Multi Millionaire: How It Works

Multi Millionaire is a unique $1 fixed-odds Mystery Bet that gives you the chance to win an $8 million fixed-odds payout. It's a sports bet - every outcome is decided purely by the results of the matches on offer that week.

What is a Sports Multi Millionaire bet?

Every Multi Millionaire bet is a unique 24-leg multi built from the selected matches and markets on offer for the week. If all 24 legs of the multi are winners, it returns the $8 million fixed-odds payout. Each bet costs $1.

What is a 24-leg multi?

A 24-leg multi is a single bet made up of 24 separate outcomes. All 24 outcomes need to correctly result for the bet to win the top payout.

What is a Mystery Bet? 

A Mystery Bet is a bet where the selections are chosen for you. When you place a Multi Millionaire bet, you receive a 24-leg multi with a randomly generated set of selections, based on the matches and markets on offer for that week. You’ll only be able to see your specific selections once you’ve placed the bet.

Each combination is only ever generated once, so every bet is unique.

How are my selections chosen? 

Each week, we select a group of matches to build Multi Millionaire around - typically around 4 matches. The matches on offer each week will be a mix of sports, including AFL, NRL, Soccer, NFL & NBA. To start with these will usually be AFL and NRL games, though the sports on offer can change from week to week (for example, moving to Soccer, NFL and NBA as seasons change).
Here's how those matches become a 24-leg multi:

1. Start with the matches - the games selected for that week.
2. Split into period - Each match is split into its natural periods, such as quarters (e.g. AFL) or halves (e.g. NRL).
3. Add markets - each period carries 2 markets, for example Total Points (over/under) and Team Handicap.
4. That makes 24 legs - together, these markets add up to the full 24-leg multi.

Example: 2 AFL matches split into quarters, with 2 markets per quarter (2 × 4 × 2 = 16 legs), plus 2 NRL matches split into halves, with 2 markets per half (2 × 2 × 2 = 8 legs) - 16 + 8 = 24 legs.

You can always see the exact matches and markets for the current week on the home page under "Play" → "This week's events" → "Event Markets".

Can I choose my own selections?

No. Every Multi Millionaire bet is a Mystery Bet, so you can't pick or influence the legs. When you buy, you're randomly assigned a unique 24-leg combination based on that week's matches and markets.

How do different bets have a near-equal chance of winning?

Each leg of the multi is a 2-way market with a near 50/50 chance of resulting either way (for example, total points over or under). Sportsbet sets each Over/Under line at the time the Multi Millionaire round commences, based on our best estimate of where the true probability sits at 50/50.

So whether your leg is on one side of the market or the other, it has a near-equal chance of correctly resulting. Because every bet is built from the same matches and markets, all bets have a near-equal chance of correctly resulting all 24 legs. No bet is "better" than another, and no skill or selections are involved.

Where can I see the matches and markets for the week?

Before placing any bets, you can review that week's matches and markets on the home page under "Play". Scroll down to "This week's events" and tap "Event Markets" to see the full list of markets your bets will be placed on.

When does Multi Millionaire take place?

Multi Millionaire runs weekly. Each week offers a new set of matches and markets, and a fresh chance to win the $8 million fixed-odds payout.

• Bet sales open each week on Tuesdays at 5pm.
• Sales close at the start of the first match, or once all available bets for the week are sold out - whichever comes first.
• Match start times vary week to week - you can see them on the Multi Millionaire home page under "This week's events".

Your bets are resulted as the selected matches play out that week.

How do I place a bet?

Head to the Multi Millionaire section from our home page and& then Select "Buy now" via the "Play" tab . On the bet placement screen, choose the number of bets you'd like - either a pre-selected bundle or a custom amount - then confirm.

Payment is made using your existing Sportsbet account balance. If you don't have sufficient balance, you'll be directed to deposit funds before finalising the bet.

How much does each bet cost? Can I place more than one?

