Ever since the ban on sports betting was overturned by the Supreme Court in 2018, millions of Americans have started placing weekly wagers on their favorite teams.
They’ve been able to put their money where their mouth is when it comes to supporting their teams and trash-talking their friends. And it makes watching a sports match so much more fun and engaging.
But novice bettors often limit their wagers to just one game. They believe they can only place sports bets on one match at a time; the one they are watching.
But that isn’t the case with modern sports betting platforms. If you want to place wagers on every game taking place this week, then keep reading below to see how to do that.
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Limits on Betting
It’s important to note that there are many different kinds of bets in the sports world. But most people only think of one type; money-line bets.
These are the most common, and it’s what most casual bettors stick with, as they are the simplest to understand. Money-line bets are when you bet on which team you think will win the match. It’s quite simple.
When you read betting odds, you’ll see one team is favored to win and one is likely to lose, either by a wide or slim margin. You can check a site like Bookmakersreview.com to see all the upcoming odds for a particular sport.
When placing a bet with a bookie or your sports betting app of choice, you can choose just one team to bet on. Place the bet, watch the game, and receive your winnings automatically, if applicable.
But you don’t just have to place one bet. If there are a number of exciting bets taking place on the same day, you are free to bet on as many of them as you like.
You can go into your app and bet on each match individually. That way, you win or lose depending on the outcome of each match. But there’s another fun way of betting on numerous matches.
Bet on More Than One Sports Match Simultaneously
Some people feel like betting on the outcome of a single sports match is too easy, or too boring. Some people want to consider the outcome of every game and want the chance to win an outsized return.
So they try something called a multi bet, or a “multiple.”
A multiple is a bet where you wager on the outcome of numerous matches all at once. It’s one bet that you place, rather than separate bets on separate matches.
You can choose the number of matches you want to bet on, from two to four, or as many as you’d like.
And you can choose matches that are all happening at the same time, or matches taking place over a longer period of time.
Matches taking place at the same time are simpler. Your wager is divided up between the various matches, and you’re paid out winnings according to the individual results. This just saves you time so that you don’t have to create multiple betting slips.
But things get a bit more exciting when betting on games happening over a longer timeframe.
Long Multi Bets
With a longer bet, any winnings you receive during one game are rolled into your wager of the next game, and so on. This has the potential to multiply your odds and potential winnings as the bet moves forward.
The more games you add to the multiple, the more your potential winnings will increase. And the smaller your initial deposit needs to be to see some good-sized returns.
In some cases, you need to wager correctly on every match to win. But in other cases, you don’t have to be perfectly correct in order to take home some winnings.
So why should you use a multiple rather than bet on numerous singles matches? Because the odds are multiplied.
If you bet on a treble (a group of three matches), your winnings will be much greater than if you placed three wagers on three singles matches. Because those matches aren’t tied together in one bet, there’s no multiple to increase your winnings, though it does come with less risk.
How Odds are Multiplied
Multiples are hard to explain, which is why most new bettors don’t bother. But if you take the time to understand how they work, you can take your passion for betting and multiply your potential for winnings. Let’s take a look at how the odds increase when placing a multiple.
Say you are interested in betting on two soccer matches: Manchester United vs Southampton and Manchester City vs Brighton.
Say the odds are 5/1 Southampton, and 6/1 Brighton. These teams are expected to lose, hence the high potential payout. If you placed two single bets of $1 each, you would win $11.
Your $1 on Southampton would yield $5 and your $1 on Brighton would yield $6.
But say you placed a double bet instead on the same results. The odds are then bundled together. The winnings accumulate.
Accumulation (or Acca)
So if during the first match, Southampton upsets Manchester United, you’ll win that $5. Those winnings (and your original $1 bet) are then rolled into your bet for the next game.
So instead of betting $1 on Brighton, you’ve just added $6 to your wager, making it $7. If Brighton manages the win, your $7 wager is multiplied by the odds (6) for a total yield of $42.
So which would you rather have after successfully betting on the results of two matches: $11 or $42? Now if you place larger bets, such as $10 or even $100, your potential winnings become a whole lot larger.
But this strategy is popular, even among those who don’t wager a lot of money. As you can see, you can stand to win a lot of money on really small bets ($42 from $2).
And if you add more games into a multiple bet, it can multiply fast.
Choose Your Betting Style
So what sounds more fun, betting on a single sports match, or betting on numerous and increasing your potential for higher payouts? Sports betting is full of options and this just scratches the surface of different ways to place a bet.
Looking for more tips like this? Visit our blog now to keep reading.