Bet Builder | What Are Bet Builders? How Do I Make Personalised Bets?

Bet Builder | What Are Bet Builders? How Do I Make Personalised Bets?

Bet builder allows bettors to create customised bets by combining different selections from the same event

What Is A Bet Builder?

Bet builders are a relatively new feature offered by many bookmakers that allow customers to create their own unique bets by combining multiple selections from the same event. With bet builders, you can combine different markets or outcomes within a single game or event to create a single bet with custom odds.

To use a bet builder, you simply select the event you’re interested in, such as a football match, and then choose the bet builder option. You can then select the different outcomes you want to bet on, such as the result, first goal scorer, total goals, and so on. The odds for each selection are combined to give you a single overall price for your custom bet. So, instead of having to place multiple bets on different markets, you can create a single bet with all the outcomes you want to back. 

It’s worth noting that not all bookmakers offer bet builders, and the availability of different markets and outcomes may vary between different operators. Additionally, bet builders often have certain restrictions or conditions attached, such as minimum or maximum stake limits, or only being available on certain events or markets.

Bookmakers With Bet Builder

Are Bet Builders The Same As Accumulators?

Bet builders and accumulators are both types of sports bets involving multiple outcomes, but they are not the same thing. 

A bet builder allows you to create a customised bet by selecting multiple related outcomes from a single event. For example, in a football match, you might be able to bet on the number of goals, the number of yellow cards, and the number of corners, and combine them into a single bet.

An accumulator, on the other hand, is a type of bet where you combine multiple unrelated selections from different events into one bet. You can often include bet builder selections as part ofan accumulator.

The main similarity between bet builder and accumulator bets is that all of your selections must be correct to receieve a payout. Furthermore, the potential payout for both bet types is much higher than a single bet, as the risk is also higher. Essentially if one selection is incorrect, there will be no payout.

Recommendations For Bet Builders

When using bet builder, it’s wise to consider the interdependence of selections, as betting on unrelated outcomes might not make sense.

For instance, betting on one side to receieve a red card and to also win the game and score multiple goals could be unwise. Typically when a team receives red card they will not score many goals, because they’ll be at a disadvantage due to losing a player.

Instead, you might opt to focus on non-contradictory selections, such as predicting a team to score multiple goals, and to be awarded a penalty kick. This could make sense for a particularly attacking team that likes to dribble the ball into the penalty box at speed — often scoring goals or drawing fouls.

Pros & Cons of bet Builders

Bet builders offer greater customisation, convenience, flexibility, and potential payouts, but can also be more complex, higher risk, and subject to restrictions.

Pros

  • Customisation

    Bet builders allow you to create a customised bet tailored to your specific interests and preferences. You can choose the markets and outcomes you want to bet on, creating a unique wager that suits your personal betting strategy.

  • Convenience

    Instead of having to place multiple bets on different markets or events, bet builders allow you to create a single bet that includes multiple outcomes. This can be more convenient and time-saving, as you can place all your wagers at once.

  • Flexibility

    Bet builders offer greater flexibility than traditional betting options, allowing you to combine different markets and outcomes in a single bet. This can be especially useful for combining different types of bets, such as match result, goal scorer, and total goals, to create more complex and sophisticated wagers.

  • Higher Potential Payouts

    By combining multiple outcomes into a single bet, you can potentially achieve higher odds and payouts than you would with traditional bets. This can be especially attractive for bettors who are looking for bigger wins with lower stakes.

Cons

  • Complexity

    Bet builders can be more complex than traditional betting options, as they require you to combine multiple outcomes into a single bet. This can be confusing or overwhelming for some bettors, especially those who are new to sports betting.

  • Restrictions

    Bet builders are not available on all markets or events and are often subject to certain restrictions, such as minimum or maximum stakes, and only being available on certain markets or events. This can limit your options and make it more difficult to find the right bet for your needs.

  • Higher Risk

    Because bet builders often involve multiple outcomes, they can be higher risk than traditional bets, as a single incorrect prediction can result in the loss of the entire bet. This can be especially true for more complex bet builders with multiple outcomes.

  • Temptation to Over-bet

    Bet builders can be tempting for bettors looking for bigger payouts, and this can lead to over-betting or chasing losses. This can be risky behavior and lead to financial losses and problem gambling.

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Toby @ Punter2Pro
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