Multiple bet explained - options & calculator
What is a multiple bet?If you go to a bookmaker and selected several different single wager selections, even it is from different sports then when you head over to your betting slip you will see an option to build a multiple from your selections. This may look advanced level betting stuff, but it is not as it is really straightforward once you understand how a multiple bet works. Basically you are grabbing which single bet selections that you want and putting them together to increase your returns should they all win.
The risk involved with accumulator bets is that if one of the selections in the combined bet loses then the whole thing goes done. In your bet slip you will will be able to make your selections and then chose your permutations from them. The beauty of sitting there at your online bookmaker and doing all of this is that you can take your time and edit things until you get exactly the multiple bet that you want.
Multiple Bet ExampleFor example, you have selected three horses to win their respective races that day and they are sitting in your betting slip as single bets. As a multiple bet, you could create three doubles and a treble (which is a Trixie). Just remember though that if you are building a mutiple, you are creating multiple bets, each of which require a separate stake. So in this example, the four bets that you have created in the Trixie would each require a stake, for example £2 x 4 = £8 stake in total.
But what does that mean down the line. Well it means that if just one of your three selections in the multiple loses then you would still get a return from one winning double. The other three bets would lose but that return may be enough to cover or at least get close to covering your initial stake at the very least (obviously depending on odds). So that is the benefit of a multiple, there are the extra ways to come up winning.
You will find things like banker bets on offer at bookmakers when you do this. Sometimes a bookmaker will tell you which is the banker bet to have in a multiple offer and if that is the only selection that fails in your wager then you will get a refund. The allure of multiple bets of course is that you have the shot at bigger profit because you are combining odds, than you would be able to get from the single selections and there's not a great deal of risk involved.
A multiple can be something as simple as a double, when you have two selections, for example, both at odds of 2/1 combined as a double. If you have a £5 stake on that then you would effectively get odds of 8/1. Why? Because the winnings from the first bet (£15) would be put on the second bet which returns £30. So in total you would get £45 returned to you and £40 of that would be profit. So a pretty good return compared to if you had just placed a £5 stake each on both selections as singles and you would have staked twice as much and gotten half as much profit back. If you want to explore your odds use our multiple calculator.
Multiple Bet Calculator
The risk of course, is if one selection fails then the entire bets does. If you are a not a punter who likes throwing out big stakes then for as little a 20p stake you can gather up a handful of selections and go for a big profit. The more selections that you throw into an accumulator then the higher the risk become, but the bigger the return could be. A lot of beginner punters like having a crack at an accumulator because of this, because from a small stake you could win big and most will play them for a bit of fun.
Here are some example of full cover bets, like the Trixie which we explained above. There are different types of multiple bets, full coverage and just multiples.
- Lucky 15 - Includes four singles, six doubles, four trebles and a fourfold for a total of 15 bets.
- Lucky 31 - As above but with five legs giving a total of 31 bets.
- Lucky 63 - As above but six legs for 63 bets in total.
- Trixie - Three selections creating three doubles and one treble for four bets in total.
- Yankee - Like a Trixie but four legs, so 11 separate bets requiring at least two legs to win for any return.
- Canadian (also known as a Super Yankee) - Five legs, 26 separate bets and again at least two selections needed to win.
- Heinz - Six legs, comprising 15 doubles, 20 trebles, 15 four folds, six five folds and one sixfold acca (accumulator).
- Super Heinz - Seven selections totalling 120 separate bets.
- Goliath - Eight picks, 247 bets in total!
So whether your build your multiples as a coverage bet or just go all in on a big accumulator, multiples betting is at the higher risk end of betting because in a way you are lessening your chances of winning with each added selection in the wager. The flip side of that of course is that the payouts can be huge!
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