Betfred Acca Insurance

Punters love to try their luck on accumulators bets. While this can pay off handsomely, there is always that risk of one leg letting you down. As a passionate bettor who is always looking out for the next big win, you have probably experienced that.

Missing out on a win by a couple of games is bearable, but losing out by a single fixture, especially when you are on the brink of a win is heartbreaking. Besides the disappointment, you also lose your stake.

The good news is that with Betfred acca insurance, you can recoup your stake whenever one team lets you down. If placing accumulator bets is not your forte due to the risk involved, Betfred offers you an opportunity to protect your stake.

How does Betfred Acca 5 Insurance Work?

Betfred acca insurance works in a simple way. All you have to do is meticulously put together an accumulator bet consisting of 5 or more legs.

If all your selections emerge as winners, you have all the reason to smile. On the other hand, if 4 out of the 5 fixtures are victorious meaning that one team unfortunately lost, you can count on acca insurance. The insurance cuts your loss by refunding part or your entire stake so that you can have a go at it again.

The reimbursement is paid in the form a free bet that is capped at £10. If you successfully use the free bet and win, your winnings are credited to your Betfred account less the value of the free bet stake.

What sports and events are eligible?

Although there are some restrictions on the type of sports that you can use the Betfred acca insurance on, all the popular football leagues are accepted. This includes the premier league, La Liga, Championship, National league 1&2, Italia Serie A, French League 1, German Bundesliga, Dutch Eredivisie, Dfb Pokal, Copa Del Rey, Fa cup, EFL Cup, Coppa Italia and so on.

Which type of selections and bets qualify?

For one to qualify for the Betfred acca insurance benefits, your accumulator must consist of 5 or more selections. The match results should be (W-D-W) with every fixture having a minimum odds of 1/3 (1.33). In addition, acca insurance is meant for only straight accumulator bets. Free bets, live bets and cash out bets do not qualify.

How and when is a refund paid?

In the event where a single selection loses while the other legs prevail, then your bet is deemed as eligible for the refund. Your free bet is then credited to your Betfred account within the first 24 hours. This is after the settlement of the final match.

Not yet joined Betfred?

Any punter who would like to leverage these benefits has to be signed up with Betfred. The signing up process is extremely simplified. Your account should be up and running within a jiffy.

So, how can you sign up with Betfred?

Open your browser and visit the Betfred site. On the top right of your screen, you will see the “Sign up Now” box.  Proceed by clicking on it. Fill in the registration form displayed and click on ” Register” upon completion. After that, make your first deposit.

Your first deposit will earn you free bets of up to £ 30 as well as a whopping £ 30 free spins at the casino.

How Acca insurance works on Betfred (Example)

Bet Details                  punters pick      odds         Match results

Everton – Burnley                1                     1.61              1     won

Juventus-Torino                    x                      3.70             1     lost

Mainz-Leipzig                      2                      1.76            2     won

Bourdeux- Angers                1                      2.35             1    won

Bury- Portvale                      1                      1.50            1   won

As you can see from the above example, this is a typical bet slip with 5 legs. On this slip, the punter has made 5 selections. In each and every one of the picks, the odd is above the required threshold of 1/3.

If you look at the outcome, you will see that the punter got 4 legs right, but was, unfortunately, let down by the Juventus vs Torino game. In that particular game, the bettor’s prediction was a draw, but Juventus won the match. This means that his acca did not win and he is not eligible for the full price. However, he qualifies for acca insurance.

If he had staked £ 10, then his accumulator bet automatically qualifies for a £ 10 reimbursement, which is credited in his account as a free bet.

Betfred Accumulator Insurance Terms & Conditions

• Acca insurance is available for mobile and desktop Betfreds customers
• It applies only to accumulators of five or more selections placed on the available football match result markets
• Each selection must attain a minimum odd of 1.20
• Cash out bets or live bets do not qualify for acca insurance
• Only straight accumulators are applicable, and permutation bets do not count
• If a match is postponed or abandoned, resulting in the reduction of the number of selections in an accumulator to below five, the accumulator is no longer valid.
• If a qualifying accumulator fails due to just one selection, a customer is entitled to a refund of their stake up to a maximum of £10 (per customer per day) in free bets
• Free bets are credited within 24 hours of the acca being settled
• Customers are given a seven day period in which to use their free bet, or else the free bet funds will be deemed as redundant and removed from their account.

Reasons to use Betfred for Acca Insurance

When placing an accumulator bet, there is always a risk of losing out if a team fails. For this reason, it is prudent to use Betfred acca insurance so that you can recoup some of your stakes if one team fails.

Betfred acca insurance gives you another chance to re-use your stake. This happens if only one of the selections has let you down in the accumulator bet.

Finally, if you are a serious bettor who places accumulator bets a significant number of times every week, this insurance increases your chances of being profitable.

However, Betfred acca insurance does not offer a cash refund in the event of a loss. The compensation is strictly disbursed as a free bet. Even though some punters prefer cash reimbursement, you can still use the free bet to turn around your fortunes.

Betting on accumulators is both thrilling and risky. If you are a diligent punter, who once in a while encounters a misfortune of losing a single selection from a superb combination, you could do much better with a Betfred acca insurance.