To sum up what acca insurance actually means, it is where you get your money back if your accumulator bet is unsuccessful due to one result.
There are a few terms and conditions under this act, with the majority of bookies, if they are offering accumulator insurance, which can sometimes be called acca edge, they will give you your money back as a free bet instead of you being able to withdraw that cash. As well as this, that free bet might have to be used up in a certain time period.
There is typically a minimum number of teams that need to be put into your accumulator for you to be entitled to acca insurance. The minimum is usually 5 teams, commonly known as a 5-fold. On the odd occasion you might find that some bookies might let you get away with just having 4 teams in your accumulator but rarely does this happen.
There is also a limit on how much can be refunded, some bookmakers have a maximum refund of up to £25, whereas others can have a maximum of £50.
Acca insurance, or acca edge, is extremely easy to understand. The way it works is you pick 5 teams to win or draw, however you think the result will finish. After placing your bet and choosing the outcome of your 5 teams, you then wait for the action to unfold.
After the results are in, if 3 or less results match the outcomes you put in your accumulator bet, then the bet loses, and you are not entitled to acca insurance. If 4 of the 5 results come through, then your bet has still lost but under the terms of acca insurance, you can claim your refund as a free bet. Then obviously if all 5 teams win in your accumulator then you will receive the full winning amount, which is withdraw-able.
Acca Insurance Example
An example of how acca insurance works is the following:
You have placed a 5-team accumulator, seen below:
Manchester United to Win
Manchester City to Win
Juventus to Draw
Real Madrid to Win
Chelsea to Draw
If the top for results are correct and then Chelsea win but you predicted a draw, then that means 4 of your 5 results were right and your bet loses, however under the terms of acca insurance, you can receive your betting stake back as a free bet.
Bookies That Offer Acca Insurance
There are a lot of bookmakers over on Max Free Bets that offer acca edge to its customers. It is particularly useful for punters that place accumulators constantly. Some of the best bookmakers include:
The maximum refund for acca insurance on this particular bookie is £25. As well as that, there can only be win or draw market selections included.
Similar to Ladbrokes, Betfred say that you have to have a minimum of 5 teams in your selection and the maximum refund is £25.
Betfair follows the same rules, win, draw win markets only.
The markets acca edge applies to here is for win, draw, win & BTTS combinations. The maximum refund you can get is £10 in free bets.
This applies for Football, Horse Racing or Greyhound accumulators. There has to be a minimum of 6 legs all at odds of ½ or longer. This only applies for match or race win markets and the maximum refund is £25.
Along with these acca insurance terms, you can also claim the welcome bonuses and free bets offered by these particular bookies. Acca insurance is extremely valuable to repeat customers who love to place acca’s.
That free bet refund might just be the free bet that wins you more money. If you are still unsure about acca edge and want to give it a try, then start of with a low betting stake and also add favourites to your acca to ensure you are more likely to either win the accumulator or receive you refund in free bets.