Maximizing Your Winnings as a #1: The Ultimate Guide to Calculating Multi-System-Chain Bets
17 min read
Mutli-System-Chain strategy
Understanding the Different Odds Formats
Understanding the different odds formats is an essential component of successful sports betting, as it enables you to calculate potential payouts and make informed betting decisions. There are three main odds formats used in sports betting: fractional, decimal, and American odds. Here’s a breakdown of each format:
- Fractional Odds: This is the traditional odds format used in the UK and Ireland, and it’s expressed as a fraction. For example, odds of 5/1 mean that for every £1 you bet, you could win £5 in profit. The denominator represents the stake, and the numerator represents the profit. So in the case of 5/1 odds, if you bet £10, you would receive £60 back if your bet won (including your initial stake).
- Decimal Odds: This format is used in many countries around the world and is becoming increasingly popular due to its simplicity. Decimal odds are expressed as a decimal number, which represents the total payout including the initial stake. For example, odds of 5.0 mean that if you bet £10, you could win £50 in profit, plus your initial £10 stake back, for a total payout of £60.
- American Odds: This format is primarily used in the United States and is expressed as a positive or negative number. Positive odds indicate how much profit you could win on a £100 bet, while negative odds indicate how much you would need to bet in order to win £100 in profit. For example, odds of +200 mean that a £100 bet could win you £200 in profit, while odds of -150 mean that you would need to bet £150 in order to win £100 in profit.
It’s important to note that different bookmakers may use different odds formats, so it’s always a good idea to double-check which format is being used before placing a bet. Additionally, understanding how to convert between odds formats can be helpful, as it allows you to compare odds and find the best value bets.
Understanding the different odds formats is crucial for successful sports betting. Whether you prefer fractional, decimal, or American odds, knowing how to read and calculate odds can help you make informed betting decisions and maximize your potential profits.
What are Multi-System-Chain Bets?
Multi-System-Chain bets are a type of sports betting that allow you to place multiple bets on a single ticket, providing the opportunity to win bigger payouts. These types of bets are also known as combination bets, or parlays.
In a multi-bet, you choose multiple selections in a single event, and all of your selections must win in order for your bet to be successful. For example, if you were to place a multi-bet on a football match, you might bet on the outcome of the game, the first goal scorer, and the total number of goals scored. If all of your selections are correct, you would win your bet, and the payout would be higher than if you had placed each bet individually.
System bets allow you to bet on multiple outcomes in multiple events, with the potential to win even if not all of your selections are correct. System bets are a way to hedge your bets and spread your risk across multiple selections. For example, in a system bet, you might place bets on a number of different football matches, and select a number of different outcomes. If only some of your selections are correct, you would still receive a payout, albeit a smaller one than if all of your selections were correct.
Chain bets, also known as accumulator bets, are similar to multi-bets, but with an added twist. In a chain bet, you place multiple bets on a series of different events, with the outcome of each bet determining the stake for the next bet in the chain. For example, in a chain bet, you might place a bet on the outcome of the first football match, and if that bet is successful, the winnings are used as the stake for the second bet in the chain. If the second bet is successful, the winnings are used as the stake for the third bet, and so on. If any bet in the chain is unsuccessful, the entire chain bet is lost.
In summary, multi-system-chain bets provide the opportunity for sports bettors to win bigger payouts by combining multiple bets into a single ticket. Multi-bets require all selections to be correct in order to win, while system bets and chain bets provide a degree of flexibility and risk management, allowing for payouts even if not all selections are correct. When used correctly, multi-system-chain bets can be a profitable betting strategy, but it’s important to remember to only bet what you can afford to lose, and to always do your research and analyze the odds before placing any bets.
Multi-System-Chain bets are a type of sports betting that allow you to place multiple bets on a single ticket, providing the opportunity to win bigger payouts. These types of bets are also known as combination bets, or parlays.
In a multi-bet, you choose multiple selections in a single event, and all of your selections must win in order for your bet to be successful. For example, if you were to place a multi-bet on a football match, you might bet on the outcome of the game, the first goal scorer, and the total number of goals scored. If all of your selections are correct, you would win your bet, and the payout would be higher than if you had placed each bet individually.
