A Multiple Bet, often referred to as an accumulator or parlay, is a single wager that links together two or more individual wagers for a higher potential payout. Each of the bets within the multiple must win for the bet to be successful. The main advantage of a multiple bet is that potential profits are much higher than when placing individual wagers. However, the risk is also increased since a loss in any one of the individual bets results in the entire multiple bet being lost.
What are the different types of Multiple Bets?
Multiple Bets come in various forms, including:
- Doubles: Two individual bets combined.
- Trebles: Three individual bets combined.
- Accumulators: Four or more individual bets combined. The number can go higher, like five-fold, six-fold, etc., depending on how many bets are included.
How is the potential payout of a Multiple Bet calculated?
The potential payout is determined by multiplying the odds of each individual bet together. For example, if you placed a double bet with one bet at odds of 2/1 and another at 3/1, the potential payout odds would be 8/1.
Why are Multiple Bets popular among bettors?
The primary appeal is the potential for significantly higher returns, as the odds of individual bets are multiplied. While the risk is higher since all bets must win, the potential rewards can be much greater than placing individual wagers.
Can Multiple Bets include different sports or events?
Yes, bettors can combine wagers from different sports or events in a Multiple Bet. For example, a bettor could combine a soccer match result, a basketball point spread, and a tennis match winner all into one Multiple Bet.
What happens if one of the events in my Multiple Bet is canceled or postponed?
In most cases, if one event within a Multiple Bet is canceled or postponed, that particular leg of the bet is removed, and the Multiple Bet is adjusted accordingly. For instance, if one event in a treble is canceled, the bet becomes a double.