Below is a basic guide to how accumulators work, an accumulator is basically the same as doing several normal back and lay bets – so once you know how to back and lay, accumulators are fairly straightforward.
We strongly advise that you follow the ‘Acca Academy’ thread in our Facebook group closely and ask any questions you have before attempting an accumulator offer. We can also offer the option to arrange a session over Skype where you can get one to one help on exactly how to start doing accumulators. Before you read any further please make sure you download our accumulator spreadsheet here as you simply will not be able to start attempting them without this.
What is an Accumulator?
An accumulator is a bet made up of 4 or more selections in the same bet
How can we profit from an Accumulator?
A number of different bookmakers offer refunds if your accumulator has one losing selection in it, for example William Hill will refund your bet up to the value of £50 if you have one loser in a 6 fold accumulator.
How do I know what bookmakers do Accumulator offers?
On the website and in the Facebook group we have an ‘Acca Checklist’ that has all the key points to each offer, these include certain leagues, minimum odds, max refund amount etc.
How do I go about putting an accumulator together?
We suggest you stick to William Hill or Coral when doing your first accumulator as they have no restrictions on leagues or prices.
Picking your teams –
- Ideally you want your teams to be priced between 1.1 and 1.5. Obviously these matches need to be as close as possible with both bookmaker and exchange odds.
(Little tip for helping find matches is by filtering them using the filter in our Odds Matcher
- The matches MUST not overlap. Allow at least 2 hours between kick off times.
Key Points –
Here is an image of the spreadsheet you will be using just so you can relate to certain columns we relate to below –
- You must be around to lay the next selection of your accumulator, if you know you are going to be busy around a kick off time then do not add that game to your accumulator.
- You must never pick the same team twice in the same accumulator.
- Do your first accumulator for £5 – DO NOT GET GREEDY OR TRY WITH LARGER STAKES UNTIL YOU HAVE DONE 3 OR 4.
- Make sure the exchange has a market for each match so you can lay them off one at a time.
- Put the matches into the accumulator spreadsheet, which if you haven’t downloaded then please make sure you do so at the top of this guide.
- Fill in the “Back” prices in the blue ”Odds” column on the spreadsheet.
- Fill in the “Lay” prices in the pink ”Match Odds” column on the spreadsheet.
- Change the commission % column to 2% or 5% depending on which exchange you are using.
- Put your stake in the ”Back Stake” box at top left.
- Make sure the ”Bet Type” is set to ”Qualifier”.
- Make sure the ”Multiple Type” is set to 6fold.
- In the “Profit/Loss” column on the far right hand side make sure the red figure is below 20% of your stake amount on the accumulator. For example a £50 bet should have a figure of around -£7.
- Place your accumulator with the bookmaker, followed by your first lay bet on your exchange – use the stake suggested in the “Stake Ideal” column.
Now we get to the variations –
If the first match wins with the bookmaker –
- Lay the 2nd selection in your accumulator, use the stake suggested in the “Stake Ideal” column.
If the first match loses with the bookmaker (you are now guaranteed either a small profit, and/or a free bet) –
- On the section marked ”Bonus Section”, change the ”Activate” to ‘YES’.
- In the column marked ”Leg W/L” put L for your first match.
- Lay the 2nd match using the stake suggested in the “Stake Ideal” column.
- Continue doing this with each match until you have another loser or you hit the refund.
- Once you have another losing match, DO NOT LAY ANY MORE.
The accumulator is now over, and barring any big drifts in the lay prices you will have made a guaranteed profit. It may seem like a lot to take in but once you have had a go at a couple you will soon start to pick them up. If you are still a bit unsure of how accumulators work then please do contact us and we can arrange for one of our team to help advise you in a one to one situation. We are always here to help, so don’t hesitate to contact us.
Good luck and have a go (with small stakes) to begin with!