Hello friends. In this post I’m explaining why it’s a bad idea 🤬 to make accumulator bets in 2020.
Accumulator bets – Probability of winnings
Let’s count Probability of winning for accumulator (3 events, odds are 1.4, 1.5 and 1.6). It will be (1/1.4)*(1/1.5)*(1/1.6)*100%=29.76%. More events in one accumulator — less probability of winning. That’s why accumulator bets with a lot of events like a lottery ticket.
Ok, let’s include bookmaker margin in our calculations. Overall probability will be even lower, because in each odd bookmaker included its own margin.