How to: Should I Take A Single Or Multiple Bet?
After getting out of the beginner stages, every sports betting enthusiast starts to wonder which type of bet will be more profitable for them; single or multiple?
It's often difficult to choose between the two types because the temptation to win large sums of money on a multiple bet can be very tempting. It all boils down to your budget and which type of bets will suit your financial constraints. We're here to explain the pros, cons and differences.
Multiple bets offer the opportunity for big winnings from small stakes and they are therefore one of the most popular bets. Professionals, however, often warn against them. The key advantage of multiples over singles is the large returns that can be made from a relatively small stake. The odds of a bet become higher and higher, the more different betting events you include on your betting slip. If you back Manchester United, Chelsea and Arsenal all to get wins against Liverpool, Fulham and Tottenham respectively, you are in line to win a lot of money if they all get wins. The only problem with the multiple approach is that if you get one result wrong, your bet is lost.
Single Bets are pretty straightforward. If you place a stake on a single bet, you'll win the bet if the outcome of that single event is the one that you predicted. Single bets are less risky than multiples and as a result, they offer slightly lower odds and lower returns. They are the 'safer' bet for people interested in safer sports betting.
If you're the bold, risky type then multiples might offer the rush that you need and the prospect of big wins. Splitting multiples into single bets can be a more sensible move, though, if you back your knowledge of a certain team or event.
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