matched betting – no lay acca tips and tricks
*FANFARE*
It’s here! The long awaited No Lay Acca Guide!
With a great fixture list on this lovely Tuesday evening, I though I’d go above and beyond for you guys and get it out in time.
To be honest, I don’t think there is much in here that is revolutionary but hopefully it will give most people at least a couple of shortcuts and avoid some mistakes if they’ve never done it before and wanted to give it a crack.
I’m not going to literally do a step-by-step guide on how to do an accumulator because it’s horrendously easy. You just go onto OddsMonkey, select the bookie you want, then pick the matches on the list until you are happy with the odds and selections in there, and then offski to the bookmaker website and put the bet on. I am going to assume you are using the OddsMonkey website for choosing your Accas in this guide, because it is the best Matched Betting Software I’ve found out there. What’s more they don’t charge you extra for the extra features such as this No Lay Acca tool, whereas some of the other ones I’ve seen out there tend to do that. If you use one of the other ones, I am pretty sure the software is very similar and the tips below all still apply, so carry on reading either way! If you haven’t signed up to OddsMonkey yet you can do so here: Sign up to OddsMonkey (<– Referral link, OBVS)
Also, I am only going to focus on the “Acca insurance” type of offers here, which means that if one of the teams in the accumulator let’s you down you get a free bet. So, once your accumulator is settled, there are then 3 different outcomes:
- All teams win: Yay! You make profit
- More than 1 team loses: You lose your whole original stake
- Exactly 1 team loses and the rest win: You get a free bet equivalent to your original stake. Go and place this free bet on a high odds close match (but not an arb. Never an arb 1) say a rating between 92% and 98% with odds of 5/1 or greater, this should get you about 75%+ of your original stake back.
The value in these offers is obviously where you get your money back if only one team loses. If you pick low odds teams then the likelihood of that triggering is actually quite high so you will find yourself effectively being able to place many £20 or £25 Accas while “only risking” about £4 or £5 quid. Obviously some will have 2 or more teams losing, and then you will lose your whole stake, but over time and given enough bets, you will eek out profit, I can almost guarantee it.
Anyway, so assuming you have the basics above locked down, here are my extra tips for trying to get more winners and less losers, which at the end of the day is where your real profit is going to come from.
1. Research really helps
Sorry if this is totally obvious, but I’ll say it anyway!
Spending 10 minutes per Acca and having a quick look at league tables and even recent form can, IMO, pay dividends.
Not all Odds On shots are created equal
Take a look at the two home teams below which have the same odds of 1.60:
Now let’s have a quick look at the league table of both. I quickly load up livescore.com and navigate to the desired country/league 2:
Now what team would you rather bet on? Cardiff in 2nd playing Birmingham in 22nd? Or Wigan in 3rd playing Scunthorpe in 5th? I mean, it’s a bit of a no brainer isn’t it? Yet this sort of thing crops up surprisingly often. You don’t have to know jack about football to be able to tell one bet is far better than the other.
Admittedly, not all are as obvious as this one, but it’s an easy way to wheedle out the really bad bets. If teams are close to each other in the league, especially after many games have been played, and they are well odds on, then something is amiss and you are probably best to just avoid that as a selection. Especially on weekends where there will be loads of other teams to fill in the gap. And obviously, often times the team that is the “bad bet” will just win anyway, but that definitely doesn’t mean it was a good bet in the first place.
Oh, and I guess you are wondering what the results were? Here you go:
Wigan Athletic 3 – 3 Scunthorpe United
Cardiff City 3 – 2 Birmingham City
Be careful as we approach the end of the season when teams are odds on and you are not sure why just from a quick glance at the League tables. Remember that a mid table team may have “nothing to play for” while the team 10 spots below them a few points from escaping relegation.Likewise avoid teams that have already won the league that are heavily odds on as they also now have “nothing to play for”. These sort of situations provide some anomalies so you’ll have to take this into account in April and May as the main leagues wrap up.
It is also worth pointing out that if you haven’t got time to check anything, and there are a decent amount of fixtures on to quickly select an Acca that is in the right ball park, just go for it and trust the EV (Expected Value)! There is no point in not playing at all just because you haven’t got half an hour to spare checking each and every bet that has come up. The whole point is that EV is positive here, but I think you can actually beat EV by some margin with research and the other basic tips below.
