Multibet betting, also known as accumulator or parlay betting, is a popular form of betting that allows you to combine multiple selections into a single bet. Multi bets are particularly appealing because they offer the potential for higher payouts compared to single bets.
In Canada, most sportsbooks offer multibet betting options across a wide range of sports and events, from hockey and basketball to soccer and more. If you are curious about placing parlays, this guide is for you. We will cover what multiple bets are, the best multibet betting sites, the pros & cons of this online betting technique, and tips to help you get started.
A multibet, also known as a parlay or accumulator, is a type of bet that combines multiple individual bets (often referred to as legs) into a single bet. The key feature of a multibet is that the odds for each leg are multiplied together, creating the potential for significantly higher payouts compared to placing each sports bet individually. However, to win a multibet, your predictions on all legs must be correct. If even one leg loses, the entire multibet is forfeited. Keep in mind that some sportsbooks might offer insurance or even refunds if one leg in the multibet loses, but that all depends on the promo.
Notably, to qualify as a multibet, there must be a minimum of two legs, and the maximum number of legs allowed depends on the bookmaker but can range from 10-20 selections. In a multibet, you can include a variety of bet types and markets, such as head-to-head outcomes, point spreads, or totals, as long as the selections are not conditional (e.g., Team A to win the 1st Quarter and Team A to cover the 1st Quarter Line). Note that some sportsbooks allow certain conditional bets, but may adjust odds accordingly.
Below is an example of a multibet:
For example, you decide to bet on CFL sportsbooks, and you place a 3-leg multibet with the following selections:
Winnipeg Jets to win at odds of 1.70
Anaheim Ducks to win at odds of 2.80
Calgary Flames at odds of 3.20
When these three selections are combined into a multibet, the odds are multiplied as follows:
1.70×2.80×3.20=15.23
If you had placed a $50 wager on the three-leg multibet and all your predictions were correct, you would get a payout of:
50×15.23=$761.5
However, if even one of these teams loses, the entire multibet is lost, and your $50 wager is forfeited if not otherwise implied.
Note: Some multibet betting sites offer same game multis, a type of parlay bet that allows you to combine multiple markets from the same events into a single multibet. However, keep in mind that some bookmakers restrict certain combinations, so always check the fine print.
For example, you could bet on a team to win, a player to score a goal, and the total points to exceed a certain number—all within the same game. Generally, the concept of winning/losing the bet is the same as the standard multibet, but the odds are calculated differently.
How We Rate the Best Multibet Betting Sites
With so many Canadian bookmakers to choose from, it’s crucial to identify which sites truly stand out. Our evaluation process focuses on key factors that matter most to bettors, ensuring you can make informed decisions about where to place your wagers. We are constantly on the lookout for the best betting sites that offer the best value, flexibility, and reliability. Below, we break down the criteria we use to rank the best betting sites with multibet options.
Betting Markets
A diverse range of betting markets is essential for any top-tier multibet betting site. We prioritize sportsbooks that not only cover popular sports like hockey, football, and basketball but also offer niche markets such as darts, kabaddi, or even political events. This variety provides you with creative multibet combinations and maximizes your chances of creating winning parlays.
Additionally, we assess the depth of coverage within each sport. For instance, does the site offer betting options for minor leagues or international tournaments? Another important factor is the availability of live betting options since we aim to bring you sites that provide in-play selections for multibet betting.
Odds Quality
Competitive odds are the backbone of any successful betting experience, especially for multibets where small differences in odds can significantly impact potential payouts. We meticulously compare the odds offered by various Canadian multibet betting sites across a range of sports and events.
For example, if one site offers 2.10 odds on a specific NHL game while another offers 2.20, the latter provides better value for the same bet. Although the margin may not seem significant, over time, these differences can add up, making odds quality a critical factor in our rankings. We also consider whether the site offers enhanced odds or special promotions for multibets, as these can further boost your potential payouts.
User Experience
We aim to bring you multi bet betting sites that are easy to navigate, visually appealing, and responsive across devices. We evaluate the design, loading speeds, and overall functionality of each website to ensure it meets high standards.
Our team evaluates based on key features like a well-organized bet slip, quick access to multibet options, and intuitive menus. Mobile compatibility is another crucial aspect, as many Canuck punters prefer to place bets on their mobile devices.
