Written in short as acca, accumulators are referred to as multibets which simply means a combination of different single bets also known as legs in a particular bet slip, the major characteristic of accumulators that distinguishes it from other types of bets is that all the bet selections have to win for the bettor to get a winning or pay out.
Placing bets as accumulators has gained popularity over the last two decades, with football among other sports being at the fore front of this kind of bet. Its now a norm to step into bet shops and observe individuals queued up all waiting to select and stake his own selection of accumulators.
For beginners, what makes the accumulator kind of bet very exciting is the fact that the odd of each selection is being multiplied by each other and thus the total potential win is always overwhelming. This is the driving factor and clearly the reason why beginners love it so much but as we all know, there’s nothing with an advantage that doesn’t have a corresponding disadvantage, risk in this case is very high. Considering that one has to get each result correctly. As the odds increase due to added selection so also does risk and once one bet is lost, the whole slip is lost.
There’s this excitement shielded by uncertainty as the numerous games are being played at the same time around the world. An average match during a football season in the almost non existent leagues can become the centre of attention if these games become the deciding factors for your betslip to stay alive and eventually produce some earnings.
The importance of a single goal can’t be over emphasized as it comes through in the final minute to ensure a big win in your final game in an accumulator. It’s no news that accumulators are like a ritual in football betting as individuals find themselves making these picks consciously and without good reason.
Below are instances of accumulators with picks from different leagues on a weekend…
Southampton 2.50 to defeat Huddersfield
Celta vigo 1.90 to defeat las palmas
Bayern Munich vs Dortmund over 2.5goals 1.70
Manchester united vs Everton to draw 1st half 2.38
Inter milan vs Juventus 1st half under 1.5 goals 1.40
Calculation of odds on accumulators
It is quite simple and straight forward to do this kind of calculation, using the information from the bet selections stated above,
2.50*1.90*1.70*2.38*1.40 = 110.79
Total odds on accumulator = 110.79
Taking into consideration that most bettors want to invest less and rip more, let’s say an individual places N500 on this accumulator hence the return would be N55, 394.50 and an estimated profit of N54894.50 after having removed our capital of N500.
Note; all selections on this accumulator must be successful, that is each of our predictions must be correct otherwise the total stake will be lost.
We can find accumulators in other types of sports ranging from cricket, basketball, tennis, rugby, hockey not just football. That is to say you could make picks from all these sports and combine them on one slip to give a potentially handsome reward.
The key word in accumulators is limitless and as the name goes you can just accumulate winnings with selections that turn out to be correct, it’s just simply gives an avenue to win large sums of cash.
Another set of bettors tend to place their accumulators as doubles or trebles at most. This is done by making selections combined of bankers and other bets with lesser probability of playing. With such picks, when multiplied the outcome is not higher than an accumulator with more selections but the risk of losing is reduced.
It is still ok to have confidence in the more risky of tips.
For clarification; let’s say our first pick is Barcelona vs Girona of the Spanish La liga with this as your banker with odds of 1.35. The second selection is Chelsea vs Tottenham at an odd of 3.06 for a full time draw; lastly we have a pick of Hoffenheim vs Shalke 04 with the away team to score over 1.5 goals at 1.95. The outcome would definitely be higher than when compared to just a single pick. This kind of three bet selection is referred to as a Treble.
Selections for good accumulator bets?
Such bets are very popular with games involving only two opponents where the game most definitely would end in either of the side winning (two way) or in either of the sides winning or a draw (three way) football is a good example of games with three way outcome.
Money making
Accumulators are not so much of an option for professional tipsters as it is only increasing the risk involved in winning the bet, another reason would be because this kind of selection dwells largely on luck. It is advisable that bettors not get too excited at the prospect of a large win with an accumulator as this is the fastest way to lose a bankroll.
Advantage of an accumulator
It provides a chance to multiply the value of odds selected
With low stakes bettors have a chance at still reaping large payouts from these bookmakers.
Disadvantage
The possibility of losing to bookmaker commissions, these companies have a percentage commission on every selection. For example, offering odds of 1.50 rather than a fair 1.60 for the same option. So in the long run they still profit on the deficit.
The chances of winning is considerably low as the risk on each accumulator slip is really high, it is very important to stick with games with high level of probability and value Rather than picking small odds just because of their likelihood to win.
It is one of the most popular betting strategies in the world of sports.
Some individuals take the trouble of placing bets long term on selections that seem likely e.g winner of the title, teams to progress in competitions, highest goal scorers, teams to be relegated almost anything and everything… We would be looking at types of accumulators as there are a couple of them not well known to bettors, as well as how to place an accumulator and the basic rules to consider while doing so.
…to be continued
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