A quick aside: There are so many of these “bad odds on shots” that come up I started to just lay them instead of putting them in my Accas, and have actually done alright out of it. Stats so far are 28 lays, 10 wins (i.e. the team lost), £431 staked and £176 profit for a ROI of 41%. My stakes have been pretty erratic though so if you did each lay to lose £10 (i.e. if the team you laid won, you would lose £10) then the ROI would have been 24%, so still pretty good. I also backed the opposite team a couple of times and it came in so made good profit on that in addition to the above! I wouldn’t advise anyone else do this of course but thought it was worth mentioning. I haven’t done any for a while as it does take extra time and effort and have been concentrating my efforts on the horse racing more at the moment, but I definitely will bear it in mind in the future if/when I get time. Really do need to stop laying PSG in French Ligue 1 though, when will I learn!? 🙂
2. Stick with home teams if possible
In case you didn’t know, home teams are far more likely to win than away teams. This is supposedly reflected in the odds, but backing heavily odds on teams away from home is not a very good betting strategy from what I’ve seen over the years, so I tend to avoid these unless I really have to or the team is one of the strongest teams about (e.g. Barcelona, PSG and Man City this season)
3. Stick to low odds where possible
Simply because the lower the odds, the more likely that all teams will win, and if they don’t then the more likely that only one team will have not won to trigger the Acca insurance. If there is a 1.5 shot at the top of the list, and a 1.25 shot lower down that is twice as likely to win, then I would normally always go for the 1.25 shot (as long as it means your accas fulfils all the other criteria needed – OddsMonkey will tell you if it hasn’t).
4. Don’t bother when there aren’t many fixtures on
There are a multitude of lessons in this point so pay attention:
See the big slump in my profit graph at the top of the post, that started around Christmas time and lasted until mid January? At least half of those losses is because I was stupid enough to continue playing when most leagues were taking their Xmas break, there were barely enough selections most days to make up an Acca, and I totally went against the basic principles of doing this. I was making all the rookie mistakes:
- Putting in teams I’d never heard of from Tunisian Div 3 football
- Putting in much higher odds than I would normally
- Putting in teams that weren’t even coming up on the OddsMonkey Acca tool!?
Totally stupid, but as I had been on such a good run previously I guess I just fancied a punt to win a really big win for an Xmas treat (would have been more like a Christmas Miracle if it came in!).
Don’t be like me and succumb to stupidity/greed, stick to the basics and you won’t go far wrong. As you can see I soon learned my lesson and the profits started to go back up!
5. You don’t have to play every day
Even though most of these offers allow you to claim at least once per day, which first led me to believe that I had to do one Acca per day to milk the most out of it, I have changed my stance now and try to be more selective about my bets instead. At weekends when there is tonnes of footy it obviously makes sense to do at least one Acca that finishes Saturday, and one Sunday (per account) but during the week or when there are International breaks, and I guess over summer as well, I think you are best off placing less Accas. If an Acca spans the course of 2-3 days then that is no worries!
Update: Another important point bought up by reader markyboy in the comments is that the one per day rule counts for when the last bet in your Acca finishes. So you need to time your Accas to finish on different days, and definitely don’t do two that finish on one day as you may miss out on an insurance refund. There are however other offers that have unlimited refunds, so as always make sure you check the T&Cs of each individual offer.
6. All eggs in one basket or spread your bets around?
I can’t tell you which is best on this one and I think it is best for you to decide once you’ve done your research on any given fixture list (I do either or a combination of both depending on how I feel about my selections).
But let’s look at the case for both:
- All eggs in one basket: If you have found 5 really strong bets, then why not just use them across as many Accas as you can? I’ve done this a few times with moderate success. If you do it this way your returns are going to be more spikey, or have more variance, because you will either lose all your Accas or win them all (or get the insurance) if you use exactly the same teams.
- Spread your bets: This should in theory work better to smooth out your returns because you are giving yourself more chances to win. However you are also giving yourself more chances to lose 😉 . To be fair I normally do something more like this, because there is nothing worse than getting all of your Accas taken down by that “nailed on” 1.2 shot (see #7 below!). It also makes more sense to do this if you are not super confident on just 5 selections, or are really confident of say 7 or 8 selections. It obviously makes sense to mix and match selections over a few different Accas and bookies in this case.
7. Be prepared for bad beats
Annoying shit happens all the time when you are gambling and doing No Lay Accas is no different:
- One team takes down all of your Accas, and it’s often the lowest price (i.e. the team that really should have won):
That’s about £180 profit down the drain then… Thanks Dinamo!!!
- Late goals and other unlucky events during matches – Just be fully aware that many of these go in your favour and luck will balance out. Or better still don’t even look at what happened in the game, just take note of results and move on quickly!
