Taking Cash Out on Accas

  • I’ve signed up with Betway to take advantage of their New Customer Offer and placed a £30 qualifying bet on a 3-way football acca at odds of 4.6/5.4 (back/lay) using the Money Back if Bet Loses calculator, which suggests I’ll make around £14 overall. (That’s not great, but I don’t subscribe to any services that might have found a closer odds match, and I wanted to go with high-profile games for my initial bet).

    Now the first leg of the acca has won, and Betway are offering me a cashout value of £55 (which includes my £30 stake). I can’t work out whether there is any way to earn more profit by taking the offer.

    The liability at the exchange is £94, based on a stake of just over £21, so if I simply take the cash out I could be the best part of £70 out of pocket if the other two legs win, although I’d make a total profit of £46 if one of the legs loses.

    Is it a general rule that cashing out matched bets is a bad idea?

  • New to matched betting?

    My Matched Betting Academy is the best place to get started. Learning the fundamentals takes 10-15 minutes and you’ll make £15 in the process.

    Learning the fundamentals takes 10-15 minutes and you’ll make £15 in the process.

    Matt
    Keymaster
    1489

    Hi @neil-s,

    If you know you stand to either win £46 or lose £70, you can use the difference between the two (£116) to calculate whether or not it’s worth cashing out.

    I don’t know what the back odds would have been for the remaining two teams to win, but let’s say they were 3.00.

    You divide £116 by 3.00 to get a back stake of £38.67. That locks in a profit of just over £7 no matter the outcome, so a fair bit short of the £14 you’ve already locked in.

    It’s usually best not to cash out and let your bets run.

    I hope that helps.

    +1
    Carloshalpinos 0

    Hello does anyone know how i can lay my last result from an acca? As in i have a 5 team acca 4 have won so odds on acca are 15.0 last leg of acca is 1.22 which is Argentina to beat Australia. What info do i put in the calculator please? As in back and lay? Am i laying Argentina or Australia?

    +0
    Matt
    Keymaster
    1489

    Hi @carloshalpinos,

    For future reference, if you want to lay the last leg of an accumulator where all other legs have won, you simply enter the accumulator odds as your ‘back’ odds and the ‘lay’ odds for the final selection.

    For example, using your odds above, if you staked £10 on your acca, the calculator tells you to lay £122.95 on Argentina for a minimum profit of £112.95.

    I hope that helps.

    +0
Viewing 3 replies - 1 through 3 (of 3 total)

You must be logged in to reply to this topic.