Understanding Accumulator Bets
With the sheer amount of bets offered by online bookmakers today, there is little wonder why so many become confused and dissuaded from betting by trying to learn them all. Moneylines, spreads, prop bets, and many more are just some of the types of wagers that bettors may come across. Of all of these, there are none quite like the accumulator bet, which has begun gaining huge popularity in Canada for a number of reasons, and is now among the some of the top bets available to everyone interested.
Understanding accumulators can take a little bit of patience, but once you understand how this bet works, you will realise the huge winning potential they offer and what steps a bettor can take to get started. Understand accumulator bets can help you bet successfully alongside the professionals.
What Is An Accumulator
An accumulator bet is a wager that is made up of more than one part, and in most cases, it is made up of four parts, although it can often be more. The premise of an accumulator bet is that a bettor will take out a number of wages at once across different games, such as a few games during the Canadian Football League season. Understanding accumulators and understanding what makes them different from simply wagering an outright result bet on individual games is that all the bets made during the accumulator need to be successful in order for the overall accumulator to pay out.
Subsequently, this also means that the payouts for accumulators are much, much higher than what you would find with any other bet, and bettors will find that their original wager can be increased exponentially for every part of the accumulator that comes true. By the end of a successful accumulator, the bettor can sometimes walk away with thousands upon thousands, even if they only initially start with bet with only $10. It’s this potential that makes accumulators so appealing to seasoned bettors, and one of the reasons that fully understanding accumulators is extremely important.
Many bookmakers will add doubles or even trebles to the accumulators that they offer, but for the most part, your average accumulator will be at least split into four parts. If a bettor were looking at a football or hockey season, for example, and there are four teams that the bettor would like to bet on, they can make the initial bet before the season starts. Each bets works on an independent level, meaning that the bettor can use the odds provided for each team by the bookmaker to have a rough understanding of how much they can potentially win.
The stake is subject to the bookmaker, but often they are quite low, and once wagered, the bettor have a number of selections to choose from. Once they have chosen, and the first team they bet on wins, their initial stake will be valued depending on the odds. That stake will then be added to the next team, and if they are successful, the winning pool grows larger depending on those odds, and so forth. The exponential growth of each bet and set of odds is why the payout can eventually be massive if all the bettor’s selections come true.
Understanding accumulators is the key to being successful with any type of accumulator, and once you have found the right bookmaker, the next step is to learn as much as possible about the odds, teams, and players.