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What is Combo Bet in BetKing?

Combo bets knit two or more different odds into a single wager. Although this is a more challenging kind of gambling, the odds are sometimes highly appealing. Additionally, these bets offer more engaging experiences for gamblers who are sick of making single wagers yet loathe traditional multiple wagers for whatever reason. Combo wagers are popular with gamblers because they can secure a sizable payout without relying on a particular team winning. In contrast to a typical wager, combo bets pay out even if not all of your selections succeed. 

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Wagering on Sports on BetKing

Wagering on Sports on BetKing

There are several reasons why BetKing, a bookmaker with operations in various African nations, is well-liked. It provides many sports, adaptable betting markets, an intuitive user interface, and several deposit and withdrawal options. If anything is lacking, it would be the iOS and Android applications, but this might be substituted by having a helpful mobile website. All in all, BetKing is a great bookie for Nigerian punters. We have a separate review on how to bet on BetKing; however, in this read, we will focus on the so-called combo bets and their pros and cons.

Value of Combo Bets in Sports Betting

BetKing Value of Combo Bets in Sports Betting

What exactly is a combo bet, then? That’s right, it is a collection of wagers on a number of choices. The goal of a combination wager is to minimize risk while enhancing the possible return. Compared to a typical wager on a single, double, or accumulator, the coverage offers a significant benefit. This is due to the wager’s ability to refund money even if only part of the choices are successful.

What Is a Combo Bet

When a player places several selections and choices on these selections on the bet slip, he places a combo bet. In addition, bettors may place little bets and yet win big. There is a crucial difference between a combination wager and an accumulator bet. A combo wager is different from an accumulator bet since it consists of many bet kinds, such as doubles and triples, as opposed to a single wager composed of numerous bet options, like an accumulator bet is.

A combo wager is successful provided that at least two of your bet types are successful, as opposed to an accumulator bet, which loses if one of your bet selections loses.

How Combo Bets Work

It is crucial to mention that different bookies have various terms and rules as combo wagers. Before placing a combo, we highly recommend that you check the T&C of your applicable bookmaker unless it is BetKing. With this bookie, we’ve got you covered.

Combo wagers come in a wide variety of forms, and they all have names we will explain below. To further explain how a combo bet works, let’s fragment the types of combo bets. Understanding the distinction between a combo bet and a combo bet with singles is crucial. The former excludes single selections from its analysis and only creates doubles, trebles, and accumulators (examples include Trixie, Yankee, and Heinz). In addition to performing the same function, betting alternatives like Lucky 15 broaden the coverage by allowing single wagers on the choices. 

How to Calculate Your Winnings

Although it can initially appear difficult, calculating the winnings in combo bets is actually rather straightforward. 

The odds of every game are multiplied by one another to determine the overall odds. If your selection loses, then the sum will be deducted from your overall winnings.

Different Types of Combo Bets

Combo wagers offer clear advantages but also clear drawbacks. That much is obvious. They are the exception and, sometimes, even a no-go for professional sports tippers, who are far more likely to concentrate on individual wagers. The main reason is that luck plays a big part in long-term success. As a result, the more lines you add, the less your odds of winning become! Most of the time, betting experts would advise against placing this kind of wager, even if you can quickly produce odds of over 10 or even over 20. It goes without saying that each sports betting experience also involves a certain amount of excitement and anxiousness.

Trixie

Because it only requires three choices, this combo wager is the most widely used. You can place four bets (one triple and three doubles) on those three selections. You will receive rewards if at least two of your picks are successful.

Yankee

Yaklee is a combo wager that combines 11 individual wagers on four different selections (six doubles, four trebles, and a fourfold accumulator).

Lucky 15

Like the Trixie, this is one of the most often utilized combinations of bets and is frequently employed in horse racing. You have four selections but with 15 separate bets in it. It is just a Yankee wager with the four chosen singles bets added.

Goliath

This combination bet has eight possible options, which are not very frequent. With 28 doubles, 56 trebles, 70 four-folds, 56 five-folds, 28 six-folds, 8 seven-folds, and an eight-fold accumulator, there are 247 different wagers total.

Heinz

This is a six-selection set that has 57 separate bets, including 15 doubles, 20 trebles, 15 four-folds, 6 five-folds, and a six-fold accumulator.

Super Heinz

Super Heinz is a wager consisting of seven separate selections and 120 bets, split up into 21 doubles, 35 trebles, 35 four-folds, 21 five-folds, 7 six-folds, and a seven-fold accumulator.

How to Place Combo Bets

BetKing How to Place Combo Bets

It might be confusing to navigate the many combo bet options and the bets they comprise. However, these wagers are very easy to place using an online sportsbook. Combo betting choices become accessible as you add more selections on a slip. The minimum stake and the maximum payout are determined automatically and reflected in your bet slip. Once you submit your bet slip, you may easily follow the status of every wager in your account.

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BetKing How to Place Combo Bets

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Create an Account

You can sign up with the bookie if you are a Nigerian resident over 18 with a valid phone number registered with a Nigerian phone operator. The registration process is very straightforward and fast. Do not forget to verify your account after sign-up.

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Add Some Funds

Now, you have to top up your account. The bookie accepts the Nigerian Naira as its primary currency and offers quite several payment methods.

