An accumulator bet, also known as a parlay bet, is a single bet that that is made up of two or more bets/individual wagers that are dependent on each other. To win, all the individual bets need to be won. The winnings of the accumulator bet are calculated by multiplying the odds of the individuals bets which are then multiplied by the amount staked. An accumulator bet can be made up of two or more bets. Below you may view a table that lists the different bet names for the different variations of an accumulator bet.
|Number of Bets||Bet Names|
The advantages of an accumulator bet are that one has much higher potential win with a smaller stake. If bets are chosen sensibly accumulator bets can be a source of decent potential return with very little risk of losing. The disadvantages of accumulator bets are that if one bet doesn’t win the whole parlay falls apart. Accumulator bets can easily tempt players to place unrealistic bets due to the high potential returns.
Example of Accumulator Bet
Below you may view a four-fold accumulator. Assuming that a bet of £10 was placed the player would win the following: £10 * 3.10 * 2.75 * 2.80 * 2.50 = £596.75
The total profit would be calculated by deducting the initial stake from the total returns which in this case would be £586.75.
|Match Result||Selection||Odds (Decimal)||Bet Outcome|
|Everton 0 - 1 Liverpool||Liverpool to win||3.10||Successful|
|Stoke 0 -0 Chelsea||Chelsea to draw||2.75||Successful|
|Arsenal 2 - 2 Tottenham||Arsenal to draw||2.80||Successful|
|Watford 1 - 1 Swansea||Watford to draw||2.50||Successful|