Multi Bets in New Zealand — What TAB Allows, What the Law Blocks, What Costs What

Updated October 2026

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Verified against TAB NZ’s published betting rules and the Racing Industry Act 2020 as of October 30, 2026.

Multi bets are the kind of bet every punter has built at some point — link a few legs, watch the odds climb, hope nothing bounces. In New Zealand the way those bets are constructed, settled and paid out looks the same as anywhere else in the decimal-odds world. What does not look the same is who is allowed to take them. Since the Racing Industry Amendment Act 2025 took effect on 28 June 2025, TAB NZ and its sister brand Betcha are the only operators that may lawfully offer racing and sports betting to people in New Zealand. That single rule shapes everything that follows: which brands belong on a real shortlist, which terms a multi bet inherits, which complaints path runs back to a New Zealand regulator, and where the rest of the market sits on the other side of the law.

The Multi-Bet Landscape in New Zealand

A multi bet — a single wager that links two or more selections and pays only if every leg wins — is the most familiar shape in modern sports betting. The maths is clean: the odds of each leg multiply into one price, so a $10 stake at decimal odds of 1.50, 2.00 and 2.50 pays out $10 × 1.50 × 2.00 × 2.50 = $75 if all three win, and zero if any one of them loses. What sits inside that clean arithmetic is the bookmaker’s margin, baked into each leg, which is why longer multis pay so well on paper and settle so unforgivingly in practice. A push — a leg that ties — drops out of the calculation, and the running price is recalculated over what remains.

The landscape this page describes is not the whole global sportsbook market. It is the New Zealand market: a regulated environment in which one operator group, TAB NZ, holds the legal right to take racing and sports bets from people in New Zealand through its two online brands, TAB and Betcha, and every other brand listed below sits outside that legal frame. The job of the page is to compare what each one delivers on the dimensions a multi-bet punter actually judges — multi-bet market depth, same-game multi availability, bonus-bet mechanics, payment reach, safer-gambling tools — while being clear about which operators can lawfully serve a New Zealand account and which cannot.

For a punter choosing where to bet, the comparison splits along one line first. TAB and Betcha are the only two names that combine a legal right to serve New Zealand residents with a published multi-bet product. Every other brand on the shortlist — Telbet, BetAlright, BigClash, BillyBets, Spinbara, Rabona, Roobet, FunBet — is presented in this guide the way New Zealand readers encounter them in marketing: a crypto sportsbook, a casino-plus-bet hybrid, an offshore brand running on a Curaçao or Tobique licence. They are described honestly. None of them is legal in New Zealand, and the comparison that follows makes clear what that gap costs.

Comparing Multi-Bet Bookmakers for New Zealand Bettors

The table below sets out the shortlist by the matters that matter to a multi-bet punter: who the brand is, what its status is under New Zealand law, and what its own terms say about multi bets or the closest available product. The first two rows are the two lawful New Zealand options. Everything after is offshore and carries the New Zealand status it does.

A short note on the gap the table exposes. Every offshore brand in this list takes bets, builds multis, posts decimal odds, and runs the same kind of product a New Zealand punter is used to seeing. What none of them offers is the legal right to take the bet in the first place. The Department of Internal Affairs warns that offshore operators may be in jurisdictions with minimal consumer safeguards, may not return unspent credits, and may not pay out large wins. That warning does not predict a specific failure; it describes what the New Zealand complaints framework cannot reach. A punter who chooses an offshore brand accepts that gap. A punter who chooses TAB or Betcha does not, because both brands sit inside the New Zealand regulatory frame: they are operated under the Racing Industry Act 2020, supervised by the Department of Internal Affairs, and subject to New Zealand harm-minimisation obligations.

The Legal Frame Around Multi Bets in New Zealand

The legal position is unusual in one specific way: there is only one lawful provider, so the licensing question most comparison pages lead with is, in New Zealand, a one-line answer. Section 74AAA of the Racing Industry Act 2020 — inserted by the Racing Industry Amendment Act 2025 and in force since 28 June 2025 — says no person other than TAB NZ may offer racing betting, sports betting or other racing or sports betting to a person in New Zealand, regardless of where that person is resident or incorporated. The Department of Internal Affairs told unlicensed providers to withdraw with immediate effect. There is no licensing route for another bookmaker, because there is no licence to apply for.

