Are you curious about what is a single bet? Well, a single bet is the simplest type of all sports bets – it is just a bet on a single selection in one event. Your selection must be successful to get a payout.
For example, a single bet could be a bet on which team will win the AFL Premiership. Bookmakers would list down the teams with their corresponding odds, like:
| Richmond | 5.00 |
| Collingwood | 7.00 |
| West Coast | 7.00 |
| Melbourne | 8.00 |
| Essendon | 12.00 |
| Hawthorn | 12.00 |
| Sydney | 12.00 |
| Greater Western Sydney | 14.00 |
| Adelaide | 16.00 |
| Geelong | 18.00 |
| Port Adelaide | 18.00 |
| North Melbourne | 26.00 |
| Western Bulldogs | 34.00 |
| Fremantle | 51.00 |
| Brisbane | 67.00 |
| St Kilda | 67.00 |
| Carlton | 151.00 |
| Gold Coast | 251.00 |
In the example above, Richmond is the favourite with odds of 5.00. If you select Richmond and stake $10 for a single bet, you get $50 in winnings if they win the AFL Premiership. Meanwhile, Gold Coast is the long shot with odds of 251.00. If you select Gold Coast and stake $10 for a single bet and they somehow win the AFL Premiership, you get $2,510 in winnings!
Another common single bet is a Head to Head bet in an AFL match. Bookmakers usually list down the teams going head to head with their corresponding odds, like:
| Collingwood Magpies | 1.14 |
| West Coast Eagles | 5.75 |
In the example above, the Magpies are the favourites with odds of 1.44 while the Eagles are the underdogs at odds of 5.75. If you select the Magpies and stake $10 for a single bet and they win the match, you get $11.40 in winnings. On the other hand, if you select the Eagles and stake $10 for a single bet and they win the match, you get $57.50 in winnings.
Single bets are also available on individual player accomplishments like who will win the Coleman Medal or the Brownlow Medal. A single bet can even be placed on which player will score the first goal in an AFL match.
With hundreds (even thousands) of matches, fixtures and sports events happening all year round, surely there’s a single bet that would tickle your fancy. Just remember to bet selectively, objectively weigh all the factors affecting your single bet and enjoy the thrill of the betting action!
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