How To Lay Off Multiple Bet & Accumulators – Step By Step Guide For Newbies

Multiple Bet - How To Lay Off Accumulator Bet

Estimated Reading Time: 25 minutes

What Are Multiple Bet or Accumulators? How To Lay These Bets In Betting Exchange To Lock-In Profits? We Show You Very Comprehensive Process For Matched Betting Newbies with Multiple Bet Lay Calculator!!

Major Bookmakers Regularly Offer Promotions Related To Multiple Bet & Accumulators such as Enhanced Price and Acca Insurance, Which Are Very Lucrative For Us. You Can Effectively Lay Off Them To Guarantee Profits, Which Will Create Handsome Online Extra Income Every Month.

How To Lay Off Multiple Bet & Accumulators – Introduction

Firstly, many people automatically think Betting = Gambling. Big Misconception. We do bet but don’t count on luck. Instead, we do 6 Advantage Plays6 Advantage Play Feature Image based on mathematical edge to beat the bookies, casino & bingo. matched betting for dummies, feature image When it comes to the Sports Betting, we use Matched Betting / Sports Arbitrage / Value Bets On Proven Tipsters to lock-in profit or consistently earn extra income for long-term. With that said, one of our policies is “Betting On Chance Is For Losers, Stop Gamble Betting But Bet on Only +EV (Expected Value) To Win Reliably“. It is effectively our way to promote Responsible Gambling under the regulation, and we strongly support GamCare & GambleAwaregambleaware logo being explained in about us. We would like our readers to exploit such reliable money making opportunities as many as possible. We employ many customized tactics to get maximum return from every bookmakers’ promotion. Sharing the specific guide about The Technique To Lay Multiple Bet & Accumulators is One Of Our Efforts To Achieve That Vision.

How To Lay Multiples & Accumulator Agenda

We cover the following subjects;

  • What Are Multiple Bet / Accumulator (ACCA)?
  • How To Place Multiple Bet / ACCA and How To Calculate Winnings
  • Matched Betting – Underlying Concept To Make The Bet Risk-Free
  • When Should We Use Matched Betting For Multiple Bet / Accumulator (ACCA)?
  • Prerequisite & Basic Process To Make Matched Betting Multiples Risk Free
  • How To Lay Off Multiple Bet / Accumulator Bet – Specific Process
  • Key Summaries
  • Appendix – Potential Earnings From Accumulator Bet Insurance

What Are Multiple Bet / Accumulator (ACCA)?

If you know all about the basic of Multiple Bet, just skip this section. Wikipedia says;

Multiple bet A double, treble or accumulator. A linked series of win singles where all the return from the first selection is automatically staked on the second selection as a win single and so on until all selections have won, thus giving a return, or until one selection loses in which case the whole bet is lost.Glossary of bets offered by UK bookmakers
So, Multiple Bet (or Multiples, Accumulator, ACCA etc) is simply more than 2 single bets are combined as a single bet. Each linked event is called as Leg, so the first bet is Leg 1, the 2nd is Leg 2 etc. Double is a bet on two selections.  Treble is a bet on three selections. And ACCA standing for Accumulator is a bet on four or more selections. All of which must win to gain a return. Accumulators are often named after the number of selections they contain. Therefore you can get a four fold, five fold or six fold accumulator (or even higher). The winnings are calculated by placing all the money on the first selection. Then the winnings from that bet is placed on the next bet, etc

How To Place Multiple Bet / ACCA & How To Calculate Winnings

The process of placing multiple bet is very simple. Let’s use the real example of Paddy Power Premier League case as below; ACCA standing for Accumulator I selected 3 favorites of Hull vs Leicester on 13 Aug. Bournemouth vs Man Utd on 14 Aug. And Chelsea vs West Ham on 15 Aug ’16 which are automatically shown in the Betslip in the right end. Since it is a 3 choices, it is Treble. All you need to do is tick the Treble box in the lower part of the Betslip and fill in your stake. Assuming you bet £20 on this Treble, your expected return will be; £20 x [2.00 (Leicester Odds) x 1.72 (Man U Odds) x 1.61(Chelsea Odds)] = £110.768 You can use publicized free Multiple Bet Calculator like Aceodds below, which will be convenient when you construct more complicated multiples;

matched betting free calculator
Click The Image To Enlarge

So, When & how to make Matched Betting Multiples with Risk Free? Before talking about it, let’s briefly recap matched betting.

