4 minute read
How to place a Multiple Bet
HOW to place a Multiple Bet
You can bag a lot more value out of your bets by combining all your selections together in one bet. these types of bets are known as multiples or accumulators. similarly to how single bets require your selection to win for your bet to be a winner, all of the selections that form part of your multiple must win in order for that particular multiple bet to be a winner. this is a versatile bet type that allows you to add selections from across different markets and sports. For example, you could have a horse to win in the first at Hollywoodbets Greyville, into the sharks to beat the Bulls into Liverpool to beat Manchester United – it’s up to you to decide what you’d like to add.
First things first, take a look at the video below before we get started: https://blog.hollywoodbets.net/howto-take-a-horse-racing-multiple/
What is a multiple?
A multiple is a bet that consists of two or more horses in a particular bet. the more horses you add, the more you stand to win. Keep in mind that the more horses you add, the smaller your chances of winning.
How to interpret odds?
Before explaining how to take a multiple bet, it helps to understand how odds are multiplied. In the example below, let’s say you have selected horse number 2 in Race 1 (DO It AGAIN) and horse number 4 in race 2 (RAINBOW BRIDGE). If DO It AGAIN is 3/1 and RAINBOW BRIDGE is 2/1, you work it out as follows. take the price of each horse and add 1. then, multiply those numbers by one another and subtract 1 from the final amount. 3/1 + 1 = 4 2/1 +1 = 3 4 x 3 = 12 – 1 = 11 the price of the double will be 11/1. When taking a multiple, you can add any amount of combinations you want.
Scratchings
Once you have an understanding of how multiple prices are worked out, equating your new price in the event of a scratching becomes quite easy. When one of your horses is scratched in a multiple that consists of two horses, your bet now becomes a single. If you have a multiple that consists of more than two horses and one of your horses is scratched, your price will be readjusted to the horses that remain in the bet.
Fixed odds vs Starting price
With Hollywoodbets, you can choose whether you want to take a bet on fixed odds or the starting price. the biggest benefit of fixed-odds betting is that you can immediately calculate your potential winnings based on the price of the horse. If you take a multiple and the price accumulates to 20/1 on fixed odds that price is set in stone. Any price changes on any horse will not affect your odds. starting price means exactly that – you will get the price of the horse at the jump of the race. so, if you take a starting price win bet on DO It AGAIN a week before the Hollywoodbets Durban July when the fixed odds price of the horse is 8/1, you don’t really know for sure what sort of price you’ll get at the jump of the race. His price could shorten to 5/1 or drift out to 10/1. When taking a starting price multiple, it could either benefit you or disadvantage you as no one knows how the market will react.
Mixing your multiples
The great thing about multiples is that you can mix and match as you see fit! You can, for example, take RAINBOW BRIDGE to win at 5/1, the sharks to clear the (-5.5) handicap against the Bulls at 9/10 and Liverpool to beat Manchester United at 1/1. In the above example, we’ve taken a horse, a rugby team to clear a handicap as well as a soccer team. You can mix it up however you see fit, though.
Read more here: https://blog.hollywoodbets.net/understanding-different-horse-racing-bets/
IMAgE: Candiese Lenferna