A multi bet is a bet slip that contains more than one event. Betway multi bet is multiple events on a single bet slip placed on the bookmaker. In this article, we will be analysing the aspects of the Betway multi bet.
What is Multi Bet on Betway?
Multi bet is a general name that covers any bet slip with more than one selection. There are other terms to use depending on the number of selections.
For example, the term for two selections is double, triple for 3 selections. While for 4 selections and above, you can use accumulator bets.
You can place a multi bet on Betway South Africa like other bookmakers. And since the bookmaker offers a huge number of sports and betting markets, you have a lot to select from.
To place a multi bet on Betway, visit the sportsbook and make a prediction. Then add more predictions to it. Finally, stake an amount to it to confirm the bet with the bookmaker.
How Does Betway Multi Bet Work?
As we have mentioned, there are several forms of multi bets. The very simple ones like the double, triple, and accumulator bets are the most popular. With multi bets, you can combine predictions from many sports in one bet slip.
So, for example, you can place bets on an English Premier League match, a Wimbledon tennis match, an NBA match, and a volleyball event.
The unique aspect of multi bets is that all the selections on the bet slip must win for you to win money. And this is an advantage and a disadvantage. It is an advantage because there is the potential to win more money than on single bets. It is also a disadvantage because it is hard to predict the outcome of one event, much harder to predict for 2 events and above.
In addition to that, a canceled event in the multi bet slip is deemed as non-running. So, in essence, the bookmaker will remove it, and the winning will be calculated with the remaining events.
How to Calculate Winnings from Betway Multi Bets?
To calculate the winning from the multi bet, you treat each event as a single bet and calculate the winning from the first and then stake on the second till the last event. Let’s illustrate with an example using the 4 events below.
- Arsenal vs Everton (Arsenal to win at 2.2)
- Golden State Warriors vs Houston Rockets (Golden State to win at 4.0)
- India vs Pakistan in an ODI match (India to win at 1.5)
- New England Patriots vs Kansas City Chiefs (Kansas City to win at 5.0)
If you bet R100 on a multi bet slip with these selections and all of them win, you calculate the winning from the first game. That is R100 x 2.2, which gives R220. Then R220 x 4.0, which gives R880. Then R880 x 1.5 gives R1320, and R1320 x 5.0, which is R6,600.
However, on Betway South Africa, a multi bet boost can help you win more. The boost is a percentage of the potential winnings. You get a percentage of the potential win depending on how many events you have in your bet slip. It starts from 5% and climbs up to 150%.
To get the Betway boost, the odds of the selections must be 1.2 and above, and you must have at least 3 games in your bet slip.
How to Place a Multi Bet on Betway?
To place a multi bet on Betway, you first create an account and make a deposit. You will get the welcome bonus after wagering 3 times the amount of your first deposit on games with a minimum of 3.00 odds.
After the games are settled, the bookmaker will credit you with 100% of your first deposit up to R 1000. You can now place a multi bet with your welcome bonus or the cash deposited. Follow the steps below to place a multi bet.
How to place a multi bet on Betway ZA?
- On the homepage of Betway, select the sports you want to bet on.
- Scroll to see the event you want to bet on, and click on it to select it.
- Make your predictions from the betting markets.
- Go through steps 1 to 3 to make more predictions.
- Go to the bet slip with your predictions on the left side of the page, and enter an amount in the bet amount space to stake your multi bet predictions.
Betway Multi Bet Rules
Betway allows bettors to place multip bets, but some rules govern it. These Betway multi bet rules are also the terms and conditions which every bettor agrees to when signing up and placing bets on the Betway platform.
For example, some of the terms and conditions on multi bet on Betway include that you can only place up to 40 games on a multi bet slip.
Also, the bookmaker will not accept multiple bets with different selections on the same event, especially if one selection affects the other.
If you sign up as a new customer, you can get the welcome bonus if you use our Betway sign up code when registering.
FAQ
We have come to the end of our analysis of the Betway multi bet. However, we have attempted to answer some frequently asked questions about the Betway multi bet.
There are several forms of multi bet. The double, triple, Trixie, accumulator, Heinz, Yankee, and many more. However, the best multiple bet is the one you are very familiar with.
When you stake money on a multi bet, the money is multiplied by the odds of the first event, and if it is successful, it is rolled over to the second event, and it continues to the final event. So you have a better potential win on 4 events on a multi bet slip than the same 4 events in single bets.
A multi bet is riskier than a single bet because you have to predict that several events will occur, and there is no guarantee that you will win a multi bet.
However, you can follow some tips to improve your chances of winning.
The tips include researching the games, focusing on the betting market you are familiar with and don’t be carried away with the potential win because one game can spoil the whole betting slip.
Yes, you can cash out on a Betway multi bet. For example, if one of the events in the multi bet slip doesn’t win, you can cash out on the remaining bets. The cash out amount will be a percentage of the potential win on the multi bet.