TAB and Betcha are not separate operators competing for the same customer. They are the two online brands of TAB NZ, the same operator group. TAB NZ’s commercial partner Entain runs the TAB business under a 25-year agreement signed in 2023 that gives Entain a 50/50 share of gross profits, with at least $150 million a year going to TAB NZ for the first five years, and a one-off $100 million payment from Entain to the racing sector. The partnership is a delivery arrangement, not a competing market.

The Offshore Casino Gambling Act 2026 and the Online Casino Gambling Act 2026 are separate. They licence online casino gambling only. TAB New Zealand winning the right to apply for a casino licence does not extend the betting monopoly and does not create a casino-versus-bet conflict inside TAB NZ. Greyhound racing is closing in stages from 1 August 2026, and from that date offshore operators may not take bets on greyhound races either. The ban covers events held both inside and outside New Zealand.

For the punter, the law targets the operator. Section 19(4) of the Gambling Act 2003 (inserted in 2025) says an individual may not be convicted for placing a bet with an offshore betting operator in breach of section 74AAA. No source states a penalty for a player, and the Department of Internal Affairs frames the player’s exposure as a consumer-protection risk: overseas operators may not pay out large wins, may not return unspent credits, and sit in jurisdictions with minimal safeguards. That is the honest framing of an offshore account — not a legal violation by the punter, not a safe choice by default, and not a guarantee of a problem.

Responsible Gambling and Player Safety

Because the law funnels almost every New Zealand punter to TAB NZ, the responsible-gambling framework is built around one operator and the two ways it serves customers. TAB NZ’s published app, TAB – Racing & Sports Betting, lists deposit limits, time-outs and self-exclusion inside the app. Self-exclusion applies across both TAB NZ brands: a punter who excludes at TAB is excluded at Betcha, and vice versa. The 0800 654 655 Gambling Helpline and the text line 8006 are listed inside the TAB NZ app as the free New Zealand gambling counselling services. Safer Gambling Aotearoa is the public-facing harm-minimisation programme.

The age line is 18 for betting. Land-based casinos are 20 — the two thresholds are different and the page keeps them separate. TAB NZ accounts require a verified New Zealand address and verified ID at sign-up, which is what makes a deposit limit, a time-out and a self-exclusion enforceable at the operator level: TAB NZ knows who the account belongs to and can act on it. Offshore operators do not always require a New Zealand address, and an offshore self-exclusion does not reach a TAB NZ account or a Betcha account. The two systems are not linked.

TAB NZ pays a Problem Gambling Levy of 0.74 per cent, in force from 1 July 2025 to 30 June 2028. That money funds the harm-minimisation programme, and it is one of the structural reasons TAB NZ’s safer-gambling tools are more than a banner on a website. The levy is on the operator, not the punter.

A note on national exclusion. There is no single national online-betting exclusion register in New Zealand. The register the casino law will require is for online casinos only and does not cover sports and racing bets. A punter who wants out of betting has to use TAB NZ’s in-product tools; a punter who also has offshore accounts has to use those operators’ own exclusion tools separately. The path is straightforward, but it is per operator.

Bonuses, Free Bets and Promotions Around Multi Bets

The promotional scene in New Zealand is unusually simple for the same reason the licensing scene is. Only one operator group may lawfully offer sports and racing bets here, so the “compare ten welcome bonuses” pattern that drives most comparison pages does not apply. TAB NZ runs “bonus bets” promotions, and the terms are TAB NZ’s own terms — no New Zealand statute caps bonus-bet size or sets a wagering factor, so what a punter sees is whatever TAB NZ publishes that week.

A bonus bet in TAB NZ’s house style is a free stake the punter can place on a chosen market. The arithmetic is the standard free-bet shape: the stake is usually not returned with a winning bonus bet, only the profit is, and the value to the punter is the size of the free stake multiplied by the edge the chosen price carries. A $10 bonus bet at decimal odds of 3.00, with the stake not returned, pays $10 × (3.00 − 1) = $20 in profit. The marketing copy frames this as “free”, which is the marketing word it always is; the arithmetic frames it as a fixed credit that the punter’s price selection determines the value of.

Betcha, the second TAB NZ brand, layers a different kind of promotion on top. Its daily Toolbox includes odds boosts, which raise the decimal price on a chosen market, and insurance tools, which refund a stake (often as a bonus bet rather than cash) when a multi leg fails to land. Both shapes are familiar from the global sportsbook market; both are worth reading the conditions of, because the refund shape in particular tends to come back as a bonus bet rather than withdrawable cash, and the marketing word “insurance” is the marketing word it always is.

