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Horse Racing Tips: The Ultimate Multiple Guide

Here you’ll learn everything you need to know about how to take a horse racing multiple, one of the most exciting horse racing bets available in South Africa.

Two women looking excitedly at cellphone

First things first, take a look at the video below before we get started. 

What is a multiple?

A multiple is a bet that consists of two or more horses in a particular bet. The more horses you add, the more you stand to win. Keep in mind also that the more horses you add, the smaller your chances of winning.  

How to interpret odds?

Before explaining how to take a multiple bet, it helps to understand how odds are multiplied. In the example below, let’s say you have selected horse number 2 in Race 1 (DO IT AGAIN) and horse number 4 in race 2 (RAINBOW BRIDGE).

If DO IT AGAIN is 3/1 and RAINBOW BRIDGE is 2/1 you work it out as follows.

Take the price of each horse and add 1. Then, multiply those numbers by one another and subtract 1 from the final amount. 

3/1 + 1 = 4           2/1 +1 = 3

4 x 3 = 12 – 1 = 11

The price of the double will be 11/1.

When taking a multiple you can add any amount of combinations you want.

Scratchings

Once you have an understanding of how multiple prices are worked out, equating your new price in the event of a scratching becomes quite easy. When one of your horses is scratched in a multiple that consists of two horses, your bet now becomes a single. 

If you have a multiple that consists of more than two horses and one of your horses is scratched, your price will be readjusted to the horses that remain in the bet.

Fixed odds vs Starting price

With Hollywoodbets, you can choose whether you want to take a bet on fixed odds or the starting price. The biggest benefit of fixed-odds betting is that you can immediately calculate your potential winnings based on the price of the horse. If you take a multiple and the price accumulates to 20/1 on fixed odds that price is set in stone. Any price changes on any particular horse will 

Starting price means exactly that – you will get the price of the horse at the jump of the race. So if you take a starting price win bet on DO IT AGAIN a week before the Hollywoodbets Durban July when the fixed odds price of the horse is 8/1, you don’t really know for sure what sort of price you’ll get at the jump of the race. His price could shorten to 5/1 or drift out to 10/1. When taking a starting price multiple, it could either benefit you or disadvantage you as no one knows how the market will react.

Mixing your multiples

The great thing about multiples is that you can mix and match as you see fit! You can, for example, take RAINBOW BRIDGE to win at 5/1, the Sharks to clear the (-5.5) handicap against the Bulls at 9/10 and Liverpool to beat Manchester United at 1/1. In the above example, we’ve taken a horse, a rugby team to clear a handicap as well as a soccer team. You can mix it up however you see fit, though!

Related Bets

In a specific multiple, you cannot select two options from one individual event. For example, you cannot take two horses from one race in a multiple, or you cannot take one horse to a place, and one horse win from the same race. Another example will be in football where you cannot take a team and select the team they are versing to win as well or you cannot take a team to win and take another market such as over 2.5 goals for one match.

Same horse deduction

When two of the same horses are one multiple your bet will incur a deduction of 33%. For example, this can happen if you take Rainbow Bridge to win the Hollywoodbets Gold Challenge and take him to win the HollywoodbetsDurban July. 

Tote Bets

When switching over to the tote with the button provided on the Hollywoodbets website and mobisite, you now can take a bet where the payout is limited to the rules stipulated by the TabGold website.

A tote multiple 

Difference between Open Bet and Tote Bet

An Open Bet is a tote/TAB type bet taken with a bookmaker. The bookmaker – in this case, Hollywoodbets – lays the bet, and pays the dividend as declared by the tote on the winning combinations.

No fixed odds are agreed at the time the bet is placed. The winnings and therefore the payout is determined after the outcome of the event on which the open bet was struck becomes known, with reference to the dividends generated by the totalizator.

Tote betting works by a player betting into a cumulative pool that also includes other punters. The payout is then shared among all of the winning players – this is referred to as a dividend. Remember that the total amount that gets paid out is determined by the number of people who won the pot.

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