Placing multiple bets, often referred to as accumulator bets is a popular betting strategy among many sports fans in Kenya. This type of bet allows you to combine several selections into one, offering the chance to win a large payout from a small stake. However, it also comes with risks that bettors need to be aware of before diving in.
In this guide, we’ll explain how multiple bets work, highlight the potential benefits and risks, and share some tips to help improve your chances of winning when using this strategy.
What Are Multiple Bets?
A multiple bet, or accumulator, is a wager that includes two or more selections combined into a single bet. To win, all the selections in the accumulator must be correct. If even one selection loses, the entire bet is lost. The appeal of multiple bets is that the odds of each selection are multiplied, resulting in a much higher potential payout than if you placed each bet individually.
For example, let’s say you bet on three football matches:
- Gor Mahia to win against AFC Leopards
- Liverpool to beat Manchester United
- Real Madrid to win against Barcelona
If all three teams win, the odds of each match are multiplied together, giving you a much higher return than if you had placed single bets on each game. However, if even one of those teams loses or draws, the entire bet fails.
Why Bettors Like Multiple Bets
Here are a few reasons why accumulator bets are so popular:
- Higher Potential Payout: Since the odds of all the selections are multiplied together, even a small stake can turn into a large payout if all your picks win.
- More Excitement: Following multiple matches and seeing how each one affects your potential return adds extra excitement to your betting experience.
- Wide Selection of Events: You can place multiple bets across a range of sports and leagues, allowing you to combine different events into one bet.
Types of Multiple Bets
There are different types of multiple bets based on how many selections you include:
- Double: This is a bet with two selections. Both must win for you to get a payout.
- Treble: A bet with three selections. All three need to win.
- Four-fold or More: Any accumulator bet with four or more selections. The more selections you add, the higher the potential payout but also the greater the risk.
How to Place Multiple Bets
To place a multiple bet, you first need to choose your selections. Most betting platforms, including Bangbet, will automatically create a multiple bet once you add two or more selections to your bet slip. Here’s a quick step-by-step on how it typically works:
- Select your events: Choose the matches or events you want to bet on. These can be from various sports or leagues.
- Add selections to your bet slip: After picking your events, add them to your bet slip. The system will usually detect multiple selections and give you the option to place a combined bet.
- Enter your stake: Choose how much you want to stake on the bet.
- Place your bet: Review your selections and confirm the bet.
Risks of Multiple Bets
While the potential payout from multiple bets can be very tempting, it’s important to understand the risks involved.
- Lower Chance of Winning: As the number of selections increases, so does the risk. Even if you feel confident about each individual bet, combining them increases the chance of losing because all selections must be correct for the bet to win.
- All-or-Nothing: With accumulator bets, there’s no partial payout if most of your selections win but one loses. It’s a high-risk, high-reward strategy.
- Unpredictability: Sports are unpredictable, and one unexpected event—like a red card or injury—can affect the outcome of a match, and in turn, your accumulator.
Tips for Successful Multiple Bets
Although no betting strategy guarantees success, there are ways to increase your chances when placing multiple bets:
1. Limit Your Selections
The more selections you add, the more difficult it becomes to win. Sticking to fewer selections (two or three) gives you a better chance of success while still offering a decent payout.
2. Research Each Selection
Don’t rely solely on gut feelings. Research is key. Look into team form, player injuries, head-to-head statistics, and other factors that might affect the outcome of the games you’re betting on.
3. Bet on Different Events
One useful strategy is to diversify your selections across different sports or leagues. This way, you’re not relying on just one league or sport where unexpected outcomes may be more frequent.
4. Don’t Always Back the Favourites
While it’s tempting to fill your accumulator with favourites, don’t forget that even top teams can have off days. Sometimes, it’s worth considering lower odds or teams that are on a good run of form but aren’t necessarily favourites.
5. Know When to Use Cash Out
Some betting platforms offer a “cash-out” feature, which allows you to settle your bet early before all the events are finished. This can be useful if most of your selections have won but you’re unsure about the final game.
Conclusion
Multiple bets can be an exciting way to boost your potential returns when betting on sports. However, they come with increased risks, and it’s essential to approach them with a strategy and a clear understanding of how they work. By researching your selections, keeping the number of bets manageable, and being aware of the risks, you can make more informed choices and enjoy a better betting experience.
Remember, while accumulator bets offer high rewards, they’re not always the easiest to win. Bet responsibly, know your limits, and enjoy the thrill of the game.
Happy betting!
