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Multiple betting, Australia's fastest growing bet type - here's why...
As a sports and racing fan you will often find 3, 4 or 5 picks that catch your eye, but what is
the best staking plan - a single bet on each would be the most simple, but what if they all came up winners?
For a really big return combine your selections with Multiple betting. |
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Multiple Betting
Multiple bet types allow you to select a series of two, three
or more single bets (sports and/or racing) and combine them
to increase your return. The final dividend is determined by
multiplying together the odds of each of your selections.
There are two variations of multiple betting, Single and
Exotic, see below: |
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Single Multiples (Accumulator/All Up)
In a Single Multiple, all selections must win. The maximum number of selections within the one multiple is limited to 16. |
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Example:
You bet $10, taking the following three selections:
- Horse Racing: Weekend Hussler to win at 2.20
- Soccer: England Correct Score 2-0 at 4.00
- Golf: Phil Mickelson to win at 10.00
Calculating the dividend:
- To calculate the final dividend the odds of each of the selections must be multiplied:
2.20 x 4.00 x 10.00 = 88.00
Win return:
- The return is calculated by multiplying the amount bet (stake) by the calculated dividend:
$10 x 88.00 = $880. As such, the profit is $870 (return less stake).
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Exotic Multiples
Hit the Jackpot, Exotic Multiple betting guarantees a Jackpot Return if you strike gold with 100% winners, but also gives you the security of a payout if just two of your selections win.
The following Exotic Multiple bet types are offered: Trixi, Patent, Yankee, Lucky 15, Super Yankee, Lucky 31, Heinz, Lucky 63, Super Heinz and Goliath. |
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The Patent: an example of an Exotic Multiple
The Patent is the perfect bet if you have 3 selections. It consists of 7 bet combinations:
- A Single bet on each of the three selections = 3 bets
- A bet on each of the 3 possible Single multiples = 3 bets
- Single Multiple combining all three of your selections = 1 bet
Example:
A $5 Patent on the 3 selections below would cost $35.00, at least 1 selection must win to earn a return:
- Rugby Union: Australia to win World Cup at 4.00
- Horse Racing: Weekend Hussler to win at 4.00
- Golf: Phil Mickelson to win at 4.00
Calculating the dividend:
- 3 x singles @ $5 =$15 (3 x $5 bet at odds of 4.00 – max return: $60)
- 3 x single multiples @ $5 =$15 (3 x $5 bet at odds of 16.00 – max return: $240)
- 1 x single multiple combination @ $5 =$5 (1 x $5 bet at odds of 64.00 – max return: $320)
Win return:
- Any one winner returns: $20 (1 single)
- Any two winners return: $120 (1 single multiple, 2 singles)
- All three winners return: $620 (3 singles, 3 single multiples, 1 multi combination)
As such, the profit is $585 (return less stake). |
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