I have to get 3 (odds on) winners to finish in front versus 1 (even money) winner. Much more risk in first option imo.

No Moeee, that's not it.

The even paying 3 multi has alot more variance than if you had bet the 3 as singles.

You don't compare an even paying multi to a single of the same payoff. You compare the multi to betting each leg as a single.

For all your wisdom Mr J you surprise me this time.
Surely an even money chance has a 50% chance of occurring whether it is a horse race,a spin of the roulette wheel or anything you care to mention?
Let's take roulette for example.
I'll give you even money plus 15% that 2 blacks will come up in the next 4 spins.?
Would you take this bet.
YOU BETCHA WOULD.

Moeee, you're not getting what I'm saying. You aren't meant to compare a single priced $2.00 to a multi priced at $2.00. You have to compare say two bets of $1.42, and putting them tother in a multi which would pay roughly $2.00.

Ie betting Team A at $1.42 and then team B at $1.42 gives much less variance than betting Teams A & B in a $2.00 multi.

You see variance obviously goes up when you put them in a multi instead of betting them single. This is due to needing them both to win. Now since variance has gone up, there is much greater risk of overbetting, which in turn very often leads to ruin.

The other thing to consider (although it doesn't really matter if you are just a casual bettor), is that betting singles allows you to get the best prices at different books. A multi means taking the prices offered by a single book. Shopping around for the best prices is often worth enough to counter the house edge (ie break even vs the bookie).

i did this today, i think this is certain.

TENNIS:
Roddick v Mirnyi
RODDICK LOST
Henman v Youzhny
HENMAN LOST
Massu v Hewitt
HEWITT WON

@ 2.02 BET: $50 PAYOUT $100.95


I know this is short but I'm confident I'll make a sure lazy $50.

You were right Stats and Knowledge. I shoulda done more homework on those.




[ This Message was edited by: dc on 2004-11-05 15:18 ]

******.. where do you get multis like that? my stupid betting agency doesn't let me create multis. That has to be one of the best value bets I've ever seen dc.

Good luck.

Hey Knowledge ,Im on CENTREBET. yeah you can create your own multi's, adding in other sports too.I thought centrebet is very well known?. I just joined and like it. I had a good win from Bush from there too, heh.

my man youzhny is going to cost you $50
SURE THING!!

stats... i sure hope not cause ive got a $100 head to head on him @ $1.50 too.

He is a little risk but i feel HENMAN can win it! Im actually a bit concerned about Hewitt chokin' ya know... with Kimmi on his mind and stuff.

Henman is the biggest choker of them all, but I think he can win. This is a tournament he's won before.