The odds in the bet multiply for every additional leg you add to the multibet. There has to be a minimum of two legs in your bet to be classified as a multibet. The maximum number of legs in a multi is dependent on the bookmaker you are placing the bet with. A multibet requires all legs to win. A PUNTER is $203,702 richer after winning with one of the bravest multi-bets you are likely to ever see come off. The ballsy TAB punter won the small fortune with a 13-leg multi that is made of the stuff most punters can only dream about.

But When Should I Use A Multi?

The answer is almost never.

However, we know professional punters who use it for two distinct purposes.

The first is to make their account look less intelligent than it is. Seriously. If you’re a sophisticated punter who beats online bookmakers with a strategy, then you need to have other bets littered through your account history. That way you’re less likely to get your account closed or restricted when it is reviewed.

For example, if you win on the punt by exclusively backing generous promotions ($2 for Winx, max bet $50) and on AFL 24Up promotions, then you may need to have other bets on your account. If you can break up those successful $50-500 with $10 AFL and NRL multis each round, then your account will look less intelligent. It will make your strike rate and average bet size numbers come down as well as filling up your account history with bets that bookies love to see (multis!).

The second example is sharp horse racing punters who have a similar intention, whilst using the multiplication factor to their advantage.

If a horse racing punter is confident that their three best bets for the day are going to shorten significantly from their current fixed odds, then they can multi them together in different combinations. The bets will look less sophisticated and the punter can get his wagers accepted to win a higher amount than he would normally be able to do.

If the three horses are $2.50 but will start at $2 then you can see the punter’s profit compounding:

Big Multi Bet Wins List

Two Leg Multi

Real odds (according to the starting price): $2 x $2 = $4.00

Professional Punter’s Multi: $2.50 x $2.50 = $6.25

Three Leg Multi

Big Multi Bet Wins

Real odds: $2 x $2 x $2 = $8.00

Professional Punter’s multi: $2.50 x $2.50 x $2.50 = $15.63

The professional punter is multiplying his considerable advantage over the market and getting odds that are 50-100% greater than the starting price.

Biggest Multi Bet Win Ever

Whilst this is an extreme and rare example you can see what some professional punters are able to with multiples.

Biggest Multi Bet Win

The BIG thing to remember, however, is that they are beating the starting price with each betting option. You’ll find it almost impossible to achieve these returns on sports betting, where the markets are less volatile.