Matched Betting – Underlying Concept To Make The Bet Risk-Free

As said at the beginning, our underlying technique to make the multiple bet risk-free or lock-in profit is Matched Betting. Anybody who are familiar with the matched betting, please skip this section. For those who are not familiar with the matched betting at all, firstly suggest take a look at Matched Betting For Dummies – 9 Essential Things You Should Know Before Staking Any Real Money;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. However, for your convenience, I’ll briefly explain how it works by using William Hill Welcome Bonus. Yes, you can lock-in Profit at the very time you open the account. William Hill offers to new players “Bet £10 Get £30 (3 x £10) Free Bets"WH Sports Sign-Up Page What we do are;

  • 2 transactions of Back (bet on win) £10 on Team or Player A at William Hill & 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 or Smarkets 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.Free Matched Bet Starting Guide (2) – How To Sign-Up & Place Qualifying Bet
  • But now, you get £30 (£10 x 3) Free Bets. You repeat the exact same process but using the free bet for the back bet at William Hill. Then, this time free bet value (minus qualifying loss) will become your net profit.
  • You may be able to extract around £22-25 pure profit from this offer.
  • Success factor is how to minimize the qualifying loss by selecting the player whose odds gap (between William Hill & 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. We use this William Hill sign-up bonus as an example in this instruction.

Betting Exchange

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. The 4 most established bet exchanges are;

Suggest you take a look at Bet Exchange – How To Sign-Up & Lock-In Profit Wisely With Best Offersbet exchange, sign up strategies feature image, 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? Please go to the above document that explains the full rationale & comprehensive strategies to make the best use of all 4 key betting exchanges.

Betfair Alternatives

Just in case you can’t legally or physically access to Betfair in your country, this guide may help.

Anyhow, for those who have not opened SMarkets exchange account, we prepared a step-by-step guide for your flawless 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;

SMarkets Sign-Up Process with Screenshots

Please follow the below process, which takes less than 10 minutes to complete;

Update & Confirm T&C (Terms & Conditions)

  • Firstly, Go To SMarkets Welcome Offer Page and confirm the availability of £10 Risk Free Sign-Up Promotion (or if you’re lucky you may find a better offer they periodically run via that link)

smarkets £10 welcome offer image

  • Read welcome bonus T&C. I know it’s a boring stuff but never try to save time by skipping it to avoid any unpleasant future surprise;

smarkets £10 welcome offer t&c

Simple Sign-Up By Filling Information

  • After confirming the availability of the offer & reading the T&C,  click “SIGN UP" button;

smarkets £10 welcome offer sign up

  • Fill-in the required information related to Account, Personal Information & Deposit;

smarkets sign up page image

A Few Key Points

  • For the deposit method, Skrill & Neteller deposits are not eligible for the £10 bonus.
  • Account Verification. You will receive the below e-mail to verify account. Suggest you do it as quickly as possible to prevent any future transaction delay;
    Bet Exchange SMarkets ID Verification
    Click To Enlarge
  • That’s it. You’re now ready to place lay bets to construct matched betting once you sign-up the bookmakers.
  • If you are not familiar with how to start matched betting, see how to place qualifying bet.

How To Extract Cash From The Offer?

As said, SMarkets signup offer is probably the easiest one. Because you don’t have to do anything. SMarkets will refund your first £10 loss. Yes, even you win thousands of £ before you lose £10, SMarkets will refund your first £10 loss. So, just keep doing the matched betting, and whenever you lose £10 for the first time in SMarkets, you will be refunded, and as you’re aware it’s your profit.

