of goals and even of corners.
To make a long story short:
Multi bets are several bets from different games on a single ticket and give us the possibility to multiply our winnings. The promise is too good. The only thing to be aware of is the fact that each time we multiply the odds, the chance of the bet winning becomes smaller.
Still, for those who like to bet recreationally, multi bets, which are also known as accumulating, accumulating or combination bets, can be a very attractive way to try to make a few bucks in sports betting.
In a multi, we choose several bets on different games and multiply the odds according to the choices.
For example, let's consider a multiple bet made with 2 selections, i.e. a double.
Double Bet
Notice that there are two very distinct games and that we could invest separately in each bet.
For this we will consider the value of $10. In a normal situation we would divide this $10 in 50% for each bet. Thus, we would have a possible profit of $3,90 for each $5 bet on Dortmund and another $3,45 for each $5 invested on Lazio.
Thus, the profit would be $7.35 for every $5 invested on each team.
But in the multi bet, the chances of profiting end up becoming much greater. With the same $10, we can earn $20.10, since in a parlay the odds are multiplied. This way it would look like this: 1.78 x 1.69 = 3.01, which is the final quotation of the multiple bet.
On the other hand, the odds are always lower as the odds increase. Unlike a single bet, which would be two separate bets - one on Dortmund and one on Lazio - the multi is a single bet.
So if one team loses, the entire bet is lost. In other words, for him to win the combined bet, all the selected bets must win on that ticket.
Let's now take the example of a parlay with 3 bets.
Triple Bet
Often, there are no limitations on the number of bets you choose to place on a multi bet. From two selections upwards, the bet is already considered a multiple and the odds will multiply with each new quote added to the betting ticket. At the same time the odds of the multiple hitting, i.e. winning, decrease.
Tips for Making Parlay Bets
To reduce the chances of losing, be cautious and conservative: the ideal is not to overdo the amount of multiples. Therefore, opt more often for doubles and triples, rather than combinations with more than 3 guesses, which will have less chance of winning.
Don't put too much money from your balance in multiple bets, for the sake of your bankroll management. You don't need to invest much in a multiple to have high gains, since the odds of the guesses are multiplied.
Another tip is to select markets with a higher possibility of winning, regardless of favoritism for one side or the other. Both Score and Yes or No goals, for example, have a 50% chance of winning, after all there are only 2 possible outcomes in the game. More than the 1x2 market, which has 3 possible outcomes at the end of the match (Team A wins, Team B wins or draws). The same happens with the Double Chance market, which means winning with 2 of the 3 possible outcomes of the game.
A valid suggestion for any type of bet: analyze the statistics and the retrospective of how the teams come into the game before making your guess.
Being well informed helps a lot to choose the right bet!
And another thing that also helps a lot is to open an account in the best betting software and bet on the best offers with no fees!
Regards and see you next time!
Today Bettingsoftware.com will answer that question!
While a simple bet is a bet on the outcome of a single game, in a parlay bet you can make several different combinations! Of winners, of goals and even of corners.
To make a long story short:
Multi bets are several bets from different games on a single ticket and give us the possibility to multiply our winnings. The promise is too good. The only thing to be aware of is the fact that each time we multiply the odds, the chance of the bet winning becomes smaller.
Still, for those who like to bet recreationally, multi bets, which are also known as accumulating, accumulating or combination bets, can be a very attractive way to try to make a few bucks in sports betting.
In a multi, we choose several bets on different games and multiply the odds according to the choices.
For example, let's consider a multiple bet made with 2 selections, i.e. a double.
Double Bet
Match | Bet | Odds |
Zenit x Borussia Dortmund | Dortmund to Win | 1.78 |
Lazio x Club Brugge | Lazio to Win | 1.96 |
| Parlay | 3.01 |
Notice that there are two very distinct games and that we could invest separately in each bet.
For this we will consider the value of $10. In a normal situation we would divide this $10 in 50% for each bet. Thus, we would have a possible profit of $3,90 for each $5 bet on Dortmund and another $3,45 for each $5 invested on Lazio.
Thus, the profit would be $7.35 for every $5 invested on each team.
But in the multi bet, the chances of profiting end up becoming much greater. With the same $10, we can earn $20.10, since in a parlay the odds are multiplied. This way it would look like this: 1.78 x 1.69 = 3.01, which is the final quotation of the multiple bet.
On the other hand, the odds are always lower as the odds increase. Unlike a single bet, which would be two separate bets - one on Dortmund and one on Lazio - the multi is a single bet.
So if one team loses, the entire bet is lost. In other words, for him to win the combined bet, all the selected bets must win on that ticket.
Let's now take the example of a parlay with 3 bets.
Triple Bet
Match | Bet | Odds |
Zenit x Borussia Dortmund | Dortmund to Win | 1.78 |
Lazio x Club Brugge | Lazio to Win | 1.96 |
PSG x Istambul Basaksehir | PSG to Win | 1.11 |
| Parlay | 3.45 |
Often, there are no limitations on the number of bets you choose to place on a multi bet. From two selections upwards, the bet is already considered a multiple and the odds will multiply with each new quote added to the betting ticket. At the same time the odds of the multiple hitting, i.e. winning, decrease.
Tips for Making Parlay Bets
To reduce the chances of losing, be cautious and conservative: the ideal is not to overdo the amount of multiples. Therefore, opt more often for doubles and triples, rather than combinations with more than 3 guesses, which will have less chance of winning.
Don't put too much money from your balance in multiple bets, for the sake of your bankroll management. You don't need to invest much in a multiple to have high gains, since the odds of the guesses are multiplied.
Another tip is to select markets with a higher possibility of winning, regardless of favoritism for one side or the other. Both Score and Yes or No goals, for example, have a 50% chance of winning, after all there are only 2 possible outcomes in the game. More than the 1x2 market, which has 3 possible outcomes at the end of the match (Team A wins, Team B wins or draws). The same happens with the Double Chance market, which means winning with 2 of the 3 possible outcomes of the game.
A valid suggestion for any type of bet: analyze the statistics and the retrospective of how the teams come into the game before making your guess.
Being well informed helps a lot to choose the right bet!
And another thing that also helps a lot is to open an account in the best betting software and bet on the best offers with no fees!
Regards and see you next time!