An accumulator is a single bet that combines several selections into one wager, where every leg has to win for the bet to pay out and the odds multiply together across all of them.
A £5 four-fold combines selections at 1.80, 1.50, 1.40 and 3.50. The return is £5 x 1.80 x 1.50 x 1.40 x 3.50, which comes to £66.15, a £61.15 profit on a £5 stake. If any one of the four results goes the other way, the whole bet loses and the £5 stake is gone, regardless of how the other three legs finished.
Four selections each with an independent 80 percent chance of winning combine to a 0.8 x 0.8 x 0.8 x 0.8 chance of the accumulator landing, which works out to about 41 percent. Each leg looks safe on its own, but stacking them together turns a set of odds-on favorites into a bet that loses more often than it wins.
A parlay is a compound bet where multiple sports bets together for a chance at a much bigger payday. The original stake and subsequent winnings from each leg are automatically rolled over into the next selection. The total odds are calculated by multiplying the decimal odds of each individual leg. To win, every bet has to be correct if not the whole bet is a loss.
A Same game parlay is a type of wager that allows bettors to combine multiple legs or outcomes from a single sporting event into one ticket. Unlike traditional parlays that require you to pick winners across different games, an SGP lets you bet on correlated events within one game—such as a team winning, a specific player scoring a touchdown, and the total points going "Over."