Accumulator (ACCA) Insurance Guide

What is accumulator (ACCA) insurance?

In the field of sports betting, punters always look for lucrative deals to maximise their profit. One way to do this is by placing accumulator bets that will improve the odds. An accumulator bet is a combination of several bets called "legs". If you place a single bet, you will have a slim chance of winning but when you combine several bets together, things get profitable. As the saying goes, with great profit comes great risk, accumulator bets although profitable also carries significant risk. If you lose even a single leg, the entire accumulator bet is lost. Because of this risk factor, many punters avoid placing accumulator bets. But the betting sites love accumulator bets because more number of bets means more chances to lose and ultimately higher profits.

Many betting sites in the UK have started a new way to entice punters in placing accumulator bets by providing them with insurance on such bets. Accumulator (ACCA) insurance is a great tool for these gamblers to protect and get some part of their stake back even if one of their team lost. The returns through accumulator (ACCA) insurance are usually in the form of bonuses, free bets, or cash depending on the betting sites. This new tool has made accumulator bets very popular among punters. It is a win-win situation for both the punter and the betting site. It keeps the punter engaged in betting as it allows him to reinvest and keep placing bets. The more they place bets more will be the profit to the betting sites.

How does Accumulator (ACCA) Insurance work?

Accumulator (ACCA) insurance comes with terms and conditions to prevent any misuse. These terms and conditions restrict the numbers of bets as well as their types. So, accumulator (ACCA) insurance restricts the number of options available to a punter regarding bets. These terms and conditions vary from one company to another. There are also several common criteria under which these betting sites provide accumulator (ACCA) insurance. The three most common criteria include the number of bets that can be placed, types of bets, and the fund limit.

Most betting sites usually allow accumulator (ACCA) insurance on bets placed in the games related to popular sports. The reason for this mainly is that popular sports conduct several games at a given time. This maximises the betting option for punters. Second, popular sports are the main focus of sports analysts. These analysts provide accurate information regarding the games that help punters to make better choices and avoid any miscalculation.

The minimum number of bets allowed for availing accumulator (ACCA) insurance is usually five. The nature of these bets is usually less complex such as the match result or the score. Complicated bets are usually excluded from these. If the betting site provides cash return through accumulator (ACCA) insurance, they try to keep it as low as possible.

Top 5 Bookies Offering Accumulator Insurance

a) William Hill

William Hill provides insurance on accumulators with a minimum of five bets. It also provides up to 70 sports where punters can place these bets. This many sports option with accumulator (Acca) insurance is a unique feature of William Hill. Punters can place all their accumulator bets either in one sport or several sports. The bets can be placed on either match results or the score prediction. The only condition regarding bets is that they should have minimum odds of at least 1/5. In case one of the legs is lost, punters can get a maximum refund of up to 20 Pounds in form of free bets per day. These free bets expire in the next 30 days.

b) Ladbrokes

Ladbrokes provides a 5 bet ACCA insurance in all football leagues. It is a popular choice among football punters around the world. There are various types of bet options available on the Ladbrokes platform on which punters can get accumulator (Acca) insurance. These bets include the match result, total score or score of either team, exact score over/under, and a combination of match result and team score. The Ladbrokes sets a condition that the combined odds of the accumulator should be 3/1. The individual bet should have minimum odds of 1/10. According to Ladbrokes, the insurance is applicable to accumulators with at least 5 bets. In case one of the legs is lost, punters can get a maximum refund of 25 Pounds in the form of free bets per day.

c) Betfred

Betfred ACCA insurance is applicable to an accumulator with at least five teams in football. Apart from football, this option is available for a range of American sports. Only bets that are related to the match result are allowed. Each bet placed should have minimum odds of 1/3. In case one of the legs is lost, punters can receive a maximum refund of 10 Pounds per day in the form of free bets. All settlements are done within a period of 24 hrs.

d) Paddy Power

Paddy Power provides insurance on accumulators with at least 4 bets. This option is available for all types of sports and markets except horse racing. A unique feature of Paddy Power is that it provides special coupons for accumulator insurance. These coupons have all the necessary information regarding eligible games so that you don't have to waste your time. Each leg in the accumulator should have minimum odds of 1/5. In case one of the legs is lost, punters can get a maximum refund of 10 Pounds in the form of free bets. These free bets can be redeemed in the next 7 days.

e) Coral

Coral provides Accumulator insurance on an accumulator set of at least 5 bets. This offer is available only for football matches. The bets can only be placed regarding match results. Each bet should have minimum odds of 1/9. The combined odds of the accumulator should be at least 3/1. In case of loss, punters can receive a maximum refund of 25 Pounds in the form of free bets. These free bets are valid for the next 4 days.

What Sports are Accumulator (ACCA) Insurance Offers Available On?

ACCA insurance is available for a range of sports. It is widely offered in all the major football leagues of the world. Today, various betting sites have their own list of sports where they offer ACCA insurance. Some important sports for which accumulator insurance option is available in the UK include football, Cricket, Basketball, Rugby, Baseball, Hockey, etc. Tennis is one of the most popular betting sports in the UK. It also has the option of accumulator insurance.

How to Claim an ACCA Insurance offer

To claim ACCA insurance a person has to place an accumulator bet with real money. You can choose the size of the accumulator based on the betting site you are using. If you are new to betting, it is recommended not to make the size of the accumulator too large as it will invite greater risk. Once you place a bet based on the terms and conditions of the betting site, it's time to wait for the outcome of the match.

If all the bets of the accumulator win then you'll take the winning. In this case, there will be no refund. If you lose one of the bets from your accumulator then your accumulator becomes eligible for insurance. In this case, you'll receive a refund directly in your betting account. The refund policy of accumulator insurance varies from one betting site to another. The most common form of refund is free bets but some betting sites also offer cash. If you lose more than one bet from your accumulator then you will not be eligible for the insurance. This will be complete for the punter.

ACCA insurance FAQs

1) Can I use multiple insurances of bets?

No. There is a limit of only one insurance per accumulator. Also, betting companies put limits on the number of Accumulator insurance a punter can purchase in a single day. This limit is also extended to the settlement period of the insurance.

2) Do all betting sites provide ACCA insurance?

Well most of them do. All the top betting sites in the UK provide accumulator insurance. The only difference that arises among various betting sites is the number of sports for which it is offered.

3) What is the minimum deposit required for accumulator insurance?

Yes. Different betting sites have different minimum deposit requirement that needs to be fulfilled to make an accumulator bet eligible for insurance.

4) Can a single insurance policy cover multiple accumulators?

No. One insurance policy covers only one accumulator. You need to purchase separate insurance for a new accumulator. Some betting sites put restrictions on the number of insurance a punter can purchase in a day.

5) How can I use ACCA insurance effectively?

To make the best out of the ACCA insurance policy, one must place their bets wisely. A higher number of bets means higher risk. Remember, if you lose more than one bet, you will lose the accumulator insurance.