ꦍ A single bet is the simplest wager in sports betting, making it an ideal starting point for beginners. Before embarking on your sports betting journey, it’s vital you fully understand the single bet meaning and weigh its pros and cons. In this article, we'll guide you through everything you need to know about single bets.
What Is a Single Bet: Quickly Explained
A single bet is the simplest form of sports betting. It is one wager on one potential outcome♔. Examples of this include picking a horse to win a race, backing a football team to win a match, or a rugby team to win a tournament.
ꦿ A singles bet is easy to follow — there is one outcome you need to look out for to know whether your wager is a winner. In theory, the chances of winning are higher than when bettors combine markets in a bet builder or accumulator, and some singles bets will have much lower odds as a result.
ဣ Before you decide on your preferred bookie, it’s vital you understand what a single bet is. This fundamental aspect of online sports betting is easy to grasp and should play a key role in your betting strategy.
🅺 High odds accumulators and bet builders are appealing, but picking a strong single bet is usually the route to the best value. Our picks for the single bet of the day are worth following to inform your betting decisions.
What Is Enhanced Single Bet?
💦 An enhanced single bet is a wager that temporarily has longer odds. An example of this would be Manchester City getting boosted from 1/3 to 10/11 to beat Aston Villa. This can be a great way to identify the single banker bet of the day.
🌸 bet365 and Betway are two of the high-profile bookies that offer enhanced single bets. Betting sites will boldly promote these offerings, and they will be available across a range of sports. The terms used for an enhanced single bet will vary between bookies.
ജ Below, you can see an example of a bet365 Bet Boost. This single bet is an outright wager on Olympic football, where the initial odds have been increased to provide better value.
Single Bet Example
✅ Betting on a player to score in a match is an example of a single bet. This bet is a winner if the player scores, and a loser if the player does not. The odds are easy to interpret.
💛 As an example, let's take backing Ezequiel Fernandez to be booked for Argentina in the Olympics is a single bet. You can input the 15/8 odds into a single bet calculator to see what your potential returns would be — a wager of £10 on Fernandez would have a total return of £28.75.
𒁃 The screenshot below shows how this bet is presented at bet365. To go ahead with this wager, you would simply need to enter your chosen stake and click ‘Place Bet’.
How To Place a Single Bet
Placing a single bet is intuitive. The best online betting sites UKꦯ sites will make it hassle-free to find the markets you are interested in and commit to your bet.
📖 Find the event/fixture that you want to place a bet on.
♏ Browse the available betting markets and conduct your pre-bet research.
🉐 Select the single bet that represents the best value and click on it.
﷽ When shown the bet slip, enter your chosen stake.
𝓰 Press ‘Place Bet’ at the bottom of the bet slip.
Why Should I Place a Single Bet?
Projecting the outcome of a single bet is much easier than multiplesಌ. The more legs in an accumulator, the more variables you have to account for. A single-game bet builder provides similar challenges, such as weighing up how one market impacts another.
𝓰 If you’re betting on Harry Kane to score in a match, for instance, the research required is based around the opposition’s defence and Kane’s form. The more complicated the wager, the trickier the research becomes before you can decide on whether there is value in the market or not.
This enables bettors to evaluate risk more clearly𓆏. You can calculate the implied probability to give an indication of whether you have identified the single bet of the day.
There’s also the added benefit of a clear-cut outcome꧂, whereas accumulators can leave you waiting around to see if the bet lands. Using the example of Kane to score, this could be confirmed as a winner in the first five minutes. Your bet also remains alive as long as he’s on the pitch.
ꦑ An ambitious accumulator or bet builder can be wiped out early on, but single bets — whether it’s on both teams to score or a match winner — keep you engaged throughout the game.
The simplistic nature of single bets makes them the cleanest and most straightforward🌟 way to bet on sports. This is where you can really work to find the best value.
Pros & Cons of Single Bet
🐼 Below, we have compiled a table to illustrate the positives and negatives of single bets:
- Fewer variables than multiples
- Easy to understand
- Can focus on one part of an event/match
- Odds range from odds-on to longshots
- Shorter odds than bet builders and accas
- Limited by available markets
ThePuntersPage Final Say
🍃 As the bread and butter of sports betting, it’s crucial that you understand how a single bet works and what the associated benefits are. The majority of your wagers should be singles, as this is where it's easiest to project potential outcomes and calculate betting value.
꧙ With the top betting sites providing an array of markets, we recommend constructing your betting strategy around singles bets, which offer plenty of variety — from odds-on favourites to 500/1 longshots.
FAQ
🥃A single bet calculator is the quickest way to work out the potential winnings from a single bet. For example, if you stake £10 on a single bet at 2/1, you will win £20 with a total return of £30.
𝔉A single bet in horse racing is a wager on one outcome. This could be on a horse to win a race or an antepost bet for an upcoming festival. The key is selecting one horse for one event.
ꦡNo, accumulators are not single bets. Accumulators are the combination of multiple selections, and all of the selections must win for the bet to pay out.
♈The odds and stakes are required to calculate a single bet. You can use a single bet calculator to work out the potential returns on a single bet.
♉While a single bet is about the outcome of an individual bet, a double bet combines two betting selections. The odds are then multiplied to give the final odds. Both selections must win for the bet to pay out.
൩There is no sure-fire way to make money on a singles bet, but they can be a profitable strategy with a combination of skill and luck. Conduct comprehensive research and compare odds across different bookmakers to ensure you are getting the best possible value.
A single bet is a wager on one outcome, for example, Manchester to beat Aston Villa. If you make a wrong single bet prediction, you'll lose the bet. On the other hand, a yankee bet consists of four selections and 11 bets in total, for which you'll need at least two selections to land. A Yankee bet💛 is therefore a better choice as it provides more opportunities to win, and payouts are also higher.