What is a Multiple in Betting?
If you walk into a bookmakers and select several different single wager selections, you will see an option to build a multiple from your picks. This may look advanced level betting stuff, but it is not and is very straightforward and easy to understand.
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What is a Multiple Bet?
You are grabbing the single bet selections that you want and putting them together to increase your returns should they all win.
The risk involved with accumulator bets is that if one of the selections in the combined stake loses then the whole thing loses. In your bet slip, you will be able to make your selections and then choose your permutations from them. The beauty of sitting there at your online bookmaker and doing all of this is that you can take your time and edit things until you get precisely the multiple bets that you want.
Multiple Bet Example
A multiple can be something as simple as a double, when you have two selections, for example, both at odds of 2/1 combined as a double. If you have a £5 stake on that, then you would effectively get odds of 8/1. This is because the winnings from the first bet (£15) would be put on the second bet, which returns £30. So, in total, you would get £45 returned to you, and £40 of that would be profit.
This means that it can just be two selections added together for a bigger payout should they both win. For instance, if you should put a double on Liverpool and Arsenal at odds of 2/9 and 2/5 respectively, and you staked £15 you will get potential winnings of £25.66. As opposed to putting £7.50 which would see you gain only £19.67 in returns, which means that there is extra profit to be had for multiple betting.
How does a Multiple Bet work each way?
This form of betting is massively popular with horse racing fans. Horse racing punters often misuse each way betting, or just seen as a lack of confidence in your selections winning the race, looking for a form of ‘bet insurance’. However, when applied logically and sensibly each way betting can be a great weapon with which to beat the bookmakers regularly and make steady profits.
In a 12-runner handicap, you place £10 each way at 8-1. If the horse wins, you receive back £90 in total for the win part and £30 back for the place. This would return a profit of £100 for your £20 stake.
Each way betting works as simply if is put within a multiple bet, with many punters often opting to use the Lucky 15 option when placing a wager on big festival meetings like Cheltenham. This allows the punter to include four horses into one bet, with one winner and three places often resulting in a good profit.
Advantages of making Multiple Bets
Multiple bets are the best way to score big wins through smalls bets. That’s the reason multiple bets are counted amongst the most popular types in football. These can include playing the favourites and putting them into multiple bets, or adding goalscorers from individual games or betting on the goal line.
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