Multi Bet Tips

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Understanding Multi Bets in Horse Racing

A Multi is becoming an increasingly popular bet type, especially in horse racing and this is why you’ll see heaps of Multi bets tips going around. At OnlyRacing, we have a dedicated category just for Multi tips, that’s how important we view the bet type.

There are many different ways a Multi can work, but on the whole, it is multiple bets that are contained within the same bet. For example, you could place two different Win bets on a particular day, or you could combine the bets, meaning they would both have to win for the overarching Multi bet to be successful.

What Are Multi Bets and How Do They Work?

It isn’t too difficult to understand the ins and outs of Multi bets and they can be a lucrative way of bringing in more cash. Each single bet within your Multi is called a leg and all the legs in your Multi need to be successful for it to be a winning bet.

The options are almost endless when it comes to the number of legs you can include in your Multi, as well as the range of racing and sporting events added. Each time a leg is successful, the winnings from that leg are then automatically reinvested into the next leg. 

This is why you’ll see higher odds for a Multi compared to if you bet on the individual legs separately. The more legs you add to your Multi, the more difficult it becomes to land. You’ll see at OnlyRacing, that our Multi bets tips usually feature three legs.

Types of Multi Bets Available in Horse Racing

Multi bets are a great way to expand your betting experience in horse racing and there are different types of bets available within this category. Within our free multi tips article that we produce daily, we include some of the types listed here in this section.

Multi-Leg Bets Explained

You have a decent level of freedom when it comes to how many legs you wish to include in your Multi. As we previously explained, the more legs you add, the more difficult the Multi becomes to land. The amount of legs you can add to your Multi may differ between betting sites, but it is usually around the 20 mark.

The legs you include don’t have to stick within the one racing or sporting code either. You can create a Multi that includes greyhound betting options and AFL betting options if you wish. The breadth of markets that you can add to your Multi will depend on the bookie, we find that new betting sites may have limited options compared to more established bookies.

Multi-Win Bets

In horse racing, one of the most simple bet types is the Win bet. You can combine different Win bets into a Multi for a chance to win more cash in your back pocket. The Multi bet tips we provide every day will usually feature this type of Multi.

If you are confident in some of the Win bets you’ve had your eye on, adding them into a Multi bet is an easy way to get more value. Some betting sites will even offer promotions around Multis so that if one leg fails, you get your stake back in bonus bets.

Multi-Place Bets

A Place bet involves choosing a runner that you think will finish in the top three of the race. Just like with the Multi-Win bet, if you combine multiple Place bets into one bet, you have a Multi-Place bet! The odds might not be as high as the Multi-Win bet, but you have three chances of winning.

The Multi tips you find here at OnlyRacing will include Multi-Place bets. If we like the look of a runner but aren’t sure it will win, we add this to our Multi-Place bet as a way to get higher odds. It’s another way we can keep the excitement going for a little longer, especially if it all comes down to the final leg!

Strategies for Successful Multi Bets

If you’re looking for a way to boost your chances of success with Multi bets, we have a few strategies and tips for you. If you want to venture out on your own and try Multi bets yourself, that is totally fine. We do, however, offer daily Multi bets tips for those who prefer to leave it to the professionals!

Tips for Crafting Effective Multi Bets

When it comes to your Multi bet strategy, there are some tips we can provide to make them more effective:'

  • Use bookies that offer Multi bets promotions (we have a full list of online bookmakers for you to check the various promotions available).
  • Choose the bookie that offers the best odds.
  • Don’t go overboard with the number of legs you add.
  • Try not to cash out if you can help it.
  • Avoid paying for Multi tips (the Multi bets tips available with OnlyRacing are free!).

Key Factors to Consider When Placing Multi Bets

There is a whole realm of factors that you should consider before you place a Multi bet. The different factors each hold a different level of weight of influence and we’ve got two factors in particular that hold a significant amount of influence. 

When we produce our Multi bet tips, the two main factors we consider include:

Analysing Horse Form Across Multiple Races

The best Multi bets today, like the ones you will find at OnlyRacing, will always analyse the recent form of the runner in question. Recent form is very important to look into, but you shouldn’t just take it at face value either.

For example, a runner might have won their last three races in a row, but against a lower level of competition and now they are competing in a more difficult race, with tougher competition. Also, look through the runner’s performance at the same track and trip.

