The Beginner’s Guide to Accumulator Bets

Accumulators, or “accas”, are an incredibly exciting part of the betting scene, stringing multiple bets together to offer unimaginable odds. With high reward, however, comes high risk: all it takes is for one incorrect bet in an accumulator to lose it all. In this article, we’ll walk you through the basics of accumulators, including what they are, how they work, and whether you should use them.

What Is an Accumulator Bet?

An accumulator is when multiple bets are combined to create a single bet with high risk and high reward. The basic idea behind an accumulator is that returns from one bet feed into the next, causing the odds to quickly multiply. However, the saying “all or nothing” very much applies to accumulators, since just one bet being incorrect will cause you to lose everything.

Types of Accumulator

Accumulators are given different names depending on the number of bets they include. For some, accumulators can have as few as two or three bets, in which case they are referred to as doubles or trebles. Accumulators with four, five, or more bets are referred to as four-fold accumulators, five-fold accumulators, and so on.

How Do Accumulator Bets Work?

The idea behind accumulator bets is simple. Any returns you make from one bet — assuming the bet is successful — become the stakes for the next bet. As a result, profits quickly multiply with each successful bet. However, if just one of the bets is incorrect, you’ll lose it all.

Let’s look at an example to illustrate this. Consider a four-fold football accumulator consisting of the following bets:

  • Chelsea v Bayern Munich — Bayern Munich to win at 2.0 odds
  • Napoli v Barcelona — Barcelona to win at 2.5 odds
  • Lyon v Juventus — Juventus to win at 2.0 odds
  • Real Madrid v Manchester City — Real Madrid to win at 3.0 odds

If you place a starting bet of £10 on this accumulator, your returns from the first match will total £20 if Bayern wins. That £20 will become your bet for the second match, so if Barcelona wins, your returns will add up to £50. If Juventus then wins, that’ll become £100, and if Real Madrid finally wins, the accumulator will have you walking away with a whopping £300.

However, if just one of these bets were incorrect, you would walk away with nothing.

How Are Accumulator Odds Calculated?

You may have noticed that accumulator bets have their own odds. These odds are calculated by multiplying the odds of each individual bet. In the example above, the total odds of the accumulator would be 2.0 x 2.5 x 2.0 x 3.0, which equals 30.0.

Pros and Cons of Accumulator Bets

One of the greatest pros of accumulator bets is the potential for big gains. Since accumulators involve a number of bets stringed together, the profits from each bet are multiplied up by subsequent bets.

For some, another pro of accumulators is the excitement they offer. As the accumulator progresses, stakes grow and excitement builds, since the outcome of the entire bet is affected by each individual match.

Of course, that brings us to the primary con of accumulators: their high risk. All it takes is for a single bet to be incorrect to lose it all. As a result, accumulators are great for having fun, but not so good for low risk, long-term profitability.

Accumulator Success Stories

There are a few stories of punters winning huge takings from accumulators with small starting bets. One notable example is that of Fred Craggs, who placed a 50p eight-fold horse racing bet that went on to win him £1,000,000. Another story involves a punter winning more than £500,000 with a bet of just £20, which is still very impressive.

How to Place an Accumulator Bet

Placing an accumulator is easy. Start by finding the bets you want to include, and add each of them to the betslip at your bookmaker of choice. Then, navigate to your betslip, where there should be the option to combine your bets into a single accumulator. Depending on how many bets you have chosen, you might need to tell your bookmaker which type of accumulator you want to place (e.g. five-fold). Before placing, you should see the total odds associated with your accumulator.

Each-Way Accumulators

Now that we’ve covered the basics of accumulators, let’s look at a similar bet called an each-way accumulator. These accumulators are most commonly used in horse racing, and allow you to get some of your money back even if your picks don’t all win.

An each-way accumulator consists of two parts. One part is effectively a regular accumulator, which allows you to win big if all of your choices win. The second part of an each-way accumulator will win you something as long as all of your choices “place”, even if they don’t win.

Placing refers to finishing in the top three or four positions of a race, which is why it’s most often used in the context of horse betting. However, each-way accumulators can also be used in other sports if they include some kind of ranking.

Accumulator Bets and Hinto

Although we think they’re great fun, our Hinto betting algorithm doesn’t use accumulator bets. The reason for this is that a crucial part of the Hinto strategy is bankroll management, which involves carefully choosing the size of bets based on the punter’s bankroll. Of course, this is pretty much impossible with an accumulator, since the size of a bet depends on the outcome of the other bets in the accumulator.

Final Thoughts

Accumulators combine multiple bets into one, drastically increasing the risk and reward of the bet. Although these bets can be exciting for the casual punter, their high levels of risk can be off-putting for professionals. A slightly less risky alternative to the regular accumulator is the each-way accumulator, although it only applies to some markets.