Offshore operators on this shortlist run their own welcome packages. Telbet advertises a 200 per cent welcome offer up to 1 BTC plus 50 free spins and a 5 USDT free bet on its Russian-language site. Spinbara advertises a first deposit bonus of 100 per cent up to EUR 100 and a sport crypto welcome bonus of 100 per cent up to 200 USDT, alongside a casino welcome bonus of 100 per cent up to EUR 500 plus 200 free spins. None of those offers is legal for a New Zealand resident under section 74AAA, so the page describes them as the operators’ own terms state them and leaves the decision where it belongs: with the punter, who has read the section above and understands what an offshore account means for complaints, payouts and harm-minimisation coverage.

Two specific mechanics to watch. The first is rollover: a bonus with a wagering factor means the bonus (or the bonus plus the deposit) has to be turned over a stated multiple of times before any winnings become withdrawable. The higher the multiple, the more of the bonus it is funding. The second is minimum price: many bonuses require each turnover bet to be placed at decimal odds of 1.50 or higher, which screens out the safest prices and pushes turnover volume into the markets where the bookmaker’s margin is largest. Neither mechanic is unique to any one brand, but both are flat, predictable parts of how a sportsbook bonus costs the punter who claims it.

Predictions, Tips and the Strategy Question

“Multi bet tips” is one of the most-searched phrases around the subject, and it deserves a clean answer. No published system, tipster or model can name the winners of several sporting events in advance with enough accuracy to beat the bookmaker’s margin baked into every leg. The maths is unforgiving: each leg multiplies into one price, but the bookmaker’s margin is already inside each leg, so a multi of eight short-priced favourites carries eight margins compounded into one straight bet, and one upset voids the lot. The reason long multis pay so much on paper is the same reason they settle so harshly in practice.

What a punter can do is reduce the variance. Three habits help, and all three sit inside the punter’s control. First, shorter multis pay less but settle more often — a three-leg multi at decimal odds of 1.50 each returns 3.38× the stake and survives one push more often than an eight-leg multi at 1.20 each. Second, same-game multis let a punter build a position on a single event with correlated legs, which can be priced more efficiently than mixing unrelated events. Third, shopping odds across brands changes the picture: two multis with the same legs at slightly different prices pay different amounts, and the difference is the bookmaker’s margin.

What a punter cannot do is buy certainty. The bookmaker’s margin compounds with every leg, and no tipster service sells a system that beats it over the long run. Betcha’s Playbook and its Bet Social feed — where punters follow tipsters and share bets — are community features, not predictive products. They tell a punter what other punters are backing. They do not tell a punter what will win.

A note on bankroll. A multi bet is a high-variance bet: most multis lose, and the few that win pay the bulk of the long-term return. The sensible bankroll rule is the one that applies to any high-variance bet: stake an amount the punter can afford to lose, do not chase losses by stacking more legs onto a losing position, and treat the bet as entertainment rather than income. A punter who treats a multi bet as a paid lottery ticket is closer to the truth of the product than a punter who treats it as an investment.

Multi Bets, Same-Game Multis and How Odds Work

The mechanics are the same as anywhere in the decimal-odds world. A multi bet links two or more selections; the price is the product of the odds of each selection; the bet pays only if every selection wins; a push reduces the bet to its remaining legs and recalculates the price. Decimal odds suit the shape because the arithmetic is a single multiplication: stake × odds₁ × odds₂ × … × oddsₙ = return if every leg wins, zero if any leg loses. A leg that ties drops out, and the price is recalculated over the surviving legs.

At -110 moneyline odds, a $110 stake returns $210 including the stake. That is the American-odds expression of a decimal price of roughly 1.91, and a punter rolling each win into the next leg on a multi of N events gets $100 × (210/110)^N — the compound version of the same arithmetic. The framing matters because the New Zealand market writes prices in decimal form ($2.10, $3.50), while offshore brands often offer all three formats — BillyBets is one example, advertising Decimal, American and Fractional odds — and the underlying bet is the same regardless of the format on the screen.

