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MAIN / / What Is an Accumulator Bet?

Do you enjoy the thrills and risks of sports betting? Try accumulator bets on Parimatch today! For years, at Parimatch, we have maintained our reputation as the number one sports betting app in Tanzania, offering fans the most competitive odds and a diverse range of sports betting markets to explore.

But before you jump into the adrenaline-filled world of accumulator bets, there are vital things you need to know. Luckily, we at Parimatch have developed this comprehensive guide filled with essential tips and strategies to help you in your accumulator betting journey on the Parimatch app. Don’t wait any longer; start placing accumulator bets on Parimatch today!

What is an Accumulator Bet?

An accumulator bet is a type of bet that combines several individual bets into a single bet. In accumulator bets, the individual odds of all the single bets are combined, increasing the potential payout.  While this means that you have the possibility of winning much higher sums, it is also significantly riskier as all predictions have to be correct in order to win anything at all.

Accumulator bets are fastly becoming popular among Tanzania sports bettors because it offers them a chance to win big with relatively small stakes. These types of bets also go by other names like Combo bets, Multi-Bets, Parlay bets, and Accas.

Here’s an example of accumulator bets in football. Let’s say you’re placing bets on the UEFA Champions League. In the following matches, you predict that Barcelona, Liverpool, Juventus, and Sevilla will be winners of their respective matches.

Accumulator bets on Parimatch website

You could place four single bets on each of these outcomes. This would mean that you would place a bet on each match individually. In this circumstance, if only two of your bets turned out to be correct, you would gain modest returns on two of the bets.

However, if you placed an accumulator bet, you would bet on all four outcomes simultaneously, which must be correct to win. Plus, your winnings are way higher than single bets.

How Do Acca Bets Work?

Accumulator bets work differently from single bets, enabling the punter to win higher returns potentially. However, as noted above, higher returns come with a higher risk than you would ordinarily have when placing single bets. Let’s look at the same example as above.

When placing a single bet on the above outcomes, each bet is treated individually, meaning you still get payouts even if some selections are wrong. However, with accumulator bets, all four predictions must be correct to collect any winnings or your entire stake is lost.

Using the previous example, if your predictions on Barcelona, Liverpool, and Juventus matches are correct, but you lose the bet on the Sevilla match, you lose your entire stake. However, if you are right about all four outcomes, you win big!

But how big? To understand the amount you can win on an accumulator bet, you need to understand how accumulator bet odds are calculated.

How Accumulator Bet Odds Are Calculated

When placing accumulator bets on the Parimatch platform, it is vital to understand how the odds work, as this will give you an idea of how much real money you can win. To calculate accumulator odds, multiply individual odds. Accumulators have higher potential winnings than separate bets where odds are added. Parimatch handles all calculations, so you can focus solely on your predictions.

MARKET

OUTCOME ODDS
3-way betting BARCELONA to win

2.37

3-way betting

LIVERPOOL to win 2.17
3-way betting SEVILLA to win

2.46

3-way betting

JUVENTUS to win 2.02
TOTAL ODDS:

25.56

As you can see, the total odds is 25.56, from multiplying: 2.37 x 2.17 x 2.46 x 2.02.

To work out your potential winnings, multiply your whole stake by 25.56, then subtract the original stake. For a 40,000 TZS stake, potential returns are 825,795 TZS. Subtract the stake, potential profit is 785,795 TZS!

A single bet on the same outcomes would yield  50,200 TZS, and compared to the 785,795 TZS of the acca bet, you can see that it’s possible to make over 15 times the profit in one bet!

How Risky Are Accumulator Bets?

Accumulator bets have higher risks than single bets, and to be successful in playing accas, you need to understand these risks and how they affect your winnings.

Here’s an example to show how the risk varies between a parlay bet and single bets. Let’s say you want to place an accumulator bet on four boxing matches:

Player 1 Odds Player 2 Odds
Carl Frampton 2.20 Jamel Herring 1.78
Dillian Whyte 1.22 Alexander Povetkin 3.25
Mairis Briedis 1.39 Yunier Dorticos 2.75
Daniel Dubois 1.18 Joseph Joyce 4.45

With single bets, the risks are calculated individually because you still get payouts even if you lose some bets. Implied probability is used to determine the likelihood of you winning a bet and is calculated by dividing 100 by the decimal odds.

For the above boxing matches, the implied probabilities of winning each of these bets are as follows:

Herring — 56%

Whyte — 82%

Briedis — 72%

Dubois — 84%

Looking at the figures, it looks safer to pick the favorites and place a single bet. However, staking 10,000 TZS on each outcome may only yield 15,700 TZS, while an accumulator bet with a 40,000 TZS stake has a potential return of 102,400 TZS. That’s 6.5 times the profit!

But by using implied probability, we see that the risk is much higher. Multiply the odds to get the accumulator’s implied probability.

Here: 1.78 x 1.22 x 1.39 x 1.18 = 3.56. 

Divide 100 by 3.56 = 28% chance of winning.

There you have it! Singles offer safety with high implied probabilities and part payouts. Accumulators have a 28% chance of all being correct but 6.5 times the profit. Much higher risk, much higher return!

Placing Accumulator Bets on Soccer

We’ve seen examples of how accumulator bets work and how the odds are calculated. Now, here’s a detailed guide on how to place soccer accumulator bets on Parimatch.