Some Good News

  • Very simple, isn’t it? SMarkets & all other bet exchanges I list in the betting exchange guide are fully licensed & regulated by UK gambling commission. And they all register in IBAS – Independent Betting Adjudication Service, thus you can let IBAS resolve when you face any problem with them.
  • Remember, any income from the matched betting are Tax Free in the UK / Ireland even you are treated as a professional gambler, means you make living gambling with the gambling profits as your main income source – see further in Tax section in this report

£2,500 Risk-Free Opportunities

BTW, Matched Betting is all about making the best use of bookmakers’ promotion, thus you need to open up bookies account as many as possible.  All online bookies are in fierce competitive situation thus advertise tasty offers to attract your sign-up. However, Don’t sign-up directly, Click + To See Little Known Smart Method;

How To Earn £2,500 Risk-Free Cashback

Many punters overlook huge Cashback Opportunities and open up bookmaker, casino & bingo account directly. Stop doing it, you can earn a lot of risk-free cash while receiving the gambling sites’ own sign-up offers & bonuses. We have separately prepared  Betting Cashback Websites – The Ultimate Guide To Be Always Better Offbetting cashback, feature image, where you will find how to collect £2,500 cashback all together. So, from now on, Never Ever Sign-Up Any Gambling Accounts Directly Before Checking the Availability of Cashback Offer stated in the above document.

When Should We Use Matched Betting For Multiple Bet / Accumulator (ACCA)?

Broadly speaking, you can use this technique in 2 occasions;

  • Qualifying Bets to extract Welcome Offer. A few bookmakers such as Real Deal Bet requires multiple bet WR (Wager Requirements) before you can withdraw the bonus & winnings: Real Deal Bet ACCA Welcome Bonus
  • Various Multiple Bet Related Reload Offers such as Accumulator (ACCA) Insurance.  This is the ones described at the beginning and something getting increasingly popular promotion among bookmakers. Because ACCA is a cash cow for the bookmakers, such as William Hill ACCA Five;william hill acca insurance, new image

In this guide, I will explain the basic logic & process of Multiple Bet Matched betting. I focus on 1. Qualifying Bet case, which usually creates small loss. The real benefit comes from the Bonus Offer like ACCA Insurance.  I will explain it in full in the separate document of How To Lock In Profit From ACCA Insurance & Multiples Offers.Special Report for member only by GEM ACCA Insurance Bonus Extraction

Prerequisite & Basic Process To Make Matched Betting Multiples Risk Free

There are a few essential conditions you need to make it No Risk as follows;

  • If you choose a treble like the above example, you must choose 3 teams that play at DIFFERENT times as I did in 3 different days. Then it will become Risk Free.
  • The above different time selection allows you to correctly lay them off sequentially. Never ever lay off teams that are playing at the same time. And if you do you will have a risk to create a big lay loss. Because you have to bear full lay liability in exchange for all the winning games in bookmaker. However you can’t get accumulator winnings from the bookmaker when you have any losing game in the bookmaker. So, Once you Select the Teams Playing AT THE SAME TIME, Your Multiple Bet / ACCA Becomes NOT RISK FREE.
  • At the time when your back bet loses, means when your lay bet wins with the exchange, you have finished with no more bets to place. Remember, Once your bookmaker bet loses, Accumulator Finishes and You Should NOT PLACE ANY FURTHER LAY.
  • Having said, if your 1st back bet wins with the bookmaker then you need to place the second lay bet with exchange before the match starts.
  • You keep repeating this process until the multiple bet completes as long as your bets keep winning with the bookmaker.
  • Let me repeat, if any of the bets win in the exchange then it’s over. The multiple bet has lost with the bookmaker and won in the exchange. If the bets wins with the bookmaker then you need to place the lay bet on the next game.

There Is An Exception

As you imagine, we always have an exception. There is a method called Lay All At Start. As name suggests, you lay off all the legs all at once at the starting point. Under this method, you don’t need to chose the matches with different time but chose duplicated matches starting at the same time. You will see it later though you can also check How To Guarantee Profit from William Hill Accumulator with Lay All Spreadsheet;William Hill Accumulator Insurance , where you see the step by step process with real example of William Hill ACCA offer.

