Multiples Betting Explained
Multiple betting is a betting type that allows punters to place a series of bets on one betting slip. For the multiple bets to be successful, all the results must come in. If even one bet fails to come in then the multiple bets will have lost and you will have lost your stake.
The reason multiple betting is so popular is that it allows punters to get greater value from a series of results rather than just taking low odds bet on a single result. So what happens is that the odds are taken from each bet before then being recalculated along with the other bets on the multiple to create a new price which is essentially your multiples price.
A number of bets you can have a multiple are pretty much unlimited. The more bets you include the higher the odds are going to be, but also the less likely the bet will turn out to be a winner. Multiples can include as little as two different bets (double) and stretch to as many as 15 or even more. Three bets for your multiple are known as a treble, whilst four or more bets are known as an accumulator. Bets may also be known as folds; so 5 bets maybe known as a 5fold, 6 bets 6fold and so on.
How do Multiple Bets Work?
To give you a better understanding of multiple bets we will run through a quick working example.
First off let’s look at how the maths of multiple bets work. For each bet, a point is added to the odds. Our first bet is 3/1 and our second bet is 5/1. To work out our double simply add one point to each value and then times the two values. So we now get 4 (3/1 + 1 point) times 6 (5/1 +1) to equal 24, which is a 23/1 double.
If you are using decimals instead of fractions then simply times the two numbers together for a double. So a double of 2.00 and 4.00 would equal a multiple of 8.00 (2.00 x 4.00). Note: Decimals are a much simpler way to work out your accumulator bets.
When you are adding more than two bets simply times together the decimals off the odds. If we had a 5fold accumulator with bets of 3.40, 1.66, 2.10, 2.5 and 2.20 then after we multiply these numbers together we would get odds of 65.18.
Obviously, the odds of each individual bet will have an effect on the overall accumulator odds with the higher the odds the greater the accumulator bet will become.
Benefits of Multiple Betting
Multiple betting is a great way to increase the odds on a host of short-priced favorites for any market. You can mix and match sports, include games on different days and basically add short-priced favorites to bolster the overall payouts.
Sticking with pay-outs, multiple betting is probably the most lucrative type of betting. The paydays can be huge for very little outlay. Just from taking the 5fold above in our example, you will see that a bet of just 1 unit would yield a 65.18 unit return.
Disadvantages of Multiple Betting
Multiple betting is actually a very high risk, especially with the more bets you keep adding to the list. Only one of those bets needs to be unsuccessful for the whole of the multiple bets to be written off as lost. Many bettors get carried away with the possible big payday when actually it’s very hard to string together 4, 5 or more consecutive correct results.
Types of Multiple Bets
There are many types of multiple bets on offer from a host of bookmakers. Let’s look at some of the more common ones.
- Double – A multiple which consists of 2 different bets
- Treble – A multiple that consists of 3 different bets
- Accumulator – A multiple that consists of four or more bets. These may also be known as 4fold, 5fold, 6 fold etc depending on how many bets are in the accumulator.
- Trixie – A Trixie is a wager placed on three selections of four bets. These must include 3 doubles and a treble. To gain a pay-out from this bet two or more selections must be successful.
- Yankee – A Yankee is 11 bets but based on four separate selections. These must include 6 doubles, 4 trebles, and a 4fold accumulator. For a pay-out from a Yankee, you must get at least selections correct.