Laying multiples is now a whole lot easier, thanks to the new ‘Multiples’ feature launched by Smarkets.
The feature allows you to build your very own multiples and lay them as one bet!
In this guide, I’ll explain how this changes things for matched betting and I’ll walk you through an example of how it can be done.
How does this change things?
Until now, if you wanted to lay a multiple bet, you only had two options.
You could use the pre-built accumulator markets at Betfair and Smarkets, but these wouldn’t always be available. They would usually just mirror the enhanced multiples offered by bookmakers on busy football match days.
Your other option was sequential laying, but it’s a time consuming process. It’s also rather restrictive given that your selected events cannot overlap.
The new ‘Multiples’ feature from Smarkets enables you to build multiples with ease and lay them at the click of a button. It’s a real game changer that will open the door to quite a few offers that were previously off-limits or just downright tricky.
Not only will you be able to lay more enhanced multiples, but you’ll also be able to do any sign up or reload offers that require you to place a multiple as your qualifying bet.
Key points to note
Before I take you through a worked example, here are some important points to bear in mind…
- When building your multiple bet at Smarkets, you must select the green buy/back button to add your selection to the betslip.
- You will then have the option to sell/lay your multiple at the price shown, once it has been built.
- You can only sell/lay the multiple if every selection has sufficient liquidity on the sell side.
- There’s a maximum of 10 selections when building a multiple.
- You cannot combine more than one selection from the same single event/match.
- You cannot include selections from ante-post horse racing markets or long-running, outright markets (e.g. title winner).
- Multiples are currently only available via the Smarkets web platform at smarkets.com. Smarkets hope to introduce exchange multiples on the app at some point soon.
Laying multiples at Smarkets
Let’s say you’ve seen the following sign up offer…
‘£10.00 free bet if you place a £10.00 double bet at total odds of 4.00 (3/1) or greater‘
You decide to place your double on Inter Milan to win the Europa League Final and Bayern Munich to win the Champions League Final at total odds of 4.00.
To build your multiple at Smarkets, you just need to locate the respective match markets and select the green buy/back button next to your selections…
So, you would select the green 2.26 buy/back button for Inter Milan…
…and the green 2.04 buy/back button for Bayern Munich.
You then just need to select the blue ‘SELL‘ button in the MULTIPLES section of your betslip. As you can see, you can lay this multiple at odds of 4.90.
To get your lay stake, you just need to enter your stake and odds into my Matched Betting Calculator…
The calculator tells you that you should lay £8.20 against your Inter Milan/Bayern Munich multiple at Smarkets.
The outcomes section at the bottom of the calculator tells you that you’ll lose a maximum of £1.98 in qualifying for your £10.00 free bet. You should be able to make around £8.00 cash from your £10.00 free bet, leaving you with a profit of around £6.00!
So, those pesky sign up offers that involve multiples are now pretty simple to do!
In addition to the sign up offers, the new ‘Multiples’ feature should allow you to lay more enhanced multiples too.
The most popular enhanced multiples have always been pretty simple to lay, as the exchanges usually offer a pre-built accumulator market for them. Now though, if you see any enhanced multiple at all, you can simply build it at Smarkets and see if there’s a profit to be had.
What are enhanced multiples?
Enhanced multiples are simply doubles, trebles and accumulators that have had their odds boosted.
They’re pretty much the same as regular price boosts, just with more events or markets included. If you’ve not done either yet, you should probably start with regular price boosts before moving on to enhanced multiples.
You’ll see enhanced multiples covering a number of different sports, but the most popular ones tend to be those featuring different football teams.
At the time of writing, William Hill run a ‘Super Odds Treble’ like the one above, most Saturdays.
Sky Bet run ‘Soccer Special Price Boosts’ like the ones above, pretty much every Saturday too. They also run them during the week if there’s a busy schedule of fixtures.
People often ask if it’s okay to do more than one of Sky Bet’s three selected price boosts. My advice is to only do one each time as placing more than one may attract unwanted attention to your account.
Not all enhanced multiples are profitable in the long-term. If the boosted odds aren’t any higher than the lay odds at the exchange, there’s no merit in taking the boost. It can be the case that the odds were too poor to start with or the boost was only small.
Betfair Exchange accumulators
Unsurprisingly, Smarkets have decided not to offer pre-built accumulator markets anymore, but you can still find them at Betfair. They’re worth keeping an eye on as you may be able to get better odds laying that way. I’d be surprised if Betfair don’t launch their own multiples feature at some point.
In the meantime, you can find the Betfair Exchange acca markets by typing ‘acca‘ into the search field at the top of the page.
Alternatively, you can find them via the main navigation. Just head to Football, select the league/cup competition you’re wanting to bet on and you should see the available acca markets.
Here are the available accumulator markets at Betfair for the Sky Bet boosts above…
Laying multiples on the Betfair Exchange
So, looking at the lay odds of 3.60 above, there’s certainly merit in betting on Man Utd, Leicester and Leeds all to win at Sky Bet at odds of 4.50 (7/2).
As with regular price boosts, enhanced multiples will almost always have a maximum stake. The maximum stake for Sky Bet’s price boosts isn’t specified, but it’s usually £10.00.
So, you simply enter your stake and odds into the calculator, to get your lay stake…
As you can see, the calculator tells you that you should lay £12.68 against Man Utd/Leicester/Leeds at Betfair.
The outcomes section at the bottom of the calculator tells you that no matter what happens, you’ll make a guaranteed profit of £2.04!
The profit may seem small, but that’s a return of 20.4% on your £10.00 stake, which is pretty good!
If you feel the guaranteed profit is a little on the small side, you have the option to underlay. This method enables you to make a larger profit if your enhanced multiple wins, or you’ll break even if it doesn’t. It’s essentially a risk-free shot at landing a bigger profit.
For a walk-through of how to underlay, please see the example on my price boosts page.
I tend to favour the underlay method. Unless of course, there’s a decent guaranteed profit to be had via the standard method above. That’s just my personal preference though and it’s entirely up to you.
The new ‘Multiples’ feature from Smarkets is a fantastic addition for anyone serious about maximising their matched betting profits.
You’ve probably skipped plenty of offers in the past that involved laying multiples. They just felt like hard work and not worth the hassle, right?
Laying multiples is now easier than ever. Simply lay them off and enjoy the profits!