Multiple betting, also known as ‘accumulators’ enable you to make bets that combine various markets into one much larger wager. Instead of having to take the winnings from one correct bet and place them yourself onto another market, the bookmaker simply multiplies the results of the bet together for you, giving you a heavily inflated price, but one that requires every result to come in for you to win anything. Let’s have a look at an example:
Multiple Betting Settlement
Say you want to bet on three tennis matches, and want to place a multiple bet on. The prices are as follows:
A (4 to 1) vs B (1 to 4)
C (3 to 1) vs D (1 to 3)
E (6 to 1) vs F (1 to 6)
You want to back A, D and E for a bet of £10. In a multiple, it is assumed that every winning bet on one match is immediately bet in totality on the next, so lets have a look at what kind of price that comes up with.
A vs B. Your £10 stake @ 4/1 wins £50 (£10 stake + £40 profit)
C vs D. Your now £50 stake @ 1 to 3 wins £66.5 (£50 stake + £16.5 profit)
E vs F Your now £66.5 stake @ 6/1 wins £465.5 (£66.5 stake + £399 profit)
Interestingly enough, regardless of the order we do these multiplications, the end amount of money remains the same, so in this example we stake £10 to win £465.5 if all of our results come in. If any fail than we lose our £10 stake.
Significant Returns Achievable
These bets can be done on nearly any scale, offering the chance of huge wins from tiny initial bets, albeit ones at very long odds due to the sheer number of results that have to all come in perfectly to get any return.