How To Play Multi-Way Betting In Football Betting?
Have you ever wondered How To Play Multi-Way Betting? Let’s begin by explaining what is it in the first place. The multi-way or double bet is a prognosis that combines two single bets within the same coupon.
To hope for pocket gains, the two results chosen in the coupon must be positive. This type of bet involves certain risks. Nevertheless, it also grants advantages to the bettors due to the way the winnings are calculated.
Table of content:
- How To Play Multi-Way Betting In Football Betting?
- Differences between Multi-Way Bet and double chance bet?
- Operation and calculation of the winnings of a multi-way bet
- The different types of Multi-way bets
- Differences between Multi-way bet and combination bet
- For two selections: calculation the payouts of a double bet
Differences between Multi-Way Bet and double chance bet?
Many punters confuse double bets with double chance bets, due to the similarities in the name. However, these two types of bets are fundamentally different in their operation. The double odds bets are single bets.
This increases the chances of winning, because of the limitation of risks, while double bets are systems, that provide gains when two results are correct on the selected number.
A double chance bet is the combination of two single bets, the odds of winning are increased by the selection of two possible outcomes. This is a 1X, 12, or X2 type bet.
Example: PSG vs Marseille – How to play Multi-Way Betting
A double chance bet will consist of betting either on the victory of PSG or the draw (1X), or the victory of Marseille or draw (X2), or the victory of one of the teams, except the draw (12).
If your prognosis is correct, you will pocket the winnings according to the bet x odds formula associated with your choice.
However, for its part, a double bet has a very different mode of operation.
Operation and calculation of the winnings of a multi-way bet
A multi-way bet is a bet that combines combinations of doubles, depending on the number of selections. As you can already imagine, the selection starts with two and can evolve according to the offer of the bookmaker. So, you can make a double bet by choosing two, three, four, or six outcomes. It all depends on the operator’s market largesse.
The advantage of this type of bet is that you start to pocket the winnings as soon as two results are correct out of the total number chosen.
For example, for a double bet with two selections, both outcomes must be correct for you to pocket the winnings. But on three or more selections, you win money as soon as two results are correct among the selection.
The calculation of the winnings for a double bet is made by the association of two odds, as many times as can be found in your selections.
Take the example of a double bet of type 2/3. There are three possibilities for doubles in this bet, but out of the three choices you make, you will win as soon as two are correct.
We suppose that we select the following results: the victory of PSG (1.3), the victory of Lille (2.00), and the victory of Lyon (1.5);
In this selection, here are the possible combinations of doubles:
- PSG victory x Lille victory = 2.6 (odds A)
- PSG victory x Lyon victory = 1.95 (odds B)
- Lille victory x Lyon victory = 3 (odds C)
If at the end of the meetings, PSG and Lille win as expected, but Lyon loses, you win:
- Payouts = Stake per bet x odds A
- If PSG loses, but Lille and Lyon win, you win:
- Payouts = Stake per bet x odds C
- If Lille loses, but PSG and Lyon win, you win
- Payouts = Stake per bet x odds B
If all three teams win as expected, you win:
Winning = (Stake per bet x odds A) + (Stake per bet x odds B) + (Stake per bet x odds C)
Note: when placing the bet, the bookmaker takes the stake from you three times per bet. For a stake per bet of € 5, the bookmaker charges you € 15.
If all three results are correct, you win:
Earnings = (€ 5 x 2.6) + (€ 5 x 1.95) + (€ 5 x 3) = € 13 + € 9.75 + € 15 = € 37.75
Keep in mind that if it’s just one prognosis that is correct, you are wasting all your money.
The different types of Multi-way bets
As stated above, a minimum of two selections is required to place a double bet. But the number of selections depends on the bookmaker. The most common double bets are 2/3 and 2/4. Regarding 2/4, you make 4 selections, which entitle you to 4 combinations, but your pocket wins as soon as two results are correct.
For each fraction, the denominator means the number of selections, but also double combinations, while the numerator indicates the correct number of results it takes to start winning.
Differences between Multi-way bet and combination bet
To conclude this guide, it is important to point out that there is a notable difference between combination bets and double bets.
For two selections, the payouts of a double bet are calculated like this:
Stake per bet x odds 1 x odds 2
While for a combined bet G = Total bet x odds 1 X odds 2
For a total bet of € 10, it is € 5 which will be used to calculate the winnings of the double bet while it is € 10 which will be used to calculate that of the combined bet.
Note: for two selections, it is, therefore, more expedient to choose a combination bet rather than a double.
But from 3 selections, a double bet makes it possible to limit the risks, since the three results of the combined bet must be correct to hope to win money.
In the case of a combined bet, winnings = Stake x odds 1 x odds 2x odds 3
For a double bet Gains = (stake per bet x odds 1 x odds 2) + (stake per bet x odds 1 x odds 3) + (stake per bet x odds 2 x odds.
We hope that you enjoyed How To Play Multi-Way Betting article. See also: Football Betting – Do’s and Dont’s on Placing Successful Bets
