A chain bet in 1xbet is a type of bet that allows you to combine multiple bets into one selection. It consists of a sequence of single bets, each with a fixed amount and odds. The success of each bet in the chain is necessary to continue the sequence.
How Does a Chain Bet Work on 1xBet
A chain bet involves combining several bets into one, and you can choose the order and outcomes of the events in the chain. You only deposit the amount of the first bet.
Here’s a basic idea of how a chain bet works on 1xBet:
- Selection of bets: You choose a series of individual bets, which are linked together in a chain.
- Chaining: The stake and potential winnings from the first bet in the series become the stake for the second bet, and so on. The chain continues until all the bets are either successful or until one of the bets in the chain loses.
- Winning and losing: If all the bets in the chain are successful, you win the accumulated amount. However, if any of the bets in the chain loses, the entire chain bet is lost, and you don’t receive any winnings.
- Flexibility: 1xBet offers flexibility in chain bets, allowing you to cash out partially or fully before completing all the bets in the chain. This feature provides risk management and allows you to secure winnings before the entire sequence is completed.
How to Place a 1xBet Chain Bet
To place a 1xBet chain bet, follow the following simple steps:-
- Log into your 1xBet account. If you don’t have one, follow this link to the registration page
- Navigate to the sportsbook and select the events you want to bet on. You can place bets on pre-match and live events, and the markets have no restrictions
- Select the chain bet option on the bet slip
Step 1
Step 2
- Enter your stake for the first event. The subsequent stakes will be automatically calculated based on your winnings
- Confirm your bet
How is a 1xBet Chain Bet Calculated?
The chain bet is calculated based on the coefficients and the results of each event, not on the chronological order. A chain bet can be profitable even if some events fail as long as the first event wins.
However, a chain bet can also be lost if any event fails or if the balance of the chain goes down to zero.
You can use this formula to calculate your potential winnings from a chain bet:
Winnings = (Stake x Odds) x Number of wins
For instance, if you place a 1xBet chain bet with a stake of $100 and three bets with odds of 2.00, 3.00, and 4.00, respectively, your potential winnings are:-
Winnings = (100 x 2.00 x 3.00 x 4.00) = $2400
Top Features You Must Understand in the 1xBet Chain Bet
Here are some features of the 1xBet chain bet
- You can choose any order of events in the chain as long as they are unrelated.
- You can place your first bet on any event, whether live or pre-match and then add more bets on different events in any order.
- You can adjust your stake for each bet according to your risk appetite and budget. The stake for each bet is 100% of the chain bank but not more than the first bet. The next bet is calculated on the account balance if the chain bank is less than the original bet amount.
- If any event in the chain loses, you can win or lose your entire stake. However, you can also win some money if all events in the chain win. The payout depends on how many events you have in your chain and how much they pay.
- You can use a chain bet to diversify your bets and increase your chances of winning while reducing your risk of losing all your money. A chain bet can also help you take advantage of different odds offered by different bookmakers.
The Pros and Cons of a 1xBet chain bet
Pros
- Cumulative winnings: Successful bets in the chain contribute to cumulative winnings, potentially resulting in higher payouts than individual bets.
- Flexibility with cash out: 1xBet offers the option to cash out partially or fully before completing all bets in the chain. This feature offers flexibility and allows you to secure winnings or minimize losses.
- Risk management (with cash out): The cash-out feature provides a level of risk management, allowing bettors to control their exposure and potentially lock in profits.
Cons
- Increased risk: The failure of any single bet in the chain results in the loss of the entire chain bet. This increased risk can lead to higher chances of losing the entire stake.
- Complexity: Managing a linked bet chain can be more complex than placing individual bets. Bettors must carefully consider the selection of events, stake amounts, and potential outcomes.
Are 1xBet Chain Bets any Better than a Multibet?
A chain bet and a multibet are both types of bets that allow you to combine multiple events into one selection. However, they have some differences in how they work and their advantages and disadvantages.
The main difference between a chain bet and a multibet is that a chain bet is limited by the number of winning events in the chain. In contrast, a multibet is unlimited by any number of winning events in the combination. A chain bet is also more risky than a multibet because it can lose the entire stake if any event in the chain loses. A multibet is more flexible than a chain bet because it can offer different types of bets and higher payouts.
Therefore, whether a chain bet or a multibet is better depends on your preferences and goals as a bettor. If you want to increase your chances of winning while reducing your risk of losing all your money, you might prefer a chain bet. If you want to diversify your bets and take advantage of the different odds offered by 1xBet, you might prefer a multibet.
Crucial Tips and Tricks to Select and Order Your Chain Bet Better
Selecting and ordering your chain bet effectively involves a combination of strategic planning, risk management, and understanding the specific features of the betting platform you are using.
Here are some crucial tips and tricks to help you make better decisions when placing a chain bet:
Research and analysis
Conduct thorough research on the events or matches you plan to include in your Chain Bet. Consider factors such as team form, player injuries, and historical performance.
Diversification
Diversify your chain bet by selecting events from different sports or markets. This can help spread risk and reduce dependency on a single type of outcome.
Risk tolerance
Assess your risk tolerance and set realistic expectations. Avoid extending the chain excessively, as this can increase the overall risk.
Understand the cashout option
Familiarize yourself with the cash-out feature offered by the betting platform. Understand how it works and consider using it strategically to secure partial or full winnings.
Review betting limits
Check the minimum and maximum stake limits imposed by the bookmaker for chain bets. Ensure that your intended stake falls within these limits.
Discipline
Practice discipline when selecting and ordering your Chain Bet. Avoid making impulsive decisions or extending the chain beyond what you initially planned.
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- Source: https://sportsbettingtricks.com/what-is-a-chain-bet-in-1xbet/
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