When you lay a bet at the Betfair Exchange, you’re betting against an outcome. By utilizing this bet-type on football markets, bettors have two outcomes supporting their bet – draws and losses.
This is in contrast to the standard Win-Only market found on sportsbooks, where you may only bet on the overall winner of a particular event.
The Betfair Exchange offers a vast market boasting a variety of the most popular sporting action from all over the world. However, bettors cannot make accumulators on the Exchange as of yet.
This means that it’s not currently possible to lay an accumulator on Betfair. That said, there are methods that bettors can use via the Exchange to improve accumulators wagered on Betfair’s Sportsbook.
Read on to find out how to lay off accumulator bets at the Betfair Exchange.
How To Lay An Accumulator On Betfair – Hedged Bets
Unless the Betfair Exchange offers pre-set Special Accumulators during the weekend, placing accas on the site simply isn’t allowed. When you try to view Multiples on the Betfair Exchange, the site promptly alerts you to the fact that the sportsbook is the only place to set up these types of bets.
Instead of placing accumulators on the Betfair Exchange, you can use the Exchange to hedge your bets. To hedge your bet is to protect against a loss – and with accumulators it can be incredibly easy to lose.
That’s where the lay bet on the Betfair Exchange comes in. See an example of how to lay multiples on Betfair and protect against potential losses (or even make a profit) below:
How To Lay A Multiple On Betfair
Let’s say you’ve placed an accumulator on Betfair’s Sportsbook with four teams all to win in the Premier League. The odds upon confirming the wager stood at 20/1, with £200 in profit on the table if each side comes out on top in their games.
The four teams in question are Everton, Chelsea, West Ham and Manchester United. With each game coming to a close in the next few minutes, both Everton and Manchester United are winnings their games comfortably.
West Ham and Chelsea are both 1-0 up. On the Betfair Exchange, the two London clubs trade for 1.4. In this instance, you decide to lay both teams for £10 each with your liability at £8 overall.
With the current odds and Betfair’s standard market rate commission at 5%, you’d make £9.50 profit per game if both sides concede an equalizer or lose.
Chelsea are hit by a red card and end up losing while West Ham concede in the dying embers of the affair. Thus, your accumulator is ruined. However, with both Chelsea and West Ham failing to see out their victories, you’ve won £19 through the pair of lay bets.
Considering your stake on the accumulator was £10 and you’ve now won £19 on the Exchange, that adds up to a profit of £9.
How To Lay a Treble On Betfair
Trebles on Betfair come under the same umbrella as Multiples. Therefore, bettors can’t place them on the Betfair Exchange.
You can, however, utilize the method outlined above to hedge your bets and protect against losses from trebles. It’s not just trebles that can be hedged against either, because how to lay a double on Betfair works in exactly the same way.
For example, imagine that you placed a double on the Betfair Sportsbook. In this bet, you’ve wagered on Liverpool and Tottenham to win their respective fixtures.
If you feel that one or both teams will fall short of your expectations, you can head to the Betfair Exchange and attempt to cut your losses or even earn a profit by placing a lay bet on either side.
It should be noted that from time to time, Betfair may upload Special Multiples to the Exchange. Such multiples cannot be personalized by bettors and must be wagered as they are.