System bets allow you to bet on multiple outcomes in multiple events, with the potential to win even if not all of your selections are correct. System bets are a way to hedge your bets and spread your risk across multiple selections. For example, in a system bet, you might place bets on a number of different football matches, and select a number of different outcomes. If only some of your selections are correct, you would still receive a payout, albeit a smaller one than if all of your selections were correct.
Chain bets, also known as accumulator bets, are similar to multi-bets, but with an added twist. In a chain bet, you place multiple bets on a series of different events, with the outcome of each bet determining the stake for the next bet in the chain. For example, in a chain bet, you might place a bet on the outcome of the first football match, and if that bet is successful, the winnings are used as the stake for the second bet in the chain. If the second bet is successful, the winnings are used as the stake for the third bet, and so on. If any bet in the chain is unsuccessful, the entire chain bet is lost.
In summary, multi-system-chain bets provide the opportunity for sports bettors to win bigger payouts by combining multiple bets into a single ticket. Multi-bets require all selections to be correct in order to win, while system bets and chain bets provide a degree of flexibility and risk management, allowing for payouts even if not all selections are correct. When used correctly, multi-system-chain bets can be a profitable betting strategy, but it’s important to remember to only bet what you can afford to lose, and to always do your research and analyze the odds before placing any bets.
Calculating Winnings in Fractional Odds
Fractional odds, also known as traditional odds, are the most common odds format used in the United Kingdom and Ireland. They are typically displayed as a fraction, such as 5/1, 3/2, or 8/11, and represent the potential payout for a successful bet.
To calculate your winnings in fractional odds, you need to multiply your stake by the odds and then add your stake back in. For example, if you place a £10 bet at odds of 5/1, your potential payout would be calculated as follows:
£10 x 5/1 = £50
Add your stake back in:
£50 + £10 = £60
So, your potential payout for a £10 bet at odds of 5/1 would be £60, which includes your original stake.
Another example is if you placed a £20 bet on a selection with odds of 4/6, your potential payout would be:
£20 x 4/6 = £13.33
Add your stake back in:
£13.33 + £20 = £33.33
Therefore, your potential payout for a £20 bet at odds of 4/6 would be £33.33, which includes your original stake.
It is important to note that in the UK, fractional odds are typically used for horse racing and greyhound racing. When placing a bet in a betting shop or online, you will usually see the odds displayed in fractional format. However, many online betting sites now also offer the option to switch to decimal or American odds, which can make it easier to compare odds across different sports and events.
Calculating winnings in fractional odds is a simple process that involves multiplying your stake by the odds and adding your stake back in. By understanding how to calculate your potential payout, you can make more informed betting decisions and maximize your winnings.
Calculating Winnings in Decimal Odds
Decimal odds are the most popular odds format used in Europe, Australia, and Canada. They are displayed as a decimal number, such as 2.00, 1.50, or 1.83, and represent the potential payout for a successful bet, including your original stake.
To calculate your winnings in decimal odds, simply multiply your stake by the decimal odds. For example, if you place a €10 bet at odds of 2.50, your potential payout would be:
€10 x 2.50 = €25
Therefore, your potential payout for a €10 bet at odds of 2.50 would be €25, which includes your original stake.
Another example is if you placed a €50 bet on a selection with odds of 1.80, your potential payout would be:
€50 x 1.80 = €90
Therefore, your potential payout for a €50 bet at odds of 1.80 would be €90, which includes your original stake.
It is important to note that decimal odds are often easier to understand and calculate compared to fractional odds. They are also more flexible, allowing for easier comparisons between different odds and sports. This is particularly useful when betting on multiple events or sports.
In the UK, many online bookmakers now offer the option to switch between fractional and decimal odds, allowing bettors to choose the odds format they are most comfortable with.
Overall, calculating winnings in decimal odds is a straightforward process that involves multiplying your stake by the decimal odds. By understanding how to calculate your potential payout in decimal odds, you can make more informed betting decisions and maximize your winnings.
