How Parlay/Accumulator Betting Works
Learn how accumulator or parlay betting works at Housebets, as well as tips and strategies on how to win a parlay.
Learn how accumulator or parlay betting works at Housebets, as well as tips and strategies on how to win a parlay.
There are a lot of different strategies to land that huge win in online sportsbook betting platforms like Housebets.
It just depends on what the player wants and the staking power of such a player.
For example, there are some players who only bet on moneyline markets and will not bet on more than one team.
These players have a large staking power and would likely put a huge sum of money on a game to get a big return.
However, while these players have their strategy, not many players can follow this route because they have no large staking power.
But that does not mean players with little staking power cannot land huge returns on a bet. Yes, they can, but their strategy is different.
For players with little staking power, they prefer to play accumulator or parlay as it is called in some parts of the world.
What is an Accumulator or a Parlay?
An accumulator or parlay is a term used when a player places multiple bets on a single betting slip.
It is sometimes called acca, multis or parlay depending on the sportsbook. For a bet to be an accumulator, it must have at least two bets on a single slip.
Although there is no limit to the maximum number of bets that can be on a single slip in an accumulator, a player may not be allowed to select past a particular number depending on the maximum payout offered by the sportsbook.
How Do I Win a Parlay or Accumulator?
For your accumulator to be a winning bet, all your bets on a single slip need to play out exactly the way you selected them.
For example, if you bet on Liverpool to beat Manchester City, Manchester United to play a draw against Arsenal and Chelsea to score over 2.5 goals against Tottenham Hotspur on a single slip, the three outcomes need to play out for you to win the bet.
This means that if one of the outcomes does not happen, you will lose the bet irrespective of what happens in the other game.
For you to win the bet, Liverpool have to beat Man City, Man Utd have to play a draw against Arsenal and Chelsea must score at least three goals against Spurs.
This rule applies to all acca tickets irrespective of the number of games on that single slip.
How Do I calculate Accumulator or Parlay potential winnings?
Calculating your potential win when you play an acca is quite easy. All you need to multiply each odd for every single bet and multiply the total by your stake.
For example: If Liverpool to beat Man City is 1.89, Man Utd’s game against Arsenal to end in a draw is 3.45 and Chelsea to score over 2.5 goals against Spurs is 2.45, all you need to do is multiply these odds and multiply the total by your stake, which is 10 euros
Meaning, 1.89 X 3.45 X 2.45 = 15.97 X 10 euros.
This means you will win at least 159 euros plus the potential bonus the sportsbook adds if all the outcomes play out.
Benefits of Accumulator or Parlay
Higher Returns: An accumulated bet allows a player to earn potential massive returns with a small stake.
Because the odds are multiplied together, it increases the odds value, thereby increasing the potential return.
Flexibility: Accumulator allows a player to be flexible when making his picks. You can combine different sports and different markets on a single betting slip.
Disadvantage of Accumulator Betting
High Risk: Given you need all outcomes to play out, accumulator betting has a higher risk. If one of the picks fails to play out as expected, you will lose the bet.
Unrealistic: Accumulator betting can also make a player unrealistic with his betting goals.
While there is no issue in chasing millions, the likelihood of that happening by playing accumulator bets is actually low.
Do Housebets Have the Accumulator option?
Yes, Housebets have that option, although it is called the combo option. You can combine as many bets as possible from different markets and different sports on a single slip.
How do I deposit to fund my Acca bets at Housebets?
It’s easy and simple as long as you follow the simple steps below:
- Go to Housebets.com
- Log into your account or sign up if you don't have an account
- Click on Wallet
- Click on Deposit
- Click here to view and select your preferred Cryptocurrency
- Choose your preferred Cryptocurrency and network
- Copy the Wallet address or scan the QR code and transfer from your wallet.
- Coins will be deposited automatically after 6 network confirmations.
Why should you choose housebets?
Housebets has some of the best offers on the site and amazing bonuses including, a 200% welcome bonus and a chance to pre-mine $1M of tokens. Also, you get to enjoy easy transactions. You can deposit into your account with any preferred currency of your choice with a fast payout option on winnings.
There is a wide range of casino games to choose from. In the sportsbook section, you can also bet on live events, tennis, American Football, Soccer, Basketball, and other sports.