Accumulator Bet Guide
Betting on total goals is an accumulator-friendly way to boost your chances of seeing a return, given that the market limits the number of possible outcomes. On the exchange site, it is not possible to bet on accumulators, while on the sportsbook it is. Accumulator bets have been made famous because of everyone’s desire to strike lucky and become rich overnight. Although there is nothing particularly wrong with chasing this dream, we think it is important that you know that the chances of hitting those miracle bets are very unlikely. We’ll run through a risk averse accumulator strategy to give you an idea of what can be achieved using OddsMonkey’s software. But did you know that accas are also widely used with matched betting?
It is impossible to track the origins of the multiple or combo bet. People have been combining scenarios together into bets for as long as there has been betting. You can imagine 10,000 years ago groups of humans betting a hunks of mammoth meat on the results of two or more fights, basically an accumulator wager.
As you can see the odds for this was 9/5, so West Ham were expected to win. Alas, it was not to be, the game ended 1-1 and even to the last second there was a chance the bet would win. So no matter what sport you like to place your accumulator bets on, I recommend you do your research before placing any wagers.
While we can shop around for the best odds across a range of bookmakers when placing single bets, when creating accas we are a touch more restricted. Now when it comes to your mainstream bookmakers such as Ladbrokes, William Hill and the like, they are happy to offer accumulators without reduced odds. For an accumulator bet to be valid it must be composed of indepedent markets.
Any multiple selection bet can be considered to be an accumulator, or acca for short. The idea is that with each winning selection the payout from one selection becomes the stake for the next. This way, even though you may have staked very little at the outset, by the end your stake should be a significant sum, thus generating the hefty payout. You can choose the stake for your accumulator bet and most betting websites will show you the potential return that can be enjoyed if all your selections win.
Odds are cumulative so each selection you add in to the multiple increases the payout but obviously also increases. If one selection is void this doesn’t mean you accumulator is also void, this simply means that selection will drop out, so if you have a multiple with 5 picks it will become a 4-fold instead. The minimum number of games that can be bet upon in an accumulator is four, but many more are available. Yankees and Lucky 15s, for example, are forms of accumulators that allow bets to be placed on 11 or 15 events respectively. Two and three-fold accumulator bets can be placed, but these types are not commonly called accumulators. While they follow similar rules to accumulators, they are instead referred to as doubles and trebles respectively.