Betting Limits
Betting limits can make or break a multibet experience. Some Canadian punters prefer to place small, low-risk wagers, while others are looking to maximize their potential payouts with larger stakes. We assess the flexibility of betting limits on each platform and whether the site imposes restrictive maximum payout limits on acca bets.
Payment Methods
The best multi bet sportsbooks should support convenient and secure payment options with a variety of deposit and withdrawal methods, including popular options like credit cards, e-wallets, bank transfers, and cryptocurrencies. Let’s not forget the efficiency of transactions, including processing times and any associated fees. Canadian bookmakers that offer fast withdrawals, low minimum deposit requirements, and no hidden charges are favored in our rankings.
Most Popular Sports for Canuck Multibets
Most CA bettors prefer accumulator betting since it allows you to mix and match selections across different sports and events. Some sports, however, are particularly well-suited for multibets due to their structure, popularity, and the availability of diverse betting markets. In the section below, we’ll discuss the most popular sports for multibets in Canada and highlight the key leagues and events that make them stand out.
Soccer
Soccer is a global favourite for multibets due to the sheer number of matches available to bet on. Punters are assured of a constant stream of games across various leagues and tournaments available year-round, which means they have endless opportunities to create winning combinations. You can explore betting markets such as match winner, total goals, both teams to score, handicap betting, and more.
Some of the top soccer leagues for Canadian bettors include:
Canadian Premier League
League1 Ontario
Northern Super League
English Premier League
UEFA Champions League
Major League Soccer
Basketball
The sport’s fast-paced nature and high-scoring games make it a top choice for multibets. Some of the popular basketball betting markets that you can consider including in your acca include point spreads, player props, and total points. There are events held throughout the year, and some of the top leagues featured at the best multibet betting sites in Canada include:
National Basketball Association (NBA)
NCAA March Madness
Canadian Elite Basketball League
Basketball Super League
FIBA World Cup
Tennis
Canucks betting on tennis can look at multiple opportunities due to its individual match structure and around-the-year availability. Unlike team sports, individual performance is less influenced by external factors, making it easier to assess form and likelihood of success. Some of the betting markets that you can add to your parlay include outright winners, set betting, and total games. The betting options range from lower-ranking ATP and WTA tournaments to Masters and Grand Slams like the US Open and Wimbledon.
Cricket
The sport’s unique formats, such as Test matches, One Day Internationals (ODIs), and Twenty20 (T20), offer a wide range of betting options. Additionally, there are many cricket betting markets that you can add to your multi bet, such as match winner, top batsman, total runs, and player performance props. You can explore these markets during major cricket events, such as:
Scotiabank National T20 Championship
Global T20 Canada
ICC Cricket World Cup
Indian Premier League (IPL)
The Ashes
American Football
American football, particularly the NFL, is a staple for multibet enthusiasts. The sport’s structured gameplay and weekly schedule during the season provide a reliable foundation for building parlays. If you are a football betting fan, you can consider betting markets such as point spreads, player touchdowns, total points, and prop bets like first touchdown scorer or player passing yards. Aside from the NFL, you can also explore the Canadian Football League and NCAA College Football.
Horse Racing
If you enjoy combining selections across multiple races, you can also decide to mix win/place/show bets into a single parlay. The unpredictability of the sport, where underdogs can often triumph, and the availability of exotic bets, such as exactas and trifectas, makes horse racing an excellent sport to place acca bets. The best multibet sportsbooks in Canada will feature a variety of markets during major horse racing events like the Kentucky Derby, Royal Ascot, and Breeder’s Stakes, among others.
Baseball
Another favourite sport among Canadian punters looking for multi-betting opportunities is baseball. With a schedule that spans from spring to fall, baseball offers you a wide range of selections to include in your parlay. Some betting markets you can consider include moneyline, run lines, total runs, match winner, and more. Don’t miss out on these markets during events such as:
Intercounty Baseball League
Major League Baseball(MLB)
World Series
MLB All-Star Game
Can You Place Multibets on Mobile?
