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A fold is a single selection that is part of a bigger bet. Multiple bets consist of folds, or legs, and these are the separate selections that all need to be winners for an accumulator bet to be successful. Although it is more commonly called a treble, if an accumulator has three selections it can be referred to as a three fold.
Bookmakers like accumulators, as each of the selections needs to be successful for the entire bet to pay out. Obviously there is less chance of that happening than just a single selection.
Bettors also like accumulator bets as they can offer large potential returns for a relatively minimal outlay. The chance of the accumulator being successful is reflected in the odds.
An example of a three fold accumulator bet would be to bet on Chelsea beating Arsenal, Liverpool beating Spurs and Watford beating Brighton. If all three of those selections were winners then the bettor would get the pay out. If just one of the three were not successful, the bet would be lost.
One lucky punter in 2016 made just over £53,000 on a 22-leg football accumulator. No three fold or four fold acca for them! The pay out was set to be £1.5 million but for some reason the bettor cashed out before the final game was played.
The match in question was actually Barcelona v Real Sociedad – and although the Spanish giants would have been expected to win, they ended up losing 1-0 meaning that the cash out was a very smart move.