What is an Accumulator bet?
For a bet to be classified as an accumulator bet it has to consist of more than one selection on the bet. This generally is three or more selections and you will require all the alternatives on the slip to win (Although there are some variations). The stake and the return from the first option rolls on to each selection, until the final choice on the bet is settled
Let’s look at that in practice. In the following matches, you pick BTTS in these games.
Manchester City vs Chelsea - BTTS YES
Liverpool vs Everton - BTTS YES
Tottenham vs Arsenal - BTTS NO
How are Odds Calculated?
Odds are added per selection - let’s use the stake as 1
Manchester City vs Chelsea - BTTS YES 2/1
Liverpool vs Everton - BTTS YES 3/1
Tottenham vs Arsenal - BTTS NO 4/1
So the odds on an accumulator for all 3 selections winning will actually be 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 (1 stake + 59 winnings)
How adding more legs boosts your profit
Every leg that you add to the accumulator adds to your final profit, though obviously also increases your risk. This is because your profit from each leg then gets multiplied by the odds of the next leg of the bet. In the example above, we have shown how this happens, but if we add one more leg onto the selections, it shows exactly how the potential rewards will increase. 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 Final bet is at odds of 5/1 so becomes 60 x 5/1 = 360.