How To Lock-In Profit on Accumulator Bet Insurance – Already 2 + Winners Scenario
Estimated Reading Time: 16 minutes
Are You Aware How To Make More Extra Money from Accumulator Bet Insurance After Having 2 Winners?
- 1. I will Show You Specific Method To Lock-In Your Accumulator Bet Insurance Profit by using Real Coral ACCA Insurance Example.
I will Show You Specific Method To Lock-In Your Accumulator Bet Insurance Profit by using Real Coral ACCA Insurance Example.
We use our Customized Accumulator Bet Spreadsheet Calculator To Make Everything Easy!!
We Never Count On Chance But Make the Best Use of Mathematical Advantage Over Bookmakers Derived From Their ACCA Insurance Offers. How? We Employ Matched Betting Technique , which is one of the Advantage Plays. We Have Many Customized Tools To Rake Cash Risk-Free or Lock-In Profit from ACCA Insurance Offers. As Long As You Follow Our Guides (All Are Free), Honestly Speaking, You Can Earn Well Over £5,000 during 2017 -18 Footy Season Only From ACCA Insurance Offers I list in the separate document (see at the bottom). This is a part of my posts demonstrating How You Can Lock-In Profit ACCA Insurance for All the Different Scenarios by Playing Around our ACCA Insurance Spreadsheet based on the Real Bookmakers’ Offers.
You may also want to read
The above case indicates the method to achieve guaranteed profit when you hit a loser at early stage. In this post, I’m showing the case where you have 2 or more winners before hitting the 1st loser. Under this scenario, you can usually ensure bigger profit because you already accumulate a couple of winners, so as the below scenario which you may want to read;
I’ll use Coral ACCA Insurance as an example.
How Matched Betting Works
If you are familiar with the matched betting, please skip this section.
For those who are completely new to the matched betting, firstly suggest take a look at Matched Betting For Dummies – 9 Essential Things You Should Know Before Staking Any Real Money;, where you will find every basic about the matched betting.
Here, since we’re talking about Coral Offer, let me briefly explain how it works by using Coral Welcome Bonus. In fact, you can lock-in Profit at the time you open the account. Coral offer to new players “Bet £5 Get £20 (4 x £5) Free Bets”
What we do are;
- 2 transactions of Back (bet on win) £5 on Team or Player A at Coral & Lay (bet on NOT win) appropriate £ (stake can be calculated by free software) on the same Team or Player A at Betting Exchange like Betfair so that you cover all outcomes.
- Regardless of the outcome, your losing & winning will cancel out each other. In the real practice, usually, 2 bets are not perfectly offset due to the odds difference & exchange commission. Therefore you make a small loss called Qualifying Loss.
- But now, you get £20 (£5 x 4) Free Bets. You repeat the exact same process but using the free bet for the back bet at Coral. Then, this time free bet value (minus qualifying loss) will become your net profit.
- You may be able to extract around £15-17 pure profit from this offer.
- Success factor is how to minimize the qualifying loss by selecting the player whose odds gap (between Coral & Betfair) is the narrowest. You can use Free Odds Matcher to locate such opportunities. For the detail step-by-step process, take a look at Free Matched Bet Starting Guide (2) – How To Sign-Up & Place Qualifying Bet.
As you see in the above process, betting exchange is essential for matched betting. Therefore, it’s critical to adopt the right approach toward the betting exchanges from the beginning, which will affect your long-term profit. Suggest you take a look at Bet Exchange – How To Sign-Up & Lock-In Profit Wisely With Best Offers, where you find the Smart Tactics on How To Use Which Bet Exchange in Which Occasion with spoon-fed like instructions.
We recommend SMarkets as a Core Betting Exchange for matched betting. Not Betfair, Why? Also show how important Matchbook is. Please go to the above document that explains the full rationale & comprehensive strategies to make the best use of all 4 key betting exchanges.
Anyhow, for those who have not opened SMarkets or not even a single bet exchange account, I prepared a step-by-step guide for your quick start. You can effortlessly extract cash from its sign-up bonus of £10 Risk-Free Bet. Actually, this is one of the easiest offers to lock-in profit in the industry. Please click “+” mark to open the instruction;
What’s Coral ACCA Insurance?
Note: Coral completely changed Acca Offer into 10% Price Boost from August 2017. As a general guideline, unless the boost is more than 40-50%, it does not have value. Given the 10% only, it is not worth pursuing. For the detail rationale, please read 3 Methods Of Laying Enhanced Accumulators & Acca Bonus To Lock-In Profit.
Although this new offer is not worthwhile, the old Coral Acca Insurance is a typical mechanism that applies to majority of the ACCA Insurance offers. Means, the below explanation based on the Coral old offer is perfectly valid as a basic guide.
Coral Old Offer
Let’s quickly recap on what Coral offers. It’s a typical Football Accumulator Bet Insurance saying “Place any five-fold match result accumulator of £/€2 or more and if one of your selections lets your acca down, we’ll refund your stakes as a free bet up to €/£25.” For full details, read its Acca Insurance T&C in the Promotion Page and click 5+ ACCA Insurance box of the below image;
How I Bet & What Happened?
I placed £25 (maximum refund amount) 5 Fold Accumulator Bet by selecting the below football matches;
Based on the basic tactics of matched betting guide, I select narrow (between Coral & Exchange) & short (strong home favourite) odds as much as possible.
I use one of 3 types of our Accumulator Bet Insurance Spreadsheets (see the details later). That is a Lay Sequential Spreadsheet to control my Lay Off and Profit/Loss shown by red arrow at the right end column in the below table.
So at the starting point, I’m losing £3.2. Just briefly, how we profit from Accumulator Bet Insurance with this method is by laying the selections off one by one (therefore it is called lay sequentially) for a small loss until we hit a loser. And hope that we just have the 1 loser to get the free bet.
