What is an Accumulator bet?
For a bet to be classified as an accumulator bet it must include more than one selection within the wager. Usually consisting of three or more selections and generally will require all the chosen options on the slip to win (Although there are some variations). The stake and the return from the first selection rolls on to the next, and then the next, until the final selection on the bet is settled.
Let’s look at that in practice. In the following matches, you pick these teams to win.
Manchester City vs Chelsea - Man City to Win
Liverpool vs Everton - Liverpool to Win
Tottenham vs Arsenal - Tottenham to Win.
This is now an accumulator bet, and you will need all 3 teams to win the final selection.
How are Odds Calculated?
Odds are added per selection - let’s use the stake as 1
Manchester City vs Chelsea - Man City to Win 2/1
Liverpool vs Everton - Liverpool 3/1
Tottenham vs Arsenal - Tottenham to win 4/1
So the final odds on an accumulator bet where all 3 selections win will actually be classed as 59/1.
- Initial bet: 1 x 2/1 = 3 (1 stake + 2 winnings)
- Second bet: 3 x 3/1 = 12
- Third and final bet: 12 x 4/1 = 60.
How adding more legs boosts your profit
Each leg you add to the accumulator increases your final profit, though this obviously also increases your risk. This is because the winnings of each leg get multiplied by the odds of the next leg of the bet. We have shown this in the example above. However, if we add one more leg here, you will see how the potential rewards will go up massively. Obviously, the risk factor also increases each time in line with the odds increase.
- Initial bet: 1 x 2/1 = 3 (1 stake + 2 winnings)
- Second bet: 3 x 3/1 = 12
- Third bet: 12 x 4/1 = 60.
- The fourth bet is 5/1 so it becomes 60 x 5/1 = 360