How to place an accumulator slip?
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What is an accumulator bet?
An accumulator bet is unlike any other wager you can currently place. In a nutshell, accumulators involve multiple legs, combined into one long bet slip. To place an accumulator, players will add several selections to the bet slip. The odds then get multiplied together to provide potentially enormous returns. The catch – all legs need to win in order for the bet to win as a whole. Of course, punters are drawn to accumulator bets due to the huge returns on offer.
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However, it’s important to note that this is also the riskiest form of betting. Unlike standard 1×2 bets, where you must predict one match correctly, you must accurately predict all selections. The more legs you add to an accumulator, the harder it is to win. Then again, the more legs, the higher the returns!
So there you have it. That’s how an accumulator works, regardless of which sport you are actually betting on. But this is just the broad overview – let’s get a little more specific.
How to actually place an accumulator
Before you can make an accumulator wager, you must sign up with an online betting site. Assuming you’re based in the UK, you are spoilt for choice regarding the number of sites available. Of course, signing up with legendary brands such as bet365, Ladbrokes, Coral, or Betfred, for example, is a good starting point. Now, once your account is up and running, it’s time to take the first steps required if you are to place an accumulator.
Before making your accumulator bet, you must fund your account. Generally speaking, punters bet less money on accumulators given how risky they are. That aside, you can often deposit anything from £5 to £10 as a minimum at leading sites. And once your money is loaded up, you are ready to roll.
Accumulators can be made on single sports, or you can even place a multi-sport accumulator. For single sports, you simply need to browse the markets and add them as you move along. For example, for a football accumulator, you might want to make it on Saturday’s action. Just head to the games on that day, scroll through the options and click to add them to your bet slip. However, if you plan on combining events from different sports, you’ll need to flick through the relative pages.
Once you are happy with the legs, the odds, and the potential returns, it’s time to enter your stake. This should be clearly visible within the bet slip. And as some friendly advice, don’t bet more than you can afford to lose!
How the returns are calculated for accumulator bets
As we’ve previously stated, odds for accumulators are multiplied together. Let’s work through an example to make things as clear as possible. So, once signed up at a reputable bookmaker, let’s say you want to make a 5 leg accumulator. To keep things simple, let’s assume that the odds were an even 2.00 for each leg. That would lead to a calculation of 2.00 x 2.00 x 2.00 x 2.00 x 2.00. Therefore, the total returns should you place an accumulator with these odds would be 32.00.
The potential returns from a monetary perspective then depend on the amount you stake. Working from the same example, let’s say that you choose to wager £5 on this accumulator. Should you actually win this accumulator, the return would be £160 (£5 x 32). Of course, that’s an awesome return from just a £5 stake. But with that said, we can’t forget about the risks associated with accumulators.
It’s important to keep this in mind before you build your hopes up too much.
Benefits of accumulator bets
Accumulators are some of the most popular wagers placed by all punters. But why is this the case, and what are the benefits? Read on!
Of course, the most appealing thing should you place an accumulator is the huge payouts involved. While yes, winning sizable accumulators is pretty tough, it does happen. Some players have managed to turn just a couple of pounds into thousands during their time. But again, we’d like to point out that this isn’t the norm!
The reason that many UK punters place accumulators is largely due to excitement levels. There is something unique about being able to bet on many games at the same time. Take Saturday football games as an example. With all games typically kicking off at 3 pm, you could have multiple games in action at once. Things can get pretty hair-raising when a few goals fly in to your advantage too. But with that said, goals can fly in to your disadvantage just as easily.
Regular bonus incentives
Accumulators tend to have several bonus incentives attached to them. One of the more common of these is profit boosts. Especially at leading betting sites, the more legs you add, the larger the profit boost incentive. Some sites even have incentives as high as 75% on top of the original payout. This does depend on the number of legs in your bet slip, however.
Another bonus attached to accumulators is the insurance that some sites give. It is quite common for betting platforms to offer cashback incentives if just one leg fails. Believe us, this is nice to have to avoid the frustration!
Drawbacks when you place an accumulator
Naturally, it isn’t all good news regarding accumulator bets. In fact, there is a very significant drawback for those that choose to pursue this avenue:
Compared to the many bets you can make these days, accumulators are the riskiest of them all. It can be hard enough to predict one match correctly depending on the chosen sport. And when trying to predict the outcomes of multiple events, things can go wrong very quickly. That’s why there is quite a significant ingredient involved in winning accumulator bets – luck!