If you place a double or a treble, you have placed 2 or 3 bets respectively. ALL your bets need to win, for you to make a profit (and get your stake back). If all your bets don’t win, you lose your stake and don’t get any profit. If your first bet wins, BOTH the winnings and the stake are combined to become the stake for the second bet etc. 4 bets can be called a fourfold. 5 bets can be called a fivefold. 6 bets can be called a sixfold. Although, all the above work in the same way (all the bets have to win, for you to make a return and get your original stake back), technically only 4 bets and above are called accumulators (although some people still decide to call doubles and trebles accumulators). Accumulators suffer from overround multiplication issue.
- Let’s say you have £60 to bet in total, on 4 bets at odds of 3/1, 4/1, 5/1, and 6/1.
If you bet £15 on each of this outcomes separately, you stand to make the following profit on each bet (and get your £15 stake back):
- 3/1 : £45
If all the selections won you would get £270 in profit (and get your £60 of stakes back).
- 3/1 : £45
- However, if you decided to put the same total amount of money in an fourfold accumulator (£60) on the same odds at your favourite bookmaker, you stand to win £50,400 (and get your original £60 stake back).
- Accumulators Explained: Your £60 stake is placed on the 3/1 bet – if it wins £240 is placed on the 4/1 bet – if it wins £1,200 is placed on the 5/1 bet – if it wins £7,200 is placed on the 6/1 bet. If that wins you stand to win £50,400 (and get your original £60 stake back). Each time, the profit and stake from the previous bet, becomes the new stake for the following bet.