Remember you should keep laying until you hit the first loser. If you didn’t lay the 1st loser, you would lose not only your stake but also all the previous liabilities because you don’t receive the lay winnings from the 1st loser which cover all the cumulative liabilities.
Therefore, I kept laying off the Stake Ideal suggested by the Spreadsheet based on the updated lay odds in the exchange (I used SMarkets). So, what was the progress when the 4 legs completed? The first 3 selection won but the 4th selection of “Eibar” lost. At this stage, thanks to the shortened lay odds of the first 3 selections, my loss decreased up to £0.38 as shown below;
You can stop laying off “Reading” in the last leg as a standard approach by hoping that “Reading”will win. Then you will receive the £25 Refund in Free Bet, of which cash value is approximately 80%, means £20 cash value refund. Your final profit would be £20 refund – £0.38 loss = £19.62. Or, if “Reading” loses, you will lose £0.38.
Accumulator Bet Insurance Lock-In Profit Approach
Alternatively, you can Lock-In Profit before the last leg. All you need to do is Activate Bonus Section by Turning It into YES as shown by green arrow in the below table. Then the sheet automatically calculate the final lay amount you should do at the last leg (red arrow) while giving you the lock in profit amount in the right end column (blue arrow). It shows £10.52 Profit if “Reading” loses and £9.49 Loss if “reading” wins but as you get the £20 cash value refund, means £20 – £9.49 = £10.51 Profit. So, no matter what the final leg’s result will be, you will have guaranteed £10.51 Profit.
When you place “L” at the last leg (as red arrow points), the final result of the Profit / Loss are shown as below (blue arrow);
The result supported Lock-In Profit Approach this time. However, as I keep saying, nothing is wrong to chose the standard approach, because it’s still an Advantage Play, namely risking £0.38 to get £19.62 profit which is 51.63 effective odds (£19.62/£0.38). Besides, Reading’s win odds is 1.8 means the probability of their win is over half, namely 56% (1 / 1.8 x 100 = 55.5%), so all in all it’s worth taking such risk. Even though you lose this time you will never lose but be profitable in the long-term as long as you keep doing such advantage play.
Bottom-line, there is no right or wrong for you to chose within the above 2 approaches, it fully depends on your Risk Tolerance, the key points here are;
- Allow me to repeat, we’re not a gambler but the Advantage Player therefore it’s no way for us to lose money but make money average in long-term, mathematics always supports you.
- The lock-in Profit method under this scenario (after having multiple winners before hitting the 1st loser) will give you bigger profit compared with the case of having early loser. Therefore, whenever you have 2 or more winners you should always keep this approach in mind.
How Much Can You Make from Accumulator Bet Insurance?
You can place the above ACCA Insurance bet every day in Coral. If you place even only 20 bets a month and average profit is pessimistically estimated to be £10. Then you will get £200 solid extra income every month with just 10 minutes work per day.
you may want to take a look at my post of “How To Earn £5,000 Risk-Free from William Hill ACCA Insurance & Bet365”;
This article gives you better insight on the possible earnings.
All the big UK / Ireland Bookmakers including William Hill, Paddy Power, Ladbrokes, 188Bet, Betway, Titanbet, 21Bet, Sporting Bet, Betstar etc. offer you more or less the same ACCA Insurance,
For the on-going Accumulator Bet Insurance, see 2017-18 List Of The Best ACCA Insurance Offers By Key Bookmakers;Actually, you can take all their ACCA Insurance Offer then you will calculate how much you get guaranteed profit, easily over £1,000 every month.
Back A Winner Acca Offer
Incidentally, Acca Insurance is the insurance for losing bet. On the other hand, you can also find many Acca offers for winning bet, which are Enhanced Odds, Price Boost or Bonus. The Coral new offer is this concept. I include a few of these offers in the above Acca Insurance List, which will increase your earning potential. You can lock-in profits from these offers, please take a look at 3 Methods Of Laying Enhanced Accumulators & Acca Bonus To Lock-In Profit
The another benefit of Accumulator Bet is that Bookmakers like the players who place ACCA Bets. Because it’s their cash cow, therefore you can reduce the chance of being gubbed – meaning “account restriction” which bookmakers do to the smart punters, consequently, you can keep profiting for long-term.
When it comes to the Accumulator Bet Insurance Guidance & Lay Spreadsheet Calculator, see the below sections;
Specific Instruction On Accumulator Bet Insurance Lay Sequentially & Customized Spreadsheet
Just in case you’re new to ACCA Insurance bet, go to How To Lock In Profit From Multiples Offer / ACCA Insurance;Special Report by GEM(The above info is a protected page, so just fill-in your name & e-mail address to instantly obtain password which can be used for all the other member only pages).
Customized Spread Sheets
We separately prepare the Tutorial for the Lock-In Profit Calculators – we have 3 modes of Spread sheets of;
- Basic Mode – Lay Sequentially (this is the spreadsheet I used in the above William Hill example)
- Lock-In Profit Mode – Lay Against Refund (in fact, this Mode set what I did in the above from the beggining)
- Simultaneous Mode – Lay All
You can download all the 3 mode spreadsheets and follow the step-by-step tutorials for each spreadsheet to guarantee profit with risk free. Go ACCA Insurance Lock-In Profit Spreadsheet Tutorial Special Report by GEM (you can use the same password you obtained in the above report for this document as well)
Allow Me To Repeat Sports Betting is No Longer Gambling, Get Extra Income that will Cover All Daily Expenses and Save For A Rainy Day No More Money Worries!!
Good Luck On Your Extra Income Journey!!
Publisher of GEM (Global Extra Money)