What is an Accumulator bet?

An accumulator bet is a selection of two or more bets combined into one, these type of bets give much higher odds than that of a single bet, this makes accumulators highly attractive to the better, but, your chances of winning are a lot less due to the increased risk, all it takes is for one bet to lose for the entire accumulator to lose. Should your accumulator win though, your winnings can multiply dramatically compared to that of a single bet.

There are different types of accumulator bets, I have laid these out in the table below:

Accumulator table

There is no limit to the amount of bets that can be be placed on one Accumulator, and the odds can be staggering because of the risk involved, but they are most definitely not impossible. It was reported in 2017 that a housewife had placed a Twelve-Fold Accumulator on a football bet and won a massive £574,278, and she isn’t the only one to have won big this way.

Accumulator bet

Photo of winning twelve fold accumulator bet, winning amount is £574,278
Twelve-Fold Accumulator Win

Winning and Losing Examples

I have laid out some examples below of  winning and losing accumulators.

You can also use the ‘Accumulator calculator’ to help do the maths for you.

Winning Example

Consider the following 4-fold football accumulator.

Match Result Selection Odds (Decimal) Bet Outcome
Celtic 1 – 0 Aberdeen Celtic To Win 1.5 Successful
Blackburn 2 – 1 Shrewsbury Shrewsbury To Lose 1.4 Successful
Chelsea 1 – 1 Burnley Chelsea To Draw 3 Successful
Everton 0 – 0 Liverpool Liverpool To Draw 5 Successful

Assuming you place a bet of £5 the calculation using decimal odds is as follows:

  • Total Returns = £5 * 1.5 * 1.4 * 3 * 5 = £145
  • Total Profit = Total Returns – Initial Stake = £150

The equivalent calculation using fraction odds would be:

  • Total Returns = £5 * (1/2 + 1) * (2/5 + 1) * (2/1 + 1) * (4/1 + 1) = £145

Losing Example

If any of the above selections fail to win, the whole stake is lost. For instance in the example above if Celtic had failed to beat Aberdeen, the “Celtic To Win” selection would have lost and hence so would your accumulator, resulting in an overall loss of £5.

Each Way Example

An each way accumulator bet consists of two parts:

  1. A standard to-win accumulator bet as outlined in the examples above.
  2. An accumulator bet on each of the selections you chose ‘to-place’, with the “Selections” and “Odds” updated accordingly. Note that a to-place option may not be available for all sports and events.

A unit stake is placed on each of the 2 parts with the returns pooled to reach the total returns for the wager.

Have a look at the following horse race accumulator below:

Selection Odds (Fractions) To Place Bet Outcome
1 4/1 1/5 Won
2 9/1 1/5 Won
3 3/1 1/5 Placed (came 2nd)
4 10/1 1/5 Won

Assuming a unit stake of £5 the returns would break down as follows:

  1. The to-win part of the bet would lose because selection 3 failed to win, resulting in loss of the £5 stake and £0 returns.
  2. Your to-place part would be calculated as shown:
    • Part 2 Returns = £5 * ( ( 4 * 1/5 ) + 1 ) * ( ( 9 * 1/5 ) + 1 ) * ( ( 3 * 1/5 ) + 1 ) * ( ( 10 * 1/5 ) + 1 ) = £120.96
    • Part 2 Profit = Total Returns – Unit Stake = £115.96

The total returns for your bet is the result of adding together the returns from the 2 parts.

  • Total Returns = £120.96 + £0 = £120.96
  • Total Profit = Total Returns minus the 2 £5 stakes = £110.96

There are so many variations of bets available from the bookmakers. I have compiled a table of these bets along with a short description of their rules: ‘Different Types Of Bets’

‘Learn how to open an account and place a bet’

Leave a Reply