An accumulator bet works by linking multiple individual bets together into one combined bet. The odds of each selection are multiplied by the next, which increases the potential payout, but the risk is higher since all selections must be correct for the bet to win. If even one selection loses, the entire accumulator bet is lost. Accumulator bets are popular in sports betting where bettors pick multiple outcomes in one or more events.
Accumulator Example
For example, a bettor places an accumulator bet on three football matches: Team A to win, Team B to draw, and Team C to win. If all three results occur, the bettor wins the accumulator bet and earns a higher payout than if they had bet on each match individually. However, if any of the selections lose, the whole bet is lost.