Types of Sports Bets on OlyBet

Whether you're placing a pre-match or live (in-play) bet, OlyBet offers five main bet types. You can also combine pre-match and live events on a single ticket.

1. Single Bet

A Single Bet is a wager on the outcome of one sporting event.

Possible Outcomes:

• Win: Your prediction is correct, and you receive your winnings.

• Loss: Your prediction is incorrect.

• Refund: If the event is canceled and not resumed within 24 hours, your stake is returned.

Example:

• Event: Real Madrid vs Barcelona

• Market: Barcelona to win (W2)

• Stake: €5

• Odds: 2.45

• Payout if won: €5 × 2.45 = €12.25

How to Place a Single Bet:

1. Log into your OlyBet profile.

2. Go to the "Sports" or "LIVE" section.

3. Choose your preferred category (e.g., football, basketball, politics).

4. Select an event and market.

5. Enter your stake.

6. Click "Place Bets".

2. Multi Bet (Accumulator)

A Multi Bet combines two or more events into one bet. All selections must win for your bet to be successful.

Key Points:

• Minimum: 2 selections

• If one selection loses, the whole bet loses.

• If one event is canceled, it's counted with odds of 1, and the total odds are recalculated.

Example:

• Real Madrid wins – Odds: 2.70

• Juventus wins – Odds: 1.40

• Spartak vs Lokomotiv Draw – Odds: 2.85

• Total Odds: 2.70 × 1.40 × 2.85 = 10.77

• Stake: €5

• Payout if won: €53.85

How to Place a Multi Bet:

Follow the same steps as placing a single bet, but select multiple events.

3. System Bet

A System Bet consists of multiple combinations of accumulators. You don’t need to win all selections to receive a payout.

How It Works:

A system like "3 out of 4" means:

• You picked 4 events.

• The system generates all possible 3-event combinations.

• As long as 3 out of 4 predictions are correct, you receive a payout.

Combinations Table (Examples):

Each combination receives an equal share of your total bet.

Example:

• Events: 4 selections

• System Bet: 3 out of 4

• Total Bet: €5 → €1.25 per combo

• Payout if all win: €64.74 (sum of all winning combinations)

How to Place a System Bet:

1. Log into OlyBet.

2. Go to "Sports" or "LIVE".

3. Select at least 3 events.

4. Choose "System" bet type.

5. Pick your desired format (e.g., 3/4, 4/5).

6. Enter the amount.

7. Place your bet.

4. Chain Bet

A Chain Bet is a sequence of single bets from unrelated events, where the order of settlement affects your winnings.

How It Works:

• Start with an initial stake.

• The stake is placed on the first event.

• If it wins, part of the winnings goes to the next event.

• This continues through the chain.

If the first event loses, the entire chain is voided.

Example:

• 3 single bets placed in sequence.

• Initial stake: €10

• If all win: payout = €82.20

• If 1st loses: chain is lost

• If 1st and 2nd win: chain continues with balance from winnings

How to Place a Chain Bet:

1. Log into OlyBet.

2. Choose 2 or more unrelated events.

3. Select "Chain" as the bet type.

4. Enter your stake.

5. Place the bet.

5. Bet Builder

Bet Builder lets you combine multiple markets from a single event into one customized bet.

Important:

• Minimum: 2 markets

• If one market loses, the entire bet loses.

Example:

Match: FC Red Bull Salzburg vs Dinamo Zagreb

• Salzburg to win – 1.75

• Both teams to score – 2.00

• Mislav Oršić to score – 17.00

• Total Odds: 59.5

• Stake: €5

• Payout if won: €297.50

How to Use Bet Builder:

1. Log into OlyBet.

2. Select a single event (e.g., Champions League).

3. Click "Bet Builder".

4. Add your selections (team win, scorers, goals, etc.).

5. Add each to the betslip.

6. Enter the stake.

7. Place your bet.

Summary Table