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Keen writer and esports enthusiast
Keen writer and esports enthusiast
The multiple bet, otherwise known as multiples betting, is an exciting tactic for eSports betting that players can potentially use to get a better chance of winning (with a bit of luck!).
But what is a multiple bet? And how can we use it to get the best out of our eSports betting experiences? There are a few factors that need to be discussed and understood, so let’s dig a little deeper. We’re about to have multiple bet explained!
There are two types of eSports bettors out there: those who like to bet casually (check out our introduction guide to eSports gambling if this is you!) and occasionally those who take their betting a little more seriously with a view to winning some cash.
Sure, you can be somewhere in between the two, but the bottom line is that not many of us would say no to some strategies that could potentially help us win more money from our betting. And that’s where betting guides or strategies come into the mix.
These are tried and tested processes that some punters swear help them win more frequently or larger amounts. Of course, betting never stops becoming a gamble, but if we can do anything to up our chances, that would be pretty cool, right?
There are quite a few different types of betting guides, some with higher success rates than others, but today we will be answering the question of ‘what is a multiple bet?’.
Of the two types of players we mentioned just now, perhaps the latter would be more inclined to check out an eSports betting guide. But if you’re a more casual player, there’s no harm in checking ‘em out! But do you need to know anything in advance of them? Well, in some cases yes, and in others no.
If you want to understand more about multiple bet explained, you’ll need to have a basic understanding of more of the ins and outs of individual match markets. So, just betting on which team is going to win a match isn’t quite going to cut it, as margins, handicaps and other match stats will need to come into play. But that’s just about the only prerequisite for this type of strategy. Other than that, eSports multiple bets are pretty accessible!
So, time for the main attraction. Let’s take a closer look at multiple bets so that we can truly say that we’ve had the multiple bet explained. Here’s an overview of the ins and outs of it so that you can make a decision as to whether you’d like to take it up or not.
What is a multiple bet? It’s effectively a tactic preferred by some eSports gamblers where bets will be placed on a number of different markets within the same betting ticket. This means that you can win a lot more money off the same bets, but the overall bet is a lot less likely to come in. It’s more volatile, but it can really pay off if you get it right. Still, we recommend putting down a smaller stake on this type of bet.
The multiple bet can come in a couple of different forms, that of the accumulator (where you select markets on a number of teams to win) and that of a multiple bet for a single event, in subcategories. The latter is less popular in eSports as it is in the likes of soccer, but it can still be a thing, especially as bookies offer better markets on eSports matches as time goes by.
So what actually is the big deal about the multiple bet? What is the point of it? Well, it can win us a lot more money than just placing several single bets. The odds of it coming in are much weaker, but if you can land all of the bets in one, you can win huge cash!
To calculate the potential winnings you would receive from a multiple bet victory, you’ll need to multiply all the odds together and then multiply that by your intended stake. So, if you’re looking at placing some bets down at odds 1.9, 2.1 and 2.7, your combined odds will be 10.773. Put $10 on this, and you’re looking at a win of $107.73.
By comparison, if you were to land all of those bets as individual single bets, your total winnings would be $67. And the more bets you add to your multiple bet, the more exponentially better your odds become.
Because the multiple bet strategy offers you the potential to win a large amount of cash, it does have high odds stacked against you, the player. For this reason, we recommend placing lower stakes more often as opposed to putting all your eggs in one basket. That way, you’ll be covering more ground and offering yourself more chances to win without having to break the bank. Because remember, the most important thing about betting is to never spend any more than you intended to!
Using a multiple bet is great, but you’ll get a lot more out of it if you know your stuff when it comes to eSports betting online. Whether you’re using a niche form of eSports betting such as CS:GO skin gambling or you’re just interested in covering the basics, it helps to understand all of the following:
Signing up for a solid bookmaker is a great place to start. An eSports bookie should offer a wide range of markets for one, but it should also offer good odds on those markets so that we can make the most money if our bets do come in. When we had the multiple bet explained earlier on, we talked about how the odds rose exponentially with multiple bets, which makes small discrepancies on individual markets all the more important.
It’s also important to make sure that the bookmaker you are signing up with is legit. This is particularly useful if you are planning on betting on eSports in another country where licensing and laws are different to that of your home territory.
There are a couple of different things to learn about when it comes to eSports markets, and the highlights of them are as follows:
Remember, if you’re new to the world of betting and want to build up a clearer understanding of it from the beginning, you can always check out our eSports bookies for beginners guide. Here, you’ll be served up all the information you’ll need to get a better picture of the world of online eSports betting as a whole.
As exciting as it can be to jump in and put some money on multiple bets, we first need to understand what our limits are. Before any betting session, it’s a good idea to decide the maximum amount you want to spend and make sure you stick to that so that you don’t spend any money you can’t afford to lose. The old saying ‘when the fun stops, stop’ couldn’t be more true!
Got questions to ask about the multiple bet? You might find the answers to them below.
At its basic level, multiple bets are what they say on the tin. They allow you to place a number of different bets on a number of different markets across a number of different events, and for your bet to come in, you’ll need every individual bet to come in. If it does, it can win you a serious amount of cash, as the price accrues exponentially based on the number of bets you have put down. If you’re not interested in that level of betting, you can always check out our guide to eSports value bets.
Multiple bets are more specific to sports such as horse racing and soccer, but we do see them on eSports from time to time. So, if you’re looking for a new eSports betting site to place some multiple (or even just regular) bets with, check out our top eSports betting sites. There, you’ll find the hottest tickets for eSports betting right now. Multiple bets in the form of an accumulator are a little more common for eSports, so why not give one of those a try some time?
Because multiple bets have the potential to win you a lot of cash, it’s important to consider the odds of the bookie you are interested in signing up with. Small discretions in odds can make a big difference at this level of betting, so read eSports betting odds like an expert with our handy guide on how to do just that. It could really help with this type of betting!
Nowadays, the level of odds across even the lesser-known eSports competitions are well researched, so there is no clear advantage to placing a multiple bet on one game over another. However, choosing the right bookie is key, and you could even try to find a value bet to incorporate into your multiple bet if you wanted to get real clever with it. Imagine how much cash you could win from that! Just make sure that you adhere to the rules on legal eSports betting as you do so.
So, what is a multiple bet overall? And how can it benefit us? A multiple bet is effectively a strategy that sees players put down cash on a number of different markets from a single bet, and for that bet to come in, all of the markets will need to. It is, of course, much more volatile, which means that the bet is less likely to come in overall but it can win you a lot more money if it does as the odds accrue exponentially. That’s why we recommend placing smaller than usual stakes on this type of bet if you are interested.
Now you can say once and for all that you’ve seen the multiple bet, explained. Good luck! And if you need more information on eSports betting before you jump in and put down some bets, take a look at our eSports gambling country by country guide. There, you’ll find all the information you’ll need on eSports gambling depending on where you are based.