In this article we are going to discuss a common dilemma, with which probably every single bettor has faced, when wandering what is the most appropriate way to bet.
Some bettors are going to be trying to convince you, that single bets won’t take you anywhere, and that the only way towards a betting fortune is accumulator, or parlay/the American term/ betting. Others will be very sure that multi-betting is for gamblers, and not suitable to the sports-bettor needs, which are gradually building your betting bankroll while preserving your capital.
We must admit that we do not particularly agree or neither disagree with any of those understandings about betting. We believe that both of them have a space under the sun for any bettor, and neither of them should be disregarded completely. They just have to be done the right way, which we believe is in the middle of both of them/like many other things in life/.
Let’s presume that you are a serious sports investor, who takes a good care of his capital, and who believes that betting multiples is just taking unnecessary risk. He prefers to stick to his achieved average strike rate, believing he has got the edge over the house this way. Let’s just for the sake of this example that he has come up to the point when he is having about 75% strike rate on selections with average odds of 2.0, which should be outstanding achievement and reward, because of his profound knowledge, experience and smart betting systems. So all in all such a bettor could expect to win 7-8 times out of 10 times, betting on singles, again with the average odds of 2.0. This bettor probably achieves 5 wins in a row many times throughout the year, thus, making a good money out of his selections. But what about betting on 5-fold accumulators every now and then throughout the year. You should have already presumed that with his selection skills he should have won many of his 5-folds if on average he doesn’t go over his odds of 2.0, and such a presumption will be quite right as a matter of fact. The only big difference in terms of returns will be the profit from betting on 5 singles and betting on 1 5-fold accumulator, which can be quite big. If we suppose that he usually uses 100 pounds stakes for his singles, 5 successful of them would have brought him roughly 500 pounds in pure profit. What happens though if he puts his 100 pounds to roll-over on a 5-fold accumulator-and as in the case with the singles- all of them successful at the average odds of 2.0 Then his profit would have gone to 3,100 pounds. Can you see the difference now? And of course not always, but under the pinpointed conditions, with his betting skill he should be able to do this many times in a year, thus increasing his bankroll drastically.
“But what will happen if only one of his selections lets him down- he loses his whole stake of 100 Pounds?”- you may well say. There is an important point to be made here, about betting on accumulators policy a lot of bookmakers have now, considering their full cash-backs if only one selection of your accumulator let’s you down. In this case even if our bettor is right 4 out 5 times, he will still get his original stake back. There are a lot of such offers in various bookmakers, and you just have to do a little search in order to find one.
So having the betting skills of “our” bettor we must say that such offers are well worth taking advantage of and you , even as a sports investor should consider trying them and giving them a place in your investment tactics.
What could we have on the other hand though- the “lucky” bettor, who believes, that a big win is always around the corner, and will put his money on a 10-fold accumulator, with the average odds of 10.0 for example. Now such wins just do not happen often we must admit. Here every “lucky” bettor, apart from a superior set of betting skills, should certainly need a great deal of luck. All in all the likely-hood of all those selections, having average odds of 10,0, to be successful is really slim, and one should be happy to achieve a win of this type once in his lifetime. Because a bet of the same amount as our previous bettor will bring him over a billion pounds. BTW this is the way the biggest betting wins in history have been achieved, as you can familiarize yourself with them in our article, called ”Big betting wins”. Most of them have been achieved by putting some crazy accumulator bet of 50 pence, which brings to the lucky winner 2,500,000 pounds profit. So who knows, maybe every once in a while it is worth trying your ultimate luck by throwing such a wild bet with a bookmaker. But speaking of profiting from betting on an investment basis, such bets are simply not justified.
What we believe here, the key to being successful with accumulator bets is moderation- moderate frequency of betting in this manner, moderate amount of selections at moderate odds.
This way accumulator betting is well worth trying, especially if taking advantage of some good bookmaker’s cash- back offer.