What Is An Acca Bet?
If you are new to sports betting you will want to know what an Acca bet is.
For the average punter, Acca (Accumulator) bets are an exciting gamble that can potentially lead to a big win.
However, these bets are mostly very poor value bets that bookmakers love.
When it comes to Matched Betting, you can lock in a profit every single time you place an Acca bet.
You can do this by taking advantage of a popular promotion that many bookmakers run all year round.
What Is An Acca Bet?
An Acca bet, or Accumulator bet, is a type of bet that involves combining a series of individual bets into a single wager.
In order to win an Acca bet, all of the individual bets that make up the Acca must be successful.
The potential payout for an Acca bet is generally much higher than for a single bet.
However, the risk is also greater.
All of the individual bets must be successful in order for the Acca to pay out.
How To Calculate Acca Bet Odds
To calculate the odds for an Acca bet, you will need to multiply the odds for each individual bet together.
For example, suppose you want to place an Acca bet on the following three outcomes:
- Manchester United to win at odds of 2.00
- Liverpool to win at odds of 3.00
- Arsenal to win at odds of 4.00
To calculate the odds, you would multiply the odds for each bet together:
2.00 x 3.00 x 4.00 = 24.00
So, the Acca odds for this bet would be 24.00.
If you placed £10 on this Acca and all three bets won, you would win £240.
24.00 x £10 = £240 (£230 profit + your £10 back bet).
Why Do Bookies Love Acca Bets?
Bookmakers love Accumulator bets.
As well as increasing the odds, placing Acca bets multiplies and significantly increases what is known as the bookmaker’s overround.
The bookmaker’s overround is the built-in advantage that the bookmaker has in setting the odds for a particular event.
It is the percentage of the total betting pool that the bookmaker expects to keep as profit.
For example, if the overround is 10%, it means that the bookmaker expects to keep 10% of all the money wagered on the event as profit, regardless of the outcome.
The overround is calculated by adding up the implied probabilities of all the potential outcomes of an event and comparing them to 100%.
If the sum of the implied probabilities is greater than 100%, then the bookmaker has an overground.
The size of the overround can vary depending on the specific event and the bookmaker’s assessment of the likelihood of each outcome.
Basically, the overround involves offering odds that are unfair to punters and firmly in the bookmaker’s favour so that, if all factors were equal, the bookmaker would still make a profit.
Overound is a key factor in how bookmakers determine the odds they offer because it goes a long way to deciding how much profit they will make.
It’s not too surprising then, that bookmakers will offer you an incentive to place Acca bets.
How To Profit From Every Acca Bet
Bookmakers typically promote two types of Acca bet offers.
1 . Place an Acca bet and get a free bet.
2. Acca Insurance.
The first option will allow you to lock in around 70% of the free bet value using a basic Matched Betting strategy.
Acca Insurance terms vary from bookmaker but essentially, Acca insurance is when you place a bet on a set number of football results, if one selection lets you down, you get your money back as a free bet or cash.
You can use the value of the free bet or cash as leverage to lock in profit each bet.
You can use OUTPLAYED‘s Acca Catcher tool to find profitable Acca bets.
The OUTPLAYED Acca Catcher then shows you what bets to place in order to lock in a profit.
Locking in profits from Acca insurance offers is a more advanced Matched Betting method.
However, you can start with the easier and more profitable new customer signup offers to begin with.