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Eight Fold Bet – Chase the Big Wins with 8 Fold Betting

Eight fold bet accumulators are not for risk-averse players. They are some of the most complex forms of gambling, with high variance but outstanding payouts. This betting guide teaches you what is an 8 fold bet and how to make it work with minimal risks.

We provide betting advice on how does an 8 fold bet work for football betting and other sports. You will also learn about more complex betting systems using the 8 fold bet as one of their combinations. With this newfound knowledge, you will be well-equipped to make sports betting profitable.

Summary of the article

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What is an eightfold bet accumulator?

An eightfold bet accumulator is a type of wager used in sports betting by a punter who combines eight separate selections into a single bet. For the bet to be a winner all eight selections must be successful. Accumulators can include various types of bets, such as over/under totals, match winners, or point spreads, across different matches or events.

Typically punters place their bets individually, which can add up to a significant amount, but give modest returns. This is when the accumulators come into play. Using an accumulator you can combine multiple bets into one wager, this way being able to amplify the potential returns up to 200x or more.

8-fold bet example

Below you will find an example of an eight-fold bet that can be placed at any online bookmaker you like.

Let’s assume that for each match a punter decides to spare £5. So, in total for the bet on eight selections, the punter would have to pay a total of £40. The total stake of £40 influences the potential returns significantly, as shown in the example. But if a punter places an accumulated bet, the punter only has to pay £5 for all 8 matches and the return has been calculated below taking into account some usual odds. 

Match

Odds

Cumulative Total

A vs B
Odds
8/13
Cumulative Total
8.07
C vs D
Odds
9/2
Cumulative Total
44.38
E vs F
Odds
2/7
Cumulative Total
57.06
G vs H
Odds
6/4
Cumulative Total
142.65
I vs J
Odds
1/1
Cumulative Total
285.30
K vs L
Odds
¼
Cumulative Total
356.62
M vs N
Odds
4/5
Cumulative Total
641.91
O vs P
Odds
4/7
Cumulative Total
1008.71

If the punter had placed individual bets on each match, the return would have been around £80, with a profit of just £40. But if an accumulator bet is used, then the potential profit increases from 2x to an impressive 200x. However, there is a catch, if one game does not go as predicted, then all the bet is lost and the punter does not make any profit. Thus, bettors should also learn to differentiate between betting for fun vs betting for profit.

What are eight fold bets in football betting?

Fold bets or accumulators are usually used in sports that have multiple teams or players. Due to its frequent matches and large-scale competitions, football is the ideal choice. Also, games are happening back-to-back, so football lends itself perfectly to these types of wagers.

Commonly punters opt for double bets or treble bets, but lately, there has been an increase in using 4 fold, 5 fold, 6 fold, 7 fold, or even 8 fold accumulators. In an 8 fold football bet the punter predicts the outcomes of 8 different matches. If all the predictions are correct, then the potential reward is significantly higher than placing individual bets on each match.

Football has some of the most impressive accumulator wins, with punters winning massive payouts. One notable example is a bettor who has won an astonishing £500,000 from just a 30p stake, using odds of 1.6 million to 1! Therefore it is no wonder that with such high rewards, many punters want to know how to win football accumulators.

Different types of multiple betting

Double Bet | The Basic Parlay for Beginner Bettors

Double Bet

Maximize Profits with Three Winning Bets

Treble Bet

Four Fold Bet – The First Step to High Paying Parlays

Fourfold bet

Five Fold Bet – Multiply Winnings with a Popular Accumulator

Fivefold bet

Leverage the Power of Lucky Number Seven

Seven Fold Bet

Horse racing and eight-fold bet

Horse racing is another popular sport where punters can place parley bets in the UK. This way punters can make multiple selections which can successfully result in substantial returns, especially if you use advanced sports betting strategies.

In this sport, there are numerous betting options that punters can explore, such as Heinz, Lucky 63, Super Heinz, or Lucky 15 bets. For example, Goliath bet is comprised of a whopping 247 individual bets spread across 8 choices, including an eightfold accumulator.

But accumulator/parlay bets aren’t limited only to horse races, they are also widely used in tennis where they are much more attractive due to the generally lower probability of major upsets.

How to place an 8 fold bet

Placing an eight-fold accumulator bet is rather easier than you think. All punters have to do is find a bookmaker that accepts this type of bet and follow the simple steps written below:

Step 1
Select a trustworthy bookmaker.
Step 2
Choose eight events you want to bet on.
Step 3
Add selections to bet slip.
Step 4
Make sure that the bet slip is set to an 8-fold or accumulator bet.
Step 5
Enter your stake.
Step 6
Check all selections, odds, and stake for accuracy.
Step 7
Place the bet.

Pros and Cons of 8 fold bet

PROS

  • A big reward for a small amount.
  • Can place bets on a lot of selections with the money saved from placing individual bets.
  • Spread your risk across different events, sports, or markets.

CONS

  • Includes a lot of risks.
  • The whole bet can be lost with just one wrong selection.

The sky is the limit with eight fold bet

With 8 fold bet explained, you now have extensive knowledge about one of the more intimidating betting terms. You can use it to create accumulators with massive payouts and intricate system bets. It works beautifully for all types of sports betting, so you can use it to explore new avenues.

Parlay betting has never been more exciting, now that you know what is an 8 fold bet. Keep your wits about you and bet within your means because variance is high. You only need one big win to offset many small losses.

Frequently Asked Questions about 8 fold bet

An 8 fold bet, also known as an eight fold accumulator, is a wager that combines eight different selections into one bet. For the bet to win, all eight selections must be successful.

No, 8-fold is not the same as 8 times. The reward is calculated by taking into account the odds of all eight selections and not just simply multiplied 8 timed.

Most sports allow eight-fold bets, but it is advised you check the bookmaker's website before placing your bets

Yes, 8-fold bets can be available in live betting, but availability may vary depending on the bookmaker and the chosen event.

Many mobile betting sites offer punters the option of placing parlay bets using a smartphone, but before doing so you should better check this with your bookmakers.

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