Matched betting: learn how to make predictions in one of the most lucrative sports betting methods. Learn all about multiple bets and matched betting!
Matched betting: how does it work?
Among the various types of bets available, one of the most potentially lucrative is the combination bet, also known as the accumulator bet, combo bet, multiple bet, among others.
As the name implies, this category of bet brings together more than one guess in a single move. In other words, the combo bet is a little more sophisticated and daring than markets such as 1×2 single bets and x2 double chance bets, for example.
After all, combining bets requires a greater level of knowledge of the markets and sporting events. As well as some kind of strategy on the part of the punter. But don’t worry.
In this complete guide to matched betting, we’ll explore in detail how matched betting works, the advantages and disadvantages of matched betting, strategies to maximize your chances of success and some important multiple betting tips to consider.
What is a combination bet? Multiple bets
A combination bet is a type of bet with more than one guess on a single betting ticket. That’s why it’s also called an accumulator. It can be placed on the same match, on different markets and even on different games.
As the name implies, accumulator bets give you the chance to multiply your winnings.
Difference between single bets and combination bets
Based on the idea that the 1×2 single bet is a conservative betting market, the combination bet is a bolder type of guess.
With more attractive odds than single bets, the combination bet considerably increases the chance of making a profit. However, the risks are proportional. The chances of losing money also increase.
Advantages and disadvantages of matched betting
Advantages
- High profit potential
- Available for many sports
- Available at the best bookmakers
Disadvantages
- Higher risk
- Can seem complicated for beginners
How to place a combination bet? Accumulator bet
To give you an example, let’s say you want to bet $20.00 on the following matches in a round of the Champions League:
- Atletico Madrid v Inter Milan - Odds Atletico Madrid win 2.68
- Real Madrid v RB Leipzig - Odds Real Madrid win 1.56
- Manchester City-Copenhagen - Odds on Manchester City to win 1.15
Matched betting calculator
By selecting the accumulator bet option, the bookmaker will already point out potential profit, via the matched betting calculator. But it’s important that you know the formula in order to assess whether or not it’s worth investing in this accumulator bet ticket.
$ 20 x (2.68 x 1.56 x 1.15) = $ 96.15
Choice of market to bet on
In the example above, we used three single bets on the victory of three home teams. We can say that this is the easiest type of combination bet. To take as a base.
However, the possibilities go much further. So does the sophistication of the bets. It is possible to increase the totality of the potential profit by opting to combine the following markets:
- Double Chance
- Handicaps
- Both teams score
- Number of cards
- Total goals per match
- Over/Under
- Corner kicks
- Half-time/end-of-match betting
These are just a few examples of markets that can be used to combine results. This is assuming that we are only talking about soccer betting, a sport in which there are a good number of betting markets.
However, you can also place multiple bets on other sports and sporting events such as basketball, MMA, tennis, American soccer and so on.
Remember: if you have any questions about markets or terms, we have a full article on how to bet online that can help you.
You can see why more experienced bettors often consider matched betting, right?
What’s the difference between multiple bets and parlay?
In this world of matched betting, there is a term that will appear when you make your guess. It’s called Parlay. In some cases, it may appear as “system bet”. But what is the difference between multiple bet and parlay?
In this world of matched betting, there is a term that will appear when you make your guess. It’s called Parlay. In some cases, it may appear as “system bet”. But what’s the difference between multiple bets and parlay?
Multiple bet
To have a winning multiple bet, you need to match all the guesses on the same ticket. The odds for each event are multiplied, increasing the potential for winnings.
Parlay bet
The parlay bet creates some combinations with the different sporting events on the same ticket. However, to have a winning guess in this system it is not necessary to get all the predictions right. The bettor can get a few guesses right and make a profit in proportion to the correct choices.
Some types of combination bets: multiple and parlay
There are several types of multiple bets, each with its own characteristics, variations and odds. Here are some of the most common:
Double bets or Accumulator bets
The double bet, or accumulator bet, is the most basic type of multiple bet.