- Getting 12 out of 15 match results correct over 3 Accas, but one team losing in each one. This is infuriating and happens more often than you’d think. I don’t know how or why but if anyone has any tips on avoiding this one, let me know!? 🙂
8. Other small/specific tips
- Beware teams with the same name: I didn’t back a team in French Ligue 2 because I couldn’t understand why they were odds on when they were like 10 places below the other team. Had I looked a bit closer I would have noticed that there were 2 teams from Ajaccio: AC Ajaccio, who are much better than GFC Ajaccio. It’s worth really paying attention to the names as there are a few leagues with many teams from one City in them.
- Don’t watch your Accas in running: Unless you are a glutton for punishment or like the rush of gambling then it’s probably worth not watching the in running scores. If one of your teams goes 1-0 down early on you will probably spend the next 80 minutes a bit on edge, when the likelihood is they’ll come back and win anyway. Either way, I’d recommend just looking at the scores at the end of the day or the next morning. The negative hit if your Acca has lost this way is a short one, rather than stringing it out over 90 minutes or even the course of the day. Likewise if your teams have gone down by a goal and all end up winning anyway, there is the unnecessary anguish. I seriously need to follow this advice more often 😉
- Check for bookie specific offers: I have been using William Hill for about 3 months and successfully using their Odds Boost on my Accas (You get one odds boost per day to use on any bet). This really juices the EV!!! It’s definitely worth trying out 3. Still, worth doing I think, no reason not to, as any account matched betting is going to get stuff removed sooner or later and 3 months seems like a good run with that.
- A warning though if you try the same thing with Ladbrokes Odds Boost feature, they gubbed me pretty quickly, and took away the Acca insurance as well. So I would just stick to doing the normal Acca and not hitting “Boost” (luckily I had another Laddies account to work with 😉 !). Also you can use their boost on other bets of course, just don’t combine it with the Accas as that is what seemed to piss them off.
At the moment I’m making such good ground with my Ladbrokes and William Hill accounts I haven’t bothered checking out any of the other bookie’s Acca offers yet, and some of them look, to be blunt, crap, but as and when I find any others I will be sure to do an update on those as well.
That’s it! Hope you found it useful and if anyone has any other tips on Accas or other bookie offers, please let us all know in the comments section below!
And please do not forget to share this with all of your MB Friends! 🙂
Notes:
- An Arb is effectively anything with a rating over 100% on the OddsMonkey Odds Matcher tool ↩
- Note this was from about a month ago so the table will have changed since then, but I saved it as a good example of out of whack odds ↩
- If you can’t see the odds boost on desktop then try it on your mobile as sometimes it only appears on the mobile site ↩
Discussion (26) ¬
Useful post!
Thought question – if you were to recommend one type of betting which would you choose? Enjoy e.g. each way sniping, no lay acca etc?
Sam
Hi Sam,
I would go with the Acca’s first because the variance and risk of losing is much less (in my personal experience at least and if you follow the tips above).
If you know quite a bit about racing and each way bets already though, no reason not to dive straight into the each way bets as well (keep stakes low until you are comfortable and have made consistent profits as always, of course!)
Cheers!
Cheers for this, TFS.
Some ‘tricks’ I already follow, although at this stage of the season, I need to remember about teams who have already won the league / been promoted. Also, I don’t always stick to the home side so will pay more attention to this, thanks.
I’ve only ever tried the ‘all eggs in one basket’ strategy a few times and been stung badly so now I spread my bets around. I try not to have a team feature more than twice across my accas at any one time, which does restrict my options but which appears to be working better for me.
I’m gubbed by WH but have been using Lads for their boost – cheers for the heads up, I’ll make sure not to use it for accas in future. Although I have a free acca insurance bet which hasn’t appeared so hope I have’t been gubbed…
I’ve been experimenting with a few no acca insurance trebles too, laying the leg if the first two have won. I’ve done 15 of these so far @£5 a bet and am in profit by £57.49. Not sure I want to do too many of these though.
Anyway, may the no lay odds forever be in your favour!
Yea like I say I don’t think any of it’s that ground breaking but then I’ve been immersed in gambling for years, so hopefully others can pick out the bits they haven’t thought about before.
Obviously these are just my guidelines and I break them all the time. I just find that usually when I do it goes wrong.