How To Lay Off Multiple Bet / Accumulator Bet –  Specific Process

Standard Process

As usual, let me show you the process by using the real example. Since I already used the Premier League Opening Matches before, I will use the exact same selections here (I’ll show you the better selection approach later);

  • Our choices in this Treble are favorite of Hull vs Leicester on 13 Aug, Bournemouth vs Man Utd on 14 Aug, and Chelsea vs West Ham on 15 Aug ’16. Firstly we need to make double check on our back odds. The 1st leg is as below. BTW, Paddy Power is doing MBS (Money Back Special Promotion) on every Saturday & Sunday 1st Televised match – if your team loses in the 1st half, your lose fund will be refunded, so this can be an insurance for your Trebles or actually bring a good profit;
    multiple bet, hull vs leicester
    Click The Image To Enlarge
  • The odds is 2.00 (remember, we have to win in the Trebles so as a rule of thumb back the favorite), and now we have to check the lay odds for this match, SMarkets shows 2.06 as a Lay odds on Leicester;
    multiple bet, hull vs leicester lay odds
    Click The Image To Enlarge
  • Don’t attempt to lay now, firstly you have to check all 3 matches Back & Lay odds to calculate how much you need to lay & how much your profit / loss would be if this Treble is completed. Therefore continue to check the 2nd leg of Bournemouth vs Man Utd on 14 Aug, of which Paddy Power also offers MBS, which is pretty good;
    multiple bet, bournemouth vs man utd
    Click The Image To Enlarge
  • SMarket’s lay odds on Man U is 1.83;
    multiple bet, lay odds on man u
    Click The Image To Enlarge
  • The last leg is Chelsea vs West Ham on 15 Aug ’16, and the Chelsea odds in Paddy Power (no MBS for this match) is 1.61;
    multiple bet, chelsea vs west ham
    Click The Image To Enlarge
  • SMarkets indicates Lay Odds on Chelsea is 1.68;
    multiple bet, odds on chelsea
    Click The Image To Enlarge
  • Now, you need a Multiple Bet Lay Spreadsheet (automatic bet calculator) to calculate the required Lay Stake and Profit / Loss. (see later for its details). The spreadsheet shows £3.74 loss in any of the scenarios of 1st Leg lose or 2nd Leg Lose or the Last Leg loses. However, don’t forget this Treble includes 2 MBS chances which may give you £25 full refund, then your potential profit will be £25 – £3.74 = £21.26
    multiple bet, spreadsheet calculation
    Click To Enlarge
  • So, what you need to do is to carefully track each leg, only if your 1st leg wins with your bookmaker, start laying off the 2nd leg in Exchange. If the lay odds changes you need to update the calculation by filling in the latest lay odds. And only if you win the 2nd leg with your bookmaker, move to the last Lay in the same manner.
  • You can complete the full Treble by using the above process.

Better Approach

I used the above 3 Premier League match examples just for the smooth flow of the explanation. However, whenever you select the matches for multiple bets, you should stick to the basic principle of Matched Betting. That is selecting the match with the closest odds between Back & Lay, so see the below example which I use Paddy Power again;

  • Go Oddsmatcher and select Paddy Power with Filtering odds 1 – 3 (you need to select short odds which I explain why later);
    multiple bet, process with oddschecker
    Click The Image To Enlarge
  • The above shows the top 3 closest odds which are Hlcin vs Frydel Mystek 1.62 vs 1.59 (Betfair) on 10 Aug, Metx vs Lille 1.73 vs 1.71 (SMarkets) on 13 Aug, and Sevilla vs Barcelona 2.88 vs 2.86 (SMarkets). I input these numbers in the multiple bet lay spreadsheet as below;
    multiple bet, spreadsheet for more profits
    Click To Enlarge
  • This case shows £0.67 Profit in any of the cases of 1st Leg finishes, or 2nd Leg finishes or complete full Trebles.

