Single

A single refers to a bet placed on just one selection in an event. They are one of the simplest and most popular types of bet.

If the selection is successful, the bookmaker will payout the winnings. If the selection is unsuccessful, the bookmaker will keep the stake.

Is a single bet a good bet to place?

A single bet is lower risk than other forms of bet where more than one selection has been made - such as a double or a treble - as success is determined by just one outcome being successful, as opposed to multiple. This makes the chance of success greater.

However, this will usually mean that single bets see smaller returns and payout due to the lower risk - unless you are backing a big underdog.

Types of single bet

A single bet can be placed on anything from a two-way market - such as an over/under bet or both teams to score - a 1X2 bet - such as a FT result in a football or cricket match - or an even larger market with a greater number of outcomes to choose from - such as the winner of a golf tournament or horse race.

Single bets can also be incorporated into larger scale bets with longer odds, such as a double, a treble or an accumulator.

Single bet example

Roma vs Juventus

  • Roma to win at odds of 1.75

  • Draw at odds of 2.95

  • Juventus to win at odds of 3.40

If you place a £5 stake on Juventus to win, you will receive a total payout of £17 if Juventus beat Roma. A Roma win or a draw will see you lose your stake.

How to use a single bet in betting

In order to place successful single bets, it is sensible to use implied probability to find single bets with value, where you believe the odds assigned by the bookmaker show the implied probability to be lower than the true likelihood of an outcome. 

For example, if over 2.5 goals in a clash between Chelsea and Tottenham was placed at odds of 2.00, this would give 2.5 goals plus an implied probability of 50%. However, you could believe the likelihood of over 2.5 goals was closer to 65% - perhaps due to the form of Chelsea's strike force, injuries to Tottenham's backline or Tottenham's free scoring form away from home - therefore this would be a single bet worth placing.

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