Sporting and novelties markets allow you to place bets on either single legs or multi bets. By selecting multiple single legs, members will be offered a multi-bet price in the bet slip.
Single Legs – allow you to place a single bet on a market of your choice. This can be match betting or selecting a player-specific market.
Multi Bets – allows customers to place multiple single lets into one larger bet. Multi-bets will increase your odds depending on how many legs you select. In the multi-bet option, the odds of each leg are multiplied together to produce the total odds of the bet. You will then multiply the odds by your stake to calculate your potential payout.
E.g. You stake $10 on the below multi-bet.
Manchester City to win vs Liverpool – Odds $1.70.
Western Bulldogs to win vs North Melbourne – Odds $1.30.
Melbourne Storm to win vs Penrith Panthers – Odds $2.05.
Denver Nuggets to win vs Miami Heat – Odds $1.50.
Total Odds = $1.70 x $1.30 x $2.05 x $1.50
= $6.80.
To calculate your potential winnings
$10 (Stake) x $6.80 (Multi Odds) = $68 potential winnings.
Same Game Multi – option allows you to place a multi bet within the same match or event, on selected Sports and competitions.
Same game multi-bets are calculated differently from a regular multi-bet, as the calculation has to consider the interrelationship between each leg selected.
Traders will provide composite odds for your selections you make within the same event or race.
What happens if there's a void in my multi?
- Multi Bets – Voided leg will be removed from the multi, and the odds will be recalculated on the remaining legs.
- Same Game Multi/Same Race Multi – If one or more of your legs in a Same Game/Race Multi have been voided, then your entire Same Game/Race Multi will become void and your stake will be returned. However, if the Same Game/Race Multi is a leg in a standard multi bet, then the multi stands and is settled on the remaining legs, excluding the odds of the voided Same Game/Race Multi.
Why are my odds different in a Same Game Multi bet to a standard Multi bet?
Same Game Multi bets are calculated slightly different to standard Multi Bets to take into account the correlation of each leg.
A standard Multi bets allow you to select a series of sports and/or racing bets and combine them to increase your return.
Example:
You want to place a $10 bet (stake) on the 3 legs across Racing, AFL & NBA.
- Leg A: Racing - Winx to Win at $1.10
- Leg B: AFL - West Coast Eagles to Win by 0-10 at $2.00
- Leg C: NBA - Golden State Warriors to Win at $1.40
Multi bet odds are calculated by multiplying the odds of each selection/leg i.e.Multi bet odds = $1.10 * $2.00 * $1.40 = $3.08
Multi bet returns are calculated by multiplying the amount bet (stake) by the calculated Multi bet odds i.e. Stake * Multi bet odds = $10 * $3.08 = $30.80.
In the above example, Winx winning it's race has no impact on West Coast Eagles to win by 0-10, but in a SGM, the legs involved are related and can impact each other.
A standard Same Game Multi bet allows you to select a series of selections from a single game and combine them to increase your return. However the key difference in how they work is that the legs are related, unlike a multi bet.
Example:
You place a $10 bet (Stake) on a 3 leg AFL Same Game Multi at $4.00.
- Geelong to Win at $1.10
- Tom Hawkins to Kick 3+ Goals at $1.30
- Patrick Dangerfield to have 30+ Touches at $3.45
SGM odds are not calculated just by multiplying the odds, they take into account that each leg can impact the other. In this case, If Tom Hawkins has kicked 3 goals & Patrick Dangerfield has 30+ touches, it's more likely that Geelong is going to win therefore the odds are not just a combination of the individual leg odds (1.10 * 1.30 * 3.45 = $4.93).