What is a Multi Bet? - Complete Guide & How To Calculate
- Guide to multibets
- How they work and how they are calculated
- AussieBets expert provide all the info
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A multiple bet, or better known as a “multi”, consists of more than one selection on the same betting slip, needing each selection to win for the bet to pay dividends.
Each individual selection or bet is known as a Leg, with most of the larger bookies allowing up to approximately 25 legs in the same Multi Bet.
Multis are becoming more and more popular in Australia with the possibility of getting outlandish odds by combining some or all of the weekend’s tips into one bet.
How To Place a Multi Bet
Depending on your preferred bookmaker, or better yet the bookie supplying the best odds for your specific Multi, will determine exactly how you place a Multi Bet.
The general procedure is as follows:
- Click on the selections you would like to combine in your Multi Bet so they appear in your betting slip.
- Go into your betting slip and scroll to the bottom, looking out for the Multi Bet title.
- Under the Multi Bet title you will see the accumulated odds for your combined selections. You then place the stake that you would like to lay for you Multi Bet.
- Once you have laid the stake click on the Place Bet button and confirm your selections.
- Share your tips with your mates and cheer ‘em home!
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How are Multi Bets calculated?
Multi bets are calculated based on the order in which the legs conclude. The payout generated from each leg serves as the stake for the next leg in your bet.
For Example, if your bets are as follows:
- Brisbane Broncos Win 2.00
- Melbourne Storm Win 1.65
- Sydney Roosters Win 2.50
The math would be as simple as 2.00 x 1.65 x 2.50 = 8.25
Therefore, if you chucked a tenner on it your return would be as follows:
10 x 8.25 = 82.50 return
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