Everyone has heard of Betfair, right?
And if you have an account with them and actively place bets, surely you have heard about Betfair Acca Edge.
It’s Betfair’s answer to acca insurance, if you’ve not used acca edge or don’t know quite what the benefits of using it on your accumulator bets are, we will tell you all about it. Simply put you take lower overall odds on your bet but get your stake back if the bet loses by one leg.
Betfair Acca Insurance – Acca Edge
A quick offer from Betfair before we start, in case you haven’t got an account already 👍
Join Betfair and claim up to £100 in Free bets – If you haven’t already got an account with Betfair, you will need one if you want to use the Betfair Acca Edge insurance on your bets. You can sign-up for an account by tapping on the link provided directly below.
*New customer offer. Place 5 x €10 or more bets to receive €20 in free bets. Repeat up to 5 times to receive maximum €100 bonus. Min odds 1/2 (1.5). Exchange bets excluded. T&Cs apply.
How Does Betfair Acca Edge Work
Do you already place bets on your mobile using the Betfair app or any other betting app? If you do you’ll understand how frustrating it is when you lose a bet and only one team has let you down.
Well if you start placing accumulator bets with Betfair and apply Acca Edge to your bet, you might end up less frustrated. Because if you place a bet and one team lets you down after applying for Betfair’s acca insurance, you’ll get your initial stake back as cash. It’s worth checking out the odds though to make sure it’s worthwhile using it and to make sure you are not getting a bad deal!
Acca Edge Rules – How To Play
How it works is very simple to understand – Firstly you’ll need to make your selections for the bet, you must include three or more teams in order to be able to apply Acca Edge to your bet. These need to be placed on the sportsbook side of Betfair and not the exchange. It is only available on selected markets and it’s at Betfair’s discretion what these are and when they change.
Once you have made your selections you’ll go to your bet-slip which can be found located at the top right of your device. When you go to place your bet you will notice at the bottom of your selections there is a section that says Betfair Acca Edge.
When you look closely if you were to apply the acca insurance to your bet, you’ll see that the odds are slightly reduced when compared to the original odds. This is where you need to work out if it is worthwhile for your bet.
Once you tap “apply Acca Edge” you will see the odds change in your betslip to the ones shown.
In our opinion, if you have 1 team that you think may let the bet down it may be better to just take that team out and get slightly better odds (potentially). The more selections you add the less drastic the odds changes are.
However, what you have to take into account is, if one team lets you down you get your money back as CASH.
This is a really important thing as most acca insurance offer pay you back in free bets, then if you use a free bet you don’t get the acca insurance. Betfair is the only betting app where you get the stake back as cash for this type of offer.
You might take a hit on the initial odds, but at least you know you’ll still get your stake back. You can re-bet your stake or withdraw it as it’s classed as cash in your account.
Although we have used football as an example here, you can apply Acca Edge to any accumulator bet as long as you have made three or more selections. We found the following sports were available when writing this review*
- Football bets, from a range of markets, not just the 1X2.
- Tennis betting markets
- Horse racing bets (not each way – see below)
Betfair each way edge
As mentioned above the standard Acca edge does not apply to each way bets, but there is another option for racing fans – Each Way Edge.
How each way edge works –
- Select your horse and then head to the betslip where it will display a logo if each way edge is available.
- Tick each way box and use the + or – symbols to change the number of places (There are maximum and minimum limits in place depending on the size of the field)
- Once you’re happy with the odds then hit place bet.
Were looking at Forza Milan who is 22/1 to win this race. You’ll see below the current market is set to 3 places at 1/5 odds.
We can now use the plus and minus symbol to change the places and the odds. Here we go down to playing just 2 places and the win odds move up to 33/1 – which is great if you think the horse is going to win or be very close.
Now we move it to the maximum of 5 places and the odds drop considerably to 17/2. This is because there’s more chance of getting a win. This means if the horse does go on to win we’d get a much smaller return but more of a return on the places. In this example, if it placed and we’d had £5 each way we’d have made a £3.50 profit – which is hardly worth the risk.
It’s always worth checking bets in a bet calculator app to make sure you are happy with the risk v return.
If you are looking for a betting app the provides acca insurance to its customers Betfair comes highly recommended. Give the Betfair Acca Edge a try today and let’s get rid of the one team letting you down blues.