How Accumulator Bets Work
When you place an accumulator bet, your winnings combine as you go. For example, let’s say you are betting on football games in the Premier League:
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1) Manchester United to beat Chelsea at odds of 3/1 (bet $10)
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2) Liverpool to beat Arsenal at odds of 4/1
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3) Tottenham to beat City at odds of 2/1
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4) West Ham to beat Aston Villa at odds of 5/1
Here’s how it works if you place a $1,000 bet:
If Manchester United wins, you get back $3,000 (your $1,000 stake plus $2,000 winnings).
You then use that $3,000 to bet on Liverpool. If Liverpool wins, it pays out $12,000 (your $3,000 stake plus $9,000 winnings).
With $12,000 on Tottenham, if they win, you get $24,000 (your $12,000 stake plus $12,000 winnings).
Finally, if West Ham wins, your total payout would be $72,000 ($24,000 stake plus $48,000 winnings).
So, with a $1,000 stake, if all four selections win, you could potentially turn it into $72,000!
Flexibility
One of the great things about accumulator betting is that you can mix different sports. For example, you can bet on a football match, a tennis match, and a horse race all in one accumulator bet.
What If a Game Is Canceled?
If one of your selected games doesn't happen (like a cancelled football match), it gets removed from your accumulator. The odds for the remaining selections are adjusted accordingly, so you still have a chance to win.
Each-Way Accumulators
In horse racing, you can place what's called an "each-way accumulator." This means if your horse wins, you get a payout, and if it places (comes in a specific position, like second or third), you get a smaller payout as well.
Potential Winnings
The excitement of accumulator betting lies in the potential for big payouts. For example, in 2008, a man won $1,300,000 by betting just 50 cents on an accumulator with eight long-odds horses. Another story involves a fan who turned a 30-cent bet into $500,000 by successfully predicting the winners of many football leagues and tournaments.
In summary, accumulator betting allows you to potentially win big with a relatively small stake by combining different bets across various events. It’s popular among football fans and adds excitement to watching games, as multiple matches can affect your potential winnings.