Accumulator bet is one of the most popular ways players wager on their favorite sports. What is an accumulator in betting? This form of betting allows people to combine the results of all the events they follow into a single bet, making a bet accumulator riskier yet much more rewarding if the wager plays out.
Football accumulator bets online are among the most popular forms of parlay sports betting, with UFC parlay bet following in close second. However, depending on the platform, they work rather differently. For example, on Parimatch, you can combine your own sports selection for an accumulator bet, or you can check out the best parlay bets this week in the Top Parlays section.
Table of Contents
What Is an Accumulator Bet?
Usually, the best accumulator bet consists of 4-5 wagers. However, there are instances when a parlay bet includes only 2-3 bets, in which cases they are called the double bet, and three-way parlay bet. It is much rarer for an accumulator bet slip to have more bets, anyway, Parimatch allows the inclusion of 20 and more bets in the parlay betting structure.
The next important question is what makes parlay sports betting different from other bet types? Well, the probability of each bet in a parlay winning is lower than the probability of winning a single bet. This results in accumulator betting having much higher odds.
Overall, accumulator betting allows for much higher winnings than you can get with any single bet. However, if you want to bet accumulator today, you must remember that it is also much riskier than any type of a single bet. That’s why a popular accumulator betting strategy is to wager low sums of money on carefully considered and researched sports events.
Best Way to Place Safe Accumulator Bets
Parimatch is one of the best places to make safe accumulator bets. Usually, bettors prefer to include connected events into a single parlay bet. For example, they can make a UFC parlay bet with wagers only on UFC events. However, that’s not a requirement, and you can place multiple bets on any sports in your bet slip. For example, you can make a combination of NBA parlay bets and football accumulator bets. The only requirement is that the overall accumulator odds of a parlay do not exceed 2000.
If you’re not sure about which events you want to include in your accumulator bet, you can check a selection of good accumulator bets this weekend on the Top Parlays section at Parimatch. These combine the most popular single bets players are wagering on into a parlay that has a big chance of winning. Picking an option from the selection of the best parlay bets this week is considered the best way to bet parlays, but you should still do your research and check if the outcome of each event is probable.
Now, let’s take a closer look at how to place an accumulator bet from the Top Parlays on Parimatch:
1. Select the Top Parlays Section of the Menu
Parimatch is considered the best betting site for accumulators for the newcomers in particular because it is so easy to navigate. When you visit the platform, on the left, you will see a menu with a selection of sports categories you can bet on. Here, you will also see the Top Bets section, where you can see the most popular single bets that are being made on the website, and the Top Parlays section, where you’ll be able to select an accumulator bet to wager on.
2. Select the Bet from the List
In the Top Parlays section, you will see a selection of accumulator bets you can bet on right now. There is usually a diverse selection of the best parlay bets this week from different sports available at any given time. Each bet has a description of the event, the odds for each match, and the odds for the parlay as a whole. Determine which bet you want to wager on based on how familiar you are with each event in the parlay and how comfortable you are with the odds provided.
3. Add the Bet to your Betslip
If you’ve selected an option from the best parlay bets today, the rest is simple. Log into your Parimatch account (or register on the website if this is your first time betting) and click the “Add to betslip” button. The accumulator bet will be automatically added to your bet slip.
Overall, Parimatch is one of the best platforms to make an accumulator bet. It is easy and fast, there is no need to make any extra calculations. Furthermore, Parimatch is a platform that has a long history, is well-trusted all around the world, and it is a licensed betting company.
In addition, Parimatch has the best betting app for accumulators, so you can make bets wherever you are, whenever you like. And if you have any questions about the betting process or if you’ve encountered any issues, Parimatch has a professional customer support team that is ready to assist you 24/7.
Besides, there is a wide variety of other activities you can engage in on Parimatch. For example, you can bet on kabaddi, virtual sports, play slots, or place bets in a live casino. And you don’t need a lot to get started – the registration process is swift, and you only need to make a small first deposit to start betting on whatever you want. And there are a lot of ways you can make that first deposit – from your regular bank card to a Bitcoin e-wallet.
Instruction: How to Calculate a Parlay?
Now that you know how to place an accumulator bet, you also need to be aware of how to calculate a parlay. If you don’t want to worry yourself with math, you can always rely on a platform you’re making the bets on, as it will usually calculate everything for you. There are also online calculators that will help you to determine the details of your parlay bet. However, let’s take a closer look at how you can do it by yourself.
Let’s get the calculation of an accumulator bet explained through a particular example of a three-way parlay bet, which consists of a bet to win on Chennai Super Kings in the game between CSK and MI, a bet to win on Royal Challengers Bangalore in a game between KKR and RCB, a bet to win on Punjab Kings in a match between PK and RR and a bet to win on Sunrisers Hyderabad in DC vs. SRH cricket match.
Firstly, let’s take a look at how much you would get if you’d place a single bet on each event separately and win. For example, if your stake is ₹10,000 on each match, you’d get 10,000*2.00=₹20,000 for the first match, 10,000*1.70=₹17,000 for the second match, 10,000*1.78=₹17,800 for the third and 10,000*2.17=₹21,700 for the fourth. This means that your profit would be at 36,500₹, which isn’t bad, right?
Now, let’s calculate the odds for our four fold accumulator bet from the example. Using decimal odds, the operation for that is simple – you just need to multiply the odds for each separate bet. As a result, the odds for this particular stake would be 2.00*1.70*1.78*2.17=13.13.
If we assume that you bet the same amount as you did in the original example with multiple single bets, with this parlay bet you would have a payout of 40,000*13.13=â‚ą525,200. This means that the overall profit you would gain from betting on an accumulator bet would be â‚ą485,200, which is more than 10 times bigger than if you would bet on events separately.
However, knowing what is a parlay bet, you already know that there is a downside to it being more of a risk. Let’s assume that in this example, the last match in the accumulator would result in a loss (or in a draw in this draw no bet on accumulator) for SRH.
If you’d place one bet on each outcome separately, you would win ₹20,000 for the first bet, ₹17,000 for the second bet, ₹17,800 for the third, and you would lose ₹10,000 with the last wager. This means that your wins covered the loss of 1 bet.
However, for a parlay bet, this result means a total loss. You lose all ₹40,000 of your original bet no matter that most of the events in the parlay won. So, you should do thorough research or trust the source of today betting accumulator prediction before you place such a bet, especially if it’s a draw no bet parlay.
What Are Some Other Available Bet Types at Parimatch?
Parimatch offers a lot of other betting options you can try out:
Parlay Bet FAQ
How to place a football accumulator bet?
Select the Football category from the menu on the right, select the first match you would like to add to your parlay bet, then select the outcome you want to bet on. Next, select the second event and outcome, and choose the “Parlay” option on your bet slip on the right. Alternatively, you can select one of the good accumulator bets this weekend from the Top Parlays section of the menu.
What is an accumulator bet?
An accumulator bet is a set of wagers that are considered winning only if each of the bets in the set wins.
How do parlays work?
Parlay bets have higher odds due to being less likely to win than each separate event. The odds of a parlay are calculated by multiplying all the odds of each bet — that’s how accumulator bets work.
How does a parlay bet work?
Betting the same amount, the winnings you get from a parlay bet are much bigger than the winnings from each separate single bet. However, there is a risk of losing your whole bet, which you don’t get from single bets.
Read More
- Betting Strategies and Systems Explained
- Online Betting in India
- Bitcoin Betting at Parimatch
- Parimatch Mobile App