Rainbet's sportsbook: how odds, singles and multiples work

What sports does Rainbet cover?

Rainbet sports spans more than 30 sports. Those listed below are part of the sportsbook menu.

Football and esports each get a page on this site: Rainbet football and Rainbet esports.

Is a separate sports account required?

No. The sportsbook is one of the five categories in the Rainbet library, and it uses the same account and balance as the casino. As soon as a deposit is credited, it can go on a football bet or a game of Plinko, and winnings from either are paid to the same place.

What separates pre-match from live betting?

You place a pre-match bet before an event begins, at a price that changes slowly. You place a live bet while the event is running, at a price that follows every goal, point or round. A Live Matches section lists events in progress, and a My Bets section lists your open and settled bets.

• Pre-match leaves time to compare markets and consider the stake.
• Live responds to the action, and prices may change between your tap and the acceptance of your bet.
• Both are settled to the same balance after the result is confirmed.

What do decimal odds mean?

Decimal odds give the total return for each unit staked, with the stake included. At odds of 2.50, every 1 you bet returns 2.50, which is 1.50 of profit plus your 1 back. Multiplying the stake by the decimal price gives the whole payout.

How do singles differ from multiples?

A single is a bet on one selection, and it stands or falls by itself. A multiple joins two or more selections in one bet, and it pays only if every selection wins. The odds are multiplied together, so multiples pay more and win much less often.

Each additional leg in a multiple brings its own margin. Whatever the payout looks like, long multiples are the most expensive bets at any sportsbook.

Are sports bets counted in Rainbet races?

Yes. Sportsbook bets count 3x in Weekly and Monthly Races. Rainbet races sets out the pools and the periods.

Which sports partners does Rainbet have?

Among its official partners, Rainbet names Sean Strickland, Justin Gaethje, Joshua Van and BKFC. Boxing and MMA each have their own entry in the sportsbook menu.

What does the margin in a betting market mean?

Bookmakers build their share into the prices, and that share is the margin. If a two-way market were fair, both sides would be priced at 2.00. A sportsbook could price each at 1.90, and the gap that results is its margin.

To see the margin, turn each price into a percentage and add the percentages together. A price of 1.90 comes to about 52.6%, and the two together make about 105%. The amount above 100% is the margin, which is why value counts for more than picking winners.

How can you keep a betting budget?

Setting a budget before your first bet is easier than setting one after a loss.

• Put aside an amount for sports and think of it as spent.
• Limit each stake to a small, constant fraction of that amount.
• Never increase stakes to win back a bad day.
• Write down your bets, stakes and results in a simple record, which shows what is really going on.

When does a bet get settled?

Settlement takes place once the official result is confirmed, and winnings go to the balance the stake was taken from. My Bets lists both open and settled bets. Rainbet's Sportsbook Rules decide what happens to a bet when a match is postponed or abandoned.

What is worth checking before you bet?

1. Read the name of the market closely. Match result, handicap and totals are separate bets on a single game.
2. Note whether the bet is pre-match or live, because live prices move.
3. Before submitting, confirm the stake and the possible return on the bet slip.
4. Afterwards, open My Bets to confirm that the bet was accepted.

The Sportsbook Rules on rainbet.com govern settlement. For the casino side of the same account, read Rainbet casino.