partypooper, on the example you provided im just trying to get my head around taking that approach.

So say game 1 is AFL game with $1.38 fav.

Game 2 is where you've got the $1.12 fav and $6.50 dog.

You've multi'd the $1.38 and $1.12 options for a $1.55 return using $100. And then you hedge out on the opponent to lock in a return of $30 roughly regardless.

But if you just placed the original $100 on the $1.38 team only, you've got a return of $38. Understandably you could lose your $100 but this would happen anyway if they lose under the other scenario.

Just checking if i've missed something here or my thinking is correct. Essentially using the multi approach you're allowing the bookie to pocket the juice thats already in the odds again instead of it being in your pocket.

EDIT: I understand that $8 gap doesn't sound like much but do it enough times and it adds up