Single bet

Single bet is one of the most popular and straightforward betting methods. It involves placing a bet on a single outcome of a certain match. If the match ends as predicted, you will win your bet.

Unlike multiple bets that require all events on your slip to be correct, single bets are not so complicated. In this case, you will only predict the result of a single game and if it ends as you have predicted, you will walk away with some funds.

Are you new to sports betting and you want to place a single bet today? We will show you how a single bet works and how to make money from a single bet.

With our detailed analysis, you will get a better understanding of this betting strategy as you wager on your single bet prediction. So, are you wondering “What is a single bet?” Or do you want to know how to win a single bet?

Follow our comprehensive guide and all your questions will be answered. 

What is a single bet?

Single bet is a type of betting option that lets you predict the outcome of a single event. As the name implies, it simply involves finding a suitable match with preferred odds and placing a bet on a single outcome of the match.

For example, in a Chelsea Vs Liverpool game, you can place a single bet that Chelsea will win the match. 

This means you are expecting that at the end of 90+ of play, the match will end in Chelsea’s favour. However, if the game ends in a draw or Chelsea loses to Liverpool, you have lost your bet. It is a very easy and simple betting strategy.

You can go for it if you feel confident about a team’s chances. It can come with very big odds especially when you are betting on underdogs or teams that have equal chances of winning the game. 

For example, if you want to bet on Napoli Vs Juventus, the odds for Napoli will be very high. Let’s say the odds are 2.10 and you place a single bet with ₦1,000.

That means if Napoli goes ahead to win the match, you will win ₦2,100. That is an extra ₦1,100 on your initial wager. 

It can also have lower odds if you are betting on a favourite team to win. For example, if Real Madrid is at home to Elche in the Copa Del Rey, you can go for a single bet prediction that Real Madrid will win the game.

In this case, the odds will be small because Real are favourites to win. So, if you are looking to bet on a low risk game, a single bet can also come in handy.

How does a single bet work?

A single bet is totally different from multiple bets that combine different events into one bet slip. When it comes to single bets, you are only predicting the outcome of a single match.

Once the match has ended as you predicted it, you have won your bet. This sounds less risky than accumulator bets in which you will bet on multiple selections and must get everything correctly before you win your bet. It is quite easy to understand.

For instance, in a Liverpool Vs Manchester City, you can place a single bet by choosing a 1×2 market. This means you can back Liverpool to win, you can go for a Manchester City win and you can go for a draw prediction. Let’s say the odds are as follows

Liverpool Win 2.30

Man City Win 2.85

Draw 3.10

You can place a single bet on any of the possible outcomes. If you are looking for big odds, you can go for a draw. Let’s say you placed ₦2,000, then you will win ₦6,200. That means you have won more than x3 of your stake. 

Single bets can require a huge wagering amount especially if you are looking to win big. You can also use a single bet to roll over your winnings till you hit your desired target. In this case, a lot of patience and financial discipline is required.

How to place a single bet

To place a single bet prediction today:

• Register a new betting account with your preferred bookmaker. You can use our bookmaker comparison page as a guide
• Make the required minimum deposit 
• Go to the sportsbook section
• Choose your preferred game 
• Select the outcome you want
• Set your wager 
• Place your bet

Single bet tips: How to win

• Study the teams: You must carefully look at the teams involved before placing a single bet. Check their form, head to head run, player availability among others. With this, you will be able to make better decisions on your bet.

 

• Look at the odds: The odds will give you a picture of what your potential winning is. If you are going for a favourite team to win, the odds will most likely be small. You have the right to choose which odds to go for, it is all up to you. So, check the odds properly as it would help you to plan better with your wager 

 

• Set a budget: As much as single bets have a higher winning probability than multi bets, it is important that you set a budget and maintain a level of financial discipline. So, you can adopt the roll over technique by starting with a small amount and rolling over your profit till you hit your desired target. This would help prevent the pains that come with losing your funds 

 

Single bet pros

• Higher winning probability than accumulator bets 
• Comes with competitive odds
• Simple and easy to understand 

Single bet cons

• Requires high stake amount
• Odds can be low sometimes

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