Sports betting is very popular and it is an integral part of most of online casinos. In sport betting there are two basic bet types: Single and Multiply. But, what kind of bet is better and more profitable? What bet will bring more money, and which one is less risky. Here main bet types, their description, pros and cons.
Sports Betting: Single Bet
The bet on a certain outcome of one event. This bet is very popular among beginners, as it is very simple and understandable for everyone. But at the same time big players like Single bets, since the risk of losing this bet is less than Multiply. For example, you can see a single bet of 100 Euro for Manchester United (1.36). If Man. United will win, the return will be 100 * 1.36 = 136 Euro.
But to risk a sum of 100 Euros in order to win 36 Euros? Many players do not like this and from this emerges the main Single bet drawback, low winning level. Of course, you can place a Single bet with a higher odds, but the risk becomes higher too. Single bet can be more profitable if you make big bets, for example 1000 Euros, and at the same time the return will be 360 Euros. Many players consider sports betting as a way of earning, so the fans of high odds and high winnings should take a look at the Multiply bet.
Single bet pros:
- Bet simplicity;
- Better odds;
- Practically there are no limits for Single bets.
Single bet cons:
- Relatively low winnings;
- It is impossible to greatly exaggerate your bank in a short time with the help of ordinary rates.
Sports Betting: Multiply Bets
It is more complicated type of bet than the Single bet, but not essential. This is the bet on the outcome of two or more events. This type of bet mostly used to increase the odd, as a result, to increase the expected win.
The odd is increased by multiplying all the odds of events. For example, a Multiply bet of two events. Two maches, a bet on Manchester United (1.36) and a bet on Liverpool (1.36). The general odd is 1.36 * 1.36 = 1.84. The expected gain from 100 Euro bet will be 184 Euro.
The 84 Euros win is more attractive! But the Multiply bet will be winning only if all the outcomes pass, that is, Manchester United and Liverpool must to win. If one outcome is lost (MU or Liverpool lose or draw), then the Multiply bet will be lost.
Because of this, this type of bet is more risky than the Single. But sports betting is always risky, so if you are assured about the outcomes, then from 10 Euros you can make 100, and even 1000 Euro!
Attention! You can not make a Multiply bet on the outcomes of one event. For example: the multiply bet on Manchester United and the bet that in this match both teams to score. In this case, the bet will not be accepted.
Multiply bet pros:
- The opportunity to win a big sum of money. In this case, you can put quite a bit. You can put 20 euros on 8 events with a total odds of 1000 and win 20,000 euros.Theoretically this is possible!;
- Greater excitement and heat of passion than in the Single bet. If you risk 100 euros at the Single bet and if you win get 200, then of course there will be some excitement when watching the game, but this is incomparable with the Multiply bet, where the same 100 Euros can turn into several thousand.
Myltiply bet cons:
- Bigger bookmaker margin. .
- Higher risk.
- Multiply bet limits. In many bookmakers, you can place a Multiply bet only for the main outcomes, and almost everywhere there is a limeted maximum odds.
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