It's no secret that I'm a big fan of multiples.
I'm talking about placing ‘multiple bets' at one time.
You see they also multiply your winnings too!
If you're a member of The Winning Streak you know all too well, I use them in nearly every bet I send.
But there is an art to using this strategy, and its one that I've cultivated over the last four years.
And today I want to share with you the advantages and disadvantages of multiples and how you can use them the next time you place your bet!
Let's get started…
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What is a multiple bet?
Have you ever heard of a parley?
What about an accumulator?
Regardless of the name these two are exactly the same thing…
They are the combination of two or more bets, and they can impact your bottom line tremendously.
A multiple bet simply multiplies the odds for each selection by each other in order to calculate the odds for the overall bet.
Don’t worry you won’t need to sit there with a calculator and do it yourself, the bookies have you covered.
So for example,
If we look at the upcoming UFC fights this weekend you will see this:
As you already know, your return is calculated by multiplying your stake by the odds.
For example, if we placed a R100 bet on Veronica Macedo (second from the top) your return will be calculated as follows:
R100 x 0.75 = R75.
This is known as a single bet.
But if you were to add another bet on top of the single, to form what’s known as a double.
Your odds would look like this:
A double bet on Veronica Macedo and Douglas Silva De Andrade would give you odds of 1.45.
To put this into perspective if you placed two single bets on each of them you’d have to risk R200 (R100 per bet) to only walk away with a measly R120!
That’s the power of multiple betting!
You’re risking R100 for a potential R145.
Makes sense to double up rather than risk more for less…
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The pros and cons of multiple betting
The main advantage to multiple betting is clear. However, it highlights the disadvantage to multiple bets the more legs in a bet the less probability you have of winning.
For example in a treble you have to have all three of your games win for the treble bet to pay-out.
To avoid this and minimise the over risk, I suggest that novice sports bettors stick to doubles, meaning no more than two selections per bet.
You’ll slowly but surely increase your overall bottom line while at the same time minimising the risk of randomness and bad luck.
And remember if you not ready to find the bet yourself, then simply sign up to my weekly betting service, you can try it risk-free for a month right here…. Test drive my bets now.
Until next time,
The Winning Streak Team