What are ‘Aggregate Winnings’?
Aggregate winnings simply refer to the total winnings a bookmaker or a casino is liable to pay out should your bet come in. When placing a bet online or at a bookmaker, you will either be presented with or will be able to work out your aggregate winnings based on your odds. For example, a £25 bet with odds of 18/1 will give you aggregate winnings of £475 once your stake has been returned.
‘Aggregate Winnings’ explained
It shouldn’t surprise you that a bookmaker or casino will want to ensure they are fully prepared for any losses that might be coming your way. To ensure that this is the case, they will calculate something called the ‘Aggregate Winnings’. Put simply, it refers to the aggregate winning limit that is attached to your bet. For example, when you place an ‘accumulator‘ or an ‘acca’ bet, your aggregate winnings is the total amount of cash that the bookmaker will have to return should all of your predictions come off. For example, if you place a £5 ‘acca’ on the outcome of six football matches, your betting slip will have your potential aggregate winnings on it – in this instance, let’s say it’s £525. If then all six of your predictions come off, the bookmakers will have to pay you your aggregate winnings of £525.
Nearly all bookmakers will keep a running total of all the aggregate winnings that they will potentially have to pay out across every single sporting event, that way they can find out whether or not they are running a balanced book.
With casinos, the odds of table games will influence the aggregate winnings. If for example in Poker, an unlikely 1000/1 bet comes off, the casino will be liable to pay out the aggregate winnings. That’s why you will find a lot of casinos will temper the aggregate winnings by enforcing an ‘aggregate limit’ which serves as the maximum amount any one player can win from a game, no matter what the aggregate winnings might be.