An accumulator bet is any kind of bet that’s made up of more than two selections. All selections need to be successful for your bet to pay out and the more there are, the more you’ll get paid. Accumulator bets are commonly placed on football matches, though they’re often placed on other types of sport as well.
An accumulator bet calculator is a handy tool that lets you know how much money you stand to win from an accumulator bet. This is providing, of course, that each and every selection wins its respective match or event. Calculating odds and payouts isn’t straightforward a lot of the time, especially when you’ve got multiple selections to take into account. Using a calculator for accumulator bets is quick and simple.
To calculate your accumulator bet, you need to know the odds for each selection your bet covers. If these are in decimals, you can multiply them all together to get the odds for the whole bet. Your bet covers all selections. The way accumulators work, your winnings and payout from the first bet provide the stake for the second selection and so on.
When it comes to calculating the odds for accumulator bets, you can use fractions or decimals. However, as mentioned above, if you use decimals you can easily work out the odds for the total bet yourself. Accumulator bet calculators will let you use both types of odds, so there’s no need to convert odds from one format to another before entering them into a calculator.
Let’s have a look at an example of an accumulator bet. We’ll use one with three selections, a treble bet, as a guide so you can see how these bets work for yourself. The selections are as follows:
– Chelsea to beat West Ham United
– Southampton to beat Sunderland
– Liverpool to beat Crystal Palace
To keep things simple, we’ll say the odds for all three of these selections are 2/1 (3.00). We’re spending a total of £10 on the accumulator. Here’s how it pays out:
– £10 placed on Chelsea at odds of 2/1 (3.00) gives a total return of £30
– £30 placed on Southampton at odds of 2/1 (3.00) gives a total return of £90
– £90 placed on Liverpool at odds of 2/1 (3.00) gives a total return of £270.
As you can see, the return from the first selection is used as the bet for the second selection. The return from the second selection is then used as the bet for the third selection. With an initial £10 stake and a payout of £270, that’s a hefty profit of £260.
You should use an accumulator bet calculator if you’re placing a bet with more than one selection. Though you can work out the odds yourself if the odds are in decimals, using a calculator saves you the job. Accumulators can be risky since all selections need to win for you to be paid, though they can be very lucrative (if you’re lucky enough). Check out our reviews of the best sports betting sites to get the best odds on your next accumulator.