A multiet, also known an All Up Bet or a Parlay Bet, is a combination of single bets that, when put together, multiplies your bet. All selections in the multibet must be successful for the wager to win.
A multibet is best used to increase your odds by multi-betting two or more bets. For example, you can choose an AFL team to win a match, combine it with an NRL team to win the Premiership, then combine it with a golfer to win a tournament.
Then, you placed a $30 stake for the above multibet. You have instantly increased the odds of your $86 (4.30 x 4.00 x 5.00) to win $2,580 ($30 x $86) by simply multibetting!
Let's take another example:
Let's say you placed a $50 stake for the above multibet. You have instantly increased the odds of your $59.475 (5.00 x 6.50 x 1.83) to win $2,973.75 ($50 x $86).
Multibets are not limited to selections from different sports. Same game multibets are also available where you can bet on head to head matchup for a game, then line of the same game, then the quarter or half time margin.
However, take note that bookmakers have a limit to the payout for a multibet so please be sure to check out the payout limits before even considering a multibet.
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