Acca Insurance on Football Accumulator Bets
How many times have you optimistically placed a 6-fold football accumulator only to be let down by one result?.
Probably more times than you can count.
Not only are you disappointed to lose out on your potential winnings and your initial stake, but it’s a bitter pill to swallow when your bet is voided due to a last-minute goal by relegation minnows who didn’t have a chance!.
Or even worse, your arch enemies.
Fortunately, acca insurance is a sure-fire way to make sure you don’t lose your initial stake when you miss out by one game on your next football accumulator bet.
Bookmakers have introduced acca insurance to encourage football accumulator betters to make riskier bets, but they provide extra security to your bet and are well worth using.
What is Acca betting?
Firstly, it’s important to understand what exactly acca betting is.
Acca is short for ‘accumulator’. This term is commonly used by football fans who place bets on multiple match outcomes (4 and more).
When you make an acca bet, the odds from each bet are multiplied, giving you much larger total odds for your overall accumulator.
Someone could potentially win millions by betting a small stake on a large range of results (around 15 or more matches) although the odds of this bet coming in would be rather slim.
This is a great way for football fans to reap high rewards with little risk. This also favours bookmakers as there is more opportunity for someone’s bet to not come in.
What is Acca Insurance?
Similar to different types of insurance schemes, acca insurance provides protection if ‘something goes wrong’.
Acca insurance ensures that your initial stake on an accumulator is protected if you miss out by one result.
We all know how devastating it is to lose out on a huge accumulator by one result. Acca insurance softens that blow by returning your initial bet if you miss out by one game, allowing you to have take another stab at an acca or totally different bet.
This insurance is offered by a number of popular bookmakers including Paddy Power, William Hill, Ladbrokes, Bet Victor and Coral.
Bookmakers offer acca insurance to encourage pundits to make riskier bets with higher initial stakes.
Each bookmaker will have different terms and conditions that apply to their acca insurance, however, typically they require a football accumulator with at least 5 different matches, and refund up to a maximum of around £20.
Here’s an example of how acca insurance could work…
A punter places a £10 bet on a 6-fold accumulator with odds of 98/1 (potentially big money!).
All of their results have come in and they’re excited to win but there’s one game yet to play. The punter has bet that the home team will win the remaining game.
The game kicks off and the home team go 1-0 up. It’s then the last minute of the game and the punter thinks he’s going to walk away with £980.
However, in the dying embers of the game, the away team steal a goal, rendering the whole bet void.
The pundit of course walks away very disappointed but with acca insurance, he gets his £10 stake back because he only lost his accumulator by 1 game.
Although he’s potentially lost out on £980 because of that goal, he will at least get his initial stake back to use on another bet.
In another example, if you bet on six matches, and you incorrectly predict the first game of the weekend – all is not lost.
The remaining five matches could go your way and you can keep hold on to your money.
What are the benefits of Acca Insurance?
Acca insurance gives you a lifeline if one of your results doesn’t come in.
Banking on 5 or more games to come in is a huge enough bet as it is, but when you’re given an insurance policy that allows one of those games to go wrong, that’s a huge bonus!.
By doing so, you can perhaps place bets that are a little riskier than you usually would knowing that you’ll get your bet back if you only lose by one game.
This insurance offered by bookmakers gives you a margin of error to work with which will work in your favour.
For example, you could put together a 5+ acca in which 4 of the games are low odds, because they’re regarded as obvious wins (e.g Barcelona beating Sporting Gjion at 1/7), and then place one bet with larger odds (perhaps Huddersfield to beat Man City at 20/1).
By doing so, you’re giving yourself leigh way with the acca to lose out on one result that is a long shot whilst boosting your overall odds.
What should you be aware of with Acca Insurance?
In general, acca insurance provides footy pundits with an extra sense of security when placing their accumulators.
However, you should be aware of the terms and conditions when placing your bets with different bookmakers.
Bookies do not all offer the same ‘insurance policies’. They all differ based on the number of bets being placed on your accumulator, the initial stake amount and the odds on your bet.
For example, Ladbrokes will allow acca insurance on accumulators with bets on all football leagues across the world, whereas Paddy Power will only allow insurance with bets on ‘big leagues’.
Another key difference is the amount you can bet and have refunded back into your account.
BetVictor will allow bets up to £10 to be refunded with acca insurance whereas Paddy Power are much more lenient with a maximum refund of £20.
Some bookmakers such as Paddy Power are now opening up acca insurance to all sports whereas previously acca insurance was only valid for football accumulator bets.