  • Go to the Parimatch site or app to create an account or sign in.
  • Click on football and select a country, league, or competition.
  • Make your predictions by clicking on them, and select as many as possible. You can choose all kinds of parlay bets, from “First Goal” wagers to “Odd/Even” bets, from “Totals” betting to “Handicap” wagers.
  • Click on betslip, which is highlighted in yellow at the bottom of the screen.
  • Review your selected options, you can add or remove predictions here.
  • Scroll down to input your stake amount, your account must have been funded.
  • Click on the bet, and you’re good to go!

What Soccer Accumulator Bets Are Available on Parimatch?

The Parimatch sports betting app offers customers the widest range of sports betting options. We offer accumulator bets on all football tournaments, leagues, and competitions hosted on the Parimatch platform. From the UEFA Champions League and the UEFA Cup through to national leagues and tournaments.

Parimatch soccer fans will also be pleased to know that the sports betting app enables users to place accumulator bets pre-match and in-play (live) on national and international soccer matches. There’s also an active market for fans of esports soccer.

Can I Place Accumulator Bets on Different Sports At Once?

Yes, it is possible to place accumulator bets across all different sports simultaneously on the Parimatch sports betting app. Not only that, users can enjoy placing live and pre-match accumulator bets at the same time!

Win Accumulator Bets with These Tips and Strategies

Placing accumulator bets on the Parimatch betting app can be a thrilling and exciting experience but in order to win and hit it big, you’ll need to make the right decisions. Here are some vital tips to increase your chances of winning.

  • Pick Favourites

Choosing value and safer odds with a higher chance of winning is better than selecting underdogs with high risks. The underdogs might increase your odds and potential payout but they’ll also reduce your chances of winning.

  • Think About the Difference

In addition to always going for the favorites, ensure you look for options where there’s a clear skill difference between the two teams. This will significantly lower the chances of the underdog pulling up surprises and ruining your bet.

  • More Legs, More Risk

Be careful not to add too many legs to your accumulator bet because while they might multiply the odds and potential payouts, they’ll also increase the risk and lower your chances of winning. Only select legs you’re confident about, and remember that even doubles and trebles give great returns too.

  • Only Add Good Value Bets

While it’s good to find favorites and certain odds, it’s important to find odds where the favorites are clear favorites, but they have odds of 1.50 or higher. Adding legs with low odds because of certainty only adds risk to the bet without really increasing value. Instead, go for teams that are more likely to win but still have great odds; good value bets with high odds.

To understand how close the favorite is to the underdog, look at the difference in odds between the two. If one team has odds of between 1.00 and 3.00, whereas the other team has odds of 4.00 upwards, you can see the discrepancy between the two teams. Pick the team most likely to win while enjoying the high odds. Here is a good example of a good value bet:

Scotland 1.77 Draw 3.40 Israel 4.50

Scotland is highly likely to win, and the odds will multiply your accumulator odds by 1.77.

  • Choose Classic Markets

Stick to classic markets, such as 1X2, winner bets, and “Both Teams to Score.” While it is certainly possible to place accumulator bets on handicaps, totals, and other more advanced betting systems, it’s best to stick to simple bets.

  • Don’t Choose Guess Bets

Avoid bets that are based on luck such as odd/even and wagers on timed goals as they can completely disrupt your winning streaks that are based on real statistics.

Why Place Accumulator Bets on Parimatch?

Parimatch is the number one betting app in Tanzania due to its ease of use, unparalleled variety, extremely competitive odds, and top customer service. Wondering why you should choose Parimatch to place your sports acca bets? Here’s why:

History

When it comes to sports betting, it’s always good to go for sites that are reliable and trustworthy. Parimatch is a well-established brand with a proven track record of quality service to multiple players around the world.

Variety

The Parimatch sports betting app prides itself on variety. Offering more sports than any other sports betting app in Africa. Our platform enables users to place parlay bets on every sport imaginable, even esports.

Live and Pre-Match Betting

Parimatch offers a variety of options for accumulator betting, including pre-match and live sports. With parlay bets available across all types of sports betting, you can mix and match live and pre-match accumulator bets to suit your preferences.

Parimatch Sports Betting App

For those who love to jump on the chance to place a good accumulator bet, the Parimatch sports betting app now allows you to place acca bets directly from your smartphone from wherever you are.

How To Place an Accumulator Bet on Parimatch

f you already have a Parimatch account, follow the quick guide below on how to place accumulator bets. If not, be sure to check out these instructions on registering and depositing money on Parimatch.

  • Sign in;
  • Choose live, pre-match, or virtual sports betting;
  • Select your sport;
  • Choose the country and tournament;
  • Place as many bets as you would like;
  • Head to the betslip;
  • Click “Parlay” in the top tabs;
  • Check your bets and finalize.

Summary

Accumulator bets combine two or more single bets together, multiplying their odds and increasing potential payouts. These wagers offer a chance to win big, but they also carry high risk.

To increase your chances of winning, stick to classic bets over complex ones and choose favorites over underdogs. Remember that all of your picks need to be correct to win, so consider placing system bets as a safety net.

As a Tanzanian punter, download the Parimatch sports betting app for easy access to parlay bets across a variety of sports and competitions. Enjoy live, pre-match, and virtual sports accumulator bets with just a click.

FAQ

What is a parlay bet in Parimatch?

This is a combination of single bets where the odds are multiplied to yield higher returns.

What is the best option for football betting?

Both single and parlay bets are great options, it all depends on preference and the available selections.

How to calculate a parlay?

To calculate a parlay, multiply the odds of each individual bet together.

How to win multi-bet daily?

There’s no definite way to win multi-bets daily. However, employing the right strategies can greatly improve your chances.

What happens to my accumulator if a game is postponed?

The particular game will no longer count in the total acca odds and your bet will stand on the remaining selections.

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