Key Summaries

  • I can’t emphasize this point more, Chose the Matches in Different Time.
  • Don’t lay off the next match before you confirm the current leg’s win at bookmaker.
  • So, in order to meet the above points, you should never select the games that overlap, thus you lay the legs sequentially.
  • Select the matches based on the matched betting theory, which is to chose the events with closest back & lay odds.
  • To stick to this theory, selecting the bookmaker that provides you with decent (competitive) odds is a wise starting point.
  • Also select the matches of short odds which reduce your lay stake liability. This is critically important since the lay amount increases exponentially in laying accumulators. Matched betting newbies tend to struggle with cash flow constraint in exchange. Don’t worry, there are solutions, take a look at How To Minimize Exchange Lay Betting Commission & Liability For Matched Betting;How To Minimize Exchange Lay Betting Commission & Liability For Matched Betting

Multiple Bet Lay Spreadsheet

We separately prepare the Tutorial for the Lock-In Profit Calculators. We have 3 modes of Spread sheets (these are effectively excellent Lay Accumulator Calculator Guaranteeing Profits) as follows;

  • Basic Mode – Lay Sequentially
  • Lock-In Profit Mode – Lay Against Refund
  • Simultaneous Mode – Lay All At Start (This is the one I briefly explained as an exception )

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;ACCA Insurance Spread Sheet

(This information is “Member Only”. Thus please register by just filling-in your name & email. That’s all, to get Password to access to the document. You can use the password for all the other Member Only pages. All of spreadsheets & tutorials are very valuable tools & instructions.)

Manual Calculation

We also instruct you on how to calculate the ACCA Sequential Lay manually by using the real example of Double Enhanced Price offer without the spreadsheet;Paddy Power Enhanced MultiplesSee the document of How To Lock-In Footy Accumulator Profits with Customized Calculator – Enhanced Multiples / Footy Accumulator – No Exchange Market section. It will also help you understand how the mathematical logic behind this sequential lay works.

Paid Software

On the other hand, if you’re seeking premium matched betting service including sophisticated ACCA software, the below 3 are the current best choices;

Appendix – Potential Earnings From Accumulator Bet Insurance

Finally, let me briefly touch about How Much You Can Make Extra Money from Accumulator Bet Matched Betting. Depending on which approach you take though, if you use Lock-In Profit method, your average profit is conservatively  estimated to be £10 / ACCA. Many bookies allow you to settle ACCA Insurance every day. So, assuming you bet 20 Accumulator / month, you will get £200 reliable extra income every month with just 10 minutes work per day.

You may want to take a look at my post of “How To Lock-In £2,900 Extra Income from William Hill ACCA Insurance";William Hill How To Lock-In Profit

This article gives you better insight on the possible earnings.

Acca Insurance List

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 List Of The Best ACCA Insurance Offers By Key Bookmakers;List Of Best ACCA Insurance Offers By Key BookmakersActually, 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. 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 as well . Please take a look at 3 Methods Of Laying Enhanced Accumulators & Acca Bonus To Lock-In ProfitEnhanced Accumulators, Featured Image

Additional Benefit – Prevent Account Restriction

The another benefit of Accumulator Bet is that Bookmakers like the players who place ACCA Bets. Because it’s their cash cow, Why? Because the ACCA enables to multiply each match’s over-round (it’s a bookmaker’s margin), so more the legs, the more profits of bookie. So, regular Accumulator bet will help you avoid being gubbed – famous nasty bookmakers’ account restriction. BTW, if you keep taking too much value from the bookmakers, you may most likely to be gubbed. Actually, it’s just a matter of time before most of the soft bookies limit your account if you do matched betting without any precautionary actions. So, we have prepared the following 2 guides – One is Before Restriction, The Other One is After Restriction;

We believe the above 2 guides will help you keep exploiting unfair bookies, means will enable you to make money on the side reliably for long-term.  

Hope this guide will help you obtain Extra Income On The Side Successfully and suggest you move on to How To Lock-In Footy Accumulator Profits with Customized Calculator

If you have any inquiry or need any help from us, please contact us anytimeGlobal Extra Money Contact (don’t worry, we will not charge you any fee, everything is free here). Good Luck!! Joshua Walker – Publisher of GEM (Global Extra Money)

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