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Richard Miller
Author:
Richard Miller
Last Updated:
November 3, 2020
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This author was thoroughly tested and approved by the experts at BettingBilly.com before joining the editorial board to ensure a high content quality.
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Richard was Marketing Manager at a global bookmaker and worked in the enterntainment sector for decades before working his way up in the world of entrepreneurs. His focus areas are mainly in the fields of sports and politics. He has a Science Degree, visited Harvard University and is now our hardworking Editor-in-Chief at BettingBilly.
Richard was Marketing Manager at a global bookmaker and worked in the enterntainment sector for decades before working his way up in the world of entrepreneurs. His focus areas are mainly in the fields of sports and politics. He has a Science Degree, visited Harvard University and is now our hardworking Editor-in-Chief at BettingBilly.

Multibet Explained in 2020

Do you want to spice up your sports gambling experience and try to win big payouts? Of course, you do! In that case, multibet is the right betting type for you. If you want to find out why our team of expert bettors will bring you multiple bets explained. Learn everything about basic multiple bet types, tips, and strategies, and become more profitable. Let's dip into it right now!

What is Multibet?

Multibet is the betting type that allows you to select more individual wagers and combine them as one bet. You can come across the terms like accumulator, parlay, combo, and they are synonyms for a multibet. To win a multiple bet, you need to win every leg. If just one of them loses, you cannot count of returns from this betting type.

Nowadays, the bookmakers allow you to add as many picks to your bet slip as you want. The more selections you make, the higher returns are going to be. However, with each pick added to your bet slip, you are increasing the risk of losing a multibet.

The popularity of parlays lies behind the fact that potential winnings can be much more lucrative in comparison to those from single bets. To calculate your potential returns, you should multiply all the odds from your picks with the stake you are about to put. Therefore, instead of placing three separate $10 wagers on the odds of +100, you can place a multibet and get the odds of +700.

A multiple bet can be the one made just from two selections, and it is called a double. Following the same pattern, three picks within a multibet are called a treble. There are lots of multibet varieties; some of them are quite straightforward, while the others are more advanced. You will have multiple bet options explained more thoroughly in the next chapter, so let's not waste too much time, and see what kinds of multibets you can make.

Types of Multibet

We have already mentioned doubles and trebles, which are the simplest varieties of a multibet. Usually, if you make four selections on the same bet slip, that wager is known as an accumulator. With each extra pick, you create a "fold" bet. All of those fall into straight multiples, meaning that all your selections need to win to count on returns.

If you want to get more multiple bet options, you can apply full cover with singles into your betting experience. This kind of wager is more advanced in comparison to straight multiples since you don't need to win all your picks to get profits. The most basic full cover with singles bet is a patent bet. It consists of three selections split into seven different bets: three singles, three doubles, and one treble. To win some money out of this bet, you need to win just one selection.

Full cover without singles in another form of a multibet. It is pretty similar to the previous variety, and the only difference is that it doesn't cover single wagers. A Trixie is the most straightforward full cover without singles wager, and it consists of three selections split into four bets: three doubles and a treble. To make it a success, you need two winner picks so that you can count on a payout.

Placing Multibet: Step-by-Step

Putting a multibet is not much different than wagering any other betting type. If you are about to place it for the first time, it might sound a bit more complicated since you need to make more than one pick. However, just follow these steps, and you will make a multibet within just a few clicks.

Steps Box Background
  1. Find an online sportsbook: You don't need to worry about if a bookmaker will accept your multibet since all of them have this betting type available. Check what are the best betting sites on the market and pick one that suits you the most.
  2. Sign up for an online account: You need to register an online account at your bookmaker's website to continue to the next step. Don't worry, you just need to provide the required information, and that's it. Make a deposit and start thinking about your picks.
  3. Make a bet slip: Navigate to games you want to wager on, and just click on the odds. The selection will come to your bet slip, and you can add as many picks as you want.
  4. Place a bet: All you need to do at this point is entering the stake and hitting the Place Bet button. There you go!
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Usual sports for placing Multibet

Multiple bet options are so flexible that you can apply this betting type to any kind of sport. Also, you are not restricted from making your multibet on just one sport, and you can mix them as long as you wish. Sports that offer a vast number of markets are the most popular ones for placing this kind of wager.