In it, you select 2 or more events and all selections must be correct to win the bet. This is where our Champions League example comes in. This is the most popular betting method for beginners.
The potential payout increases with each selection added, but so does the risk of losing.
Triple Bet
A treble bet is a type of accumulator bet that involves three selections.
All 3 selections must be correct to win the bet.
Yankee Bet
A Yankee bet consists of four selections and 11 individual bets: 6 double bets, 4 treble bets and 1 quadruple bet.
In Yankee, you need to hit at least two selections to get a return.
Trixie bet
Similar to the Yankee bet, a Trixie bet consists of three selections and 4 individual bets: 3 double bets and 1 treble bet.
In the Trixie, you need to hit at least two selections to make a return.
Patent bet
A Patent bet consists of seven individual bets on three selections: 3 single bets, 3 double bets and a treble bet.
You need to hit at least one selection to make a return.
Lucky 15 bet
A Lucky 15 bet involves 15 individual bets on 4 different selections. There are 4 single bets, 6 double bets, 4 treble bets and 1 quadruple bet.
Heinz Bet
A Heinz bet involves six selections and 57 individual bets: 15 double bets, 20 treble bets, 15 quadruple bets, six quintuple bets and one hex bet.
This provides several ways to make a return, even if some selections are lost.
Super Heinz
The Super Heinz bet is made up of seven selections, including 21 double bets, 35 treble bets, 35 quadruple bets, 21 quintuple bets, seven six-fold bets and a seven-select bet.
Winning requires hitting at least two selections.
Goliath
The Goliath bet is made up of eight selections, including 28 double bets, 56 treble bets, 70 quadruple bets, 56 quintuple bets, 28 sixfold bets, eight sevenfold bets and one eight-selection bet.
To win at Goliah, you need to get at least two selections right.
Strategies for winning with matched betting
As we’ve seen, matched betting brings good profits, but high risks. Some strategies can increase your chances of success. Consider our tips when placing your matched bets:
Know the event you're betting on
Before placing your bets, it’s essential to know everything about the event you want to bet on;
Look at statistics, recent performances, injuries, head-to-head record and other relevant factors;
We keep an eye on the main soccer competitions around the world. We always have an up-to-date guess, with odds, line-ups and so on. Statistics always come into play when it comes to online betting.
Take advantage of the best odds on betting sites
Buying odds may seem like a fairly basic tip for more experienced bettors, but when it comes to matched betting this is essential.
Look for really attractive odds on outcomes that you think are really possible. Since the stakes are high, let them be for maximum profit, right?
Matched betting calculator
Don’t be complacent with the bookmakers’ matched betting calculator. Do the math yourself before selecting a market. Anticipate.
Open more than one platform and test the same matched betting tips.
Find good matched betting offers
There are some good offers for matched betting. Some bookmakers offer combos with high odds, while others offer a bonus of one percent of your accumulator stake.
Choose a good bonus to open the betting game
Speaking of bonuses, using a good sign-up bonus to start venturing into matched betting can be a good way to go. In this case, you won’t be putting your bankroll at risk.
Pay close attention to the terms and conditions and welcome bonus conditions.
Know how to deny a matched bet
In the world of online sports betting, there is a lot of talk about effective bankroll management. A good bettor always knows how to control his capital well. High-risk bets don’t always make sense. Strive for balance.
Considering a balance with more conservative markets such as single bets, void draws and double chance is a more winning strategy in the long term.
Conclusion - Is matched betting worthwhile as a sports betting strategy?
Yes, matched betting is worthwhile as a sports betting strategy. The profits for the bettor tend to be high. Of course, because they involve greater risks, they require greater attention.
Let’s not forget that sports betting is an exciting way to follow your favorite sporting events and, at the same time, have the chance to win some money.
It sounds basic, but in the eagerness for quick profits, many people end up overlooking it. Consider our tips, study and make good guesses.
Have fun!
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