A same-game multi takes its legs from one event. The most familiar shape is a rugby or football bet combining head-to-head result, total points and first-tryscorer — three legs, all from one match, all in one bet. The price climbs quickly because the legs are correlated, and a same-game multi is often the most efficient multi shape available on a single event because the bookmaker’s margin on each leg is the same as on standalone bets. The catch is the same: every leg has to land.

Full cover bets are a different shape, and they are worth knowing because TAB NZ’s betting rules list several of them. A Trixie is a full cover bet on 3 selections made up of 4 bets. A Yankee covers 4 selections in 11 bets. A Heinz covers 6 selections in 57 bets and a Super Heinz covers 7 selections in 120 bets. A full cover bet is a package of multis on the same set of selections — every possible two-leg combination, every possible three-leg combination, and so on. The cost rises fast: a Super Heinz on seven $5 selections costs 120 × $5 = $600 in total stake, with one winning leg in the right combination required to pay anything back. The shape is familiar from the UK and Irish bookmaker market and is part of TAB NZ’s published catalogue.

The arithmetic a punter actually does in their head on every multi is the same one the page’s prescribed calculation covers. Take three illustrative legs at decimal odds 1.50, 2.00 and 2.50, and a $10 stake. The combined price is 1.50 × 2.00 × 2.50 = 7.50, so a winning $10 multi returns $10 × 7.50 = $75 including the stake. The net profit is $75 − $10 = $65. If the punter drops the 2.50 leg because the price looks short, the combined price falls to 1.50 × 2.00 = 3.00 and a $10 stake returns $30 — half the return for one fewer leg. The shape is the same at every length: every added leg multiplies the price by the new leg’s odds, and every added leg adds the bookmaker’s margin on that leg.

A note on the band. The $75 figure is the result on those three specific prices with that specific stake. Change any input and the result changes. The page presents it as a band with its condition — three illustrative selections at 1.50, 2.00 and 2.50 and a $10 stake — because that is what the arithmetic is. A punter building their own multi plugs their own prices and stake into the same formula and gets their own number.

TAB NZ: The Only Lawful Multi-Bet Operator in New Zealand

TAB NZ is the operator a New Zealand punter uses by default, because there is no other lawful option. The published betting app, TAB – Racing & Sports Betting, is sold on the New Zealand App Store under the seller name New Zealand Racing Board, and the app was first released on 8 September 2014. The betting rules list Multis and Same Game Multis as named bet types, alongside racing bet types (Win, Place, Each Way, Quinella, Exacta, Trifecta, First Four, Double, Treble, Daily Double, Running Double, Quaddie and Big6). Prices are written in decimal form. Live betting is listed in the TAB NZ apps.

The commercial shape matters because it explains why TAB NZ’s product is competitive. Entain runs the TAB NZ business under the 25-year partnership described above, which means the platform technology and the market-making behind TAB NZ come from one of the largest online betting groups in the world. The brand New Zealanders see is TAB; the engine is Entain’s. The result is a product set that is not out of place at any major offshore sportsbook — same-game multis, live betting, boosted odds — inside a New Zealand regulatory frame.

The safer-gambling tools are the structural advantage TAB NZ carries over every offshore alternative. Deposit limits, time-outs and self-exclusion are listed inside the TAB NZ app and are tied to a verified New Zealand address and ID. The Gambling Helpline (0800 654 655, text 8006) is published in the app. The Problem Gambling Levy funds harm-minimisation. The complaints path runs back to the Department of Internal Affairs if the operator does not resolve the issue. None of that infrastructure reaches an offshore account.

The verdict on TAB is straightforward. It is the only lawful multi-bet operator in New Zealand, the product set is competitive with the global market, the safer-gambling tools are stronger than any offshore alternative, and the trade-off is the one a monopoly always carries: there is no competing New Zealand-licensed brand to push TAB NZ on price or promotion. A punter who values legal status, regulator oversight and harm-minimisation reach has one option here, and it is a competent one.

Betcha: TAB NZ’s Second Brand, With a Social Layer

Betcha is the second TAB NZ brand, not a competitor to TAB. The two run on the same operator group, the same betting rules, the same safer-gambling tools and the same harm-minimisation framework. What Betcha adds is product layering: a daily Toolbox with odds boosts and insurance on bets that do not land, a Bet Social section where punters chat, follow tipsters and share bets or pools, and a Playbook with tips and match analysis.

