What Is Multiples Betting? Pros and Cons of Multis

avatar

Lina Almans

08 May 2024

Comment 0

Multiple bets, commonly abbreviated as ‘multis’, are a form of wager that enables you to amalgamate 2 or more individual bets (legs) into a single, multi-bet.

Multiple Bet Explained

In the US, these are popularly known as parlays, while in the UK, they go by accumulators. Another term for them is combos, and in the context of horse racing, these bets are often referred to as all-up bets.

To win a multi bet, all individual selections must win. Just one miss, and the entire bet is lost.

The rule: all selection must be independent. This means each individual bet within a multi must be independent from the others; the result of one bet cannot influence the outcome of another.

If you try to connect multiple outcomes on the same event, the bet slip will automatically notify you and prevent you from proceeding.

For instance, betting on a team to win both the first half and the entire match in a multi bet isn’t allowed, as the outcomes are related. Each leg of the multi should stand alone to qualify.

Sportsbooks will give you bigger and bigger potential payouts for adding more games to your multi bet, because winning it gets more unlikely with the more selections you add.

Note: The maximum number of legs in a multi bet can differ between bookmakers. For example, Bet365 permits up to 12 legs, Pinnacle permits up to 10 legs.

Types of Multiple Bets

Note: The term ‘folds’ signifies the count of selections in the wager. A five-fold multi, for instance, encompasses five selections.

How to Build Multi: A Step-by-Step Guide

  1. Choose a sport and market: You’re free to bet on any sport (like football, basketball, tennis) and any market (match outcome, over/under, both teams to score, etc.).
  2. Merge a minimum of two distinct bets (legs): You’re allowed to include additional legs, but they must originate from separate events. Repeat the selection process for each match you wish to add.
  3. Finalize your bet and await the outcomes: Once your multi is placed, the results will determine your fate. All predictions must be spot-on to win.

How to Calculate a Multi Bet?

To calculate your potential multi bet earnings, you’ll need the betting odds, stake, and individual leg outcomes.

  • Stake: $10
  • Odds: 2.50 × 1.80 × 3.40 × 2.00 = 30.6
  • Potential payout: 30.60 × 10= $306

In this hypothetical scenario, since Chelsea didn’t secure a win, the multi is lost, and the payout is null. Conversely, if all selections were accurate, the payout would be a significant $306.00 from a mere $10 stake!

Pros and Cons of Multis


Pros

Cons

  • Boost Your Odds: Amplify a modest stake into a substantial win by multiplying the odds of several bets.

  • Diverse Betting Opportunities: Mix different sports and events to create a custom bet tailored to your predictions.

  • Higher Risk: One wrong selection can lose the entire bet.

  • Selection Restrictions: You cannot combine dependent outcomes within the same match.

FAQ

What is a multi?

A multi, also known as a “multiple bet”, is a type of wager that consolidates multiple single bets into one expansive bet.

How does a multi differ from a system bet?

A system bet is a type of wager that includes several combo bets of different sizes. Unlike a multi bet where all selections must be correct to win, a system bet allows for some leeway – you can still win if a minimum number of your combos are correct.

What are some other names for multiples?

Some of the common alternatives include: parlay (common in the US), accumulator (common in the UK), combo, or combination bet, and in horse racing, they’re often called all-up bets.