What Does Double-Result Mean in Betting?

There is much joy when sports fans witness a well-deserved win. Even more fun when they see an upset win! However, sometimes there is not much to cheer about. When this happens, they have to find something to keep their spirits up. That is where betting comes in. Many sportsbooks offer multiple-betting options, enabling clients to bet on many games simultaneously. While this is usually a great option for fans, it also has serious ramifications for gambling. What is double-result betting (also known as “treble-result” and “quads”)?

Basic Principles of Multiple-Betting

Multiple-betting is generally a safe option for sports fans who want to indulge their passion for sports. However, just because something is a safe option for recreational bettors, it does not mean that it is a safe option for serious gamblers. There are several reasons why betting on multiple games simultaneously is a bad idea. Here are the basics:

1. Spread Of Odds

When sports fans bet on multiple games simultaneously, they are effectively placing bets on more than one team. This makes it easy for the sportsbooks to create spreads on the games. When a spread is created on a game, it means that there is an imbalance in the amount of money that is being wagered on each team. For instance, if New England is listed as 3.5-point favorites over Tennessee in a particular game, this means that there is a three and a half -to-one (3.5/1) imbalance in that particular line. What this means is that if you were to bet $100 on New England winning the game, you would win $350 rather than the $100 you wagered. The reason is because the house takes in $350 from all wins and losses combined on this game.

Simply put, there is too much variance in the amount of money wagered on a game to make it a good option for serious gamblers. The more games you bet on, the more chances there are for an upset, and this could seriously damage your gambling experience.

2. Immediate Reversal Of Wagers

Another huge problem with multiple-betting is that when one team wins, the other teams’ wagers are usually immediately reversed. For instance, if Tennessee wins the New England game mentioned above, the Patriots’ wager would be automatically voided and they would lose all of their $350. When this happens, the house makes more money and the bettor gets nothing. It is often said that “all wins are fortunate and all losses are unfortunate, but that is not entirely true.” When you bet on multiple games, you are essentially gambling on the outcome of multiple games at once, and there is no way to tell which game or games will be the lucky ones or the unlucky ones.

If you are not careful, this could make it impossible for you to win money back from the house. The key is to limit your wagers to just one game per sport per day, and to only bet on games that are in your favor.

3. Undue Focus On Certain Games

With multiple games being wagered upon at any given time, there is always the possibility that the bettor will put undue focus on certain games. This can lead to a betting “crash” where all of the sudden the bettor loses all of their money. In other words, they are unable to control themselves and start betting on every game that they see. Although this is rare, it does happen from time to time. This is why it is important to limit your wagering to just one game at a time, so that you do not end up overdoing it and losing all of your hard-earned money. Remember, the more you bet, the more you lose.

4. More Wagers Means More Competing Bets

The more games that are being bet on, the more opportunities there are for people to bet on them. In other words, with more games means more people willing to place wagers on them. When this happens, the variance in the amount of money wagered on each game increases. This leads to more upsets and less predictable results. It also means that the casino takes in more money, which they can use to offer bigger bonuses and bigger payouts. The point is that the more games you bet on, the more opportunity there is for you to lose money. This goes against the basic concept of betting which is to make money. The key to being a successful gambler is having a clear head when placing your wagers. Remember, too much excitement on a roller coaster ride and you could find yourself in dangerous situations. Thus, the less excitement you have when betting, the better. You cannot control what happens on the pitch so you might as well relax and enjoy the game rather than get overexcited about the result and get hurt or sick.

Betting Is A Gamble, Not A Science

Finally, it is essential to remember that betting is a gamble, not a science. Just because something is proven to work does not mean that it will work for you or any other particular person. This is why it is always a good idea to consult an expert before placing any wagers. They may be able to tell you which games are in your favor and which ones are not. However, even the most skilled professional cannot account for all of the different variables that may affect the outcome of a game. This is why it is always a good idea to back your instincts and let your heart guide your gambling adventures.