Calculating Winnings in American Odds
American odds, also known as moneyline odds, are commonly used in the United States for sports betting. American odds can be displayed as either positive or negative numbers, and indicate the potential payout for a successful bet, based on a $100 wager.
Calculating winnings in American odds for a positive number is relatively simple. The odds indicate how much profit you will make on a $100 bet. For example, if the odds are +200, it means that you would make a profit of $200 on a $100 bet. To calculate your potential payout for a different bet amount, simply divide the odds by 100 and multiply by your desired bet amount.
For example, if you place a $50 bet on a selection with odds of +200, your potential payout would be:
(200/100) x $50 = $100
Therefore, your potential payout for a $50 bet at odds of +200 would be $100, which includes your original stake and a profit of $50.
Calculating winnings in American odds for a negative number is a bit more complicated. Negative odds indicate how much money you need to bet in order to win $100. To calculate your potential payout for a different bet amount, divide 100 by the odds and multiply by your desired bet amount.
For example, if you place a $75 bet on a selection with odds of -150, your potential payout would be:
(100/150) x $75 = $50
Therefore, your potential payout for a $75 bet at odds of -150 would be $125, which includes your original stake and a profit of $50.
It is important to note that American odds can be a bit confusing, especially for those who are not used to the format. However, by understanding how to calculate your potential payout in American odds, you can make more informed betting decisions and maximize your winnings.
How to Calculate Winnings in Multi-Bets
Calculating winnings in multi-bets, also known as accumulator bets or parlay bets, can be more complex than calculating winnings for a single bet. This is because multi-bets involve placing a bet on multiple selections, and the winnings for each selection are combined to determine the total payout.
To calculate the potential payout for a multi-bet, you need to first multiply the odds for each selection together. This will give you the total odds for the bet. Then, you can use the total odds to calculate the potential payout for your desired bet amount.
For example, let’s say you want to place a $50 multi-bet on three selections with the following odds:
Selection 1: 2.00 Selection 2: 1.75 Selection 3: 2.50
To calculate the total odds for the multi-bet, you would multiply the odds for each selection together:
2.00 x 1.75 x 2.50 = 8.75
The total odds for the multi-bet are 8.75.
To calculate the potential payout for your $50 bet, you would multiply the bet amount by the total odds:
$50 x 8.75 = $437.50
Therefore, the potential payout for your $50 multi-bet on three selections with odds of 2.00, 1.75, and 2.50 would be $437.50.
It is important to note that multi-bets involve more risk than single bets, as all selections must be correct in order to win. However, multi-bets can also offer higher potential payouts than single bets, making them an attractive option for some bettors. By understanding how to calculate winnings in multi-bets, you can make more informed betting decisions and increase your chances of success.
How to Calculate Winnings in System Bets
System bets are a type of multi-bet that involves placing a bet on a selection of multiple events, with the option to win even if one or more of the events in the bet do not result in a win. System bets are often preferred by bettors who want to mitigate the risks associated with multi-bets, as they offer more flexibility in terms of potential outcomes.
To calculate the potential payout for a system bet, you need to first decide on the number of selections you want to include in the bet and the number of outcomes you want to cover. Then, you can use a system bet calculator to determine the total number of bets that will be placed and the potential payout for each combination of outcomes.
For example, let’s say you want to place a system bet on four selections with odds of 2.00, 1.75, 2.50, and 1.90. You decide to place a “3 out of 4” system bet, which means that you will win if three of your four selections win, but you will still receive a payout even if only two of your selections win.
Using a system bet calculator, you can determine that a “3 out of 4” system bet on four selections will result in a total of four individual bets: three doubles and one treble. The potential payout for each combination of outcomes is calculated based on the odds of the selections and the number of winning outcomes.
