Betting is mainly enjoyed for the ‘rush’ it gives us. There are many types of betting and sports betting is one of the most anticipated betting out there. Octopus betting is a relatively new sort of betting that came into being very recently. In this article, we will examine how octopus betting works, how to ‘actually’ place such a bet, and some tips for a safe bet.
Overview: Octopus Betting
When a football player scores a touchdown(six points) and then a two-point conversion (two points), a total of 8 points are scored, thus an octopus. All these eight points are to be made by the same player, so betting is introduced. This was originally coined by Mitch Goldich, a sports writer in ‘Sports Illustrated’.
As with betting online, the most popular US sports betting apps and sites assign the lowest odds to the option that they think is likely to happen. Here, the least likely outcome is assigned as “longest odds”, in other words, the option where there is a low chance of winning. A simple example would be “Will there be an octopus tonight?” – YES or NO? Several sites help predict the percentage of chances for the odds of it happening and not.
How it works
Sports betting is made easy by US sportsbooks to place bets online. All you have to do is sign up, deposit an amount, bet on an octopus betting market, and watch the game.
Some apps that support octopus betting are ESPN BET, BetMGM, Caesars Sportsbook, etc. Mostly, these apps will be available on PC, tablets, android, and IOS.
History of scoring octopus
175 successful octopus attempts were made in the recorded history of the NFL. Some famous players who are exclusive members of the multiple Octopi club are Rob Moore, Torrance Small, Todd Gurley, Mark Andrews, Patrick Mahomes, and Jalon Hurts.
The very first octopus was scored in 1994 by Rob Moore and Torrance Small, both in a single game in 1996 when nobody even knew what an octopus football betting was.
Todd Gurley notched the most phenomenal octopi in history, claiming four octopi during his stint at Los Angeles.
Patrick Mahomes, being a quarterback, scored a 14-yard touchdown against the Tennesse Titans which was later converted to equalize in the fourth-quarter comeback that saw the Chiefs snatch victory.
Mark Andrews also pulled an unbelievable double octopus which even featured a blocked field goal attempt in between touchdowns during the Ravens versus Colts, in 2021.
Jalen Hurts claimed two octopi wherein one was during Super Bowl 57 which paid up to +1400 and bettors were celebrating during the fourth quarter when Hurts equalized with a rushing touchdown and a two-point conversion.
Facts, pros and cons
Any bet will have some degree of risk and an octopus bet is no different. Although, it is still a relatively new prop market, the right set of opportunities is usually reserved for big games like the Super Bowl.
Octopus betting, even though being a statistically unlikely bet, is an incredibly exciting occurrence to spot.
The overall chances of success are low so the payouts are very high.
Nevertheless, plenty of statistical data help predict successful octopuses despite conversion attempts rarely being successful.
Either way, octopus betting increases the potential payout of the same game parlay encouraging gamblers to lay more money out.
Tips for safe betting
- Use bonuses provided by the betting handle in your initial bets so that even if you lose a bet, it will cover the stake. Or better, if you add a little more amount to the welcome bonus provided for you, it will not be a large amount if you lose and the returns you receive will be double/triple.
- Avoid parlay bets if the likeliness of winning is low.
- Look for wagering requirements and other choices like the bet type before laying bets.
- Only bet on what you can afford to lose.
- Keep a check on the stats and the match’s performance.
- Survey teams with a two-point conversion rate; players who have scored a two-point conversion are more likely to score a touchdown than contrariwise.
- Look out for previous octopi in the game; the chances of scoring an octopus in the current game are more likely if the players have scored an octopi before.
- Focus on trying to obtain value every time you place a bet.
- Betting on draws is one of the best sports betting strategies, especially in football.
- Don’t make aggressive betting a habit because you lost the previous two and want to gain it back in a short time.
Conclusion
To conclude, octopus betting is one of the most exciting ways to bid your assets and now you know why. We get the opportunity to explore more about a sport that we already like and we learn that both luck and skill influence the chance of winning. Here, we learned about what octopus betting is, how it works, and how to place a safe bet. As long as you have a way to find a management strategy and add value to what you’re doing, you will be able to make profits. So, get creative, make your own rankings, do your own research, invent your own conclusions, and sometimes, simply follow your gut.
