Multibets are proving to be an extremely popular way to bet and we show you have to place your multis and win big with our essential guide.
First of all, multis offer a great way to secure big winning returns on your bets as you combine various bets into one.
A multibet can be placed at bookmakers like
CrownBet and
Sportsbet, who offer the opportunity to combine any number of bets from two to 25 into one single bet.
Each individual bet is referred to as a “leg” of a multibet and you will need all results to go your way to bag a winner.
The payout from each leg of the bet is used as the stake for each following leg in your multi bet, until all legs are completed.
So if you placed $5.00 on Hawthorn to win at $2.00, you would win $10. That $10 would then go onto the next leg of your multi and so on.
By the time you get to the last leg of the bet, you could have a vast amount of money being staked.
If you're brave, you'll let it all roll on the last result. If you're not, you may wish to cash out with Sportsbet now offering the chance to get out of bets early for a guaranteed return.
Multibets can turn small stakes into something big - and many punters have done so, including one individual who won $49,000 from two separate multis on the same day.
You can combine racing bets and sports bets from across anything a bookmaker offers and placing multis couldn't be easier.