Soccer and football are famous for parlay bets. You can find hundreds of markets for any Premier League, Champions League, or NFL game that you can add to your bet slip. Of course, basketball, hockey, and baseball are also very suitable for these wagers. You may not have such a broad choice of options for NBA, NHL, or MLB games, but still, there are lots of interesting ones.

Individual sports such as tennis or racing sports can bring good value to your multiple bets. You don't need to focus just on one sport, and you can be creative with your multibets.

Examples for Multibet

To bring you betting on multiples explained in more depth, let's see how these wagers work in practice. We have mentioned that all your selections need to win for getting returns from a straight multiple. But, let's go through other examples that include advanced multiple bet types.

Winning example of Multibet

Remember the patent bet? It consists of three selections, so let's assume you created one as follows.

GamePickOddsResultOutcome
Lakers vs. ClippersOver 225.5 points-118124:111Win
Flyers vs. BruinsOver 4.5 goals-2200:2Lose
Federer vs. DjokovicDjokovic to win-1052:3Win

Since the patent bet is built from three singles, three doubles, and a treble, you can count on some returns in this case. You win three bets: two singles, and one double. Your staked amount is divided by seven (total number of all bets) and then multiplied with the odds from winning selections. Although profit might not be so lucrative, at least you didn't lose all your stake.

Losing example of Multibet

You've made another multibet, this time it's a Trixie. It means that singles won't count as winner wagers, so it consists of three doubles and a treble.

GamePickOddsResultOutcome
Lakers vs. ClippersOver 225.5 points-118124:111Win
Flyers vs. BruinsOver 4.5 goals-2200:2Lose
Cowboys vs. SteelersCowboys to win+14514:23Lose

You managed to land only one winner pick, while you need at least two correct selections to count on returns from this bet. Your Trixie bet loses, and you miss a payout.

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Multibet for beginners: How to bet

You had the chance to see that placing multiple bets goes smoothly, but the same doesn't apply to win profits from them. Although betting on multiples brings a high level of risk, several tips and tricks can increase your chances of getting benefits from this betting type.

  1. Focus on teams, not the odds: making a combo wager might get you carried away and focused only on maths. However, don't let numbers take control of your picks, and spend more time on analyzing the contestants of the game.
  2. Don't back short odds all the time: Putting only short-priced teams on your bet slip won't lower the risk too much. Even the hottest favorites can be stunned quite ofter. Look for a value, and not for the favorites.
  3. Keep the selections down: With each selection added to your bet slip, your chances of winning are getting decreased. Avoid putting more picks just to boost your potential returns.
  4. Take advantage of multiple bonuses: Many bookmakers offer increased odds or multiple bet insurance, which can boost your payout, or get you back the stake in case you lose just one pick.
  5. Search for professional tips: It can be very time-consuming to analyze all picks that you want to wager on. However, there is a solution. Just sign up to Billy's List for free, and you will be able to find lots of expert tips.

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Multibet for professionals: How to bet

Since betting is very unpredictable, professional bettors tend to set up different strategies to increase their chances of winning. We are going to present to you a few of them that can improve your wagering experience, and help you become successful in the long term.

One way of minimizing the risk is by making one wrong selection. It might seem contradictory to you since the purpose of betting is to win all picks. However, the principle behind this approach is that the probability of losing multibet increases with each selection. If you can predict which one might let you down, try with the opposite of what you first thought to wager.

With the increased popularity of live betting, you can take advantage of it and create live multiple bets. You can watch the games and wager on them at the same time, and that increases your chances of getting a payout. You can see at any moment what happens in the game and accordingly set your picks. Instead of wagering each live bet separately, you can create a multibet for the games that are being played at the same time. Alternative betting markets can bring you excellent value, and you should try to capitalize on them.

Multibet: Try it now at one of the top 5 betting sites

You have learned everything you needed to know about multiple bets and their types. With multiple bets options explained, you should go straight to your sportsbook's website. Load some money to your account, and make your selections. If they turn out to be a success, you can hit big profits!

 
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Conclusion: You can hit big profits
Multiple is one of the most popular betting types in sports gambling. They can bring you more lucrative profits than other kinds of wagers, and bettors are always hoping to get generous payouts. Multiple bets can be extremely exciting and fun, as you can combine events from different sports. Get down to the analysis of your picks and make huge winnings by applying tips from this guide!
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