Single Betting or Accumulator Betting: Which one is the best?

Is singles betting or parlay betting the best way to go when placing your bets at Housebets.com?

Knowing the type of bet to place could be a difficult thing to do even for professionals with years of betting experience.

This is because there are many sports and different markets to choose from irrespective of the online platform you use.

However, one thing is certain, irrespective of the sport or market you choose, you can only place two types of bets, Single or Multi.

What is a Single Bet?

A single bet is a type of bet you place with only one event on your slip, meaning you cannot combine other games or markets.

However, you are allowed to choose any market you want on that single slip. Eg: You can bet on Moneyline, Overs or Prop bets.

For example: You can bet on Liverpool to beat Chelsea in their Premier League this weekend.

In this type of bet, you are placing money on Liverpool to win and that will be the only option on your slip.

How do I win a Single Bet?

Winning a single bet is simple and easy, all you need is for your selected option to play out.

For example, if you bet on Liverpool to beat Chelsea, you will win your bet as long as Liverpool win.

Advantages of Single Bet

The risk level is low because you are betting on a single game.
You don’t have to worry about other games since you are only focused on your games.
It gives you enough time to research.

Disadvantages of Single Bet

The odds are small because you are betting on a single game.
You need a huge capital to gain massive profit because you are betting on a single game.
There is no guarantee.

What is Multi Bet?

A multi bet is also known as an accumulator or parlay betting. It’s a type of bet which has more than one event on a slip.

For a bet to be a multi bet, there has to be a minimum of two events on the slip, although there could also be a maximum depending on the sportsbook.

In a multi bet, you can combine different markets but not for the same event or game. For example, you can bet on Liverpool to win against Chelsea but you cannot bet on Liverpool or Chelsea to score over 1.5 goals on the same ticket.

In a multi bet slip, you can combine different sports on the same slip and different markets.

However, you cannot combine different markets on the same event on the same slip.

How Do I Win a Multi-Bet?

For your multi bet to be a winning bet, all your bets on a single slip need to play out exactly the way you selected them.

For example, if you bet on Barcelona to beat Real Madrid, Rafael Nadal to win a set against Novak Djokovic, and Chelsea to score over 2.5 goals against Tottenham Hotspur in a single slip, the three outcomes need to play out for you to win the bet.

This means that if one of the outcomes does not happen, you will lose the bet irrespective of what happens in the other game.

For you to win the bet, Barcelona must beat Real Madrid, Nadal has to win a set against Djokovic and Chelsea must score at least three goals against Spurs.

This rule applies to all multi bet tickets irrespective of the number of games on that single slip.

Advantages of Multi Betting

Higher Returns: An accumulated bet allows a player to earn potential massive returns with a small stake.

Because the odds are multiplied together, it increases the odds value, thereby increasing the potential return.

Flexibility: Accumulator allows a player to be flexible when making his picks. You can combine different sports and different markets on a single betting slip.

Disadvantage of Multi Betting

High Risk: Given you need all outcomes to play out, accumulator betting has a higher risk. If one of the picks fails to play out as expected, you will lose the bet.

Unrealistic: Accumulator betting can also make a player unrealistic with his betting goals.

While there is no issue in chasing millions, the likelihood of that happening by playing accumulator bets is low.

Can I Place Single and Multi Bets at Housebets?

Yes, you can place a single bet at Housebets and also multi bets or accumulators on the site. Housebets has you covered with your betting needs.

How do I deposit to fund my bets at Housebets?

It’s easy and simple as long as you follow the simple steps below:

Go to Housebets.com
Log into your account or sign up if you don't have an account
Click on Wallet
Click on Deposit
Click here to view and select your preferred Cryptocurrency
Choose your preferred Cryptocurrency and network
Copy the Wallet address or scan the QR code and transfer from your wallet.
Coins will be deposited automatically after 6 network confirmations.

Why should you choose housebets?

Housebets has some of the best offers on the site and amazing bonuses including, a 200% welcome bonus and a chance to pre-mine $1M of tokens. Also, you get to enjoy easy transactions. You can deposit into your account with any preferred currency of your choice with a fast payout option on winnings.

There is a wide range of casino games to choose from. In the sportsbook section, you can also bet on live events, tennis, American Football, Soccer, Basketball, and other sports.