Sports betting is the most widespread form of gambling around the world. It has become a favorite pastime of millions of sports fans around the world, earning them a handsome revenue. Thanks to the latest technology, we have plenty of bet types and a variety of different online platforms for sports betting. If you have ever tried sports betting, you must have come across accumulators. An Accumulator bet is one of the most popular and unusual types of bet in sports gambling.
Nowadays, most of the online and traditional sports betting forums are offering accumulator betting systems for their customers, and there is a wide range of sports which can be used for accumulator betting. Many regular bettors around the world are using accumulator bets to earn big profits. An Incredibly exciting part of the accumulator bet is that it allows punters to bet on multiple selections in a single bet. Many betting providers offer interesting promotions on accumulator bets to attract more customers.
If you are new to sports betting, accumulator bets can be an attractive option for you to try. To take full advantage of accumulator betting, you must need to know in detail how accumulator bets actually work in sports betting. Are they practically profitable enough to try? You also need to consider the advantages and disadvantages of accumulator bets. We’ve developed an easy-to-understand betting guide to help you learn all aspects of accumulator betting.
What is an Accumulator Bet?
An accumulator bet is a form of multiple betting that contains multiple selections combined in a single bet. Accumulator bets are also known as ACCAs or Combis. All of your selections need to be correct in order to win the bet. As compared to a single selection bet, accumulators provide opportunity to earn greater profit with small stakes. In an accumulator bet, you get higher odds because of the greater risk, which guarantees a bigger return.
A fantastic example of an Acca Bet has been added below, when a £1 bet paid out over half a million pounds.
The odds of each selection of the bet is multiplied by the others to create a greater value for maximum return, which is one of the major advantages of an accumulator bet. Bettors can make big profits if they are ready to take risk, they can either win all or nothing in an accumulator bet. Basically there is just one betting line in an accumulator bet, and all your selections must win to get a return. You cannot place your accumulator bet by combining selections on multiple sports. You can however place bets using multiple selections in a single sport. These rules may vary from time to time around the world, this is just a general rule.
The risk involved in the accumulator is very high, if one of your selections becomes wrong, you lose the whole bet, but the greater risk also provides a chance to make big profit. The return of one correct selection feeds into the next, which quickly multiplies the odds to give you high reward. Accumulator bets are very much desired around the world especially in the UK, and most bettors are use them on football league matches. There are also other sports which are suitable for accumulators including Cricket, Horse Racing, American Football and Rugby.