An accumulator, otherwise known as a parlay bet, refers to a single bet that links two or more bets/individual wagers into one whole bet. In order to win, the accumulator requires all wagers to win as they are each dependent on each other.
Example
One example could include a UFC fight night. One match might only provide odds of 1.4 on the favorite to win which wouldn’t return much. However, by creating an accumulator or parlay bet with the favorites from 3 matches, the punter is able to increase the odds significantly. While a winning $10 bet would have earned $14 previously, it could be worth $200 with the parlay.
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