For example, I did Tottenham away at Brighton the other day… Took down two of my accas! I broke my guideline about away teams, and also I already had 5-6 strong home team picks so I should have gone “all in” instead of trying to spread my bets. Hindsight is a wonderful thing of course but honestly I have been done by away teams so many times now I really have got a strong aversion to them going forward.
Not having a team feature more than twice is a good idea for spreading your bets, I am not that analytical on that and tend to just spam random selections (again hence me thinking I am better putting all or most of my eggs in one basket as at least I know where I stand then)
Maybe you won’t get gubbed and I’ve just been unlucky?! Did you get your free bet in the end? Hopefully you haven’t been gubbed as well!
What other bookies are you doing this with? Are there any other decent ones?
Cheers!
WH do indeed remove the boosts but still leave you eligable for the acca insurance. They also strangely gub you from their casino far quicker than they gub from sports. Use Chrome and the developer mode to check if you get the boost on their mobile sites, some people have reported losing it on desktop but not mobile.
Hi Guy,
Thanks for the extra info. I thought that might be the case but can’t confirm as my next two Accas after having boost removed have won 😉
Yea forgot about that… will check on Mobile next time!
Will update the post to give others the info, thanks!
Thanks!
Weird. I just checked on mobile and it wasn’t there, but when I opened in a new incognito mode window and logged in again on desktop, then it forwarded me to the new site, I had the boost again. Oh well! Maybe it’s gone on mobile and not on (new) desktop, the other way around!? Hah!
WOW I love your detail here but without going too step by step. Its really clear too! I was even tempted to have a go but luckily my matched betting mishaps are still in the forefront of my mind! Maybe I’ll show it to the MR? 🙂
LMF x
Defo get the Mr onto it, sounds like he has taken to MB quite well so think he would like it and hopefully make you guys some £££ as well!
Cheers
Hi TFS,
Wow, what a comprehensive guide. Does the profitability of the strategy rely on on the free bets or is the expectation of the accas simply enough to result in success through the law of large numbers? With the free bets do you Lay them on bet fair as with a typical MB?
QT
Hi QT,
The profitability relies only on the free bet. If you manage to find Acca’s with positive EV without the free bet you would probably be shut down very quickly with any bookmaker (as you would essentially just be doing Arb Accas which I’m guessing will stick out like a sore thumb and they won’t like it, also finding enough selections would be nigh on impossible anyway, I’ve never seen it in 3 months of doing it so far.)
The idea with the free bets is just lay them as a typical SNR bet and you get 75-80% of your original stake back. Although sometimes I will just put them on as a bet, but I don’t count that in my stats as that is me deciding to put the bet on. If I do that I will just put it down as a 20% loss of original stake.
Cheers
Thanks TFS,
A few more questions…
1. For example, you open two bookmakers accounts and one @ betfair. What capital would you suggest you need in each account to get started?
2. Do you place your free bets on long odds so you increase the chance of “losing” your free bet and don’t take too much from the bookie?
QT
1. I would stick about 100 in each bookie account which will cover 4/5 losing bets (hopefully you won’t get 4/5 losers in a row but of course this could definitely happen!). Ideally you would have around 500 in the exchange because this allows you to do high odds SNR free bets, which means you get more of your stake back when you hit the acca insurance. Also I would definitely use Smarkets over Betfair because the commission is lower so you tend to get far more matches. Also they have an Oddsmonkey integration, so you can put your lay on without ever leaving OM website… amazing time saver or at the least just very damn convenient.
2. Linked into what I just said… The only reason I would do high odds is because you get more of your stake back. Couldn’t give a hoot about whether I win or not with the bookie, because you can’t predict what will win or lose anyway so there isn’t much point in worrying about that.
A good way to think about this is that you could always lay at 4/1 or 5.0 decimal odds. Do 100 £1 bets like and you’d expect to win at the bookmaker 20% of the time so would take out 20 * 4 = £80
You could then do 19/1 or 20.0 decimal odds bets instead to “increase the chance of “losing” your free bet and don’t take too much from the bookie?” but you’d expect to win 5% of those bets. So you’d end up taking out 5 * 19 = £95 which means you’d actually end up winning more.
Basically if you only ever plan on doing one bet then I guess that line of thinking makes sense, but as you will be doing many of these, the only reason you want to do high odds is the one I have stated.
Cheers 🙂
Great post!
Couple of questions if I may…..
1) Are you using the OM no-lay matcher and then using your own intuition or just your own intuition? I read a lot about EV over time but I’ve had a terrible run of late so much so that I’ve only won one of about the last ten with no free bets – these were spaced over a few week so no ‘same team letting me down many times’ syndrome. That followed a three month hiatus where something similar happened in the Autumn.
