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Winning is important in sports and in life. People take sports seriously and they want to win. However, when people focus on the small wins, it takes away from the bigger wins. The same could apply to sports betting. If you want to make money in sports betting, you have to be ready to take advantage of any opportunity that comes your way, hence the Accumulator Bet. But what is an Accumulator Bet exactly? Let’s find out.
An accumulator bet is a type of wager in which the player combines four or more separate bets into one single bet. For example, if a player wants to place a bet on three horses in one race and another horse in a different race, they could place an accumulator bet. The odds for an accumulator bet are calculated by multiplying the odds for each individual bet. This means that while bettors could have a high probability of winning on one of their individual bets, there is also a higher probability of losing everything if one of the individual bets does not come in winning.
An accumulator bet is typically made up of four individual bets but can be any combination of two single bets or more. There’s no limit to how many individual bets can be used in an accumulator bet.
An accumulator is also called ACCA by bettors and sportsbook, an abbreviation that is easy on the tongue and honestly sounds way cooler. Other ways to refer to an accumulator include multiple bet or parlay bet.
A fun fact: until a few years ago, accumulator bets were not allowed in Canada and bettors could only place single bets. Thankfully a new gambling law passed, and this is not a reality anymore
To calculate the odds for an accumulator bet, you must multiply the odds for each individual bet. You create your accumulator by including more than one bet.
As an example of an Accumulator Bet, let’s say a player has placed an accumulator bet with four individual bets of the following odds 2.00, 3.00, 4.00 and 6.00 .
To calculate the odds of the accumulator, you would multiply these individual odds, 2.00 times 3.00 times 4.00 times 6.00 which would give you combined odds of 144.00. This means that if you were betting $10 per individual bet on these outcomes, your total winnings would be $1,440. Note that each selection of your accumulator needs to be winning for the entire bet to win.
Placing an accumulator bet is straightforward. After having done your preparation, you will add your single bets one by one to your bet slip. As you do this, you will see the odds of your accumulator bet increase.
Some online sportsbooks require you tick the accumulator or multiple bet box in order to activate the accumulator. If you do not do this, the site will record your bets as individually placed. No need to worry though about making mistakes. You will always be asked for a confirmation when placing your final bets.
Technically there’s no limit to how much money can be won or lost when making an accumulator bet because there’s no limit to how many individual bets can be used or how much can be wagered per individual bet. Therefore, this type of wager is popular with bettors because it offers the highest possible winnings.
Nevertheless, there are sportsbooks that have set limits on the maximum amounts that you can win with a bet. Mostly this is indicated in the bet slip where for example your winnings are capped at $5,000 even if odds exceed that amount. If you are unsure if there is a limit set on accumulator bets, read the terms & conditions of the website or sportsbook that you play with. Or ask their customer service representatives.
Football is the most popular sport in the world and therefore it comes to no surprise that it is also the sports most popular in betting.
Just as with any sports, you can also place an accumulator bet for football. Just as there are many markets and games in football, this translates into many options to place your ultimate winning multiple bet.
Popular accumulator bets in football are those where you combine several high probability events with small odds into one bet. You can create for example a 10-fold accumulator all with bets on Total Goals scored in the game to be more than 1.5 (+1.5). If in all those 10 matches one goal or more is scored you will win the accumulator bet. Single odds for goals in a football match to be over 0.5 are usually between 1.10-1.50, but together they quickly accumulate to something big.
In horse racing it is generally considered much more difficult to successfully predict the winner of a race when compared to football. Winning an accumulator bet that includes winners of multiple races is therefore not probably, yet not impossible, which is reflected in the sky high combined odds.
Placing an accumulator bet is a good way to avoid the need to bet on the winning horse but still get good odds in return. You can therefore make sure that not all horses have to win in an accumulator and still win your bet. How do you do this?
It is actually quite simple. Instead of combining winner bets, you take a safer approach and include only top 3 or top 5 predictions in your accumulator. So instead of all of your horses needing to win in an accumulator, all horses need to finish at least top 3 or top 5 for you to have a good payday.
We can only be affirmative about this one. Yes accumulator bets are worth it. This type of bet elevates your betting experience and gives you the chance for bigger wins.
More than half of all bets placed in sports betting are accumulator bets and they deserve all credit for it being an extremely good and fun way of betting. It also brings a lot of excitement along. Just imagine that already three of your four bets have received the green check mark and settled as a win, all you need is one final game to end in your favor.
Making the best use of an accumulator bet’s worth, be sure to play your bet live, that is to say you have to make use of the cash out function that sportsbooks offer you. Or at least consider it. In the example above with three out four selections already a win, you could avoid a final nail biter and opt to take your winnings already. By doing this, you will also prevent losing the accumulator if the final match ends in an unexpected way.
If you are looking for a once in a lifetime payout, then accumulator bets are absolutely worth it. Just note that the higher your combined odds, the less likely your chances of winning are.
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