Accumulator Training – 2 Leg Mug
*** Note – check out our Profit Accumulator review as they have specific accumulator software to help you make even more money from matched betting ***
You’ve probably heard us mention accumulators (ACCAs) a few times now. They can be a huge revenue stream when it comes to your matched betting income. On this basis, they must be taken seriously. The earnings from ACCA bets alone can easily amount to £1,000 per month.
First of all, let us briefly explain exactly what an accumulator bet actually is. An accumulator is a bet that involves a selection of two or more events (or legs) for them all to win. If an ACCA was placed on five events but only four of the events won, the winnings would be nil. All of the events need to win for the ACCA bet to win at the bookmaker.
The way matched bettors profit from ACCAs is by taking advantage of the bookmaker accumulator refunds to entice gamblers to take a punt on ACCAs. The majority of these promotions offer a refund if just one of the events fail. So in our example above, if we placed a £50 bet on an ACCA with five legs, but only four legs won, the bookmaker would refund our £50 as a free bet. Don’t worry too much about this yet, we shall cover this in more detail further in week 4. For now, we shall place a two legged mug ACCA bet.
Placing and laying an ACCA Mug Bet – Accumulator Training
The first ACCA bet in our accumulator training will generate a small loss depending on what odds you have selected. This ACCA will also not be tied to a refund so we will have to accept the loss. The reason for this is because the majority of ACCA refund bonuses only apply if certain conditions are met. Usually the number of legs need to be at least 5-6. And so for the purpose of keeping the accumulator training simple, accept a small loss. The bookmaker will value this bet as it will be treated as a mug bet. This will also prepare your account to take advantage of the regular ACCA refunds at a later point.
We have attached a spreadsheet below that will help you with your ACCA bets, this is a simplified version of the full ACCA spreadsheet that you will use later and some areas have been hidden. The most important information to know is that the yellow cells are for you to complete, everything else is automatically calculated for you.
When it comes to betting on ACCAs, the number 1 rule is that the matches must be placed at different times, with at least 3 hours between each event. This allows us to lay off each leg of the ACCA depending on what happened with the previous leg. If we picked matches at the same time, it is not possible to lay off an ACCA with an exchange. This again will become clearer over time.
In the spreadsheet attached, you will find two sheets. The “Week 3 Training” tab is the worksheet you will use. The “Example” tab is used to explain an example below.
First things first, we will choose William Hill to place an ACCA with. Open up the oddsmatching software, select William Hill and filter the odds for less than 2.0 and find two good matching events that are more than three hours apart. In our case we had found two football games:
- Hull v Sheffield Wednesday – Hull to back at 1.80 and 1.82 to lay off at the exchange
- Barcelona v Sevilla – Barcelona to back at 1.20 and 1.21 to lay off at the exchange
We then enter the events into our spreadsheet, together with a back stake of £25. In your case you can change your back stake, but keep it low between £20-£30
- The date
- The time
- What event it is
- Who we are backing with the bookmaker
- The back odds
- The lay odds
- The lay commission
Once these have been entered, the sheet will calculate your loss on this ACCA, in our case this is £1.26. I would advise you not to accept a loss more than £2.00 on this particular ACCA. Finally, make sure that you have enough liability in your exchange to cover the ACCA if it wins (shown in the spreadsheet as “Liability Needed”).
Placing the Accumulator Bet
The next step of your accumulator training is to then place the ACCA. Log in to William Hill, find the first event and click on the result that are you backing. This will then appear in your bet slip as normal but DON’T place your bet yet. Next, find the second event in William Hill and again click on the result that you are backing. Now you will notice that the bet slip is displayed differently, with a section below for “Accumulators / Multiples.” We then need to place our back stake on the double. The back odds of the double should be the same back odds on your spreadsheet. Enter the back stake in the double section, then place the bet.
Laying off the First Leg
Next, we need to lay off the first leg of the ACCA, in our case this is Hull to beat Sheffield Wednesday. Our spreadsheet will tell you what your recommended lay stake is. Open up your exchange and find your first event. It is not uncommon for lay odds to change during accumulators as they often run over a number of days, if you find the odds have changed, update the lay odds on your spreadsheet, then the spreadsheet will update itself with what the new recommended lay stake should be, the profit/loss will change slightly but this is normal. Once you have agreed the lay stake with your spreadsheet, lay off the first leg using the recommended lay stake, and enter your lay stake in the actual lay stake column.
We now need to wait to see what happens with the first leg. In our case, our first leg had won (i.e. Hull had beaten Sheffield Wednesday), we should now enter “W” in the result column. If you first leg had lost, your ACCA is now “dead” you do not need to lay off the second leg and this ACCA is over. If, for example, in our case Hull did not win, we would have lost £25 with William Hill, but won £23.74 in the exchange, the loss being £1.26 (£25.00 – £23.74). As our first leg actually won and now having placed “W” in the result column. It is now time to lay off the second leg of the ACCA which is Barcelona v Sevilla. First we must load up our exchange and confirm the lay odds are the same. Update your spreadsheet with the new exchange odds for the second leg if they have changed. Finally lay off the second leg using the recommended lay stake. It is now time again to wait for the result to come in.
Laying off the Second Leg
Either two things will happen:
- your second leg will win which means the ACCA has won (increasing your balance at William Hill, but decreasing your balance at the exchange)
- Or the second leg has not won, which means that you have lost your back stake at the bookmakers, but won at the exchange
The net loss between William Hill and the Exchange will be equal to the loss shown in the spreadsheet. No matter what happens with the ACCA, as long as you lay off the recommended lay stake, your effective profit/loss will be as shown in the spreadsheet.
In our example, both Hull and Barcelona won, so our ACCA won with William Hill. Our winnings at William Hill were £29.00, but we lost £30.27 (£20.49 + £9.78) at the exchange. This means that this mug ACCA bet lost us £1.27. Again as detailed on the spreadsheet
For our example, we have copied the sheet three times to show you ALL possible outcomes of this two legged accumulator, these should be used for your reference.
Accumulator Training Summary
Hopefully your first taste of accumulators hasn’t gone too bad! If it seemed complicated DO NOT PANIC! Our team of professionals were all scratching our heads once upon a time when we were first introduced to this particular method of match betting. The best advice we can give however, is to give it practice, practice makes perfect. The above example was for William Hill, but we would definitely recommend trying another two or three ACCAs with bookies such as Paddy Power, Ladbrokes and Coral. The more accumulators you do, the easier it will become. Also with more accumulator training later, this will become easier.
When you’ve completed the accumulator training in week 4, we hope you will be in a position to hit the bookmakers hard with ACCA refunds. Without going into too much detail, it takes on average about 15 minutes to find an ACCA with a bookmaker (that meets their requirements), and on average these can profit about £5 each. Just doing seven of these particular ACCA offers every day will bring in about £35 profit on average, equalling £1,000 per month. That’s £1,000 per month for just two hours work each day. This is in addition to the other regular refunds bookmakers supply on a day by day basis.