Multiple betting refers to several bets being amalgamated and treated as one, and the bets can either all be placed together at the same time before all the events or could be placed sequentially using part or the whole of the previous stake plus profit for the next bet so as to compound the effect. The idea in all cases is to receive big profits from small stakes, and whilst all well and good in theory, the concept somewhat minimizes the reality of a situation where all the bets are unlikely to win.
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Placing several bets together as a bundle multiplies the odds and gives a good return, provided that they all come in. There is no upper limit to how many bets you could put together in what is termed an accumulator or “acca” in common parlance, but the more there are the greater the risk of failure. Thus it is mostly recommended by seasoned bettors to stick to small accumulators, perhaps even just doubles involving two bets, or three known as trebles, because there is a reasonably good chance if you research your bets thoroughly that they might all win.
If you are betting on a double as an example, with odds of 2.0 and 3.0 then you simply multiply these odds together to get the overall value of the odds you would receive on your combined bet which in this case would be 6.0. These kinds of odds would make good profits if you could consistently pick winners! Even better would be a treble combining three bets, and this is a popular type of bet. A variation of this is even better in my opinion, and that is the Trixie which is in effect a combination of three doubles plus a treble, and here you only need two out of the four bets to win in order to get a payout. If they all come off then you do really well!
So an accumulator could be a double, treble, Trixie, four fold, or five fold and so on, but there even some other more exotic types available. A Yankee is a combination of eleven bets based on a permutation of four selections, giving you six doubles, four trebles plus a four fold accumulator! Going one step further you can have a Lucky 15 type accumulator which is the same as a Yankee but with the addition of four single bets. A further permutation is called a “Patent” and involves seven bets with three selections: three singles, three doubles, plus a treble. These types of bets are heavily advertised by bookmakers because they sound very attractive to the customer, but in reality they come off for punters only rarely and so the bookies win rather than lose money overall.
The advantage of the “full cover” types of bets like the Trixie or Yankee is that you have several smaller bets within the whole and can therefore expect to get some sort of payout even if only some of the selections win – You do not need them all to win in order to get money back. So these kind of bets carry some insurance whilst, if the total of all contained bets should be successful you have a bigger win from the combined odds therein.
It is very easy to get carried away by the big returns possible with accumulators but you have to remember that they carry much higher risks of course. A reasonable approach might be to stick to short odds favourites in small combinations of two or three selections. This I believe gives a good balance between risk and reward.
Another way to look at multiple betting is by sequentially backing at short odds and using the previous stake plus profits for the next bet. This way you are compounding your profits and can build up a substantial amount, provided again of course, that all bets are successful. Regrettably even football matches where over three goals are predicted by most, sometimes fail to produce even one goal! This is extremely frustrating since if this happens during a long sequence of bets then you are right back to square one. A way to minimize this problem is to take out a small portion of your profits along the way so that if a bet should fail you have still made some gains. An Australian mathematician has, I believe, produced a staking plan in Excel along these lines and strongly advocates such an approach, betting simply on a horse to place at low odds and being very selective in his choices.
So multiple betting can bring high rewards or it can quickly ruin your bank, so is something to consider carefully before leaping into. One might perhaps be advised if new to betting, to stick with single bets for as long as necessary in order to build up a reasonable sized bank and to gain confidence in your ability to pick winners.
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