Each bet has a fixed stake of $1, and the maximum number of bets you can place per round is 10,000. You can buy pre-selected bundles or choose a custom amount.

To avoid any issues when placing bets, there's a limit of 500 bets per transaction. If you'd like more, just re-enter the purchase screen and start a new transaction.

Does buying more bets improve my chances?

Each bet is a unique 24-leg multi, so the more bets you hold, the more chances you have that one of them correctly results all 24 legs.

What if I miss out?

Sales open on Tuesdays at 5pm and close when the first match starts or once all available bets are sold, whichever comes first. If you miss a week, try again next week when the bets reopen.

How do I win the $8 million fixed-odds payout?

Each bet is resulted on the outcomes of that week's matches and markets. If one of your bets wins on all 24 legs, it returns the $8 million fixed-odds payout.

Can more than one bet win the $8 million payout?

No. Even though all bets are placed on the same matches and markets, every bet is unique - only one bet can correctly result all 24 legs and win the $8 million payout. It's never shared.

What is a Progress Payout and how do I win one?

A Progress Payout is a fixed-odds payout for bets that correctly result at least 6 legs before being knocked out.

The moment one of your bets misses a leg, it's knocked out and is no longer eligible for the $8 million payout. But if it correctly resulted at least 6 legs beforehand, it returns a Progress Payout. The more legs your bet correctly resulted before being knocked out, the higher the Progress Payout.

Legs are counted in order from the very first leg (Leg 1). The Leg Order is the same for all Members and all bets in a given Round.  The Leg Order is fixed at the time the Round is configured and will not change regardless of when a match actually starts or ends.

Do I win money on each leg as it results?

No. Legs don't pay out one at a time. Your payout is worked out and paid the moment one of your bets either correctly results all 24 legs (returning the $8 million payout) or is knocked out (and, if eligible, returns a Progress Payout).

Why did my bet get knocked out?

A bet is knocked out the moment one of its 24 legs fails to match the real outcome of the match and market it's based on. Once knocked out, a bet can no longer win the $8 million payout - but if it correctly resulted enough legs beforehand, it may be eligible for a Progress Payout.

What happens if a match is delayed?

A delay doesn't change the order your legs need to result in. As long as the match is still played on its originally scheduled day, your legs are resulted in the originally scheduled order - even if matches end up being played in a different order on the day.

If an event isn't played and officially resulted on its originally scheduled day, that leg and every leg after it are void.

Here's what happens to your bet:

• If you'd already qualified for a Progress Payout, you'll be paid out based on the legs you'd successfully resulted up to that point.
• If your bet is still live but hasn't yet reached a Progress Payout, your $1 stake will be refunded.
• If your bet had already been knocked out before the void, it stays knocked out — no refund applies.

What does "your bets still alive" mean?

"Your bets still alive" shows how many of your bets have, up to that point, correctly resulted all of their legs - meaning they're still in the running to win the $8 million payout. If a bet misses a leg, it's knocked out and no longer appears in "your bets still alive".

How can I track the scores and results?

On the Multi Millionaire MyBets summary page, scroll down and tap the event card under "Events" to track scores on the scoreboard, or tap "View event" for the dedicated event page.

You can also track scores on your bet receipt: tap "View your bets" on the MyBets summary page, select an individual bet, then tap "View scoreboard" under the match you want to follow.

What do the coloured dots in the progress bar mean?

On the MyBets Summary page (an overview of which legs have played, are live, or are still to come):

• Green: the leg has ended and at least one of your bets was still alive after it.
• Yellow: the leg is currently live / in play.
• No colour: the leg hasn't started yet.
• Grey: all your bets have been knocked out - you no longer have any bets in the running that week.

On an individual bet ("View your bets"):

• Green: the leg has ended and your bet correctly resulted the outcome.
• Yellow: the leg is currently live / in play.
• Red: the leg has ended and your bet did not correctly result the outcome.
• No colour: the leg hasn't started yet.