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Parlays and Accumulators bets Explained

parlays, accumulators bets explained
Yonit S
04-Mar-2024

Parlays and Accumulators take you beyond single bets. They allow you to bundle multiple predictions into a single, enticing package.

Accumulators, often referred to as Accas, are a specific type of bet within the Parlays category. In Accumulators, your predictions are linked, and all selections need to be correct for you to win. Here's the catch: Your little $50 stake can earn you thousands of dollars with the increased odds in accumulators.

Parlays encompass an array of bets that involve multiple predictions, which often spans different games. The beauty is that all your selections are combined into a single wager. While the potential payouts are enticing, keep in mind that if even one prediction is wrong, your entire bet is lost.

An accumulator is a wager made up of a number of selections (also known as legs), each of which must be successful for the wager to be declared successful. The potential return is considerably higher because the first leg's profit (and returned stake) becomes the wager for the second leg, the second leg's yield (and returned stake) becomes the bet for the third leg, and so on.

Parlays and Accumulators blend strategy with risk. If you successfully predict multiple outcomes, then you might need to get your bank ready for some serious cash out. But the challenge lies in the need for all your predictions to be accurate. Keep reading this article to better understand everything that makes up Parlays/Accumulators.

Types of accumulator bets

Accumulator bets come in different forms. Each of them has their special Cologne that attracts gamblers. Many bettors prefer staking their money on just 2-3 games, while some would rather have a long list of selections (with huge payout potential). There can be over 20 picks in an accumulator. Most sportsbooks will let you dare that much. Wagers with two selections are not always called accumulators. They're referred to as doubles. That's the same thing with trebles (three selections). Below is a table highlighting the types of accumulators.

No of Selections

Type of Accumulator

2

Double

3

Treble

4

Four-fold accumulator

5

Five-fold accumulator

6

Six-fold accumulator

7

Seven-fold accumulator

8

Eight-fold accumulator

9

Nine-fold accumulator

10

Ten-fold accumulator

20

Twenty-fold accumulator

 

Combo Accumulators take things up a notch by letting you combine selections from different sports or leagues into a single bet. It's like a fusion of predictions from numerous events.

Special Accumulators sprinkle some creativity into your bets. Lucky 15s (a combo of four selections), Yankees (11 bets across four selections) and others belong to this category.

 

Parlays and Combination Wagers in Soccer – How Do They Work?

You're confident about the outcomes of multiple soccer matches. Real Madrid is taking on Malaga at Santiago Bernabeu. PSG will be at Parc Des Princes to welcome FC Lorient. Arsenal will be at the Emirates Stadium in an EPL fixture against Bournemouth. Instead of betting on each game individually, Parlays allow you to combine your predictions into a single bet. All selections must be correct for your bet to win, but the payoff can be substantial due to the increased odds.

In Soccer Parlays, each prediction can come from different matches or leagues. This means you can bundle predictions from Premier League, La Liga, and other tournaments into one bet. The more selections you add, the higher the odds and the potential payout, but the challenge of accuracy also increases.

Combination Wagers take the Parlay concept to the next level. In soccer, they involve bundling several predictions into a single wager. What sets Combination Wagers apart is that you don't need all predictions to be correct to win. Depending on the type of Combination Wager, you can still secure a payout if a certain number of your selections come through.

Progressive Parlays

In Progressive Parlays, you start with a base bet, often a Double or a Treble. If it wins, you can reinvest the winnings into additional selections. This escalates your potential payout while you still have your grip on the steering wheel. Progressive Parlays shield you from risks that traditional Parlays can't protect you from. But of course, you won't expect to win as much as you would with a regular parlay, too. It's a sacrifice you have to pay for risk-management. Notwithstanding, If one of your selections loses, your base bet is still alive. This means you can continue to build on your initial bet with your remaining selections.

Boםkmakers accept somewhere between 4 and 12 bets to allow progressive parlays. When betting on 4-6 teams, you can make up to one blunder and still receive some dough for your parlay ticket. You can lose up to two bets if you wager on 7-9 teams and still earn something. You might lose up to three bets if you wager on 10–12 teams and yet walk away with some cash. But always remember that with Progressive Parlays, pushes are regarded as losses.

Creating a Football Accumulator Bet

Creating a Football Accumulator Bet is like assembling the perfect lineup for victory. Let's walk you through the process of crafting a winning accumulator.

  • Start by choosing the football matches you want to include in your accumulator. It could be a mix of league games, international matches, or cup tournaments.
  • Look into each match. Analyze team form, recent performances, head-to-head records, injuries, and any other factors that could impact the outcome.
  • For each match, decide on the outcome you predict – win, draw, or loss. You can also explore other predictions like both teams to score, over/under goals, over/under corners, specific goal scorers, and so on.
  • Compare odds across different sportsbooks. Favorable odds can significantly impact your potential payout. You should also know that high odds tell you one thing; the outcome is unlikely.
  • Assemble your selections and enter them into a betting calculator or use an accumulator calculator provided by many sportsbooks. You'll get a summary of the potential payout if all your predictions are correct.
  • Consider the risk of each selection. Including too many high-risk predictions may truly raise your potential payout. But you also increase the chance of losing your bet.
  • Once you're confident in your predictions and have balanced the risk, place your accumulator bet.

