What Is Combo Bet
Posted : admin On 8/3/2022Wagering on single events is the professional and profitable approach to sportsbetting. However, sometimes you may want to bet more events on the same betting slips, thus making a combo bet, also called accumulator.
Many punters believe that betting an accumulator of three or four events with low odds gives a better chance of winning then wagering on an event with odds 2.00 (just an example). This is dead-wrong. In fact, combo bets are the bookmakers dream. The thing is that when you are going with this type of bet, you need multiple bets to be successful all at once for you to win. No matter how good your analysis is and no matter how solid the bets look individually, it`s extremely hard for something not to happen wrong in those games. In an accumulator of 4 games you need all 4 to win. Think about how many outcomes are possible for those 4 events together . Only one of those outcomes will bring you profit!
- Combination betting refers to the practice of placing multiple bets on a series of selections in order to reduce risk and maximise potential gain. Unlike an accumulator (parlay) or single bet, it does not fail if a single selection is wrong.
- If you select the doubles 3 combo bet, it will use the three selection in different combo any amount you stake will be calculated as single stakes for each combo.so it means that if you stake 100 in doubles 3.
Besides this, if you are betting multiple events you are giving away value. Bookies apply their “juice” for every odd. With a single bet, that`s not so bad, but with a combo, the “juice” multiplies by 2,3,4 and so on, depending on the number of events. For example, you can end up having odds 2.10 for an accumulator that ideally should have odds 2.50. That doesn`t sound too good, does it? And the discrepancies can be sensibly bigger than showed in this example.
If the number of correct picks equals or exceeds a Combo Play level you have selected (e.g. You selected ‘Combo to 2’s’ and got 2 out of 3 picks correct) then your ticket is a winner. The final prize amount will be dependent upon the combo level(s) chosen, the odds of the correct picks, and your wager amount selected. Compared to a system bet, the bet is only won if all of the individual bets in the betslip are won. The odds for the bet is calculated by multiplying all the individual odds. Combination bets are often named based on the number of selection made: Double (2), Treble (3), 4-fold, 5-fold, etc.
Nobody can say you musn`t bet combos at all, but it`s not a good idea to rely on these kind of bets. They can be profitable sometimes, but money in sportsbetting is earned betting singles.
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Combination betting refers to the practice of placing multiple bets on a series of selections in order to reduce risk and maximise potential gain. Unlike an accumulator (parlay) or single bet, it does not fail if a single selection is wrong.
Take, for example, a typical Thoroughbred flat race meeting, with six races scheduled on a single day and a bettor who has £12 with which to wager. If one straight bet of £12 is made on a single horse to Win in the first race, no matter what the odds, all is lost if the selection fails to come in first, making for a very short afternoon of wagering.
Alternatively, the bettor might choose to place £4 wagers on selected horses to Win in each of the first three races, for a total stake of £12—a so-called “combination bet” made up of three singles. If at least one of the selections succeeds at odds of higher than 3/1, the betting will pay a profit. Similarly, two winners at average odds of above 2/3 would also yield a profit, and if all three win, it will be a happy day at the races indeed.
In this case, combination betting has reduced the risk. One or two losers will not necessarily cause all of the wagering to fail. The risk could be further reduced by staking £2 apiece on horses in each of the six races. A single winner paying better than 6/1 odds would ensure a profitable day.
The drawback, of course, is that the possibility of winning big is reduced when the bets are spread around in this way. Unless several selections are correct, only a small profit is returned.
With the appeal of long odds in mind, bookmakers offer “accumulators,” joining two or more selections into a single wager at greater odds than would be returned if they were bet upon individually. What’s more, the minimum cost of the accumulator is lower than that of making individual bets. The risk, of course, is that if a single selection fails, the entire stake is lost.
Two selections wagered on together are called a “double.” Three selections taken as a unit are called a “treble.” Accumulators of four, five or six selections are known as “four-fold,” “five-fold” and “six-fold” accumulators, respectively.
Here’s where combination betting shows its true advantage. It allows a singles, doubles, trebles and other accumulators to be wagered upon as group. One of the most popular combination bets is a “Trixie.” It consists of four wagers on three selections in different events, including three doubles and one treble—AB, AC, BC and ABC. If at least two of the selections succeed, the bettor will receive a return.
In much the same way, a “Yankee” allows four selections in different events to be fully covered using eleven wagers. It includes six doubles, four trebles and an accumulator—AB, AC, AD, BC, BD, CD, ABC, ABD, ACD, BCD and ABCD. Again, if at least two of the selections succeed, a return is guaranteed.
Much more complex combination betting can be pursued. The “Super Yankee” or so-called “Canadian” is made up of 26 wagers on five selections in different events. It includes ten doubles, ten trebles, five four-fold accumulators and one five-fold accumulator. At least two of the selections must succeed to receive a return.
The combination bet known as a “Heinz” covers six selections with 57 separate bets—15 doubles, 20 trebles, 15 four-fold accumulators, 6 five-fold accumulators and one six-fold accumulator. The “Super Heinz” is made up of 120 bets covering seven selections in different events. It consists of 21 doubles, 35 trebles, 35 four-fold accumulators, 21 five-fold accumulators, seven six-fold accumulators and one seven-fold accumulator. In both instances, at least two selections must succeed in order for a return to be received.
The “Goliath” consists of 247 bets. It covers eight selections in different events with 28 doubles, 56 trebles, 70 four-fold accumulators, 56 five-fold accumulators, 28 six-fold accumulators, eight seven-fold accumulators and one eight-fold accumulator. At least two selections must succeed in order for a return to be received.
When combination bets include all possible combinations of doubles, trebles and accumulators for a given number of selections, such as those named above, they are referred to collectively as “full cover bets.” When they also include all possible singles, they are known as “full cover bets with singles.”
Published on: 28/06/2011
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