A multiple bet is where more than one selection from different sporting events are together in a single bet. That means that all of the included selections have to be winners in order for the bet to pay out.
Even if a multiple bet has all but one of the selections win, then there will not be a payout because of that loss.
Because of that condition of needing all picks to win, then the difficulty of the bet type increases from that say, of a win single. The benefit of a multiple bet though is that all of the odds of the included selections are all linked together. Your returns from the first leg of the multiple bet move over onto the second selection and so on.
The risk involved with accumulator bets is that if one of the selections in the combined bet loses then the whole thing goes done. In your bet slip you will will be able to make your selections and then chose your permutations from them. The beauty of sitting there at your online bookmaker and doing all of this is that you can take your time and edit things until you get exactly the multiple bet that you want.
For example, you have selected three horses to win their respective races that day and they are sitting in your betting slip as single bets.
MULTIPLE BET EXPLAINED - OPTIONS & CALCULATOR
As a multiple bet, you could create three doubles and a treble which is a Trixie. Just remember though that if you are building a mutiple, you are creating multiple bets, each of which require a separate stake. But what does that mean down the line. Well it means that if just one of your three selections in the multiple loses then you would still get a return from one winning double.
The other three bets would lose but that return may be enough to cover or at least get close to covering your initial stake at the very least obviously depending on odds.
To work out our double simply add one point to each value and then times the two values. If you are using decimals instead of fractions then simply times the two numbers together for a double. So a double of 2. Note: Decimals are a much simpler way to work out your accumulator bets.
When you are adding more than two bets simply times together the decimals off the odds. If we had a 5 fold accumulator with bets of 3. Obviously the odds of each individual bet will have an effect on the overall accumulator odds with the higher the odds the greater the accumulator bet will become.
Multiple Bet Explained
Technically speaking though we prefer to view an accumulator as a type of multiple bet rather than being one and the same. The reason for this is that as well as accumulators there are other forms of multiple bet you can place. There are many types of multiple bets on offer from a host of bookmakers. Unlike a straight accumulator which has only two possible outcomes — win or lose — a full cover bet pays out even if only a few of your selections win.
The simplest full cover bet is a Trixie which involves three selections. Because you have three doubles covering all possible combinations you only need two out of the three horses to win to get some kind of return.
The return you would get from two horses winning would be less than if all three had won, but more than had you only placed a straight up accumulator on the selections. If you wanted to include four selections this would be called a Yankee and involves 11 bets. One four fold, four trebles and six doubles.