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Place Your Combo Wager

Choose your desired sport and event from the BetKing sportsbook. Select your betting markets and odds. Then tap on the combination bet icon and input your stake. Confirm your bet and wait for a pop-up message from the bookie. Once your combo wager is successfully placed, all you have to do is wait for results and keep your fingers crossed.

Pros and Cons of Combo Bets

BetKing Pros and Cons of Combo Bets

Before engaging in this sort of betting strategy, it is necessary to be aware of the specific aspects that work both for and against using a combination bet. In the event that you want to employ combination betting going ahead, keep the following pros and cons in mind.

  • The thrill of it. Combination wagers are a fun way to kill time. They are safer than multiple bets, but they are also more intriguing than single bets since they provide greater dangers. Compared to conventional accumulators, you have a lower chance of losing your entire investment and still make a respectable profit.
  • Greater payouts. Combination bets have a greater payoff percentage than individual bets, which appeals to players hoping to win big.
  • Flexibility. Combination bets let you place wagers on an abundance of events, providing you with additional options when it comes to placing wagers.
  • Lower chances of winning. Your odds of winning decrease as you make more choices. Combination bets with a lot of options are riskier than those with a few options for this reason.
  • Tricky character. Because you must understand multiple types of combo bets and how they operate, combination bets might be more difficult to grasp than individual bets.

Tips for Placing Combo Bets

BetKing Tips for Placing Combo Bets

Combination wagers provide bigger rewards than single bets, but you need to use them strategically if you want to maximize your gains. The following guidelines will help you get the most out of your combo bets.

  • Consider the statistics. Use as much information as you can on the sport you are wagering on. As they say, knowledge is power, and this couldn’t be more true when it comes to combination betting. You need all the information you can acquire while placing wagers on a variety of options. For instance, if you were wagering on horse racing, you would want to know a horse’s specific historical performance, how it runs on different surfaces, whether it has ever been injured, and whether the jockey has had success in the past. When you put your combined wager in the future, try to become as familiar with these many elements as you can.
  • Bet on the sport you know. Choose the sport you feel you have the most expertise in before you ever place a combination bet. This gives you a significant advantage in the betting market and will only help you decide how much to wager overall. When you understand how combination betting benefits you, you can start spreading out to other sports and events. However, before you venture into other sports, start with what you are familiar with.
  • Use a wager calculator. Use a wager calculator if you like. These are available both online and, on occasion, on the bookmaker’s website. Once you’ve entered all the necessary details for your combo wager, the calculator will take care of the rest.
  • Mind the odds. For combo bets, various bookies give unique odds. It’s essential to look around and find the best odds for your selections. Even a small shift in odds can majorly impact your potential winnings. The bookie offers really competitive odds to its customers. 
  • Wager on small amounts. There is always a chance of losing while betting. Therefore, if you’re new to the game, we advise you to abide by one piece of basic advice: never wager more money than you can afford to lose.

How to Win a Combo Wager

As you can expect, it can be challenging to calculate your possible winning returns when betting on combos. You might need to be a mathematical prodigy to figure it all out when your total wager might be made up of up to 247 individual wagers. The good news is that the possible winnings will be updated when you enter the data on a bet slip with your bookmaker so you can monitor potential outcomes. A bet calculator is an additional option. We explained how it works in the section above.

Conclusion

BetKing Conclusion

Combo wagers come with more significant risks than single bets but have higher returns. It’s critical to comprehend the many kinds of combination wagers and how they operate before placing them. You need to use combo wagers sensibly and with a strong plan in order to succeed. Set a budget, do your research before making a decision, and stick to your strengths. Avoid being greedy, take advantage of bonuses and promotions, and shop around for competitive odds. It’s fantastic to see that BetKing provides combination wagers since they allow gamers to have a more thrilling experience while taking on less risk than they would with regular multiple wagers. We believe that our review will be helpful to a variety of readers, including those who are brand-new to betting as well as those who have some experience with it but are unfamiliar with combo wagers in particular.

How does combo bet work on BetKing?

A combo wager is a sort of wager in gambling and sports betting, frequently employed in football, that combines two or more straight wagers (also known as single wagers). Players must properly predict the results of many basketball or soccer games or events, such as the team to win, the exact score, or related events. Combo wager odds are often higher than straight wager odds, partly due to the difficulty of correctly forecasting numerous athletic events.

What is a combo bet example?

For instance, a Lucky 15 combination wager is a 4-selection wager made up of 1 four-fold accumulator, 1 four-fold accumulator, 6 doubles, and 4 trebles. To get your money back on the wager, all you need is one choice to be accurate (although this might not result in a profit).

How does player combos work?

A combination bet is a set of wagers/stakes that cover numerous selections in different combinations/groupings, allowing you to receive a return/winnings still even if some of your picks lose.

What is it called when you combine bets?

It is usually called a combo wager. This type of wager is quite popular with punters; however, we do not recommend placing combo wagers if you are new to sports betting. Combination betting’s primary goal is to increase your likelihood of winning when you back several different options.

What is the difference between doubling down and splitting?

When dealt a pair (two of the same card), you often have the option to split the pair into two separate hands in blackjack. Two additional cards are handed to you (one for each new hand), and your wager is doubled. Each hand is dealt out as expected, giving you two chances to beat the dealer. You only receive one card when you double down. You can receive as many cards as you like if you split.

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