2) The ‘bad odds on shots’ you mention in 1) when you just lay them then if just laying them, surely you only make a profit if its an arb, or am I missing something?
Cheers and keep up the good work.
Of course David…
1. Definitely using the OM No Lay Acca Matcher… the thing is worth the yearly subscription on it’s own! Then trying to filter out as per my “rules” above and do a bit of research/intuition or whatever you want to call it. 1 in 10 with no free bets is a terrible run, I think I probably matched that in my bad stint in January but that is when I went off the rails and forgot all of my “rules”.
Is it worth giving it another crack with what I’ve said above in mind or were you already doing most of it anyway?
Obviously I am in no way saying you will be bullet proof to losses by following my tips, but I still think they can swing it even further in your favour.
2. When say I’m laying the team, I am not even backing them in the first place. So if the team don’t win, then I win my bet. If a team is 1.25 to win, I am essentially getting 5.0 on them “not to win” if I lay them. I think many of these are great value lays but it is all just based on my own opinion and there isn’t really a system. I am just making a judgement call and saying, “hang on, why is this team so short… I am no way putting this in my acca because the odds are crap, so therefore I am going to do the complete opposite and lay them instead”. The bottom line is this is straight up gambling and there is no “edge” apart from that I think my own opinion is more informed than the bookies/other people on the exchanges. Pretty stupid really, but so far (over a very small amount of bets it must be noted) I am coming out slightly ahead.
Hope that clears things up a bit but let me know if not?
Cheers
Many thanks for the detailed response.
1) I did have a tendency to pick out any ‘bad odds’ anyway sometimes but notably not all times. When I first started doing no-lays I pretty much followed the no-lay matcher so long as the EV was positive. When that started to go downhill I switched to using my own intuition most of the time with little success. I might try and get a few in before the season ends. As an aside I did one Monday and at least got a FB out of it!
2) Understand now, sorted.
Cheers once more
Good luck David!
I have played around with no-lay accas in the past and may pick them up again in the future but have found lower variance ways to make a profit matched betting recently.
One thought that I had about your gubbings with Hills and Lads is that you seem happy to select obscure teams in far away leagues.
I’m not sure that many people in the UK place bets on the Croation or Portugese leagues nevermind ,yee Gods, the Tunisian 3rd Division!!
If I don’t know anything about the team then I don’t bet on them is my rule of thumb. That applies to accas and other value bets.
I just stick to the major European leagues and top 3 divisions in England for my selections.
Another thing that you didn’t mention which has caught me out is that the bookies have a limit of £20/£25 per day acca insurance refunds. The per day applies to the day the last game of the acca is played.
So if you put accas on throughout the week but they all have their last game on Saturday then you may only get insurance paid out on one of them.
Anyway good luck in the future. Keep those accounts sweet.
Hi markyboy,
Cheers for your thoughts, much appreciated!
I think bookies love people sticking odds on shots from unknown leagues into their Accas. That stinks of a mug punter IMO.
I highly doubt that contributed to the gubbing and in fact I did a live chat and they confirmed it was because I shouldn’t have been combining the offers of the Acca insurance plus the odds boost (The obvious reply would be “well why does your software allow it then you morons!” but would have been pointless raising that post gubbing as it wouldn’t have changed a thing).
Of course I fully agree with your second point: “If I don’t know anything about the team then I don’t bet on them is my rule of thumb” Spot on!
A good point on the one per day and day of finish. I’ll update the main text to make that more obvious.
Thanks again and good luck to you as well sir!
Dunno about you, TFS but I’ve had a disastrous weekend on the accas!
Oh no! Sorry to hear that weenie.
I was actually away for the weekend so didn’t get time to do any, sounds like I may have had a lucky escape?
Such a great post! Really useful for the likes of us who are completely clueless about such things! Mr Fu is a real half-hearted Matched Better, but I’m so keen to get in on it more (we’ve done the offers but no more and I’m itching to get going on it). I’m going to make him read this. Thanks, TFS!
No worries Mrs FMC, glad you found it useful and feel free to post any questions when you get going.
All the best
Hi TFS,
Do you still do No-Lay accas? Having read through later blog entries, it looks like you dropped them. Did they become less profitable?
Thanks
Rob
Hi Rob,
Dropped them mainly because the each way betting has taken over and is more profitable and less hassle (IMO). I have no doubt they are still a great way of making money though!
Cheers