The sapphire bet is a popular sports betting strategy that involves combining multiple legs of point spread bets with a moneyline bet. It's a high-risk, high-reward approach that can lead to significant payouts if you hit all your legs.
A sapphire bet typically consists of three or more point spread bets and one moneyline bet. For example, you might bet on the Denver Broncos to cover the spread (-7) against the Las Vegas Raiders, the Dallas Cowboys to cover the spread (-3.5) against the Philadelphia Eagles, and the Los Angeles Rams to win straight up on the moneyline against the San Francisco 49ers.
If all three of your point spread bets and your moneyline bet win, you win the sapphire bet. If any of your bets lose, you lose the entire sapphire bet.
The payout for a sapphire bet depends on the odds of each leg. The higher the odds, the higher the potential payout.
To calculate the potential payout for a sapphire bet, multiply the odds of each leg together and then multiply that number by the amount you bet. For example, if you bet $100 on a sapphire bet with the following odds:
Your potential payout would be:
(-110) x (-105) x (+120) x $100 = $126.32
There are a few key strategies you can follow to improve your chances of winning a sapphire bet:
Q: What is the minimum number of legs I can have in a sapphire bet?
A: Three.
Q: Can I include over/under bets in a sapphire bet?
A: Yes.
Q: What is the best way to manage my risk when betting on sapphire bets?
A: Don't bet more than you can afford to lose.
The sapphire bet is a fun and exciting way to bet on sports. It can be a bit risky, but if you follow the strategies outlined in this article, you can improve your chances of winning big.
Ready to start betting on sapphire bets? Head over to your favorite sportsbook and place your first bet today!
Team | Spread | Odds | Result | Payout |
---|---|---|---|---|
Denver Broncos | -7 | -110 | Win | $125 |
Dallas Cowboys | -3.5 | -105 | Win | $130 |
Los Angeles Rams | +120 | +120 | Win | $240 |
Total | $495 |
Sportsbook | Minimum Bet | Maximum Bet | Odds | Payouts |
---|---|---|---|---|
DraftKings | $5 | $5,000 | industry-leading | Quick and reliable |
FanDuel | $10 | $10,000 | competitive | Fast and secure |
BetMGM | $5 | $5,000 | competitive | Top-notch customer service |
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