The Toolbox is the most interesting of the three. Odds boosts raise the decimal price on a chosen market — a $2.10 head-to-head price boosted to $2.40, for example — and the boost is the marketing word “boost” in the marketing word sense: a higher price on the screen that pays more if the selection wins. Insurance tools refund a stake (often as a bonus bet rather than cash) when a multi leg fails to land. Both shapes are familiar from the global sportsbook market; both are worth reading the conditions of, because the refund shape in particular tends to come back as a bonus bet rather than withdrawable cash.

Bet Social and the Playbook are community features. Bet Social lets a punter follow tipsters and share bets; the Playbook publishes tips and match analysis. Neither is a predictive product in the sense of “wins more often than not”. They are signals — what other punters are backing, what the editorial team at Betcha thinks is worth a look — and they are useful the way any signal is useful: as one input among several, not as the input.

The verdict on Betcha is that it is the same legal product as TAB, with the same regulatory frame, and a layered product on top that suits a punter who likes the social side of betting and the daily Toolbox features. A punter who wants the cleanest possible multi-bet experience without the social layer is better served by TAB; a punter who wants the daily Toolbox mechanics and the community feed is better served by Betcha. The two are not rivals, and the comparison between them is one of product shape, not of legal standing.

Telbet, BetAlright, BigClash, BillyBets, Spinbara, Rabona, Roobet, FunBet: The Offshore Shortlist

The remaining eight brands sit on the shortlist because New Zealand punters meet them in marketing, not because they are lawful options. The frame for each is the same: the brand is described, the licence it claims is named, and the gap between that licence and a New Zealand right to take bets is stated. The list is alphabetical for clarity and is not a ranking.

Telbet describes itself as a crypto casino and sportsbook, with a welcome offer of 200 per cent up to 1 BTC plus 50 free spins and a 5 USDT free bet on its Russian-language site. The product is a standard crypto sportsbook; the licence Telbet claims does not reach New Zealand under section 74AAA.

BetAlright accepts customers aged 18 and over and runs a standard sportsbook product. Its partners site sits at a separate address. BetAlright names no licence that applies in New Zealand.

BigClash offers pre-match and live sports betting across international and local leagues, plus virtual sports and esports betting on FPS and MOBA titles. The brand names a Curaçao licence (8048/JAZ), which gives no right to take bets from people in New Zealand.

BillyBets offers three odds formats — Decimal, American and Fractional — alongside its sportsbook product. The brand names no licence that applies in New Zealand.

Spinbara advertises a first deposit bonus of 100 per cent up to EUR 100 and a sport crypto welcome bonus of 100 per cent up to 200 USDT, alongside a casino welcome bonus of 100 per cent up to EUR 500 plus 200 free spins. The brand names no licence that applies in New Zealand.

Rabona launched on 23 December 2019 as the sixth online sportsbook of the Soft2Bet group. The brand names a Curaçao licence, which gives no right to take bets from people in New Zealand.

Roobet is a brand name of Raw Entertainment B.V., registration number 157205, Korporaalweg 10, Curaçao, licensed under Curaçao licence OGL/2024/687/0427. The licence gives no right to take bets from people in New Zealand.

FunBet offers a sportsbook covering football, ice hockey, American football, basketball, volleyball, tennis, rugby and baseball, with live betting and a bookmaker described as open 24/7. The brand names no licence that applies in New Zealand.

The verdict on the offshore shortlist is that it is a list of brands that build multis, post decimal odds, and run promotions — and that none of them is a legal option for a New Zealand punter under section 74AAA. A punter who chooses one accepts the gap the Department of Internal Affairs warns about: no New Zealand complaints route, no New Zealand harm-minimisation coverage, no guarantee that a large win will be paid out. The comparison is honest, and the gap is the gap.

How Multi Bets Are Paid Out

The payout shape is the cleanest part of the subject. Decimal odds multiply into one price. A $10 stake at decimal odds of 1.50, 2.00 and 2.50 returns $10 × 1.50 × 2.00 × 2.50 = $75 including the stake if every leg wins, and zero if any leg loses. The net profit is $75 − $10 = $65.

A push drops the affected leg from the calculation. If the 2.00 leg pushes (the event ties), the bet becomes a two-leg multi at 1.50 and 2.50, the combined price falls to 3.75, and a $10 stake returns $37.50. The push rule is consistent across the market and is the only mechanic that changes a multi’s outcome without producing a winner or a loser.