Let’s assume that your desired bet amount is $50. The potential payouts for each combination of outcomes would be:
- Selections 1, 2, and 3 win: $291.67
- Selections 1, 2, and 4 win: $368.75
- Selections 1, 3, and 4 win: $312.50
- Selections 2, 3, and 4 win: $375.00
To calculate the total potential payout for your system bet, you would add up the potential payouts for each combination of outcomes:
$291.67 + $368.75 + $312.50 + $375.00 = $1,348.92
Therefore, the potential payout for your $50 “3 out of 4” system bet on four selections with odds of 2.00, 1.75, 2.50, and 1.90 would be $1,348.92.
It is important to note that system bets can involve a higher stake than a traditional multi-bet, as multiple bets are placed. However, they can also offer more flexibility and a greater chance of winning, making them a popular choice for many bettors. By understanding how to calculate winnings in system bets, you can make more informed betting decisions and increase your chances of success.
How to Calculate Winnings in Chain Bets
Calculating winnings in chain bets can be a bit more complex compared to other types of bets, but it is still relatively straightforward once you understand the basic principles. In essence, a chain bet is simply a series of single bets that are linked together, with the winnings from one bet rolling over onto the next.
To calculate winnings for a chain bet, you first need to understand the different types of chain bets that are available:
- Full cover: In a full cover chain bet, you select multiple outcomes across different events and combine them in a single chain. This type of bet allows you to cover multiple outcomes and still have the potential to win even if one or more of your selections lose.
- Single chain: In a single chain bet, you select a single outcome for each event and combine them in a single chain. This type of bet is more straightforward than a full cover chain bet but also carries more risk as all selections must win for the bet to be successful.
- Multi-chain: In a multi-chain bet, you select multiple outcomes for each event and combine them in multiple chains. This type of bet is the most complex but also offers the highest potential payout.
Once you have selected your chain bet type and placed your bets, calculating your potential winnings requires some basic math. To calculate your winnings, you need to multiply the odds of each bet in the chain together, and then multiply that result by your stake.
For example, let’s say you placed a full cover chain bet with the following selections:
- Event 1: Outcome A with odds of 2.0
- Event 2: Outcome B with odds of 3.0
- Event 3: Outcome C with odds of 4.0
If your stake is £10, the calculation would be as follows:
- Chain 1: A (2.0) x B (3.0) = 6.0
- Chain 2: A (2.0) x C (4.0) = 8.0
- Chain 3: B (3.0) x C (4.0) = 12.0
- Total potential payout: (6.0 + 8.0 + 12.0) x £10 = £260
In this example, if all three selections win, you stand to win £260. However, it’s important to note that if even one selection loses, the entire chain bet is lost, and you receive no payout. Therefore, it’s crucial to choose your selections carefully and consider the level of risk involved in each bet.
Advanced Examples: Calculating Winnings in Complex System-Chain Bets
Calculating winnings in complex system-chain bets can be a bit tricky, but it’s not impossible. In this section, we’ll go through some advanced examples of how to calculate your winnings in system-chain bets.
Example 1: A Yankee and Lucky 15 System-Chain Bet
Let’s say you’ve placed a system-chain bet that includes a Yankee and a Lucky 15 bet. Your Yankee bet includes four selections, and your Lucky 15 bet includes four selections plus four additional selections for a total of eight selections. You’ve decided to place a chain bet that includes all of the bets in the Yankee bet and the Lucky 15 bet.
Your stake is £1 per line, and the odds for each selection are as follows:
Selection 1: 2/1 Selection 2: 3/1 Selection 3: 4/1 Selection 4: 5/1 Selection 5: 6/1 Selection 6: 7/1 Selection 7: 8/1 Selection 8: 9/1
To calculate your potential winnings, you’ll need to break down the bet into its component parts. You have 11 bets in total: six doubles, four trebles, and one fourfold accumulator in the Yankee, and four singles, six doubles, four trebles, and one fourfold accumulator in the Lucky 15. This gives you a total of 21 bets.
