Singles VS Doubles.. the TRUE story...

[Effi C]

I know a lot of you been asking whats better, singles or doubles... some of you got to the conclusion that its up to the punter's preference - does he like High risk and high winnings, or low risk and low winnings... well, the TRUTH is, its not the case at all! Lets start by simply explaining how the bookies make money from us, lets take bet365 for example, and any NBA game (you can take any other type of games, but with NBA is easier to demonstrate my point). The odds for home win (-0.5) is 1.9, away win (+0.5) 1.9, no tie optional here. we can see that the home and away win odds are similar, so its a 50/50 game. In an ideal world, if you had bet 2 times on this game, one time you won and one time you lost, you should now be without any profits nor losses. lets say you invested 100$ per game: so total investment: 200$ total winning prize: 200$ bet is FAIR. with bet365, if you win one and lose one (bare in mind its 50/50 game!), its like this: total investment: 200$ total winning prize: 190$ meaning you lost 10$ on a 200$ investment and it doesnt matter whether your bet won or lost. (its like you paid for a FAIR bet of 95$ on each game, plus an extra 5$ fee for each game). This way we can see that on every single bet we place, we automatically lose 5% of it (paid 200$, but bet is really for 190$). If you want some math to go along with it: 1/1.9 + 1/1.9 = 1.05 which means for every 1$ you wanna FAIR bet, you pay 1.05$ so each 1$ you pay breaks down to this: 1/1.05 = 0.95 goes to FAIR BET 0.05 cents goes to bookie. OK, so after we know that for each single, we LOSE 5% of our investment, lets check the situation what happens with DOUBLES. lets take 2 NBA games (just to clarify things again) an a FAIR bet world, if we had cover all the options (4 bets), each bet had 25% chance and odds were 4, and exactly one bet would have won, so: total investment: 400$ total prize: 400$ FAIR by 365, its the same 4 bets, same 25% winning chance, but odds were 1.9*1.9 = 3.6, so: total investment: 400$ total prize: 360$ so we can see that from 400$ investment, we lost 40$ on bookies fee, thats 10% loss! Some math again: 1/3.6 * 4 = 1.1 for every 1$ FAIR bet we wanna place, we pay 1.1$ for every 1$ we pay, we fair bet only 90 cents while 10 cents goes to bookie. So now we can see that in singles we lost 5% with bet365, while with doubles with lose 10%! while it seems not so much of a difference, it is a HUGE difference for any serious punter. just think that if you win 5% each week for a year starting off 100$ you'd have 1,264$ but if you win 10% you'd have 14,204$ see the big picture? Therefore, if we wanna keep the bookies from making profits, meaning we will loss less (or win more), SINGLES is the way to go. and it has nothing to do with risk loving or the character of the punter or anything other than MATH. By the way, you can calculate yourself, but the more games you add, the more fee you pay to bookies: for 3 games (based on 1.05 single fee as calculated before): 14% for 4 games: 18.5% for 5 games: 23% for 6 games: 26% and so on... Any question is welcomed and will be answered quickly. Hope you enjoy reading, and please forgive my english, as i'm from Israel. Good luck to us all, Effi

[jtw1]

Re: Singles VS Doubles.. the TRUE story... Sorry mate but it's all to do with strike-rate , odds and personal preference. If you can achieve a high strike rate which enables you to bet on any double/acca which returns you at least double your stake then that is simply the way to go . Singles is safe but doubles / trebles is the way to gain maximum return , PROVIDING the strke-rate/odds allows you to.