With Euro 2016 in full flow, it’s the perfect opportunity to look at how to win money from football betting by using accumulators as the main method. Unfortunately, there is no magic formula for winning or at least I’ve never found it in the few years that I’ve been betting, but I will try to help with the tips detailed below which have helped me in my betting.
If you’re unfamiliar with what accumulators are then look no further, accumulators are basically a bet which has more than one prediction on it with the reasoning behind this being that the odds are higher. Therefore, the amount of money that can be won from the bet is higher because there is less chance of the bet winning due to the reliance on multiple results rather than a singular result.
The majority of accumulators are put on match result markets, so basically either who is going to win the match or whether it is going to be a draw, but there is also some other markets in which accumulators can be put on such as both teams to score. However, this is a lot less common.
This is important with any sports betting if you’re serious about making money, but analysing the forms of teams as well as common trends in football is important in the decision making over whether to bet on teams. It’s common to hear people say that they had a feeling certain teams would win when they win a large amount, but these people often lose more than they win, and at the end of the day people never say each time they lose.
Research influences decision making in a positive way because it provides the information that is needed to make a rational decision which therefore increases the chance of a bet succeeding. Even simple research can reveal startling facts such as Sevilla’s inability to win away from home in La Liga last season, and Atletico Madrid’s six match unbeaten run against Real Madrid in the league over the past few seasons.
Try not to assume too much without research as well because going in to Euro 2016 Germany look a lot better than Italy due to the quality of the team and due to them being world champions, but looking at their history reveals that Germany have never beaten Italy at a competitive international tournament which is quite surprising, and shows how prior research can be vital. This shows how simple fact finding can be your greatest ally at times as well as why research should be the first thing you do if you’re serious about making money from betting rather than just doing it as a fun hobby.
It can be easy to add a few heavy favourites to an accumulator in the belief that it will increase the value of the bet with minimal risk attached, and at the end of the day we’re all guilty of doing that at some point. However, this can easily be the undoing of many accumulators because the odds of heavy favourites are actually a lot lower than they should be, and this makes them look a lot more secure they are.
Teams like Bayern Munich, Real Madrid and Barcelona often have odds ranging from 1/4 to 1/20 due to their dominance of their respective leagues, but these should be avoided because they add little value to an accumulator even if it is a longshot before you add them. It is better to have three or four teams at around 1/1 odds than eight or ten teams that have roughly 1/5 odds because the accumulator is worth more. It’s unlikely that every heavy favourite that day will avoid a slip up, and even if the bet does come in the amount won will be low.
To sum up, heavy favourites are never worth their value, so they are too risky to put in an accumulator. In matches where the match result odds are low for the favourite, it is better to bet on specials for the match such as goalscorers and booking points or it is a good idea to just avoid betting on the matches altogether.
This is similar to the point made above because the value of accumulators can often seem low, so it is easy to become convinced that the bet needs another pick to increase the value. This can be a bad decision because it leads to matches that you weren’t fully sure of becoming involved in the bet which leads to these often not coming in and letting the accumulator down as a whole.
Sometimes it is best to ignore the need to increase the value of a bet if it is already at a reasonable value because the risk attached to the added selections is not worth it. If you feel that you really need to add value then the minimum should be done is adequate research on the history and form of the matches and teams involved in your possible selections to ensure that you know as much as possible in terms of information.
This is a hard area to make the right decision on because having too little value is not worth it, but making one bad decision can completely ruin the bet, so always be careful when deciding and research thoroughly.
Hopefully these three tips can help you in your future betting when you’re considering doing accumulators, and hopefully you’ll be able to make money from betting as well as gaining experience the more you bet.
It’s important to note that accumulators are one of the most fun ways of betting due to the amount of money that can be on offer from a long accumulator, but they are also one of the hardest ways to win money. This is because of the sheer amount of luck that is needed regardless of how smart you are with your selections.
One point to have in mind therefore is that sometimes you can have no luck, but don’t let this affect your future decision making. Also, wherever possible try to learn from your mistakes.