Assessing Jockey and Trainer Performance

Another important consideration is the performance of the jockey and trainer. Don’t forget that some jockeys and trainers have a good partnership, so that needs to be considered as well. Some horses perform better under different training styles, so that should be investigated.

Any Multi betting tips for today need to take a closer look into how well the jockey has been performing as of late. Also, look into whether the jockey has previously ridden on the runner and what the results of those races were.

Tracking and Managing Your Multi Bet Investments

If you have just a couple of legs in your Multi, it shouldn’t be that difficult to track. However, if you’ve gone all out with your Multi, this is where things can get a bit difficult. For the best Multi bets you find at OnlyRacing, we usually only include three legs, which makes things much easier.

How to Keep Track of Your Multi Bet Outcomes

It has never been easier to keep track of your Multi bet results, as bookies usually provide almost real-time results. So, for example, if the first race in your Multi has finished and you picked the correct runner, that leg will be marked as successful and your Multi is still live.

If your first leg wasn’t successful, you’ll probably find that the entire Multi has been moved into your past bets (no longer in your active bets section). While your Multi is still sitting in your active bets section, it will also display at what time each of the legs is due to take place, so you can manage your time and potentially watch the event.

Budgeting for Multi Bets: Money Management Tips

Gambling should be a fun experience, but things can take a sour turn if proper money management isn’t followed. Here are some budgeting tips when it comes to Multi bets:

  • Set a budget and stick with it.
  • Divide your bankroll for variety, so you aren’t sticking with just one bet type.
  • Finalise a bet size that fits in with your bankroll.
  • Avoid chasing losing and know when it’s time to have a break.
  • Set a limit for the maximum loss amount.
  • Take advantage of any bonuses or promotions.

Understanding the Risks and Rewards of Multi Betting

Before you go out looking for the best Multi bets this weekend, you must understand both the risks and rewards of Multi betting. The main risk around Multi betting is that all your legs are tied up within the one bet, so it just takes one weak link and your whole Multi fails.

You may have already heard stories from other bettors about the time their massive Multi lost by just one leg! If you can handle the pressure of having all legs tied up with the same bet, then the rewards can be pretty amazing.

With increased risk comes increased rewards. You’ll find the odds are higher for the same markets if you place them all within a Multi compared to if you placed separate single bets. Your payout will be higher, so you’ll find that sometimes it is worth the risk.

FAQs About Multi Bets

If you still have some questions, then you’ve come to the right place as we’ve got some answers. We have a Multi bet explained and so much more right here in this section. All the most common questions about Multi bets are answered here.

Where can I find the best Multi tips?

Here at OnlyRacing of course! We offer daily Multi bet tips articles, so there’s always something new on the horizon. Our experts take the time to explain their picks to you and provide additional insights as well.

Can you place Multi bets at every race track in Australia?

Yes! It doesn’t matter the track you are looking at, you can place a Multi bet if you wish. The main factor to consider is the betting site because some might have limited options you’re able to include in your Multi. We provide tips for all the main tracks around the country that you can add to your Multi, including:

Which betting apps have the best Multi product?

Multis are pretty much available at every bookie, but they all do it slightly differently (some better than others). We have found that the more established betting apps have a wider range of markets available that can be included in the same Multi.

Is live streaming available with Multis?

This will depend on which bookie you are choosing to place your Multi with. A select few bookies offer live streaming services, so you can watch the races included in your Multi. However, it’s important to check which bookies offer live streaming for horse racing and which races are available.

Can I bet live with Multis?

No, live betting is not available with Multis as a live bet would consist of a single bet, not multiple legs combined into one Multi. Putting together a Multi needs to be done before the first event is due to start.

Which betting sites are best for Multis?

There are many considerations for betting sites when it comes to Multis. Apart from having a good Multi product, a fast withdrawal speed is another thing to consider. Betting site’s payment methods that include fast withdrawals are highly regarded these days. Also, the range of methods available is important, these days there are plenty of PayPal betting sites available.

Can I include different racing codes within the same Multi?

Yes! You can certainly add legs from all three different racing codes for the same Multi if you wish. You’ll find that there are plenty of harness racing betting sites that will accept Multis that include legs from harness racing, horse racing and even greyhound racing.

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