For the Yankee bets, the total stake is £6 (£1 per line x 6 bets). The potential winnings for each bet are as follows:
- Double 1: (2/1 x 3/1) x £1 = £6
- Double 2: (2/1 x 4/1) x £1 = £8
- Double 3: (2/1 x 5/1) x £1 = £10
- Double 4: (3/1 x 4/1) x £1 = £12
- Double 5: (3/1 x 5/1) x £1 = £15
- Double 6: (4/1 x 5/1) x £1 = £20
- Treble 1: (2/1 x 3/1 x 4/1) x £1 = £24
- Treble 2: (2/1 x 3/1 x 5/1) x £1 = £30
- Treble 3: (2/1 x 4/1 x 5/1) x £1 = £40
- Treble 4: (3/1 x 4/1 x 5/1) x £1 = £60
- Fourfold: (2/1 x 3/1 x 4/1 x 5/1) x £1 = £120
The total potential winnings for the Yankee bets is £315 (£6 + £8 + £10 + £12 + £15 + £20 + £24 + £30 + £40 + £60 + £120).
Now a more tricky example:
Assuming you placed a Lucky 15 bet with a stake of £1 per line, here’s how you can calculate your potential winnings:
- Firstly, multiply the stake per line by the number of lines in the bet (in this case, 15): £1 x 15 = £15 total stake.
- Then, calculate the winnings for each of the 4 selections:
Selection 1: The horse won at odds of 4/1. So, the total return for the selection is calculated as (4/1 + 1) x £1 stake = £5. The profit for the selection is the return (£5) minus the stake (£1) = £4.
Selection 2: The horse finished 2nd at odds of 7/1. As this is a Lucky 15 bet, this selection qualifies for a consolation bonus. The bonus is usually double the odds for a place, but this can vary depending on the bookmaker. Let’s assume the bonus for a place is 1/4 of the odds. So, the total return for the selection is (7/4 + 1) x £1 stake = £2.75. The profit for the selection is the return (£2.75) minus the stake (£1) = £1.75. As this selection qualified for the consolation bonus, the bookmaker may also add an extra bonus to the overall winnings for the bet.
Selection 3: The horse finished 3rd at odds of 10/1. Again, this selection qualifies for a consolation bonus. So, the total return for the selection is (10/4 + 1) x £1 stake = £3.50. The profit for the selection is the return (£3.50) minus the stake (£1) = £2.50.
Selection 4: The horse didn’t place.
- Finally, add up the profits from each of the 4 selections to get the overall profit for the bet:
£4 (Selection 1) + £1.75 (Selection 2) + £2.50 (Selection 3) + £0 (Selection 4) = £8.25 overall profit.
So, in this example, if you placed a Lucky 15 bet with a £1 stake per line and all 4 selections were placed, your total return would be £15.25 (£7.25 in winnings plus your initial stake of £8).
Tips and Strategies for Maximizing Your Winnings in Multi-System-Chain Bets
Multi-System-Chain bets can offer exciting opportunities to maximize your winnings, but they also require careful planning and strategy. Here are some tips and strategies to help you make the most out of your multi-system-chain bets:
- Research and analysis: Before placing your bet, it is essential to research the teams, players, and conditions of the event thoroughly. Take into account any recent form, injuries, or other factors that could affect the outcome of the event.
- Bet within your means: System and chain bets can be complex and involve multiple bets. Ensure that you only bet what you can afford to lose, and always practice responsible gambling.
- Consider the odds: It’s essential to consider the odds when placing a multi-system-chain bet. You should look for events with high odds that have a realistic chance of occurring.
- Use a staking plan: It’s crucial to have a staking plan when placing multi-system-chain bets. This can help you manage your bankroll and ensure that you don’t lose all your money in one go.
- Take advantage of bonuses and promotions: Many bookmakers offer bonuses and promotions for multi-system-chain bets. These can include enhanced odds or money-back guarantees. Always check for the latest offers and take advantage of them where possible.
- Hedge your bets: Consider hedging your bets by placing additional bets on the opposite outcome. This can help minimize your losses and maximize your winnings.
- Don’t chase losses: If you’ve suffered losses in a multi-system-chain bet, don’t chase them by placing more bets to try and recover your losses. Instead, take a break and come back with a clear head.
By following these tips and strategies, you can maximize your chances of success and increase your winnings when placing multi-system-chain bets. Remember to always gamble responsibly and only bet what you can afford to lose.
