If you are a gambling and punting aficionado then you probably have a lot of experience in single bets, double bets, treble bets, and multi-way bets, and you have probably visited some of the most popular online casinos like those listed at one and only Australian Casino Club.

This article deals with multi-way bets and explains why they are the most difficult to get right, but at the same time explains why these multi-way bets or accumulators are the most profitable way of gambling for experienced punters.

So what is a multi-way bet? A multi-way bet is a bet wherein a punter makes a selection of several betting items and combines them in one bet. The easiest way to understand multi-way bets is through an example of betting on football matches.

Let’s say it is Wednesday night and there are four Champions League matches being played.

All of them look like easy picks and you think that you can predict the final outcomes of all four matches. You reckon that all of the home teams are going to take the points and instead of placing a bet on just one of the games you decide to combine them into a multi-way bet and place $5 on the ticket. The total winnings for this ticket are $102 or a profit of $97.

The advantages of a multi-way bet such as this one over a single bet are obvious. For example, if you only decided to place a bet on the PSV – PSG game on a home win, then your total winnings are going to be only around $14 or a profit of just $9.

However, there are also some obvious drawbacks to placing multi-way bets such as the higher risk of losing your money if one of the selected games fails to provide the required outcome. This is especially problematic when you are combining more games onto one ticket as the chances of one of those games ending in a negative result for you can cost you the ticket and can undo all of the good work that you have done by getting all the other picks right. That’s why when most people decide to place a multi-way bet they bet smaller and don’t invest as much money as they would on a single bet due to the higher risk involved.

So if you think that you have the acumen and knowledge to make a correct prediction like this lucky punter who converted 15p into over £20,000 then don’t think twice and place a small bet on this weekend’s action. You might be one of those big winners about whom we read in the newspapers.