Most sportsbooks in Canada offer fully functional multibet betting apps or mobile-optimized websites, allowing you to create and place parlay bets with ease. The process is similar to desktop betting: you select multiple events or outcomes, combine them into a single bet, and enter your stake. Mobile apps often provide a more streamlined and user-friendly experience, with features like live updates, push notifications, and quick bet slips.
The main differences between mobile and desktop betting are convenience and interface design. Mobile apps are designed for smaller screens, making navigation and bet placement more intuitive on the go. However, both platforms’ core functionality, odds, and betting options remain the same. Some Canucks might find the desktop better for detailed analysis, while mobile excels for quick, on-the-spot multi betting.
Should You Use Multibet Calculators?
Yes! Many top multibet betting sites have bet calculators that you can use while planning to place a parlay wager. With a basic calculator, you can see the potential return from your selections and stakes. However, there are betting calculators specifically designed for multi bets. The Kelly criterion calculator is the most preferred option among acca punters since you can key in the odds of your selection to calculate the probability of your wager being successful.
Top Multibet Tips & Strategies
Multi bets can be complex to some bettors since there are so many variables that determine the outcome. For that reason, our team has put together a few betting tips and strategies that can help you get the most out of your parlays:
Assess the value: Just because a team is odds-on for victory doesn’t necessarily make them a good bet for an acca. Adding short-priced selections together is great for a parlay, but only if it’s the right game. The idea is to only include odds that offer value to your winning bets.
Limit the number of legs: Generally, a multibet should have a minimum of two selections. However, the more legs you add to your acca, the bigger the risk of one slipping up. Try to locate decent bets that can mix in a treble or four-bet acca.
Stick to what you know: Predicting the correct outcome of two selections is daunting, it’s even harder when you do it with a sport you aren’t familiar with. However, you are better positioned to make an informed decision when you bet on a sport you know.
Multi bet with free bets: Top multi bet sportsbooks offer promos such as free bets during certain events. You can take advantage of these offers to place multis and increase your chance of winning real money without risking your own cash.
Pros and Cons of Placing Multi Bets
Like any type of betting, placing wagers on multiple events has its advantages and disadvantages. These bets come with high risks but high rewards and can be a lot of fun for punters. That doesn’t mean there aren’t other elements to weigh up before putting your money on them.
Pros
Low stakes with high potential rewards
Quick and easy to place
You can combine multiple sports
You don’t have to win all legs in some instances
Cons
Some bookmakers have payout limits
Number of bets can be limited
Why You Should Consider Multibet Betting
Multibet betting allows you to combine selections from different events into a single bet. Whenever you add a leg, the odds of that bet are multiplied by the odds of the other bets in the acca. This means that a single wager could have the potential for huge payouts. However, the more selections there are, the higher the risk of losing one leg. To help you decide if multibet is for you, we have outlined the pros and cons of this bet type. We understand punters have varying risk appetites, and choosing your preferred betting option is important. If you want to try acca betting, check out our list of the best multibet betting sites in Canada. All our recommended sites are safe and legal and cover a wide range of sports where you can find diverse multi bettting markets.
Multibet Sports Betting Sites CA FAQs
A multibet, also known as accumulator/parlay, is a single bet that combines multiple selections. Each acca should have a minimum of two legs, and all the selections must win for the bet to pay out.
Yes, most multibet sportsbooks offer dedicated mobile apps that allow you to place or monitor your parlays while on the go. Additionally, the best Canadian bookmakers have mobile-optimized websites, which provide a convenient way to bet without the need to download an app.
Yes, because all selections in a parlay must win, and if one selection loses, the entire bet is lost. However, the potential payout is higher due to the increased risk.
The odds for each selection are multiplied together, creating higher potential returns compared to single bets.
No, once a multibet is placed, you cannot add or remove selections. You would need to create a new acca bet.
Some of the best sports betting sites provide bonuses or enhanced odds for multibets, especially for a higher number of selections. If you are interested in such offers, check the promotions page of your sportsbook for details.
Generally, a multibet must have a minimum of two selections, but the maximum limit varies by site. Most multibet betting sites allow between 10-20 selections per multibet.
Yes. Top online sports betting sites in Canada allow you to cash out on any live bets, including single and multi bets. As such, you can settle the bet before all the final results of the matches are determined.