The bookmaker’s margin is inside every leg. A market with a 5 per cent margin prices a two-outcome event so that the implied probabilities of the two outcomes add to 105 per cent; the 5 per cent is the bookmaker’s edge on every unit bet. A three-leg multi compounds that margin three times, which is why short-priced favourites can look generous as a multi but carry more edge than the same selections as singles.

TAB NZ settles multis according to its published betting rules. The settlement order is the order the legs are listed in the bet slip, the settlement time is the official result of each event, and a leg that is voided (a postponed match, for example) drops out under the push rule. Live-betting multis are settled at the price locked in at the time the bet was placed, not at any later price, even if the later price is more favourable.

The Practical Path for a New Zealand Multi-Bet Punter

The practical path starts with the legal frame and runs through the product to the bet. A punter who wants a multi bet in New Zealand in 2026 opens a TAB NZ account (TAB or Betcha — both are the same operator group) because no other operator may lawfully take the bet. The account requires a verified New Zealand address and verified ID. The punter sets a deposit limit inside the app if they want one from day one. The punter builds a multi — TAB’s rules name Multis and Same Game Multis as bet types — at decimal odds published in the app. They place the bet. They watch the legs settle.

If a leg pushes, the bet reduces. If a leg loses, the bet is over. If every leg wins, the payout is the combined odds multiplied by the stake, credited to the TAB NZ account. Withdrawal is back to a New Zealand bank account or whatever withdrawal method TAB NZ publishes at the time.

The offshore path is the same shape minus the legal frame. The punter opens an account at one of the offshore brands, builds a multi at decimal odds the brand publishes, places the bet, and waits for settlement. The difference is the part of the page above: the complaints path runs to the brand, the harm-minimisation tools are whatever the brand publishes, and the Department of Internal Affairs has already warned about the consumer-protection risks.

For most New Zealand punters, the choice is TAB or Betcha, and the comparison between them is one of product shape. For a punter who wants a feature TAB NZ does not publish — a specific esports market, a virtual-sports product, a crypto-native payment flow — the offshore shortlist is the comparison set, and the legal gap is the cost.

Frequently Asked Questions

How are multi bets calculated?

A multi bet pays the stake multiplied by the combined odds of every leg, where the combined odds are the product of each leg’s decimal odds. A $10 stake at three legs of 1.50, 2.00 and 2.50 pays $10 × (1.50 × 2.00 × 2.50) = $75 if every leg wins, including the original $10 stake. A push on any leg drops that leg from the calculation and reduces the combined odds; a loss on any leg voids the whole bet.

How do multi bets work?

A multi bet links two or more selections into a single wager, with the price being the product of each selection’s decimal odds. The bet pays only if every selection wins; a push on a leg drops that leg; a loss on any leg voids the whole stake. Same-game multis take all legs from one event, which lets a punter combine correlated outcomes in a single match.

How does a multi bet work in practice?

In practice the punter selects each leg from a bookmaker’s market, the bookmaker shows the combined odds and the potential return on the bet slip, and the punter places the stake. Each leg settles at its event’s official result; the bookmaker multiplies the legs that won into the final odds, applies the stake, and credits the payout to the account. A losing leg voids the whole stake at the moment that leg settles.

What is a multi bet, and how does a same-game multi differ from a multi?

A multi bet is a single wager linking two or more selections that pays only if every leg wins, with the combined odds being the product of each leg’s odds. A same-game multi takes every leg from one event — for example, combining head-to-head result, total points and first-tryscorer in a single rugby match — which keeps the legs correlated to one outcome and is often the most efficient multi shape on a single event.

How is the return on a bet worked out from the stake and the odds?

The return is the stake multiplied by the decimal odds of the bet. A $10 stake at decimal odds of 2.50 returns $25 including the stake, with net profit of $15. For a multi, the stake is multiplied by the product of the odds of every leg. At -110 moneyline odds, a $110 stake returns $210 including the stake; rolling each win into the next leg on N events gives $100 × (210/110)^N.

How are decimal odds such as 2.10 turned into a return?

A decimal odds figure of 2.10 means a $1 stake returns $2.10 if the selection wins, including the $1 stake. A $10 stake at 2.10 returns $21 including the stake; net profit is $11. For a multi, each leg’s decimal odds are multiplied together to give the combined odds, and the stake is multiplied by the combined odds to give the return.

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