A multiple bet is a betting modality where you choose to predict the outcomes of several sports events in a single bet. All predictions must be correct to win the bet. The odds of each selection are multiplied, offering potentially significantly higher winnings compared to single bets.
How to place a multiple bet?
- Event Selection: Choose two or more sports events you wish to bet on. These events can belong to different sports or competitions.
- Prediction Selection: Make individual predictions for each selected event. You can choose different markets and types of predictions.
- Adding to the Multiple Bet Slip: Add each selection to your bet slip and choose the "Multiple" option. Sky247 automatically calculates the combined odds based on the selections made.
- Determination of Bet Value: Indicate the amount you wish to bet on your multiple bets. Sky247 will automatically display the potential return based on the combined odds.
- Bet Confirmation: After reviewing all the information, confirm the bet. Remember that all predictions must be correct to win the multiple bet.
Advantages of Multiple Bets
- High Potential Winnings: Multiplied odds can result in significantly higher winnings than single bets.
- Excitement and Variety: Combine predictions from different events for an exciting and diverse experience.
- Leveraging Favorites: If you have confidence in several favorite selections, the multiple bet is a way to maximize winnings.
Characteristics to consider before placing a multiple bet
- Research and Analysis: Conduct thorough research and analysis on each event included in the multiple bet. Consider factors such as team form, player injuries, past performances, and any other relevant information to make informed predictions.
- Odds and Probability: Assess the odds offered for each selection and evaluate the probability of each outcome. Remember that the combined odds of a multiple bet can quickly escalate, so it's crucial to ensure each selection offers value.
- Bankroll Management: Set a budget for your multiple bet and avoid wagering more than you can afford to lose. Multiple bets can be riskier due to the need for all predictions to be correct, so manage your bankroll accordingly.
- Diversification: Include a mix of events and markets in your multiple bet to spread risk. Avoid solely relying on favorites or including too many selections from the same sport or league.
- Understanding Variance: Recognize that multiple bets inherently involve higher variance compared to single bets. Be prepared for the possibility of losing the entire stake if any prediction is incorrect, even if the majority of selections win.
- Hedging Options: Consider hedging strategies to mitigate risk, such as cashing out early or placing additional bets to cover potential losses. These strategies can help protect your investment in case some predictions don't go as planned.
- Emotional Control: Avoid letting emotions influence your decision-making process. Stay rational and stick to your strategy, even if a particular outcome seems tempting or unlikely.
- Realistic Expectations: Have realistic expectations regarding the potential outcomes of your multiple bet. While the potential winnings can be significant, remember that winning such bets is challenging and requires a fair amount of luck.