If you hit the bull's eye, celebrate your victory. But If you lose, analyze what went wrong and learn from the experience. Never forget that football accumulators (and every other soccer bet) are as much about strategy as they are about enjoying the thrill of the game.

Understanding Parlays and Combination Odds

In Parlays, each selection contributes to the overall odds. These odds are multiplied together, creating a cumulative figure that reflects the potential payout. As more selections are added, the odds and potential payout increase.

Combination bets, on the other hand, involve multiple predictions but offer a level of flexibility. The odds are calculated based on the individual odds of each selection. And they factor in the type of combination bet you've chosen. Depending on your predictions and the combination type, the odds and potential payout will vary.

To calculate the potential payout for Parlays, simply multiply your stake by the cumulative odds. For Combination bets, calculate the payout for each individual selection based on its odds and the stake, then add those individual payouts together.

Parlays and Combination Bets Examples

Imagine a weekend packed with soccer matches from different leagues. You're confident in the outcomes of five games:

Fulham VS West Ham - GG

Sevilla VS Eibar - Home win

Club Brugge VS KAA Gent - Over 2.5 Goals

Espanyol VS Villareal - Away win

Burnley VS Man City - Away win

In a Parlay, you bundle these predictions into one bet. If all five predictions come true, your potential payout is significantly higher than if you had bet on each match individually.

Match

Selection

Result

Odds

Outcome

Fulham VS West Ham

GG

Fulham 2

West Ham 3

+120

Win

Sevilla VS Eibar

Home win

Sevilla 2

Eibar 0

-220

Win

Club Brugge VS KAA Gent

Over 2.5 Goals

Club Brugge 2

KAA Gent 2

-150

Win

Espanyol VS Villareal

Away win

Espanyol 0

Villareal 1

-110

Win

Burnley VS Man City

Away win

Burnley 1

Man City 5

-275

Win

Example of a winning five-fold accumulator/parlay.

Match

Selection

Result

Odds

Outcome

Fulham VS West Ham

GG

Fulham 2

West Ham 3

+120

Win

Sevilla VS Eibar

Home win

Sevilla 2

Eibar 0

-220

Win

Club Brugge VS KAA Gent

Over 2.5 Goals

Club Brugge 2

KAA Gent 2

-150

Win

Espanyol VS Villareal

Away win

Espanyol 0

Villareal 0

-110

Loss

Burnley VS Man City

Away win

Burnley 1

Man City 5

-275

Win

Example of a losing five-fold accumulator/parlay.

Again, Consider a set of football matches where you believe both teams will score. You're confident about five matches but have reservations about the sixth. Instead of an all-or-nothing approach, you create a Combination bet. If at least five of your predictions prove true, you'll still secure a payout.

Tips & Strategy Advice

Aside from luck, parlays and Combination bets need strategic thinking and calculated decisions. Here are some tips to increase your chances of success:

  • When creating Parlays or Combination Bets, strike a balance between favorites and underdogs. While favorites might have higher chances of winning, adding underdogs can boost your potential payout.
  • Analyze team form, player injuries, recent performances, and head-to-head records.
  • It can be truly tempting to bundle numerous predictions. But try to keep your selections manageable, always. Each addition increases the risk of your bet not coming through.
  • Favorable odds can significantly impact your potential payout. However, don't be lured solely by high odds. Like I had said, they often reflect less likely outcomes.
  • If you're unsure about the outcome of all your predictions, consider Combination Bets. They allow some room for error.
  • Establish a betting budget and stick to it. Parlays and Combination Bets can be very enticing. But responsible bankroll management is key to sustainable betting.
  • Maintain a record of your Parlays and Combination Bets. It allows you to analyze your successes and failures. That way, you can refine your strategy over time.

Summary

Parlays and Combination Bets elevate your betting journey as they let you merge multiple predictions into a single wager. Creating successful Parlays and Combination Bets requires more than mere chance. A strategic approach fueled by in-depth analysis, balanced selections, and mindful consideration of odds is key.

While Parlays demand all predictions to be correct for a win, Combination Bets provide flexibility and won't bite you for one or two errors. This is particularly useful when you're confident in most, but not all, of your predictions.

The delicate balance between risk and reward defines your betting experience. While higher odds promise larger payouts, they also come with increased risk. You have to strike a balance that works well with your betting style and appetite for risk.

Most Bookmakers won't let you hoard games from different sports in a parlay. But Combination Bets allow you to make predictions from several events into one bet.
The number of selections depends on your strategy and comfort level. Remember that the more selections you include, the higher the potential payout, but also the greater the risk.
In Parlays and Combination Bets, the outcome of each prediction matters. If one of your selections ends in a draw, it's considered incorrect unless you specifically bet on a draw as the outcome.
Many sportsbooks offer a cash-out option, allowing you to secure a portion of your potential winnings before all events are concluded. This can be useful to lock in profits or minimize losses.
For Combination Bets, calculate the potential payout for each individual selection based on its odds and your stake. Then add these individual payouts together to get the total potential payout.