A single bet is a wager on only one outcome of a sports event, the simplest type of bet in sports betting. You win if you are right and you lose when you are not. For instance, when you stake $10 on Manchester United to beat Chelsea with even odds of 2.00 and they win, you will be rewarded $20 as your $10 multiplied by 2.00. On the other hand, in case they lose or draw, you will get no refund. They are your favorites for the single bets mainly because only one outcome is the focal point and the losses are low when you go this way in comparison with the accumulator, a correct prediction is required to win, This is why beginners or people who prefer a safer betting strategy will find these a great option.
The only difference between a single bet and a multi bet, which is also called an accumulator or combo bet, is the number of selections you are betting on. A single bet is the kind of wager in which you predict the outcome of a single event. You will be either paid or deducted of it according to that. For instance, your bet could be that Arsenal will be the winner of the match. This is your only bet, so it is your bet result that is going to be settled according to the outcome of that game. If Arsenal wins, you win; otherwise, you lose.
A multi bet, on the other hand, consists of putting together two or more bets on a single bet slip. This means that you must correctly predict the result of all the matches to get your money. Just to explain a bit easier, if you place a multiple bet on the victory of Arsenal, Real Madrid, and PSG, then you shall be the winner only if all 3 teams are victors. If one of them loses, you lose the full bet. The risk of a wrong prognosis is not worth the reward. A much higher risk with no guarantee of winning is a possibility.
Winning a single bet demands deep investigation, sharp tactics, and a bit of patience. Due to betting on just one result, you should focus on making the most accurate prediction. To begin with, the first step is to analyze team form and check how the team has been performing in their recent matches. One aforementioned fact worth noting is that a team that has a winning streak is more likely to win than one that has been losing frequently. In addition, you should check the head-to-head record, some teams always have problems with some opponents, so the previous games will give you hints about the next games. Besides that, these are injuries and suspensions, if the team's top striker or goalie is missing, their chances of winning decrease significantly. Moreover, look at the betting odds because bookies sometimes give you high odds that tell you the team you select could be influenced by team issues or players’ injuries. Furthermore, regard factors like home advantage, weather conditions, and team motivation (e.g., teams fighting relegation often perform better than expected). The most effective way to play and win regularly on single bets is playing in markets that give you some advantage, like Over/Under Goals, Both Teams to Score, or Double Chance instead of always playing Match Winner (1X2). Lastly, there will be no emotional betting in that case, as the best way to approach your bets will always be logic and facts, not personal bias or team affection.
A single bet can be calculated by multiplying your stake (the amount you bet) by the odds of your selection. The result, in case your bet wins, will be the total payout, which both includes your loss and your profit. If your bet loses, you lose your stake. However, let's see an example, say $10 you wager to a team at 2.50 odds, then the computation is this way:
Payout = Stake x Odds Payout = $10 x 2.50 = $25
Your profit is $25 - $10 = $15, as the payment depends on your initial stake. If the bet is not successful, you will only lose your $10 stake.
If you want to make a bet, first pick out some of the honest betting sites like Bet365, Bet9ja, or Nairabet, then you can either sign up or log in. Then, you can deposit the money into your account, by either a bank transfer, card payment, or e-wallet. When your account is charged, look around the one you love, say football, basketball, or tennis, and pick a match you want to bet on.
Determine your play like "Match Winner," "Over/Under Goals," or "First Goal Scorer" and then check the odds. Pick the amount you want to stake in your bet ticket, it could be $10 or even $50, and read and double-check to see if all you wrote is accurate. In conclusion, clicking "Place Bet" is the final step. If the result is right, you will get paid out according to the odds; if the bet loses, you lose your stake. Single bets are simple and perfect for beginners since they only require one successful estimation to win.
